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The Indian Media & Entertainment industry has been hitting new milestones and has stepped onto a matured phase at a growth rate of 12% CAGR. The FICCI Entertainment Division has been cheerleading the potential of this sector for the last ten years. It interfaces extensively with the entire gamut of the entertainment industry to work on issues which ought to be represented to the government as well as studies and explores the various commercial nuances of this growing and vibrant sector

The Indian Media & Entertainment industry has been hitting new milestones and has stepped onto a matured phase at a growth rate of 12% CAGR. The FICCI Entertainment Division has been cheerleading the potential of this sector for the last ten years. It interfaces extensively with the entire gamut of the entertainment industry to work on issues which ought to be represented to the government as well as studies and explores the various commercial nuances of this growing and vibrant sector. In fact it was FICCI’s tireless work in the last decade which made the government accord “industry” status to the Indian film sector

Some key policy issues being addressed currently are:

  • Copyright act for film producers
  • 3rd Phase of privatization of FM Radio in India
  • Tax related issues for the Multiplex; Animation and Gaming and VFX industries
  • Broadcasting services regulation bill including self regulation and content code for the television industry

Team Leader

Leena Jaisani

Assistant Secretary General

Timeline

2023
May
Press Release

India has emerged as attractive destination for film making worldwide; offers oasis of opportunities: Anurag Singh Thakur

Event

India Pavilion at Cannes Film Festival 2023

Press Release

Govt supportive of M&E sector efforts to expand globally: Piyush Goyal

Press Release

Govt to soon announce AVGC policy and create AVGC Mission: Secretary, Ministry of Information & Broadcasting

Press Release

FICCI shortlists 100 Indian Developers for XROS Fellowship Program supported by Meta

Study

Windows of opportunity: India's Media & Entertainment sector - maximizing across segments

Event

FICCI FRAMES 2023

2022
Dec
Event

An All-Day Knowledge Session on the Metaverse

Nov
Event

Launch of XR Open-Source Fellowship Program [XROS]

Sep
Press Release

Rajasthan Govt urges film fraternity to come, shoot in the state

Press Release

Indian Creative Industry Provides Opportunities for Expansion & Leaving a Global Footprint of the Country: Justice Prathiba M. Singh

Press Release

Indian M&E sector to grow over $100 billion by 2030: MIB Secretary

Event

FICCI FRAMES Fast Track 2022

May
Press Release

Trailer of 'Mujib - The Making of a Nation' trailer released at Festival de Cannes

Press Release

Indian content has been ruling the hearts and minds of the global audience: Union Minister Shri Anurag Thakur

Press Release

Shooting of foreign films in India get a boost, Union Minister Shri Anurag Thakur announces major sops

Event

India Pavilion at Cannes 2022

Press Release

Indian delegation lights up Red Carpet at Cannes

Press Release

Prime Minister Narendra Modi wishes grand success to Cannes Film Festival

Feb
Press Release

FICCI announces appointment of Jyoti Deshpande, Co-Chair of FICCI Media & Entertainment Board

Jan
Study

Economic Impact of Online Curated Content Services in India

2021
Dec
Event

FAST TRACK INDIA 2021

Nov
Event

FRAMES Content Hub

Press Release

FICCI to organize 'Frames Content Hub' in partnership with South Korea

Oct
Event

Webinar on Content Buying Habits in India

Sep
Press Release

India's participation at Venice Film Festival to create new opportunities, boost collaboration between India-Italy: Ambassador of India to Italy

Press Release

Need to harness creativity of our technicians; integrate the spirit of nation building in each citizen of all BRICS nations: Anurag Singh Thakur, Minister of I&B

Event

BRICS Film Technologies Symposium

Jul
Press Release

India has opened up facilitation office for international film makers; all approvals to be given in one go: Prakash Javadekar

Event

Inaugural of Virtual India Pavilion at Cannes Film Festival, 2021

Press Release

Minister of Information & Broadcasting Prakash Javadekar to inaugurate virtual 'India Pavilion at Cannes Film Market, 2021' on 6th July 2021

Mar
Press Release

Media and Entertainment industry expected to reach INR 2.23 trillion by 2023: FICCI-EY report

2020
Nov
Press Release

Media, content creators should involve adjudicatory mechanisms to remain free and fair: Justice Pratibha M Singh, Delhi High Court

Event

Fast Track Digital Series

Sep
Press Release

Co-production Treaty to take India-Italy cooperation to a new level: Prakash Javadekar

Aug
Press Release

Media and Entertainment a sunrise sector, skill-based education to create more jobs: Amit Khare

Event

FICCI FRAMES-LEAP

Jul
Press Release

Govt will work to provide single window clearance for film shooting in India - Piyush Goyal

Press Release

Govt to soon announce SOPs for filming in India, clearance received from health ministry: Joint Secretary, I&B Ministry

Press Release

Time to revive India's traditional sports: Director General, Sports Authority of India

Press Release

ASI to give permission for film shooting in archaeological sites in 15-20 days - Prahlad Singh Patel

Press Release

Ministry considering to provide infrastructure status to Media & Entertainment industry: Amit Khare

Study

Taking the Temperature Report 1: Impact of Covid-19 on India's Creative Economy

Press Release

Green shoots visible in the economy, India will bounce back with vengeance - Amitabh Kant

Press Release

Govt SOPs soon for shooting and re-starting film-making: Prakash Javadekar

Event

FICCI FRAMES 2020

Jun
Press Release

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

May
Study

FICCI CAM Entertainment Law Book 2020

Study

Entertainment Law Book 2020

Press Release

FICCI - Cyril Amarchand Mangaldas releases FICCI Frames 'Entertainment Law Book 2020' Report

Mar
Press Release

Media and entertainment industry in 2019 grew by almost 9% to reach INR 1.82 trillion: FICCI - EY Report 2020

Study

The era of consumer A.R.T. - India's Media & Entertainment sector

2019
Dec
Press Release

Italy to be the partner country at FICCI FRAMES 2020

Sep
Press Release

Government to improve Ease of Doing Business for OTT, VoD platforms: OSD to Maharashtra CM

Event

FICCI Knowledge Series: Fast Track India 2019

Jul
Event

Media and Entertainment CEOs' Roundtable Meeting

May
Press Release

Enhance exposure of Indian cinema in US: Oscar Academy head John Bailey

Event

Interactive Session with Mr John Bailey, President - Academy of Motion Picture Arts and Science & Ms Carol Littleton, Governor - Academy of Motion Picture Arts and Science

Event

FICCI @Cannes 2019

Mar
Press Release

Frame Your Idea (FYI) a big hit at Frames 2019

Press Release

Broadcasting rights are the fuel for any sport to grow: Matthew Kurlanzik, Director, Government Relations, Asia, 21St Century Fox.

Press Release

First shipment on TIR arrives in India from Afghanistan via Iran's Chabahar Port

Press Release

Need to adopt best standards and align workforce expertise with needs of Industry 4.0: Atul Chaturvedi, Additional Secretary, DPIIT

Press Release

Need to focus on self-regulation to allow M&E industry to grow: Amit Khare, Secretary, I&B at FICCI FRAMES 2019

Press Release

Indian Media and Entertainment industry clocks 13% growth to reach INR 1.67 trillion in 2018: FICCI-EY report

Event

FICCI FRAMES 2019

Jan
Press Release

FICCI welcomes sharing of AIR news feed by Prasar Bharati to private FM radio channels

2018
Nov
Event

FICCI Knowledge Series: Fast Track India 2018 - Reimagining The Content Ecosystem

Jun
Press Release

FICCI partners with AACTA Asia International Engagement Program in partnership with Shanghai International Film Festival for China-India Film & Cultural Exchange Panel Discussion

May
Press Release

Showcasing diversity, furthering collaborations, the agenda for India at Cannes

Event

Celebrating Indian Cinema:The World's Largest Film Industry

Mar
Press Release

Media and entertainment industry in 2017 grew by almost 13% to reach INR 1.5 trillion: FICCI - EY report 2018

Study

Re-imagining India's M&E sector

Event

FRAMES 2018

Feb
Press Release

FICCI to launch international contents market

2017
Oct
Study

FICCI KPMG LAIFC Report - The 'Digital First'

Event

FICCI Knowledge Series: Fast Track India - Digital Building Blocks

Jul
Press Release

Copyright can unleash India's creative and economic potential

Study

Digital inflection point: Indian media and entertainment

May
Event

FICCI SEPC Buyer Seller Meet in Cannes, France

Mar
Press Release

BAF Awards for animation, gaming and VFX presented at FICCI FRAMES 2017 in Mumbai

Press Release

In the era of digitization, integrated newsrooms and industry partnerships is the way forward for newspapers

Press Release

Emissions need to be cut down by 20% in next 15 years to stand a chance to stay below 2 degrees

Press Release

Lack of cinema screens, piracy, high ticket prices at multiplexes & new movies on TV reducing the number of footfalls in cinemas houses

Press Release

Indian M&E industry could collaborate with Canadian producers via co-production, co-ventures and service providers

Press Release

'The Hungry' is a rare example of Indo-UK co-production in 2017, the Indo-UK Year of Culture

Press Release

Media and entertainment industry to grow at a faster pace of 14% over the period of 2017-21: FICCI - KPMG report 2017

Press Release

India-Canada Co-production partnership in film making spelt out

Press Release

Censorship challenges of fringe elements will be overcome through the strength of Constitution and rule of law: I&B Secretary Copyright Board to oversee implementation of IP laws for film industry in the offing 3-day FICCI FRAMES 2017 gets under way

Press Release

Industry and Govt. officials do a reality check on M&E industry

Press Release

Maharashtra IG, Police (Cyber) gives a clarion call to industry to collaborate with enforcement agencies to combat piracy & counterfeiting

Press Release

Challenges and opportunities in the digital world spelt out; need for partnerships to create a digitally empowered society

Study

Media for the Masses: The Promise unfolds

Study

Badvertising When Ads Go Rogue

Event

FICCI FRAMES 2017

2016
Jul
Event

FICCI Knowledge Series 2016: Fast Track India - Bolstering Growth in the Digital Content Economy

Jun
Press Release

30-Member FICCI Business Delegation to Join 2016 Edition of FICCI-IIFA Global Business Forum in Madrid, Spain

Apr
Press Release

To promote media and entertainment industry, government encouraging auto regulation and liberalizing security clearances: I&B Secy

Press Release

'Frame Your Idea' holds over 3000 meetings between idea owners and content producers at FICCI FRAMES

Mar
Press Release

Exclusive and premium content is the key to succeed in digital world

Press Release

Best Animated Frames (BAF) Awards felicitate professionals from the fields of Animation, Visual Effects & Gaming

Study

FICCI KPMG - Indian Media and Entertainment Industry Report 2016

Event

FRAMES 2016

Jan
Event

Media and Entertainment Business Conclave

2015
Sep
Press Release

FICCI signs MoU with City of Toronto to facilitate Indo Canadian Co-productions

Press Release

MESC and AIFEC to organize 3-day workshop for 10,000 people working in the Film Industry

Event

FICCI Delegation to Toronto, Canada

May
Event

India at Cannes

Press Release

Indian films 'Chauthi Koot' and 'Masaan' are chosen under the 'Un Certain Regard' category at Cannes

Mar
Event

FICCI FRAMES 2015

2014
Sep
Event

Future of media & entertainment event at USC

Press Release

FICCI to host Hollywood, Indian film industry icons in Los Angeles for discussion on future of entertainment

Jun
Press Release

FICCI applauds the I&B Minister for his commitment for stable policy regime with transparency and time-bound mechanism a priority

Press Release

FICCI delegation meets I&B Minister; presents road map to boost M & E sector, hails proposal for dedicated DD channel for kids and animation

May
Event

India at Cannes

Press Release

India Pavilion at Cannes 2014 to showcase the world of Indian cinema in its centenary year

Press Release

Kamal Hassan to inaugurate India Pavilion at Cannes Film Festival, France

Apr
Event

FICCI-IIFA Global Business Forum 2014

Mar
Study

The stage is set: FICCI-KPMG Indian Media and Entertainment Industry Report 2014

Event

FICCI Frames 2014

Press Release

Indian Media & Entertainment industry grew by 12 per cent in 2013 and touched INR 920 billion, says FICCI-KPMG Report

Press Release

FICCI FRAMES 2014, to discuss reforms regulatory mechanisms & implementation of policies

Jan
Press Release

Kamal Haasan is being awarded the Padma Bhushan, FICCI reaffirms its commitment to realizing Dr Haasan's vision

2013
Oct
Event

FICCI Media & entertainment business conclave

Jul
Event

Round table discussion on taxation issues affecting broadcast, IT & Telecom industries

May
Press Release

FICCI condoles the demise of film maker Rituparno Ghosh

Apr
Event

Celebrate 100 Years of Indian Cinema

Mar
Study

The power of a billion Realizing the Indian dream

Study

Single window clearance: Making India easier for filmmakers, Way forward for Indian Film Commission

Event

FICCI FRAMES 2013

Press Release

Indian Media & Entertainment industry to achieve growth of 11.8 percent in 2013 and touch INR 917 billion, says FICCI-KPMG report

2012
Dec
Study

Media & Entertainment in East India - Bengal: A vibrant way forward

Event

FICCI Media & Entertainment Business Conclave Kolkata

Press Release

Star India CEO, Uday Shankar, is new Chairman of FICCI's Media & Entertainment Committee

Event

Roundtable Meeting of FICCI-Entertainment Committee with Mr Manish Tewari, Hon'ble Union Minister of Information & Broadcasting

Oct
Study

Promising Signs Ahead: Media & Entertainment in South India

Event

FICCI Media & Entertainment Business Conclave

Mar
Study

FICCI-Indian Entertainment Industry Report

Study

FICCI-Entertainment Lawbook

Event

FICCI Frames 2012

2011
Dec
Event

Media & Entertainment Business Conclave

Event

Media Entertainment & Business Conclave (MEBC)

Mar
Event

FRAMES 2011

Press Release

Industry Achieves 11 per cent Growth in 2010; Is projected to Grow at CAGR of 14 per cent Over Next Five Years

Press Release

FICCI FRAMES 2011 to Be Opened By Sachin Pilot on March 23 in Mumbai

Feb
Press Release

Delegation to the Finance Minister accompanied by Minister of Information & Broadcasting & FICCI presented Budget Recommendations today in a meeting of CEOs from Film, Television, Radio and Animation, Visual effects, Gaming & Comic Sector

2010
Dec
Event

Media Entertainment & Business Conclave

Mar
Press Release

Gravest Threat to Newspaper Industry is Disregard

Press Release

3-Day FICCI FRAMES 2010 Opens in Mumbai

Event

FICCI-FRAMES 2010

2009
Nov
Event

Media & Entertainment Business Conclave

Event

Curtain Raiser Press Conference on Media and Entertainment Business Conclave(MEBC)

Feb
Event

FICCI-FRAMES 2009

2008
Sep
Event

Kolkata the Emerging Animation Hub

Events

May, 2023

India Pavilion at Cannes Film Festival 2023

May 17, 2023, Cannes

FICCI FRAMES 2023

May 03, 2023, The Westin Mumbai, Powai Lake

Dec, 2022

An All-Day Knowledge Session on the Metaverse

Dec 05, 2022, The Lalit, New Delhi, 10:00 am - 4:00 pm

Nov, 2022

Launch of XR Open-Source Fellowship Program [XROS]

Nov 29, 2022, FICCI Federation House, 3:00 to 4:00 p.m.

Sep, 2022

FICCI FRAMES Fast Track 2022

Sep 27, 2022, Hotel Westin, Powai, Mumbai

May, 2022

India Pavilion at Cannes 2022

May 18, 2022,

Dec, 2021

FAST TRACK INDIA 2021

Dec 03, 2021, Virtual Platform, 4:00 PM onwards

Nov, 2021

FRAMES Content Hub

Nov 11, 2021, Virtual Platform

Oct, 2021

Webinar on Content Buying Habits in India

Oct 29, 2021, Virtual Platform

Sep, 2021

BRICS Film Technologies Symposium

Sep 01, 2021, Virtual Platform

Jul, 2021

Inaugural of Virtual India Pavilion at Cannes Film Festival, 2021

Jul 06, 2021, Virtual Platform

Nov, 2020

Fast Track Digital Series

Nov 25, 2020, Virtual Platform

Aug, 2020

FICCI FRAMES-LEAP

Aug 27, 2020, Virtual Platform

Jul, 2020

FICCI FRAMES 2020

Jul 07, 2020, Virtual Platform, 11:00 AM

Sep, 2019

FICCI Knowledge Series: Fast Track India 2019

Sep 05, 2019, Mumbai, Maharashtra

Jul, 2019

Media and Entertainment CEOs' Roundtable Meeting

Jul 23, 2019, New Delhi

May, 2019

Interactive Session with Mr John Bailey, President - Academy of Motion Picture Arts and Science & Ms Carol Littleton, Governor - Academy of Motion Picture Arts and Science

May 29, 2019, FICCI, New Delhi

FICCI @Cannes 2019

May 14, 2019, Cannes, France

Mar, 2019

FICCI FRAMES 2019

Mar 12, 2019, Mumbai, Maharashtra

Nov, 2018

FICCI Knowledge Series: Fast Track India 2018 - Reimagining The Content Ecosystem

Nov 01, 2018, Mumbai, Maharashtra

May, 2018

Celebrating Indian Cinema:The World's Largest Film Industry

May 10, 2018, Cannes

Mar, 2018

FRAMES 2018

Mar 04, 2018, Mumbai, Maharashtra

Oct, 2017

FICCI Knowledge Series: Fast Track India - Digital Building Blocks

Oct 04, 2017, The CLUB, No.197, D.N. Nagar, Andheri West, Mumbai, Maharashtra

May, 2017

FICCI SEPC Buyer Seller Meet in Cannes, France

May 18, 2017, Cannes, France

Mar, 2017

FICCI FRAMES 2017

Mar 21, 2017, Mumbai

Jul, 2016

FICCI Knowledge Series 2016: Fast Track India - Bolstering Growth in the Digital Content Economy

Jul 27, 2016, Mumbai

Mar, 2016

FRAMES 2016

Mar 30, 2016, Mumbai

Jan, 2016

Media and Entertainment Business Conclave

Jan 25, 2016, Hyderabad

Sep, 2015

FICCI Delegation to Toronto, Canada

Sep 08, 2015, Toronto, Canada

May, 2015

India at Cannes

May 14, 2015, Cannes, France

Mar, 2015

FICCI FRAMES 2015

Mar 25, 2015, Mumbai

Sep, 2014

Future of media & entertainment event at USC

Sep 30, 2014, University of South California

May, 2014

India at Cannes

May 15, 2014, Cannes, France

Apr, 2014

FICCI-IIFA Global Business Forum 2014

Apr 24, 2014, Tampa Bay, Florida, USA

Mar, 2014

FICCI Frames 2014

Mar 12, 2014, Mumbai

Oct, 2013

FICCI Media & entertainment business conclave

Oct 29, 2013, Bengaluru

Jul, 2013

Round table discussion on taxation issues affecting broadcast, IT & Telecom industries

Jul 09, 2013, FICCI, New Delhi

Apr, 2013

Celebrate 100 Years of Indian Cinema

Apr 28, 2013, New Delhi

Mar, 2013

FICCI FRAMES 2013

Mar 12, 2013, Mumbai

Dec, 2012

FICCI Media & Entertainment Business Conclave Kolkata

Dec 21, 2012, Hotel Taj Bengal, Kolkata

Roundtable Meeting of FICCI-Entertainment Committee with Mr Manish Tewari, Hon'ble Union Minister of Information & Broadcasting

Dec 07, 2012, FICCI, Federation House, New Delhi

Oct, 2012

FICCI Media & Entertainment Business Conclave

Oct 16, 2012, Hotel Park Sheraton, Chennai

Mar, 2012

FICCI Frames 2012

Mar 14, 2012, The Renaissance Powai, Mumbai

Dec, 2011

Media & Entertainment Business Conclave

Dec 14, 2011, Rabindranath Tagore Centre ICCR, Kolkata

Media Entertainment & Business Conclave (MEBC)

Dec 01, 2011, Le Royal Meridien, Chennai

Mar, 2011

FRAMES 2011

Mar 23, 2011, Mumbai

Dec, 2010

Media Entertainment & Business Conclave

Dec 01, 2010, Hyderabad

Mar, 2010

FICCI-FRAMES 2010

Mar 16, 2010, Mumbai

Nov, 2009

Media & Entertainment Business Conclave

Nov 18, 2009, Chennai

Curtain Raiser Press Conference on Media and Entertainment Business Conclave(MEBC)

Nov 12, 2009, Chennai

Feb, 2009

FICCI-FRAMES 2009

Feb 17, 2009, Mumbai

Sep, 2008

Kolkata the Emerging Animation Hub

Sep 10, 2008, Kolkata

Chair

Jyoti Deshpande

CEO
Viacom 18 Media Pvt. Ltd. &
President Media & Content Business
Reliance Industries Ltd

Co-Chair

Mr. Praveen Someshwar

MD & CEO
HT Media Ltd

Compliance of the FDI Policy of the Government of India with regard to the Entries Involved in uploading/streaming of the news and current affairs through digital media

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The Indian Express |

NID Ahmedabad designs India Pavilion at Cannes

Nepal News |

Ranveer speaks about dynamic nature

Business Today |

Why Audio OTT Apps are Growing in India

Millennium Post |

VFX fastest-growing segment: FICCI-EY Report

Financial Express |

Silver screen regains sheen

Hindustan Times |

OTT world goes big on budget

Financial Express |

Screen to snack

Financial Express |

Changing the frequency

The Hindu Business Line |

Carnival Cinemas to double screen count to 1,000 by 2023

Financial Express |

Tapping local frequency

The Pioneer |

OTT: a win-win for All

The Hindu Business Line |

Regional OTTs - streaming ahead, full steam

Indian Television |

The great streaming transformation

The Hindu Business Line |

Pay per movie model begins to see an uptake in India

The Pioneer |

Regional rules digital waves

rediff.com |

Movie business loses Rs 120 billion!

Exchange4media |

The rise of TVOD in the Indian OTT market

Financial Express |

The life goes out of live events

Advanced Television |

India's DD Free Dish tops 40m users

Indian Broadcasting World |

India M&E sector has de-grown 24% in 2020: E&Y report

Exchange4media |

BARC has been a big letdown; broadcasters should get out of it: Uday Shankar

Former Star-Disney India chief and FICCI President Uday Shankar has suggested that the broadcasters should get out of Broadcasters Audience Research Council (BARC) for all the shame that it has brought to the industry. Shankar, who played a key role in setting up BARC, has also said that the audience measurement body has been a huge letdown.

"I played a key role in bringing down TAM and setting up BARC. I think BARC has been a huge letdown but I don't think it was a letdown because broadcasters, agencies, and advertisers were stakeholders in this. It was a letdown because we did not have a vision that was in tune with the possibilities of the 21st Century," Shankar told Madison Media & OOH Partner and Group CEO Vikram Sakhuja in a fireside chat after the unveiling of Pitch Madison Advertising Report 2021.

"The controversy that just involvement in BARC has created for broadcasters they should just get out of that, it's not worth it. It is not worth it for all the suggestions of impropriety that broadcasters have faced. By and large, broadcasters are clean business people and they have done a good job of serving their customers," he further stated.

When Sakhuja asked Shankar whether broadcasters should be kept out of the measurement system, the latter shot back by saying that keeping one or the other stakeholder out will not serve any purpose. He also stated that the proclivity to distort the system will remain the same irrespective of who is involved in the measurement system. "Who owns it I am totally indifferent to that," Shankar retorted.

Shankar also said that he is not in favour of a third-party measurement. "I am not in favour of this third-party measurement structure because look at the kind of distortion and anomalies we have created in this country. It is almost alarming if not dangerous if you see what is happening in the name of data."

Without getting into the TRP scam controversy, Shankar said that the unhealthy obsession for ratings has led to this degradation. "This whole current controversy without going too far into that. The whole degradation that we are seeing whether it is in the news or other controversy is on account of our unhealthy obsession with ratings."

Ratings, he said, are a business tool for engagement between media owners and media buyers. "We need a currency so that you know what you are getting for what I am selling. Over the years, we have turned this into a measurement of our machismo. The rating success became a be-all and end-all not of your business existence but your entire existence and that is unhealthy and that has led to sometimes tactical and sometimes distorted and corrupt practices and inadequate focus on the long health and strategy of the business."

Everything Experiential |

67% creative economy workforce uncertain about surviving beyond 2021: Report

The British Council, FICCI and Art X Company jointly launched the second edition of the Taking the Temperature report on the deepening impact of the Covid-19 pandemic on India’s creative economy. The report that tries to understand the economic state and sentiment of the creative sector workforce and artists, underlines the continued uncertainty in the creative sector and poses a risk to its long-term survival if emergency action is not taken.

The second edition of the Taking the Temperature report provides a comparison of the situation in India since the outbreak of Covid-19, the consequent national lockdown (March-June) and the period following the relaxation of the lockdown (July-October). Despite the relaxations and opening up of the economy, income streams for the creative workforce remain inconsistent and sporadic, pointing towards a bleak outlook for India’s informal creative economy.

Key findings of the report:
  • 67% of surveyed respondents are uncertain that they can survive for more than a year with current resources and funding.
  • Individual professionals and artisans are facing short-term hand-to-mouth existence even as sectors are adapting to digital and live business models to stay afloat.
  • 90% of the sector fears the long-term impact of social distancing on the creative economy, an increase of 4% from the previous survey.
  • The creative economy is contracting with 16% of the creative sector facing permanent closure.
  • Organisations are closing permanently to avoid bankruptcy. 22% of the sector is forecast to lose more than 75% of annual income.
  • 26% of arts businesses fear they will not be able to continue in the last two quarters of 2020-2021.
  • Creative businesses are contending with increasingly difficult choices to remain resilient.
  • Some of the workforces are leaving the creative economy and changing careers.
In view of the findings and the feedback from the creative industry workforce and stakeholders, the report makes the following recommendations:
  1. Collaborative emergency action through investments by governments and corporates
  2. Strengthening of the creative economy for India's international competitive advantage by recognising the cultural and creative sector as an integral part of the social and economic recovery plan
  3. Establishing creative economy networks of artists, artisans, and culture organisations to develop the sector for pooling resources and mutual support
Jonathan Kennedy, Director Arts India, British Council, said, "Since March 2020, the British Council has worked with partners to understand and address the impact of COVID-19 on India’s creative economy. Through in-depth surveying, the Taking the Temperature reports draw comparisons, developments, and changes for the creative economy since the outbreak of the pandemic in March 2020. While the first report helped to understand the immediate impact of COVID-19 on the creative economy; the second report reveals the diminished economic conditions that creative organisations and artists are now faced with. With a greater understanding of the condition of the artists. The report makes recommendations necessary to sustain and keep alive India’s creative economy. As the world over the Taking the Temperature Report confirms the serious depth of the current contraction on the creative economy in India which echoes the global economic recession precipitated by the pandemic. "

Rashmi Dhanwani, Founder-Director, The Art X Company said, "It is clear the creative organisations and artists who have explored new possibilities of culture making in the digital space have come out stronger during the pandemic. The report emphasises the importance of digital entrepreneurship within the creative economy and its vital role in reorganising and rebuilding creative endeavours which were limited to the offline space before. But there is a gap in levels of digital literacy within the creative community and governments as well as corporates must step up to close this gap so that the sector is ready for future uncertainties. However, we must also recognise that despite adapting to hybrid live and digital models, some sectors in the creative industries will remain reliant on face-to-face audience interaction to generate income in the long term."

Sanjoy Roy Co-chair, Creative and Cultural Industries, FICCI said, "The Covid-19 pandemic's impact has been felt in MSMEs, the backbone of India's economy. Creative MSMEs work with limited resources and minimal infrastructure for survival. Without the safety nets and policy-level intervention, their revival is challenging and may take longer than anticipated earlier. While some state governments have provided emergency grants for relief to artists and cultural organisations in India, key segments of the creative sector have not benefited as most are part of the informal economy. The report casts an informed lens on the sectors and particular nature of policy-intervention they can benefit from. For sustainable progress of these segments, robust creative and collaborative networks need to be forged."

India Education Diary |

67% creative economy workforce and artists uncertain about surviving beyond 2021 with current resources (Taking the Temperature Report)

The British Council, FICCI and Art X Company today jointly launched the second edition of the Taking the Temperature report on the deepening impact of the Covid-19 pandemic on India’s creative economy. The report that tries to understand the economic state and sentiment of the creative sector workforce and artists, underlines the continued uncertainty in the creative sector and poses a risk to its long-term survival if emergency action is not taken.

The second edition of the Taking the Temperature report provides a comparison of the situation in India since the outbreak of Covid-19, the consequent national lockdown (March-June) and the period following the relaxation of the lockdown (July-October). Despite the relaxations and opening up of the economy, income streams for the creative workforce remain inconsistent and sporadic, pointing towards a bleak outlook for India’s informal creative economy.

Key findings of the report:
  • 67% of surveyed respondents are uncertain that they can survive for more than a year with current resources and funding.
  • Individual professionals and artisans are facing short-term hand-to-mouth existence even as sectors are adapting to digital and live business models to stay afloat.
  • 90% of the sector fears the long-term impact of social distancing on the creative economy, an increase of 4% from the previous survey.
  • The creative economy is contracting with 16% of the creative sector facing permanent closure.
  • Organisations are closing permanently to avoid bankruptcy. 22% of the sector is forecast to lose more than 75% of annual income.
  • 26% of arts businesses fear they will not be able to continue in the last two quarters of 2020-2021.
  • Creative businesses are contending with increasingly difficult choices to remain resilient.
  • Some of the workforces are leaving the creative economy and changing careers.
In view of the findings and the feedback from the creative industry workforce and stakeholders, the report makes the following recommendations:
  • Collaborative emergency action through investments by governments and corporates
  • Strengthening of the creative economy for India’s international competitive advantage by recognising the cultural and creative sector as an integral part of the social and economic recovery plan
  • Establishing creative economy networks of artists, artisans, and culture organisations to develop the sector for pooling resources and mutual support
Jonathan Kennedy, Director Arts India, British Council, said, “Since March 2020, the British Council has worked with partners to understand and address the impact of COVID-19 on India’s creative economy. Through in-depth surveying, the Taking the Temperature reports draw comparisons, developments, and changes for the creative economy since the outbreak of the pandemic in March 2020. While the first report helped to understand the immediate impact of COVID-19 on the creative economy; the second report reveals the diminished economic conditions that creative organisations and artists are now faced with. With a greater understanding of the condition of the artists. The report makes recommendations necessary to sustain and keep alive India’s creative economy. As the world over the Taking the Temperature Report confirms the serious depth of the current contraction on the creative economy in India which echoes the global economic recession precipitated by the pandemic. “

Rashmi Dhanwani, Founder-Director, The Art X Company said, “It is clear the creative organisations and artists who have explored new possibilities of culture making in the digital space have come out stronger during the pandemic. The report emphasises the importance of digital entrepreneurship within the creative economy and its vital role in reorganising and rebuilding creative endeavours which were limited to the offline space before. But there is a gap in levels of digital literacy within the creative community and governments as well as corporates must step up to close this gap so that the sector is ready for future uncertainties. However, we must also recognise that despite adapting to hybrid live and digital models, some sectors in the creative industries will remain reliant on face-to-face audience interaction to generate income in the long term.”

Sanjoy Roy Co-chair, Creative and Cultural Industries, FICCI said, “The Covid-19 pandemic’s impact has been felt in MSMEs, the backbone of India’s economy. Creative MSMEs work with limited resources and minimal infrastructure for survival. Without the safety nets and policy-level intervention, their revival is challenging and may take longer than anticipated earlier. While some state governments have provided emergency grants for relief to artists and cultural organisations in India, key segments of the creative sector have not benefited as most are part of the informal economy. The report casts an informed lens on the sectors and particular nature of policy-intervention they can benefit from. For sustainable progress of these segments, robust creative and collaborative networks need to be forged.”

Financial Express |

OTT industry to draft a tool kit to implement self-regulation code

The over-the-top (OTT) industry and the Internet and Mobile Association of India (IAMAI) have joined hands to draft an implementation tool kit that will detail the manner in which a proposed self-regulation code for video on demand services will be applicable. The move comes after the government conveyed that the self-regulation code, curated by the IAMAI and adopted by nearly 15 OTT players, did not clearly specify the way it will be implemented.

“We did share the self-regulation code with the government but they came back with some feedback. There are some minor or major implementation issues which they want us to tackle and which the industry in its implementation code (tool kit) is working towards,” said Tarun Katial, outgoing CEO of Zee5 India and chairman of IAMAI’s digital entertainment committee. Industry executives are hopeful that the process of framing the tool kit will soon be completed. “We are assuming that by moving the adjudicating ministry to I&B, there is going to be regulation. There is nowhere that the ministry has ever said that they plan to bring in any sort of regulation. They have also been supportive of content diversity,” Katial said while speaking at a FICCI event on Wednesday.

Earlier this month, the government brought OTT platforms like Netflix, Amazon Prime Video, Disney+Hotstar under the Ministry of Information and Broadcasting by amending the rules of business allocation. Though this does not imply that digital content will now be regulated by the I&B ministry as is the case with films released in theatres and TV programmes, it is now empowered to draw up rules in this regard.

The self-regulation code issued by the IAMAI had mandated each OCCP (online curated content provider) to set-up a Consumer Complaints Department and/or an internal committee as well as an advisory panel to deal with complaints, appeals and escalations. However, the government was not satisfied and had directed IAMAI to consider other regulatory models. The government was of the view that the code lacked independent third-party monitoring. Besides, it does not have a well-defined code of ethics and fails to enunciate prohibited content adequately.

The IAMAI was advised to take cue from the structures of the Broadcasting Content Complaints Council (BCCC) and News Broadcasting Standards Authority (NBSA). “If the government is satisfied that the industry in itself has a good self-regulation code, their position in courts becomes that much more tenable,” Katial said.

In contrast to OTTs, movies that are released in theatres are under regulation and need to have a certificate from the Central Board of Film Certification under the Cinematograph Act, 1952. Similarly, TV serials etc are governed under the Cable Television Network (Regulation) Act, 1995, which lays down a programming code by way of dos and dont’s.

India Education Diary |

Media, content creators should involve adjudicatory mechanisms to remain free and fair: Justice Pratibha M Singh, Delhi High Court

Justice Pratibha M Singh, Judge, Delhi High Court today said that the convergence of free to air broadcasting; pay television; DTR to OTT, shows that there is a need for the creation of an independent adjudicatory mechanism, which is not consisting of functionaries or broadcasters, in order to reign credibility, transparency and fairness. The same, she said, could be under the aegis of an independent service provider.

Addressing the Fast Track Digital series, as a part of the FICCI Knowledge Series, on the role of the digital economy to revitalize economic growth organized by FICCI, Justice Singh said, “If media and content creators have to remain free and fair they ought to involve free and fair adjudicatory mechanisms, which are not coercive in nature.”
Elaborating further, Justice Singh said that apart from the creation of independent regulatory mechanisms, there needs to be a method where broadcasters are a part of the adjudicatory mechanisms to ensure the code of conduct is compulsorily applicable to all broadcasters without exception. “OTT and VoD platforms and other creative content providers should also be a part of this mechanism. Such a system would also protect and preserve the rights guaranteed under the Constitution of India by effectively providing for reasonable restrictions. This would also minimize the need for legislative and judicial interference in issues relating to content,” she added.

Commenting on the rise of the OTT and VoD platforms in the country, Justice Singh said that while the pandemic brought everything to a standstill, it proved to be the silver lining for the OTT and VoD platforms that have seen an exponential rise in the last six to eight months.

The broadcasting industry in India, where creative content has had a large amount of space for itself has been able to generate a large amount of revenues for producers and content creators. The challenges, said Justice Singh, for the OTT and VoD platforms, has just begun. “While there can be no specific solution to the issues currently being faced by the broadcasters in general and digital platforms in particular, I would comment that inspiration should be taken from other self-regulatory or independent redressal mechanisms, which can be used as models for OTT and VoD and broadcaster platforms in general,” she further added.

Ms Belinda Lui, President & Managing Director, Asia Pacific, Motion Picture Association said that the growth of the OTT and VoD sector in India highlights that audiences are responding well to the content offering. “Audiences across the globe have developed a new appreciation for Indian stories and culture. The incredible dynamic culture led by the VoD industry has helped develop a very high standard of storytelling,” she said.

“India has been adding 8.6 million new connections on average every month. Our work to protect the copyright that protects all work through every form of distribution channel will not stop,” Ms Lui added.

Dr Ashish Kulkarni, Founder, Punnaryug Artvision Pvt Ltd, said, “We have seen a huge growth in the digital payment segment, sports, and gaming ecosystem along with a growth in the start-up ecosystem in the space of digital and social media.”

Mr Dilip Chenoy, Secretary General, FICCI, said, “We need a proper approach to enable the entire digital ecosystem to set in a manner that all stakeholders are satisfied.”

Live Mint |

Media, content creators await standard regulations for OTT

Streaming platform executives and content creators in India hope that bringing digital news and OTT (over-the-top) services under the ambit of the Ministry of Information and Broadcasting will not mean censorship of any form of creative expression.

Earlier this month, with a gazette notification signed by the President, the digital audio-visual content, including films and web shows on over-the-top (OTT) streaming platforms, as well as news and current affairs on online platforms came under the purview of the ministry of information and broadcasting.

Speaking at Fast Track Digital, a knowledge series organised by FICCI, Tarun Katial, CEO at ZEE5 said “A lot of people are assuming this will mean regulation by the ministry but the MIB has always made public statements on how it believes in self-regulation by platforms. It has been supportive of diversity of content unless it borders on pornography."

Katial was speaking at the session on Digital Content Regulation: Learning from Best Global Practices.

Karan Bedi, CEO, MX Player said the right way forward would be to create a framework of standard practices that would be common to all platforms and settle on a denominator acceptable to all. It is equally important for audiences to be aware of these definitions, streaming executives said. For instance, not too many people currently know the difference between U (suitable for all age groups) and U/A (requiring parental guidance for children below the age of 12) certification.

“It’s only a matter of time before we come up with these standards," Bedi said.

Speaking at another session, Justice Pratibha M Singh, judge at the Delhi High Court said that the convergence of free-to-air broadcasting, pay television, DTR to OTT, shows that there is a need for the creation of an independent adjudicatory mechanism.

"If media and content creators have to remain free and fair, they ought to involve free and fair adjudicatory mechanisms, which are not coercive in nature," Justice Singh said adding that there also needs to be a method where broadcasters are a part of the adjudicatory mechanisms to ensure the code of conduct is compulsorily applicable to all broadcasters without exception.

“OTT and VoD platforms and other creative content providers should also be a part of this mechanism. Such a system would also protect and preserve the rights guaranteed under the Constitution of India by effectively providing for reasonable restrictions. This would also minimize the need for legislative and judicial interference in issues relating to content," she added.

According to a survey by British market research and data analytics firm YouGov, nearly two-thirds (64%) of urban Indians support (either strongly or somewhat) the government’s decision of bringing digital content including films, web series as well as online news under the ambit of the MIB.

Only a small number (13%) said they oppose this move, while 22% are unsure of their decision. Majority feel online content includes a lot of inappropriate content for children (56%). Many find depiction of violence and bloodshed (48%) and nudity and strong language (44%) in certain kinds of content concerning.

However, many expect gloomy outcomes such as restriction of access to the global or niche content (31%), increase in piracy of movies or series (23%), decrease in the viewership and deterioration of the quality of content (20% each). The survey was conducted online among around 1001 respondents in India in November.

Spirit of Mumbai |

Media, content creators should involve adjudicatory mechanisms to remain free and fair: Justice Pratibha M Singh, Delhi High Court

Justice Pratibha M Singh, Judge, Delhi High Court today said that the convergence of free to air broadcasting; pay television; DTR to OTT, shows that there is a need for the creation of an independent adjudicatory mechanism, which is not consisting of functionaries or broadcasters, in order to reign credibility, transparency and fairness. The same, she said, could be under the aegis of an independent service provider.

Addressing the Fast Track Digital series, as a part of the FICCI Knowledge Series, on the role of the digital economy to revitalize economic growth organized by FICCI, Justice Singh said, “If media and content creators have to remain free and fair they ought to involve free and fair adjudicatory mechanisms, which are not coercive in nature.”

Elaborating further, Justice Singh said that apart from the creation of independent regulatory mechanisms, there needs to be a method where broadcasters are a part of the adjudicatory mechanisms to ensure the code of conduct is compulsorily applicable to all broadcasters without exception. “OTT and VoD platforms and other creative content providers should also be a part of this mechanism. Such a system would also protect and preserve the rights guaranteed under the Constitution of India by effectively providing for reasonable restrictions. This would also minimize the need for legislative and judicial interference in issues relating to content,” she added.

Commenting on the rise of the OTT and VoD platforms in the country, Justice Singh said that while the pandemic brought everything to a standstill, it proved to be the silver lining for the OTT and VoD platforms that have seen an exponential rise in the last six to eight months.

The broadcasting industry in India, where creative content has had a large amount of space for itself has been able to generate a large amount of revenues for producers and content creators. The challenges, said Justice Singh, for the OTT and VoD platforms, has just begun. “While there can be no specific solution to the issues currently being faced by the broadcasters in general and digital platforms in particular, I would comment that inspiration should be taken from other self-regulatory or independent redressal mechanisms, which can be used as models for OTT and VoD and broadcaster platforms in general,” she further added.

Ms Belinda Lui, President & Managing Director, Asia Pacific, Motion Picture Association said that the growth of the OTT and VoD sector in India highlights that audiences are responding well to the content offering. “Audiences across the globe have developed a new appreciation for Indian stories and culture. The incredible dynamic culture led by the VoD industry has helped develop a very high standard of storytelling,” she said.

“India has been adding 8.6 million new connections on average every month. Our work to protect the copyright that protects all work through every form of distribution channel will not stop,” Ms Lui added.

Dr Ashish Kulkarni, Founder, Punnaryug Artvision Pvt Ltd, said, “We have seen a huge growth in the digital payment segment, sports, and gaming ecosystem along with a growth in the start-up ecosystem in the space of digital and social media.”

Mr Dilip Chenoy, Secretary General, FICCI, said, “We need a proper approach to enable the entire digital ecosystem to set in a manner that all stakeholders are satisfied.”

Just News Day |

OTT industry to draft a tool kit to implement self-regulation code

OTT, Self-regulation Trade executives are hopeful that the method of framing the device equipment will quickly be accomplished.

The over-the-top (OTT) business and the Web and Cell Affiliation of India (IAMAI) have joined arms to draft an implementation device equipment that can element the way wherein a proposed self-regulation code for video on demand companies will likely be relevant. The transfer comes after the federal government conveyed that the self-regulation code, curated by the IAMAI and adopted by practically 15 OTT gamers, didn’t clearly specify the way in which it will likely be applied.

“We did share the self-regulation code with the federal government however they got here again with some suggestions. There are some minor or main implementation points which they need us to deal with and which the business in its implementation code (device equipment) is working in direction of,” mentioned Tarun Katial, outgoing CEO of Zee5 India and chairman of IAMAI’s digital leisure committee. Trade executives are hopeful that the method of framing the device equipment will quickly be accomplished. “We’re assuming that by shifting the adjudicating ministry to I&B, there’s going to be regulation. There’s nowhere that the ministry has ever mentioned that they plan to herald any type of regulation. They’ve additionally been supportive of content material variety,” Katial mentioned whereas talking at a FICCI occasion on Wednesday.

Earlier this month, the federal government introduced OTT platforms like Netflix, Amazon Prime Video, Disney+Hotstar below the Ministry of Info and Broadcasting by amending the principles of enterprise allocation. Although this doesn’t suggest that digital content material will now be regulated by the I&B ministry as is the case with movies launched in theatres and TV programmes, it’s now empowered to attract up guidelines on this regard.
The self-regulation code issued by the IAMAI had mandated every OCCP (on-line curated content material supplier) to set-up a Shopper Complaints Division and/or an inner committee in addition to an advisory panel to cope with complaints, appeals and escalations. Nonetheless, the federal government was not happy and had directed IAMAI to think about different regulatory fashions. The federal government was of the view that the code lacked impartial third-party monitoring. Moreover, it doesn’t have a well-defined code of ethics and fails to enunciate prohibited content material adequately.
The IAMAI was suggested to take cue from the constructions of the Broadcasting Content material Complaints Council (BCCC) and Information Broadcasting Requirements Authority (NBSA). “If the federal government is happy that the business in itself has self-regulation code, their place in courts turns into that rather more tenable,” Katial mentioned.

In distinction to OTTs, motion pictures which can be launched in theatres are below regulation and have to have a certificates from the Central Board of Movie Certification below the Cinematograph Act, 1952. Equally, TV serials and many others are ruled below the Cable Tv Community (Regulation) Act, 1995, which lays down a programming code by the use of dos and dont’s.

Gadget Clock |

OTT industry to draft a tool kit to implement self-regulation code

OTT, Self-regulationTrade executives are hopeful that the method of framing the software equipment will quickly be accomplished.

The over-the-top (OTT) trade and the Web and Cellular Affiliation of India (IAMAI) have joined arms to draft an implementation software equipment that can element the way by which a proposed self-regulation code for video on demand companies will probably be relevant. The transfer comes after the federal government conveyed that the self-regulation code, curated by the IAMAI and adopted by almost 15 OTT gamers, didn’t clearly specify the way in which it is going to be applied.

“We did share the self-regulation code with the federal government however they got here again with some suggestions. There are some minor or main implementation points which they need us to deal with and which the trade in its implementation code (software equipment) is working in direction of,” stated Tarun Katial, outgoing CEO of Zee5 India and chairman of IAMAI’s digital leisure committee. Trade executives are hopeful that the method of framing the software equipment will quickly be accomplished. “We’re assuming that by shifting the adjudicating ministry to I&B, there may be going to be regulation. There may be nowhere that the ministry has ever stated that they plan to usher in any type of regulation. They’ve additionally been supportive of content material variety,” Katial stated whereas talking at a FICCI occasion on Wednesday.

Earlier this month, the federal government introduced OTT platforms like Netflix, Amazon Prime Video, Disney+Hotstar underneath the Ministry of Info and Broadcasting by amending the foundations of enterprise allocation. Although this doesn’t suggest that digital content material will now be regulated by the I&B ministry as is the case with movies launched in theatres and TV programmes, it’s now empowered to attract up guidelines on this regard.

The self-regulation code issued by the IAMAI had mandated every OCCP (on-line curated content material supplier) to set-up a Client Complaints Division and/or an inner committee in addition to an advisory panel to take care of complaints, appeals and escalations. Nonetheless, the federal government was not happy and had directed IAMAI to contemplate different regulatory fashions. The federal government was of the view that the code lacked impartial third-party monitoring. Apart from, it doesn’t have a well-defined code of ethics and fails to enunciate prohibited content material adequately.

The IAMAI was suggested to take cue from the constructions of the Broadcasting Content material Complaints Council (BCCC) and Information Broadcasting Requirements Authority (NBSA). “If the federal government is happy that the trade in itself has a very good self-regulation code, their place in courts turns into that rather more tenable,” Katial stated.

In distinction to OTTs, films which might be launched in theatres are underneath regulation and have to have a certificates from the Central Board of Movie Certification underneath the Cinematograph Act, 1952. Equally, TV serials and so on are ruled underneath the Cable Tv Community (Regulation) Act, 1995, which lays down a programming code by the use of dos and dont’s.

India Education Diary |

I Believe #ArtMatters Fundraising Gala: An appeal to support India’s artistes & preserve its artistic heritage

The COVID-19 pandemic has changed our lives irrevocably and the art and cultural sectors continue to face its devastating consequences. As a part of Teamwork’s ongoing advocacy and fundraising initiative for artistes, #ArtMatters is producing a fundraising gala by the artistes, for the artistes called, I Believe #ArtMatters that will help raise resources and provide the much needed support for India’s artistes and artisans, as well as celebrate their craft and tradition by highlighting their stories.

As a precursor to the showcase, Teamwork Fine Arts Society hosted a virtual press meet with a panel comprising some of India’s most celebrated artistes, and representatives from leading corporates and organisations in the industry. The media was addressed by Sanjoy K. Roy, Managing Director of Teamwork Arts. The esteemed panel was graced by the Secretary-General of FICCI, Dilip Chenoy; COO – Live Entertainment at BookMyShow, Albert Almeida; violin virtuoso Dr. L. Subramaniam; celebrated playback singer, Kavita Krishnamurthi; leading Indian actor & director, Lillete Dubey; renowned Kathak Dancer & choreographer, Aditi Mangaldas; Indian music composer & playback singer, Shekhar Ravjiani and multi-genre vocal ensemble Shillong Chamber Choir. During the conversation, the panel focused on a wide spectrum of artistes, art-based organisations and collectives in the country, and the need for large-scale financial and policy support in the cultural sector to ensure the survival of the artistes and their craft. The panel also appealed to the masses to donate and extend a helping hand.

The star-studded gala will feature 70 performances by over 450 artists and will be broadcast on 4th October, 2020 on Teamwork Arts’ Facebook Page, YouTube Page and on BookMyShow.

Sharing his thoughts on the initiative, Sanjoy K Roy, Managing Director, Teamwork Arts said, “As a part of the larger advocacy & fund-raising program for artists and artisans ‘I Believe #Artmatters’ has created a platform for artists to experiment, collaborate and create work in these difficult times and help raise much-needed resources for those in distress. We at #ArtMatters along with the entire artist community, appeal to each of you to donate and share their support.”

Talking about the current situation of the Indian art sector, Dilip Chenoy, Secretary-General of FICCI said, “The pandemic has impacted Indian creative and cultural sector. As per recent reports 41% of the creative sector has had to stop functioning during lockdown period. FICCI, Indian Industry and I Believe #ArtMatters, and we need to support artists and artisans in their time of need.

Commenting on the initiative, Albert Almeida, COO – Live Entertainment, BookMyShow said, “We feel honoured to join Teamwork Fine Arts Society in its endeavour to uplift the artist community in India. With ‘I Believe #ArtMatters’, we want to offer our total support to a community that has been severely impacted by the pandemic. These artists across the spectrum of the arts have enriched our lives over the years and it’s our time to give back. We urge audiences to pledge their support and donate generously. At BookMyShow, we root for and stand by the artist community in these difficult times and hope to bring their magic back to life soonest!”

The gala will witness some new and exciting collaborations. Eminent music director, composer and singer, Shekhar Ravjiani and the internationally acclaimed choir group, Shillong Chamber Choir, along with the multi-talented screenplay writer, story writer, lyricist and film director, Anvita Dutt will be collaborating for the first time on a brand-new composition for I Believe #ArtMatters.

Trayam, a music ensemble made up of classical musicians B. C. Manjunath, Praveen D. Rao and Varijashree Venugopal, will debut their track, 23, in collaboration with acclaimed musician, Pramath Kiran, on the I Believe #ArtMatters virtual stage. Individually and as a collective, the trio of Trayam have won numerous awards and have recorded with a range of musicians.
Legendary Indian composer, singer-songwriter, music producer and philanthropist, A. R. Rahman will perform with The Sunshine Orchestra, a symphony orchestra spearheaded by the A.R Rahman Foundation, which is dedicated to life skill development of children from economically underserved sections of the society through music education.

The “Paganini of Indian classical music”, Dr. L. Subramaniam and the much-loved and feted playback singer, Kavita Krishnamurthi, will also come together for a special collaboration, and appeal to the masses to donate and support the arts community.

The Grammy award-winning percussionist, Pandit Vikku Vinayakram, along with his exceptionally talented sons, V. Selvaganesh and V. Umashankar, and grandson Swaminathan will showcase their musical prowess with a breath-taking performance as 3G. 3G is a celebration of Indian classical music with deep roots in Indian culture in which, three generations of a gifted family perform together as a testimony to their unmatched musical dedication. V. Selvaganesh will also collaborate with ace percussionist Sivamani, on I Believe #ArtMatters

An initiative by the Teamwork Fine Arts Society- a not-for-profit organisation that is committed to the cause of promoting and preserving art, literature and craft- #ArtMatters is a platform that is working towards creating awareness about the current reality of various artistes across India and developing support channels for them. Since its inception in April, over 100 artistes have participated in the #ArtMatters campaign through video appeals and testimonials. It has also partnered with UNESCO (The United Nations Educational, Scientific and Cultural Organization), FICCI (Federation of Indian Chambers of Commerce & Industry) and ICCR (Indian Council for Cultural Relations). #ArtMatters has partnered with organisations across the country such as Rajasthan Josh SidharVikasSansthan, which is raising resources for families of folk musicians in a village in Jaisalmer, the Brahmaputra Cultural Foundation, which is helping artistes and their families in Assam, and the Vimor Handloom Foundation, which is working with weavers across the country. The Mumbai- based NGO Vision Rescue’s Artists for Artists is an initiative that is run by artists, for artists across the city, Artists for Artists is currently working with over 1800 artists in Mumbai.

#ArtMatters has also joined hands with various industry leaders including Raw Mango and Aditi Mangaldas for a series of short films by Aditi Mangaldas titled, ‘Within…from Within’, as well as Ojas Arts, for an innovative virtual exhibition of over 100 indigenous works of art.

India Today |

The pandemic has dealt a fatal blow to the single-screen theatres that were already doddering

Single-screen theatres were struggling even before Covid appeared on the scene. As per the FICCI-EY report on India’s Media and Entertainment sector published in March, the revenue of single-screen theatres, down from 6,651 to 6,327 in numbers, fell from Rs 6,000 crore in 2018 to Rs 5,300 crore in 2019. “The decline was fuelled by the continuing shutdown of single screens, primarily in the Hindi heartland, as films continued to be created for upper class/ multiplex audiences,” it noted. The subsequent lockdown has come as the climactic punch. With cinemas still shut, members of the film industry have taken to tweeting with hashtags like #SupportMovieTheatres #SaveCinemaSaveJobs.

Multiplexes aren’t faring any better. PVR Cinemas has terminated service contracts with the housekeeping and security agencies and reduced salaries of its 6,300 workforce. “It’s a tough situation. We have received no support, whether in the form of loans from banks, subsidies or help to take care of our staff salaries,” says Gautam Dutta, CEO, PVR Cinemas. “We don’t see why the exhibition sector is not being allowed to open when metros and restaurants have been.” Multiplexes, says Dutta, contribute 70 to 75 per cent to a film’s theatrical revenue. The cinema exhibition industry is estimated to have lost Rs 9,000 crore since March 14 when cinemas were ordered to close. Livelihoods of around 2 million people, in single screen and multiplexes combined, is at stake with a sizeable section employed contractually. The Cinema Owners and Exhibitors’ Association of India has suggested that nearly half of India’s single-screen theatres will have to shut shop if cinemas aren’t allowed to reopen soon. The closure projects a bleak outlook for the film industry where theatres accounted for Rs 11,500 crore of revenue in 2019, much higher than digital (Rs 2,210 crore) and TV satellite (Rs 1,900 crore) rights.

More worrying for theatre owners is the surge in the subscription of OTT platforms and producers forsaking theatrical releases for digital premieres. Moreover, now the dwindling number of single screens will make the big-screen experience even more of a luxury than it already is in the cities.

Sharad Doshi, 62
Partner, Central Plaza
theatre, Mumbai

Mumbai’s Central Plaza theatre, an 84-year-old institution, finally ceased operations on August 8. The decision came after owners were unable to meet the maintenance fees and staff salaries and had no relief from state on property taxes and water and electricity bills. Around 80 employees were let go. “How much can you dig into your own pocket?” says Sharad Doshi, owner. Also vice-president of the Cinema Owners and Exhibitors’ Association of India, Doshi now faces another conundrum. As per the Mumbai Development Control and Promotion Regulations of 2018, if a cinema closes, the new business in its place must accommodate a theatre and retain at least 33 per cent of seats from the old layout. “Neither do they want to help us nor do they want us to go away,” says Doshi. “Despite repeated requests to the state government, nothing has happened.”

Forbes |

eSports and Digital Gaming: A quest for young Indians to dominate the global stage

In his ‘Mann Ki Baat’ address to the nation on August 30, Prime Minister Narendra Modi devoted a lot of time on India becoming self-reliant in the areas of manufacturing toys. He also touched upon indigenous gaming applications as an area where Indian firms can be make it big.

This is a big moment for the online gaming industry in India. In India, the industry started developing at the turn of the century, but the real popularity has come in only in the last five years with cheap mobile data and smartphone penetration being the prime driver of the industry’s growth.

From less than ten firms in 2016, India today has more than 140 companies in the area of digital gaming and eSports. The number of users has also gone up from 2 million in 2016 to more than 90 million now. In fact a third of these users play on multiple platforms. The online gaming segment grew 40% in 2019 to reach INR65 billion and is expected to reach INR187 billion by 2022 at a CAGR of 43% states a FICCI- EY report on media and entertainment industry.

eSports competition and games were identified as major areas of growth for the industry and a new trend to watch out for in the same . Indian firms like Mobile Premier League (MPL) have been at the forefront of organizing such nationwide tournaments. VS Rathnavel, a young chess prodigy who earned his Grand Master norm at the tender age of ten, was one of the beneficiaries of one such MPL tournament. Struggling to raise sponsorship money, he won 253 chess games in an online tournament in twelve hours and won five lakhs in prize money. He was later awarded an eSports scholarship by MPL to allow him to participate in international tournaments and get adequate coaching.

User generated gaming is another big area. Several developers are creating their own games and using platforms like PaytmFirstGames, Winzo and MPL to host these games. These platforms provide all the utility functions of bringing in users, deal with financial transactions and connects gamers playing against each other. The developers get a share of the spoils, thus monetizing their coding talent. This can be a great model for unearthing India’s technology talent in the gaming space.

Ashish Daga of Psypher Interactive has worked with MPL since the platform’s inception. He says – “For Indie studios like us, it’s overwhelming to such trust and support from the MPL team. For someone like us, we know how to make amazing games but to market that’s a different ball game altogether that we need to master but in the meantime, platforms, such as MPL help us grow and understand the mass audience.”

Sani Trivedei of Artoon Solutions echoes Daga’s views – “As a game developer you will not be able to spend a lot of money in marketing or IP. It reduces efforts of game developers specially they don't need to worry about app marketing.”

Global technology giants like Apple, Google, Microsoft and Nvidia have all created their rich-graphics based cloud gaming experiences, which provide users real life experience of competing against other players. Sooner than later, this trend will also touch the Indian market. In India, there are two specific trends to watch out for – gaming content on mobile phone over PC as well as the use of gamification for purposes like education, promoting social welfare and social causes like healthcare and financial inclusion.

In India, gamers are getting more active. As per the FICCI – EY report, 76% of the users played one to two times a day regularly, spending 28 minutes on an average per day on gaming. 46% of the users had played multi-user games while 35% had played fantasy sports. Action and strategy (61%), casual games (47%), puzzles (44%) and racing (41%) remain the most popular genre.

An interesting trend in India is the possibility of monetization. 15% of the users were willing to pay to play games in 2019, up from 10% in 2018. Similarly 74% of the users were willing to watch ads in lieu of paying up from 70% in the previous year. This increases the options for the game developers as well as the platforms to adopt different monetization strategies for different types of individuals. This decision can well be made using data of the gamers or developers available on the platform itself. Saswat Mishra of Smashhead Studios talks about his experience – “Releasing games for the Indian market is a difficult task as the return of investment on games is quite unpredictable but with MPL's revenue model its a win-win-win for the publisher, developer, and the user. The revenue generation is also faster with people making more transactions than before.”

Gaming platforms who use this data backed approach to engage their users online as well as in the offline world are likely to succeed in the times to comes. Various reports have estimated a market potential of $1-billion by 2021 and $4-billion by 2025 in this space. There is ample room for multiple platforms to grow and participate in these spoils. Platforms which provide a professional experience and Indianize their approach and content are likely to outsmart others over a period of time. Take MPL for example, which launched Rogue Heist on its platform, India’s first indigenous shooter game. Developed by LifeLike Studios based out of Mumbai, the game is India’s answer to PubG, recently in the news for its Chinese antecedents and now banned by the Government of India.

Engaging gaming developers is a key part of this differentiation. Discovery of standalone gaming apps on App Store or Play Store is never easy. But working through a large gaming-specific platform like MPL can be quite rewarding for developers. This is likely to increase the number of Indian studios focusing on the skill, strategy and aesthetic part of their games, leaving the problem of scaling and discovery to the larger platforms.

Indian gaming firms have pulled in almost $450-million in funding in the last six years. This can be the new sunrise industry in the Aatmanirbhar Bharat, where best Indian brains come together as developers, visual designers and platforms to trigger the rise of Indian firms as global leader in fantasy and eSports.

Udaipur Kiran |

Mr. Annanya Agarwal, President, Vedanta Sports reiterated the Vision of Sports Development across the country during FICCI FRAMES-LEAP 2020

After the success of the Zinc Football Academy in Zawar, Vedanta is looking to expand the reach of its football programme to Odisha and other parts of the country, Annanya Agarwal, President, Vedanta Sports said. Speaking at the FICCI Frames-LEAP 2020 on the topic ‘Transforming through sports education’, Annanya highlighted the Group’s vision of positive transformation in sports through quality grassroots training programs across the country, and said, “We are extremely happy with the success that our grassroots football development model has seen in Udaipur and Goa, and are looking at Odisha next to run a football excellence programme there.”

Vedanta has made considerable investments focusing firmly on the development of grassroots football and the state-of-the-art academies in Goa and Rajasthan embody Vedanta’s commitment to the cause of Indian football. The Hindustan Zinc-run Zinc Football in Udaipur and Vedanta Sesa Goa Iron Ore’s Sesa Football Academy in Goa are operating successfully and churning out quality footballers.

“We aim to continue this journey towards development of sports and contribute towards the larger goal of transforming sports in the country. Our robust community engagement plan through sports initiatives reaches out to all sections of society”, said Annanya, addressing the digital event.

Speaking on the importance of sports education for children, Annanya said, “I am very happy to see the growing importance of sports in the Indian education system. Sports can indeed be transformative – the values that it helps inculcate and the teachings it can imbibe are unparalleled and is extremely beneficial for the holistic development of an individual.”

“At Vedanta, we provide a holistic mix of education – equal emphasis on traditional textbook learning, modern hands-on learning and football training”, he added.

During his talk, Annanya also emphasized on the focus on women’s football. “One of our biggest focus areas is women’s football and empowerment of women in our communities. With initiatives such as the Vedanta Women’s Football League in Goa, we aim to grow women’s football in the country and eventually give every girl child an opportunity to express themselves using football as a medium.”

FICCI FRAMES-LEAP (Learn, Educate, Apply, Progress) is the world’s first & largest online conference on Education and Skilling in Media & Entertainment sector, with a view to anchor discussions around formalising the Media and Entertainment curriculum in the education system & making future ready Media & Entertainment professionals.

“I must complement the government for its steps in encouraging sports education and the focus on promoting sports at the grassroots with programmes like Khelo India. Parents need to be convinced that sports is a career option for their children”, concluded Annanya.

Everything Experiential |

Vedanta to expand Grassroots football Development program across the country

After the massive success of Sesa Football Academy at Goa since its inception in 1999, Vedanta aims to expand the reach of grassroot football development program to Odisha and other parts of the country. Vedanta recently launched Zinc Football Academy at Zawar, Rajasthan reaching out to aspiring footballers across the state. Annanya Agarwal, President, Vedanta Sports announced the Group’s vision of positive transformation in sports through quality grassroots training programs across the country, at FICCI FRAMES-LEAP 2020.

Addressing the forum at FICCI’s virtual event on ‘Transformation through Sports Education’, Annanya Agarwal said, “We are extremely happy with the huge success of our grassroots football development models at Goa and Rajasthan. We aim to continue this journey towards development of sports and contribute towards the larger goal of transforming sports in the country. Our robust community engagement plan through sports initiatives reaches out to all sections of society. Vedanta Women's League is a one of its kind platform launched at Goa, and we also have plans to expand it further at a national level." He also added "I am very happy to see the growing importance of sports in the Indian education system. Sports can indeed be transformative – the values that it helps inculcate and the teachings it can imbibe are unparalleled and is extremely beneficial for the holistic development of an individual.”

Vedanta has made considerable investments focusing firmly on the development of grassroots football through the state-of-art academies in Goa and Rajasthan in line with Vedanta’s commitment to the cause of contributing towards taking Indian football to next level. Vedanta Sesa Goa Iron Ore’s Sesa Football Academy in Goa and Hindustan Zinc-run Zinc Football in Udaipur are operating successfully and churning out quality footballers.

FICCI FRAMES-LEAP (Learn, Educate, Apply, Progress) is the world’s first & largest online conference on Education and Skilling in Media & Entertainment sector, with a view to anchor discussions around formalising the Media and Entertainment curriculum in the education system & making future ready Media & Entertainment professionals.

Best Media Info |

M&E sector is the largest driver of growth for the Indian economy: Amit Khare

Amit Khare, Secretary, Higher Education, Ministry of Education and Secretary, Ministry of I&B, Govt of India, said, “Media and entertainment sector is the largest driver of growth for the Indian economy. Skill-based education in this sector will open up newer avenues and create employment opportunities for the youth.”

Addressing the inaugural session of ‘FICCI Frames-Leap’, Khare said, the artificial distinction created between skills and education must be converted into multidisciplinary holistic education. The National Education Policy, he said, will focus on teaching and learning and not on degrees. “Without a skilled workforce, no community will prosper, and no industry will thrive,” he added.

He further mentioned that the success of the Media and Entertainment industry lies in identifying and promoting local talents. “While the COVID-19 outbreak and the resultant lockdown plunged the sector into a crisis, it also opened opportunities for small budget movies through the OTT platforms,” Khare said.

Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, GoI said that media and entertainment industry has tremendous potential to contribute to the growth of the Indian economy. It can generate direct and indirect employment opportunities for students.

“The National Education Policy delivers equal importance to performing arts, which will provide a new thrust to the education scenario in the country and give the media and entertainment industry its due importance,” Tiwari said.

Daily Hunt |

The Media and Entertainment industry provides on the job training and there's a huge demand for skilled professionals', says Subhash Ghai

Mr Amit Khare, Secretary, Higher Education, Ministry of Education & Secretary, Ministry of I&B, Govt of India today said, 'Media and entertainment sector is the largest driver of growth for the Indian economy. Skill-based education in this sector will open up newer avenues and create employment opportunities for the youth.'Addressing the inaugural session of 'FICCI FRAMES-LEAP', Mr Khare said, the artificial distinction created between skills and education, must be converted into multidisciplinary holistic education.

The National Education Policy, he said, will focus on teaching and learning and not on degrees. 'Without a skilled workforce, no community will prosper, and no industry will thrive,' he added.He further mentioned that the success of the Media and Entertainment industry lies in identifying and promoting local talents. 'While the COVID-19 outbreak and the resultant lockdown plunged the sector into a crisis, it also opened opportunities for small budget movies through the OTT platforms,' Mr Khare said.

Mr Inder Singh Parmar, Minister of State for School Education (IC), Govt of Madhya Pradesh said that education and skill both go hand in hand and job-focused skilling is the need of the hour. 'Madhya Pradesh is a significant contributor in the skill industry and the National Education Policy will provide newer avenues for students especially in the media and entertainment industry,' he added.Mr Parmar said that implementing skill development at the school level will help in identifying talents at an early age. 'The government schools need support from industries to adopt newer technologies which could transform learning and make them on par with private schools,' he said.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, GoI said that media & entertainment industry has tremendous potential to contribute to the growth of the Indian economy. If can generate direct and indirect employment opportunities for the students. 'The National Education Policy delivers equal importance to performing arts, which will provide a new thrust to the education scenario in the country and give the media and entertainment industry its due importance,' he noted. Ms TCA Kalyani, Managing Director, NFDC, GoI said, 'We are in process of approving the proposal for the champion services sector where incentives will be provided for co-produced films in India and foreign films shot in India.' Speaking on skill development, she said, 'NDFC has been organizing technical workshops in schools in south India and multimedia training is being provided to children with special needs as well. We are trying to explore wider opportunities for students in the media and entertainment sector.'

Mr Subhash Ghai, Founder & Chairman, Whistling Woods International, said that the National Education Policy has given a new breather to the country's education system. The media and entertainment industry, he said provides on the job training and there's a huge demand for skilled professionals. He further mentioned that the need of the hour is to identify local talents and promote local stories of India and thinking beyond the obvious is the key to succeed in this industry.Dr Ashish Kulkarni, Founder, Punnaryug Artvision Pvt Ltd, said, 'The new education policy will make India a global leader but there's a need for innovative courses in the rural area as the basic inputs of skills comes from rural India.'Mr Dilip Chenoy, Secretary General FICCI, delivered the vote of thanks.

bolly.com |

The Media and Entertainment industry provides on the job training and there's a huge demand for skilled professionals', says Subhash Ghai

Mr Amit Khare, Secretary, Higher Education, Ministry of Education & Secretary, Ministry of I&B, Govt of India today said, “Media and entertainment sector is the largest driver of growth for the Indian economy. Skill-based education in this sector will open up newer avenues and create employment opportunities for the youth.”Addressing the inaugural session of ‘FICCI FRAMES-LEAP’, Mr Khare said, the artificial distinction created between skills and education, must be converted into multidisciplinary holistic education.

The National Education Policy, he said, will focus on teaching and learning and not on degrees. “Without a skilled workforce, no community will prosper, and no industry will thrive,” he added.He further mentioned that the success of the Media and Entertainment industry lies in identifying and promoting local talents. “While the COVID-19 outbreak and the resultant lockdown plunged the sector into a crisis, it also opened opportunities for small budget movies through the OTT platforms,” Mr Khare said.

Mr Inder Singh Parmar, Minister of State for School Education (IC), Govt of Madhya Pradesh said that education and skill both go hand in hand and job-focused skilling is the need of the hour. “Madhya Pradesh is a significant contributor in the skill industry and the National Education Policy will provide newer avenues for students especially in the media and entertainment industry,” he added.Mr Parmar said that implementing skill development at the school level will help in identifying talents at an early age. “The government schools need support from industries to adopt newer technologies which could transform learning and make them on par with private schools,” he said.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, GoI said that media & entertainment industry has tremendous potential to contribute to the growth of the Indian economy. If can generate direct and indirect employment opportunities for the students. “The National Education Policy delivers equal importance to performing arts, which will provide a new thrust to the education scenario in the country and give the media and entertainment industry its due importance,” he noted. Ms TCA Kalyani, Managing Director, NFDC, GoI said, “We are in process of approving the proposal for the champion services sector where incentives will be provided for co-produced films in India and foreign films shot in India.” Speaking on skill development, she said, “NDFC has been organizing technical workshops in schools in south India and multimedia training is being provided to children with special needs as well. We are trying to explore wider opportunities for students in the media and entertainment sector.”

Mr Subhash Ghai, Founder & Chairman, Whistling Woods International, said that the National Education Policy has given a new breather to the country’s education system. The media and entertainment industry, he said provides on the job training and there’s a huge demand for skilled professionals. He further mentioned that the need of the hour is to identify local talents and promote local stories of India and thinking beyond the obvious is the key to succeed in this industry.Dr Ashish Kulkarni, Founder, Punnaryug Artvision Pvt Ltd, said, “The new education policy will make India a global leader but there’s a need for innovative courses in the rural area as the basic inputs of skills comes from rural India.”Mr Dilip Chenoy, Secretary General FICCI, delivered the vote of thanks.

Spirit of Mumbai |

Media and Entertainment a sunrise sector, skill-based education to create more jobs: Amit Khare

Mr Amit Khare, Secretary, Higher Education, Ministry of Education & Secretary, Ministry of I&B, Govt of India today said, “Media and entertainment sector is the largest driver of growth for the Indian economy. Skill-based education in this sector will open up newer avenues and create employment opportunities for the youth.”

Addressing the inaugural session of ‘FICCI FRAMES-LEAP’, Mr Khare said, the artificial distinction created between skills and education, must be converted into multidisciplinary holistic education. The National Education Policy, he said, will focus on teaching and learning and not on degrees. “Without a skilled workforce, no community will prosper, and no industry will thrive,” he added.
He further mentioned that the success of the Media and Entertainment industry lies in identifying and promoting local talents. “While the COVID-19 outbreak and the resultant lockdown plunged the sector into a crisis, it also opened opportunities for small budget movies through the OTT platforms,” Mr Khare said.

Mr Inder Singh Parmar, Minister of State for School Education (IC), Govt of Madhya Pradesh said that education and skill both go hand in hand and job-focused skilling is the need of the hour. “Madhya Pradesh is a significant contributor in the skill industry and the National Education Policy will provide newer avenues for students especially in the media and entertainment industry,” he added.

Mr Parmar said that implementing skill development at the school level will help in identifying talents at an early age. "The government schools need support from industries to adopt newer technologies which could transform learning and make them on par with private schools," he said.
Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, GoI said that media & entertainment industry has tremendous potential to contribute to the growth of the Indian economy. If can generate direct and indirect employment opportunities for the students. “The National Education Policy delivers equal importance to performing arts, which will provide a new thrust to the education scenario in the country and give the media and entertainment industry its due importance,” he noted.

Ms TCA Kalyani, Managing Director, NFDC, GoI said, “We are in process of approving the proposal for the champion services sector where incentives will be provided for co-produced films in India and foreign films shot in India." Speaking on skill development, she said, “NDFC has been organizing technical workshops in schools in south India and multimedia training is being provided to children with special needs as well. We are trying to explore wider opportunities for students in the media and entertainment sector.”

Mr Subhash Ghai, Founder & Chairman, Whistling Woods International, said that the National Education Policy has given a new breather to the country’s education system. The media and entertainment industry, he said provides on the job training and there's a huge demand for skilled professionals. He further mentioned that the need of the hour is to identify local talents and promote local stories of India and thinking beyond the obvious is the key to succeed in this industry.

Dr Ashish Kulkarni, Founder, Punnaryug Artvision Pvt Ltd, said, “The new education policy will make India a global leader but there's a need for innovative courses in the rural area as the basic inputs of skills comes from rural India.”

Mr Dilip Chenoy, Secretary General FICCI, delivered the vote of thanks.

The webinar was moderated by Mr Sabbas Joseph, Co-Founder-Director, Wizcraft International.

Animation Xpress |

'Ludo King' adds in-game voice chat and share e-greetings features

Gametion Technologies, Indian developer of gaming app, Ludo King, Carrom King, Sudoku, introduced two important updates to engage users and enhance the gaming experience

Gametion brought these updates to enhance the user experience and provide seamless gaming experience. The live voice chat facility allows players to communicate as they play online with co-players, family, friends and enhance the gaming experience

The voice chat feature empowers the users to interact with co-players across locations by speaking providing a seamless user interface. The Voice Chat feature -update comes after weeks in development with features that had been highly anticipated by players.

Second, Gametion introduced the Greetings feature enabling users to compliment family, friends and co-players with greetings and bond better

Gametion Technologies founder and creator of Ludo King Vikash Jaiswal shares, “We are excited to announce this update for Ludo King. Our aim is to enhance the gaming experience for higher engagement for our 18 Cr users We are confident this features will help users to connect with co-players and up the gaming experience .We have bene working on this feature since long are confident the users will cherish the experience with Voice Chat.”

Ludo King records over 470 million downloads, the first Indian App to cross 100 million downloads on Google Play. currently it has 180 million (18 crore) monthly users who play the game for an average of 50 minutes a day. Ludo King has also won the best mobile and tablet game in the Arcade/Casual (International) category at 19th FICCI Frames Best Animated (BAF) award.

Telangana Today |

Reliance Games' 'World Robot Boxing 2' wins award at FICCI BAF Awards

Reliance Entertainment owned Reliance Games ‘World Robot Boxing 2 won the award in the mobile and tablet game (international) category at the Federation of Indian Chambers of Commerce and Industry BAF Awards.

The arcade-action robot boxing game is based on the 2011 Hollywood movie ‘Real Steel’ in which the game calls out the players to join the breed of the most advanced robots in their battle for supremacy.

Speaking about the development, Amit Khanduja, Chief Executive Officer, Reliance Entertainment- Digital, said, “With more than 200 million fans of robot boxing games, it was never a matter of ‘how’, but ‘when’ we were going to release the next version of the best robot boxing game for mobile.”

“We wanted to take a leap forward in game play and provide social competitive features like PvP and Alliance for our players. The biggest question we wanted to pose to our players was: robot boxing has evolved. Have you?”

Shibasish Sarkar, Group CEO of Reliance Entertainment dedicated the award to his team’s relentless hard work and extraordinary vision. “The Reliance Games Team has pushed boundaries with ‘World Robot Boxing 2′ and has shown that imagination has no limits. We are really happy to have our work awarded by FICCI.”

‘World Robot Boxing 2’ is super fun to play; unleash a pantheon of robot boxing champions and train them to new heights as you enter the ultimate contest. The game is free to download on the Android and IOS stores.

Bhaskar Live |

Reliance Games' 'World Robot Boxing' wins award at FICCI BAF Awards 2020

Reliance Entertainment owned Reliance Games ‘World Robot Boxing 2 won the award in the mobile and tablet game (international) category at the Federation of Indian Chambers of Commerce and Industry BAF Awards.

The arcade-action robot boxing game is based on the 2011 Hollywood movie ‘Real Steel’ in which the game calls out the players to join the breed of the most advanced robots in their battle for supremacy.

Speaking about the development, Amit Khanduja, Chief Executive Officer, Reliance Entertainment- Digital, said, “With more than 200 million fans of robot boxing games, it was never a matter of ‘how’, but ‘when’ we were going to release the next version of the best robot boxing game for mobile.”

“We wanted to take a leap forward in game play and provide social competitive features like PvP and Alliance for our players. The biggest question we wanted to pose to our players was: robot boxing has evolved. Have you?”

Shibasish Sarkar, Group CEO of Reliance Entertainment dedicated the award to his team’s relentless hard work and extraordinary vision. “The Reliance Games Team has pushed boundaries with ‘World Robot Boxing 2′ and has shown that imagination has no limits. We are really happy to have our work awarded by FICCI.”

‘World Robot Boxing 2’ is super fun to play; unleash a pantheon of robot boxing champions and train them to new heights as you enter the ultimate contest. The game is free to download on the Android and IOS stores.

Financial Express |

Covid-19: I&B secretary writes to MHA to consider reopening of cinemas from August 1

Information and Broadcasting secretary, Amit Khare, has written to the ministry of home affairs, requesting it to consider reopening cinema theatres from August 1. The home ministry is currently evaluating the proposal, and if it agrees, the theatres would be opened. FE has learned that the I&B secretary held a call with entertainment industry captains on Friday to discuss the proposal to reopen theatres with the requisite safety precautions and social distancing norms.

If the theatres are not able to reopen on August 1, the I&B ministry has suggested they do so latest by August 30.

The meeting included CEO of Star & Disney, K Madhavan, CEO of Amazon Prime, Gaurav Gandhi, NP Singh of Sony, Megha Tata from Discovery Network and Sam Balsara of Madison.

The I&B ministry has also suggested social distancing norms which would bring down capacity to 35%, which may not be viable from a business point of view. If theatres reopen, they will have to leave every alternate row vacant with one seat vacant between two seats. The ministry is of the view that normalcy will not return till cinema theatres reopen in India. The home ministry is expected to come up with a proposal in a week’s time. The current proposal is to leave every alternate seat and row vacant, which adds up to only 35% capacity being utilised. This, the industry believes, would be unviable as it would make it tough to recover costs.

India’s media and entertainment industry is expected to touch $33 billion in 2021, according to FICCI Frames report. Over the past few months since the lockdowns were imposed, several films have got released on OTT platforms.

Financial Express |

Broadcasters led OTT platforms bet big on original content

To cater to the Indian viewers’ varied entertainment needs, the ‘big four’ among the broadcaster-led OTT platforms in the country are investing heavily in creating original shows and adding features to their apps. They are also beginning to charge higher subscription prices for premium offerings.

The ongoing pandemic has resulted in a sharp rise in time spent on video streaming apps, strengthening the relevance of these apps in the lives of consumers. As per a BARC-Nielsen study, there was a 19% increase in the time spent on watching OTT originals during April and May compared to January 2020.

The latest streaming platform to reinvent itself has been SonyLIV. The platform has added three new originals to its content library and increased the price of its premium subscription packages from Rs 99 a month, Rs 499 per year, Rs 299 per month and Rs 999 per year. Zee5, too, has an annual fee of Rs 999, and a pocket-friendly fee of Rs 99 per month.

Meanwhile, Disney+ Hotstar plans to charge premium users Rs 2,089 for a year. However, an introductory discount of 58% gives users access to premium shows and movies at Rs 1,499.

In 2019, video subscription revenues grew 111% as per a FICCI-EY report. However, the percentage of paying subscribers is less than 5%, the report noted. Digital video subscription in India was Rs 2,820 crore, growing at a 30% CAGR.

“The demand for original shows has increased and the cost of creating these is rising too, but there are only a handful of production houses that can churn out that quality of content,” says Jehil Thakkar, partner, Deloitte India.

As per industry estimates, the cost of making one episode of an OTT original could range from Rs 50 lakh to Rs 2 crore. In the case of some tentpole series such as Sacred Games, it could be as high as Rs 3-4 crore per episode.

The latest trend of premiering movies on digital due to delays in theatrical releases is further expected to boost subscriptions for these platforms. Disney+ Hotstar has obtained the rights to screen seven movies direct-to-OTT, including Laxmmi Bomb, Bhuj and Sadak 2.

Estimates by Red Seer Consulting placed Disney+ Hotstar ahead of all OTT platforms with 30 crore monthly active users (MAUs) in 2019 while Zee5 had six crore MAUs. Although SonyLIV was not aggressive on the original content front until recently, the platform’s live sports portfolio is crucial, say experts.

Platforms are also stepping up their advertising driven business by offering a variety of avenues for brands to engage with the viewer. Zee5 has introduced HiPi, a short-video offering like TikTok. “Our ambition was to be more than a catch-up TV and original content platform. To this end, we have introduced music videos, gaming and are now focussing on UGC short-video format and news videos,” informs Rajneel Kumar, business head, expansion projects and global head of products, Zee5. Zee5 has built out a camera app with filters and pre-programmed music for HiPi.

Gourav Rakshit, COO, Viacom18 Digital Ventures, expects users to turn to their favourite OTT platforms for all kinds of video content, not just fiction shows. “We have observed that during the lockdown, people have been consuming instructional content on the platform including fitness, cooking or well-being related videos,” he says. As a result, the platform has struck partnerships with Cult.Fit, Isha Foundation and UpGrad in the last few months.

A self-serve advertising tool has become crucial to the growth of these platforms as it enables SMBs with small budgets to advertise on OTTs. Disney+ Hotstar and Zee5 have made their self-serve platforms public, while Voot may take longer to introduce the service to the public. FICCI-EY estimates suggest that SMB advertisers could have spent as much as Rs 8,750 crore on digital advertising in 2019.

Cinestaan |

Bombay Rose adjudged Best Animated Film at FICCI's Best Animated Frames awards

Bombay Rose won the Best Animated Film award at the Federation of Indian Chambers of Commerce and Industry (FICCI) Best Animated Frames (BAF) awards 2020.

Directed by Geetanjali Rao, the film has been produced by the Cinestaan Film Company, a sister company of Cinestaan Digital Private Limited, which runs this website.

At last year’s Mumbai Film Festival, Bombay Rose won the Silver Gateway award. At the same festival, the film shared the Manish Acharya award for New Voices in Indian Cinema with Achal Mishra’s Maithili-language film Gamak Ghar (2019).

Bombay Rose had its world premiere at the 76th edition of the Venice International Film Festival last August when it was chosen to be the opening film at the Critics Week, becoming the first Indian animation feature to be so honoured.

The film is set on the streets of Mumbai (formerly Bombay) and tells the story of a flower seller who has to choose between protecting the family and allowing herself to fall in love.
Speaking about Bombay Rose in an earlier interview with Cinestaan.com, Rao had said, “My films are about what I see around me, what I feel about it and what social context it lies in. So, naturally, all these ideas came together to make Bombay Rose a love and survival story about these people.”

CNBC TV18 |

Why eSports can be a beneficial all-weather activity

Universal lockdowns have disrupted people’s lives and livelihoods. But one form of entertainment—online gaming and eSports—has come as a blessing in disguise for housebound people. As per a FICCI and EY report on the country’s Media & Entertainment Sector, online gaming in India registered a rapid 40 percent growth in 2019-2020, generating Rs 65 million in revenues in 2019. The report estimated the total gamers in India at about 365 million. It is estimated that around a third of this growth shall be in the digital skill gaming and eSports sector of online gaming.

For the uninitiated, online gaming consists of a gamut of varied categories including fantasy, card games, digital skill gaming and eSports. In 2019, the online gaming sector contributed about Rs 9.8 million in total indirect taxes.

In 2020, the growth of eSports has been more robust thanks to the growing digital infrastructure. As people remain restricted within four walls 24x7, eSports has become the best means of engaging with friends and family. As per an AppsFlyer report, eSports apps also registered increasing revenues, particularly via casual games, growing by double-digits over the earlier weeks. Much like Chess and similar board games, eSports can be enjoyed from home.

Since many eSports tournaments typically involve a registration fee and a prize money component (the Fortnite World Cup in New York had prize money of $3 million for the winner), and because there is no list of such skill games released by state or national government, one runs the risk of falling afoul the Public Gambling Act of 1867. However, applying an 1800s law to an online sport is fraught with complication.

Significantly, games based on an element of skill are allowed to be played or offered even using real money, except in states such as Odisha, Telangana and Assam. But games based on chance are termed gambling and barred. Two problems emerge in such scenarios. First, how does one define ‘skill’? Second, states with separate laws ban what is legal pan-India. Therefore, uniform laws with clear-cut definitions are required to avoid unnecessary harassment of eSport employees. Incidentally, the Apex Court has recognised football, chess, rummy, golf, baseball and horse racing as games of skill.

Other beneficial aspects of eSports also need consideration, including the immense potential in offering opportunities for employment and entrepreneurship. Moreover, it is the only sport immune to lockdowns. Consequently, if an enabling environment is fostered for eSports, both investors and investments will be attracted to the industry. In turn, this will generate greater jobs growth, promoting the industry’s long-term viability.

As recent events indicate, the coronavirus pandemic may continue disrupting economies globally for the next year or so. With almost all sectors badly affected, government revenues are under severe strain. In such a scenario, eSports ensure gainful employment for thousands of people while generating revenues for the Central and state governments. In economies largely or frequently under lockdown, this can be a worthwhile proposition for varied stakeholders.

The Economic Times |

Regional markets crucial for media and entertainment industry: Deloitte-FICCI report

In FY2020, against the backdrop of a sluggish economy, the film industry has displayed resilience and is putting up a strong performance. The film industry is expected to post growth of around 15 percent in FY2020, and thereafter grow at a CAGR of 9 percent to reach Rs 29.9k crore in FY2024.

Deloitte India in collaboration with FICCI has released a report 'Economic impact of the film, television, and online video services (OVS) industry in India, 2019'. The report captures factors enabling high growth in creative industries, factors that could have a large role to play in creating a high-growth environment. It talks about policymakers and stakeholders who could consider the total impact created by the creative industries and note that growth (positive or negative) in these sectors is expected to produce a magnified impact on the economy through the multiplier effect.

The economic impact of the creative industries has been measured under three buckets:
  • Direct impact: The output that is produced and employment that is generated by companies that are directly engaged in the film, TV, and online video services industries.
  • Indirect impact: The output that is produced and employment that is generated by suppliers to the creative industries, as a result of economic activity by these creative industries. For instance, increased activity by the film sector will drive demand for hotels, transportation, cameras, etc., which will in turn generate economic output and employment.
  • Induced impact: The output that is produced and employment that is generated because of the consumption triggered by the direct and indirect employees above spending their wages.
India is the largest producer of movies in the world and has the largest DTH and the second-largest pay-TV subscriber base in the world. The film sector is expected to post a growth of about 20 percent in FY2020, and the OVS industry remains in strong investment mode.

Distributors offering additional services in India, the emergence of low-cost smartphones, coupled with low data charges, has resulted in mobile becoming a key medium for media consumption. Video consumption is expected to dominate data usage and entertainment is a large part of this video consumption.

The report added that in 2009, Bollywood represented 18 percent of all movies made in the country and accounted for 19 percent of the total movie revenue. Today, while Bollywood represents 21 percent of all movies made in the country, it accounts for 40 percent of the revenue. In 2019, Bollywood is estimated to have accounted for a first-ever net collection of about Rs 4,350 crore.

Regional markets continue to be important for the media industry. Regional films have continued to witness a surge in investments from major film studios. Regional filmmakers have developed the risk appetite in dealing with unrepresented topics, such as the Marathi movie "Bucket List"; or dealing with big projects, such as “Sye Raa Narasimha Reddy”, drawing inspiration from the success of “Baahubali 2”. This trend has seen further growth this year and regional cinema, in turn, has led to an increased contribution to the revenue in comparison to Bollywood. Hollywood/foreign films have also shown good growth, with “Avengers: Infinity War” and “Avengers: Endgame” proving to be very popular in India.

Television is the dominant mode of media consumption in India, and remains the country’s largest sub-sector within the broader M&E industry. The Indian TV industry’s size was about Rs 70k crore in FY2019. In FY2020, the presence of big-ticket events, including the Cricket World Cup and central government elections on the calendar had created expectations for strong advertising revenue growth.

The average time spent by Indian viewers on TV stood at two hours and 55 minutes per day. TV is the dominant media consumption mode, representing 58.7 percent of consumers’ total media consumption time. Digital is the second most popular medium, with an average time spent at one hour and 29 minutes per day, accounting for roughly 32 percent of total media consumption time.

TV advertising revenue is strongly correlated with economic growth and sentiment, it added. Growth in the Indian economy has been slowing down over several quarters, with GDP growth dropping to 4.5 percent in the quarter ended 30 September 2020. This represents a 26 quarter low for GDP growth. This has started reflecting in advertising revenues as companies in India are incorporating slower growth and lowering their ad spends. This is further compounded by challenges in several sectors, which are traditionally large TV advertisers.

The OVS industry in India was sized at about Rs 4.3k crore in FY2019. We expect the OVS industry to post growth of over 40 percent in FY2020, and thereafter grow at a CAGR of 30 percent during FY2020–24 to reach Rs 17.4k crore.

The Times of India |

Easy visa clearance has led to more foreign films being shot in India since 2016

During a virtual discussion, 'Economic Impact of the Media & Entertainment Sector: A Post-COVID-19 Lens & Way Forward', organised by FICCI Frames, TCA Kalyani, Joint Secretary (Films), Ministry of Information and Broadcasting, shared that foreign filmmakers have shown a great interest in filming in India in the past couple of years.

In the last couple of years. the Film Facilitation Office (FFO) has smoothened the permit process for international projects, which has helped more international filmmakers to shoot in India.

She pointed out that since June 2016, 76 international applications (for feature films, TV/web shows and series and reality shows) have been accorded permissions so far. She said, "Approximately $64 million has been spent in India in the production of these projects. Over 28,000 have been employed as cast (including extras/supporting cast) and crews." She added, "We've opened the doors for filming in India by easing the process. We're going to streamline the single-window clearance process."

India's film visa helped many filmmakers to shoot in the country

In 2017, the I&B Ministry consulted the Ministry of Home Affairs and the Ministry of External Affairs and introduced a special visa category for foreign filmmakers.

For shooting in India, foreign filmmakers have to get clearance from the I&B Ministry. But now quick visa clearance for foreign crews has become one of the reasons why more foreign filmmakers have come to shoot in India. The ministry officials coordinate with the Indian embassies abroad and help in getting the clearances faster.

Earlier, for foreign filmmakers, it used to take 5-6 months to get permission to shoot in India. Now that takes 3-4 weeks.

The digital way

Talking about the demand for digital medium, TCA Kalyani said, "The media and entertainment sector has been identified as the champion sector for the Indian economy. The pandemic has only sharpened the demand for what was increasingly visible - the digital medium. We have a huge capacity for consumption. The segment of OTT has grown phenomenally in India during the pandemic. The National Film Development Corporation of India (NFDC) recently organised a lockdown film festival which has got critical acclaim."

Filmy Story |

Siddharth Roy Kapur on Indian Entertainment Post Covid 19

One of many largest, oldest and the apex enterprise organizations in India is the Federation of Indian Chambers of Commerce and Trade, also called FICCI. Yearly since 2001, a conference known as FICCI Frames has been organised the place distinguished personalities from the Media and Leisure sector come collectively and conduct panel discussions on numerous subjects.

This yr, as a result of world pandemic of COVID-19, the group determined to host a digital conference known as E-Frames 2020. The occasion which commenced at the moment, noticed a variety of influential names from the Indian trade come collectively which included a valedictory session with Dr Sangita Reddy, President, FICCI; Mr Siddharth Roy Kapur, President, Producers Guild of India; Mr Piyush Goyal, Minister of Commerce and Trade and Railways; Mr D Suresh Babu, Telugu Movie Producer Distributor, Exhibitor and Studio Proprietor and Mr Dilip Chenoy, Secretary General, FICCI.
The notable personalities spoke on the very related matter within the present situation, Methods to put COVID-19 behind us: The Approach Ahead. The luminaries spoke about how the trade must adapt to the brand new regular and ensure that we come via this example with new learnings.

Mr. Piyush Goyal shared, “COVID has left a really vital influence on the movie enterprise and related segments. We must adapt to the brand new methods of working and emerge as an progressive and resilient sector. India can grow to be a worldwide chief within the movie trade. There is no such thing as a cause why we won’t produce good English movies. We will speak to the opposite nations to get advantages and take away bottlenecks confronted by the Indian movie trade. We should take a look at — Can India grow to be the supplier of creativity and promoting to the entire world. I’ll speak to the States to have a look at how we will shoot extra movies in India. FICCI and movie trade may assist us devise a mechanism for single-window clearance for taking pictures movies in India. If all of the stakeholders come collectively, we will absolutely make it a lot simpler to do enterprise in India.”

Mr. Siddharth Roy Kapur mentioned, “The viewership of TV channels and OTT platforms have gone up significantly and by any conceivable measure you may see that individuals wish to be entertained and that isn’t one thing {that a} world pandemic nevertheless dire can take away. So, in a approach we might be grateful that within the media and leisure enterprise, the solar won’t ever set.”

Authorities and trade leaders have been each eager for the way forward for the Indian Media and Leisure trade.

Film Beat |

FICCI Frames 2020: Siddharth Roy Kapur On Indian Entertainment Post COVID-19

One of the largest, oldest and the apex business organizations in India is the Federation of Indian Chambers of Commerce and Industry, also known as FICCI. Every year since 2001, a convention called FICCI Frames has been organised where prominent personalities from the Media and Entertainment sector come together and conduct panel discussions on various topics.

This year, due to the global pandemic of COVID-19, the organization decided to host a virtual convention called E-Frames 2020. The event which commenced today, saw a lot of influential names from the Indian industry come together which included a valedictory session with Dr Sangita Reddy, President, FICCI; Mr Siddharth Roy Kapur, President, Producers Guild of India; Mr Piyush Goyal, Minister of Commerce and Industry and Railways; Mr D Suresh Babu, Telugu Film Producer Distributor, Exhibitor and Studio Owner and Mr Dilip Chenoy, Secretary General, FICCI.

The notable personalities spoke on the very relevant topic in the current scenario, How to put COVID-19 behind us: The Way Forward. The luminaries spoke about how the industry will have to adapt to the new normal and make sure that we come through this situation with new learnings.

Mr. Piyush Goyal shared, "COVID has left a very significant impact on the film business and associated segments. We will have to adapt to the new ways of working and emerge as an innovative and resilient sector. India can become a global leader in the film industry. There is no reason why we can't produce good English films. We can talk to the other countries to get benefits and remove bottlenecks faced by the Indian film industry. We must look at -- Can India become the provider of creativity and advertising to the whole world. I will talk to the States to look at how we can shoot more films in India. FICCI and film industry could help us devise a mechanism for single-window clearance for shooting films in India. If all the stakeholders come together, we can surely make it much easier to do business in India."

Mr. Siddharth Roy Kapur said, "The viewership of TV channels and OTT platforms have gone up considerably and by any conceivable measure you can see that people want to be entertained and that is not something that a global pandemic however dire can take away. So, in a way we can be thankful that in the media and entertainment business, the sun will never set."

Government and industry leaders were both hopeful for the future of the Indian Media and Entertainment industry.

Box Office Worldwide |

Siddharth Roy Kapur along with government luminaries shares insights on Indian Entertainment Post COVID-19 at FICCI E-Frames 2020

One of the largest, oldest and the apex business organizations in India is the Federation of Indian Chambers of Commerce and Industry, also known as FICCI. Every year since 2001, a convention called FICCI Frames has been organised where prominent personalities from the Media and Entertainment sector come together and conduct panel discussions on various topics.

This year, due to the global pandemic of COVID-19, the organization decided to host a virtual convention called E-Frames 2020. The event which commenced today, saw a lot of influential names from the Indian industry come together which included a valedictory session with Dr Sangita Reddy, President, FICCI; Mr Siddharth Roy Kapur, President, Producers Guild of India; Mr Piyush Goyal, Minister of Commerce and Industry and Railways; Mr D Suresh Babu, Telugu Film Producer Distributor, Exhibitor and Studio Owner and Mr Dilip Chenoy, Secretary General, FICCI.

The notable personalities spoke on the very relevant topic in the current scenario, How to put COVID-19 behind us: The Way Forward. The luminaries spoke about how the industry will have to adapt to the new normal and make sure that we come through this situation with new learnings.

Mr. Piyush Goyal shared, “COVID has left a very significant impact on the film business and associated segments. We will have to adapt to the new ways of working and emerge as an innovative and resilient sector. India can become a global leader in the film industry. There is no reason why we can’t produce good English films. We can talk to the other countries to get benefits and remove bottlenecks faced by the Indian film industry. We must look at — Can India become the provider of creativity and advertising to the whole world. I will talk to the States to look at how we can shoot more films in India. FICCI and film industry could help us devise a mechanism for single-window clearance for shooting films in India. If all the stakeholders come together, we can surely make it much easier to do business in India.”

Mr. Siddharth Roy Kapur said, “The viewership of TV channels and OTT platforms have gone up considerably and by any conceivable measure you can see that people want to be entertained and that is not something that a global pandemic however dire can take away. So, in a way we can be thankful that in the media and entertainment business, the sun will never set.”

Government and industry leaders were both hopeful for the future of the Indian Media and Entertainment industry.

Business League |

Foreign filmmakers will be allowed to shoot in the country from a single window: Piyush Goyal

Minister of Commerce and Industry Piyush Goyal said on Saturday that the government will allow foreign film makers to approve shooting of foreign films in the country through a single window. The government is working towards starting this system. He also urged FICCI and other organizations to help formulate a mechanism in this regard.

Goyal said in the online discussion of ‘FICCI Frames 2020’ organized by the Film Board of FICCI (FICCI) on the film industry, ‘I would like you to think differently and bring innovation. We can involve everyone in this process, simplify the process with a single window and all the charges can be taken in one place. He said, ‘My ministry will be happy to do this together with the Ministry of Information and Broadcasting. We are doing this for other industries and would like to do the same for you.

Will talk to state governments to promote shooting of foreign films

Piyush Goyal said that he will talk to the state governments to promote shooting of foreign films in India, so that the producers come to India and shoot instead of going to any other foreign place. He said that this will also improve the tourism sector. Also, he stressed the need to bring more foreign companies to India.

Innovation and business structure will have to be redesigned

Goyal said about the self-reliant Bharat Yojana, that it is not about closing its doors, but about a situation full of strength and confidence from which we negotiate on equal terms. Regarding the challenges posed by the Kovid-19 epidemic, Goyal said that the world is adopting a new way of working and to stay ahead, industries will have to think differently, innovate and reshape the business structure.

Paper News Network |

FICCI Frames 2020: Siddharth Roy Kapur on Indian Entertainment Post COVID 19

One of the largest, oldest and the apex business organizations in India is the Federation of Indian Chambers of Commerce and Industry, also known as FICCI. Every year since 2001, a convention called FICCI Frames has been organised where prominent personalities from the Media and Entertainment sector come together and conduct panel discussions on various topics.

This year, due to the global pandemic of COVID-19, the organization decided to host a virtual convention called E-Frames 2020. The event which commenced today, saw a lot of influential names from the Indian industry come together which included a valedictory session with Dr Sangita Reddy, President, FICCI; Mr Siddharth Roy Kapur, President, Producers Guild of India; Mr Piyush Goyal, Minister of Commerce and Industry and Railways; Mr D Suresh Babu, Telugu Film Producer Distributor, Exhibitor and Studio Owner and Mr Dilip Chenoy, Secretary General, FICCI.

The notable personalities spoke on the very relevant topic in the current scenario, How to put COVID-19 behind us: The Way Forward. The luminaries spoke about how the industry will have to adapt to the new normal and make sure that we come through this situation with new learnings.

Mr. Piyush Goyal shared, “COVID has left a very significant impact on the film business and associated segments. We will have to adapt to the new ways of working and emerge as an innovative and resilient sector. India can become a global leader in the film industry. There is no reason why we can’t produce good English films. We can talk to the other countries to get benefits and remove bottlenecks faced by the Indian film industry. We must look at — Can India become the provider of creativity and advertising to the whole world. I will talk to the States to look at how we can shoot more films in India. FICCI and film industry could help us devise a mechanism for single-window clearance for shooting films in India. If all the stakeholders come together, we can surely make it much easier to do business in India.”

Mr. Siddharth Roy Kapur said, “The viewership of TV channels and OTT platforms have gone up considerably and by any conceivable measure you can see that people want to be entertained and that is not something that a global pandemic however dire can take away. So, in a way we can be thankful that in the media and entertainment business, the sun will never set.”

Government and industry leaders were both hopeful for the future of the Indian Media and Entertainment industry.

Daily Hunt |

FICCI Frames 2020: Commerce minister Piyush Goyal wants India to be global leader in cinema

The Federation of Indian Chambers of Commerce and Industry, popularly known by its abbreviation FICCI, has been organizing the FICCI Frames convention, where people from the media and entertainment industries come together to discuss important matters, since 2001.

This year, FICCI Frames is being held online because of the COVID-19 pandemic. Named E-Frames 2020, the five-day convention ended on Saturday 11 July.

At the event, Piyush Goyal, Union minister for commerce, industry and railways, spoke of India becoming a global leader in the film business. "There is no reason why we can't produce good English films," the minister said. "We can talk to other countries to get benefits and remove bottlenecks faced by the Indian film industry. We must look at - can India become the provider of creativity and advertising to the whole world?"

Goyal also spoke of creating a plan for single-window clearance to make films in India. "I will talk to the states to see how we can shoot more films in India," he said. "FICCI and the film industry could help us devise a mechanism for single-window clearance for shooting films in India. If all stakeholders come together, we can surely make it easier to do business in India."

Producer Siddharth Roy Kapur, also one of the speakers at the event, highlighted how indoor content has grown during the COVID-19 lockdown. "Viewership of TV channels and OTT platforms has gone up considerably and by any conceivable measure you can see that people want to be entertained and that is not something a global pandemic, however dire, can take away," he said. "So, in a way we can be thankful that in the media and entertainment business, the sun will never set."

The Indian Awaaz |

India can become a global leader in the film industry: Piyush Goyal

Addressing the FICCI Frames-2020, through virtual platform, he said, India will work with reciprocity, will engage from a position of strength and get a fair deal for the film industry.

Mr Goyal further said, India can become a global leader in the film industry. He said, government wants to to see the film industry emerge as a huge source of investment and capital coming into the country. The government also wants the industry to be truly innovative in the work they are doing and show to the world the best creative talent.

Quoting Prime Minister Narendra Modi, Mr. Goyal said, innovation is no longer a choice, but it has become an imperative. The Minister said, India will become Aatmanirbhar not by closing its doors, but by opening them.

The Week |

Film industry welcome to shoot at ASI sites permission to be granted within 15-20 days Minister

As part of the Aatmanirbhar Bharat Abhiyaan, Culture and Tourism Minister Prahlad Patel on Thursday asked the film industry to shoot at ASI-protected sites and assured them that they will get permission to do so within 15-20 days of filing their online applications.
"It would be difficult for the film industry to go to foreign destinations at this time, so we have suggested that they could go to the Northeast states," Patel said at a FICCI event here.
"It would also fulfil the PM's appeal to people to visit various places in the country. I told them we will give permission in 15 to 20 days. They just have to apply online. I have appealed that it would be great if other than the high footfall sites, they could also shoot at less popular monuments suggested by us to give them a boost as well," he said.
The Archaeological Survey of India (ASI) has over 3,000 monuments and sites that were reopened on July 6 after remaining shut during the coronavirus lockdown.
Currently, filming at ASI sites is permitted, but it involves a lot of paperwork and is time consuming, officials said.
"Since now the film industry cannot shoot abroad, the ministry will help in facilitating permissions from the states. If necessary we will coordinate with the Information and Technology ministry as well," the minister said.
"It should be our united effort to first travel within our own country. Nothing is as beautiful as India. I want people to know about our ancient culture. We need to promote our country and its sites," he added.
Presently, the request for filming/ video shoot along with camera crew is to be made by the applicant at least 15 days prior to the proposed date of shoot.

The Times of India |

From popular travel destinations to fashion trends, films dictate movie buffs' choices: Report

During the recently concluded FICCI Frames, a report was launched which also discussed how films set fashion trends not just in India, but across the world. The report states that after seeing movies, people follow a particular fashion trend or buy cars and even apply for particular kinds of jobs. Hence, films can be used as a medium to drive social and behavioural change in society and to sell products. The report says that with an explosion of films, TV and web shows, the consumers have become more fashion-conscious.

Films like 'Top Gun', 'Italian Job' led to high sales of aviators and cars

Citing examples, the report states that after the film 'Italian Job' (2003), the sale of Mini Cooper experienced a 22% increase. While after the release of 'Top Gun' (1986), in which Tom Cruise as a US Navy pilot wore Aviators, the sale of aviators increased by 40%. The US Navy also experienced a notable increase in pilot applications. Similarly, after the release of Scarlett Johansson and Bill Murray's 'Lost in Translation' (2003), Suntory whisky, the brand shown in the film, became an international brand.

'Mission Mangal', 'Student of The Year 2' collaborated with apparel brands As per the report, Bollywood strongly influences fashion in India and the outfit wore by an actor in a hit movie often trends for a longer period, and that's why in previous years, the fashion and merchandising industry collaborated with the films to promote their products. From an online fashion brand collaborating with 'Student of the Year 2' to another fashion brand launching 'Mission Mangal' collection, films have driven the popularity of such merchandise in India.

People decide where to travel after watching a movie

The report also pointed out that not just lifestyle choices, but people use films to decide where they want to travel.

Through data, the report cites that in the previous years, movie buffs went for a vacation to countries where films were shot. The tour operators and ambassadors of foreign countries have always pointed out how films act as a pied piper for tourists. For instance, according to Spain’s Tourism Board, in 2012, after the release of the movie 'Zindagi Na Milegi Dobara', the number of Indian tourists in the country jumped by 65%.The situation is the same across the globe as 'Eat Pray Love' attracted tourists to Bali while 'Sense of Sensibility' led to 39% growth in tourism in the UK.

Money Control |

Artist-first economy a utopia, Sonu Nigam says at FICCI Frames 2020

Digital platforms have opened a new avenue for creators of music, especially for independent artists. This was the common sentiment across the panelists at FICCI Frames 2020 while discussing the business of music in an artist-first economy.

But, singer Sonu Nigam said that it was not an artist-first economy and Bollywood was still prominent in music.

When composer and singer Shankar Mahadevan said that, in the last four to five years, there was a slight change happening and artists were making money without depending on Bollywood, Nigam refuted and said that the pay was very little on digital.

Reportedly, the pay per stream on music streaming services ranges between 20 paise to 40 paise. On YouTube, it is around Rs 70 per play, according to reports.

Mahadevan who has a spiritual channel on YouTube said that, while he was getting revenue on a quarterly basis, no major income was coming from digital. But, he reiterated that a new avenue had opened up.

Lyricist Prasoon Joshi agreed that the remuneration for artists on digital platforms was very small and said associations like Indian Singers Rights Association (ISRA), Indian Performing Rights Society (IPRS), and the sound recording society should build a conducive remuneration ecosystem.

When it comes to Bollywood, the pay of top singers including Arijit Singh, Neha Kakkar, Shreya Ghoshal ranges between Rs six lakh to Rs 20 lakh per song.

Challenges are many for artistes

Another challenge both Nigam and Mahadevan pointed out was the dominance of music labels. As per Nigam, it is difficult for independent artists to find a presence on music OTTs as most of the quota is taken by big music studios.

Mahadevan added to this and said that the music labels were the decision makers. He further said that each singer should be a music label of their own.

COVID-19: Tough time for musicians

Times are tough for musicians as an important revenue stream, live concerts are not happening due to coronavirus. Artistes at every level have been impacted because of no live events. From big Bollywood singers and composers who earn anywhere between Rs 60 lakh to Rs 1 crore per concert to smaller artistes who get upwards of Rs 30,000 depending on their popularity have been hit hard due to the pandemic.

Artistes are trying to stay connected with listeners through digital concerts but monetization remains a challenge.

Nigam pointed out his struggle. He said, “If I don’t perform in the next one year all my money will be gone in paying rent and salaries. So, how can we say it is an artist-first economy. It is a utopia.”​

Mangalore Mirror |

Shri Piyush Goyal addresses the valedictory session of FICCI Frames

The Union Minister of Commerce and Industry Shri Piyush Goyal today addressed the valedictory session of FICCI Frames, through virtual means. The Minister said that the Indian Film and Advertising Industries have the potential and talent to be global players. They can churn out quality products, win awards, and invite more investment and capital in the industry. He called upon the industry to grow beyond the national boundaries. The Minister also described Indian Ad-men as very creative, with many of them heading the international brands. He said that India should become the global leader in the content development. Talking about the restrictive practices and roadblocks created by certain countries for the Indian film industry, the Minister said that this is not acceptable, and India will reciprocate in similar manner, if such issues are brought to the notice of the Government. Shri Goyal said that single-window clearances for various permission for film shooting in the country, simplification of processes, online clearances, implementation of e-governance are genuine demands of the industry which need early consideration.

Shri Goyal lauded the role of the Indian Cinema for its contribution in fight against Covid, and playing an important role in spreading the awareness about various health precautions. Also, he praised the industry for raising the socially relevant themes in ways which are easily understood by the people of the country. The Minister said that film industry, which is symbol of Indian soft power, has been contemporary, and reflects the aspiration of the young Indians. He said that 1.35 billion people of the country have the aspiration and big appetite for entertainment, and the film industry has always been rising to the occasion. He said that India is proud of its Cinema, and would like to engage with the world from the position of strength. He said that Aatamnirbhar Bharat also implies that the nation will negotiate with the world on equal terms, in a confident manner.

Shri Goyal said that Covid is a crisis before us, and like many others in the past, it will also pass by. He said that let us prepare ourselves for the opportunities in the post-Covid world, which is going to see new ways of working and living. For staying ahead of the curve, out-of-the-box thinking is necessary, there has to be continuous innovation. He said that adequate precaution is necessary but fear is not going to take us further. “We have to engage with the new world order, and adapt to the new. Film industry, as well as the Entertainment sector has been greatly affected by the pandemic, and it is all the more important that there is reimagining of how the activities are to be conducted in the future”, he said. The Minister said that with the process of unlocking, the Indian economy is showing remarkable comeback, and the entertainment industry will also soon show revival.

The Minister expressed concern at the unregulated OTT platforms, where the content is sometimes objectionable, contains misinformation, portrays poorly our country and society, and is just not worth watching with family.

Shri Goyal said that about 25 lakh people are connected to the film industry, directly or indirectly. He called upon the industry to take proper care of all the stakeholders, and take welfare measures for the lowly paid employees of the industry so that everyone, associated with the industry, lives a respectable life.

Shri Goyal also paid respects to the eminent film personalities, who left for their heavenly abode recently.

Udaipur Kiran |

Shri Piyush Goyal addresses the valedictory session of FICCI Frames

The Union Minister of Commerce and Industry Shri Piyush Goyal today addressed the valedictory session of FICCI Frames, through virtual means. The Minister said that the Indian Film and Advertising Industries have the potential and talent to be global players. They can churn out quality products, win awards, and invite more investment and capital in the industry. He called upon the industry to grow beyond the national boundaries. The Minister also described Indian Ad-men as very creative, with many of them heading the international brands. He said that India should become the global leader in the content development. Talking about the restrictive practices and roadblocks created by certain countries for the Indian film industry, the Minister said that this is not acceptable, and India will reciprocate in similar manner, if such issues are brought to the notice of the Government. Shri Goyal said that single-window clearances for various permission for film shooting in the country, simplification of processes, online clearances, implementation of e-governance are genuine demands of the industry which need early consideration.

Shri Goyal lauded the role of the Indian Cinema for its contribution in fight against Covid, and playing an important role in spreading the awareness about various health precautions. Also, he praised the industry for raising the socially relevant themes in ways which are easily understood by the people of the country. The Minister said that film industry, which is symbol of Indian soft power, has been contemporary, and reflects the aspiration of the young Indians. He said that 1.35 billion people of the country have the aspiration and big appetite for entertainment, and the film industry has always been rising to the occasion. He said that India is proud of its Cinema, and would like to engage with the world from the position of strength. He said that Aatamnirbhar Bharat also implies that the nation will negotiate with the world on equal terms, in a confident manner.

Shri Goyal said that Covid is a crisis before us, and like many others in the past, it will also pass by. He said that let us prepare ourselves for the opportunities in the post-Covid world, which is going to see new ways of working and living. For staying ahead of the curve, out-of-the-box thinking is necessary, there has to be continuous innovation. He said that adequate precaution is necessary but fear is not going to take us further. “We have to engage with the new world order, and adapt to the new. Film industry, as well as the Entertainment sector has been greatly affected by the pandemic, and it is all the more important that there is reimagining of how the activities are to be conducted in the future”, he said. The Minister said that with the process of unlocking, the Indian economy is showing remarkable comeback, and the entertainment industry will also soon show revival.

The Minister expressed concern at the unregulated OTT platforms, where the content is sometimes objectionable, contains misinformation, portrays poorly our country and society, and is just not worth watching with family.

Shri Goyal said that about 25 lakh people are connected to the film industry, directly or indirectly. He called upon the industry to take proper care of all the stakeholders, and take welfare measures for the lowly paid employees of the industry so that everyone, associated with the industry, lives a respectable life.

Shri Goyal also paid respects to the eminent film personalities, who left for their heavenly abode recently.

Financial Express |

FICCI E-Frames: Small comfort, but film industry thankful for OTTs

With theatres shut, the going has been tough for the film industry. Absence of a theatrical window has pushed many filmmakers to give the silver screen a miss and opt for digital releases - as many as 10 Bollywood movies have been acquired by digital platforms so far. The decision, although not easy - as actor Akshay Kumar had pointed out: “a movie is the birthright of the theatres” - is the need of the hour. Filmmakers strongly believe that the economics of a movie hinges on theatres - 60-70% of a producer’s revenue comes from the theatrical collections, but the presence of OTT (over-the-top) platforms during the pandemic has definitely been a ‘great boon’ for the industry, they acknowledged.

“Is a film releasing on an OTT platform wrong? The answer is no,” said Shibasish Sarkar, group CEO, content, digital and gaming, Reliance Entertainment, at the FICCI Frames Summit on Saturday. If a film producer, who has been incurring costs and losing money due to the pending release of a movie, finds a platform to distribute his film, “it is a correct decision between a buyer and a supplier,” said Sarkar. This way, at least some money is flowing back into the system.

Sarkar said even if a producer wants to release a blockbuster movie on a digital platform, it is his individual decision and should not be criticised. However, Sarkar, who is backing big-budget movies - Sooryavanshi and 83 - reiterated that he will try to hold the movies for a theatrical launch as long as he can. The movies were slated to be released during Diwali and Christmas, respectively. “This part of the economy (theatres) has to open up or there is no long-term survival for us,” Sarkar added.

Leading Telugu film producer, distributor, exhibitor and studio owner Sureshbabu Daggubati said producers are not sure if they should they take their movies to the cinemas even if they resume operations. The authorities may mandate exhibitors to reduce their occupancy levels and it is also uncertain if the consumers would visit theatres with strict measures like social distancing and masks in place. Producers do not want to take the risk of rushing a movie to the theatre and end up with meagre collections that fail to recover their costs, Daggubati said. “Today, there is an option for me to sell my film on the OTT. If I go for a direct OTT release, I get a certain price. If I go to the theatre and OTT, the value of the OTT falls drastically (in case it does poorly at the cinemas).

This economic calculation is in everyone’s (producers’) mind,” Daggubati said. The government needs to step in and help the sector by easing the burden of GST and power bills for at least a year, he added. Director Shoojit Sircar, whose film Gulabo Sitabo was the first to opt for an OTT release, said he is “happy with the way the film has fared on the digital medium so far”. Producers of the film reportedly earned Rs 65 crore, which more than covered the film’s estimated Rs 35-crore budget.

As far as exhibitors are concerned, they do not feel threatened by OTT platforms. Devang Sampat, CEO at Cinepolis India, said after the growth of OTT in India, the footfalls at the theatre have only grown since OTTs boosted consumers’ appetite for good content. Earlier, it was unthinkable for a movie like Stree to get to the `100-crore club. “Theatres and OTT platforms will coexist,” exhibitors said.

Going by the trend in international markets like South Korea, Germany and France that saw impressive footfalls at theatres after reopening, producers and exhibitors are confident it will be replicated in India as well. Release of a single blockbuster movie will drive considerable footfalls to the cinemas - exhibitors believe they are “just one blockbuster away”.

“In the long run, films will be back to the theatres and in a big way,” seconded Daggubati. As per a recent Deloitte-MPA report, India’s film industry is expected to clock in revenues of an estimated $4.3 billion by FY2024 from $2.7 billion in FY2019.

Financial Express |

FICCI E-Frames: Small comfort, but film industry thankful for OTTs

With theatres shut, the going has been tough for the film industry. Absence of a theatrical window has pushed many filmmakers to give the silver screen a miss and opt for digital releases - as many as 10 Bollywood movies have been acquired by digital platforms so far. The decision, although not easy - as actor Akshay Kumar had pointed out: “a movie is the birthright of the theatres” - is the need of the hour. Filmmakers strongly believe that the economics of a movie hinges on theatres - 60-70% of a producer’s revenue comes from the theatrical collections, but the presence of OTT (over-the-top) platforms during the pandemic has definitely been a ‘great boon’ for the industry, they acknowledged.

“Is a film releasing on an OTT platform wrong? The answer is no,” said Shibasish Sarkar, group CEO, content, digital and gaming, Reliance Entertainment, at the FICCI Frames Summit on Saturday. If a film producer, who has been incurring costs and losing money due to the pending release of a movie, finds a platform to distribute his film, “it is a correct decision between a buyer and a supplier,” said Sarkar. This way, at least some money is flowing back into the system.

Sarkar said even if a producer wants to release a blockbuster movie on a digital platform, it is his individual decision and should not be criticised. However, Sarkar, who is backing big-budget movies - Sooryavanshi and 83 - reiterated that he will try to hold the movies for a theatrical launch as long as he can. The movies were slated to be released during Diwali and Christmas, respectively. “This part of the economy (theatres) has to open up or there is no long-term survival for us,” Sarkar added.

Leading Telugu film producer, distributor, exhibitor and studio owner Sureshbabu Daggubati said producers are not sure if they should they take their movies to the cinemas even if they resume operations. The authorities may mandate exhibitors to reduce their occupancy levels and it is also uncertain if the consumers would visit theatres with strict measures like social distancing and masks in place. Producers do not want to take the risk of rushing a movie to the theatre and end up with meagre collections that fail to recover their costs, Daggubati said. “Today, there is an option for me to sell my film on the OTT. If I go for a direct OTT release, I get a certain price. If I go to the theatre and OTT, the value of the OTT falls drastically (in case it does poorly at the cinemas).

This economic calculation is in everyone’s (producers’) mind,” Daggubati said. The government needs to step in and help the sector by easing the burden of GST and power bills for at least a year, he added. Director Shoojit Sircar, whose film Gulabo Sitabo was the first to opt for an OTT release, said he is “happy with the way the film has fared on the digital medium so far”. Producers of the film reportedly earned Rs 65 crore, which more than covered the film’s estimated Rs 35-crore budget.

As far as exhibitors are concerned, they do not feel threatened by OTT platforms. Devang Sampat, CEO at Cinepolis India, said after the growth of OTT in India, the footfalls at the theatre have only grown since OTTs boosted consumers’ appetite for good content. Earlier, it was unthinkable for a movie like Stree to get to the `100-crore club. “Theatres and OTT platforms will coexist,” exhibitors said.

Going by the trend in international markets like South Korea, Germany and France that saw impressive footfalls at theatres after reopening, producers and exhibitors are confident it will be replicated in India as well. Release of a single blockbuster movie will drive considerable footfalls to the cinemas - exhibitors believe they are “just one blockbuster away”.

“In the long run, films will be back to the theatres and in a big way,” seconded Daggubati. As per a recent Deloitte-MPA report, India’s film industry is expected to clock in revenues of an estimated $4.3 billion by FY2024 from $2.7 billion in FY2019.

Financial Express |

Piyush Goyal bats for film industry workers, asks industry players to provide social security, wages

Commerce and Industry Minister Piyush Goyal on Saturday asked the film industry to provide minimum wages, healthcare protection and some kind of social security cover to support staff for their better quality of life. Goyal also expressed concern at the unregulated OTT platforms, where the content is sometimes objectionable and contains misinformation. “Another area of concern which has bothered me has been the area of insurance, healthcare and pensions, or social welfare for all the stakeholders in this industry,” he said at FICCI Frames 2020.

Goyal said several people like spot boys/girls are involved in a movie or serial or advertising, and the industry should make an effort to ensure a better quality of life for the 26 lakh people engaged in the sector. “I do wish the industry along with self regulation would also look at self improvement for the lives and the future of these 26 lakh stakeholders of the industry. There must be some effort to have an orderly minimum wage to have healthcare protection or insurance, some kind of social security. “I do wish the industry would try to create a database and ensure that every stakeholder gets a fair deal and a better quality of life, gets a fair wage for their work and is able to take care of their children,” Goyal said.

Talking about censorship on the over-the-top platforms (OTT) platforms, the minister said all the stakeholders need to engage deeply on this subject. There are certain limits or challenges to allow global content to resonate indiscriminately, Goyal said, adding while he appreciates self-regulation, but “sadly” the industry is fighting “cats and dogs” even while trying to settle copyright related issues.

“I certainly do not want my child growing up to be exposed to some of the stuff that I see on a lot of channels, a lot of international transmissions that come into our homes. I do believe that there is a lot of misinformation also and a lot of very poor portrayal of India as a country and Indian society, that is reflected on,” he said.

Citing an example, the minister said he was a vocal critic of a famous artist who had painted nude paintings of Hindu goddesses and “I am certainly not going to tolerate that and that kind of creative independence or expression is not something that we can be proud of as a nation”.

“The Minister expressed concern at the unregulated OTT platforms, where the content is sometimes objectionable, contains misinformation, portrays poorly our country and society, and is just not worth watching with family,” an official statement said. So, this is a subject that everybody needs to engage much deeper, Goyal said. He added that may be other countries have had complete freedom to do and say what they want and show, but look at the levels of cultural depravity that is there in many countries.

“Look at what their children are going through, look at the broken families…look at the kind of bad habits that children develop at a very young age in many parts of the world and I still think not that India is totally isolated from a lot of these things. “But I still think that large parts of India and many homes in India have been able to maintain some sense of discipline and some good moral upbringing,” he said, adding “but you can not be glorifying, for example drugs”.

The minister was commenting on the views of Siddharth Roy Kapur, President Producers Guild Of India, who in his remarks said that there is a growing talk about censorship when it comes to the OTT platforms. OTT has given an opportunity to be able to be innovative, and creative and “it is very important for us to look at the sector very sensitively and look at self-regulation rather than any large centralised regulation within the sector in order to be able to help it to thrive. Because going forward it will be crucial for us to maintain the creativity within this model,” he said.

Further, the minister said that investments in cinema halls and multiplexes will not come if they would release their movies first on OTT platforms. Goyal said that cinema halls, multiplexes are closed due to COVID-19 and the industry did support their demand for not showing movies on OTT, in such a scenario. He added that it may sound exciting in the short-run to release films on OTT platforms as “you may get more money” their but predatory pricing has never done good for any industry.

In the long-run if cinema halls would close down and there will be a proliferation of OTT networks, he noted. Goyal said that self-regulation has worked good in several areas but it has also collapsed in certain segments. “I would urge your industry to really stand up to this challenge and demonstrate that by self-regulation, the industry can and will provide some sanity and maintain high cultural and traditional ethos of the country or moral values that our country is proud of,” he added.

Goyal also said that the government is taking steps for faster grant of patents and it will soon reduce fees for MSME and startups. On attracting film makers to shoot in the country, the minister said he will be talking to states and other stakeholders on the issue so that they do not go to Hungary or UK or Spain to shoot films. Indicating that it may not be possible for the government to provide fiscal incentives to the industry, he said the idea of framing a single window clearance could be something FICCI and the film industry could help to devise.

AIR News |

India can become a global leader in the film industry: Piyush Goyal

Commerce and Industry Minister Piyush Goyal today assured the film industry that if any country is creating road blocks for Indian films to be shown in their country, then India too will reciprocate and would not allow those countries to display their entertainment products back home.
Addressing the FICCI Frames-2020, through virtual platform, he said, India will work with reciprocity, will engage from a position of strength and get a fair deal for the film industry.
Mr Goyal further said, India can become a global leader in the film industry. He said, government wants to to see the film industry emerge as a huge source of investment and capital coming into the country. The government also wants the industry to be truly innovative in the work they are doing and show to the world the best creative talent.
Quoting Prime Minister Narendra Modi, Mr. Goyal said, innovation is no longer a choice, but it has become an imperative. The Minister said, India will become Aatmanirbhar not by closing its doors, but by opening them.

Outlook |

Provide minimum wages, social security to support staff: Goyal to film industry

Commerce and Industry Minister Piyush Goyal on Saturday asked the film industry to provide minimum wages, healthcare protection and some kind of social security cover to support staff for their better quality of life.

Goyal also expressed concern at the unregulated OTT platforms, where the content is sometimes objectionable and contains misinformation.

"Another area of concern which has bothered me has been the area of insurance, healthcare and pensions, or social welfare for all the stakeholders in this industry," he said at FICCI Frames 2020.

Goyal said several people like spot boys/girls are involved in a movie or serial or advertising, and the industry should make an effort to ensure a better quality of life for the 26 lakh people engaged in the sector.

"I do wish the industry along with self regulation would also look at self improvement for the lives and the future of these 26 lakh stakeholders of the industry. There must be some effort to have an orderly minimum wage to have healthcare protection or insurance, some kind of social security.

"I do wish the industry would try to create a database and ensure that every stakeholder gets a fair deal and a better quality of life, gets a fair wage for their work and is able to take care of their children," Goyal said.

Talking about censorship on the over-the-top platforms (OTT) platforms, the minister said all the stakeholders need to engage deeply on this subject.

There are certain limits or challenges to allow global content to resonate indiscriminately, Goyal said, adding while he appreciates self-regulation, but "sadly" the industry is fighting "cats and dogs" even while trying to settle copyright related issues.

"I certainly do not want my child growing up to be exposed to some of the stuff that I see on a lot of channels, a lot of international transmissions that come into our homes. I do believe that there is a lot of misinformation also and a lot of very poor portrayal of India as a country and Indian society, that is reflected on," he said.

Citing an example, the minister said he was a vocal critic of a famous artist who had painted nude paintings of Hindu goddesses and "I am certainly not going to tolerate that and that kind of creative independence or expression is not something that we can be proud of as a nation".

"The Minister expressed concern at the unregulated OTT platforms, where the content is sometimes objectionable, contains misinformation, portrays poorly our country and society, and is just not worth watching with family," an official statement said.

So, this is a subject that everybody needs to engage much deeper, Goyal said.

He added that may be other countries have had complete freedom to do and say what they want and show, but look at the levels of cultural depravity that is there in many countries.

"Look at what their children are going through, look at the broken families...look at the kind of bad habits that children develop at a very young age in many parts of the world and I still think not that India is totally isolated from a lot of these things.

"But I still think that large parts of India and many homes in India have been able to maintain some sense of discipline and some good moral upbringing," he said, adding "but you can not be glorifying, for example drugs".

The minister was commenting on the views of Siddharth Roy Kapur, President Producers Guild Of India, who in his remarks said that there is a growing talk about censorship when it comes to the OTT platforms.

OTT has given an opportunity to be able to be innovative, and creative and "it is very important for us to look at the sector very sensitively and look at self-regulation rather than any large centralised regulation within the sector in order to be able to help it to thrive. Because going forward it will be crucial for us to maintain the creativity within this model," he said.

Further, the minister said that investments in cinema halls and multiplexes will not come if they would release their movies first on OTT platforms.

Goyal said that cinema halls, multiplexes are closed due to COVID-19 and the industry did support their demand for not showing movies on OTT, in such a scenario.

He added that it may sound exciting in the short-run to release films on OTT platforms as "you may get more money" their but predatory pricing has never done good for any industry.

In the long-run if cinema halls would close down and there will be a proliferation of OTT networks, he noted.

Goyal said that self-regulation has worked good in several areas but it has also collapsed in certain segments.

"I would urge your industry to really stand up to this challenge and demonstrate that by self-regulation, the industry can and will provide some sanity and maintain high cultural and traditional ethos of the country or moral values that our country is proud of," he added.

Goyal also said that the government is taking steps for faster grant of patents and it will soon reduce fees for MSME and startups.

On attracting film makers to shoot in the country, the minister said he will be talking to states and other stakeholders on the issue so that they do not go to Hungary or UK or Spain to shoot films.

Indicating that it may not be possible for the government to provide fiscal incentives to the industry, he said the idea of framing a single window clearance could be something FICCI and the film industry could help to devise.

India Education Diary |

Piyush Goyal addresses the valedictory session of FICCI Frames Delhi

The Union Minister of Commerce and Industry Shri Piyush Goyal today addressed the valedictory session of FICCI Frames, through virtual means. The Minister said that the Indian Film and Advertising Industries have the potential and talent to be global players. They can churn out quality products, win awards, and invite more investment and capital in the industry. He called upon the industry to grow beyond the national boundaries. The Minister also described Indian Ad-men as very creative, with many of them heading the international brands. He said that India should become the global leader in the content development. Talking about the restrictive practices and roadblocks created by certain countries for the Indian film industry, the Minister said that this is not acceptable, and India will reciprocate in similar manner, if such issues are brought to the notice of the Government. Shri Goyal said that single-window clearances for various permission for film shooting in the country, simplification of processes, online clearances, implementation of e-governance are genuine demands of the industry which need early consideration.

Shri Goyal lauded the role of the Indian Cinema for its contribution in fight against Covid, and playing an important role in spreading the awareness about various health precautions. Also, he praised the industry for raising the socially relevant themes in ways which are easily understood by the people of the country. The Minister said that film industry, which is symbol of Indian soft power, has been contemporary, and reflects the aspiration of the young Indians. He said that 1.35 billion people of the country have the aspiration and big appetite for entertainment, and the film industry has always been rising to the occasion. He said that India is proud of its Cinema, and would like to engage with the world from the position of strength. He said that Aatamnirbhar Bharat also implies that the nation will negotiate with the world on equal terms, in a confident manner.

Shri Goyal said that Covid is a crisis before us, and like many others in the past, it will also pass by. He said that let us prepare ourselves for the opportunities in the post-Covid world, which is going to see new ways of working and living. For staying ahead of the curve, out-of-the-box thinking is necessary, there has to be continuous innovation. He said that adequate precaution is necessary but fear is not going to take us further. “We have to engage with the new world order, and adapt to the new. Film industry, as well as the Entertainment sector has been greatly affected by the pandemic, and it is all the more important that there is reimagining of how the activities are to be conducted in the future”, he said. The Minister said that with the process of unlocking, the Indian economy is showing remarkable comeback, and the entertainment industry will also soon show revival.

Filmy Town |

Will provide single window clearance for film shooting in India – Piyush Goyal at FICCI FRAMES 2020

Simplification of the clearance process with a single form, addressing the valedictory session of FICCI FRAMES 2020, the Minister for Commerce and Industry & Railways Shri Piyush Goyal today said that the Indian government will work to provide a single window clearance for film shootings in the country and urged FICCI along with other associations to help in devising a mechanism.

At the FICCI FRAMES 2020 session on ‘Putting COVID Behind Us: The Way Forward’, Mr Goyal said, “I would like you to think out-of-the-box, bring innovation. We can get everybody on board, simplify the process with a single form and one fees could be done. My Ministry along with I&B Ministry will be happy to take it up. We are doing this for other industries and would love to do it for you too.”

In order to attract more foreign companies and promote domestic film shooting, Mr Goyal said, “I will be talking to the states and within the government to ensure attracting more film making in India so that they don’t go to any other international place which will also improve our tourism sector. We all have to work together.”

Enumerating the benefits of the Atmanirbhar Bharat Yojna, Mr Goyal said that it is not about closing our doors, but opening the doors to greater global engagement from a position of strength, confidence, from a position where we negotiate on equal terms. “It is for a position where we ensure the safety and security of all stakeholders is equally well taken care of in the industry,” he said.

Highlighting the challenges and opportunities posed by COVID-19, he said that it is important that industry leaders use this opportunity to prepare the country and the industry for a post COVID world. “The world is adapting to the new way of working and to stay ahead, you need to think out-of-the-box, innovate, reimagine and redesign the framework of business and reinventing the future is going to determine the success of the industry,” Mr Goyal added at FICCI FRAMES 2020.

He further said that we have to be bold, engage and adapt to the ways of new working, and we have to emerge as an innovative and resilient sector. “Just like AI is for Artificial Intelligence, it could stand for Aspirational India and it could also stand for a country which wishes to see animation and innovation coming into the industry. Let us look at bringing the country back to normalcy and bring back economic activity and industry into normal operations,” added Mr Goyal.

Mr Goyal further said that India can become a global leader in the film industry, and we need to take it beyond the boundaries of India. The government will ensure that industry should not suffer in any other country. “If any country is creating roadblocks for Indian films to be shown there, then India will reciprocate and not allow that country to display their entertainment products in our country. India will work with reciprocity and we will engage with a position of strength and get a fair deal for all our industry,” he added.

Dr Sangita Reddy, President, FICCI said at FICCI FRAMES 2020, “As a recognition of the growing M&E global footprint, the Government of India has also designated audio-visual services as a Champion Sector for exports in 2018 which is in sync with our vision of India as a Vishwaguru. We have evolved in terms of technology and capability in all new-age arts, be it animation, visual effects or gaming.”

Mr Siddharth Roy Kapur, Founder and MD, Roy Kapur Films and President, Producers Guild of India emphasized on the need for self-regulation in the sector. “We should look at self-regulation for the sector to thrive.”

At the FICCI FRAMES 2020, Mr Daggubati Suresh Babu, Leading Telugu Film Producer, Distributor, Exhibitor and Studio Owner urged the government to provide more support to the industry when the industry restarts.

Orissa Diary |

Govt will work to provide single window clearance for film shooting in India says Piyush Goyal

Mr Piyush Goyal, Minister for Commerce and Industry & Railways, Govt of India today said that the government will work to provide a single window clearance for film shootings in the country and urged FICCI along with other associations to help in devising a mechanism.
Addressing the valedictory session of FICCI FRAMES 2020 on ‘Putting COVID Behind Us: The Way Forward’, Mr Goyal said, “I would like you to think out-of-the-box, bring innovation. We can get everybody on board, simplify the process with a single form and one fees could be done. My Ministry along with I&B Ministry will be happy to take it up. We are doing this for other industries and would love to do it for you too.”

In order to attract more foreign companies and promote domestic film shooting, Mr Goyal said, “I will be talking to the states and within the government to ensure attracting more film making in India so that they don’t go to any other international place which will also improve our tourism sector. We all have to work together.”

Enumerating the benefits of the Atmanirbhar Bharat Yojna, Mr Goyal said that it is not about closing our doors, but opening the doors to greater global engagement from a position of strength, confidence, from a position where we negotiate on equal terms. “It is for a position where we ensure the safety and security of all stakeholders is equally well taken care of in the industry,” he said.

Highlighting the challenges and opportunities posed by COVID-19, he said that it is important that industry leaders use this opportunity to prepare the country and the industry for a post COVID world. “The world is adapting to the new way of working and to stay ahead, you need to think out-of-the-box, innovate, reimagine and redesign the framework of business and reinventing the future is going to determine the success of the industry,” Mr Goyal added.

He further said that we have to be bold, engage and adapt to the ways of new working, and we have to emerge as an innovative and resilient sector. “Just like AI is for Artificial Intelligence, it could stand for Aspirational India and it could also stand for a country which wishes to see animation and innovation coming into the industry. Let us look at bringing the country back to normalcy and bring back economic activity and industry into normal operations,” added Mr Goyal.

Mr Goyal further said that India can become a global leader in the film industry, and we need to take it beyond the boundaries of India. The government will ensure that industry should not suffer in any other country. “If any country is creating roadblocks for Indian films to be shown there, then India will reciprocate and not allow that country to display their entertainment products in our country. India will work with reciprocity and we will engage with a position of strength and get a fair deal for all our industry,” he added.

Dr Sangita Reddy, President, FICCI said, “As a recognition of the growing M&E global footprint, the Government of India has also designated audio-visual services as a Champion Sector for exports in 2018 which is in sync with our vision of India as a Vishwaguru. We have evolved in terms of technology and capability in all new-age arts, be it animation, visual effects or gaming.”

Mr Siddharth Roy Kapur, Founder and MD, Roy Kapur Films and President, Producers Guild of India emphasized on the need for self-regulation in the sector. “We should look at self-regulation for the sector to thrive.”

Mr Daggubati Suresh Babu, Leading Telugu Film Producer, Distributor, Exhibitor and Studio Owner urged the government to provide more support to the industry when the industry restarts.

Mr Dilip Chenoy, Secretary General, FICCI, delivered the vote of thanks.

Money Control |

Tough days ahead: How COVID-19 will impact Indian sports ecosystem: Here's what experts say

'Phygital' has become a trending buzzword in today's world. But how feasible it is to implement the philosophy in the sporting sphere, especially with the COVID threat looming large?

The Indian sports ecosystem, with cricket as its crown jewel, is staring at an uncertain future in the post-COVID world. The global sporting activities are limping back to normalcy but for Indian sports lovers, it is highly unlikely that they will be able to witness any live sporting action in the next four months.

Where does this put all the stakeholders, especially non-cricket sports disciplines dependent on government largesse?

Although the Olympics has been postponed, the preparations of the athletes have been badly hit and sports federations are struggling to tackle the issue.

Sports broadcasters, an important cog in the set-up, have been dealt a body blow by the coronavirus outbreak.

With no live domestic sporting action to showcase and huge investments already made in efforts to popularise non-cricket sports, they can only look forward to resumption of international sporting activities as a solace.

But with fans not present at the stadiums, the ‘feel’ of watching an enthralling game is missing and broadcasters need to think out of the box to ensure they are not left out.

This philosophy is what is going to help them survive this tumultuous phase, and they realise the gravity of the situation.

Sanjog Gupta, Sports Product Head at Star India and Chair, FICCI Sports Committee, at a webinar at FICCI Frames, said this period can also be used to rebuild the structures in place and usher in more professionalism.

"The structures and models of governance should be carefully looked at. The health of the sports depend on fans, we need to put the fans at the centre of things. There is immense opportunity to use this time to use it to reset the structures of the sports ecosystem," he said.

Just as non-cricket sports disciplines were beginning to make a mark, the COVID-19 pandemic struck and has now put a big question mark over its future prospects.

"It is unfair to expect the government to continue funding. Business houses can adopt one sport which has Olympic potential. Only then we can excel in the Olympics. A broadcaster should also concentrate on other sports and devote 10 percent airtime," said Indian Olympic Association President Narinder Batra.

Although Batra has called for unstinted corporate support, industry sources said it is highly unlikely they are going to loosen their purse strings anytime soon.

"It will almost take four to eight months for the sports sponsorship industry to rebound," said an official of an international sports media giant.

So, how are sports associations going to tackle this financial crunch?

"Apart from cricket and football, other sports bodies have to depend on government support and they were anyway never in a good financial position," the person quoted above said.

Bhairav Shanth, co-founder and Managing Director, ITW Consulting, an agency specialising in sponsorship management of sports events, feels it is a chicken and egg situation.

"Sponsors may play the wait-and-watch game looking for some sport to resume and sports may be delaying resumption in the hope of finding more sponsors. I foresee a V-shaped kind of recovery towards the last quarter of this year because if a couple of the big events slated get the go-ahead, confidence will immediately return and we can expect a quick turnaround,” he told Moneycontrol.

Shanth said the COVID-19 disruption, perhaps, will leave more of a mark on the ground.

"Kabaddi had thriving attendance at the venue other than amazing TV viewership. The fan base they have established is fairly loyal and solid. We have seen that during internal research we conducted for our clients who are involved with Kabaddi. If these sports make a behind-closed-doors return like cricket has, they will find that fan base ready, eager and waiting," Shanth said.

But, for a country like India, will sporting activities find traction amidst economic upheaval?

"Historically, sports has been a unifying force and a welcome break from hard times, whether it be in the immediate aftermath of the Second World War, or after a tragedy like 9/11 or even closer home, after the terror attack on Mumbai in November 2008. In all those cases, sports have rebounded back to the pre-disruption levels. Economic crises, on the other hand, tend to slow leisure consumption down, so the market may remain flat for just a little bit, but Indian viewers and fans love their sport and sports will find traction but in new ways. I am of the view that digital media will be highlighted strongly and the way fans will consume sports will change," Shanth said.

A recurring question which has always haunted the Indian sports sphere has been the aversion of corporates to support sports disciplines other than cricket.

JSW Sports CEO Mustafa Ghouse put the blame on the lackadaisical attitude of some of the sports bodies.

"JSW has been supporting Olympic sports disciplines because of the passion of the promoters. I can understand the reservations other corporate houses have about supporting these sports disciplines because many sports federations resist changes. At JSW, we have a dedicated team to look into these issues but not every corporate would have the wherewithal or patience to deal with them," he said.

Media News4u |

Cinema owners optimistic about life after Covid-19 : Experts at FICCI panel 2020

Social distancing might continue to be the norm even when lockdowns are completely lifted. How are exhibitors preparing for the new viewing experience? What are the changes and impact to distribution economics by virtue of an anticipated lower occupancy across halls, lack of content and challenges from OTT?

The last day of FICCI Frames 2020 saw a panel moderated by Kapil Agarwal, Joint Managing Director – UFO Moviez with spectacular names from the cinema business as panelists such as Sureshbabu Daggubati, Leading Telugu Film Producer, Distributor, Exhibitor and Studio Owner, Alok Tandon, Chief Executive Officer – Inox Leisure Ltd, Devang Sampat, Chief Executive Officer – Cinépolis India, Shibasish Sarkar, Chief Executive Officer – Group Chief Executive Officer – Content, Digital & Gaming at Reliance Entertainment and Akshaye Rathi, Film Exhibitor & Distributor – Rathi Cinemas wherein they shared their insights and views on the topic of “Living with Covid – 19: The Challenges Facing the Cinema Industry.”

Setting the context Kapil Agarwal said “Currently our country, as well as the whole world, is passing through unprecedented times due to coronavirus. In these circumstances, the cinema industry is bound to be impacted, the exhibition sector is worst affected up huge infrastructure investment.”

“It has given rise to so many questions in everyone’s mind as to when will the cinemas open, what precautions and protocols will need to be put in place to really push for reopening of the cinema in the current risk environment. Is there going to be a new normal in the way people consume content and when the cinemas reopen, will there be shortage of film content and with lot of content moving to the OTT platforms. Is this trend temporary and circumstance driven, or causing a long term challenge to the film execution industry either way, how the business of cinema is conducted in the coming years is going to change between various stakeholders.” said Kapil Agarwal.

Speaking about when the cinemas are going to reopen in India, and what steps is the exhibition industry taking to get the audiences back the global experience, Devang Sampat said, “I think the good part is that business is coming back slowly and gradually to a new normal, of course it will not be same as when we reopen an exhibition space specifically remember the first cinema we started closing from 11th of March, and it’s been four months, that we are not doing, which we are used to doing for almost 59 years.”

“In India we have seen in last few weeks average about 22,000 cases coming in every day, but now, I believe we have accepted that COVID is here to stay, it may not be going that easy unless we find some vaccination which, as for all the researchers we are saying it’s at least 18 months away. So, what do we do till 18 months we cannot shut down we cannot just keep on closing the business and remain the way we are, so we practically went through the journey of customers, right from the entrance whether it is mass or booking tickets online.”

“What can we do to ensure touch-free experience at the cinema, passing through the screens and have a proper distance with mentioned the experience is something that is safe and which gives you a big-screen experience which has been missing for last four months.”, said Devang Sampat.

Speaking about the viability of cinema and how it will be effective AlokTandon said, “I am as optimistic as I’ll ever be and we are ready to just pause back it’s a matter of time before we hit the long-running, for the last four months, all revenues have come to a grinding halt, whether from sale of tickets sale of food and beverage, or even advertising so there is zero rupee which is just coming in. I won’t even call it a fickle I’ll just say that everything is shut and there is nothing which is coming into the country and there is no doubt that this is a very difficult phase. But the short aberration cannot change the viability of these demographers, I am very optimistic about the business, and all challenges which have already been faced by the cinema industry in its 100 years of failure or 100 years of existence.”

“I will say that the industry has come back stronger, and we have come back smarter, after every challenge that we have faced and it is going to be a battle between apprehensions and the passion for cinema and we are more than certain that the passion will emerge victorious, and there are no two ways about it. I personally see that the resurgence happening from q3 onwards, as hopefully the apprehensions will settle movie releases will get back on track, festivities will take time and overall sentiment would make a turn around.”, said Alok Tandon.

Highlighting the concerns and problems that the cinema industry is facing Sureshbabu Daggubati said, “All of us, I wouldn’t say are impatient, we all are sort of concerned about what has been happening. We went to different governments and we wanted shooting permissions and we even got the permissions but then we developed cold feet, and we couldn’t start shooting and a few television shoots have started. The question is that now why are we not shooting when we have got the permission.”

“First, the actors or the technicians still don’t feel safe and why do they not feel safe because the curve is on the upside and till the crowd comes down I don’t see it becoming the comfortable moment for the actors and technicians to come on board. We need to make a creatively good product to come up. So when we are working on a film, if the creativity quotient is removed and we are only constantly worried about sanitization and other stuff and your whole mind is of that, then you will not creatively come out with a great product. So that’s the concern of directors and with cinema we have a lot of interaction between actors during dances, fights scenes. So that’s why even the few people who had started have stopped because it’s not going to get an end out of this film and there is no exit for my movie.”

“Second is when I finish my film and if I take it to the theaters, the talk about reduced capacity in the auditorium and will enough people come in and watch the film and will it make enough revenue for the cost that I put into the film.” said Sureshbabu Daggubati.

Speaking about on will there be readjustments in the way films release and are distribution models going to change Akshaye Rathi said, “I certainly think that way forward is obviously going to be a lot different compared to what it was and a lot for vendor buyer relationships are going to turn into collaborative relationships and that creates a way forward because to come back to normalcy in terms of revenues and operation during the entire value chain or right from the talent to the distribution sector and the exhibitors need to deal with each other as vendors to get us out of this well that we are in.”

“So yes distribution patterns are going to change, because we all realize that when cinemas, open up is possibly not be permitted to open with 100% occupancy, and to build that capacity that things like let’s say movies like Sooryavanshi 83, Cooliee No. 1 deserve a bigger release and will have to go much wider with the release. I mean you have made that announcement where UFOs, offered to come in as a partner in turn the fixed cost of distribution through your network into a variable cost which I truly believe that may be a massive benefit not just to the producers, but also to exhibitors without worrying about the return on investments on every property, they be able to go usually wide.” said Akshaye Rathi.

Speaking about his experiences Shibasish Sarkar said, “When this situation occurred in February and March and I think most of us did not visualize this is for such a longer time and we are not even close to situation of what is the level of calamity. We don’t even know standing as in what will be the level of impact in the next six or nine months.”

“If the film is getting released on OTT is something wrong, the answer is no, as a producer I do believe that there are a lot of teams, which even it goes through in this situation that producers are holding they have been losing money and losing interest to pay their vendors, directors, artists, and if they find that the film can get distributed on a platform which will reach so many countries, it is a correct decision between the buyer and supplier and I am no one to judge those decisions and I truly believe that if there are some films to find an opportunity to get in this platform, the producer should take that course nothing wrong in it and there is no end.” said Shibasish Sarkar

MSN News |

India Box Office collections: Regional cinema led by Telugu, Tamil movies overtakes Bollywood

Box office collections are no doubt big in Bollywood but of late regional films are calling the shots. Led by the Tamil and Telugu film industries, regional cinema contributed a chunky 47% to the film industry’s overall revenues in 2019 while Bollywood’s share of the pie stood at 40%, according to Deloitte-MPA. India's film industry is expected to clock in estimated revenues of $4.3 billion (approximately Rs 33,000 crore) by FY24 from $2.7 billion in FY19, a report released at the FICCI Frames Summit on Friday noted.

Regional content is also expected to play a big role in the growth of online video services (OVS), a segment that's estimated to grow at a CAGR of 30% during FY20-24 to reach $2.5 billion. OVS revenues were pegged at about $0.6 billion in FY19.

The greater availability of regional content has expanded the addressable customer base. Hotstar, for instance, counts users from West Bengal and Bihar as the largest on its platform. The share of consumption by non-metros stood at 63% in 2019, higher than the share of metro cities at 37%. Ali Hussein, CEO at Eros Now, believes the growth of online video services business will be driven by regional strategies on content.

Still, Bollywood is expected to post its "highest domestic collections ever" in FY20, the report noted. The Hindi film segment is estimated to have registered a record Rs 4,350 crore in net box office collections in CY2019.

Even as regional films attract more viewership and investments, winds of change are blowing across Bollywood. No longer is the industry’s fortune dependent on big stars; content has started playing a big role. Films made on large budgets but low on content have raked in good collections only in the initial weeks after which ticket sales have been dull. "Big stars bring in a strong pull factor but the reviews and sales of movies such as Thugs of Hindostan and Zero suggest that story and content still largely dictate the performance of movies in the long run," analysts in the report said.

Several films that did not have big stars nevertheless fared well at the box office. For instance, January 2019 saw Vicky Kaushal's Uri raking in a whopping Rs 244 crore at the box office and Aysuhmann Khurrana’s Dream Girl crossing the Rs 100-crore mark. Another Khurrana starrer, Bala earned over Rs 100 crore. These movies were made at a cost of less than Rs 40 crore.

News Vibes of India |

India can become a global leader in the film industry: Piyush Goyal

The Union Minister of Commerce and Industry Piyush Goyal today said that India can become a global leader in the film industry and we need to take it beyond the boundaries of the country.

He said this while addressing the valedictory session of FICCI Frames through virtual means.

Goyal said that the film industry can churn out quality products, win awards, and invite more investment and capital in the industry.

Talking about the restrictive practices and roadblocks created by certain countries for the Indian film industry, the Minister said that this is not acceptable, and India will reciprocate in similar manner, if such issues are brought to the notice of the Government.

He further added that the government will work to provide a single window clearance for film shootings in the country and urged FICCI along with other associations to help in devising a mechanism.

During the address of the valedictory session of FICCI FRAMES 2020 on ‘Putting COVID Behind Us: The Way Forward’, Goyal said, “I would like you to think out-of-the-box, bring innovation. We can get everybody on board, simplify the process with a single form and one fees could be done. My Ministry along with I&B Ministry will be happy to take it up. We are doing this for other industries and would love to do it for you too.”

In order to attract more foreign companies and promote domestic film shooting, the Minister said, “I will be talking to the states and within the government to ensure attracting more film making in India so that they don’t go to any other international place which will also improve our tourism sector. We all have to work together.”

Enumerating the benefits of the Atmanirbhar Bharat Yojna, Goyal also added that it is not about closing our doors, but opening the doors to greater global engagement from a position of strength, confidence, from a position where we negotiate on equal terms. “It is for a position where we ensure the safety and security of all stakeholders is equally well taken care of in the industry,” he said.

In addition to this, highlighting the challenges and opportunities posed by COVID-19, he said that it is important that industry leaders use this opportunity to prepare the country and the industry for a post COVID world.

“The world is adapting to the new way of working and to stay ahead, you need to think out-of-the-box, innovate, reimagine and redesign the framework of business and reinventing the future is going to determine the success of the industry,” Goyal added.

Sangita Reddy, President, FICCI said during the ceremony, “As a recognition of the growing M&E global footprint, the Government of India has also designated audio-visual services as a Champion Sector for exports in 2018 which is in sync with our vision of India as a Vishwaguru. We have evolved in terms of technology and capability in all new-age arts, be it animation, visual effects or gaming.”

Silicon India |

'OTT unique animal, need dedicated rules for sector'

With the content on over-the-top (OTT) platforms being published without any effective central regulation, there is an urgent need for dedicated rules for the video streaming players, one of the nation's top cyber law experts said on Thursday.

His views come against the backdrop of reports this week that the Union Ministry of Information & Broadcasting has proposed that online content regulation in India should come under its ambit, not the Ministry of Electronics & Information Technology.

"OTTs qualify to be intermediaries under 2 (1) (w) of the IT Act , 2000 if they are dealing with third party data," cyber law expert Pavan Duggal told IANS.

Intermediaries are hardly held accountable for the content published on the platform, and are generally subject to the rules set by the platforms themselves.

"But OTTs also have their own content. So the same legal entity shares the features of an intermediary and not being an intermediary at the same time," Duggal said.

"So there is a need for dedicated rules for the OTT sector. The OTT is a unique animal. You do not have similar kinds of analogies for OTTs elsewhere," he said, adding that there should be a separate set of rules for self-generated or self-owned content and then there should be a separate regime for third party data.

Information and Broadcasting Secretary Amit Khare said at the FICCI e-FRAMES online convention this week that OTT, being a digital platform, falls under the purview of the IT Ministry "but now we are proposing a decision that the content should fall within the purview of I&B Ministry."

Moreover, as the content disseminated by OTT platforms do not go through the same regulations that content aired on televisions or released in theatres or published in print, it does not create a level playing field for all the stakeholders.

Many content creators, therefore, take the OTT route to release their content to bypass these regulations.

There have also been complaints that these platforms have taken the liberty to disseminate harmful and erotic content.

"I think the time has come for enabling regulation," Duggal said, adding that the current IT Act is deficient as it does not provide for major criminal consequences for OTTs.

"Publicly obscene electronic content is an offence under Section 67 of the IT Act. These OTT platforms often publish frontal nudity and erotic content in gross violation of the IT rules and yet, no action gets taken," he said.

"Very quickly we need to come up with penal sanctions for OTTs who do not comply with minimum parameters," Duggal said.

Stressing on the need for "enabling" regulation that does not appear to censor the Internet, he said that there is a need for crystal clear norms applicable to OTT platforms because "self-regulation does not work in India".

Mid Day |

Sunil Chhetri believes education sector can play 'Crucial Role' in promoting sports in India

Indian football team skipper Sunil Chhetri believes that the education sector can play a 'crucial role' in promoting sports in the country and schools must encourage sports and fitness among students. Addressing a session on 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES, Chhetri said, "The education sector can play a crucial role in promoting sports in India. We must promote sports culture at the grassroot level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise."

Women's cricket team's Mithali Raj, who was also a part of the session, feels that women's cricket can "re-build quickly" from this coronavirus pandemic despite admitting the impact of the crisis. "Unfortunately, women's Cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team," Raj said.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," she added. Sports Authority of India (SAI) Director-General, Sandip Pradhan, said they need to re-set, re-invent and re-work their priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities. Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business," he said.

Whereas, President of the Indian Olympic Association, Narinder Dhruv Batra, said corporates must adopt at least one Indian sport as he stressed that a wave of one athlete performing well can indirectly impact lakhs of others.

"Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakh of others. We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Technology for You |

Technology changed the landscape of broadcasting sector, convergence providing new growth opportunities: R S Sharma, Chairman, TRAI

R S Sharma, Chairman, Telecom Regulatory Authority of India (TRAI) today said that the technology has changed the landscape of the broadcasting sector including the distribution, production side, and entire value chain.

Addressing a webinar ‘Regulating Creativity: Overcoming Legacy Challenges to Shape the Future of M&E’, organized during ‘FICCI FRAMES 2020’, Sharma said that that technology has been the biggest disruptor. “There is a huge convergence happening in this sector and the habits of the people have also seen a change. This has provided new opportunities for growth in the sector.”

Sharma said that it is the proliferation of high-speed networks in cheaper, smarter devices that will result in the rapid growth of the Video on Demand and the OTT services. “Convergence of technology in the broadcasting sector would enable optimal utilization of networks and encourage mergers and acquisition in telecom and broadcasting operations. This will result in increased competition and cost pressures separation of services and application from the networks and offer the opportunity for innovation to meet consumer demand.

Sharma said that the approach of TRAI is of a very light touch regulation and we want the market forces to operate. “Market is the best determinant and the best accelerator for the adoption of new technology, new demands and satisfying the consumer. Till the time there is fair play, transparency, we don’t intervene,” he added.

Highlighting the role of competition and safeguarding consumer interests, Sharma said that the consumer deserves to know the cost of what they are consuming. “Consumers should not suffer, the competition must play but it should be done in a manner which gives full freedom of choice to the consumers”.

Commenting on the emerging technologies, Sharma said, “With the new technologies, there will again be a disruption and the emerging trends will necessitate realigning of the existing regulatory framework. “Regulation should ensure that the technological developments are not throttled but they are allowed to grow.”

Ajit Pai, Chairman, Federal Communications Commission, while highlighting the new technologies in the US said that more than 60 percent of video streaming worldwide is on mobile devices. “We are introducing the concept of WI-FI 6, the next generation of the internet in the US. Another game-changer for the media and entertainment industry will be 5G.” He further said that mobile gaming will be a huge market in the coming years.

Atul Kumar Tiwari, Additional Secretary, Ministry of Information & Broadcasting said that as the lockdown goes away, the discretionary consumption expenditure will also rise, leading to growth in the M&E sector. He further said that the Ministry is in consultation with all concerned stakeholders to get infrastructure status for the broadcasting sector.

Ms. Jyoti Jindgar Bhanot, Secretary I/C, Competition Commission of India (CCI) said that the convergence has brought a lot of efficiencies at the same time it cannot be ruled out that there is room for anti-competitive action.

rediff.com |

COVID-19 has pushed back growth of women's cricket: Mithali

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's Indian Premier League is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES..

Mithali said that she had had talks with the Board of Control for Cricket in India brass with regards to a dedicated calendar for the women's national team.

"However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities."

The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others."

Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Circle of Cricket |

Mithali Raj feels Coronavirus pandemic has pushed back women's cricket growth by 2 years

India Women’s ODI captain Mithali Raj has recently shared her opinion on the possible impact of the ongoing Coronavirus break on the Women’s cricket, saying the COVID-19 pandemic may have damaged the growth of women’s cricket and set the game back by a couple of years.

The legendary India women cricketers also said the momentum created by India’s success at the ODI World Cup in 2017 and the T20 World Cup earlier this year has been lost due to the pandemic.

While the Men’s international cricket has resumed in England on Wednesday (July 8) with the hosts taking on West Indies in a three-match Test series after a three-month Coronavirus-forced break, the Women’s cricket might take some time to return in action.

There has been no female cricket since the T20 World Cup 2020 in Australia where the hosts defeated the India Women to clinch the record fifth coveted trophy in March with final of the showpiece event set a major landmark as 1.1 billion people globally viewed the final while 86000 arrived at the MCG.

Speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES, Mithali said: “Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost.”

The 37-year-old further revealed that she had had talks with the BCCI officials regarding a dedicated calendar for the India women's team while she hopes that the game will return to live soon.

However, the world's highest run-getter in ODI made it clear that a full-fledged Women's IPL still needs at least three years to go on the floor.

The Women’s cricket icon further noted, “However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.”

Raj signed off by saying, “The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL.”

Daily Hunt |

"It's not an artist first economy" argued Sonu Nigam on a panel at E-FICCI Frames 2020

The Indian Music industry has shown consistent growth over the last 3 years and has embraced the digital era. More importantly, the industry is finally out of the shadows of Bollywood/Film music. The non-film / regional music sector has created a pop music industry that reflects the real India. Artists are being discovered from the remotest corners of India and their music is being consumed through multiple touchpoints. The business is set to skyrocket with the growth and proliferation of digital streaming services, devices, and internet mobile platforms. How can the business of music transcend to the next level to keep up with a constantly changing ecosystem?

Day three of E-FICCI Frames saw a panel moderated by Sanjay Tandon, CEO - Indian Singers Rights Association (ISRA) with prominent personalities as panelists such as singer Sonu Nigam, Singer and Composer, Shankar Mahadevan, Prasoon Joshi, Indian lyricist, screenwriter, poet and marketer and CEO of McCann World group India and Chairman APAC (Asia Pacific), Sabbas Joseph, Co-Founder and Director of Wizcraft International Entertainment and Madhura Sreedhar Reddy, Software engineer turned director, producer and distributor.

Setting the context Sanjay Tandon opened the panel with the question that is the Indian Music Industry an artist first economy?

The Top Boss at Wizcraft International, Sabbas Joseph said, "Yes it is an artist first economy, there is exception to that, I would not say an artist but I would say the creators economy. The people who create have become the true masters of what they do and what they can monetize. The beauty is thanks to technology, we all have got democratize the opportunity from creator to consumer has just become natural dribbling and I won't call the many men but every other service that was required earlier has become almost relevant."

"But having said that, everyone can't be the marketer, everyone can't be what the music company does everyone can't be with the event managers does and so, hence, once you might have the opportunity to reach out to the consumer first and straight away you would require all the others working with you in unison, as an ecosystem. The more you work with your ecosystem, the more successful you are and that is the reality."

"My entire submission on the artist first economy is creators and artists need to be conscious that they inquire to work in an ecosystem, so once they look at creating value for themselves which is their first right and you right, they must look at leaving enough value for others are allowing others to create value, alongside so that it is a shared economy, an economy where everyone survives, and everyone prospers." said Sabbas Jospeh.

Being a marketer together and an artist, Prasoon Joshi said, "I am an artist first and since I think I write poetry to express myself.And then there is the world where when you are writing poetry yourself and writing songs and then you encounter the real world and sometimes rather than being in something which should probably and naturally include you and you feel that this our struggle to get into that ecosystem and that is the struggle of artists. Now what has happened is that you have seen the direct connection between the artist and the people, that's the rise as an artist to reach out to the people."

"Eventually deep down you create to resonate with and you want to share, there is something inside of you which you want to show to the word. I feel, probably there are some beautiful great musicians we have never heard, the greatest points we have never heard the greatest illusion we have never heard and maybe they are so self-evolved and satisfied with what they do and even the spiritual desire to share also doesn't exist." said Prasoon Joshi.

Expressing his thoughts on whether it is an artist first economy to which Sonu Nigam said, "I like to keep the straight so there is no artist first economy right now, I am here in Dubai and I am not getting any money sitting at home and we have to dig our own well for water. If I don't perform I don't get it, Shankar and Prasoon might be getting it but in my case I am not."

"If I don't perform in the next one year all my money is going to go and only giving rents and paying my people, so there isn't any artist first economy and Bollywood is still very prominent in the music industry today and I agree to it by 99%." said Sonu Nigam.

Speaking about how recognition plays an important role Shankar Mahadevan said, "I would like to divide my word discussion into two, one is something which is very prominent in our country, and which consumes a lot of energy of the music industry and the perception created by the people is the Bollywood industry. I would say, unfortunately, what is happening in our industry is it's always been the case that, the singer, artist, composer has always not got the deserved kind of recognition that he or she is supposed to get because in front of him there is an hero standing."

"It's a very unique country that someone is singing and someone else is getting the recognition and as far as the Bollywood industry is concerned and so you are dependent on various aspects over there, but I would say in the last four or five years there has been a slight change that's happening where the artist is directly connected to his fans. There are, amazing opportunities available for him or her, and I know of people who are making a living out of not depending on Bollywood they have got their own little world their own YouTube channels where people directly connect with the artists as you are listening to him or her and they are monetizing it also." said Shankar Mahadevan.

Sharing his insights on the same Madhura Sreedhar Reddy said, "I seriously like the word called creator and we are slowly moving towards the creator sector that is for sure, before that most of our music is filmy based music, but for the past four to five years we are right now moving towards independent music. Our independent music revenues are around 10 to 15 percent out of all in all in revenue speaking."

"It is 8% from filmy music and 15% from independent music around five years back, the independent music revenue share was 2%. So, I have now I fully agree with Sabbas, that we are moving towards the creative sector and that is a good sign actually, because previously music labels role was just going to a producer and being a filmmaker I know how it works. You know, but now it is completely moving towards the independent music shortly." Said Madhura Sreedhar Reddy.

Adgully |

Time to revive India's traditional sports

Mr Sandip Pradhan, Director General, Sports Authority of India today said that following the Prime Minister’s call on ‘Vocal for Local’, it is necessary to present India’s traditional games in a new avatar, which will further open up opportunities for Indian start-ups.”

Addressing a session on ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES, Mr Pradhan said, “Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.” He added, “Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business.”

Dr Narinder Dhruv Batra, President, Indian Olympic Association said, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.” Stressing further on corporate partnerships, he said, “We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Ms Mithali Raj, Indian Cricketer, and Former Captain, Indian Women Cricket Team said, “Unfortunately, women’s Cricket may have been set back by a couple of year by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team. The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL”

Mr Sunil Chhetri, Indian Footballer said, “The education sector can play a crucial role in promoting sports in India.” He added, “We must promote sports culture at the grassroot level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise”

Mr Mustafa Ghouse, Former Indian Tennis Player, and Chief Executive Officer, JSW Sports said, “We have invested across sports but private sector participation and funding is at times, inhibited by governance structures and legacy practices of sports bodies. We are exploring technology solutions that can be leveraged to enhance the experience of sport for elite athletes, amateur participants and fans.”

Mr Sanjog Gupta, Chair – FICCI Sports Committee and Sports Product Head – Star India, said, “The structure and models of governance for sport need to be re-designed. Each sport has its own unique realities and needs a custom approach for its growth. It needs to be as much a top-down approach needing re-organisation of the elite level of sport as a bottom up approach involving participation at the grassroots” He added, “The health of a sport depends on its fans and fans need to be at the centre of the sport’s governance models. After all, today’s fans are tomorrow’s athletes.”

The Bridge |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali Raj

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women’s cricket by at least two years. Mithali, Indian women’s ODI captain and the world’s highest run-getter in 50-over cricket, also said that a full-fledged women’s IPL is still at least three years away although a fourth team can be added for the Challenger series.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old Raj said during a webinar. She was speaking at the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women’s national team. “However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team. The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL,” said one of the game’s icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India’s indigenous sports in a new avatar, which will “further open up opportunities for Indian start-ups”. Pradhan spoke about re-setting the priorities. “Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.”

The IOA president Narinder Batra said, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.” Stressing further on corporate partnerships, he said, “We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Live Mint |

No regulatory burden on broadcasters, say officials

There is no regulatory burden on the broadcast industry, senior government officials said on Thursday in the wake of calls from broadcast executives for less control and more ease of doing business.

The new tariff order (NTO) introduced in 2017 may have drawn criticism but was intended to empower consumers and protect the interests of all stakeholders, Telecom Regulatory Authority of India (Trai) chairman R.S. Sharma said on the third day of FICCI Frames, an annual media and entertainment industry event that is being held online this year.

“The basic approach of Trai has always been light touch," Sharma said, echoing a point made by information and broadcasting secretary Amit Khare.

“As long as there is fair play in the market, there is no need for us to intervene but the consumer needs to know the costs and have full freedom of choice," he said.

Consumers could choose and pay for only the channels they wished to watch at maximum retail prices instead of the pre-determined bouquets offered by broadcasters earlier, according to the NTO. The tariff order was expected to make channels cheaper but on the ground the opposite happened and the prices of like-to-like options went up.

The Indian Express |

Didn't hold exams when we had 600 Covid cases, why have it with 7 lakh cases: Aaditya Thackeray

Maharashtra Environment and Tourism Minister Aaditya Thackeray on Thursday defended the state government’s stand on not holding final year or final semester college examinations and held that it is potentially hazardous given the high number of coronavirus cases in the state.

Chief Minister Uddhav Thackeray had written to Prime Minister Narendra Modi on June 25 and urged him to instruct national-level apex authorities to endorse the state’s decision on cancellation of these examinations, and to issue necessary guidelines to universities.

The University Grants Commission, however, has said that all universities must hold final year/final semester exams by the end of September, either offline or online.

But Aaditya asked: “How will you hold exams [at this juncture]? We were in lockdown when we had about 600 cases [in March]. Today, when the country has about 7 lakh cases, we are actually asking children to go out in a congregation and take exams. We are asking teachers who may be 50-60 years, a vulnerable age group [for the virus], to come out and conduct the exams…. All this will lead to congregations of people from different areas, including [those] from containment zones.”

“Why did we not have exams when we had only 600 cases of infection [in March]; why are we doing it now when we have around 7 lakh cases,” he reiterated.

Aaditya also heads Yuva Sena, the Shiv Sena’s youth wing, which has been vocal in its demand for cancellation of exams.

The Sena-Congress-NCP Mahavikas Aghadi government took the decision to scrap final year/final semester exams against the advice of a committee it had set up to make recommendations in the matter.

Aaditya, who was in conversation with Anant Goenka, executive director of The Indian Express Group, at the FICCI FRAMES 2020 programme on Thursday, said: “Due to the flip-flop of UGC from March, many children who have applied [to study] abroad got admissions on aggregate marks. They would miss out an entire year if we hold exams in September. It may take a minimum four or five months for the entire process, and the students will miss out on jobs and education further.”

On the government’s formula for marking final semester/final year students by aggregating their performance in previous semesters, or previous years, he said: “Even after getting the aggregate marks, if they think they want to strive for excellence we will give them an opportunity to take an exam whenever this [lockdown] opens up. We are not taking away the opportunity for anyone to write an academic exam.”

Maharashtra, which has reported nearly 2.3 lakh Covid-19 cases, has extended lockdown until July 31.

Aaditya, a first-time MLA from Worli Assembly constituency in Mumbai, also said that Bollywood ambassadors should not endorse Chinese products in the middle of the LAC tension in Ladakh.

“If there is aggression from another country on our country, that is where we need to take a firm stand and say this is not something our country stands for, and therefore we don’t endorse your products…. Standing with our country and with our government are two different things, but at this time we should stand together as one for the country,” he said.

The Pioneer |

Film industry to shoot at protected sites: Ministry

Days after opening up the ASI monuments for general public, the Union Culture Ministry has decided to allow the film industry to shoot at the protected sites.

"It would be difficult for the film industry to go to foreign destinations at this time when world is swept with Coronavirus pandemic, so we have suggested that they could go to the Northeast states," Union Tourism and Culture Minister Prahlad Patel said at a FICCI event here.

He assured the film industry that that they will get permission to shoot at monuments within 15-20 days of filing their online applications.

"It would also fulfil the Prime Minister’s appeal to people to visit various places in the country. I told them we will give permission in 15 to 20 days. They just have to apply online. I have appealed that it would be great if other than the high footfall sites, they could also shoot at less popular monuments suggested by us to give them a boost as well," he said.

The ASI has over 3,000 monuments and sites that were reopened on July 6 after remaining shut during the coronavirus lockdown.

Currently, filming at ASI sites is permitted, but it involves a lot of paperwork and is time consuming, officials said.

"Since now the film industry cannot shoot abroad, the ministry will help in facilitating permissions from the states. If necessary we will coordinate with the Information and Technology ministry as well," the Minister said.

Presently, the request for filming/ video shoot along with camera crew is to be made by the applicant at least 15 days prior to the proposed date of shoot.

The New Indian Express |

Ministry of Culture, film industry to help revive tourism sector affected due to lockdown: Prahlad Patel

The Ministry of Culture will help coordinate the film industry in getting permission to shoot at country’s iconic Archaeological Survey of India (ASI)-managed sites, said Union Minister of Culture and Tourism Prahlad Singh Patel on Thursday. He was speaking at the FICCI Frames which is being held virtually amid pandemic.

“I have been meeting ASI officials for the past three days. We do not have much role when it comes to films. It has a separate ministry. But as far as the iconic sites are concerned, when filmmakers want to shoot there, it takes a long time to get permissions. We are ready to help the industry in these aspects,” said Patel.

The minister appealed to film industry that the filmmakers should popularise the sites within the country. He appealed to the industry that it should choose Indian destinations for their films rather than exploring places in abroad. “There has not been enough focus on the north-east. Earlier, people would talk about insurgency there. Today, there is no insurgency there,” said Patel.

States have separate rules and those need to be respected, he said. The minister said it varies from states to states, if they prefer quantity tourism to quality of tourism, and the ministry has to move forward with keeping in mind the preference of states.

“The Ministry of Tourism is responsible for coordination. We have held transparent discussions with all stakeholders. States are important too,” he said.

The industry has incurred large-scale losses and the ministry is working on how the industry can emerge strong in the post Covid-19 phase.

“There has been losses; we have to acknowledge that and then move forward,” said Patel.

The News Minute |

What I&B ministry taking over purview of OTT platforms from Meity could mean

OTT platforms in India currently are not regulated, but the Ministry of Information and Broadcasting (I&B) has proposed a change to take over jurisdiction of OTT platforms from the Ministry of Information Technology.

"OTT being a digital platform will fall under the purview of the ministry of IT but now we are proposing a decision that the content should fall within the purview of I&B ministry," ministry of information and broadcasting secretary Amit Khare said during FICCI e-FRAMES.

Khare said that there is a need for various ministries to be converged, especially in the way changes are taking place.

During the webinar, Khare pointed out five media — print, radio, films, TV and OTT, and said that all except OTT are regulated.

Khare also said that regulatory regimes in India have been developed as per the platforms and the country has no regulations as of now for the emerging media like OTT players.

“Different regulatory structures need to be brought in sync with each other. Not to impose more regulation but to liberate them,” he said.

This move, he said, was to create a level playing field among the different media.

“Instead of bringing everyone to the lowest common, the attempt is to have more freedom to all of them. We must try to regulate or rather facilitate the sector. There is definitely a need for a level playing field among the different media. But level playing field does not mean getting everyone under very heavy regulatory structures,” he added.

Content released on OTT platforms such as Netflix, Disney+Hotstar, Amazon Prime and Zee5 do not require a certification by the Central Board of Film Certification. With more series and films going directly to OTT platforms due to the lockdown and the extended shuttering of theatres, this assumes greater significance.

Subscriptions of OTT platforms also surged during the lockdown.

Chatter regarding the regulation of the OTT platform isn’t new. While there has been a tussle regarding whose purview (Meity or I&B) OTT platforms fall under, there have been increasing calls for regulation, which has been resisted.

In February, the Internet and Mobile Association of India, an industry group, came up with a Digital Content Complaints Council (DCCC), an independent adjudicating platform. In March, I&B Minister Prakash Javadekar gave them a 100 day deadline to set up the body as well as finalise the code of conduct.

However, things went sideways. The IAMAI had two tiers of code — while the first had nine signatories, the second had just five.

This code finally could end up influencing the kind of movies and shows available on OTT platforms, how they are censored, and how they are the code could end up affecting the availability of shows and movies on online streaming services, and how shows are possibly censored and subtitled.

Big News Network |

Tourism Ministry to approve film industry to shoot in ASI monuments

Union Minister of State for Culture and Tourism Prahlad Singh Patel on Thursday said that the government will permit the film industry to shoot in ASI monuments and approve their online application within 15-20 days.

Tourism Minister also urged the film industry to shoot in at least two footfall ASI monuments across India.

This will help the people to know about those monuments, he said.

"In FICCI's virtual conference, it was discussed that usually, it takes months and years to get approval for shooting. And during COVID-19, it will be difficult for people of the film industry to go to other countries for shooting," Patel said.

He further suggested, "Instead, they should follow Prime Minister's advice to go to 15 destinations within the country in three years and visit different destinations within the country.""I have requested them to go to the north-eastern and Himalayan states. We will coordinate with them. I have told them to file an online application and then we will form a strategy accordingly. If they apply online, we might permit them within 15-20 days," Tourism Minister added.

The Times of India |

We've received a go-ahead from the Health Ministry to issue SOPs for film shoots: I&B Ministry

In March, film shoots across the world were stalled for an indefinite period. Now three months later, the Ministry of Information and Broadcasting has received approval from the Ministry of Health and Family Welfare to issue the Standard Operating Procedures (SOPs) for film shoots. While several states like Maharashtra have issued the SOPs, other states were waiting for approval from the Ministry of Information and Broadcasting.

During a virtual discussion on 'Economic Impact of the Media & Entertainment Sector: A post-COVID-19 Lens & Way Forward' organised by FICCI Frames TCA Kalyani, Joint Secretary (Films), Ministry of Information and Broadcasting, said that they will be announcing it in one-two days. She said, "We have just received a go-ahead to issue the SOPs for film shoots from the Ministry of Health. We will be issuing the SOPs in a day or two. These SOPs are generic in nature and the states can fine-tune on their end. We will be focussing on social distancing and shooting in non-containment zones and so on. We won't want the film fraternity to lose out on people because of COVID. Therefore, when we start shooting, it should be safe."

She added, "We want the film shoots to resume. Economic activity has anyway resumed, so we can have localised film shoots. Many countries have started film shootings at the local level. With these SOPs maybe we can start in a smaller way."

During the inauguration of FICCI Frames, the Information & Broadcasting minister
Prakash Javadekar had also announced that they will be issuing SOPs soon. He said, "To restart film shoots, we are also coming up with incentives for production in all sectors, including TV serials, filmmaking, co-production, animation, gaming. We will be announcing these measures shortly," said Javadekar addressing the 21st edition of FICCI Frames.

Express Computer |

OTT unique animal, need dedicated rules for sector: Cyber law expert Pavan Duggal

With the content on over-the-top (OTT) platforms being published without any effective central regulation, there is an urgent need for dedicated rules for the video streaming players, one of the nation’s top cyber law experts said.

His views come against the backdrop of reports this week that the Union Ministry of Information & Broadcasting has proposed that online content regulation in India should come under its ambit, not the Ministry of Electronics & Information Technology.

“OTTs qualify to be intermediaries under 2 (1) (w) of the IT Act , 2000 if they are dealing with third party data,” cyber law expert Pavan Duggal told IANS.

Intermediaries are hardly held accountable for the content published on the platform, and are generally subject to the rules set by the platforms themselves.

“But OTTs also have their own content. So the same legal entity shares the features of an intermediary and not being an intermediary at the same time,” Duggal said.

“So there is a need for dedicated rules for the OTT sector. The OTT is a unique animal. You do not have similar kinds of analogies for OTTs elsewhere,” he said, adding that there should be a separate set of rules for self-generated or self-owned content and then there should be a separate regime for third party data.

Information and Broadcasting Secretary Amit Khare said at the FICCI e-FRAMES online convention this week that OTT, being a digital platform, falls under the purview of the IT Ministry “but now we are proposing a decision that the content should fall within the purview of I&B Ministry.”

Moreover, as the content disseminated by OTT platforms do not go through the same regulations that content aired on televisions or released in theatres or published in print, it does not create a level playing field for all the stakeholders.

Many content creators, therefore, take the OTT route to release their content to bypass these regulations.

There have also been complaints that these platforms have taken the liberty to disseminate harmful and erotic content.

“I think the time has come for enabling regulation,” Duggal said, adding that the current IT Act is deficient as it does not provide for major criminal consequences for OTTs.

“Publicly obscene electronic content is an offence under Section 67 of the IT Act. These OTT platforms often publish frontal nudity and erotic content in gross violation of the IT rules and yet, no action gets taken,” he said.

“Very quickly we need to come up with penal sanctions for OTTs who do not comply with minimum parameters,” Duggal said.

Stressing on the need for “enabling” regulation that does not appear to censor the Internet, he said that there is a need for crystal clear norms applicable to OTT platforms because “self-regulation does not work in India”.

India.com |

Coronavirus pandemic may have set back growth of women’s cricket by two years: Mithali Raj

India ODI captain Mithali Raj reckons the coronavirus pandemic may have damaged the growth of women’s cricket and set it back by a couple of years.

Mithali, widely regarded as one of the greatest batter to have played the game, says the momentum created by India’s success at the ODI World Cup in 2017 and the T20 World Cup earlier this year has been lost.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” Mithai said during a webinar.

Speaking at the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES, the 37-year-old revealed that constant discussions are being held with the BCCI to create a firm calendar for India women’s cricket team.

“However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team,” she said.

With India making the final of the T20 World Cup in Australia this year, there were calls for fastracking women’s IPL. However, Mithali says the possibility of a full-fledged league is still 2-3 years away.

“The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL,” she said.

Indian Olympic Association (IOA) president Narinder Batra also attended the seminar and stressed on the importance of corporates supporting Indian sports.

“Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realise that the wave of one athlete performing well can indirectly impact lakhs of others,” Batra said.

“We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort,” he added.

During the webinar, DG (SAI) Sandip Pradhan called for re-inventing and re-working prioritises.

“Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities,” Pradhan said.

“The SAI is organising several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities,” he added.

Silicon India |

'OTT unique animal, need dedicated rules for sector'

With the content on over-the-top (OTT) platforms being published without any effective central regulation, there is an urgent need for dedicated rules for the video streaming players, one of the nation's top cyber law experts said on Thursday.

His views come against the backdrop of reports this week that the Union Ministry of Information & Broadcasting has proposed that online content regulation in India should come under its ambit, not the Ministry of Electronics & Information Technology.

"OTTs qualify to be intermediaries under 2 (1) (w) of the IT Act , 2000 if they are dealing with third party data," cyber law expert Pavan Duggal told IANS.

Intermediaries are hardly held accountable for the content published on the platform, and are generally subject to the rules set by the platforms themselves.

"But OTTs also have their own content. So the same legal entity shares the features of an intermediary and not being an intermediary at the same time," Duggal said.

"So there is a need for dedicated rules for the OTT sector. The OTT is a unique animal. You do not have similar kinds of analogies for OTTs elsewhere," he said, adding that there should be a separate set of rules for self-generated or self-owned content and then there should be a separate regime for third party data.

Information and Broadcasting Secretary Amit Khare said at the FICCI e-FRAMES online convention this week that OTT, being a digital platform, falls under the purview of the IT Ministry "but now we are proposing a decision that the content should fall within the purview of I&B Ministry."

Moreover, as the content disseminated by OTT platforms do not go through the same regulations that content aired on televisions or released in theatres or published in print, it does not create a level playing field for all the stakeholders.

Many content creators, therefore, take the OTT route to release their content to bypass these regulations.

There have also been complaints that these platforms have taken the liberty to disseminate harmful and erotic content.

"I think the time has come for enabling regulation," Duggal said, adding that the current IT Act is deficient as it does not provide for major criminal consequences for OTTs.

"Publicly obscene electronic content is an offence under Section 67 of the IT Act. These OTT platforms often publish frontal nudity and erotic content in gross violation of the IT rules and yet, no action gets taken," he said.

"Very quickly we need to come up with penal sanctions for OTTs who do not comply with minimum parameters," Duggal said.

Stressing on the need for "enabling" regulation that does not appear to censor the Internet, he said that there is a need for crystal clear norms applicable to OTT platforms because "self-regulation does not work in India".

Best Media Info |

Content producers have full freedom to price their content, but the prices shouldn’t be perverse, says TRAI Chairman RS Sharma

The consumer deserves to know the cost of what he or she is consuming and should not suffer, said TRAI Chairman RS Sharma, while addressing an e-session at the ongoing FICCI Frames event.

Talking about the advancement in technology and how regulation has not been able to keep pace with it, Sharma said the approach of TRAI has always been light-touched.

“Convergence of technology in the broadcasting sector would enable optimal utilisation of networks and encourage mergers and acquisition in telecom and broadcasting operations. This will result in an increased competition and cost pressures separation of services and application from the networks, and offer opportunity for innovation to meet the consumer demand,” he said.

Sharma said the NTO implemented in 2018 was also intended at giving the consumers more choices to consume content. “We wanted to ensure that the real choice lies in the hands of the consumer, so that framework was litigated for quite a long time and ultimately in the summer of 2018, we were able to introduce that framework. Now, of course, certain aberrations came out during the implementation, which we rectified in another framework which we typically call as NTO 2.0. I think broadly now we are in a situation where there is complete transparency and we hope that things will play out, subject to these overarching considerations of non-discrimination transparency and bring choice to the consumers.”

Sharma also said the emerging trends will necessitate the realigning of the existing regulatory framework. “What is being done today is not the final word. Ultimately, regulation should kind of ensure that technological developments are not throttled. They are allowed to grow, they are allowed to take place and they are allowed to proceed.”

Addressing the industry’s concern about micro-management and over-regulation of the sector, he said the producers of the content must have the freedom to price the content but can’t price it in a manner that makes it perverse. “The whole thing has to be a balance between consumer choice, industries and the overall health of the sector,” he added.

Another speaker at the panel, Atul Kumar Tiwari, Additional Secretary, Ministry of Information and Broadcasting, said OTT platforms will also be brought under the light-touch policy approach. “We are aware of the problems there and there will certainly be some amount of regulation of streaming content. We have had discussions with OTT providers and asked them to come up with a self-regulatory mechanism.”

“We have given them some time, we expect them to get back to us with their own recipe for regulation,” he said. Tiwari said if there is a great convergence in the future, the whole regulation might need to be re-looked.

Telangana Today |

Coronavirus pushed women’s cricket two years back: Mithali

Indian women’s cricket team captain Mithali Raj feels that the ongoing crisis due to coronavirus pandemic has hit the women’s cricket very hard.

She feels that the break has pushed women’s cricket two years backward. “Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old cricketer said during a webinar at the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

She further revealed that BCCI will have more tournaments for women in the future. “However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team. The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still two-three years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL,” she said.

Business Up Turn |

Shoojit Sircar on FICCI Frames summit: Happy with the performance of Gulabo Sitabo on the digital platform

The Amitabh Bachchan and Ayushmann Khurrana-starrer OTT debut movie was released digitally on June 12 on Amazon Prime Video. Movie director Shoojit Sircar said he is “happy with the way the film has fared on the digital medium so far”. Gulabo Sitabo was the first film to go for a direct-to-digital release, due to the COVID-19 pandemic induced lockdown.

Gulabo Sitabo director addressed the FICCI Frames summit on Thursday and revealed that as a filmmaker he believes in one project at a time policy, and this was the reason he didn’t want to hang on to one movie because it would not be commercially feasible. “There is a freshness and shelf life to a film. I make one film at a time…if I would have waited till August, I would have been in a minus. I have got a very secluded audience,” Sircar said.

He further added that his decision ignited a trend of digital release which is the new normal in these challenging times for the industry. He believes that his experiment with a digital release was successful and is happy with the performance of the film. He further disclosed that the producers were worried that as soon as theatres resume business there would be a rush of film releases and their film might not get a proper theatrical window.

Numbers suggest that the producers of Gulabo Sitabo reportedly earned Rs 65 crore because of the digital release, which is way more than covered for the film’s estimated Rs 35-crore budget. While discussing his future projects and plans, Sircar mentioned that he is aiming for a January 2021 theatrical release for his next movie, Sardar Udham Singh. While the timeline seems a bit daunting to him because the bulk of the post-production work is due currently.

Filmmaker Vikram Malhotra said, choosing for direct-to-digital releases is a “tactical decision” till the time normalcy resumes. Malhotra’s production Shakuntala Devi is all set for digital release on Amazon Prime Video on 31 July. Further, Malhotra added that he doesn’t believe OTT platforms to just be an alternative in the pandemic times since theatres are out of business. OTTs have a global reach and this feature can be exploited to reach broader global audiences with the content. The idea is to principally go “where our customers are”, Malhotra said.

Disney+Hotstar is set to release seven Bollywood productions between July and October starting with late actor Sushant Singh Rajput’s last film, Dil Bechara on July 24. Netflix has also acquired Janhvi Kapoor’s Gunjan Saxena: The Kargil Girl. The subscriptions on OTT platform have seen a stark increase in the lockdown period. Saugata Mukherjee, head of original content at SonyLIV said, “This development seems to be indicative of a habit formation rather than an offshoot of a prolonged lockdown.”

Media News4u |

"It's not an artist first economy" argued Sonu Nigam on a panel at E-FICCI Frames 2020

The Indian Music industry has shown consistent growth over the last 3 years and has embraced the digital era. More importantly, the industry is finally out of the shadows of Bollywood/Film music. The non-film / regional music sector has created a pop music industry that reflects the real India. Artists are being discovered from the remotest corners of India and their music is being consumed through multiple touchpoints. The business is set to skyrocket with the growth and proliferation of digital streaming services, devices, and internet mobile platforms. How can the business of music transcend to the next level to keep up with a constantly changing ecosystem?

Day three of E-FICCI Frames saw a panel moderated by Sanjay Tandon, CEO – Indian Singers Rights Association (ISRA) with prominent personalities as panelists such as singer Sonu Nigam, Singer and Composer, Shankar Mahadevan, Prasoon Joshi, Indian lyricist, screenwriter, poet and marketer and CEO of McCann World group India and Chairman APAC (Asia Pacific), Sabbas Joseph, Co-Founder and Director of Wizcraft International Entertainment and Madhura Sreedhar Reddy, Software engineer turned director, producer and distributor.

Setting the context Sanjay Tandon opened the panel with the question that is the Indian Music Industry an artist first economy?

The Top Boss at Wizcraft International, Sabbas Joseph said, “Yes it is an artist first economy, there is exception to that, I would not say an artist but I would say the creators economy. The people who create have become the true masters of what they do and what they can monetize. The beauty is thanks to technology, we all have got democratize the opportunity from creator to consumer has just become natural dribbling and I won’t call the many men but every other service that was required earlier has become almost relevant.”

“But having said that, everyone can’t be the marketer, everyone can’t be what the music company does everyone can’t be with the event managers does and so, hence, once you might have the opportunity to reach out to the consumer first and straight away you would require all the others working with you in unison, as an ecosystem. The more you work with your ecosystem, the more successful you are and that is the reality.”

“My entire submission on the artist first economy is creators and artists need to be conscious that they inquire to work in an ecosystem, so once they look at creating value for themselves which is their first right and you right, they must look at leaving enough value for others are allowing others to create value, alongside so that it is a shared economy, an economy where everyone survives, and everyone prospers.” said Sabbas Jospeh.

Being a marketer together and an artist, Prasoon Joshi said, “I am an artist first and since I think I write poetry to express myself.And then there is the world where when you are writing poetry yourself and writing songs and then you encounter the real world and sometimes rather than being in something which should probably and naturally include you and you feel that this our struggle to get into that ecosystem and that is the struggle of artists. Now what has happened is that you have seen the direct connection between the artist and the people, that’s the rise as an artist to reach out to the people.”

“Eventually deep down you create to resonate with and you want to share, there is something inside of you which you want to show to the word. I feel, probably there are some beautiful great musicians we have never heard, the greatest points we have never heard the greatest illusion we have never heard and maybe they are so self-evolved and satisfied with what they do and even the spiritual desire to share also doesn’t exist.” said Prasoon Joshi.

Expressing his thoughts on whether it is an artist first economy to which Sonu Nigam said, “I like to keep the straight so there is no artist first economy right now, I am here in Dubai and I am not getting any money sitting at home and we have to dig our own well for water. If I don’t perform I don’t get it, Shankar and Prasoon might be getting it but in my case I am not.”

“If I don’t perform in the next one year all my money is going to go and only giving rents and paying my people, so there isn’t any artist first economy and Bollywood is still very prominent in the music industry today and I agree to it by 99%.” said Sonu Nigam.

Speaking about how recognition plays an important role Shankar Mahadevan said, “I would like to divide my word discussion into two, one is something which is very prominent in our country, and which consumes a lot of energy of the music industry and the perception created by the people is the Bollywood industry. I would say, unfortunately, what is happening in our industry is it’s always been the case that, the singer, artist, composer has always not got the deserved kind of recognition that he or she is supposed to get because in front of him there is an hero standing.”

“It’s a very unique country that someone is singing and someone else is getting the recognition and as far as the Bollywood industry is concerned and so you are dependent on various aspects over there, but I would say in the last four or five years there has been a slight change that’s happening where the artist is directly connected to his fans. There are, amazing opportunities available for him or her, and I know of people who are making a living out of not depending on Bollywood they have got their own little world their own YouTube channels where people directly connect with the artists as you are listening to him or her and they are monetizing it also.” said Shankar Mahadevan.

Sharing his insights on the same Madhura Sreedhar Reddy said, “I seriously like the word called creator and we are slowly moving towards the creator sector that is for sure, before that most of our music is filmy based music, but for the past four to five years we are right now moving towards independent music. Our independent music revenues are around 10 to 15 percent out of all in all in revenue speaking.”

“It is 8% from filmy music and 15% from independent music around five years back, the independent music revenue share was 2%. So, I have now I fully agree with Sabbas, that we are moving towards the creative sector and that is a good sign actually, because previously music labels role was just going to a producer and being a filmmaker I know how it works. You know, but now it is completely moving towards the independent music shortly.” Said Madhura Sreedhar Reddy.

Business Standard |

Technology has changed landscape of broadcasting sector including distribution, production side and entire value chain

R S Sharma, Chairman, Telecom Regulatory Authority of India (TRAI) has said that the technology has changed the landscape of broadcasting sector including the distribution, production side, and entire value chain. Addressing a webinar 'Regulating Creativity: Overcoming Legacy Challenges to Shape the Future of M&E', organized during 'FICCI FRAMES 2020', Sharma said that that technology has been the biggest disruptor. There is a huge convergence happening in this sector and the habits of the people have also seen a change. This has provided new opportunities for growth in the sector.

Sharma said that it is the proliferation of high-speed networks in cheaper, smarter devices that will result in rapid growth of the Video on Demand and the OTT services. Convergence of technology in broadcasting sector would enable optimal utilization of networks and encourage mergers and acquisition in telecom and broadcasting operations.

This will result in an increased competition and cost pressures separation of services and application from the networks, and offer opportunity for innovation to meet the consumer demand. Highlighting the role of competition and safeguarding the consumer interests, Mr Sharma said that the consumer deserves to know the cost of what they are consuming.


The Economic Times |

Film industry welcome to shoot at ASI sites: Minister

As part of the Aatmanirbhar Bharat Abhiyaan, Culture and Tourism Minister Prahlad Patel on Thursday asked the film industry to shoot at ASI-protected sites and assured them that they will get permission to do so within 15-20 days of filing their online applications. "It would be difficult for the film industry to go to foreign destinations at this time, so we have suggested that they could go to the Northeast states," Patel said at a FICCI event here.

"It would also fulfil the PM's appeal to people to visit various places in the country. I told them we will give permission in 15 to 20 days. They just have to apply online. I have appealed that it would be great if other than the high footfall sites, they could also shoot at less popular monuments suggested by us to give them a boost as well," he said.

The Archaeological Survey of India (ASI) has over 3,000 monuments and sites that were reopened on July 6 after remaining shut during the coronavirus lockdown.

Currently, filming at ASI sites is permitted, but it involves a lot of paperwork and is time consuming, officials said.

"Since now the film industry cannot shoot abroad, the ministry will help in facilitating permissions from the states. If necessary we will coordinate with the Information and Technology ministry as well," the minister said.

"It should be our united effort to first travel within our own country. Nothing is as beautiful as India. I want people to know about our ancient culture. We need to promote our country and its sites," he added.

Presently, the request for filming/ video shoot along with camera crew is to be made by the applicant at least 15 days prior to the proposed date of shoot.

Outlook |

Film industry welcome to shoot at ASI sites; permission to be granted within 15-20 days: Minister

As part of the Aatmanirbhar Bharat Abhiyaan, Culture and Tourism Minister Prahlad Patel on Thursday asked the film industry to shoot at ASI-protected sites and assured them that they will get permission to do so within 15-20 days of filing their online applications.

"It would be difficult for the film industry to go to foreign destinations at this time, so we have suggested that they could go to the Northeast states," Patel said at a FICCI event here.

"It would also fulfil the PM's appeal to people to visit various places in the country. I told them we will give permission in 15 to 20 days. They just have to apply online. I have appealed that it would be great if other than the high footfall sites, they could also shoot at less popular monuments suggested by us to give them a boost as well," he said.

The Archaeological Survey of India (ASI) has over 3,000 monuments and sites that were reopened on July 6 after remaining shut during the coronavirus lockdown.

Currently, filming at ASI sites is permitted, but it involves a lot of paperwork and is time consuming, officials said.

"Since now the film industry cannot shoot abroad, the ministry will help in facilitating permissions from the states. If necessary we will coordinate with the Information and Technology ministry as well," the minister said.

"It should be our united effort to first travel within our own country. Nothing is as beautiful as India. I want people to know about our ancient culture. We need to promote our country and its sites," he added.

Presently, the request for filming/ video shoot along with camera crew is to be made by the applicant at least 15 days prior to the proposed date of shoot.

Outlook |

"OTT unique animal, need dedicated rules for them"

With the content on over-the-top (OTT) platforms being published without any effective central regulation, there is an urgent need for dedicated rules for the video streaming players, one of the nation's top cyber law experts said on Thursday.

His views come against the backdrop of reports this week that the Union Ministry of Information & Broadcasting has proposed that online content regulation in India should come under its ambit, not the Ministry of Electronics & Information Technology.

"OTTs qualify to be intermediaries under 2 (1) (w) of the IT Act , 2000 if they are dealing with third party data," cyber law expert Pavan Duggal told IANS.

Intermediaries are hardly held accountable for the content published on the platform, and are generally subject to the rules set by the platforms themselves.

"But OTTs also have their own content. So the same legal entity shares the features of an intermediary and not being an intermediary at the same time," Duggal said.

"So there is a need for dedicated rules for the OTT sector. The OTT is a unique animal. You do not have similar kinds of analogies for OTTs elsewhere," he said, adding that there should be a separate set of rules for self-generated or self-owned content and then there should be a separate regime for third party data.

Information and Broadcasting Secretary Amit Khare said at the FICCI e-FRAMES online convention this week that OTT, being a digital platform, falls under the purview of the IT Ministry "but now we are proposing a decision that the content should fall within the purview of I&B Ministry."

Moreover, as the content disseminated by OTT platforms do not go through the same regulations that content aired on televisions or released in theatres or published in print, it does not create a level playing field for all the stakeholders.

Many content creators, therefore, take the OTT route to release their content to bypass these regulations.

There have also been complaints that these platforms have taken the liberty to disseminate harmful and erotic content.

"I think the time has come for enabling regulation," Duggal said, adding that the current IT Act is deficient as it does not provide for major criminal consequences for OTTs.

"Publicly obscene electronic content is an offence under Section 67 of the IT Act. These OTT platforms often publish frontal nudity and erotic content in gross violation of the IT rules and yet, no action gets taken," he said.

"Very quickly we need to come up with penal sanctions for OTTs who do not comply with minimum parameters," Duggal said.

Stressing on the need for "enabling" regulation that does not appear to censor the Internet, he said that there is a need for crystal clear norms applicable to OTT platforms because "self-regulation does not work in India".

Outlook |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar.

She was speaking at the ''Re-Setting the Sports Ecosystem: Opportunities in The New Normal World'' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team.

"However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities.

Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities."

The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them."

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others."

Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

India Today |

Mithali Raj says Covid-19 may have pushed back growth of women's cricket by 2 years

Legendary Indian skipper Mithali Raj feels the Covid-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar.

She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

A dedicated calendar for women's cricket team: Mithali to BCCI

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team.

"However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities."

IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them."

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others."

Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Money Control |

Always ensured choice lies with the consumer, argues TRAI chief RS Sharma

Telecom Regulatory Authority of India (TRAI) chief RS Sharma, on July 9, said it is difficult for a regulator to strike a balance between consumer interest and objectives of other stakeholders. His comments came as a rebuff against criticism that the agency has been micro-managing broadcast sector and its steps have been detrimental to the latter's interests.

"The objective of TRAI is to ensure the interest of consumers, stakeholders, distributors and creators and ensure there is growth of the sector. Since 2004 to 2017, there were price caps. If you put these price caps, it disincentives producers. Why should I keep any control on pricing? The basic approach of TRAI in regulation has been a light-touch one. We believe that the market is the best determinant of products and services. As long as there is transparency and non-discrimination, we don't need to intervene," he said.

Sharma made these comments at a session of FICCI Frames 2020.

He said, the regulator has always tried to ensure that the choice always lies in the hands of the consumer.

On the evolution of the sector and change in consumption patterns of viewers, Sharma said proliferation of cheap data will drive OTT services.

"Technology has changed the entire landscape of the broadcasting sector. Convergence has started happening in a huge way. This is providing new opportunities for growth and my view is that regulation should ensure that technological developments are not scuttled," he added.

Meanwhile, on the contentious subject of a regulatory structure for OTT platforms, Atul Kumar Tiwari, Additional Secretary, Ministry of Information & Broadcasting, said there has been a discussion with the companies on this topic and the ball is in the court of OTT service providers.

"We invited them to come back to us with some kind of self regulatory mechanism. We have given them some time, 100 days. We expect them to get back to us with their own recipe for regulation. Mr. Khare was emphatic in saying that he wanted a light touch regulation. There will be convergence taking place in the future. Maybe we need to have a relook at regulations. The problem is since it is streaming services, under the regulatory system it comes under the IT Act. I would say we'd like to have a light-touch regulation in place. We would like to have a light-touch regulation but there has to be some kind of regulation on the streaming content," he said.

Orissa Diary |

ASI to give permission for film shooting in archaeological sites in 15-20 days says Prahlad Singh Patel

Mr Prahlad Singh Patel, Minister of State for Tourism and Culture (IC), Govt of India, today said that the Archaeological Survey of India (ASI) is working to give permission for film shooting in archaeological sites in 15-20 days.

Addressing a session ‘In Conversation with Ms Anurradha Prasad, Chairperson and MD, BAG Films and Media Ltd,’ organized during ‘FICCI FRAMES 2020’, Mr Patel said that the government is working with all concerned stakeholders and allied ministries to support the industry during this time. “I would urge the industry to include and promote the unknown historical monuments while planning for film shoots. The Ministry will support the industry by removing the hurdles,” added Mr Patel.

In order to promote tourism through films, he said that Indian film industry should explore more domestic sites, especially in the North East and Himalayan region. “We should all work to ensure that we let our citizens know more about their country. COVID-19 has taught us the importance of Indian lifestyle, which is simple to lead, accessible and healthy,” said Mr Patel.

Highlighting the importance and potential of tourism, Mr Patel said that post COVID, wellness tourism will pick up at a much faster pace. He added that world over, people have started respecting the Indian traditional health techniques.

“It is imperative that we must change our perception about tourism and ensure that our brand image is improved. Initially, we will have a slow start, but I assure you that once we attain the pace, no other country will be able to match us,” said Mr Patel.

Mr Patel also said that to promote tourism, both in India and internationally, states will have to play a major role. “Our states are an important stakeholder and without their support we cannot give safety assurance to our domestic and international tourists. Safety guarantee is a combined effort of all stakeholders,”

Ms Anurradha Prasad, Chairperson and MD, BAG Films & Media Ltd said that FICCI will work with the government to ensure that we strongly promote our Indian traditions and culture across the world.

Yahoo Cricket |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

'Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost,' the 37-year-old Raj said during a webinar.

She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team.

'However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

'The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL,' said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will 'further open up opportunities for Indian start-ups'.

Pradhan spoke about re-setting the priorities.

'Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

'The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.' The IOA president Narinder Batra said, 'Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

'Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.' Stressing further on corporate partnerships, he said, 'We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.'

Yahoo News |

Tourism Ministry to approve film industry to shoot in ASI monuments

Union Minister of State for Culture and Tourism Prahlad Singh Patel on Thursday said that the government will permit the film industry to shoot in ASI monuments and approve their online application within 15-20 days.

Tourism Minister also urged the film industry to shoot in at least two footfall ASI monuments across India.

This will help the people to know about those monuments, he said.

"In FICCI's virtual conference, it was discussed that usually, it takes months and years to get approval for shooting. And during COVID-19, it will be difficult for people of the film industry to go to other countries for shooting," Patel said.

He further suggested, "Instead, they should follow Prime Minister's advice to go to 15 destinations within the country in three years and visit different destinations within the country."

"I have requested them to go to the north-eastern and Himalayan states. We will coordinate with them. I have told them to file an online application and then we will form a strategy accordingly. If they apply online, we might permit them within 15-20 days," Tourism Minister added.

The News Villa |

Mithali Raj says Covid-19 may have pushed back growth of women's cricket by 2 years

Legendary Indian skipper Mithali Raj feels the Covid-19 pressured break may have pushed back the growth of women’s cricket by at the least two years.

Mithali, Indian women’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally stated {that a} full-fledged women’s IPL continues to be at the least three years away though a fourth group could be added for the Challenger collection.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old Raj stated throughout a webinar.

She was talking on the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

A devoted calendar for women’s cricket group: Mithali to BCCI

Mithali stated that she had had talks with the BCCI brass as regards to a devoted calendar for the women’s nationwide group.

“However, we have had discussions with BCCI to attract up a agency calendar for the Indian women’s group in order that followers can commonly cheer for the group.

“The plans have clearly been disrupted however we imagine we are able to re-build rapidly. I believe a full-fledged Women’s IPL continues to be 2-3 years away however we would definitely look to have a fourth group within the Women’s Challenge that’s performed concurrently with the IPL,” stated one of the sport’s icons.

During the webinar, DG (SAI) Sandip Pradhan stated that the emphasis will probably be to current India’s indigenous sports activities in a brand new avatar, which can “additional open up alternatives for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities.

“The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.”

IOA president Narinder Batra stated, “Corporates should undertake at the least one Indian sport and broadcasters should allocate appreciable time to advertise them.

“Companies should notice that the wave of one athlete performing effectively can not directly influence lakhs of others.”

Stressing additional on company partnerships, he stated, “We can’t anticipate the federal government to take upon itself the onus of constructing a world-class sporting surroundings when it’s stretched between the numerous priorities of a creating financial system, that is the place the company India must step in, and it must be a collective effort.”

Top Stories Today |

Mithali Raj says Covid-19 could have pushed again development of ladies's cricket by 2 years

Legendary Indian skipper Mithali Raj feels the Covid-19 compelled break could have pushed again the expansion of ladies’s cricket by not less than two years.

Mithali, Indian ladies’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally stated {that a} full-fledged ladies’s IPL continues to be not less than three years away though a fourth workforce will be added for the Challenger collection.

“Sadly, ladies’s cricket could have been set again by a few years by this pandemic as a number of the momentum that had been constructed between India’s success in World Cup 2017 and World T20 2020 has been misplaced,” the 37-year-old Raj stated throughout a webinar.

She was talking on the ‘Re-Setting the Sports activities Ecosystem: Alternatives in The New Regular World’ at FICCI FRAMES.

A devoted calendar for girls’s cricket workforce: Mithali to BCCI

Mithali stated that she had had talks with the BCCI brass close to a devoted calendar for the ladies’s nationwide workforce.

“Nonetheless, now we have had discussions with BCCI to attract up a agency calendar for the Indian ladies’s workforce in order that followers can usually cheer for the workforce.

“The plans have clearly been disrupted however we consider we are able to re-build shortly. I believe a full-fledged Girls’s IPL continues to be 2-Three years away however we will surely look to have a fourth workforce within the Girls’s Problem that’s performed concurrently with the IPL,” stated one of many sport’s icons.

In the course of the webinar, DG (SAI) Sandip Pradhan stated that the emphasis might be to current India’s indigenous sports activities in a brand new avatar, which is able to “additional open up alternatives for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities.

“The SAI is organizing a number of on-line sports activities courses in affiliation with the Nationwide Sporting Federations, which incorporates interactive classes with younger athletes about their strategies and tips on how to develop their general bodily abilities and psychological talents.”

IOA president Narinder Batra stated, “Corporates should undertake not less than one Indian sport and broadcasters should allocate appreciable time to advertise them.

“Firms should notice that the wave of 1 athlete performing properly can not directly influence lakhs of others.”

Stressing additional on company partnerships, he stated, “We can not count on the federal government to take upon itself the onus of constructing a world-class sporting atmosphere when it’s stretched between the numerous priorities of a creating economic system, that is the place the company India must step in, and it needs to be a collective effort.”

Devdiscourse |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years. Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar. She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team. "However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons. During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups". Pradhan spoke about re-setting the priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. "The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities." The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. "Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others." Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Devdiscourse |

Film industry welcome to shoot at ASI sites; permission to be granted within 15-20 days: Minister

As part of the Aatmanirbhar Bharat Abhiyaan, Culture and Tourism Minister Prahlad Patel on Thursday asked the film industry to shoot at ASI-protected sites and assured them that they will get permission to do so within 15-20 days of filing their online applications. "It would be difficult for the film industry to go to foreign destinations at this time, so we have suggested that they could go to the Northeast states," Patel said at a FICCI event here. "It would also fulfil the PM's appeal to people to visit various places in the country. I told them we will give permission in 15 to 20 days. They just have to apply online. I have appealed that it would be great if other than the high footfall sites, they could also shoot at less popular monuments suggested by us to give them a boost as well," he said

The Archaeological Survey of India (ASI) has over 3,000 monuments and sites that were reopened on July 6 after remaining shut during the coronavirus lockdown. Currently, filming at ASI sites is permitted, but it involves a lot of paperwork and is time consuming, officials said

"Since now the film industry cannot shoot abroad, the ministry will help in facilitating permissions from the states. If necessary we will coordinate with the Information and Technology ministry as well," the minister said. "It should be our united effort to first travel within our own country. Nothing is as beautiful as India. I want people to know about our ancient culture. We need to promote our country and its sites," he added. Presently, the request for filming/ video shoot along with camera crew is to be made by the applicant at least 15 days prior to the proposed date of shoot.

Zee5 |

Sunil Chhetri believes education sector can play 'crucial role' in promoting sports in India

Indian football team skipper Sunil Chhetri believes that the education sector can play a ‘crucial role’ in promoting sports in the country and schools must encourage sports and fitness among students.

Addressing a session on ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES, Chhetri said, “The education sector can play a crucial role in promoting sports in India. We must promote sports culture at the grassroot level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise.”

Women’s cricket team’s Mithali Raj, who was also a part of the session, feels that women’s cricket can “re-build quickly” from this coronavirus pandemic despite admitting the impact of the crisis.

“Unfortunately, women’s Cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team,” Raj said.

“The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL,” she added.

Sports Authority of India (SAI) Director-General, Sandip Pradhan, said they need to re-set, re-invent and re-work their priorities.

“Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities. Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business,” he said.

Whereas, President of the Indian Olympic Association, Narinder Dhruv Batra, said corporates must adopt at least one Indian sport as he stressed that a wave of one athlete performing well can indirectly impact lakhs of others.

“Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakh of others. We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Khabar in Aajtak |

Mithali Raj says Covid-19 may have pushed back growth of women's cricket by 2 years

Legendary Indian skipper Mithali Raj feels the Covid-19 compelled break could have pushed again the expansion of girls’s cricket by at the very least two years.

Mithali, Indian girls’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally stated {that a} full-fledged girls’s IPL remains to be at the very least three years away though a fourth workforce could be added for the Challenger sequence.

“Sadly, girls’s cricket could have been set again by a few years by this pandemic as among the momentum that had been constructed between India’s success in World Cup 2017 and World T20 2020 has been misplaced,” the 37-year-old Raj stated throughout a webinar.

She was talking on the ‘Re-Setting the Sports activities Ecosystem: Alternatives in The New Regular World’ at FICCI FRAMES.

A devoted calendar for ladies’s cricket workforce: Mithali to BCCI

Mithali stated that she had had talks with the BCCI brass on the subject of a devoted calendar for the ladies’s nationwide workforce.

“Nonetheless, we now have had discussions with BCCI to attract up a agency calendar for the Indian girls’s workforce in order that followers can repeatedly cheer for the workforce.

“The plans have clearly been disrupted however we consider we are able to re-build shortly. I feel a full-fledged Girls’s IPL remains to be 2-Three years away however we would definitely look to have a fourth workforce within the Girls’s Problem that’s performed concurrently with the IPL,” stated one of many recreation’s icons.

Through the webinar, DG (SAI) Sandip Pradhan stated that the emphasis can be to current India’s indigenous sports activities in a brand new avatar, which is able to “additional open up alternatives for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities.

“The SAI is organizing a number of on-line sports activities lessons in affiliation with the Nationwide Sporting Federations, which incorporates interactive classes with younger athletes about their strategies and the way to develop their total bodily expertise and psychological talents.”

IOA president Narinder Batra stated, “Corporates should undertake at the very least one Indian sport and broadcasters should allocate appreciable time to advertise them.

“Firms should understand that the wave of 1 athlete performing nicely can not directly affect lakhs of others.”

Stressing additional on company partnerships, he stated, “We can’t count on the federal government to take upon itself the onus of constructing a world-class sporting atmosphere when it’s stretched between the various priorities of a creating economic system, that is the place the company India must step in, and it must be a collective effort.”

24Globe News |

Mithali Raj says Covid-19 might have pushed again progress of ladies's cricket by 2 years

Legendary Indian skipper Mithali Raj feels the Covid-19 pressured break might have pushed again the expansion of ladies’s cricket by a minimum of two years.

Mithali, Indian girls’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally stated {that a} full-fledged girls’s IPL continues to be a minimum of three years away though a fourth group will be added for the Challenger sequence.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old Raj stated throughout a webinar.

She was talking on the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

A devoted calendar for ladies’s cricket group: Mithali to BCCI

Mithali stated that she had had talks with the BCCI brass as regards to a devoted calendar for the ladies’s nationwide group.

“However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team.

“The plans have clearly been disrupted however we imagine we are able to re-build rapidly. I feel a full-fledged Women’s IPL continues to be 2-Three years away however we will surely look to have a fourth group within the Women’s Challenge that’s performed concurrently with the IPL,” said one of the game’s icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India’s indigenous sports in a new avatar, which will “additional open up alternatives for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities.

“The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.”

IOA president Narinder Batra stated, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

“Companies should notice that the wave of 1 athlete performing effectively can not directly influence lakhs of others.”

Stressing further on corporate partnerships, he said, “We can not count on the federal government to take upon itself the onus of constructing a world-class sporting atmosphere when it’s stretched between the various priorities of a growing financial system, that is the place the company India must step in, and it needs to be a collective effort.”

bolly |

FICCI Report - Time to revive India's traditional sports, says Director General, Sports Authority of India

Sandip Pradhan, Director General, Sports Authority of India today said that following the Prime Minister’s call on ‘Vocal for Local’, it is necessary to present India’s traditional games in a new avatar, which will further open up opportunities for Indian start-ups.”Addressing a session on ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES, Mr Pradhan said, “Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.” He added, “Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business.”

Dr Narinder Dhruv Batra, President, Indian Olympic Association said, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.” Stressing further on corporate partnerships, he said, “We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Ms Mithali Raj, Indian Cricketer, and Former Captain, Indian Women Cricket Team said, “Unfortunately, women’s Cricket may have been set back by a couple of year by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team. The plans have obviously been disrupted but we believe we can rebuild quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL”

Sunil Chhetri, Indian Footballer said, “The education sector can play a crucial role in promoting sports in India.” He added, “We must promote sports culture at the grassroot level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise”Mustafa Ghouse, Former Indian Tennis Player, and Chief Executive Officer, JSW Sports said, “We have invested across sports but private sector participation and funding is at times, inhibited by governance structures and legacy practices of sports bodies. We are exploring technology solutions that can be leveraged to enhance the experience of sport for elite athletes, amateur participants and fans.”

Sanjog Gupta, Chair – FICCI Sports Committee and Sports Product Head – Star India, said, “The structure and models of governance for sport need to be re-designed. Each sport has its own unique realities and needs a custom approach for its growth. It needs to be as much a top-down approach needing re-organisation of the elite level of sport as a bottom up approach involving participation at the grassroots” He added, “The health of a sport depends on its fans and fans need to be at the centre of the sport’s governance models. After all, today’s fans are tomorrow’s athletes.”

Pehal News |

Mithali Raj says Covid-19 may have pushed back growth of women's cricket by 2 years

Mithali, Indian women’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally mentioned {that a} full-fledged women’s IPL continues to be not less than three years away though a fourth staff could be added for the Challenger sequence.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old Raj mentioned throughout a webinar.

She was talking on the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

A devoted calendar for women’s cricket staff: Mithali to BCCI

Mithali mentioned that she had had talks with the BCCI brass as regards to a devoted calendar for the women’s nationwide staff.

“However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team.

“The plans have clearly been disrupted however we imagine we will re-build rapidly. I feel a full-fledged Women’s IPL continues to be 2-3 years away however we will surely look to have a fourth staff within the Women’s Challenge that’s performed concurrently with the IPL,” said one of the game’s icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India’s indigenous sports in a new avatar, which will “additional open up alternatives for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities.

“The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.”

IOA president Narinder Batra mentioned, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

“Companies should notice that the wave of one athlete performing nicely can not directly influence lakhs of others.”

Stressing further on corporate partnerships, he said, “We can’t anticipate the federal government to take upon itself the onus of constructing a world-class sporting surroundings when it’s stretched between the numerous priorities of a creating economic system, that is the place the company India must step in, and it must be a collective effort.”

newsd |

'OTT unique animal, need dedicated rules for them'

With the content on over-the-top (OTT) platforms being published without any effective central regulation, there is an urgent need for dedicated rules for the video streaming players, one of the nation’s top cyber law experts said on Thursday.

His views come against the backdrop of reports this week that the Union Ministry of Information & Broadcasting has proposed that online content regulation in India should come under its ambit, not the Ministry of Electronics & Information Technology.

“OTTs qualify to be intermediaries under 2 (1) (w) of the IT Act , 2000 if they are dealing with third party data,” cyber law expert Pavan Duggal told IANS.

Intermediaries are hardly held accountable for the content published on the platform, and are generally subject to the rules set by the platforms themselves.

“But OTTs also have their own content. So the same legal entity shares the features of an intermediary and not being an intermediary at the same time,” Duggal said.

“So there is a need for dedicated rules for the OTT sector. The OTT is a unique animal. You do not have similar kinds of analogies for OTTs elsewhere,” he said, adding that there should be a separate set of rules for self-generated or self-owned content and then there should be a separate regime for third party data.

Information and Broadcasting Secretary Amit Khare said at the FICCI e-FRAMES online convention this week that OTT, being a digital platform, falls under the purview of the IT Ministry “but now we are proposing a decision that the content should fall within the purview of I&B Ministry.”

Moreover, as the content disseminated by OTT platforms do not go through the same regulations that content aired on televisions or released in theatres or published in print, it does not create a level playing field for all the stakeholders.

Many content creators, therefore, take the OTT route to release their content to bypass these regulations.

There have also been complaints that these platforms have taken the liberty to disseminate harmful and erotic content.

“I think the time has come for enabling regulation,” Duggal said, adding that the current IT Act is deficient as it does not provide for major criminal consequences for OTTs.

“Publicly obscene electronic content is an offence under Section 67 of the IT Act. These OTT platforms often publish frontal nudity and erotic content in gross violation of the IT rules and yet, no action gets taken,” he said.

“Very quickly we need to come up with penal sanctions for OTTs who do not comply with minimum parameters,” Duggal said.

Stressing on the need for “enabling” regulation that does not appear to censor the Internet, he said that there is a need for crystal clear norms applicable to OTT platforms because “self-regulation does not work in India”.

Inside Sport |

Mithali Raj feels COVID 19 may have pushed back growth of women’s cricket by 2 years

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women’s cricket by at least two years.

Mithali, Indian women’s ODI captain and the world’s highest run-getter in 50-over cricket, also said that a full-fledged women’s IPL is still at least three years away although a fourth team can be added for the Challenger series.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old Raj said during a webinar.

She was speaking at the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women’s national team.

“However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team.

“The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL,” said one of the game’s icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India’s indigenous sports in a new avatar, which will “further open up opportunities for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

“The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.”

The IOA president Narinder Batra said, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

“Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.”

Stressing further on corporate partnerships, he said, “We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Dumkhum |

Time to revive India's traditional sports: Director General, Sports Authority of India

Mr Sandip Pradhan, Director General, Sports Authority of India today said that following the Prime Minister’s call on ‘Vocal for Local’, it is necessary to present India’s traditional games in a new avatar, which will further open up opportunities for Indian start-ups.”

Addressing a session on ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES, Mr Pradhan said, “Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organising several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.” He added, “Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business.”

Dr Narinder Dhruv Batra, President, Indian Olympic Association said, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.” Stressing further on corporate partnerships, he said, “We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Ms Mithali Raj, Indian Cricketer, and Former Captain, Indian Women Cricket Team said, “Unfortunately, women’s Cricket may have been set back by a couple of year by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team. The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL”

Mr Sunil Chhetri, Indian Footballer said, “The education sector can play a crucial role in promoting sports in India.” He added, “We must promote sports culture at the grassroots level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise”

Mr Mustafa Ghouse, Former Indian Tennis Player, and Chief Executive Officer, JSW Sports said, “We have invested across sports but private sector participation and funding is at times, inhibited by governance structures and legacy practices of sports bodies. We are exploring technology solutions that can be leveraged to enhance the experience of sport for elite athletes, amateur participants and fans.”

Mr Sanjog Gupta, Chair – FICCI Sports Committee and Sports Product Head – Star India, said, “The structure and models of governance for sport need to be re-designed. Each sport has its own unique realities and needs a custom approach for its growth. It needs to be as much a top-down approach needing re-organisation of the elite level of sport as a bottom up approach involving participation at the grassroots” He added, “The health of a sport depends on its fans and fans need to be at the centre of the sport’s governance models. After all, today’s fans are tomorrow’s athletes.”

Dumkhum |

Technology changed the landscape of broadcasting sector, convergence providing new growth opportunities: R S Sharma, Chairman, TRAI

Mr R S Sharma, Chairman, Telecom Regulatory Authority of India (TRAI) today said that the technology has changed the landscape of broadcasting sector including the distribution, production side, and entire value chain.

Addressing a webinar ‘Regulating Creativity: Overcoming Legacy Challenges to Shape the Future of M&E’, organized during ‘FICCI FRAMES 2020’, Mr Sharma said that that technology has been the biggest disruptor. “There is a huge convergence happening in this sector and the habits of the people have also seen a change. This has provided new opportunities for growth in the sector.”

Mr Sharma said that it is the proliferation of high-speed networks in cheaper, smarter devices that will result in rapid growth of the Video on Demand and the OTT services. “Convergence of technology in broadcasting sector would enable optimal utilization of networks and encourage mergers and acquisition in telecom and broadcasting operations. This will result in an increased competition and cost pressures separation of services and application from the networks, and offer opportunity for innovation to meet the consumer demand,” he added.

Mr Sharma said that the approach of TRAI is of a very light touch regulation and we want the market forces to operate. “Market is the best determinant and the best accelerator for adoption of new technology, new demands and satisfying the consumer. Till the time there is fair play, transparency, we don’t intervene,” he added.

Highlighting the role of competition and safeguarding the consumer interests, Mr Sharma said that the consumer deserves to know the cost of what they are consuming. “Consumers should not suffer, the competition must play but it should be done in a manner which gives full freedom of choice to the consumers,” said Mr Sharma.

Commenting on the emerging technologies, Mr Sharma said, “With the new technologies, there will again be a disruption and the emerging trends will necessitate realigning of the existing regulatory framework. “Regulation should ensure that the technological developments are not throttled but they are allowed to grow.”

Mr Ajit Pai, Chairman, Federal Communications Commission, while highlighting the new technologies in the US said that more than 60 percent of video streaming worldwide is on mobile devices. “We are introducing the concept of WI-FI 6, the next generation of internet in the US. Another game-changer for the media and entertainment industry will be 5G.” He further said that mobile gaming will be a huge market in coming years.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of Information & Broadcasting said that as the lockdown goes away, the discretionary consumption expenditure will also rise, leading to growth in M&E sector. He further said that the Ministry is in consultation with all concerned stakeholders to get infrastructure status for the broadcasting sector.

Ms Jyoti Jindgar Bhanot, Secretary I/C, Competition Commission of India (CCI) said that the convergence has brought a lot of efficiencies at the same time it cannot be ruled out that there is room for anti-competitive action.

Mr Vivek Couto, Executive Director & Co-Founder, Media Partners Asia (MPA) moderated the session.

Mumbai News Network |

ASI to give permission for film shooting in archaeological sites in 15-20 days – Prahlad Singh Patel

Mr Prahlad Singh Patel, Minister of State for Tourism and Culture (IC), Govt of India, today said that the Archaeological Survey of India (ASI) is working to give permission for film shooting in archaeological sites in 15-20 days.

Addressing a session ‘In Conversation with Ms Anurradha Prasad, Chairperson and MD, BAG Films and Media Ltd,’ organized during ‘FICCI FRAMES 2020’, Mr Patel said that the government is working with all concerned stakeholders and allied ministries to support the industry during this time. “I would urge the industry to include and promote the unknown historical monuments while planning for film shoots. The Ministry will support the industry by removing the hurdles,” added Mr Patel.

In order to promote tourism through films, he said that Indian film industry should explore more domestic sites, especially in the North East and Himalayan region. “We should all work to ensure that we let our citizens know more about their country. COVID-19 has taught us the importance of Indian lifestyle, which is simple to lead, accessible and healthy,” said Mr Patel.

Highlighting the importance and potential of tourism, Mr Patel said that post COVID, wellness tourism will pick up at a much faster pace. He added that world over, people have started respecting the Indian traditional health techniques.

“It is imperative that we must change our perception about tourism and ensure that our brand image is improved. Initially, we will have a slow start, but I assure you that once we attain the pace, no other country will be able to match us,” said Mr Patel.

Mr Patel also said that to promote tourism, both in India and internationally, states will have to play a major role. “Our states are an important stakeholder and without their support we cannot give safety assurance to our domestic and international tourists. Safety guarantee is a combined effort of all stakeholders,” Ms Anurradha Prasad, Chairperson and MD, BAG Films & Media Ltd said that FICCI will work with the government to ensure that we strongly promote our Indian traditions and culture across the world.

My Khel |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali Raj

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar.

She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team. “However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can rebuild quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities. "Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities."

The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others."

Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Best Media Info |

Deregulate entire TV broadcasting sector instead of regulating OTT, say top broadcasters

Though the government is batting for a regulatory structure for OTT platforms, the industry is pitching for an overall of the broadcasting sector, which includes removing unnecessary regulatory hurdles.

During a panel discussion at the e-version of FICCI Frames, industry veterans said over-regulation has nearly killed the sector.

“Regulators should help linear television by deregulating it instead of focusing on regulating OTT content so that there is a balance there,” said Avinash Pandey, CEO, ABP Network, at Day 2 of e-FICCI Frames 2020. Pandey also said the over-regulations have made it impossible for them to sell pay channels and caused an over-dependence on advertising. Pandey said the micro-management of the industry must stop. “You don't do it for any other industry so why are you doing it for television?” he said.

Megha Tata, Managing Director, South Asia, Discovery Asia-Pacific, said the Indian M&E industry is one of the most regulated in the world. “We are such a heavily regulated sector, even to do some basic change in our organisations we have to take permission. So I think there is a need for a light-touch policy in the country, which we have been talking about,” she added. She said this needs to be done so that the industry grows in a healthy way.

Tata spoke about the regulatory practices adopted by other countries that allow them to grow and said broadcasters in India have no control. “Look at countries like Netherlands, US and the UK, they are all following a lighter adopted or light-touch regulatory approach, which has helped promote competition and growth of the industry. None of these countries has had regulations fixing pricing or discounting of the channels, in general, and these broadcasters have larger freedom to negotiate contracts with operators for the sale of the channel packages and these are very evolved economies and evolved industries in these countries.”

The panel spoke about the need for a shared infrastructure. “I think it's time now, especially in the backdrop of Covid-19 for MIB to now notify the infrastructure sharing,” said Vynsley Fernandes, Chief Executive Officer, Induslnd Media and Communications.

Telecom and broadcast are two very different businesses, agreed the panel. “Look at the telecom industry regulations, and look at regulation of the broadcast industry. Every single regulation for the broadcast industry has ended in litigation. While in the telecom industry, it has not. It has been smoothly accepted,” said Pandey.

He said despite there being self-regulation in the broadcast industry, the news players suffer from a larger number of complaints that they have to clarify. “Unfortunately in India, because it’s a country of complaints and bans, everybody wants a say in what content you’re running. The largest department, if you go to any news channel, is the department that deals with the complaints. Because we have created a self-regulatory body, the News Broadcasting Standards Authority; we receive complaints.” He gave the example of the Pulwama attack incident and said a video that was being widely shared on social media had to be restrained from being aired on news channels.

Pandey pointed out the need for the regulator to help broadcasters during the crisis and said despite the government clarifying we come under the essential services, jobs were lost. “These essential services were shut down, people died. People got infected with Covid, their entire family got infected. We are still struggling with people's infection. People lost jobs, what has the regulator done?” said Pandey.

The panel discussed and agreed on the advantages of bringing in an independent regulator controlled by society in the frame. However, Fernandes said the industry does need a strong regulator. “You do need someone who deals with the industry with a firm hand. Having said that, there is nothing wrong with expanding that panel to include experts from the industry,” he said.

Media News4u |

OTT and Theatre shall and will co-exist: Expert Panel at FICCI Frames 2020

Gulabo Sitabo was the first Hindi movie to bypass a theatrical release and premiere directly onto OTT, which was much to the consternation of exhibitors who have threatened retaliatory action; while this happened under the Covid-19 situation all over the world, experts spoke about how OTT and movie theatres shall co-exist without OTT being a long-term threat to movie theatres.

On day 3 of E-FICCI FRAMES, a panel discussion titled, Changing Theatrical Windows – Direct to OTT was moderated by Film Trade Analyst & Journalist Taran Adarsh, The panel consisted of some biggies such as Vikram Malhotra, Founder – Abundantia Entertainment Pvt Ltd, Saugata Mukherjee, Head of Original Content – SonyLIV, Shoojit Sircar, Film Director and Producer, Madhur Bhandarkar, Film Director, Carter Pilcher, CEO – Shorts TV, UK and Filmmaker Ram Madhvani.

Setting the context moderator Taran Adarsh said, “With OTT being the new norm which is what everyone these days is talking about within and outside the film industry.If this continues for a longer time, more and more films may come or premiere on the digital platforms.”

Speaking about what prompted a film like ‘Gulaabo Sitaabo’to take the OTT route Director Shoojit Sircar said, “I think when I started making ‘GulaaboSitaabo’ of course it was a theatrical film and I shot the film to be conceived like a theatrical release. As a filmmaker I can’t even think of making a film without thinking of a theatre. The movie was all ready and set and the big event was set for January, but I think we all know what happened so unfortunately, that’s when my radars were all active that should I hold on to the film or should I sit with it.”

“I am thankful that Amazon treated ‘Gulaabo Sitaabo’ as a big event; normally it doesn’t happen this way, it just gets released, but so far I am quite happy the way it has fared on the digital medium and the reactions that I have got. It was quite a deliberate attempt and I’m still understanding this experiment, it just been four weeks that film has released. I am still breathing it and let’s see in future what else I am going to experiment with.” said Sircar.

Another big Bollywood film, Shakuntaladevi which is also slated for a direct to OTT release had its producer Vikram Malhotra on the panel. Malhotra said, “The movie was written, conceived and was in post-production as a theatrical film; we even announced the release date on the 8th of May in the public domain. But for me and the team that was involved in the decision, it was really very simple because this shift from of theatrical window and going straight to digital is actually a win-win situation from where we are looking at it.”

“A film on digital gets treated with the same respect as a theatrical release and most importantly, there are two considerations which we kept in mind and my director Anu Menon and my lead talent in the form of Vidya Balan and Sanya Malhotra unequivocally supported this one.” said the producer of the film.

Speaking about the releases of 6 new movies on Disney+Hotstar and its significance to the industry, Producer-Director Madhur Bhandarkar said, “We have to look into a larger perspective, I feel what the other panelist said that this is very pragmatic very practical in studio of filming lying in a limbo situation that you don’t know what is the outcome and the pandemic is not only in India but is global.”

“With the kind of investment that is there so many friends of mine who have made movies and interest rates are going from the bank or private funders and it is basically a very bad situation and in today’s times, we don’t know how long it’s going to prolong and how long it will take for the theatres to open and will people will come or the fear psychosis will be there.”

“A lot of movies are getting released on OTT platforms and it is a need of the hour and it is not only in India but globally, people are trying to reach out to the OTT platforms obviously and with money being there and people wanting to see new stuff sitting at home in lockdown.I think this is definitely a phase.” said Madhur Bhandarkar.

Bringing in the very important OTT point of view, the Original Content boss of SonyLIV, Saugata Mukherjee said, “These are unreal times and no one really planned for it and people have had to take some pragmatic decisions. Theatres are not going anywhere but let’s look at the positive side; atleast you have the OTT platforms today to take on the finesse of getting your film across to your audience.”

Sharing the bright side of taking films directly onto OTT platforms, Director of the latest Disney+Hotstar Original Aarya Ram Madhvani said, “There is a line in ‘Aarya’ which says ‘trust is good, but control is better’ and I am going to change that line and I’m going to say, ‘trust is good but remote control is better’ because what has now happened is that you have given the power actually and truly to the audience, you are no longer asking me as an audience and all of us who are also makers and audiences.”

Contributing from the short-film viewer behavior perspective, ShortsTV’s CEO Carter Pilcher said, “We straddle both in the theatrical side and the OTT side, we released all Oscar-nominated short films into a big theatrical release in the United States and I think all of us would like to keep theatres alive, all this huge growth that we are seeing in OTT platforms and I think it’s coming in lots of genre and we are seeing it across genres, but especially more in family genre but I think one of the outcomes of this pandemic is that people are far experimenting with new genres and we have seen a 40% people experimenting with ShortsTV.”

While these are unprecedented times, I am sure all of us miss going to watch movies on the big-screen with a big tub of popcorn. While OTT has proved to be the saviour for movie producers, when the world once again becomes a happier place to live; films shall be first released at movie theatres and then onto TV and Digital. The panel too closed on the thought that OTT & Theatre shall and will co-exist.

Screen Daily |

Indian producers won't abandon theatres despite OTT premieres, says FICCI Frames panel

India’s theatrical market is not going anywhere, despite the current trend for theatrical films to premiere on OTT platforms, said speakers on a panel at the on-going virtual edition of FICCI Frames (July 7-11).

During a session entitled ‘Changing Theatrical Windows – Direct To OTT’, director-producer Shoojit Sircar said he had no other option apart from releasing his latest film, Gulabo Sitabo, on Amazon Prime Video, as Indian theatres have been closed since mid-March due to the Covid-19 pandemic and there’s a limit to how long any producer can sit on a film.

“Of course it was conceived and shot for theatrical release, as a filmmaker I can’t think of making a film without a theatre, but the release was set for April 17 and we all know what happened,” Sircar said. “We thought there would be a bottleneck [when cinemas finally reopen], and we didn’t know where and when my film would eventually be placed, but every film has a shelf life and there’s the issue of freshness to also consider.”

Vikram Malhotra, founder of Abundantia Entertainment, which is premiering Anu Menon’s Shakuntala Devi on Amazon Prime Video, concurred the film was also conceived for theatrical distribution (with a date set for May 8), but with theatres closed, there was no alternative but to release it online. He added that Amazon had treated the film with “the same respect as a theatrical release” and it had reached 200 markets rather than the 20 or so territories usually covered by a traditional diaspora release for a Hindi-language film.

“We wanted to take the film to global consumers of Hindi content when it was still fresh, not 12-14 months later, and give them the opportunity to engage with that content when not much else was coming their way, ” said Malhotra. “Plus an investment has been made, and there’s a whole value chain from the director and lead talent to the spot boys and other crew members, for whom it’s beneficial to be compensated on time.”

Gulabo Sitabo, starring Amitabh Bachchan and Ayushmann Khurrana, and Shakuntala Devi, a biopic of the Indian maths genius of the same name, are among seven titles that are premiering on Amazon, prompting an immediate backlash from India’s shuttered cinema chains.

Rival streaming platform Disney+Hotstar has also announced that it is premiering several films initially intended for theatrical release, including Dil Bechara, starring late actor Sushant Singh Rajput who recently took his own life, and Laxmmi Bomb, starring Akshay Kumar. Netflix has been producing its own Indian-language movies, but also recently picked up Gunjan Saxena: The Kargil Girl, starring Janhvi Kapoor.

However, the speakers agreed that OTT premieres of theatrical titles is only a temporary solution and that Indian filmmakers still wanted to see their work on the big screen. “This is definitely just a phase, and whenever the vaccine comes along, theatres will remain as strong as ever, just as they did after the launch of cable TV,” said director-producer Madhur Bhandarkar (Fashion, Traffic Signal). “We just need to be pragmatic – if you’re only making one film at a time, and need the returns for your next project, then of course you need a way to recoup.”

SonyLIV’s head of original content Saugata Mukherjee, the only representative of India’s streaming platforms on the panel, agreed with the filmmakers that “theatres are not going anywhere” and there will always be “spectaculars that do need the theatre”, but he added that “a certain kind of film can find a first window on OTT platforms rather than theatres”. The speakers also discussed how crowded India’s theatrical releasing calendar can be during normal times – with only 52 weekends in a year but a flood of content from the Hindi and regional-language film industries, as well as US studio titles and other films from overseas.

Ram Madhvani, a film director whose first drama series Aarya recently premiered on Disney+Hotstar, outlined several reasons why Indian filmmakers have been experimenting with episodic formats in the past few years, including more freedom from censorship and avoiding the tyranny of immediate judgement on opening days. “My first thought was that I could escape the Friday mafia, who might tell me I’m just a one-film guy, as we can spend several years on one project and have our careers destroyed in just one day,” said Madhvani. ”But of course, now I have to consider the Season Two mafia.”

Carter Pilcher, CEO of the UK’s Shorts TV, explained how the short film medium is gaining traction on streaming platforms and helping to build the brand of individual filmmakers, even with star-obsessed Indian audiences: “We just launched an app with 4,000 shorts, which we’re testing in the US, and we’re seeing some directors build a huge following. [Indian director] Anurag Kashyap makes a lot of short films and we see audiences following him as a director, rather than focusing on stars.”

FICCI Frames is running until July 11 with upcoming sessions exploring the impact of Covid-19 on the media industry, international distribution of Indian content and how Indian cinemas will cope with social distancing measures when they finally reopen.

Global Prime News |

Time to revive India's traditional sports: Director General, Sports Authority of India

Mr Sandip Pradhan, Director General, Sports Authority of India today said that following the Prime Minister’s call on ‘Vocal for Local’, it is necessary to present India’s traditional games in a new avatar, which will further open up opportunities for Indian start-ups.”

Addressing a session on ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES, Mr Pradhan said, “Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.” He added, “Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business.”

Dr Narinder Dhruv Batra, President, Indian Olympic Association said, “Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others.” Stressing further on corporate partnerships, he said, “We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.”

Ms Mithali Raj, Indian Cricketer, and Former Captain, Indian Women Cricket Team said, “Unfortunately, women’s Cricket may have been set back by a couple of year by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women’s team so that fans can regularly cheer for the team. The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women’s IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women’s Challenge that is played concurrently with the IPL”

Mr Sunil Chhetri, Indian Footballer said, “The education sector can play a crucial role in promoting sports in India.” He added, “We must promote sports culture at the grassroot level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise”

Mr Mustafa Ghouse, Former Indian Tennis Player, and Chief Executive Officer, JSW Sports said, “We have invested across sports but private sector participation and funding is at times, inhibited by governance structures and legacy practices of sports bodies. We are exploring technology solutions that can be leveraged to enhance the experience of sport for elite athletes, amateur participants and fans.”

Mr Sanjog Gupta, Chair – FICCI Sports Committee and Sports Product Head – Star India, said, “The structure and models of governance for sport need to be re-designed. Each sport has its own unique realities and needs a custom approach for its growth. It needs to be as much a top-down approach needing re-organisation of the elite level of sport as a bottom up approach involving participation at the grassroots” He added, “The health of a sport depends on its fans and fans need to be at the centre of the sport’s governance models. After all, today’s fans are tomorrow’s athletes.”

Adgully |

Keeping attribution at the forefront of conversation

Measuring the efficacy of advertising spends will become even more critical for companies as they navigate their recovery, given that there will be significant pressure on their cash flows and liquidity positions. How can the various M&E segments respond to these enhanced requirements on attribution? How can measurement become timelier and more precise for brands?

These issues were taken up for discussion on Day 2 of the virtual FICCI Frames conference in the session titled ‘Attribution at the forefront of Conversation’. Moderated by Ashish Pherwani, Partner, Media & Entertainment Advisory Services, ‎Ernst & Young, the panellists included Tushar Vyas, President, GroupM; Sunil Lulla, CEO, BARC India; and Soum Paul, Founder & CEO, Home Screen Network.

In his opening remarks, Tushar Vyas, President, GroupM, pointed out how advertising is not an easy task, given the shifts in consumer patterns even in the digital era. He noted how the consumer journey today has become even more complex in terms of the number of touchpoints. This poses a challenge not only to traditional media such as television and radio, but also to digital media platforms.

Elaborating on the numerous and complex issues that one faces in the digital environment, Vyas pointed out that companies have to analyse tons and tons of data in order to resolve the basic problem that the industry is facing. With companies being at different stages of maturity, Vyas listed three strong components that companies need to have – the first being business requirement, followed by the data along with the right tool and resources, and thirdly, the right talent.

Soum Paul, Founder & CEO, Home Screen Network, also noted the presence of multiple digital media platforms, wherein it is complex to actually slice and dice the data coming in from these platforms. According to him, the next hurdle is assimilating the data after analysis and advertising the product as per the target audience. “Attribution here plays an important role, where the correct analysis of the target audience and having interactivity is pertinent,” Paul stressed. He further said that the next in line that needed consideration was the medium that would be suitable, considering the price involved in advertising the product, that is, price segmentation.

Agreeing with Paul, Sunil Lulla, CEO, BARC India, emphasised that prioritising the target audience was an equation which must be taken into consideration. He said, “You’ve got to be able to prioritise your audiences, the nature of audience, and the proposition you put over there has to be different from the proposition that you put on digital, because you can actually treat the analytics differently.”

Return on Investment (ROI) has been an important talk point for the advertising industry, especially during the lockdown period due to the COVID-19 crisis. Vyas noted that there was a time when Digital and Television were pitted against each other. However, today the discussion has become irrelevant as it the consumer who is the king here. “The drifting of the consumer from one screen to another is something which needs to be taken into account. If one would look at the last 12 weeks, there has been a steep rise in television consumption. The reason being that with shootings being at a standstill since the last week of March, the consumer has smoothly drifted towards the reruns of the old shows on television. A case in point is the rerun of ‘Ramayana’ on Doordarshan, which garnered massive viewership. The channel has never received such kind of viewership since 1986. At the same time, content consumption on digital was growing parallely on individuals’ devices,” Vyas remarked. He further said that Cinema and Print media were the worst hit by this.

With the changing dynamics, Lulla said that the biggest challenge is deciding on what is the agreeable metrics around digital and television. “If you want to look for unification, you cannot say that those two seconds are acceptable. So, if you multiply two seconds by 15, it is 30 and, therefore, 130 seconds of television is 15 times on digital. But that’s not true, right?” he asked.

Stating that revenue generation is the central factor, Paul said, “The funnel from content to commerce is something that we feel is central to the composition of how advertising ROI is.”

When it comes to advertising, choosing the right medium which attracts more audience and expending on the same is the centre point. As Vyas stated, “The conversation right now is about what it is going to do to my business, what it is going to do to my brand. Those are becoming the indicators for business impact.”

Advertising should take into account the region where it will be set. For instance, advertising a product in the West would not be relevant in the Indian context and requires to be remade. Thus, amassing the wealth of data, its analysis accurately and advertising on the basis of the target audience while considering the expenditure of the same need to be considered.

East Coast Daily |

"Nearly a million people in Media and Entertainment may lose jobs",says Google India

Indian media and entertainment industry could reach $100 billion by 2030, said Sanjay Gupta, country manager and vice-president of sales and operations at Google India, on Tuesday.

“This is a moment for us as an industry to usher in a fundamental shift in the way the M&E sector works and is perceived by the world. I believe and all of us in the FICCI M&E committee believe that we can be a 100-billion-dollar industry by 2030,” he said at a session of the Federation of Indian Chambers of Commerce & Industry (FICCI)’s Frames event.

Talking about the impact on the media and entertainment industry due to the coronavirus-related lockdown, Gupta, who is the chairman of FICCI’s Media and Entertainment Committee, said the industry revenue this year was likely to fall to $15 billion from $20 billion last year.
“An even bigger challenge is the impact on jobs and the livelihood of those impacted. As we find ways to adapt to these new levels, it is estimated that around 20 per cent of our workforce may lose their jobs, potentially impacting nearly a million people,” he added.

However, he urged the film industry to think beyond creating just for the domestic market. “When it comes to films, India gets less than seven per cent of its revenues from overseas markets. Hollywood, in contrast, earns almost 70 per cent from the global markets. Despite years of applause for Bollywood from various corners of the world, we have still not managed to create a truly global market for our creative work,” Gupta said.
He further suggested forward looking policy initiatives like simplifying the taxation framework for the media and entertainment industry, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games.

“In the short term, we do need to expedite some of the policy decisions which can help in the sector’s recovery. We need to possibly resolve some of the critical issues like tax burden on DTH and radio. We could also look at allowing theaters to be used for multiple activities like showing sports games or educational activities to maximize capital utilization and looking at local taxation to see if we can eliminate it. Broadcasting sector will benefit by ensuring light touch regulation. We can also think of using CSR money for advertising products and services which are beneficial to society today in these unique times. In my mind, it is not about giving cash benefits, but enabling the industry to continue on the recovery path,” Gupta said.

News BBT |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali Raj

Legendary Indian skipper Mithali Raj feels the COVID-19 pressured break may have pushed back the growth of women’s cricket by at the very least two years.

Mithali, Indian women’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally mentioned {that a} full-fledged women’s IPL remains to be at the very least three years away though a fourth staff may be added for the Challenger collection.

“Unfortunately, women’s cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India’s success in World Cup 2017 and World T20 2020 has been lost,” the 37-year-old Raj mentioned throughout a webinar.
She was talking on the ‘Re-Setting the Sports Ecosystem: Opportunities in The New Normal World’ at FICCI FRAMES.

Mithali mentioned that she had had talks with the BCCI brass on the subject of a devoted calendar for the women’s nationwide staff.

“However, we have had discussions with BCCI to attract up a agency calendar for the Indian women’s staff in order that followers can usually cheer for the staff.

“The plans have clearly been disrupted however we imagine we will rebuild shortly. I believe a full-fledged Women’s IPL remains to be 2-Three years away however we will surely look to have a fourth staff within the Women’s Challenge that’s performed concurrently with the IPL,” mentioned one of the sport’s icons.

During the webinar, DG (SAI) Sandip Pradhan mentioned that the emphasis might be to current India’s indigenous sports activities in a brand new avatar, which can “additional open up alternatives for Indian start-ups”.

Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities.

“The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities.”

The IOA president Narinder Batra mentioned, “Corporates should undertake at the very least one Indian sport and broadcasters should allocate appreciable time to advertise them.

“Companies should understand that the wave of one athlete performing effectively can not directly influence lakhs of others.”

Stressing additional on company partnerships, he mentioned, “We can’t count on the federal government to take upon itself the onus of constructing a world-class sporting setting when it’s stretched between the numerous priorities of a growing financial system, that is the place the company India must step in, and it must be a collective effort.”

Unique News Online |

COVID-19 may have pushed back growth of women's cricket by 2 years, says Mithali Raj

Legendary Indian skipper Mithali Raj feels the COVID-19 pressured break could have pushed again the expansion of ladies’s cricket by at the very least two years.

Mithali, Indian ladies’s ODI captain and the world’s highest run-getter in 50-over cricket, additionally mentioned {that a} full-fledged ladies’s IPL remains to be at the very least three years away though a fourth staff may be added for the Challenger collection.

“Sadly, ladies’s cricket could have been set again by a pair of years by this pandemic as some of the momentum that had been constructed between India’s success in World Cup 2017 and World T20 2020 has been misplaced,” the 37-year-old Raj mentioned throughout a webinar. She was talking on the ‘Re-Setting the Sports activities Ecosystem: Alternatives in The New Regular World’ at FICCI FRAMES. ICC Reschedules Asia Cup 2020 Due To Coronavirus Pandemic, Sri Lanka To Host the Event Subsequent 12 months.

Mithali mentioned that she had had talks with the BCCI brass with reference to a devoted calendar for the ladies’s nationwide staff. “Nevertheless, we’ve had discussions with BCCI to attract up a agency calendar for the Indian ladies’s staff in order that followers can often cheer for the staff.

“The plans have clearly been disrupted however we imagine we will re-build rapidly. I feel a full-fledged Women’s IPL remains to be 2-Three years away however we will surely look to have a fourth staff within the Women’s Problem that’s performed concurrently with the IPL,” mentioned one of the sport’s icons.

In the course of the webinar, DG (SAI) Sandip Pradhan mentioned that the emphasis will likely be to current India’s indigenous sports activities in a brand new avatar, which can “additional open up alternatives for Indian start-ups”. Pradhan spoke about re-setting the priorities.

“Being bodily whereas leveraging digital is the brand new regular, so we have to re-set, re-invent and re-work our priorities. “The SAI is organizing a number of on-line sports activities lessons in affiliation with the Nationwide Sporting Federations, which incorporates interactive periods with younger athletes about their methods and learn how to develop their general bodily abilities and psychological skills.”

The IOA president Narinder Batra mentioned, “Corporates should undertake at the very least one Indian sport and broadcasters should allocate appreciable time to advertise them. “Firms should understand that the wave of one athlete performing properly can not directly affect lakhs of others.”

Stressing additional on company partnerships, he mentioned, “We can’t count on the federal government to take upon itself the onus of constructing a world-class sporting setting when it’s stretched between the numerous priorities of a creating economic system, that is the place the company India must step in, and it must be a collective effort.”

Fact News |

Sunil Chhetri believes education sector can play 'crucial role' in promoting sports in India

Indian football team skipper Sunil Chhetri believes that the education sector can play a 'crucial role' in promoting sports in the country and schools must encourage sports and fitness among students.

Addressing a session on 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES, Chhetri said, "The education sector can play a crucial role in promoting sports in India. We must promote sports culture at the grassroot level and schools must encourage sports and fitness among students by making sports facilities available and dedicating more time during the school-day to sporting activities instead of treating it as a customary exercise."

Women's cricket team's Mithali Raj, who was also a part of the session, feels that women's cricket can "re-build quickly" from this coronavirus pandemic despite admitting the impact of the crisis.

"Unfortunately, women's Cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost. However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team," Raj said.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," she added.

Sports Authority of India (SAI) Director-General, Sandip Pradhan, said they need to re-set, re-invent and re-work their priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities. Sports Authority of India is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities. Even when the pandemic is over, these new initiatives would open previously unthought-of avenues to increase business," he said.

Whereas, President of the Indian Olympic Association, Narinder Dhruv Batra, said corporates must adopt at least one Indian sport as he stressed that a wave of one athlete performing well can indirectly impact lakhs of others.

"Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them. Companies must realize that the wave of one athlete performing well can indirectly impact lakh of others. We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Times of Republic |

Tourism Ministry to approve film industry to shoot in ASI monuments

Union Minister of State for Culture and Tourism Prahlad Singh Patel on Thursday said that the government will permit the film industry to shoot in ASI monuments and approve their online application within 15-20 days.

Tourism Minister also urged the film industry to shoot in at least two footfall ASI monuments across India.

This will help the people to know about those monuments, he said.

“In FICCI’s virtual conference, it was discussed that usually, it takes months and years to get approval for shooting. And during COVID-19, it will be difficult for people of the film industry to go to other countries for shooting,” Patel said.

He further suggested, “Instead, they should follow Prime Minister’s advice to go to 15 destinations within the country in three years and visit different destinations within the country.”

“I have requested them to go to the north-eastern and Himalayan states. We will coordinate with them. I have told them to file an online application and then we will form a strategy accordingly. If they apply online, we might permit them within 15-20 days,” Tourism Minister added.

Sprit of Mumbai |

ASI to give permission for film shooting in archaeological sites in 15-20 days - Prahlad Singh Patel

Mr Prahlad Singh Patel, Minister of State for Tourism and Culture (IC), Govt of India, today said that the Archaeological Survey of India (ASI) is working to give permission for film shooting in archaeological sites in 15-20 days.

Addressing a session ‘In Conversation with Ms Anurradha Prasad, Chairperson and MD, BAG Films and Media Ltd,’ organized during ‘FICCI FRAMES 2020’, Mr Patel said that the government is working with all concerned stakeholders and allied ministries to support the industry during this time. “I would urge the industry to include and promote the unknown historical monuments while planning for film shoots. The Ministry will support the industry by removing the hurdles,” added Mr Patel.

In order to promote tourism through films, he said that Indian film industry should explore more domestic sites, especially in the North East and Himalayan region. “We should all work to ensure that we let our citizens know more about their country. COVID-19 has taught us the importance of Indian lifestyle, which is simple to lead, accessible and healthy,” said Mr Patel.

Highlighting the importance and potential of tourism, Mr Patel said that post COVID, wellness tourism will pick up at a much faster pace. He added that world over, people have started respecting the Indian traditional health techniques.

“It is imperative that we must change our perception about tourism and ensure that our brand image is improved. Initially, we will have a slow start, but I assure you that once we attain the pace, no other country will be able to match us,” said Mr Patel.

Mr Patel also said that to promote tourism, both in India and internationally, states will have to play a major role. “Our states are an important stakeholder and without their support we cannot give safety assurance to our domestic and international tourists. Safety guarantee is a combined effort of all stakeholders,”

Ms Anurradha Prasad, Chairperson and MD, BAG Films & Media Ltd said that FICCI will work with the government to ensure that we strongly promote our Indian traditions and culture across the world.

Travel Biz Monitor |

Permission for film shooting in archaeological sites in 15-20 days: Tourism Minister

Prahlad Singh Patel, Minister of State for Tourism and Culture (IC), Govt of India, today said that the Archaeological Survey of India (ASI) is working to give permission for film shooting in archaeological sites in 15-20 days.

Addressing a session ‘In Conversation with Anurradha Prasad, Chairperson and MD, BAG Films and Media Ltd,’ organised during ‘FICCI FRAMES 2020’, Patel said that the government is working with all concerned stakeholders and allied ministries to support the industry during this time. “I would urge the industry to include and promote the unknown historical monuments while planning for film shoots. The Ministry will support the industry by removing the hurdles,” added Patel.

In order to promote tourism through films, he said that Indian film industry should explore more domestic sites, especially in the North East and Himalayan region. “We should all work to ensure that we let our citizens know more about their country. COVID-19 has taught us the importance of Indian lifestyle, which is simple to lead, accessible and healthy,” said Patel.

Highlighting the importance and potential of tourism, Patel said that post COVID, wellness tourism will pick up at a much faster pace. He added that world over, people have started respecting the Indian traditional health techniques.

“It is imperative that we must change our perception about tourism and ensure that our brand image is improved. Initially, we will have a slow start, but I assure you that once we attain the pace, no other country will be able to match us,” said Patel.

Patel also said that to promote tourism, both in India and internationally, states will have to play a major role. “Our states are an important stakeholder and without their support we cannot give safety assurance to our domestic and international tourists. Safety guarantee is a combined effort of all stakeholders,”

Prasad said that FICCI will work with the government to ensure that we strongly promote our Indian traditions and culture across the world.

Till then, NRIs were allowed to invest only 49 percent in Air India. The Cabinet, however, did not tweak the foreign direct investment (FDI) limit in Air India, which is currently at 49 percent through the government approval route.

One of the biggest hurdles earlier was the financial burden of Air India. To overcome that, the government will transfer much of the total debt of INR 60,074 crore to a special purpose vehicle. The new owner will have to take on only INR 23,286.5 crore.

But even the reduced debt burden could be a concern for investors, as the spread of coronavirus, globally and now in India, has created havoc in the aviation industry.

NDTV |

As film shoot locations, government suggests Archaeological Survey of India sites

As part of the Aatmanirbhar Bharat Abhiyaan, Culture and Tourism Minister Prahlad Patel on Thursday asked the film industry to shoot at ASI-protected sites and assured them that they will get permission to do so within 15-20 days of filing their online applications, reported news agency PTI. "It would be difficult for the film industry to go to foreign destinations at this time, so we have suggested that they could go to the Northeast states," Prahlad Patel said at a FICCI event in Delhi.

"It would also fulfil the PM's appeal to people to visit various places in the country. I told them we will give permission in 15 to 20 days. They just have to apply online. I have appealed that it would be great if other than the high footfall sites, they could also shoot at less popular monuments suggested by us to give them a boost as well," he said.

The Archaeological Survey of India (ASI) has over 3,000 monuments and sites that were reopened on July 6 after remaining shut during the coronavirus lockdown.

Currently, filming at ASI sites is permitted, but it involves a lot of paperwork and is time consuming, officials said.

"Since now the film industry cannot shoot abroad, the ministry will help in facilitating permissions from the states. If necessary we will coordinate with the Information and Technology ministry as well," the minister said.

"It should be our united effort to first travel within our own country. Nothing is as beautiful as India. I want people to know about our ancient culture. We need to promote our country and its sites," he added.

Presently, the request for filming/ video shoot along with camera crew is to be made by the applicant at least 15 days prior to the proposed date of shoot.

India TV |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali Raj

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar.

She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team.

"However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities."

The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others."

Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Republic World |

'COVID-19 may have pushed back growth of women's cricket by 2 years': Mithali Raj

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar.

She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team.

"However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities." The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others." Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort."

Press Trust of India |

COVID-19 may have pushed back growth of women's cricket by 2 years: Mithali

Legendary Indian skipper Mithali Raj feels the COVID-19 forced break may have pushed back the growth of women's cricket by at least two years.

Mithali, Indian women's ODI captain and the world's highest run-getter in 50-over cricket, also said that a full-fledged women's IPL is still at least three years away although a fourth team can be added for the Challenger series.

"Unfortunately, women's cricket may have been set back by a couple of years by this pandemic as some of the momentum that had been built between India's success in World Cup 2017 and World T20 2020 has been lost," the 37-year-old Raj said during a webinar.

She was speaking at the 'Re-Setting the Sports Ecosystem: Opportunities in The New Normal World' at FICCI FRAMES.

Mithali said that she had had talks with the BCCI brass with regards to a dedicated calendar for the women's national team.

"However, we have had discussions with BCCI to draw up a firm calendar for the Indian women's team so that fans can regularly cheer for the team.

"The plans have obviously been disrupted but we believe we can re-build quickly. I think a full-fledged Women's IPL is still 2-3 years away but we would certainly look to have a fourth team in the Women's Challenge that is played concurrently with the IPL," said one of the game's icons.

During the webinar, DG (SAI) Sandip Pradhan said that the emphasis will be to present India's indigenous sports in a new avatar, which will "further open up opportunities for Indian start-ups".

Pradhan spoke about re-setting the priorities.

"Being physical while leveraging digital is the new normal, so we need to re-set, re-invent and re-work our priorities.

"The SAI is organizing several online sports classes in association with the National Sporting Federations, which includes interactive sessions with young athletes about their techniques and how to develop their overall physical skills and mental abilities."

The IOA president Narinder Batra said, "Corporates must adopt at least one Indian sport and broadcasters must allocate considerable time to promote them.

"Companies must realize that the wave of one athlete performing well can indirectly impact lakhs of others."

Stressing further on corporate partnerships, he said, "We cannot expect the government to take upon itself the onus of building a world-class sporting environment when it is stretched between the many priorities of a developing economy, this is where the corporate India needs to step in, and it has to be a collective effort.

The Economic Times |

Prahlad Singh Patel assures speedy clearances for film shooting around monuments

Union Minister for Culture & Tourism, Prahlad Singh Patel has assured the film and entertainment industry that his ministry will try to remove delays involved in getting approvals for film shooting in and around key monuments. The minister gave this assurance while speaking at FICCI’s Frames 2020 virtual event today.

Conceding that the approval process currently takes a lot of time especially in Archaeological Survey of India (ASI) protected monuments, Patel said that he will soon convene a meeting of stakeholders to discuss the issue and find out solutions to reduce the time lag involved in the permissions. The Minister said that some kind of system can be worked out to make the entire process completed in a time frame of 15 days.

Talking about the state of Indian Tourism in the wake of the Covid-19 crisis, the minister said that the pandemic has helped in bringing a drastic change in the perception of India and it’s time-tested health and wellness systems. Therefore, while the revival will be slow, it will be remarkable once it picks up the momentum.

Financial Express |

FICCI Frames 2020: Aaditya Thackeray on the spirit of nationalism and looking beyond brand endorsement and investment

‘A defining role at a defining moment’, is how Aaditya Thackeray, cabinet minister of tourism, environment and protocol, Government of Maharashtra described India’s standpoint on the border standoff between India and China. “We have held back a couple of investments coming into Maharashtra. When there is aggression coming in from the other countries, that is the time when we need to take a role which is much more defining at a time like this. For example, we have asked the Union Government on what should the states’ role be towards Chinese investments,” Thackeray, said at the 21st edition of FICCI Frames 2020. He was in conversation with Anant Goenka, executive director, The Indian Express Group. India recently banned 59 Chinese apps in the country.

According to him, if there is something detrimental or has damaging consequences towards national interest, it must be taken off. From companies to Governments as well as Bollywood brand ambassadors, times as these call for standing together as one. “If there is aggression from the country, we need to take a firm stand and say that look this is not something that our country stands for. Therefore, we would not endorse your products. In times where your country needs you to stand up and voice out, then we should strongly stand with our country,” he added further on celebrities endorsing Chinese products in the country.

He also talked about the need for locals to get preference in cases of people with the same skill sets. “If there are two people with the same skill sets, and if someone is from the same state, the local person should get the job first. But the locals must have the first right only where the skill sets are the same,” he added stating that about Rs 80-85 crore has been spent under the CM Relief Fund to sponsor the tickets of migrant people and now the government is supporting their return. Further, the state has also supported over six lakh migrant labourers across different camps at Maharashtra.

Financial Express |

FICCI Frames 2020: How OTT transformed into a mainstream media platform from a niche platform

In the time of pandemic, industries across the spectrum are going through a transformation. However, over-the-streaming (OTT) platforms have emerged as one of the most positively affected platforms. With a rise in userbase on the back of new content and OTT movie premieres, streaming platforms have found themselves becoming a part of a mainstream media platform from a niche media platform. “The opportunity for all of us and for OTT in general is huge. The creative community needs to scope out and make an ambitious play where there is no difference between what is being created today for OTT and what gets created tomorrow for TV. OTT offers a massive opportunity to entertain all of India and we should embrace that opportunity,” Gaurav Banerjee, president, Hindi and English entertainment, Star India. Banerjee was speaking at the 21st edition of FICCI-Frames held virtually.

According to Gaurav Gandhi, director and country general manager, Amazon Prime Video, the pandemic has brought about two major changes are taking place simultaneously- one is the consumers’ rising need to trust, and new habits are being formed. “As people had less choice of entertainment during the pandemic, they’re discovering high-value premium content across services, which they did not browse before,” he added.

The benefit of an OTT platform is that every content has an audience, thereby allowing diverse stories to be made, Gourav Rakshit, chief operating officer, Viacom18, stated. “With TV, we have to take the lowest common denominator and work with that. However, OTT does not allow for a content which is consumed by a group but also allows for individual content consumption,” he explained.

Talking about monetisation, Satya Raghavan, director, YouTube Content Partnerships, India stated that it is important to understand and adapt to the fact that business models have changed due to pandemic. “For a platform like ours which is built on revenue-sharing model, we are spending a lot of time helping our content creators and partners understand the power of business models- from how to maximise on advertising or direct to consumer spending to the channel. We look at monetisation as an overall construct as a lot of business models are getting unlocked,” he opined.

As for censorship on OTT, Gowree Gokhale, partner, Nishith Desai Associates, demystified the myth of OTT not being regulated. She clarified that the platform still has to comply with law of the country when it comes to content, the only difference is that the OTT content doesn’t have to apply for a license.

For Monica Shergill, vice president, content, Netflix, for great content to work, it is fundamentally important for streaming service to bring together creative excellence and creative freedom. “It is our responsibility as well as an opportunity that we have to provide the best content to our viewers and create the next big ‘India’ story,” she added.

Live Mint |

Government assures support, minimal regulation to M&E sector

A day after broadcast industry players sought less control and more ease of doing business from the government, senior officials argued there is no regulatory burden on the sector in the country. Speaking on the third day of FICCI Frames, an annual media and entertainment industry event held online this year, RS Sharma, chairman of the Telecom Regulatory Authority of India (Trai) said the new tariff order (NTO) introduced in 2017 may have drawn flak but was intended to empower consumers and ensure interest of all stakeholders in the industry.

“The basic approach of Trai has always been light touch," Sharma said reiterating the point made by MIB secretary Amit Khare earlier at the event. “As long as there is fair play in the market, there is no need for us to intervene but the consumer needs to know costs and have full freedom of choice."

According to NTO, consumers could choose and pay for only the channels they wished to watch at maximum retail prices (MRPs) instead of the pre-determined bouquets offered by broadcasters earlier. The tariff order was expected to make channels cheaper but on ground, the opposite happened and the price of like-to-like options went up. Sharma said the amendments to NTO introduced earlier this year and the Trai channel selector app launched a couple of weeks ago were intended to make things more transparent for consumers.

“The regulator should ensure technological development is not throttled. Some people may feel their interests have been affected but that’s not true for all," Sharma said in reference to NTO.

Echoing his sentiments on minimal regulation, Atul Kumar Tiwari, additional secretary to the I&B ministry said the government’s light touch regulatory approach will extend to video streaming platforms as well.

“We are aware of the problems there and there will certainly be some amount of regulation of streaming content. We have had discussions with OTT providers and asked them to come up with a self-regulatory mechanism," Tiwari said, adding that the ball is now in the VoD services’ court.

He added that the government was working on provisions for the M&E industry, including SOPs for shooting post covid, a film facilitation unit and issues related to piracy, copyright, uplinking of TV channels, relief to FM radio and infrastructure status to the broadcast sector.

Best Media Info |

Acceleration towards digital will affect traditional media spends, says Mark Read

Ad spends will continue to be affected on traditional media as more and more preference is being given to new media, said Mark Read, Chief Executive Officer, WPP.

Speaking at the e-FICCI Frames 2020, “In the US and in the UK, we saw in 2008-09 a decline in newspaper advertising and a big decline in newspaper readings, and that spend never came back. I think one of the challenges here has been that as our clients get used to driving demand through digital channels, they're not going to go back to traditional media at the same level. So I think that we will see some persistence of the decline in traditional media and the continued acceleration in growth in digital media,” he said.

Read said despite television viewership growing dramatically in most parts of the world, it is television and other traditional mediums such as OOH and print that have suffered from low ad spends. “The outdoor industry needs to move online. Provide clients with much faster ways of changing their creative than done historically,” he said.

He said it is important for businesses and companies to keep investing in technology. “I think companies are going to have to start to think to invest more in technology. Interestingly, what we haven't seen is companies cutting back on big sort of transformation and technology transformation efforts. If anything, we've seen some of our clients accelerate those initiatives,” he said.

Read said the impact on India’s ad spends has been more compared to rest of the world. “We had expected ad spends to be up by about 13% in the year but it was already affected by the first quarter, down 5%.”

Talking about brands in the United States pausing their advertisements on social media, Read said these platforms need to be more responsible about the environment they provide. “Despite the shift on digital media, there continues to be issues on social media around brand safety, and around the divisive nature of some of the platforms. As an agency, WPP advises its clients on how to spend the money, and it's up to the clients to decide, how to do that. But a number of our clients have either paused spends with Facebook or taken other actions over the last few months,” he said.

“There has to be a careful balance that these platforms have to strike between free speech, taking down hate speech and moderating the content on their platform and having the resources to do that."

He said the pressure on the platforms is understandable as they were not quick enough to address hate on social media. “There is a degree of frustration that these things are not happening quickly enough. There continues to be hate speech on social media platforms where there should be none. I do think that the pressure on the platforms to change is understandable," said Read.

Janam TV National |

Govt to announce SoPs for resumption of film production says Prakash Javadekar

Union Minister for Information & Broadcasting Prakash Javadekar today said that the Government will soon issue Standard Operating Procedures to speed up resumption of film production in the unlock phase.

“To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” said Javadekar addressing the 21st edition of FICCI Frames

In view of the Covid-19 pandemic, the 2020 edition of the annual gathering of the Media & Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai lake in Mumbai.

The Minister further remarked that the Covid pandemic has forced people to think of new ways to communicate. Virtual gatherings have become the new normal, but the partnerships forged are real”.

He said, India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide. The Minister called upon all stakeholders to work together to make progress and harness the soft power of India – media and entertainment.

Mahamedia Online |

Govt to announce Sop for resumption of film production

Union Minister for Information and Broadcasting Prakash Javadekar yesterday said COVID pandemic has forced people to think of new ways to communicate. Addressing the inaugural session of FICCI Frames 2020, Mr Javadekar said the government is coming up with SOPs for shooting films in India in the light of the pandemic.

To further accelerate the restart of filmmaking that has come to a standstill, the Minister said the government is coming up with incentives of production in all sectors including TV serials, animation and gaming. The Minister informed these measures will be announced soon. He said the importance of Indian media and entertainment sector cannot be stressed enough and added that the sector generates millions of jobs.

Telly Chakkar |

Government hints at incentives for resumption of film, TV production

Union Minister for Information and Broadcasting Prakash Javadekar has announced that the government will soon issue Standard Operating Procedures to boost resumption of film production, at a time when the nation is witnessing the unlocking phase after the lockdown.

"To accelerate the restart of filmmaking that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," the minister said on Tuesday, while speaking at the 21st edition of FICCI Frames.

Owing to the COVID- 19, this year the annual event was held virtually instead of being organised near Powai Lake, where it normally takes place.

The FICCI Frames Virtual Summit will continue till July 11.

As the nation witnesses a phased opening up of the Covid-19 induced lockdown, film industries across the country prepare to get back to action.

On Tuesday, Bollywood actress Taapsee Pannu took to Instagram Stories to announce she was back at work. She gave a glimpse of her make-up vanity room, sharing that she has started shooting amid the ongoing coronavirus pandemic.

"Let's do this. #BackToWork," Taapsee captioned the image.

Also on Tuesday evening, trade analyst Taran Adarsh announced that a new Bengali film titled "SOS Kolkata" will be going on floors on Wednesday. The film starring Yash, Nusrat Jahan, Mimi Chakraborty, Sabyasachi Chakraborty and Shantilal Mukherjee in key roles, is slated for a Durga Puja release this year.

In Mumbai, Ekta Kapoor recently resumed shooting for her daily soap "Naagin 4".

MSN News |

Government to issue SOP to speed up resumption of Film Production

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of 'FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

News with Chai |

Government to announce SoPs for resumption of film production: Prakash Javadekar

Union Minister for Information & Broadcasting Prakash Javadekar today said that the Government will soon issue Standard Operating Procedures to speed up the resumption of film production in the unlock phase. “To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” said Shri Javadekar addressing the 21st edition of FICCI Frames.

In view of the Covid-19 pandemic, the 2020 edition of the annual gathering of the Media & Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai lake in Mumbai. The Minister further remarked that the Covid pandemic has forced people to think of new ways to communicate. Virtual gatherings have become the new normal, but the partnerships forged are real”. He said, India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide. The Minister called upon all stakeholders to work together to make progress and harness the soft power of India – media and entertainment.

Delivering the key-note address, Minister of State for Finance, Anurag Thakur said the creative industry has a significant role to play in transforming India into a knowledge-based economy. “From volume, the focus must shift to value creation” he added.

Participating in a technical session, Secretary, Information & Broadcasting Amit Khare said, in films, the role of the government should be that of a facilitator. “Different regulatory structures must be brought in sync to ensure less regulation” he added. Shri Khare also said that the Government was fully in support of granting infrastructure status to the Media & Entertainment Industry and added that some definitions need to be fine-tuned.

Niti Ayog CEO Amitabh Kant in his address said every crisis can be turned into an opportunity and India must identify 12-13 sunrise sectors in which it can leapfrog to become global champions to achieve sustainable high growth and create jobs. He listed the Media & Entertainment industry as one of them.

Expressing similar views, Uday Shankar, Chairman, Star, and Disney India and a leading voice of the industry said “the M&E sector is an important part of the creative economy. It can create jobs and businesses and make India shine globally”. He, however, lamented the fact that the Indian media industry, especially print, TV, and digital remained disproportionately dependent on advertising revenue and said that the COVID pandemic has proven that this arrangement is a major set back. He said, “if the industry has to grow, it needs to shed its dependency on advertisement.”

Sanjay Gupta of Google emphasized the COVID induced disruption of the media and entertainment industry in the country. He said the sector may shrink from $ 20 billion to $ 15 billion in 2020-21, but has the ability to bounce back as a ‘creative powerhouse.’ He called for simplification of the taxation framework and adoption of a light-touch regulatory approach for industry to grow to its full potential.

FICCI Frames Virtual Summit, which will be on till 11th July, will see leading experts of the industry exchange views and ideas on various aspects of the media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

ISSCNC |

Government wants a level playing field across media with light regulation: I&B Secretary

The Information and broadcasting ministry is working on a ‘light touch regulatory regime’ that will bring all the sectors within the media and entertainment (M&E) industry - print, television, radio, films and digital media - under one governance umbrella, allowing a level playing field, said Amit Khare, secretary, I&B ministry.

Speaking at the annual media conclave FICCI FRAMES 2020 via video conferencing, Khare said that the government wants to facilitate all the sectors.

“There is definitely a need for a level playing field amongst the different media, but level playing field will not mean that we bring everybody under a very heavy regulatory structure. In fact, during the last six years of the present government, the entire focus has been on ease of doing business and on having less but more effective regulation,” Khare said.

He also said that the government is “seriously thinking” on bringing digital news aggregators under the FDI purview, similar to print media.

“There is very serious thinking that the level playing field should be there between the print media and the digital platforms. The announcement will come after the decision is finally taken by the government and it’s not my place to say but the feeling is that 26% FDI should be applicable to the aggregators as well as the print media,” Khare said.

The ministry has had consultations with media heads in the last year, some of whom, according to officials, have complained that regulations that applied to print journalism companies were not applicable to news aggregators who often used their content.

“The DPIIT has already taken views of the Information and Broadcasting Ministry on the issue, but there are some clarifications on the road ahead that we are waiting for,” an official said. Doubts with regard to how the rules will apply to aggregators, like Inshorts and Dailyhunt, which are basically apps websites that curate their content from other publishers, and to online news publishing sites will be clarified then.

Khare pointed out that earlier the regulatory regimes have developed specific to each platform in India.

So while print media has a separate regulation under the Press Council of India (PCI), the All India Radio and FM industry are governed by a separate set of rules.

For example, FM radio is not permitted to carry news other than that of AIR.

Meanwhile, TV developed on a different path altogether with no pre-censorship but a self-regulation system in place.

Citing another example, he said, whereas films require prior certification, the OTT platforms didn’t.

“For five different media - print, radio, television, films and the OTT platforms – four of them are governed by different types of regulatory practices, some are self-regulated, some are pre-regulated or post-regulated, and one of them is unregulated,” Khare said.

However, the convergence of content delivery has resulted in a situation where the traditional regulations don’t work.

“We have developed this concept of having ‘a light but tight regulation’. Instead of having 200 rules or clauses,” said Khare. “The different regulatory structures need to be brought in sync with each other, not to impose more regulation, but rather to liberate them with less but more fine- tuned and easy to implement regulations.”

On bestowing M&E sector an infrastructure status, Khare said, the I&B ministry fully supports the proposal and even the Ministry of Finance is on board except for some definitions that need more clarity.

“The Minister of Finance wants to know what exactly is the infrastructure. Perhaps a small group of our ministry and FICCI broadcasts committee could sit together and work on the definitions. The proposal has already been supported by our Ministry, finance ministry and the Niti Ayog,” Khare said.

As technology disrupts business models, regulations have to keep pace with the changing tech landscape.

“Definitely there is always a gap between the regulations, and the technology. We have seen the Singapore model, where they have one structure that provides a ‘no go’ area. If you are not in the no go area, everything is ok. You don’t have to bring the regulation every time the technology changes. That is an open idea, but still at the idea stage,” Khare said.

Sprout Wired |

Some sectors already reviving, Indian Financial state will bounce back again, States Niti Aayog CEO Amitabh Kant

Niti Aayog CEO Amitabh Kant spoke on the revival of financial system in a FICCI webinar

India will soon bounce again from the COVID-19 disaster as the financial state is witnessing emergence of environmentally friendly shoots, NITI Aayog Chief Govt Officer (CEO) Amitabh Kant said on Tuesday. “We are previously witnessing emergence of environmentally friendly shoots in the financial state. We are observing that critical sectors like FMCG have previously occur back. I am optimistic that we will bounce back again with vengeance,” he said when addressing a session organised all through FICCI FRAMES 2020.

India have to determine 12 or 13 sectors in which it can be a global champion. “All of us require to be quite very clear that the pandemic is a huge problem not just for India but for the earth. Just about every disaster is also an prospect. We need to pick-up locations of growth which will aid us emerge as winners for tomorrow,” said Mr Kant.

The vital areas will include things like massive information, synthetic intelligence, genomics, mobility, drones, resourceful marketplace along with media and enjoyment. “These sectors will just take India to a sustained stage of advancement in the up coming 10 to 12 several years and produce a broad range of employment,” he included.

Enumerating the worth of Atmanirbhar Bharat programme released by the federal government, Mr Kant explained that the federal government has brought radical reforms in numerous sectors like MSMEs and agriculture by this. “Atmanirbhar Bharat is not about isolation. It is about turning out to be a world wide winner,” he reported.On the purpose of community and personal sector partnerships, Mr Kant claimed the job of technologies and the use of electronic platforms is rising. “We are in contact with the non-public sector to create tremendous applications in regions like instruction, wellbeing and agriculture.”

He explained the aim will be that the business model will be of the non-public sector and the federal government backing will give them the sizing and scale to arrive at domestic as nicely as global marketplaces.

In the meantime, Minister for Information and facts and Broadcasting Prakash Javadekar claimed the federal government is formulating common working techniques for shooting and re-setting up film creating in India, which has come to a standstill in the wake of Covid-19 pandemic.

In his video information for the inaugural session of FICCI FRAMES 2020, Mr Javadekar mentioned that digital space is the new ordinary. He explained the govt will lover with the market for progress of the sector and to harness the soft electrical power of India, which is media and entertainment.

Adgully |

Biggest bane for M&E is its disproportionate dependence on advertising: Uday Shankar

The industry is set to take a huge hit on account of disruptions caused by the pandemic, acknowledged Uday Shankar, Senior Vice President, FICCI, in his opening address at the ongoing FICCI Frames 2020. At the same time he said that it was directly related to the industry’s disproportionate dependence on advertisements. While it is true that advertising revenues have helped the industry grow and sustain, there have also been a lot of distractions, where businesses have prioritised advertising over content, he added.

Shankar also pointed out the absence of an organised supply of talent funnel of high-quality trained writers, technicians, directors, actors, etc. He requested the government representatives to recognise the media & entertainment sector as an important part of the economy that can create jobs, businesses and wealth.

Following is the text of Uday Shankar’s address:

“First and foremost, a warm welcome to all the participants, Honourable Minister of State for Finance, Anurag Thakurji; your excellency the Ambassador of Italy to India, Honourable Vincenzo de Luca; Joint Secretary, MIB, T.C.A Kalyani; President Sangeeta Reddy; Sanjay Gupta, and everybody else. Thank you very much for joining in this new avatar of FICCI Frames. There isn’t probably another media and entertainment event in this part of the world or, for that matter, any part of the world, that the entire industry from creative to business looks forward to every year. And this year, when the event was just on the eve of being staged, it was disrupted because of the COVID-19 crisis. All of us felt really disheartened. And it goes to the credit of the FICCI and FICCI Secretariat and the Media and Entertainment Committee led by Leena Jaisani that they found a way to reinvent it and offer it in probably an even more interactive and digestible format. So, thank you all for doing that.

Till recently, I was chair of the FICCI Media and Entertainment Committee, and now I am delighted to welcome my friend and colleague for a number of years, Sanjay Gupta, to take over the reins.

It makes me emotional, FICCI Frames has completed 20 years. It’s a really big landmark. We have been participating in this year after year, so sometimes we forget exactly what these 20 years have meant to the Indian Media and Entertainment Industry. I just wanted to tell you that when FICCI Frame was launched, India was a really fledgling industry, as far as media and entertainment were concerned. The total size of the industry was barely about 4 crore, across television, print, radio, and everything included. It was considered a business of power if you were in the news, it was considered a business of glamour and entertainment, but that’s about it. Today, it is about a $20-25 billion industry.

It is sad that the industry will take a huge hit in terms of the disruption that COVID-19 has caused. But this is where the industry is. From about 100 channels in 2000 when FICCI Frames was first held, today, we have over 900 channels in this country. The size of the print business, which was just about a billion-a billion and a half dollars, is about $4 billion, and India remains one of the few countries where print is reasonably healthy. Today, digital has already become the nucleus of the media and entertainment sector. It is also reflected in FICCI Frames in FICCI Media and Entertainment Committee with the takeover of Sanjay Gupta as the head of Media and Entertainment. A lot has changed in this industry.

I cannot but recall my own association for a minute, so please bear with me. My story of getting into FICCI is a very interesting – I didn’t even know, as a news editor and journalist, what role I would play. But the then Secretary-General of FICCI, Amit Mishra, who is a friend, persuaded me to join FICCI and there I ran into this legendary visionary, an amazing man, the late Yash Chopra, who persuaded me to come and become active in FICCI. Frankly, I did not even know what role I would play, but Yashji was so persuasive. You could not say no to him, and I came into FICCI in 2010. He persuaded me to become the Chair of FICCI Broadcast Forum, and then a few years later, I took over the FICCI Media and Entertainment Committee.

The one thing that it did for me is to understand the media and entertainment in all its nuances and details. So, I have just one message for all the youngsters who might have logged in today. The time spent on forums like FICCI Frames and FICCI Media and Entertainment Committee is not a distraction; it is not a waste of time. It allows you to understand this sector better, it allows you to benefit the sector better, and it allows you to contribute to the sector. And all of this will happen. We have seen the role that FICCI Frames have played in the growth of the Media and Entertainment business. I think despite all the setbacks that we are facing this year, those are really temporary and we can easily overcome them, and we are ready in this sector to make a much bigger leap and become a much more successful global media and entertainment business. But for that, a few things need to change as I wind up my formal association with FICCI Media and Entertainment Forum – not from FICCI, where I continue to be Senior Vice President. I have to say that a few things that still remain unfinished continue to trouble me, and I think in the next few years, we should focus on how to change all of that.

The biggest bane in the country, especially for print, TV, and now even for digital, has remained its disproportionate dependence on advertising. As the industry has grown, its dependence on advertising has grown. Advertising revenues in the year 2000 used to be just about a billion dollars, and now that number is $10 billion. It has helped in the growth of the industry and has sustained the industry, and all the participants have benefited from it. But it has also been a bit of a distraction, because globally the industry has grown – whether it is newspapers or magazines or whether it is other forms of content delivery. They have benefitted from building direct consumerism, where the consumer pays for the product. In this country, all of us are guilty of this. We decided to be shortsighted,and we decided to subsidise our products, and in order to create hurdles for small challengers, we decided to take charge to subsidise our businesses for the buyer, the consumer and get the money from the advertiser. That has become a very, very big setback for the industry, and if this industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That’s fair, and that’s the only way this industry can grow. This year’s setback for the industry is going to be very, very severe. It is one of the industries that people do not often realise is going to be hurt very badly because of the COVID-19 setback. And that is primarily because of our disproportionate dependence on advertising. And I think in the years ahead we must fix that.

The second thing I must mention, while FICCI President Sangeeta Reddy mentioned the growth of the films, business and theatrical exhibition, and even television content and newspaper, those are all great. Those are all very impressive achievements. However, for a country of this size, we should be doing a lot better. Our ambitions in the area of content remain really small. We are very happy on television winning the TRPs, and as long as we are going ahead over the heads of our competitors, we feel very good. But that really is again a huge distraction. The content business has gone truly global, and the opportunity to scale it up is much much bigger. Today, intermediaries have been marginalised, and we have the technology and the ability to go directly to consumers and build our business much bigger. And this is not just about TV, this is about newspapers, this is about digital, and this is about all other forms of business. We haven’t done that, and what is worse is that we have also actually been even more shortsighted and gone and worked with agencies like regulators and other competitors to create hurdles in the way of unlocking the power of the business. And as a result of that, we will not be able to invest in content, and we have not taken our ambitions to the global domain. For instance, even much smaller countries like South Korea, like Israel, like Turkey and our Ambassador, are sitting here, countries like Italy, of course, have a much bigger media business and their content travels globally. Indian content, let us face it, still doesn’t travel globally. Films do not travel globally, television content doesn’t travel globally, and this is not for lack of creativity. This is only because of our smaller ambitions and shortsightedness. I think the industry should fix that. Unless we start becoming a bigger player or factor in the global content consumption space, the business will always be sub-optimal.

Finally, for an industry that is growing at this rate, we have to expand and create the talent funnel that we have. People coming into this business, whether it is on the side of news, whether it is visual content, whether it is digital content, we still do not have organised supply funnels of high quality and trained writers, other technicians, directors, actors, etc. That is becoming a stumbling block.

This cannot happen unless the government recognises the sector to be an important part of the economy, the creative economy that can create jobs, businesses, wealth and can also create soft power that Mrs Sangeeta Reddy was referring to. That will lead to a greater, bigger, and more shiny brand India, globally. Media has been by, and large kept to play a marginal role in the Indian economy, and that has hurt the country and the brand of the country globally. I think it is time that we started fixing that when we look to come out of the COVID-19 crisis, that probably is the best opportunity to do a complete pivot and start thinking about it.

Thank you very much. I once again thank everyone in FICCI Media and Entertainment Committee for supporting me, helping me and embracing me and sometimes suffering me for over a decade.”

Adgully |

Green shoots visible in the economy, India will bounce back with vengeance

Mr Amitabh Kant, CEO, NITI Aayog emphasized at FICCI FRAMES that India will soon bounce back from COVID-19.

Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”

He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.

Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.

“India, often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Mr Kant said.

Enumerating the importance of Atmanirbhar Bharat program launched by the government, Mr Kant said that through this, the government has brought radical reforms in various sectors like MSME, agriculture, etc. “Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said.

On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing. “We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” added Mr Kant.

Highlighting the importance of data, Mr Kant said that in India, we are seeing data at very low-price points. India’s usage of data will be enormous. “We need to move from the scale of data to becoming data intelligent in the years to come. This would require us to leapfrog in the world of Artificial Intelligence,” he asserted.

Mr Kant said that use of blockchain can act as a game-changer in solving many critical problems related to the huge pendency in civil courts or land related matters. “We need to use blockchain and get into real time monitoring of these issues. These are some of the areas where India must technologically leapfrog, and it is critical for India’s long-term ability to grow at high rates consistently,” he added.

Pukar News |

Government to announce SoPs for resumption of film production - Prakash Javadekar

Union Minister for Information & Broadcasting Prakash Javadekar today said that the Government will soon issue Standard Operating Procedures to speed up resumption of film production in the unlock phase. “To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” said Javadekar addressing the 21st edition of FICCI Frames.

In view of the Covid-19 pandemic, the 2020 edition of the annual gathering of the Media & Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai lake in Mumbai.

The Minister further remarked that the Covid pandemic has forced people to think of new ways to communicate. Virtual gatherings have become the new normal, but the partnerships forged are real”. He said, India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide. The Minister called upon all stakeholders to work together to make progress and harness the soft power of India – media and entertainment.

Delivering the key-note address, Minister of State for Finance, Anurag Thakur said the creative industry has a significant role to play in transforming India into a knowledge based economy. “From volume, the focus must shift to value creation” he added.

Participating in a technical session, Secretary, Information & Broadcasting Amit Khare said, in films, the role of the government should be that of a facilitator. “Different regulatory structures must be brought in sync to ensure less regulation” he added. Khare also said that the Government was fully in support of granting infrastructure status to the Media & Entertainment Industry and added that some definitions need to be fine tuned.

Niti Ayog CEO Amitabh Kant in his address said every crisis can be turned into an opportunity and India must identify 12-13 sunrise sectors in which it can leapfrog to become global champions to achieve sustainable high growth and create jobs. He listed Media & Entertainment industry as one of them.

Expressing similar views, Uday Shankar, Chairman, Star and Disney India and a leading voice of the industry said “the M&E sector is an important part of the creative economy. It can create jobs and businesses and make India shine globally”. He however, lamented the fact that Indian media industry, especially print, TV and digital remained disproportionately dependent on advertising revenue and said that the Covid pandemic has proven that this arrangement is a major set back. He said “if the industry has to grow, it needs to shed its dependency on advertisement,”

Sanjay Gupta of Google emphasized on the Covid induced disruption of the media and entertainment industry in the country. He said, the sector may shrink from $ 20 billion to $ 15 billion in 2020-21, but has the ability to bounce back as a ‘creative powerhouse.’ He called for simplification of the taxation framework and adoption of a light touch regulatory approach for industry to grow to its full potential.

FICCI Frames Virtual Summit , which will be on till 11th July, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

Business Standard |

Television, digital ads grow at 40% and 60% of pre-Covid levels: Experts

One of the country’s top media executives Uday Shankar, President of The Walt Disney Company for the Asia-Pacific (APAC) region, recently indicated the industry was overdependent on advertising revenue.

But, this reliance on advertising will not go away anytime soon. Instead, media industry experts and agency heads point to a revival in television (TV) and digital advertising in June, as big spenders such as fast-moving consumer goods (FMCG), automobiles, and e-commerce get operations back to pre-Covid-19 levels.

“The earliest we will see normalcy in terms of advertising will be around Diwali,” said Ashish Bhasin, chief executive officer (APAC) and chairman (India) of Dentsu Aegis Network. “This assessment is based on rural recovery in categories such as FMCG and auto. In fact, rural recovery is already beginning to happen in these sectors. I see things gradually improving from here,” he said.

The data from TAM AdEx, sourced from the industry, showed that advertising volumes per day on TV grew by 74 per cent in June versus April, when there was a sharp decline in ad spends on account of the lockdown.

The Broadcast Audience Research Council (BARC), on the other hand, said that TV ad insertions by the top 10 advertisers, including names such as Hindustan Unilever, Procter & Gamble, and ITC, had increased by 13 per cent for the week ended June 26 versus the previous week. BARC said this was because of renewed interest in advertising by key spenders on account of a sales revival in smaller towns and cities.

While these numbers are still lower than the corresponding period last year, experts said in terms of recovery rate, TV advertising had improved to levels of about 40 per cent in June versus April-May. This is likely to increase to 50 per cent in July and 60 per cent in August. In April and May, TV ad spends were 20-30 per cent of pre-Covid advertising levels, industry experts said.

On the digital advertising front, experts said spends had recovered to an extent of 60 per cent in June versus April-May, and that it would touch around 70 per cent in July and 80 per cent in August.

“Some categories that are big on digital such as e-commerce, fantasy gaming, and over-the-top (OTT) platforms have begun advertising heavily since June,” said Shrenik Gandhi, chief executive officer and co-founder, White Rivers Media, a Mumbai-based digital agency.

“More segments will turn their attention to digital advertising as the adoption rate of the medium has grown significantly, following the lockdown. This should help improve the overall digital ad growth rate for the year, though it would be lower than last year’s growth rate,” he said.

While most media agencies had pegged digital ad growth rates at 30 per cent at the start of the 2020 calendar year, it is likely to settle at 20-22 per cent by the end of the calendar year, said Gandhi.

A forecast last week by GroupM had said it saw digital extensions of TV, radio, print and outdoor advertising adding about $31 billion (or Rs 2.3 trillion) of global advertising this calendar year, which was up from $22 billion (or Rs 1.6 trillion) five years ago.

The increase would be led by the rapid adoption of digital by advertisers in different parts of the world, following the extended lockdowns that had forced many to curtail spends across other media channels.

Mark Read, chief executive officer, WPP, said he saw a structural shift in media consumption, led by the Covid-19 pandemic, with the preference for digital channels growing sharply in a post-Covid world. “As it accelerates, advertising dollars will shift, creating pressure on traditional media,” he said during the FICCI Frames virtual summit on Tuesday.

While traditional media owners, including those in print and TV, beefed up their digital presence over the past few years, this process would be expedited now, Read said, as advertisers increased their investment in technology.

Financial Express |

FICCI Frames 2020: Why companies must build on a connected environment in the post-covid world

As companies navigate through the current crisis, the need for marketers to have a unified measure of their ad spends across several platforms holds utmost importance. “Many of the digital environments function in silos. For instance, Facebook, Google, Amazon are ecosystems in itself and the data within them remain with them. Add to this, regulatory constraints are further adding pressure on these platforms especially in terms of brand safety. This has led to a shift in focus of companies on building a first-party data ecosystem and knowing their consumers in depth. This is more like creating a neutral environment,” Tushar Vyas, president, growth and transformation, GroupM South Asia said. He was speaking at the 21st edition of FICCI Frames 2020.

The unified measure, however, poses a challenge in terms of the agreeable matrix around digital and television. Vyas pointed out the concerns on the equivalency between one impression in digital versus one impression on TV. He further highlighted how if unified, the activation will still remain a problem because one is broadcast medium and the other one is more targeted medium. “One of the ways it can be solved is if all of the environments become connected environments,” he noted.

According to Sunil Lulla, chief executive officer, Broadcast Audience Research Council (BARC), the media and entertainment industry must look at building interactivity in order to enable the ad rates to grow in the post-pandemic world. “Today, many of the fiction shows have certain digital avatars that allow you to interact with them. It’s how you build that interactivity and maybe it’s at the premium end that will allow you to benefit in the longer run,” he added further.

Lulla also highlighted the importance of traditional medium despite the rise of digital platforms over the last few months. “DTH still caters to a very large audience in multiple languages. Today, a lot of people may be accessing content digitally, but I think the larger households will still consume content on TV,” he added. He cited the example of Ramayan coming in after 1986 and becoming the most-watched show in the world overtaking Game of Thrones. The show, according to him, started with two advertisers and closed with 48 which showed that there is a belief in the power of the medium.

Financial Express |

FICCI Frames: Why the government needs to work with the gaming industry

Online gaming industry saw a boom during the lockdown. While the Indian gaming industry is ahead when it comes to supplying animation globally, it lacks game design talent pool due to its nascency, resulting in a lack of in-house large-budget games, otherwise knows as Triple-A games. “While one can find great talent across the board to develop Triple A components in India but when it comes to the core which is the game design, game mechanics and analytics, that’s where the problem lies,” Sharan Tulsiani, business development manager, Google Play, said, at the 21st edition of FICCI-Frames being held virtually, adding that the gaming is still in its early days in India. “To build a really successful game with a large IP such as Mahabharat would need a really smart monetisation layer for India,” he added.

India supplies a lot of animation content for the Triple A games and in terms of quality, it is one of the best, Sam Carlisle, senior director – external partner relations, Microsoft UK, said. However, he added, the country lacks in providing the coding and engineering ecosystem for the games. “The government needs to help to build the ecosystem. For instance, in Malaysia, the government actively works with the education sector to fill this gap wherein they invite developers to teach and modulate a course to teach their developers,” he elaborated.

According to Dave Sanderson, external development manager, Phoenix Labs, Canada, there is no Triple-A development expertise within India, however, there are many Indian developers. It’s just that they don’t live in India. “There is a reason that developers congregate in California and that is, purely because coders are drawn to the places where the work they want to do can be done,” Dave Sanderson, external development manager, Phoenix Labs, Canada, said. He further added that India has all the capabilities of making a Triple A game as they have content and developers, the problem resides in lack of studios to make the game in.

The session ended on a note from the panellists agreeing that for the industry to succeed, it needs government support. Moreover, it needs to be prepared to take risks because it will fail the first time. Around the second or third wave, the industry and the talent will start to emerge.

Live Mint |

M&E biz should champion self-reliant mantra: Govt

Top Union ministers on Tuesday encouraged India’s media and entertainment (M&E) businesses to create content conceptualized and executed entirely within the country, echoing Prime Minister Narendra Modi’s call for an Atmanirbhar Bharat or self-reliant India.

Speaking on the first day of FICCI Frames, an annual media and entertainment event held online this year, they said the M&E industry should champion the cause of Atmanirbhar Bharat.

“There is immense potential in original content creation as well as job creation in vernacular language production. We should focus on both volume and value," Anurag Thakur, minister of state, finance said.

Thakur, at a joint discussion with panelists like Uday Shankar, senior vice-president, FICCI and president, the Walt Disney Co. Asia Pacific and chairman, Star and Disney; and Sanjay Gupta, chairman, FICCI media and entertainment committee and country manager and vice-president, Google India, agreed that the pandemic had posed massive challenges for the sector but there was opportunity in adversity.

To be sure, a whole generation of young millennials is proudly watching content in native languages.

According to the FICCI-EY media and entertainment industry report 2019, overall consumption continued to increase on over-the-top (OTT) video platforms in 2018, with regional consumers driving growth.

Google claims that 97% of content on its YouTube platform is now consumed in local languages, and a similar trend was seen across most of the OTT platforms in India. However, FICCI’s Gupta pointed out that covid-19 is estimated to wipe out nearly 20% of India’s M&E workforce, impacting nearly a million people.

The great opportunity lies in sectors like VFX and animation, where the country already employs brilliant minds and has worked on several big-ticket Hollywood films.

Thakur added that the government is constantly evaluating the situation and will offer support or relief to the industry, as required.

“We will be partners. We have to harness the soft power potential of India for the progress of the country," Union minister of information and broadcasting Prakash Javadekar said.

He added that the government will bring out standard operating procedures for shooting in a post-pandemic world and will provide incentives to producers across film, TV and web platforms in the coming days.

Facilities provided to foreign filmmakers to shoot in India through a single-window clearance have already helped around 80 producers, Javadekar said, adding the country is a cost-effective option for many.

Netflix biggie Extraction and Christopher Nolan’s upcoming film Tenet were shot in India recently.

Live Mint |

Broadcasters seek less regulation

Traditional television that continues to be a mass medium, flourishing even as video steaming platforms gain ground, needs to be regulated differently from the digital players, broadcast industry experts said. Speaking on the second day of FICCI Frames, the media and entertainment industry event held online this year, channel and distribution platform heads said the medium was already in dire straits since covid-19 had wiped off its advertising revenue.

“Over the years, our regulation has not been on a par with the technological advancement we have made across platforms," Vynsley Fernandes, chief executive officer, IndusInd Media and Communications Ltd said. Fernandes and co-panelist Avinash Pandey, CEO, ABP Network brought to the fore the challenges that television faces because of excessive regulation that is often not conducive with creativity.

Emphasizing that broadcast networks have been cognizant of their responsibilities, Pandey cited the example of the Pulwama attacks last year when images and videos of Indian air force pilot Abhinandan Varthaman, captured by the Pakistani forces, were already circulating on social networks like WhatsApp and Facebook though news channels held back from airing the same.

While other panelists such as Megha Tata, managing director, South Asia, Discovery Asia Pacific said less regulation was crucial to encourage disruptive content, the consensus was that perhaps the broadcast industry should be free of government control or have people with more experience in media and entertainment head authority bodies instead of administrators.

Speaking on the first day of the five-day event yesterday, Amit Khare, secretary, ministry of information and broadcasting had however said that the government is working on a ‘light touch regulatory regime’ that will bring all the sectors within the media and entertainment (M&E) industry— print, television, radio, films and digital media—under one governance umbrella, allowing a level playing field.

“There is definitely a need for a level playing field amongst the different media, but level playing field will not mean that we bring everybody under a very heavy regulatory structure. In fact, during the last six years of the present government, the entire focus has been on ease of doing business and on having less but more effective regulation," Khare had added.

Over the last few months, the broadcast industry has consistently sought more ease of doing business from the government. In June, the Indian Broadcasting Foundation (IBF) had brought up issues such as timelines to permit new companies, or cases when a recognised broadcast entity, want to launch a new channel, change its logo, get a new board director without altering the shareholding pattern significantly, and so on, for which it believed the government should give approvals without trying to wield power over the industry.

The Telegraph |

Lockdown: SOP on film shooting soon

The government is coming up with a standard operating procedure (SOP) for shooting films in India in the light of the Covid-19 pandemic.

It is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking through a video link at the virtual inauguration of FICCI Frames 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India — media and entertainment.

Javadekar also said more than 80 foreign film producers have taken advantage of the film facilitation office. They have got a single window clearance for shooting their films in India.

The minister said the discussions at FICCI Frames would certainly throw up new and innovative ideas that can be acted upon.

Media News4u |

Disproportionate dependence on advertising is the biggest bane for the Industry: Uday Shankar at FICCI Frames conference

Uday Shankar addressed at the annual FICCI Frames conference today as following:

“First and foremost, a warm welcome to all the participants, Honorable Minister of State for Finance, Anurag Thakurji, your excellency the Ambassador of Italy to India, Honorable Vincenzo de Luca, Joint Secretary, MIB, T.C.A Kalyani, President Sangeeta Reddy, Sanjay Gupta, and everybody else. Thank you very much for joining in this new avatar of FICCI Frames. There isn’t probably another media and entertainment event in this part of the world or, for that matter, any part of the world, that the entire industry from creative to business, looks forward to every year. And this year, when the event was just on the eve of being staged it was disrupted because of the COVID-19 crisis. All of us felt really disheartened. And it goes to the credit of the FICCI and FICCI Secretariat and the Media and Entertainment Committee led by Leena Jaisani that they found a way to reinvent it and offer it is probably an even more interactive and digestible format. So thank you for all of you for doing that.

My own association with FICCI, I just wanted to say that until recently I used to be the chair of FICCI Media and Entertainment Committee and now I am finally, you know, I am delighted to welcome my friend and colleague for a number of years, Sanjay Gupta, to take over the reins.

It makes me emotional, FICCI Frames has completed 20 years. It’s a really big landmark. We have been participating in this year after year, so sometimes we forget exactly what these 20 years have meant to the Indian Media and Entertainment Industry. I just wanted to tell you that when FICCI Frame was launched, India was a really fledgling industry, as far as media and entertainment were concerned. It was, the total size of the industry was barely about four crores, across television, print, radio, and everything included. And it was large; it wasn’t even considered a very serious. It was considered a business of power if you were in the news, it was considered a business of glamour and entertainment but that’s about it.

Today it is about a US 20-25 billion dollar industry. It’s sad that the industry will take a huge hit in terms of the disruption that Covid-19 has caused. But this is where the industry is. From about 100 channels in 2000 when FICCI Frames was first held, today, we have over 900 channels in this country. The size of the print business, which was just about a billion- a billion and a half dollars, is about four billion dollars, and India remains one of the few countries where the print is reasonably healthy. And the emergence in this period has been, of course, of the digital industry, which is a big success and has already become the nucleus of the media and entertainment sector. It is also reflected in FICCI Frames in FICCI Media and Entertainment Committee with the takeover of Sanjay Gupta as the head of Media and Entertainment. And a lot has changed in this industry. I cannot but recall my own association for a minute, so please bear with me.

My story of getting into FICCI has been a interesting one – I didn’t even know, as a news editor and journalist, what role I would play. But then the Secretary-General of FICCI, Amit Mishra, who is a friend, he persuaded me to join FICCI and there I ran into this legendary visionary, an amazing man, the late Yash Chopra who persuaded me to come and become active in FICCI. Frankly, I did not even know what role I would play, and Yashji was so persuasive. You could not say no to him, and there I came into FICCI in 2010, and he persuaded me to become the Chair of FICCI Broadcast Forum, and then a few years later, I took over FICCI Media and Entertainment Committee.

The one thing that it did for me is to understand the media and entertainment in all its nuances and details. So I have just one message for all the youngsters who might have logged in today. The time spent on forums like FICCI Frames and FICCI Media and Entertainment Committee is not a distraction; it is not a time wasted. It allows you to understand this sector better, it allows you to benefit the sector better, and it allows you to contribute to the sector. And all of this will happen. Our own businesses will not grow. We have seen the role that FICCI Frames have played in the growth of the Media and Entertainment business. I think despite all the setbacks that we are facing this year and hurdles that we are facing, those are really temporary and we can easily overcome them, and we are ready in this sector to make a much big leap to make a much bigger and much more successful global media and entertainment business. But, for that, a few things need to change as I wind up my formal association with FICCI Media and Entertainment Forum, not from FICCI, where I continue to be Senior Vice President. I have to say that a few things that still remain unfinished continue to trouble me, and I think in the next few years, we should focus on how to change all of that.

The biggest bane in the country, especially for print, TV, and now even for digital, has remained its disproportionate dependence on advertising. Advertising, as the industry has grown, its dependence on advertising has grown. Usually, this number mentioned that advertising revenues in the year 2000 used to be just about a billion dollars, and now that number is 10 billion dollars. It has helped the growth of the industry, it has sustained the industry, and all the participants have benefited from it. But its also been a bit of a distraction because globally the industry has grown, whether its newspapers or magazines or whether it is other forms of content delivery. They have benefitted from building direct consumerism where the consumer pays for the product. In this country, and truly told, all of us are guilty of this. We decided to be shortsighted, and we decided to subsidise our products, and we decided, in order to create hurdles for small challengers, we decided to take charge to subsidise our businesses, for the buyer, the consumer and get the money from the advertiser. That has become a very, very big setback for the industry, and if this industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That’s fair, and that’s the only way this industry can grow. This year’s setback for the industry is going to be very, very severe. It is one of the industries that people do not often realize is going to be hurt very badly because of the covid setback. And that is primarily because of our disproportionate dependence on advertising. And I think years ahead we must fix that.

The second thing I must mention, while President Sangeeta Reddy mentioned the growth of the films, business and theatrical exhibition, and even television content and newspaper, those are all great. Those are all very impressive achievements. However, for a country of this size, we should be doing a lot better. Our ambitions in the area of content remain really small. We are very happy on television winning the TRP, and as long as we are going ahead over the heads of our competitors, we feel very good. But that really is again a huge distraction. The content business has gone truly global, and the opportunity to scale it up is much much bigger. Today intermediaries have been marginalized, and we have the technology and the ability to go directly to consumers and build our business much bigger. And this is not just about TV, this is about newspapers, this is about digital, and this is about all other forms of business. We haven’t done that, and what is worse is that we have also actually been even more shortsighted and gone and worked with agencies like regulators and other competitors to create hurdles in the way of unlocking the power of the business. And as a result of that, we will not be able to invest in content, and we have not taken our ambitions to the global domain. For instance, even much smaller countries like South Korea, like Israel, like Turkey and our Ambassador, are sitting here, countries like Italy, of course, have a much bigger media business and their content travels globally. Indian content, let us face it, still doesn’t travel globally. Films do not travel globally, television content doesn’t travel globally, and this is not for lack of creativity. This is only because of our smaller ambitions and shortsightedness. I think the industry should fix that. Unless we start becoming a bigger player or factor in the global content consumption space, the business will always be sub-optimal.

Finally, for an industry that is growing at this rate, we have to expand and create the talent funnel that we have. People coming into this business, whether it is on the side of news, whether it is visual content, whether it is digital content, we still do not have organized supply funnels of high quality and trained writers, other technicians, directors, actors, etc. That is becoming a stumbling block.

And finally, I think this cannot happen, and I make this reference to honorable Minister and to the Joint Secretary, this cannot happen unless the government recognizes the sector to be an important part of the economy, the creative economy that can create jobs, businesses, wealth and can also create soft power that Mrs. Sangeeta Reddy was referring to. That will lead to a greater, bigger, and more shiny brand India, globally. Media has been by, and large kept to play a marginal role in the Indian economy, and that has hurt the country and the brand of the country globally. I think its time that we started fixing that when we look to come out of the Covid crisis, that probably is the best opportunity to do a complete pivot and start thinking about it.

Thank you very much. I once again thank everyone in FICCI Media and Entertainment Committee for supporting me, helping me and embracing me and sometimes suffering me for over a decade.”

The Tribune |

Green shoots visible, economy will bounce back: NITI Aayog

NITI Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the Covid-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection. However, with the gradually unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Business Today |

Green shoots visible, India to bounce back soon: Niti Aayog CEO Amitabh Kant

Niti Aayog CEO Amitabh Kant said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon. The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back. "I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection. However, with the gradually unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April. Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said. Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs. On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

Republic World |

Amid COVID Pandemic, Tamil Film fraternity may face upto 50% salary cut

As the shooting of films was stalled due to the COVID-19 pandemic, Members of Tamil Film Producers’ Council (TFPC) on Wednesday has decided to slash salaries of actors and technicians in the Tamil film industry by 50%. Since March 2020, the entertainment industry has been in a lull, with many movie releases and shoots getting postponed and cancelled. Earlier, shooting for films, teleserials, advertisements, OTT platforms was stopped in view of the coronavirus pandemic, However, earlier in June, the green signal was given to resume shoots of the films, web series and serials.

In the meeting, Producers stated that they are incurring huge losses every month as they have to pay interests as many high budget films are put on hold for months due to COVID-19. This decision will be discussed with other associations in a week.

It was also reported that since the Council does not have an elected representative at the moment, this decision was arrived at unanimously by the producers.

Centre to release SOPs to speed-up resumption of Film Production

Earlier, Union Information and Broadcasting Minister Prakash Javadekar on Tuesday said that the Centre will issue Standard Operating Procedures (SOP) to speed up the resumption of film production. Prakash Javadekar was addressing the 'FICCI Frames 2020', which is an international convention of the Indian film industry.

He further apprised about the introduction of incentives in all productions including TV serial, film making, co-production, animation, gaming by the government.

AIR News |

Govt to announce SOPs for resumption of film production

Union Minister for Information and Broadcasting Prakash Javadekar yesterday said COVID pandemic has forced people to think of new ways to communicate. Addressing the inaugural session of FICCI Frames 2020, Mr Javadekar said the government is coming up with SOPs for shooting films in India in the light of the pandemic.

To further accelerate the restart of filmmaking that has come to a standstill, the Minister said the government is coming up with incentives of production in all sectors including TV serials, animation and gaming. The Minister informed these measures will be announced soon. He said the importance of Indian media and entertainment sector cannot be stressed enough and added that the sector generates millions of jobs.

Money Control |

Media, entertainment sector seeks infrastructure status, say 20% workforce may lose jobs

While the media and entertainment (M&E) has been hit hard due to the novel coronavirus pandemic, some policy decisions in the short term can aid in the sector’s recovery, said experts at FICCI Frames 2020.

One of the most sought after demands from many industry players was the infrastructure status for the M&E sector.

Amit Khare, Secretary, Ministry of Information & Broadcasting, said the ministry is supportive of granting infrastructure status to the M&E industry and it raised the issue with the Ministry of Finance as well.

While the Ministry of Finance has no objection, they have sought clarity on how do you define infrastructure status for M&E, he added.

In the short term, other policy decisions that can help in the sector's recovery include tax burden on DTH (direct to home) and radio, allowing theatres to be used for multiple activities like sports games and educational activities and elimination of local taxation.

Adding to this, Sanjay Gupta, Country Manager and Vice President, Google India, and Chairman with FICCI Media and Entertainment Committee, said, “The broadcasting sector can benefit by a light-touch regulatory approach. Can CSR money be used to advertise products and services that are beneficial to consumers? All this will ensure that the industry pulls through the next one year with minimal impact to both lives and livelihood.”

Talking about the impact of COVID-19, Gupta said the “M&E sector will shrink to $15 billion in 2020 and 20 percent of our workforce will lose their jobs.”

In terms of advertising revenue, which is the lifeline of the industry, he said that the same has fallen by 50 percent to 90 percent in the last few months.

Gupta also pointed out that there can be no compelling 'Make in India' story than M&E. “We have the story and story tellers. The Indian media industry is the biggest by output. Over 500,000 hours of TV content is created every year, 80,000 newspapers are published daily and 1,600 films are produced every year. And 90 percent of this output is conceptualised, shaped and produced in India. Very few industries can claim this kind of indigenous creation. Be it electronics, handsets or auto. Even with factories in India, they assemble parts from different countries in the world,” he said.

He also cited examples of India’s contribution to the global creative industry. “We are global leaders in technology across animation and VFX. The dragons in Game of Thrones were made by an animation studio in Mumbai. More than a decade back, the VFX for Avatar was powered by an Indian firm,” he noted.

According to Gupta, a joint forum of both government and creative industry representatives can unlock the value for both and strong examples of this are countries like UK, South Korea, and Japan.

“Creative industry council in the UK worked on aspects like finance, skills, exports market, IP (Intellectual Property) and solved it by providing strategic long-term framework for each of these issues. This helped UK’s creative economy to cross the 100 billion pound mark in 2017,” he said.

“India can be a $100 billion industry by 2030, with forward looking policy initiatives like simplification of taxation framework and support to accelerate export of films and games,” he added.

India Education Diary |

Ministry considering to provide infrastructure status to Media & Entertainment industry: Amit Khare

Mr Amit Khare, Secretary, Ministry of Information & Broadcasting yesterday said that the ministry is fully supportive and considering to provide infrastructure status to the media and entertainment industry. He requested FICCI to come forward and work with the department in drawing up the exact definition for the sector. “The government will act as a facilitator and educator for the media and entertainment industry by providing more freedom to the sector to ensure effective results,” he added.

Addressing a session ‘Shaping the Future of M&E in Today’s Digitalized and Information Driven Economy’, organized during FICCI FRAMES 2020, Mr Khare said, “From the Spartan world of traditional movie marketing, we have now entered a rather sophisticated universe of digital movie making. While looking at different digital mediums is important, one should not forego the importance of personal touch, as the entertainment industry plays on human emotions.” He added, “Convergence and coordination of various ministries is mandatory for the smooth functioning of the entertainment industry.”

Speaking on the regulatory reforms for the media and entertainment industry, Mr Khare said, “There will always be a gap between regulation and technology, but a single structure model will benefit the industry as regulation must be based on the content and not on technology.”

Mr Shekhar Kapur, Film Director, Actor, and Producer said, “Technology is moving faster than it can be managed and regulated. Today, the audience can watch films on several devices including mobile phones and a storyteller needs various technologies and platforms to connect with their audience at a particular time.” He added, “Digital platform enables filmmakers to take their content to a wide range of audience.”
Mr Ajit Mohan, Vice President, and MD, Facebook India said, “Creative vehicles are now mass vehicles serving one and all. They provide the foundation to light up multiple sectors.”

Mr Karan Bedi, CEO, MX Player said, “The structural construct of content consumption has changed completely which has opened a new set of audience. The key is to identify and recognize these structures.”

Mr Punit Misra, CEO, Domestic Broadcasting – Zee Entertainment said, “There is an explosion of content creation as well as consumption in the digital medium but the challenge is to get the right kind of talent for the sector.”

The webinar was moderated by Mr Pranjal Sharma, Economic Analyst & Author – India Automated.

The Hitavada |

Green shoots visible, India will bounce back: NITI Aayog CEO

NITI Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon. The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The Government had to announce a slew of measures, including fiscal package, to boost the economy. “I am a great believer that India will bounce back.
We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back. “I am hopeful that we will bounce back and bounce back with a vengeance,” he said while speaking at ‘FICCI FRAMES 2020’. The slowdown in economic activities led to a decline in the Government’s revenue collection. However, with the gradually unlocking, economic activities are reviving.
The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April. Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries. “Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners.
India can decide whether it wants to lose or whether it wants to win,” he said. Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry. “We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy,” he said.

The Sentinel |

India will bounce back from COVID-19: Amitabh Kant

Noting the emergence of "green shoots" in the economy, NITI Aayog CEO Amitabh Kant on Tuesday emphasised that India will soon bounce back from the novel coronavirus or COVID-19 crisis.

Citing examples of fast-moving consumer goods (FMCG), he said key sectors like FMCG have already come back to work in positive signs to bring back the economy from the crisis.

"I am optimistic that we will bounce back with vengeance," Kant said while addressing a session on 'Role of the Creative Economy in Nation Building' on FICCI digital forum.

"We are already witnessing the emergence of green shoots in the economy."

Kant said that India must identify 12-13 sectors in which it can be a global champion and suggested that all of us need to be very clear that the pandemic is a massive challenge not just for India but for the world.

He, meanwhile, said that every crisis is also an opportunity and we must pick up areas of growth which will help us emerge as winners for tomorrow.

Elaborating on the potential areas, the NITI Aayog CEO said that the areas like data, genomics, mobility, drones, creative industry along with media and entertainment will be key drivers of growth. "These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs."

Kant further stated that while COVID-19 has brought in a 'New Normal', it will be innovation which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive growth, he said.

"India often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market's size and scale. India will get into the new areas of growth and these areas will have huge disruptions," Kant said.

Enumerating the importance of the Atmanirbhar Bharat programme launched by the government, Kant said that through this, the government has brought radical reforms in various sectors like MSME and agriculture.

"Atmanirbhar Bharat is not about isolation. It is about becoming a global champion," he said. On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing.

"We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets," Kant added. Highlighting the importance of data, Kant said that in India, we are seeing data at very low price points and India's usage of data will be enormous.

Print Week |

Reliance on ads a bane for media industry, says FICCI's Uday Shankar

During the FICCI Frames virtual summit, Uday Shankar, senior vice president, FICCI said media businesses have prioritised advertising over content and the industry is set to take a huge hit.

In the last four months, the media and entertainment industries in India have been hit hard due to the ongoing Covid-19 crisis. Advertising revenues, which is the industry’s lifeline, have shrunk by 50-90%, according to industry estimates.

And the bigger challenge is the impact on jobs and livelihood of those impacted. An estimated 20% of the industry’s workforce may lose their jobs because of the Covid-19 pandemic and lockdown.

Media businesses have prioritised advertising over content and it has undersold itself, said Uday Shankar during the 21st edition of FICCI Frames, a media conclave held by Federation of Indian Chambers of Commerce and Industry (FICCI). Shankar is currently president of Walt Disney Company’s Asia Pacific business – which had bought Star’s operations in India.

"The biggest bane for the industry has been its high dependence on advertising. If the media industry has to grow, the one thing that must be fixed is to get people to pay for what they consume," said Shankar highlighting the importance of paid content. "If the industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That’s the only way this industry can grow."

Shankar said that the industry is set to take a huge hit on account of disruptions caused by the pandemic and that is "directly related to the industry's disproportionate dependence on advertisements".

"While it is true that advertising revenues have helped the industry grow and sustain, there have also been a lot of distractions, where businesses have prioritised advertising over content," he said adding that the advertising revenue in media in 2020 has grown to USD 10 billion from USD 1 billion in 2000.

The media industry in India is pegged at $20 billion, of which half is contributed by advertising alone in terms of revenue. Television remains the largest medium in terms of advertising, followed by the print and digital. But, the Covid-19 pandemic has disrupted the business, taking a heavy toll on advertising across categories.

Globally, the media industry has grown on the back of establishing a ‘direct’ relationship with consumers, Shankar said. “All of us are guilty of this. We decided to be short-sighted, we decided to subsidise our products and created hurdles for small challengers.”

He requested the government representatives to recognise the media and entertainment sector as an important part of the economy that can create jobs, businesses and wealth.

Meanwhile, Sanjay Gupta, country manager and vice-president at Google India emphasised on reforms in the media and entertainment sector. "We do need to expedite some of the policy decisions that can help in the sector’s recovery such as a simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games. We believe that we can be a 100-billion-dollar industry by 2030."

Amid the Covid-19 pandemic, the conclave was held virtually and discussed the ‘role of creative economy to revitalise economic growth’ with panellists, including Gupta of Google; Prakash Javadekar, minister of information and broadcasting; Shankar of FICCI and Walt Disney; Anurag Thakur, minister of state for finance and corporate affairs; Sangita Reddy, President of FICCI; and moderator Dilip Chenoy, Secretary General at FICCI.

Held annually in March, Frames was postponed because of the Covid-19 pandemic. The summit started on Tuesday and would continue till Saturday.

Media News4u |

Disproportionate dependence on advertising is the biggest bane for the Industry: Uday Shankar at FICCI Frames conference

Uday Shankar addressed at the annual FICCI Frames conference today as following:

“First and foremost, a warm welcome to all the participants, Honorable Minister of State for Finance, Anurag Thakurji, your excellency the Ambassador of Italy to India, Honorable Vincenzo de Luca, Joint Secretary, MIB, T.C.A Kalyani, President Sangeeta Reddy, Sanjay Gupta, and everybody else. Thank you very much for joining in this new avatar of FICCI Frames. There isn’t probably another media and entertainment event in this part of the world or, for that matter, any part of the world, that the entire industry from creative to business, looks forward to every year. And this year, when the event was just on the eve of being staged it was disrupted because of the COVID-19 crisis. All of us felt really disheartened. And it goes to the credit of the FICCI and FICCI Secretariat and the Media and Entertainment Committee led by Leena Jaisani that they found a way to reinvent it and offer it is probably an even more interactive and digestible format. So thank you for all of you for doing that.

My own association with FICCI, I just wanted to say that until recently I used to be the chair of FICCI Media and Entertainment Committee and now I am finally, you know, I am delighted to welcome my friend and colleague for a number of years, Sanjay Gupta, to take over the reins.

It makes me emotional, FICCI Frames has completed 20 years. It’s a really big landmark. We have been participating in this year after year, so sometimes we forget exactly what these 20 years have meant to the Indian Media and Entertainment Industry. I just wanted to tell you that when FICCI Frame was launched, India was a really fledgling industry, as far as media and entertainment were concerned. It was, the total size of the industry was barely about four crores, across television, print, radio, and everything included. And it was large; it wasn’t even considered a very serious. It was considered a business of power if you were in the news, it was considered a business of glamour and entertainment but that’s about it.

Today it is about a US 20-25 billion dollar industry. It’s sad that the industry will take a huge hit in terms of the disruption that Covid-19 has caused. But this is where the industry is. From about 100 channels in 2000 when FICCI Frames was first held, today, we have over 900 channels in this country. The size of the print business, which was just about a billion- a billion and a half dollars, is about four billion dollars, and India remains one of the few countries where the print is reasonably healthy. And the emergence in this period has been, of course, of the digital industry, which is a big success and has already become the nucleus of the media and entertainment sector. It is also reflected in FICCI Frames in FICCI Media and Entertainment Committee with the takeover of Sanjay Gupta as the head of Media and Entertainment. And a lot has changed in this industry. I cannot but recall my own association for a minute, so please bear with me.

My story of getting into FICCI has been a interesting one – I didn’t even know, as a news editor and journalist, what role I would play. But then the Secretary-General of FICCI, Amit Mishra, who is a friend, he persuaded me to join FICCI and there I ran into this legendary visionary, an amazing man, the late Yash Chopra who persuaded me to come and become active in FICCI. Frankly, I did not even know what role I would play, and Yashji was so persuasive. You could not say no to him, and there I came into FICCI in 2010, and he persuaded me to become the Chair of FICCI Broadcast Forum, and then a few years later, I took over FICCI Media and Entertainment Committee.

The one thing that it did for me is to understand the media and entertainment in all its nuances and details. So I have just one message for all the youngsters who might have logged in today. The time spent on forums like FICCI Frames and FICCI Media and Entertainment Committee is not a distraction; it is not a time wasted. It allows you to understand this sector better, it allows you to benefit the sector better, and it allows you to contribute to the sector. And all of this will happen. Our own businesses will not grow. We have seen the role that FICCI Frames have played in the growth of the Media and Entertainment business. I think despite all the setbacks that we are facing this year and hurdles that we are facing, those are really temporary and we can easily overcome them, and we are ready in this sector to make a much big leap to make a much bigger and much more successful global media and entertainment business. But, for that, a few things need to change as I wind up my formal association with FICCI Media and Entertainment Forum, not from FICCI, where I continue to be Senior Vice President. I have to say that a few things that still remain unfinished continue to trouble me, and I think in the next few years, we should focus on how to change all of that.

The biggest bane in the country, especially for print, TV, and now even for digital, has remained its disproportionate dependence on advertising. Advertising, as the industry has grown, its dependence on advertising has grown. Usually, this number mentioned that advertising revenues in the year 2000 used to be just about a billion dollars, and now that number is 10 billion dollars. It has helped the growth of the industry, it has sustained the industry, and all the participants have benefited from it. But its also been a bit of a distraction because globally the industry has grown, whether its newspapers or magazines or whether it is other forms of content delivery. They have benefitted from building direct consumerism where the consumer pays for the product. In this country, and truly told, all of us are guilty of this. We decided to be shortsighted, and we decided to subsidise our products, and we decided, in order to create hurdles for small challengers, we decided to take charge to subsidise our businesses, for the buyer, the consumer and get the money from the advertiser. That has become a very, very big setback for the industry, and if this industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That’s fair, and that’s the only way this industry can grow. This year’s setback for the industry is going to be very, very severe. It is one of the industries that people do not often realize is going to be hurt very badly because of the covid setback. And that is primarily because of our disproportionate dependence on advertising. And I think years ahead we must fix that.

The second thing I must mention, while President Sangeeta Reddy mentioned the growth of the films, business and theatrical exhibition, and even television content and newspaper, those are all great. Those are all very impressive achievements. However, for a country of this size, we should be doing a lot better. Our ambitions in the area of content remain really small. We are very happy on television winning the TRP, and as long as we are going ahead over the heads of our competitors, we feel very good. But that really is again a huge distraction. The content business has gone truly global, and the opportunity to scale it up is much much bigger. Today intermediaries have been marginalized, and we have the technology and the ability to go directly to consumers and build our business much bigger. And this is not just about TV, this is about newspapers, this is about digital, and this is about all other forms of business. We haven’t done that, and what is worse is that we have also actually been even more shortsighted and gone and worked with agencies like regulators and other competitors to create hurdles in the way of unlocking the power of the business. And as a result of that, we will not be able to invest in content, and we have not taken our ambitions to the global domain. For instance, even much smaller countries like South Korea, like Israel, like Turkey and our Ambassador, are sitting here, countries like Italy, of course, have a much bigger media business and their content travels globally. Indian content, let us face it, still doesn’t travel globally. Films do not travel globally, television content doesn’t travel globally, and this is not for lack of creativity. This is only because of our smaller ambitions and shortsightedness. I think the industry should fix that. Unless we start becoming a bigger player or factor in the global content consumption space, the business will always be sub-optimal.

Finally, for an industry that is growing at this rate, we have to expand and create the talent funnel that we have. People coming into this business, whether it is on the side of news, whether it is visual content, whether it is digital content, we still do not have organized supply funnels of high quality and trained writers, other technicians, directors, actors, etc. That is becoming a stumbling block.

And finally, I think this cannot happen, and I make this reference to honorable Minister and to the Joint Secretary, this cannot happen unless the government recognizes the sector to be an important part of the economy, the creative economy that can create jobs, businesses, wealth and can also create soft power that Mrs. Sangeeta Reddy was referring to. That will lead to a greater, bigger, and more shiny brand India, globally. Media has been by, and large kept to play a marginal role in the Indian economy, and that has hurt the country and the brand of the country globally. I think its time that we started fixing that when we look to come out of the Covid crisis, that probably is the best opportunity to do a complete pivot and start thinking about it.

Thank you very much. I once again thank everyone in FICCI Media and Entertainment Committee for supporting me, helping me and embracing me and sometimes suffering me for over a decade.”

Exchange4Media |

WPP will continue to invest in the Indian market: Mark Read

“No company is immune from the economic impact of the pandemic,” noted Mark Read during an interaction at FICCI FRAMES 2020 on Tuesday. The WPP CEO was speaking on the impact of COVID-19 on the Indian market, ad spends and his insights into what the future holds.

“In the short term, things are going to be tough for my business in India. We expect to get people gradually back into the office when measures relax. We're very focused on keeping our people safe, therefore we're not rushing people back into work. It's been fantastic to see what people have done, given where they are. We're investing in a new production hub. We’ll be able to produce content for our clients quickly and cheaply, that goes across all channels.”

Sharing more his India outlook, Read said: “We continue to invest in the Indian market. We were there in India, around three weeks before the lockdown. It was my last trip abroad before we went into the lockdown. We had spent three or four days with Srinivas and the team in Mumbai and met a number of our clients. At that time, I don't think people fully expected this. But, I'd say there was some cautiousness, but not where we are. What we're really looking to do is, help clients with that gradual recovery - identifying areas of demand, helping them to communicate in the right way to the consumer's need, providing reassurance, and understanding what the crisis is doing to them.”

“India has always been a very socially responsible country. We've done a lot of work with the government. We're very proud of the efforts we've done in that in that area. We're going to continue to help clients in their comeback, get the right balance of creative message between being appropriate, and communicating the functionality that people need at the moment.”

Asked about WPP creating solutions for client demand, Read said: “Our vision for WPP is to be a creative transformation company. So creative means, we're in the business of ideas, innovation and growth. I think this is what clients need to succeed, what they've always needed but what they'll need even more than ever, as they come out of the pandemic. We'll see people different people affected very differently by this. There'll be some people who will be delighted. There'll some people who will be financially worse off. There're some people who would have lost loved ones. We can't forget that more than half a million people around the world have died so far, that number is only increasing sadly. Therefore, I think understanding consumer behaviour will be critical.”

Read further said that as a company WPP will be focused on creativity and transformation “on how we help clients, how they use the market, and how they need to market in the future”. “We want to be ‘a’ company, meaning we operate as one, if we can. While we have strong brands, like AKQA, Mindshare, Ogilvy, and Wunderman Thompson etc, all to be able to work together. Clients do want to have what I call ‘silo-less solutions’. So, increasingly, what we're doing for clients is putting teams together. We're eliminating duplication. We’re taking down barriers. We're enabling to work in a much more agile fashion. We're letting them share data. We're putting in common technology systems. We have creative teams that work together to come up with ideas that work across all of the channels. That gives clients a much better answer to what they need to do, particularly bringing creative, media, production, public relations and social media together. In India, unlike other markets, if we can get that working in a very agile and fast fashion, it will be really important to our clients as they come out of the situation.”

Read also shared his thoughts on outdoor media. “Clearly outdoor has been challenged by the fact, that in many parts of the world people are not outdoors. Three months ago in London, it was deserted. Today, it's feels like 80% is back to normal. I don't have the benefit of being in Mumbai or Delhi to see what it's like there. But I think outdoor media will come back.

“The growth of digital outdoor media is really interesting. It offers the ability to target messages, more precisely by audiences, by time of day, to be much more responsive to events, and to measure the impact much more carefully. Like other parts of the economy, the outdoor industry needs to move online and provide clients with much faster ways of changing their creative and adapting it, than it has done historically. The cost of that may be prohibitive in some parts of the world. But we'll see that'll really drive the continued growth of outdoor and this pandemic will be something of a blip. But, a sort of broad based, brand awareness media will be still needed in this world.”

Speaking on the worry over sustainability from a packaging and delivery point of view, Read said “theoretically, it should improve sustainability”. “If we're reading an electronic newspaper compared to buying a paper newspaper, it should be better for the environment, particularly if we could generate energy from renewable sources. I would say I am an optimist. I'm an optimist about sustainability and about clean energy. The decline in prices for solar and wind, are already cheaper than a coal powered power station. The decline in prices will give us renewable and sustainable energy at the right price.”

Read spoke about driving digital adoption that would lead to much less impact on sustainability. “One thing I have seen during this pandemic is that digital payments have been quite resilient. Consumers are prepared to pay for services, like Spotify approached a $50 billion market cap now in music. People are signing up to online subscription services. There's a much greater willingness to pay for digital products and services. I don't think that goes against the sustainability agenda. If anything, it should start to accelerate the sustainable agenda. And suddenly, if I look at WPP's carbon footprint, it's going to be much lower in 2020, than it was in 2019. We're saving significant amounts of money on air travel around the world. I think we have found we can efficiently do an event like this without me flying to India, generating few tons of CO2 for my return trip. It may not be 100% as good but it's probably 95% good, and it's certainly 100% better for the environment. Hopefully, people will be less willing to go back to the way things were. There could be hyper local delivery on foot.”

As part of the virtual events, Read also took up questions on the digital medium’s growth, the Facebook boycott, and the ban on TikTok in India. Asked how advertisers and agencies can look to connect with the digital consumer in such scenarios, Read said: “Despite the shift of digital media, there continues to be issues with social media around brand safety, and around the divisive nature of some of the platform. As an agency, WPP advises its clients on how to spend the money, and it's up to the clients to decide how to do that. But a number of our clients have either paused this thing with Facebook, or taken other actions over the last few months.”

“We have had robust conversations wading through all social media platforms, if they respect advertiser dollars they have to provide a safe environment for all brands and for consumers. And that does mean taking more responsibility for the content on their platform, and having policies that protect consumers and end up with a safe platform. Also, these platforms should have procedures and processes to take down content that doesn't fit those policies. To some extent, demands by consumers, pressure groups and activists, have accelerated the changes both in policies and in the procedures they can do to take down content. There's a degree of frustration that these things are not happening quickly enough. There continues to be hate speech on social media platforms. People generally agree there should be no hate speech on social media apps. I do think that the pressure on platforms to change is understandable. We had a lot of robust conversations with the platforms about the need to change the things they do, like working with a global body, or the Global Alliance for Responsible media, with the World Federation of advertisers and all of our clients to make clear what has to happen. Now currently, this is mainly an US issue. But I think to some extent, it is a global issue. And it's a careful balance that the platforms have to take between free speech, taking down hate speech and moderating the content on their platform and having the resources to do that. And, I think, perhaps they've moved too slowly in the past and haven't taken firm enough action and so they're being caught out by these pressures. In a long run, it is a good thing

Coming back to the Indian context, Read spoke about the impact in terms of ad spends in the Indian market. “We said it was 5% in Q1. We're looking at a figure of, the average of three months to may be 50%-60% in Q2. I would Q3 to be 30% and little bit less in Q4. I'm really extrapolating from that. There are no other official or expert forecasts, but we are seeing some recovery in economic activity.”

Digital Studio |

Green shoots visible in the economy, India will bounce back with vengeance - Amitabh Kant

Amitabh Kant, CEO, NITI Aayog today emphasized that India will soon bounce back from COVID-19.

Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”

He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.

Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.

“India, often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Mr Kant said.

Enumerating the importance of Atmanirbhar Bharat program launched by the government, Mr Kant said that through this, the government has brought radical reforms in various sectors like MSME, agriculture, etc. “Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said.

On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing. “We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” added Mr Kant.

Highlighting the importance of data, Mr Kant said that in India, we are seeing data at very low-price points. India’s usage of data will be enormous. “We need to move from the scale of data to becoming data intelligent in the years to come. This would require us to leapfrog in the world of Artificial Intelligence,” he asserted.

Mr Kant said that use of blockchain can act as a game-changer in solving many critical problems related to the huge pendency in civil courts or land related matters. “We need to use blockchain and get into real time monitoring of these issues. These are some of the areas where India must technologically leapfrog, and it is critical for India’s long-term ability to grow at high rates consistently,” he added.

India Info Line |

Soon film industry will resume operations; Govt to announce SoP in line with Unlock-2

The Indian media and entertainment sector is set to witness some revival as the government is planning to reopen the film industry soon with precautionary measures. The Union Minister for Information & Broadcasting Prakash Javadekar said that the centre will soon issue Standard Operating Procedures to speed up the resumption of film production in the unlock phase.

Javadekar on Tuesday said, "To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly."

The 2020 edition of the annual gathering of the media & entertainment industry is being held on a virtual mode given the Covid-19 pandemic.

In the meeting, Niti Ayog CEO Amitabh Kant in his address said every crisis can be turned into an opportunity and India must identify 12-13 sunrise sectors in which it can leapfrog to become global champions to achieve sustainable high growth and create jobs. He highlights the Media & Entertainment industry as one of them.

In the discussion, Uday Shankar, Chairman, Star and Disney India and a leading voice of the industry said “the M&E sector is an important part of the creative economy. It can create jobs and businesses and make India shine globally”.

However, Shankar lamented the fact that Indian media industry, especially print, TV and digital remained disproportionately dependent on advertising revenue and said that the COVID pandemic has proven that this arrangement is a major set back. Adding he said, “if the industry has to grow, it needs to shed its dependency on the advertisement,”

Meanwhile, emphasizing the COVID induced disruption of the industry, Sanjay Gupta of Google said, the sector may shrink from $ 20 billion to $ 15 billion in 2020-21, but has the ability to bounce back as a ‘creative powerhouse.’

Thereby, Javadekar said, FICCI Frames Virtual Summit, which will be on till 11th July, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector.

Newsday24 |

Indian media industry to hit $100 bn revenue by 2030: Google India

The Indian media and entertainment industry could reach $100 billion by 2030, said Sanjay Gupta, country manager and vice-president of sales and operations at Google India, on Tuesday.

“This is a moment for us as an industry to usher in a fundamental shift in the way the M&E sector works and is perceived by the world. I believe and all of us in the FICCI M&E committee believe that we can be a 100-billion-dollar industry by 2030,” he said at a session of the Federation of Indian Chambers of Commerce & Industry (FICCI)’s Frames event.

Talking about the impact on the media and entertainment industry due to the coronavirus-related lockdown, Gupta, who is the chairman of FICCI's Media and Entertainment Committee, said the industry revenue this year was likely to fall to $15 billion from $20 billion last year.

"An even bigger challenge is the impact on jobs and the livelihood of those impacted. As we find ways to adapt to these new levels, it is estimated that around 20 per cent of our workforce may lose their jobs, potentially impacting nearly a million people," he added.

However, he urged the film industry to think beyond creating just for the domestic market. "When it comes to films, India gets less than seven per cent of its revenues from overseas markets. Hollywood, in contrast, earns almost 70 per cent from the global markets. Despite years of applause for Bollywood from various corners of the world, we have still not managed to create a truly global market for our creative work," Gupta said.

He further suggested forward looking policy initiatives like simplifying the taxation framework for the media and entertainment industry, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games.

“In the short term, we do need to expedite some of the policy decisions which can help in the sector's recovery. We need to possibly resolve some of the critical issues like tax burden on DTH and radio. We could also look at allowing theaters to be used for multiple activities like showing sports games or educational activities to maximize capital utilization and looking at local taxation to see if we can eliminate it. Broadcasting sector will benefit by ensuring light touch regulation. We can also think of using CSR money for advertising products and services which are beneficial to society today in these unique times. In my mind, it is not about giving cash benefits, but enabling the industry to continue on the recovery path,” Gupta said.

The Navhind Times |

Aatmanirbhar package to have multiplier effect: Thakur

The Finance Ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday.

Emphasising that India’s resilience will sail the country through these testing times, he said the government led by Prime Minister Narendra Modi is doing everything possible for Indians and the industry to deal with the challenges caused by the outbreak of COVID-19 pandemic.

“In the Finance Ministry we are evaluating the situation regularly and swiftly implementing announcements made so far. Aatmanirbhar Bharat Abhiyan package will have a multiplier effect on the economy. If you look at this, the two decades of reforms were undertaken in the span of two weeks. India means business in a world where business is no longer as usual,” he said.

The Aatmanirbhar Bharat Abhiyan package which focuses on survival of business and sets a roadmap for the revival of the economy, he said while addressing FICCI Frames via webinar.

The five-part stimulus package, announced in May, comprised Rs 5.94 lakh crore in the first tranche that provided credit line to small businesses and support to shadow banks and electricity distribution companies.

The second tranche included free foodgrain to stranded migrant workers for two months and credit to farmers, totalling Rs 3.10 lakh crore. Spending on agri infrastructure and other measures for agriculture and allied sectors in the third tranche totalled to Rs 1.5 lakh crore.
The fourth and the fifth tranches that dealt mostly with structural reforms including relaxation of foreign direct investment (FDI) limit in defence, privatisation of six more airports, and fully opening up coal mining to the private sector.

Talking about the media and entertainment sector, Thakur said the creative economy is a high growth sector.

“If nurtured properly, it can tremendously boost competitiveness, productivity, sustainable growth, employment and the export potential of India. The challenge before India is in the form of intellectual property, and the copyright digitalisation, skilled workforce and access to distribution networks,” he said.

The industry is totally dependent on advertisement, whereas globally, major income comes from distribution networks or from the payment that each consumer pays, he said.

There is a need to align all of these to accelerate and create new avenues of growth and revenue, he added.

Exchange4Media |

We can be a $100 billion industry by 2030: Sanjay Gupta

The world has changed in the last four months and the media and entertainment industry like most other sectors is going through a rough patch. At the FICCI FRAMES 2020, Sanjay Gupta, Country Manager and Vice President, Google India, and Chairman with FICCI Media and Entertainment Committee, said it is time to rise to the occasion and bring back the industry to health. According to Gupta, a little push from the government could help the industry in recovering faster.

Gupta also suggested that the FICCI M&E committee would be submitting a recommendation to MIB shortly. “We are focused on working with the government to unlock the full potential of the industry to power India's economic engine,” he said.

“This is a moment for us as an industry to usher in a fundamental shift in the way the M$E sector works and is perceived by the world, I believe and all of us in FICCI M&E committee believe that we can be 100 billion dollar industry by 2030,” he added.

According to Gupta with forward-looking policy initiatives like simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games, can enable the industry to get clarity and ensure that companies can invest in it with a long term growth opportunity in mind.

“In the short term, we do need to expedite some of the policy decisions which can help in the sector's recovery. We need to possibly resolve some of the critical issues like tax burden on DTH and radio. We could also look at allowing theaters to be used for multiple activities like showing sports games or educational activities to maximize capital utilization and looking at local taxation to see if we can eliminate it. The broadcasting sector will benefit by ensuring light-touch regulation. We can also think of using CSR money for advertising products and services which are beneficial to society today in these unique times. In my mind, it is not about giving cash benefits, but enabling the industry to continue on the recovery path,” Gupta said.

The M&E industry, Gupta said, had revenue of $20 billion in 2019 and the digital media accounted for 20% of the industry revenue. Through direct and indirect employment, the M&E sector has employed close to 5 million people in 2019.

However, the world has changed in the last four months and the industry is going through one of the most uncertain periods of all times.

Talking of hardships, Gupta said, “Through this period, the media and entertainment sector has been hit very, very hard. The studios are just about opening up, cinema halls are still closed and will continue to be so for some more time. Not everyone is comfortable getting a newspaper delivered to their homes. And the advertising revenues, which is a lifeline of this industry, are down anywhere from 50% to 19% over the last few months. If I look at the full year 2020, we'll see the sector shrink to $15 billion. Even bigger a challenge is the impact on jobs and the livelihood of those impacted,” he said.

It is estimated that around 20% of the workforce in the industry may lose their jobs, potentially impacting nearly a million people. The pandemic has forced the entire world into a conversation about trade, interdependence and economic recovery. According to Gupta, the world ought to see the Indian industry not just as an M&E sector serving India, but as a creative powerhouse that delivers globally and inspires the world. “To realize this opportunity in India we need collective effort, both from within the industry, as well as the government,” he added.

Adgully |

Indian M&E can be a $100 billion industry by 2030: Sanjay Gupta

Prime Minister Narendra Modi’s call for ‘Atmanirbhar Bharat’ reflected in the opening addresses by industry leaders and ministers alike at the inaugural session of FICCI Frames 2020, titled ‘Role of the Creative Economy to Revitalise Economic Growth’.

While delivering his address, Sanjay Gupta, Country Manager and Vice-President, Google India, and Chairman, FICCI Media and Entertainment Committee, stressed on creating a compelling ‘Make in India’ story for India’s M&E industry. “We believe we can be the ‘Creative Powerhouse’ that delivers globally and inspires the world!” Gupta exclaimed.

Following is the complete text of Sanjay Gupta’s address at FICCI Frames 2020:

“My regards to the Honourable Minister Shri Anurag Thakur, His Excellency Mr Vincenzo De Luca - Ambassador of Italy to India and all my colleagues of the Media and Entertainment industry. A very good afternoon to all of you!

When we met last year, the world was a slightly different place. We talked of the exponential impact that digital was delivering for the media and entertainment industry and how we could leverage the power of digital to truly harness the potential of the M&E sector.

And we have made progress - the industry had revenues of $20 billion in 2019 and the digital media accounted for 20% of the industry revenue. Digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled, from the 2018 levels and the digital advertising revenues grew to command 24% share of the total advertising spend.

Through direct and indirect employment the Media & Entertainment sector employed close to 5 million people in 2019.

All this is great news. However, the world has changed in the last 4 months!

We are going through one of the most uncertain periods in our living history. Through this period, the Media & Entertainment sector has been hit very hard. The studios are just about getting back, cinema halls are still shut and will continue to be so, most of the people continue to work from home, not everyone is comfortable getting a newspaper delivered to their homes and the advertising revenues, which is the lifeline of this industry, are down anywhere from 50% to 70% over the last few months.

If I look at the full year 2020, we will see the sector shrink from $20 billion to $15 billion. Even bigger challenge is the impact on jobs and the livelihood of those impacted. As we find ways to adapt to this new normal, it is estimated that around 15% to 20% of our workforce may lose their jobs, potentially impacting nearly a million people.

The pandemic has forced the entire world into a conversation about trade, interdependence and economic recovery. And to my mind, this is the moment for us, as an industry, to usher in a fundamental shift in the way the M&E sector works and is perceived by the world.

The world needs to see us, not just as a M&E sector solving for India - but as a Creative Powerhouse that delivers globally and inspires the world! To realise this opportunity in India, we need collective effort both from within the industry, as well as the government.

We have the stories and the storytellers! The Indian media industry is the biggest in the world by output. Over 500,000 hours of television content is made every year, 80,000 newspapers are published daily and more than 1,600 feature films are produced each year. 98% of this output is conceptualised, shaped and produced in India. Each piece is uniquely crafted, stamped through local assembly lines, distributed locally and very often exported to various parts of the world. Very few industries can claim this extent of indigenous creation. Be it Electronics, Handsets or Auto, even with factories in India, they assemble parts shipped from various countries in the world. In my mind, there can’t be a more compelling ‘Make in India’ story for this country than the media & entertainment industry.

We are one of the global leaders in technology – across graphics, animation, VFX – that is completely revamping the contours of storytelling. In fact, our technology is powering the world! The dragons in the ‘Game Of Thrones’ were created by an animation studio in Mumbai. Even more than a decade back, the visual effects for ‘Avatar’ were powered by an Indian firm. With the right support, India can become a global hub for post Production and support content production in areas like Animation/ VFX, Post production and Game development.

Ours is a country that has always been constrained by screens. There are only 9,000 theatres in the country. Then came television, which over the last three decades has grown phenomenally. Today, there are 20 crore TV screens and we add more than 1 crore new screens every year. But with the power of connectivity and low cost of data, in almost a click, about 50 crore more screens across the country have been lit up. Today, on these news screens people are watching movies, reading news, listening to songs, engaging with the best Indian drama and reality shows and learning new skills! Today, we have so many more screens where a billion Indian can engage!

This potential has become more real than ever with digital connecting audiences across the globe, providing powerful art and storytelling, a global canvas. Centuries ago, stories from India travelled across countries & continents, without conquest or without any technology. These were stories like Ramayana & Mahabharata or the tales of Gautam Buddha. If they could capture the imagination of the world just on the power of their ideas and characters, what excuse do we have today? When it comes to films, India gets less than 7% of its revenues from overseas markets. Hollywood, in contrast, earns almost 70% from the global markets. Despite years of applause for Bollywood from various corners of the world, we have still not managed to create a truly global market for our creative work.

By limiting the significance of the M&E industry to just numbers on economic value and job creation in a fragmented way as Print or TV or Radio or Gaming or Films, we have long ignored the true potential of this creative industry.

Cultural exports such as these need to be valued for their influence, and the multiplier impact they can create for other sectors of the economy as well as the strategic role they can play in positioning India on a global stage and its growing global significance.

Countries around the world like UK, South Korea and Japan provide powerful examples of how joint forums between the government and the creative industry have unlocked tremendous value for both.

The Creative Industries Council in UK worked on aspects such as access to finance, skills, export markets, regulation, IP and the infrastructure for the creative industry and solved it by providing a strategic long term framework for each of these issues. This helped the UK creative economy to cross the £100 billion mark in 2017.

We can be a $100 billion industry by 2030!

With forward looking policy initiatives, simplification of the taxation framework and adopting a light touch regulatory approach we can enable the industry to get clarity and ensure that companies can invest with a long term view to leverage the opportunity available in front of us.

We need to expedite some of the policy decisions which can help in the sector’s recovery. We need to re-calibrate some of the legislative proposals that are likely to enhance compliance burden. These proposals, if implemented, will hit the already struggling industry.

The FICCI M&E Committee is focussed on working with the government to unlock the full potential of this industry to power India’s economic engine. We will soon come back to you, honourable Minister with our recommendations, including those emerging from the discussions@eFrames, on the way forward.

We believe we can be the “Creative Powerhouse” that delivers globally and inspires the World!

The opportunity is to not only ‘Make in India’ but “Light up the World”!

Filmi Beat |

Government to announce SOPs for resumption of film production: Prakash Javadekar

Union Minister for Information & Broadcasting Prakash Javadekar today said that the Government will soon issue Standard Operating Procedures to speed up resumption of film production in the unlock phase. "To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," said Shri Javadekar addressing the 21st edition of FICCI Frames.

In view of the Covid-19 pandemic, the 2020 edition of the annual gathering of the Media & Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai lake in Mumbai.

The Minister further remarked that the Covid pandemic has forced people to think of new ways to communicate. Virtual gatherings have become the new normal, but the partnerships forged are real". He said that India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide. The Minister called upon all stakeholders to work together to make progress and harness the soft power of India - media and entertainment.

Delivering the key-note address, Minister of State for Finance, Anurag Thakur said the creative industry has a significant role to play in transforming India into a knowledge based economy. "From volume, the focus must shift to value creation" he added.

Participating in a technical session, Secretary, Information & Broadcasting Amit Khare said, in films, the role of the government should be that of a facilitator. "Different regulatory structures must be brought in sync to ensure less regulation" he added. Shri Khare also said that the Government was fully in support of granting infrastructure status to the Media & Entertainment Industry and added that some definitions need to be fine tuned.

Niti Ayog CEO Amitabh Kant in his address said every crisis can be turned into an opportunity and India must identify 12-13 sunrise sectors in which it can leapfrog to become global champions to achieve sustainable high growth and create jobs. He listed Media & Entertainment industry as one of them.

Daily Hunt |

Javadekar said in the inaugural season of FICCI Frames, the government will bring SOP for shooting the film between Corona

Union Minister Prakash Javadekar said on Tuesday that the central government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in the wake of the covid-19 epidemic. At the same time, the government will also give incentive money to speed up film production. In the inaugural session of "FICCI Frames 2020" organized by FICCI, the Minister of Information and Broadcasting said these things. Describing media and entertainment as 'soft power' of India, he said that all the beneficiaries need to work together to move forward.

Javadekar said, "In view of the Corona epidemic , the government is coming up with a standard operating procedure for the shooting of films." To resume, the government will encourage all areas of manufacturing such as television serials, film production, co-production, animation and gaming. We will announce those measures soon.

Javadekar said that more than 80 foreign filmmakers have taken advantage of the Film Facilitation Office. He used the single window facility for shooting his films in India. He said that the discussions in "FICCI Frames 2020" will definitely bring new and innovative ideas on which further work can be done. He said that the "virtual" (virtual) inauguration should now be considered a new normalcy and that these virtual spaces are the new places to have real partnerships.

bolly |

Green shoots visible in the economy, India will bounce back with vengeance - Amitabh Kant

Amitabh Kant, CEO, NITI Aayog today emphasized that India will soon bounce back from COVID-19. Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back.

I am optimistic that we will bounce back with vengeance.”He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.“India, often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Mr Kant said.
Enumerating the importance of Atmanirbhar Bharat program launched by the government, Mr Kant said that through this, the government has brought radical reforms in various sectors like MSME, agriculture, etc. “Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said.On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing. “We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” added Mr Kant.

Highlighting the importance of data, Mr Kant said that in India, we are seeing data at very low-price points. India’s usage of data will be enormous. “We need to move from the scale of data to becoming data intelligent in the years to come. This would require us to leapfrog in the world of Artificial Intelligence,” he asserted.Mr Kant said that use of blockchain can act as a game-changer in solving many critical problems related to the huge pendency in civil courts or land related matters. “We need to use blockchain and get into real time monitoring of these issues. These are some of the areas where India must technologically leapfrog, and it is critical for India’s long-term ability to grow at high rates consistently,” he added.

Share Market Ipo |

Atmanirbhar Bharat is not anti-globalisation: CEO, NITI Aayog

Innovation is the key to success for economic growth and atmanirbhar bharat is not anti-globalisation, said Amitabh Kant, CEO, NITI Aayog on Tuesday.

Sharing his thoughts at FICCI Frames he said that India is in the midst of transformation and people who work with the technology and sunrise sectors will survive going ahead.

He said that the country needs to leapfrog into the world of technology. India very often gets into sunset areas of industries and then it becomes very difficult to penetrate in the global market. Therefore, it is very important for the country to get into new areas of growth.

Kant highlighted that people who are going to work on data and artificial intelligence will drive growth going ahead.

Sharing his thoughts at FICCI Frames through video conferencing, he added that India’s usage of data will be enormous. “There is a need to move from data to data intelligent,” he said.

Kant also added that use of blockchain is the need of the hour. Technology will also help in real-time monitoring of specific issues. He said that India needs to liberalise on clinical trials and there is a need to get into high-value products.

Commenting on atmanirbhar bharat, Kant said the programme has brought many reforms in the form of MSME definition, agricultural sector, among others.

“atmanirbhar bharat is not anti-globalisation. It is about getting the best from the world. It not about protectionism. It is about enhancing the ability of Indian companies to create world-class products and capture the domestic market and then use the strength of the domestic market to penetrate into the global market. It is about being a global champion.”

He highlighted that everything is going to be digital and even face-to-face consultation will go in years to come.

Daiji World |

Government hints at incentives for resumption of film, TV production

Union Minister for Information and Broadcasting Prakash Javadekar has announced that the government will soon issue Standard Operating Procedures to boost resumption of film production, at a time when the nation is witnessing the unlocking phase after the lockdown.

"To accelerate the restart of filmmaking that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," the minister said on Tuesday, while speaking at the 21st edition of FICCI Frames.

Owing to the COVID- 19, this year the annual event was held virtually instead of being organised near Powai Lake, where it normally takes place.

The FICCI Frames Virtual Summit will continue till July 11.

As the nation witnesses a phased opening up of the Covid-19 induced lockdown, film industries across the country prepare to get back to action.

On Tuesday, Bollywood actress Taapsee Pannu took to Instagram Stories to announce she was back at work. She gave a glimpse of her make-up vanity room, sharing that she has started shooting amid the ongoing coronavirus pandemic.

"Let's do this. #BackToWork," Taapsee captioned the image.

Also on Tuesday evening, trade analyst Taran Adarsh announced that a new Bengali film titled "SOS Kolkata" will be going on floors on Wednesday. The film starring Yash, Nusrat Jahan, Mimi Chakraborty, Sabyasachi Chakraborty and Shantilal Mukherjee in key roles, is slated for a Durga Puja release this year.

In Mumbai, Ekta Kapoor recently resumed shooting for her daily soap "Naagin 4".

Telangana Today |

'Centre to release SOPs to speed-up resumption of film production'

Union Information and Broadcasting Minister Prakash Javadekar on Tuesday said that the Centre will issue Standard Operating Procedures (SOP) to speed up the resumption of film production, which got stalled due to COVID-19 pandemic.

“In view of the epidemic, the government will release the Standard Operating Procedures (SOP) for film shooting in India, to speed up the resumption of film production which has stalled due to COVID-19,” Union Minister Prakash Javadekar said at the inaugural address at ‘FICCI Frames 2020’, which is an international convention of the Indian film industry.
“The government is also introducing incentives in all productions including TV serial, film making, co-production, animation, gaming. These will be announced soon,” he added.

Earlier, shooting for films, teleserials, advertisements, OTT platforms was stopped in view of the coronavirus pandemic, which later resumed in the month of June.

With a spike of 22,252 cases, India’s COVID-19 count breached the seven lakh mark and reached 7,19,665 on Tuesday, according to the Union Ministry of Health and Family Welfare.

Telangana Today |

India will bounce back from COVID-19: Amitabh Kant

Noting the emergence of “green shoots” in the economy, NITI Aayog CEO Amitabh Kant on Tuesday emphasised that India will soon bounce back from the novel coronavirus or COVID-19 crisis.

Citing examples of fast-moving consumer goods (FMCG), he said key sectors like FMCG have already come back to work in positive signs to bring back the economy from the crisis.

“I am optimistic that we will bounce back with vengeance,” Kant said while addressing a session on ‘Role of the Creative Economy in Nation Building’ on FICCI digital forum.

“We are already witnessing the emergence of green shoots in the economy.”

Kant said that India must identify 12-13 sectors in which it can be a global champion and suggested that all of us need to be very clear that the pandemic is a massive challenge not just for India but for the world.

He, meanwhile, said that every crisis is also an opportunity and we must pick up areas of growth which will help us emerge as winners for tomorrow.

Elaborating on the potential areas, the NITI Aayog CEO said that the areas like data, genomics, mobility, drones, creative industry along with media and entertainment will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs.”

Kant further stated that while COVID-19 has brought in a ‘New Normal’, it will be innovation which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive growth, he said.

“India often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Kant said.

Enumerating the importance of the Atmanirbhar Bharat programme launched by the government, Kant said that through this, the government has brought radical reforms in various sectors like MSME and agriculture.

“Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said. On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing.

“We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” Kant added.

Highlighting the importance of data, Kant said that in India, we are seeing data at very low price points and India’s usage of data will be enormous.

The Economic Times |

Media & entertainment to emerge big job creator in post-Covid India: Thakur

Union Minister of State for Finance Anurag Thakur on Tuesday said work from home is here to stay and the media and entertainment industry is likely to emerge as one of the biggest employment generators in post-Covid India

"The current pandemic and lockdown situation has shown us that work from home is here to stay. We have to look for opportunities in this crisis. This is the right time for India to grow,” he said, adding that digital platforms can help us grow faster. “We see huge space of employment and growth in the media and entertainment space,” he said.

The Union Minister said the Modi government was doing everything possible for India and India Inc. “India will sail through these testing times and triumph,” he said.

Thakur, also the Union Minister for Corporate Affairs, said the government has announced two decades of reforms in a span of just two weeks and it is swiftly implementing the same. Sharing his thoughts at FICCI Frames through video conferencing, he said the coronavirus pandemic has unsettled the long-term plan of the nation. The pandemic has refined the labour market and disrupted global supply chains.

"Covid-19 pandemic has created uncertainties in every aspect of businesses. No one can predict when this pandemic will end. At the Finance Ministry, we are regularly evaluating the situation. The Atmanirbhar package will have a multiplier effect on the economy,” he said.

Prime Minister Narendra Modi announced the Rs 20 lakh crore financial package in May in a bid to revive the Covid-hit economy.

The country’s Covid tally raced past the 7 lakh mark on Tuesday, five days after crossing the 6 lakh mark, after a single-day spike of 22,252 infections. The death toll has breached the 20,000 mark, according to the Union Health Ministry data.

It took 110 days for coronavirus infections in the country to reach the 1 lakh mark, and then just 49 days to go past the 7 lakh mark.

The Economic Times |

Atmanirbhar Bharat is not anti-globalisation: CEO, NITI Aayog

Innovation is the key to success for economic growth and Atmanirbhar Bharat is not anti-globalisation, said Amitabh Kant, CEO, NITI Aayog on Tuesday.

Sharing his thoughts at FICCI Frames he said that India is in the midst of transformation and people who work with the technology and sunrise sectors will survive going ahead.

He said that the country needs to leapfrog into the world of technology. India very often gets into sunset areas of industries and then it becomes very difficult to penetrate in the global market. Therefore, it is very important for the country to get into new areas of growth.

Kant highlighted that people who are going to work on data and artificial intelligence will drive growth going ahead.

Sharing his thoughts at FICCI Frames through video conferencing, he added that India’s usage of data will be enormous. “There is a need to move from data to data intelligent,” he said.

Kant also added that use of blockchain is the need of the hour. Technology will also help in real-time monitoring of specific issues. He said that India needs to liberalise on clinical trials and there is a need to get into high-value products.

Commenting on Atmanirbhar Bharat, Kant said the programme has brought many reforms in the form of MSME definition, agricultural sector, among others.

“Atmanirbhar Bharat is not anti-globalisation. It is about getting the best from the world. It not about protectionism. It is about enhancing the ability of Indian companies to create world-class products and capture the domestic market and then use the strength of the domestic market to penetrate into the global market. It is about being a global champion.”

He highlighted that everything is going to be digital and even face-to-face consultation will go in years to come.

The Economic Times |

Indian M&E industry has remained short-sighted: Uday Shankar

Uday Shankar, Senior VP of FICCI and chairman of Star & Disney India, on Tuesday criticised the top Indian media and entertainment industry players for their collective short-sightedness, which has resulted in hampering the growth of the industry.

Speaking at the inaugural of FICCI FRAMES 2020, Shankar, who is also president of The Walt Disney Asia Pacific, said that while the growth of the film business, theatrical exhibition, and even television content and newspaper is all great and those are all very impressive achievements, for a country of this size, “we should be doing a lot better”.

“Our ambitions in the area of content remain really small. We are very happy on television winning the TRP, and as long as we are going ahead over the heads of our competitors, we feel very good. But that really is again a huge distraction. The content business has gone truly global, and the opportunity to scale it up is much bigger,” he said.

Noting that in today’s world, when the intermediaries have been marginalised, and the technology is available to go directly to consumers and build business much bigger, across TV, print and all forms of business, the industry hasn’t done that.

“We have also actually been even more short-sighted and gone and worked with agencies like regulators and other competitors to create hurdles in the way of unlocking the power of the business. And as a result of that, we will not be able to invest in content, and we have not taken our ambitions to the global domain,” Shankar said.

Much smaller countries like South Korea, Israel, Turkey and Italy have a much bigger media business and their content travels globally, while Indian content still doesn't travel globally and not for the lack of creativity.

“This is only because of our smaller ambitions and short-sightedness. I think the industry should fix that. Unless we start becoming a bigger player or factor in the global content consumption space, the business will always be sub-optimal,” he said.

He noted that when FICCI Frame was launched, media and entertainment was a fledgling industry in India. The total size of the industry was barely about a few crore, across television, print, radio, and everything included. It wasn't even considered a very serious business. But today the Indian M&E industry is about $20-25 billion.

“The biggest bane in the country, especially for print, TV, and now even for digital, has remained its disproportionate dependence on advertising. As the industry has grown, its dependence on advertising has grown,” Shankar said. “Globally, the industry has grown if the consumer pays for the product. In this country, all of us are guilty of being short-sighted. We decided to subsidise our products for the buyer, the consumer and get the money from the advertiser.”

That, according to Shankar, has become a very, very big setback for the industry.

“If this industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That's fair, and that's the only way this industry can grow.”

He warned that the setback because of Covid-19 pandemic is going to be “very, very severe”, and that is primarily because of the “disproportionate dependence” on advertising.

Shankar further added that for an industry that is growing at the current rate, there is a need to expand and create the talent funnel.

“We still do not have organised supply funnels of high quality and trained writers, technicians, directors, actors, etc. That is becoming a stumbling block,” said Shankar. “And this cannot happen unless the government recognises the sector to be an important part of the economy, the creative economy that can create jobs, businesses, and wealth and can also create soft power.”

He said that the growth of the industry can lead to a greater, bigger, and more shiny brand India, globally.

“Media has, by and large, kept playing a marginal role in the Indian economy, and that has hurt the country and the brand of the country globally. I think it’s time that we started fixing that when we look to come out of the Covid crisis. Probably it is the best opportunity to do a complete pivot and start thinking about it,” he summed up.

The Economic Times |

Time for Indian media industry to explore new avenues of growth & revenue: Anurag Thakur

India's media and entertainment industry should align itself with global markets where bulk of revenue comes from subscriptions instead of advertising, said Anurag Thakur, minister of state for finance.

“The industry is totally dependent on the advertisement (revenue) whereas globally the major income comes from the distribution networks or from the payment that each consumer pays. We must align all of these to accelerate and create new avenues of growth and revenue,” he said Tuesday, talking to industry at FICCI Frames 2020 through video conferencing.

He added that India should have a larger share of the global market of creative goods, which has doubled in value from $215 billion in 2002 to $509 billion in 2015. “While we create volume, we must also create value,” he said.

With work from home becoming a permanent aspect, Thakur said that direct-to-home could benefit immensely in this situation. Media and entertainment industry was likely to emerge as one of the biggest employment generators in post-Covid time, with an equal opportunity for vernacular language segment, original content creation and streaming.

“The creative economy and its industries are high growth sectors if nurtured properly and tremendously boost competitiveness, productivity, sustainable growth, employment, and the export potentials of India,” he said.

The minister of state also pointed to the issues being faced by industry, including intellectual property, copyright digitalisation, skilled workforce, access to distribution networks, among others. However, he asked the industry to create a roadmap for advancement of the industry, and the areas that need government support. “The government will support industry at every step.”

Thakur, who is also the minister of state for corporate affairs, said that Covid pandemic, he said, had unsettled long term plans of nations, redefined labor market, disrupted global supply chains and created uncertainty in every aspect of business.

The Indian government has implemented 20 years of reforms in two weeks through the Atmanirbhar Bharat package, which will have a multiplier effect. He also added that the finance ministry was evaluating the situation regularly and swiftly implementing announcements made so far.

“The Modi government was doing everything possible for India and India Inc. India will sail through these testing times and triumph,” he said.

The Economic Times |

Government wants a level playing field across media with light regulation: I&B Secretary

The Information and broadcasting ministry is working on a ‘light touch regulatory regime’ that will bring all the sectors within the media and entertainment (M&E) industry - print, television, radio, films and digital media - under one governance umbrella, allowing a level playing field, said Amit Khare, secretary, I&B ministry.

Speaking at the annual media conclave FICCI FRAMES 2020 via video conferencing, Khare said that the government wants to facilitate all the sectors.

“There is definitely a need for a level playing field amongst the different media, but level playing field will not mean that we bring everybody under a very heavy regulatory structure. In fact, during the last six years of the present government, the entire focus has been on ease of doing business and on having less but more effective regulation,” Khare said.

He also said that the government is “seriously thinking” on bringing digital news aggregators under the FDI purview, similar to print media.

“There is very serious thinking that the level playing field should be there between the print media and the digital platforms. The announcement will come after the decision is finally taken by the government and it’s not my place to say but the feeling is that 26% FDI should be applicable to the aggregators as well as the print media,” Khare said.

The ministry has had consultations with media heads in the last year, some of whom, according to officials, have complained that regulations that applied to print journalism companies were not applicable to news aggregators who often used their content.

"The DPIIT has already taken views of the Information and Broadcasting Ministry on the issue, but there are some clarifications on the road ahead that we are waiting for," an official said. Doubts with regard to how the rules will apply to aggregators, like Inshorts and Dailyhunt, which are basically apps websites that curate their content from other publishers, and to online news publishing sites will be clarified then.

Khare pointed out that earlier the regulatory regimes have developed specific to each platform in India.

So while print media has a separate regulation under the Press Council of India (PCI), the All India Radio and FM industry are governed by a separate set of rules.

For example, FM radio is not permitted to carry news other than that of AIR.

Meanwhile, TV developed on a different path altogether with no pre-censorship but a self-regulation system in place.

Citing another example, he said, whereas films require prior certification, the OTT platforms didn’t.

“For five different media - print, radio, television, films and the OTT platforms - four of them are governed by different types of regulatory practices, some are self-regulated, some are pre-regulated or post-regulated, and one of them is unregulated,” Khare said.

However, the convergence of content delivery has resulted in a situation where the traditional regulations don’t work.

“We have developed this concept of having ‘a light but tight regulation’. Instead of having 200 rules or clauses,” said Khare. “The different regulatory structures need to be brought in sync with each other, not to impose more regulation, but rather to liberate them with less but more fine- tuned and easy to implement regulations.”

On bestowing M&E sector an infrastructure status, Khare said, the I&B ministry fully supports the proposal and even the Ministry of Finance is on board except for some definitions that need more clarity.

“The Minister of Finance wants to know what exactly is the infrastructure. Perhaps a small group of our ministry and FICCI broadcasts committee could sit together and work on the definitions. The proposal has already been supported by our Ministry, finance ministry and the Niti Ayog,” Khare said.

As technology disrupts business models, regulations have to keep pace with the changing tech landscape.

“Definitely there is always a gap between the regulations, and the technology. We have seen the Singapore model, where they have one structure that provides a ‘no go’ area. If you are not in the no go area, everything is ok. You don’t have to bring the regulation every time the technology changes. That is an open idea, but still at the idea stage,” Khare said.

The Economic Times |

India will bounce back with a vengeance: Amitabh Kant

Amidst the multiple challenges thrown up by the Covid-19 pandemic, India will bounce back with a vengeance with green shoots in the economy already being visible, NITI Aayog CEO Amitabh Kant said.

According to Kant,every crisis can be turned into an opportunity and India must identify 12-13 sunrise sectors in which it can leapfrog to become global champions to achieve sustainable high growth and create jobs.

“Electrical mobility, artificial intelligence, blockchain technology, liberalising clinical trials and moving on to high value products in pharmaceuticals as well as the creative industry are the areas in which we can leapfrog to help country grow at consistently high growth rates,” Kant said while speaking on the “Role of creative economy in nation building” at the FICCI E-Frames 2020 on Tuesday.

Commenting on the Atma Nirbhar Bharat, Kant said it is not about protectionism. “Atma Nirbhar Bharat is the ability of Indian companies to develop world-class products to cater to the domestic market and eventually hit the global markets by becoming global champions,” he said.

“It has to be a collaborating partnership between the government and private players,”he said, citing the example of development of the Aarogya Setu app which has touched 140 million downloads. “Building of capacity will be critical and backing of the government will help companies get size and scale,” he added.

According to Kant, Covid-19 had brought in a new normal and those who survive will be the people who work technology, data and in sunrise sectors. “Indian has traditionally focussed on sunset sectors where it is difficult to get the size and scale,” he added.

Talking about the creative industry, Kant said India is emerging as a hub of the creative economy. “The media and entertainment industry is on a fast track to growth and poised to cross $30 billion by 2021 with creative exports likely to double over the next four-five years,” he said, adding a large number of new jobs are likely to be created in the creative industry as well as e-commerce.

The Economic Times |

Govt formulating SOPs for film shooting: I&B minister

The central government is in process of formulating standard operating procedures (SOPs) for film shootings, said Union Minister Prakash Javadekar on Tuesday, even as Maharashtra and a few state governments have allowed TV producers to resume shootings.

Javdekar, who was addressing the media and entertainment industry via a video message during the inaugural session FICCI FRAMES 2020, said that the virtual space is the new normal.

“Virtual is the new place for forging real partnerships. Our government will partner with the industry for progress of the sector and to harness the soft power of India, which is media and entertainment,” he said.

The information and broadcasting minister said, though the contribution of the Indian media and entertainment sector is small to the global market currently, there is a huge potential.

“Content produced by India is consumed in more than 150 countries and Indian cinema creates a large number of job opportunities and earns significant revenue,” he said.

Javadekar emphasised that the sector needs new entrepreneurs, founders and owners to steer the industry forward.

“The government will stand shoulder to shoulder with the industry and I urge you to share your suggestions and recommendations with the ministry for propelling the sector forward,” he said.

Earlier, Anurag Thakur, minister of state for finance said that it is the right time for India to grow and showcase the country’s soft power to the world.

“We have to build an ecosystem that nurtures talent and enables growth of the industry. I urge FICCI to create a roadmap and discuss it with the government for advancement of the industry,” said Thakur.

Uday Shankar, Senior VP, FICCI, and chairman of Star & Disney India, said that the industry is set to take a huge hit on account of disruptions caused by the pandemic.

“Media has been hit due to industry’s disproportionate dependence on advertisements. While it is true that advertising revenues have helped the industry grow and sustain, there have also been a lot of distractions, where businesses have prioritised advertising over content,” he added.

Sanjay Gupta, chairman, FICCI Media and Entertainment Committee and country manager, Google India, said, forward-looking policy initiatives like simplification of the taxation framework, adoption of a light-touch regulatory approach, bestowing infrastructure status to the industry and support to accelerate exports of films and games will allow the industry to grow to $100 billion by 2030.

Business Standard |

Indian media industry to hit $100 bn revenue by 2030: Google India's Gupta

The Indian media and entertainment industry could reach $100 billion by 2030, said Sanjay Gupta, country manager and vice-president of sales and operations at Google India, on Tuesday.

“This is a moment for us as an industry to usher in a fundamental shift in the way the M&E sector works and is perceived by the world. I believe and all of us in the FICCI M&E committee believe that we can be a 100-billion-dollar industry by 2030,” he said at a session of the Federation of Indian Chambers of Commerce & Industry (FICCI)'s Frames event.

Talking about the impact on the media and entertainment industry due to the coronavirus-related lockdown, Gupta, who is the chairman of FICCI's Media and Entertainment Committee, said the industry revenue this year was likely to fall to $15 billion from $20 billion last year.

"An even bigger challenge is the impact on jobs and the livelihood of those impacted. As we find ways to adapt to these new levels, it is estimated that around 20 per cent of our workforce may lose their jobs, potentially impacting nearly a million people," he added.

However, he urged the film industry to think beyond creating just for the domestic market. "When it comes to films, India gets less than seven per cent of its revenues from overseas markets. Hollywood, in contrast, earns almost 70 per cent from the global markets. Despite years of applause for Bollywood from various corners of the world, we have still not managed to create a truly global market for our creative work," Gupta said.

He further suggested forward looking policy initiatives like simplifying the taxation framework for the media and entertainment industry, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games.

“In the short term, we do need to expedite some of the policy decisions which can help in the sector's recovery. We need to possibly resolve some of the critical issues like tax burden on DTH and radio. We could also look at allowing theaters to be used for multiple activities like showing sports games or educational activities to maximize capital utilization and looking at local taxation to see if we can eliminate it. Broadcasting sector will benefit by ensuring light touch regulation. We can also think of using CSR money for advertising products and services which are beneficial to society today in these unique times. In my mind, it is not about giving cash benefits, but enabling the industry to continue on the recovery path,” Gupta said.

Business Standard |

FICCI Frames: Consumers must pay for content, says Disney's Uday Shankar

Media businesses have prioritised advertising over content and the industry is set to take a huge hit because of its reliance on advertising, Uday Shankar (pictured), president of The Walt Disney Company (Asia-Pacific) and chairman, Star and Disney, said on Tuesday during the FICCI Frames virtual summit.

Held annually in March, Frames was postponed because of the Covid-19 pandemic. The summit started on Tuesday and would continue till Saturday.

Shankar said the media industry’s short- sightedness was responsible for the “disproportionate dependence” on advertising and that consumers must pay for content.

“The biggest bane of this industry — especially for print, television and even digital — has been its over dependence on advertising. If the industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That’s the only way this industry can grow,” he said.

Advertising revenue in media, Shankar said, had grown to $10 billion now from $1 billion in 2000. While advertising had helped the media industry to sustain itself over the years, it has also been a huge distraction, he said.

The media industry in India is pegged at $20 billion, of which half is contributed by advertising alone in terms of revenue. Television remains the largest medium in terms of advertising, followed by the print and digital. But, the Covid-19 pandemic has disrupted the business, with advertising across categories taking a significant hit.

Globally, the media industry has grown on the back of establishing a ‘direct’ relationship with consumers, Shankar said.

“All of us are guilty of this. We decided to be shortsighted, we decided to subsidise our products and created hurdles for small challengers,” he said.

The media veteran also said that there was an urgent need to expand the local talent base and create a supply funnel that delivered writers, actors and directors on a regular basis.

He urged the government to give the necessary support to the sector to help expand the country’s ‘soft power’.

Prakash Javadekar, Union minister, information and broadcasting, said the government was formulating standard operating procedures for shooting and re-starting filmmaking in India, which had come to a standstill because of the pandemic.

“Content produced by India is consumed in more than 150 countries and Indian cinema earns significant revenue,” he said.

However, Sanjay Gupta, country manager and vice-president, Google India, said nearly a million people could lose their jobs in media and entertainment due to the lockdown.

“In 2020, we will see the sector shrink from $20 billion to $15 billion,” said Gupta. “An even bigger challenge is the impact on jobs and livelihoods. As we adapt to a new normal, it is estimated that around 20 per cent of our workforce may lose their jobs, potentially impacting nearly a million people,” he said.

Gupta also said that to be a ‘creative powerhouse’, policy initiatives such as a simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games was needed.

Financial Express |

FICCI Frames 2020: Google's Sanjay Gupta on the need to engage in conversation about trade and economic recovery

We were living in a different world and the spread of Covid-19 has forced the world to engage in a conversation about trade, interdependence and economic recovery, Sanjay Gupta, country manager and vice president – Google India and chairman – FICCI, media and entertainment committee, said. Gupta was speaking at the 21st edition of FICCI Frames. According to him, when it comes to films, India gets less than 7% of its revenues from the international markets. Hollywood, in contrast, gets more than 70% from international markets. “Cultural exports such as these need to be valued for the influence, and the impact they can create for the other sectors of the economy as well as the strategic roles they can play in positioning India on a global stage,” he noted.

Gupta also delved on the adverse impact of the pandemic on advertising revenue, stating that it had declined from 50% to 19% over the last few months. “If I look at the full year 2020, we will see the sector shrink to $15 billion. Around 20% of our workforce may lose their jobs, potentially impacting nearly a million people,” he added.

Nonetheless, with forward-looking policy initiatives, such as simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate the export of films and games, the industry can get more clarity and be well on its plans to become a $ 100 billion industry by 2030.“In the short term, we do need to expedite some of the policy decisions which can help in the sector’s recovery. We need to possibly resolve some of the critical issues like tax burden on DTH and radio, it could also be allowing theatres to be used for multiple activities like showing sports games or educational activities to maximise capital utilisation and looking at local taxation to see if we can eliminate it,” he elaborated.

As per Gupta, the Indian media industry is the biggest in the world by output, with over 5 lakh hours of television content made every year, 80,000 newspapers published daily, and more than 1,600 feature films produced each year – 98% of all these outputs are conceptualised, shaped and produced in India. The Media and Entertainment industry had a revenue of $20 billion in 2019 and the digital media accounted for 20% of the industry revenue.

Financial Express |

FICCI Frames 2020: Star's Uday Shankar on how advertising revenue is the biggest bane of the Indian M&E industry

Even as the Indian media and entertainment industry has grown by leaps and bounds on the back of digital proliferation, it continues to face challenges in certain areas, “The biggest bane of this industry especially for print, TV and digital remains its disproportionate dependence on advertisements,” Uday Shankar, president, The Walt Disney Company, APAC and chairman of Star and Disney India, said. Shankar was speaking at the 21st edition of FICCI Frames being held virtually due to Covid-19. According to him, as the industry has grown so has its dependency on advertising revenue. Valued at a billion dollars in 2000, advertising revenue accounts for nearly $10 billion today and has been a distraction for the players in the industry.

Drawing examples from the other international markets, Shankar spoke about how media and entertainment (M&E) industries have managed to build a direct-to-consumer relationship where consumers pay for the content/product, something which the Indian M&E industry has neglected to do. “We, as the members of the M&E industry, are all guilty of being shortsighted. We subsidised our products for buyers and the consumers and let the advertisers fill the gap. This setup has proven to be a major setback, and the pandemic has shown us. If the industry has to grow, it needs to shed its dependency on advertisement,” he added.

Next Shankar pointed out the issues the content business in India. From aspiring to simply top the TRP charts in the TV sector to working with regulators, among others are some of the reasons behind the Indian content business not being able to enter the global platform as other smaller countries such as South Korea, Israel and Turkey. “Due to our small ambition, we have not been able to invest in the content business and taken our content to the global domain. Unless we start becoming a bigger player or a factor in the global content consumption space, the business will always be suboptimal,” he noted.

Lastly, Shankar addressed the need to expand and create a better talent funnel for the industry. According to him, the lack of a high-quality supply funnel that trains writers, technicians, actors directors, among others, is a stumbling block for the industry.

Financial Express |

FICCI Frames 2020: WPP's Mark Read on the structural shift in media consumption on digital channels

With a growing number of companies turning to digital media in order to drive demand through digital channels during the lockdown, ad spends on traditional media is set to be impacted in the post-pandemic world. “The biggest difference is changes in consumer behaviour, which I think is more resilient. In the US and UK, we saw in 2008-09 a massive decline in newspaper advertising and a big decline in newspaper reading and that spend never came back,” Mark Read, chief executive officer, WPP said. He was speaking at the 21st edition of FICCI Frames being held virtually.

According to Read, there will be a structural shift in media consumption on digital channels and that will accelerate further post the pandemic phase. “As it accelerates, advertising dollars and subscription money will shift creating pressure on traditional broadcasters,” he added citing the need for marketers and companies to increase their investment in technologies. He further cited an example of how despite an increased viewership on TV from 14-18% in most parts of the world and local news viewing being doubled, traditional media such as television, print, cinema, OOH have been the most impacted during the pandemic.

Read also pointed out that India has shown one of the most severe reactions in terms of advertising spends across the world. “In India, we expected ad spends to be up by about 13% in the year but it was already impacted by the first quarter down 5%,” he noted. However, the country has now entered recovery and renew stage where people have started thinking about what they want to do once the pandemic is over. He stated that there are three phases of the pandemic namely ‘React, Recover and Renew.’

Lastly, Read delved into the importance of the outdoor medium in the post-pandemic world. As per him, the outdoor medium will come back, especially the digital outdoor medium with its ability to target messages more precisely by audiences, time of the day and measuring the impacts more carefully. “The outdoor industry needs to move online and provide clients with much faster ways of changing their creative and adapting themselves,” he explained.

The Times of India |

Green shoots visible, India will bounce back: Niti Aayog CEO Kant

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection. However, with the gradual unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

The Indian Express |

Government to come up with standard operating procedure for shooting amid COVID-19: Prakash Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India — media and entertainment.
“Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic,” the Information and Broadcasting minister said.

“Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at ‘FICCI FRAMES’ would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

The Hindu |

Govt. to come up with SOP for shooting films: Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate the restarting of film-making, Union Minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of ‘FICCI FRAMES 2020, a convention on the business of entertainment, Mr. Javadekar said all stakeholders need to work together to make progress and harness the soft power of India — media and entertainment.

“Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic,” the Information and Broadcasting Minister said.

“Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” he said.

Mr. Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Mr. Javadekar said.

He said the discussions at ‘FICCI FRAMES’ would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Mr. Javadekar said.

Live Mint |

SOP for shooting films soon in India amid pandemic: Javadekar at FICCI FRAMES

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of 'FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

Live Mint |

Media undersold itself, is overdependent on advertising: Uday Shankar

The biggest bane of media and entertainment industry in India, especially for print and television, has been its disproportionate dependence on advertising, said Uday Shankar, Senior Vice-President, FICCI, and President, The Walt Disney Company Asia Pacific and Chairman, Star and Disney.

Addressing the 21st edition of FICCI Frames on Tuesday, Shankar said, “As the industry has grown, its dependence on advertising has also grown. Advertising revenue in media in 2000 was just about $1 billion and now it is $10 billion. It has helped the industry to sustain but it has also been a distraction," he said.

The size of Indian media and entertainment industry is about $20-25 billion with over 900 television channels, newspapers, magazines, cinema theaters and multiplexes and a host of digital as well as over-the-top online video streaming platforms.

Shankar emphasized that globally, the media industry has grown, whether its newspapers/magazines, television or other forms of content delivery, because they have built direct-to-consumer relationship where the consumer pays for the product.

“In India, truth be told, all of us are guilty of being short-sighted and subsidizing our products to create hurdles for smaller challengers. We have subsidized our businesses for the buyer and decided to get the money from advertisers which has become a big setback for the industry," he added.

Letting advertisers pay for the product has become a big setback for the media industry which is looking at a bleak year as advertising plummets due to the ongoing pandemic.

Shankar said the only way to grow to the next level is to get people to pay for what they consume. He further highlighted that for a country of a size like India the ambition in the area of content remains extremely small.

“Today, intermediaries have been marginalised and technology has allowed us to go to directly to the consumer. This is not just about television but also newspapers and digital. We haven’t done that and what’s worse is we have been short-sighted enough to partner with regulators and competitors to create hurdles in the way of unlocking the power of the business," he noted.

Citing the example of small countries such as South Korea, Italy and Turkey that have a much bigger media business with their content travelling globally, Shankar urged industry players to invest in quality content and establish supply funnel for high-quality and trained talent in the area of news, entertainment and television content.

Live Mint |

Govt bats for Atma Nirbhar Bharat in media and entertainment industry

Reiterating Prime Minister Narendra Modi’s call for an ‘Atma Nirbhar Bharat’ or self-reliant India, ministers and senior government officials on Tuesday exhorted the media and entertainment sector to come up with content conceptualized and executed entirely in the country even as covid-19 challenges persist.

Speaking on the first day of FICCI Frames, an annual media and entertainment event, held online this year, they said the industry should champion the cause of ‘Atma Nirbhar Bharat.’

“There is immense potential in original content creation as well as job creation in vernacular language production. We should focus on both volume and value," Anurag Thakur, minister of state for finance, said.

Thakur, along with panelists like Uday Shankar, Senior Vice President, FICCI and President, the Walt Disney Company Asia Pacific and chairman, Star and Disney and Sanjay Gupta, chairman, FICCI media and entertainment committee and country manager and vice-president, Google India agreed that the pandemic had posed massive challenges for the sector but opportunity had to be found in adversity.

A whole generation of young millennials is proudly watching content in native languages. According to the FICCI-EY media and entertainment industry report 2019, overall consumption continued to increase on video OTT platforms in 2018, with regional consumers driving growth.

Google claims that 97% of content on its YouTube platform is now consumed in local languages, and a similar trend was seen across most of the OTT platforms in India. However, Gupta was quick to point out that covid is estimated to wipe out nearly 20% of India’s M&E workforce, impacting nearly a million people. However, great opportunity lies in sectors like VFX and animation, where the country already employs brilliant minds and has worked on several big-ticket Hollywood films.

Thakur also added that the government is constantly evaluating the situation and will offer support or relief to the industry, as required.

“We will be partners. We have to harness the soft power potential of India for the progress of the country," union minister of information and broadcasting Prakash Javadekar said.

He added that the government will bring out standard operating procedures or SOPs for shooting in a post-pandemic world and will provide incentives to producers across film, TV and web platforms in the coming days, the details of which will be announced soon.

Facilities provided to foreign filmmakers to shoot in India through a single-window clearance has already helped around 80 producers, Javadekar said, adding the country is a cost-effective option for many. Netflix biggie Extraction and Christopher Nolan’s upcoming film Tenet were shot in India recently.

Live Mint |

The value of discerning customers

Media has always undersold itself. So said Uday Shankar on Tuesday at the 21st edition of FICCI Frames, a media conclave held by Federation of Indian Chambers of Commerce and Industry (FICCI). Shankar is currently president of Walt Disney Company’s Asia Pacific business - which had bought Star’s operations in India - and also senior vice-president of FICCI, and what he said should make audiences far and wide sit up. Traditional media such as publications and TV channels, according to him, had hurt their own interests by staying too dependent on ad revenues. With ad budgets being slashed right, left and centre, the riskiness of their business models had been exposed.

Indeed, Indian media has seen fierce competition over the accumulation of eyeballs for advertisers to aim messages at. This game led media vehicles to lower access barriers for their audiences, resulting in their being taken for granted - as virtually free services - by people at large. Today, even high-quality and better differentiated media products find it hard to make their primary customers pay for the value they get. Meanwhile, the proliferation of online avenues has made it difficult to keep content from leaking all over the internet.

What’s the solution? Discerning readers and viewers, goes one hope, will not flinch in paying up for content they truly value. Also, advertisers will begin to look beyond audience size and go for qualitative attributes instead. This may not be a forlorn hope, going by the recent boycott by big brands of social media platforms that carry posts that are often divisive and dangerous without batting an eyelid. It’s clearer than ever that eyeballs are not everything. What should be valued - in the finest sense of the term - are the values that media vehicles uphold. Audiences and advertisers alike need to acknowledge as much.

The New Indian Express |

Government to come up with SOP for flim shootings in wake of COVID-19: Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking through a video link at the virtual inauguration of 'FICCI FRAMES 2020', a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

India enjoys a huge cost advantage in content creation and Indian content is being watched in over 150 countries worldwide, Javadekar said.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

Participating in a technical session, Secretary, Information & Broadcasting, Amit Khare, said in films, the role of the government should be that of a facilitator.

"Different regulatory structures must be brought in sync to ensure less regulation," he said.

Khare also said that the government was fully in support of granting infrastructure status to the media and entertainment industry and added that some definitions need to be fine tuned.

FICCI Frames Virtual Summit , which will be on till July 11, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector.

Italy is the focus country of FICCI-Frames 2020.

In view of the COVID-19 pandemic, the 2020 edition of the annual gathering of the Media and Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai Lake in Mumbai.

The New Indian Express |

Green shoots visible, India will bounce back with vengeance: Niti Aayog CEO Amitabh Kant

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus.

The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection.

However, with the gradually unlocking, economic activities are reviving.

The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

Millennium Post |

Green shoots visible, India will bounce back: Niti Aayog CEO Kant

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection. However, with the gradually unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

The Print |

Govt to come up with SOP for film shoots in light of Covid-19 pandemic: Prakash Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of ‘FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India — media and entertainment.

“Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic,” the Information and Broadcasting minister said.

“Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at ‘FICCI FRAMES’ would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

The Print |

Govt wants level playing field for print, digital media with FDI: I&B Secretary Amit Khare

Information and Broadcasting (I&B) Secretary Amit Khare Tuesday said the government is attempting to bring more freedom for different media platforms and it is also looking at getting a “level playing field” for print and digital media in terms of foreign direct investments (FDIs).

“Twenty-six per cent FDI should be applicable to the print media as well as digital platforms,” Khare said.

Last year, the Union Cabinet had approved 26 per cent FDI for digital media platforms, which was earlier applicable only to the print media. A 49 per cent FDI is applicable for news channels.

Khare, however, said a level playing field does not imply subjecting media platforms to a heavy regulatory structure.

He said this while speaking at the 21st edition (online) of FICCI Frames during a session on ‘Shaping the Future of M&E in Today’s Digitalised and Information Driven Economy’.

The five-day global online convention, which began Tuesday, covers various aspects of the media and entertainment sector, and is attended by industry stakeholders and also government policy-makers from India and abroad.

“The entire last six years of the government focused on ease of doing business and having less but more effective regulation,” he said, adding that the idea is to bring in few regulations, which would be easy to implement and that would bring in the desired results.

The I&B ministry is currently working on amending many of its existing rules and Acts, such as the uplinking and downlinking guidelines on satellite TV channels, and the PRB (Press and Registration of Books) Act.

‘Different regulatory practices for different media’

Stating that there are different regulatory practices for different media such as the Press Council of India for the print media and the Central Board of Film Certification certification for films, Khare said there has to be a level playing field for all, including OTT platforms such as Netlflix and Disney+ Hotstar, which do not come under any regulatory purview as of now.

“Different regulatory structures must be brought in sync to ensure less regulation,” he said.

He also said while digital platforms come under the purview of the Ministry of Electronics and Information Technology, the I&B ministry is proposing that content should also come under it given that a convergence of various ministries is necessary.

Khare also holds the charge as the higher education secretary in the human resource development ministry, which has pushed for digital initiatives in the wake of the pandemic to impart education to students.

Ministry wants to work as a ‘facilitator’

Khare said the I&B Ministry is trying to provide more freedom to the media and entertainment industry, and work as a facilitator and educator, more than a regulator.

He further said the ministry is fully in support of granting an ‘Infrastructure Status’ to the media and entertainment industry, provided there is more clarity on the definition of the infrastructure.

ThePrint had reported how the Covid lockdown had left the entertainment industry bleeding. The industry has been losing crores of rupees a day on sponsorship money for want of fresh content.

Meanwhile, I&B Minister Prakash Javadekar, in a video message, said the government will soon announce incentives for films and TV production that have been hit badly by Covid-19. He also said the government will come out with a Standard Operating Procedure for film and TV shoots.

CNBC TV18 |

Advertisement dependency a bane for media & entertainment industry: FICCI Frames

The coronavirus outbreak has had a significant impact on India's media and entertainment industry. Advertising revenues for the industry have shrunk by 50-90 percent over the last 3-4 months, according to industry estimates.

"The biggest bane for the industry has been its high dependence on advertising. If the media industry has to grow, the one thing that must be fixed is to get people to pay for what they consume," said Uday Shankar, President, The Walt Disney Company APAC, and Chairman - Star & Disney.

However, the emergence of the digital industry has changed the way India consumes content. The big challenge for the industry is to take this content overseas.

"Indian content still doesn't travel globally owing to the industry's short-sightedness. We have to expand & create a talent funnel across news and digital content," said Shankar at the FICCI Frames virtual conference.

Innovation in terms of content creation and delivery is expected to be the way forward to drive growth in India's media and entertainment industry. As India deals with the pandemic and lockdown restrictions, the government is also working on regulations as well as incentives for the media and entertainment sector.

"We will be coming out with SoPs for film shooting. We will also be releasing incentives on production for gaming, animation, and TV serials shortly," said Prakash Javadekar, Minister of Environment, Forest and Climate Change, Minister of Information and Broadcasting and Minister of Heavy Industries and Public Enterprises. "Our share in the global market is small but can grow phenomenally," he added.

Owing to the immense content creation opportunities in the media and entertainment sector, experts believe that it could emerge as one of the biggest employment generators going forward.

"COVID-19 has redefined the labour market and created uncertainty in every aspect of business. The Finance Ministry is evaluating the situation regularly. We see immense potential to create jobs by investing in vernacular language content," said Anurag Thakur, Minister of State for Finance.

NDTV |

Standard operating procedure for film shoots amid COVID-19 to be introduced, says Prakash Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union Minister Prakash Javadekar said on Tuesday, reported news agency PTI. Speaking at the inauguration of FICCI FRAMES 2020, a convention on the business of entertainment, Mr Javadekar said all stakeholders need to work together to make progress and harness the soft power of India - media and entertainment. "Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Prakash Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office. They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at FICCI FRAMES would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

NDTV Profit |

Aatmanirbhar package to have multiplier effect on economy, says Anurag Thakur

The Finance Ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. Emphasising that India's resilience will sail the country through these testing times, he said the government led by Prime Minister Narendra Modi is doing everything possible for Indians and the industry to deal with the challenges caused by the outbreak of COVID-19 pandemic.

"In the Finance Ministry we are evaluating the situation regularly and swiftly implementing announcements made so far. Aatmanirbhar Bharat Abhiyan package will have a multiplier effect on the economy. If you look at this, the two decades of reforms were undertaken in the span of two weeks. India means business in a world where business is no longer as usual," he said.

The Aatmanirbhar Bharat Abhiyan package which focuses on survival of business and sets a roadmap for the revival of the economy, he said while addressing FICCI Frames via webinar.

The five-part stimulus package, announced in May, comprised Rs 5.94 lakh crore in the first tranche that provided credit line to small businesses and support to shadow banks and electricity distribution companies.

The second tranche included free foodgrain to stranded migrant workers for two months and credit to farmers, totalling Rs 3.10 lakh crore. Spending on agri infrastructure and other measures for agriculture and allied sectors in the third tranche totalled to Rs 1.5 lakh crore.

The fourth and the fifth tranches that dealt mostly with structural reforms including relaxation of foreign direct investment (FDI) limit in defence, privatisation of six more airports, and fully opening up coal mining to the private sector.

Talking about the media and entertainment sector, Mr Thakur said the creative economy is a high growth sector.

"If nurtured properly, it can tremendously boost competitiveness, productivity, sustainable growth, employment and the export potential of India. The challenge before India is in the form of intellectual property, and the copyright digitalisation, skilled workforce and access to distribution networks," he said.

The industry is totally dependent on advertisement, whereas globally, major income comes from distribution networks or from the payment that each consumer pays, he said. There is a need to align all of these to accelerate and create new avenues of growth and revenue, he added.

NDTV Profit |

Some sectors already reviving, Indian economy will bounce back: Niti Aayog CEO

India will soon bounce back from the COVID-19 crisis as the economy is witnessing emergence of green shoots, NITI Aayog Chief Executive Officer (CEO) Amitabh Kant said on Tuesday. "We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG have already come back. I am optimistic that we will bounce back with vengeance," he said while addressing a session organised during FICCI FRAMES 2020.

India must identify 12 or 13 sectors in which it can be a global champion. "All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth which will help us emerge as winners for tomorrow," said Mr Kant.

The key areas will include big data, artificial intelligence, genomics, mobility, drones, creative industry along with media and entertainment. "These sectors will take India to a sustained level of growth in the next 10 to 12 years and create a vast number of jobs," he added.

Enumerating the importance of Atmanirbhar Bharat programme launched by the government, Mr Kant said that the government has brought radical reforms in various sectors like MSMEs and agriculture through this. "Atmanirbhar Bharat is not about isolation. It is about becoming a global champion," he said.On the role of public and private sector partnerships, Mr Kant said the role of technology and the use of digital platforms is increasing. "We are in touch with the private sector to build super apps in areas like education, health and agriculture."

He said the objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets.

Meanwhile, Minister for Information and Broadcasting Prakash Javadekar said the government is formulating standard operating procedures for shooting and re-starting film making in India, which has come to a standstill in the wake of Covid-19 pandemic.

In his video message for the inaugural session of FICCI FRAMES 2020, Mr Javadekar said that virtual space is the new normal. He said the government will partner with the industry for progress of the sector and to harness the soft power of India, which is media and entertainment.

News18 |

Government to issue SOP to speed up resumption of film production

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of 'FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

Zee Business |

Good news for film fraternity! Modi government to announce SOPs for resumption of film production

In good news for film fraternity and people directly or indirectly related to the business, the Modi government has said that it will soon announce Standard Operating Procedures (SOPs) for the resumption of film production. Union Minister for Information and Broadcasting Prakash Javadekar has confirmed that the Government will soon issue SOPs to speed up the resumption of film production in the unlock phase.

“To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," Javadekar said addressing the 21st edition of FICCI Frames.

In view of the Covid-19 pandemic, the 2020 edition of the annual gathering of the Media and Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai lake in Mumbai.

Javadekar further said that the Covid pandemic has forced people to think of new ways to communicate. Virtual gatherings have become the new normal, but the partnerships forged are real. He added, "India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide." The Minister called upon all stakeholders to work together to make progress and harness the soft power of India – media and entertainment.

FICCI Frames Virtual Summit, which will be on till 11th July, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

India.com |

'Green Shoots in Economy': India Will Bounce Back From COVID-19, Says Amitabh Kant

Noting the emergence of “green shoots” in the economy, NITI Aayog CEO Amitabh Kant on Tuesday emphasised that India will soon bounce back from the novel coronavirus or COVID-19 crisis.

Citing examples of fast-moving consumer goods (FMCG), he said key sectors like FMCG have already come back to work in positive signs to bring back the economy from the crisis.

“I am optimistic that we will bounce back with vengeance,” Kant said while addressing a session on ‘Role of the Creative Economy in Nation Building’ on FICCI digital forum.

“We are already witnessing the emergence of green shoots in the economy.”

Kant said that India must identify 12-13 sectors in which it can be a global champion and suggested that all of us need to be very clear that the pandemic is a massive challenge not just for India but for the world.

He, meanwhile, said that every crisis is also an opportunity and we must pick up areas of growth which will help us emerge as winners for tomorrow.

Elaborating on the potential areas, the NITI Aayog CEO said that the areas like data, genomics, mobility, drones, creative industry along with media and entertainment will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs.”

Kant further stated that while COVID-19 has brought in a ‘New Normal’, it will be innovation which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive growth, he said.

“India often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Kant said.

Enumerating the importance of the Atmanirbhar Bharat programme launched by the government, Kant said that through this, the government has brought radical reforms in various sectors like MSME and agriculture.

“Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said. On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing.

“We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” Kant added.

Highlighting the importance of data, Kant said that in India, we are seeing data at very low price points and India’s usage of data will be enormous.

Outlook |

Dependence on advertising biggest bane for media industry: Uday Shankar

Dependence on advertising is the "biggest bane" for the media and entertainment sector, and there is a need for change by making the consumers pay for content, industry veteran Uday Shankar said on Tuesday.

Shankar, who chairs The Walt Disney Company in Asia Pacific, said the media industry's short sightedness is to be blamed for the disproportionate dependence on advertising continuing over the years.

"Biggest bane of this industry, especially for print, TV and now even for digital, has been its disproportionate dependence on advertising," Shankar said in his address to the annual FICCI Frames conference here.

He said the industry has grown to over USD 20 billion and advertising alone contributed over USD 10 billion in revenues as of now.

Globally, the media industry has grown on the back of establishing a clear relationship with the consumers, he said.

"All of us are guilty of this, we decided to be shortsighted, we decided to subsidise our products and we decided to create hurdles for small challengers," a candid Shankar said.

He further said, "if the industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That's fair and that's the only way this industry can grow," he added.

Shankar said he has been associated with the industry lobby and reflected that a lot has changed over the past few years.

Setback for the industry is going to be "very, very severe" because of the COVID-19 pandemic this year, and the impact will be more painful because of the disproportionate dependence on advertising, he said, adding that this needs fixing.

Shankar said the Indian ambitions on content are very small, and it is time the industry expands to having global ambitions and does not concentrate only on the ratings or circulation.

"We have not done that (focused on content) and worse, we have been even shortsighted and gone and worked with agencies like regulators and other competitors to create hurdles in the way of unlocking the power of the business," he said.

Smaller countries like South Korea, Israel, Turkey and Italy have done that, he said, citing that people watch their films regularly while Indian films do not enjoy viewership to the same extent.

"This is not due to lack of creativity, but only due to smaller ambition and short-sightedness. The industry should fix that," he rued.

There is also a need to expand the talent base, he said, adding there are no organized supply funnels delivering talent like writers, actors, directors etc at present.

He also urged the government to give the necessary support to the sector, which has to start with its recognition as an industry and added that doing so will help expand the country's soft power as well.

"Media has been by and large kept to play a marginal role in Indian economy and that has hurt the country and the brand of the country globally," he said, adding that the COVID-19 pandemic presents the right opportunity to come out of it.

Outlook |

Govt to come up with SOP for shooting films in India in wake of COVID-19 pandemic: Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking through a video link at the virtual inauguration of ''FICCI FRAMES 2020'', a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at ''FICCI FRAMES'' would certainly throw up new and innovative ideas that can be acted upon.

India enjoys a huge cost advantage in content creation and Indian content is being watched in over 150 countries worldwide, Javadekar said.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

Participating in a technical session, Secretary, Information & Broadcasting, Amit Khare, said in films, the role of the government should be that of a facilitator.

“Different regulatory structures must be brought in sync to ensure less regulation," he said.

Khare also said that the government was fully in support of granting infrastructure status to the media and entertainment industry and added that some definitions need to be fine tuned.

FICCI Frames Virtual Summit , which will be on till July 11, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

In view of the COVID-19 pandemic, the 2020 edition of the annual gathering of the Media and Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai Lake in Mumbai.

Outlook |

Aatmanirbhar package to have multiplier effect on economy: Thakur

The Finance Ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. Emphasising that India's resilience will sail the country through these testing times, he said the government led by Prime Minister Narendra Modi is doing everything possible for Indians and the industry to deal with the challenges caused by the outbreak of COVID-19 pandemic. "In the Finance Ministry we are evaluating the situation regularly and swiftly implementing announcements made so far. Aatmanirbhar Bharat Abhiyan package will have a multiplier effect on the economy. If you look at this, the two decades of reforms were undertaken in the span of two weeks. India means business in a world where business is no longer as usual," he said. The Aatmanirbhar Bharat Abhiyan package which focuses on survival of business and sets a roadmap for the revival of the economy, he said while addressing FICCI Frames via webinar. The five-part stimulus package, announced in May, comprised Rs 5.94 lakh crore in the first tranche that provided credit line to small businesses and support to shadow banks and electricity distribution companies. The second tranche included free foodgrain to stranded migrant workers for two months and credit to farmers, totalling Rs 3.10 lakh crore. Spending on agri infrastructure and other measures for agriculture and allied sectors in the third tranche totalled to Rs 1.5 lakh crore. The fourth and the fifth tranches that dealt mostly with structural reforms including relaxation of foreign direct investment (FDI) limit in defence, privatisation of six more airports, and fully opening up coal mining to the private sector. Talking about the media and entertainment sector, Thakur said the creative economy is a high growth sector. "If nurtured properly, it can tremendously boost competitiveness, productivity, sustainable growth, employment and the export potential of India. The challenge before India is in the form of intellectual property, and the copyright digitalisation, skilled workforce and access to distribution networks," he said. The industry is totally dependent on advertisement, whereas globally, major income comes from distribution networks or from the payment that each consumer pays, he said. There is a need to align all of these to accelerate and create new avenues of growth and revenue, he added.

Business World |

Green shoots visible in the economy, India will bounce back with vengeance: NITI Aayog's Kant

India will soon bounce back from the Covid-19 crisis as the economy is witnessing emergence of green shoots, NITI Aayog's CEO Amitabh Kant said on Tuesday.

"We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG have already come back. I am optimistic that we will bounce back with vengeance," he said while addressing a session organised during FICCI FRAMES 2020.

India must identify 12 or 13 sectors in which it can be a global champion. "All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth which will help us emerge as winners for tomorrow," said Kant.

The key areas will include big data, artificial intelligence, genomics, mobility, drones, creative industry along with media and entertainment. "These sectors will take India to a sustained level of growth in the next 10 to 12 years and create a vast number of jobs," he added.

Enumerating the importance of Atmanirbhar Bharat programme launched by the government, Kant said that the government has brought radical reforms in various sectors like MSMEs and agriculture through this. "Atmanirbhar Bharat is not about isolation. It is about becoming a global champion," he said.

On the role of public and private sector partnerships, Kant said the role of technology and the use of digital platforms is increasing. "We are in touch with the private sector to build super apps in areas like education, health and agriculture."

He said the objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets.

Meanwhile, Minister for Information and Broadcasting Prakash Javadekar said the government is formulating standard operating procedures for shooting and re-starting filmmaking in India, which has come to a standstill in the wake of Covid-19 pandemic.

In his video message for the inaugural session of FICCI FRAMES 2020, Javadekar said that virtual space is the new normal. He said the government will partner with the industry for progress of the sector and to harness the soft power of India, which is media and entertainment.

Business World |

Centre to release sops to speed-up resumption of film production: Prakash Javadekar

Union Information and Broadcasting Minister Prakash Javadekar on Tuesday said that the Centre will issue Standard Operating Procedures (SOP) to speed up the resumption of film production, which got stalled due to COVID-19 pandemic.

"In view of the epidemic, the government will release the Standard Operating Procedures (SOP) for film shooting in India, to speed up the resumption of film production which has stalled due to COVID-19,"

Union Minister Prakash Javadekar said at the inaugural address at 'FICCI Frames 2020', which is an international convention of the Indian film industry.

"The government is also introducing incentives in all productions including TV serial, film making, co-production, animation, gaming. These will be announced soon," he added.

Earlier, shooting for films, teleserials, advertisements, OTT platforms was stopped in view of the coronavirus pandemic, which later resumed in the month of June.

With a spike of 22,252 cases, India's COVID-19 count breached the seven lakh mark and reached 7,19,665 on Tuesday, according to the Union Ministry of Health and Family Welfare.

The Week |

Centre to come up with SOP for shooting films in India in the wake of COVID-19

The government is coming up with a standard operating procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking through a video link at the virtual inauguration of 'FICCI FRAMES 2020', a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India—media and entertainment.
"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the information and broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

India enjoys a huge cost advantage in content creation and Indian content is being watched in over 150 countries worldwide, Javadekar said.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

Participating in a technical session, secretary, information & broadcasting, Amit Khare, said in films, the role of the government should be that of a facilitator.

Different regulatory structures must be brought in sync to ensure less regulation," he said.

Khare also said the government was fully in support of granting infrastructure status to the media and entertainment industry and added that some definitions need to be fine tuned.

FICCI Frames Virtual Summit, which will be on till July 11, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

In view of the COVID-19 pandemic, the 2020 edition of the annual gathering of the Media and Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai Lake in Mumbai.

Money Control |

Centre to come up with SOPs for shooting films in India in wake of COVID-19 pandemic: Prakash Javadekar

With the film industry stalled due to the COVID-19 pandemic, Union Information and Broadcasting Minister Prakash Javadekar on July 7 said the government is coming up with Standard Operating Procedures (SOPs) for shooting films in India and is also set to provide incentives for production to accelerate restarting of film-making.

Speaking at the inauguration of 'FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India — media and entertainment.

"The government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID-19, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said more than 80 foreign film producers have taken advantage of the film facilitation office. They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

Orissa Diary |

21st edition of 'FICCI FRAMES 2020' gets under way virtually

Mr Prakash Javadekar, Minister, Information and Broadcasting; Environment, Forest and Climate Change; and Heavy Industries and Public Enterprises, Govt of India today said that the government is formulating SOPs for shooting and re-starting filmmaking in India, which has come to a standstill in the current scenario of the COVID-19 pandemic. He added that we will be announcing the SOPs shortly.
In his video message for the inaugural session of ‘FICCI FRAMES 2020′, Asia’s largest convention on the business of entertainment, Mr Javadekar said that virtual space is the new normal. Virtual is the new place for forging real partnerships. He added that the government will partner with the industry for progress of the sector and to harness the soft power of India, which is media & entertainment.

Mr Javadekar said that though contribution of Indian media & entertainment sector is small to the global market currently, we can achieve stupendous results. "Content produced by India is consumed in more than 150 countries and Indian cinema creates a large number of job opportunities and earns significant revenue."

Mr Javadekar added that media & entertainment sector needs new entrepreneurs, founders and owners to steer the industry forward. He assured that the government will stand shoulder to shoulder with the industry and urged the stakeholders to share their suggestions and recommendations with the ministry for propelling the sector forward.

Mr Anurag Thakur, Minister of State, Ministry of Finance said that it is the right time for India to grow and showcase the country’s soft power to the world. With Make in India, we need to design and conceptualize in India and to achieve this we have to nurture the talent in the country. He added that we have to build an ecosystem that nurtures talent and enables growth of the industry.
Mr Thakur urged FICCI to create a roadmap and discuss it with the government for advancement of the industry. FICCI and FICCI Media and Entertainment Committee has been reaching out to the government and stakeholders that has helped in the sectors’ development. He added that the government will support industry at every step.

Mr Vincenzo De Luca, Ambassador of Italy to India said that as the partner country, Italy is proud to participate in FICCI FRAMES in this innovative setting on the virtual platform. Italian creative industry will get an opportunity to engage in B2B meetings with their counterparts virtually at FICCI FRAMES, which will help in developing projects.

The Ambassador said that Italian media & entertainment sector contributes 6% to the country’s GDP and 14% of taxes. Media & entertainment industry is crucial and it can play a strong role in strengthening economic and cultural relationship between Italy and India. "Italy can give support to a more global projection of Bollywood as this will give Italy more Asian and global projection to promote its shooting destinations."

Dr Sangita Reddy, President, FICCI, said, "We present to you the 21st edition of FICCI Frames virtually with the spirit that the show must go on." Media & entertainment sector contributes to the soft power of the nation while boosting employment, value creation and diversity. FICCI remains committed to the development of media & entertainment industry, especially in these trying times, she added.

Highlighting the work of FICCI Media and Entertainment Committee, Dr Reddy said that FICCI has been working on film policy with various state governments including Odisha and Jammu & Kashmir. She added that media & entertainment promotes intellectual property. Our industry has the intellectual capacity and freedom, which is needed for development of the sector.

Mr Uday Shankar, Senior Vice President, FICCI said that industry is set to take a huge hit on account of disruptions caused by the pandemic and that is directly related to the industry’s disproportionate dependence on advertisements. While it is true that advertising revenues have helped the industry grow and sustain, there have also been a lot of distractions, where businesses have prioritised advertising over content, he added.

Mr Shankar said that there is absence of an organised supply of talent funnel of high-quality trained writers, technicians, directors, actors, etc. He requested the government representatives to recognise the media & entertainment sector as an important part of the economy that can create jobs, businesses and wealth.

Mr Sanjay Gupta, Chairman, FICCI Media and Entertainment Committee said that the world needs to see us as a ‘Creative Powerhouse’ that delivers globally and inspires all. To realise this opportunity, we need collective effort both from within the industry, as well as the government. "The FICCI M&E Committee is focused on working with the government to unlock the full potential of this industry to power India’s economic engine," he added.

Mr Gupta said that with forward-looking policy initiatives like simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games, we can enable the industry to get clarity and ensure that companies can invest with a long-term growth opportunity in mind.

Mr Dilip Chenoy, Secretary General, FICCI said that this year from the conceptualization to the execution of FICCI FRAMES has been entirely virtual. The 21st edition of FICCI FRAMES is taking place for the first time on a digital platform. He added that media & entertainment industry will propel the next wave of growth of India economy.

Odisha TV |

Aatmanirbhar package to have multiplier effect on economy: Anurag Thakur

The Finance Ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday.

Emphasising that India’s resilience will sail the country through these testing times, he said the government led by Prime Minister Narendra Modi is doing everything possible for Indians and the industry to deal with the challenges caused by the outbreak of COVID-19 pandemic.

“In the Finance Ministry, we are evaluating the situation regularly and swiftly implementing announcements made so far. Aatmanirbhar Bharat Abhiyan package will have a multiplier effect on the economy. If you look at this, the two decades of reforms were undertaken in the span of two weeks. India means business in a world where the business is no longer as usual,” he said.

The Aatmanirbhar Bharat Abhiyan package which focuses on the survival of the business and sets a roadmap for the revival of the economy, he said while addressing FICCI Frames via webinar.

The five-part stimulus package announced in May, comprised Rs 5.94 lakh crore in the first tranche that provided credit line to small businesses and support to shadow banks and electricity distribution companies.

The second tranche included free foodgrain to stranded migrant workers for two months and credit to farmers, totalling Rs 3.10 lakh crore. Spending on Agri infrastructure and other measures for agriculture and allied sectors in the third tranche totalled to Rs 1.5 lakh crore.

The fourth and the fifth tranches dealt mostly with structural reforms including relaxation of foreign direct investment (FDI) limit in defence, privatisation of six more airports, and fully opening up coal mining to the private sector.

Talking about the media and entertainment sector, Thakur said the creative economy is a high growth sector.

“If nurtured properly, it can tremendously boost competitiveness, productivity, sustainable growth, employment, and the export potential of India. The challenge before India is in the form of intellectual property, and the copyright digitalisation, skilled workforce, and access to distribution networks,” he said.

The industry is totally dependent on the advertisement, whereas globally, major income comes from distribution networks or from the payment that each consumer pays, he said.

There is a need to align all of these to accelerate and create new avenues of growth and revenue, he added.

Odisha Bytes |

Centre to announce sops for production of films, TV serials

Union Minister for Information and Broadcasting Prakash Javadekar has said the government will come up with incentives for production in all sectors, including TV serials, film-making, co-production, animation and gaming to speed up resumption of film production in the unlock phase.

Addressing the 21st edition of FICCI Frames, the Minister said the Central government will soon issue Standard Operating Procedure (SOP) for the entertainment and media industry. India has a huge cost advantage in content creation and the Indian content is watched in over 150 countries, he added.

This year, the annual gathering of the Media & Entertainment Industry is being held in a virtual mode due to the COVID-19 pandemic.

In the key-note address, Union Minister of State for Finance Anurag Thakur said the creative industry has a significant role to play in transforming India into a knowledge-based economy. “From volume, the focus must shift to value creation” he said.

Secretary, Information and Broadcasting Amit Khare said the role of the government should be that of a facilitator in filmmaking. The government was in support of granting infrastructure status to the media and entertainment industry, he added.

Niti Ayog CEO Amitabh Kant; Chairman, Star and Disney India Uday Shankar and Sanjay Gupta of Google spoke on different issues related to media and entertainment industry.

FICCI Frames Virtual Summit, which will continue till July 11, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

Devdiscourse |

Govt to come up with SOP for shooting films in India in wake of COVID-19 pandemic: Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday. Speaking through a video link at the virtual inauguration of 'FICCI FRAMES 2020', a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said. "Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office. They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon. India enjoys a huge cost advantage in content creation and Indian content is being watched in over 150 countries worldwide, Javadekar said.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said. Participating in a technical session, Secretary, Information & Broadcasting, Amit Khare, said in films, the role of the government should be that of a facilitator. “Different regulatory structures must be brought in sync to ensure less regulation," he said.

Khare also said that the government was fully in support of granting infrastructure status to the media and entertainment industry and added that some definitions need to be fine tuned. FICCI Frames Virtual Summit , which will be on till July 11, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020. In view of the COVID-19 pandemic, the 2020 edition of the annual gathering of the Media and Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai Lake in Mumbai.

Devdiscourse |

Aatmanirbhar package to have multiplier effect on economy: Thakur

The Finance Ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. Emphasising that India's resilience will sail the country through these testing times, he said the government led by Prime Minister Narendra Modi is doing everything possible for Indians and the industry to deal with the challenges caused by the outbreak of COVID-19 pandemic.

"In the Finance Ministry we are evaluating the situation regularly and swiftly implementing announcements made so far. Aatmanirbhar Bharat Abhiyan package will have a multiplier effect on the economy. If you look at this, the two decades of reforms were undertaken in the span of two weeks. India means business in a world where business is no longer as usual," he said. The Aatmanirbhar Bharat Abhiyan package which focuses on survival of business and sets a roadmap for the revival of the economy, he said while addressing FICCI Frames via webinar.

The five-part stimulus package, announced in May, comprised Rs 5.94 lakh crore in the first tranche that provided credit line to small businesses and support to shadow banks and electricity distribution companies. The second tranche included free foodgrain to stranded migrant workers for two months and credit to farmers, totalling Rs 3.10 lakh crore. Spending on agri infrastructure and other measures for agriculture and allied sectors in the third tranche totalled to Rs 1.5 lakh crore.

The fourth and the fifth tranches that dealt mostly with structural reforms including relaxation of foreign direct investment (FDI) limit in defence, privatisation of six more airports, and fully opening up coal mining to the private sector. Talking about the media and entertainment sector, Thakur said the creative economy is a high growth sector.

"If nurtured properly, it can tremendously boost competitiveness, productivity, sustainable growth, employment and the export potential of India. The challenge before India is in the form of intellectual property, and the copyright digitalisation, skilled workforce and access to distribution networks," he said. The industry is totally dependent on advertisement, whereas globally, major income comes from distribution networks or from the payment that each consumer pays, he said.

There is a need to align all of these to accelerate and create new avenues of growth and revenue, he added.

Cqai520 |

Govt bats for Atma Nirbhar Bharat in media and entertainment industry

Reiterating Prime Minister Narendra Modi’s name for an ‘Atma Nirbhar Bharat’ or self-reliant India, ministers and senior authorities officers on Tuesday exhorted the media and leisure sector to give you content material conceptualized and executed completely within the nation whilst covid-19 challenges persist.

Talking on the primary day of FICCI Frames, an annual media and leisure occasion, held on-line this 12 months, they stated the business ought to champion the reason for ‘Atma Nirbhar Bharat.’

“There may be immense potential in authentic content material creation in addition to job creation in vernacular language manufacturing. We must always deal with each quantity and worth,” Anurag Thakur, minister of state for finance, stated.

Thakur, together with panelists like Uday Shankar, senior vice-president, FICCI and president, the Walt Disney Firm Asia Pacific and chairman, Star and Disney and Sanjay Gupta, chairman, FICCI media and leisure committee and nation supervisor and vice-president, Google India agreed that the pandemic had posed huge challenges for the sector however alternative needed to be present in adversity.

A complete technology of younger millennials is proudly watching content material in native languages. In line with the FICCI-EY media and leisure business report 2019, general consumption continued to extend on video OTT platforms in 2018, with regional customers driving progress.

Google claims that 97% of content material on its YouTube platform is now consumed in native languages, and the same pattern was seen throughout a lot of the OTT platforms in India. Nonetheless, Gupta was fast to level out that covid is estimated to wipe out almost 20% of India’s M&E workforce, impacting almost one million folks. Nonetheless, nice alternative lies in sectors like VFX and animation, the place the nation already employs good minds and has labored on a number of big-ticket Hollywood movies.

Thakur additionally added that the federal government is continually evaluating the scenario and can supply help or aid to the business, as required.

“We will likely be companions. We’ve got to harness the mushy energy potential of India for the progress of the nation,” union minister of data and broadcasting Prakash Javadekar stated.

He added that the federal government will convey out commonplace working procedures or SOPs for taking pictures in a post-pandemic world and can present incentives to producers throughout movie, TV and net platforms within the coming days, the small print of which will likely be introduced quickly.

Amenities supplied to overseas filmmakers to shoot in India by a single-window clearance has already helped round 80 producers, Javadekar stated, including the nation is an economical possibility for a lot of. Netflix biggie Extraction and Christopher Nolan’s upcoming movie Tenet have been shot in India not too long ago.

Global Prime News |

Green shoots visible in the economy, India will bounce back with vengeance - Amitabh Kant

Mr Amitabh Kant, CEO, NITI Aayog today emphasized that India will soon bounce back from COVID-19.

Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”

He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.

Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.

“India, often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Mr Kant said.

Enumerating the importance of Atmanirbhar Bharat program launched by the government, Mr Kant said that through this, the government has brought radical reforms in various sectors like MSME, agriculture, etc. “Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said.

On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing. “We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” added Mr Kant.

Highlighting the importance of data, Mr Kant said that in India, we are seeing data at very low-price points. India’s usage of data will be enormous. “We need to move from the scale of data to becoming data intelligent in the years to come. This would require us to leapfrog in the world of Artificial Intelligence,” he asserted.

Mr Kant said that use of blockchain can act as a game-changer in solving many critical problems related to the huge pendency in civil courts or land related matters. “We need to use blockchain and get into real time monitoring of these issues. These are some of the areas where India must technologically leapfrog, and it is critical for India’s long-term ability to grow at high rates consistently,” he added.

Yahoo Finance |

Green shoots visible, India will bounce back: Niti Aayog CEO Kant

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

'I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

'I am hopeful that we will bounce back and bounce back with a vengeance,' he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection. However, with the gradually unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

'Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win,' he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

'We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy,' he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

'It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market,' he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

Jammu Links News |

Green shoots visible, India will bounce back: Niti Aayog CEO Kant

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at ''FICCI FRAMES 2020''.

The slowdown in economic activities led to a decline in the government''s revenue collection. However, with the gradually unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It''s about creating world-class products. It''s not about protectionism. It''s about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

The Free Press Journal |

Green shoots visible, India will bounce back: Niti Aayog CEO Kant

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the COVID-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am hopeful that we will bounce back and bounce back with a vengeance," he said while speaking at 'FICCI FRAMES 2020'.

The slowdown in economic activities led to a decline in the government's revenue collection. However, with the gradually unlocking, economic activities are reviving. The GST revenue collection in June rose to Rs 90,917 crore from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April.

Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

"Every crisis is also an opportunity. Therefore, this crisis is also going to have huge losers and winners. India can decide whether it wants to lose or whether it wants to win," he said.

Kant stressed that India must pick up 12-13 areas of growth that are going to emerge as winners for tomorrow and listed out areas like data, artificial intelligence, genomics, mobility, and creative industry.

"We must identify 12-13 sectors where India must become a global champion and really drive vigorously with full energy," he said adding that those sectors will take India to sustain high growth over the next 10-12 years and create a vast number of jobs.

On the Aatmanirbhar Bharat initiative, Kant said it is not about isolation and anti-globalisation.

"It is about getting the best from the world. It's about creating world-class products. It's not about protectionism. It's about abilities of Indian companies to create world-class products, capture the Indian market and then use the strength of the domestic market to penetrate the global market," he said.

Prime Minister Narendra Modi had announced the Aatmanirbhar Bharat Abhiyan with the aim to make India a self-reliant country.

Spirit of Mumbai |

Green shoots visible in the economy, India will bounce back with vengeance - Amitabh Kant

Mr Amitabh Kant, CEO, NITI Aayog today emphasized that India will soon bounce back from COVID-19.

Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”

He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.

Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.

“India, often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Mr Kant said.

Enumerating the importance of Atmanirbhar Bharat program launched by the government, Mr Kant said that through this, the government has brought radical reforms in various sectors like MSME, agriculture, etc. “Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said.

On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing. “We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” added Mr Kant.

Highlighting the importance of data, Mr Kant said that in India, we are seeing data at very low-price points. India’s usage of data will be enormous. “We need to move from the scale of data to becoming data intelligent in the years to come. This would require us to leapfrog in the world of Artificial Intelligence,” he asserted.

Mr Kant said that use of blockchain can act as a game-changer in solving many critical problems related to the huge pendency in civil courts or land related matters. “We need to use blockchain and get into real time monitoring of these issues. These are some of the areas where India must technologically leapfrog, and it is critical for India’s long-term ability to grow at high rates consistently,” he added.

News Vibes of India |

Govt to release SOPs for restarting shooting of films soon: Javadekar

The Centre is soon going to release Standard Operating Procedure (SOP) for restarting shooting of films amid the Covid-19 pandemic, Union minister Prakash Javadekar said today.

“Government is formulating SOPs for shooting and re-starting filmmaking in India, which has come to a standstill in the current scenario of the COVID-19 pandemic,” Javadekar said.

While addressing at the inaugural session of ‘FICCI FRAMES 2020’ through video conferencing, Javadekar said that the government will partner with the film industry for the progress of the sector and to harness the “soft power” of India, i.e., media and entertainment.

“Content produced by India is consumed in more than 150 countries and Indian cinema creates a large number of job opportunities and earns significant revenue,” he said, adding that though contribution of Indian media and entertainment sector is small to the global market currently, it can help in achieving stupendous results.

Javadekar added that media and entertainment sector needs new entrepreneurs, founders and owners to steer the industry forward. He assured that the government will stand shoulder to shoulder with the industry and urged the stakeholders to share their suggestions and recommendations with the ministry for propelling the sector forward.

afaqs |

"The biggest bane of M&E has been its disproportionate dependence on advertising": Uday Shankar

While addressing at the 21st edition of FICCI Frames earlier today, President, The Walt Disney - Asia and chairman of Star and Disney India, Uday Shankar pointed out a few areas that need an immediate course correction.

President, The Walt Disney - Asia and chairman of Star and Disney India, Uday Shankar has ended his long association with the Media and Entertainment Committee of FICCI which he chaired for several years. He has passed on the baton to his former colleague, currently, country manager and Vice President of Google India, Sanjay Gupta. Shankar will now play the role of Senior Vice President at FICCI.

While addressing at the 21st edition of FICCI Frames earlier today, Shankar spoke about the growth of the Media and Entertainment industry in the last couple of decades. He pointed out that when FICCI Frames started in 2000, the TV industry had only 100 channels on air which have now grown to over 900. The size of the print business, he said was just about $1 billion and now it is a $4 billion industry making India one of the few countries where Print continues to grow.

However, Shankar opined that the Media and Entertainment industry needs some immediate course corrections. "The biggest bane of the industry in this country, especially for print, TV, and now even for digital is its disproportionate dependence on advertising," said Shankar.

In 2000, advertising used to be just about a billion dollars, and now that number is $10 billion. While advertising has helped the industry sustain and grow and while it has benefitted the stakeholders, Shankar feels it has also distracted everyone. He asserts, globally, be it TV or Print or Digital or other forms of content, they have all benefitted by building a direct to consumer relationship where the consumers pay for what they consume.

However, not in India, he says. Adding, "Truth be told, all of us are guilty of this. We decided to be short-sighted, we decided to subsidise our businesses and remain dependent on money from the advertiser. That has become a big setback for the industry. And if this industry has to grow to the next level, I think the one thing that must be fixed is our ability and our desire to get people to pay for what they consume. That's fair and that's the only way this industry can grow," said Shankar.

He asserted that the sales setback for the Media and Entertainment Industry is going to be severe. "This is one of the industries which people do not realise is going to be hurt very badly because of the COVID setback. And that is primarily because of our disproportionate dependence on advertising," he added.

Though the country made significant progress in making itself powerhouse when it comes to media and entertainment, Shankar feels, given the size of India, the country must be doing way more. "Our ambitions in the area of content remain very small. We are very happy winning BARC (Broadcast Audience Research Council) race on Thursdays and as long as we are going ahead over the heads of our competitors, we feel very good," he assessed.

Adding, "But that really is again, a huge distraction. The content business has gone truly global. And the opportunity to scale it up is much, much bigger. Today, intermediaries have been marginalised. We have the technology and the ability to go direct to consumers and make a lot bigger business. We haven't done that. And what is worse is that we've also actually been even more short-sighted and gone to create hurdles in the way of unlocking the power of the business. As a result of that, we've not been able to invest in content and we've not taken our ambitions to the global domain."

He gave examples of smaller countries (compared to India) like South Korea, Israel, Turkey, Italy, who have a much bigger media businesses. "Their content travels globally. Indian content, let us face it, still doesn't travel. And this is not for lack of creativity. This is only because of our smaller ambitions and short-sightedness. I think the industry should fix that. Unless we start becoming a bigger player or factor in the global content, consumption space, the business will always be suboptimal."

While keynote addresses and panel discussions at FICCI Frames are organised at large ballrooms in Mumbai, this year, because of the outbreak of Coronavirus, the organisers have gone virtual with dignitaries connecting from all over the world from their home. During Shankar's address, Minister of State for Finance and Corporate Affairs, Government of India, Anurag Thakur was also tuned in. After Shankar shared about the areas the industry needs to improve, he also mentioned that "It cannot happen unless the government of India recognises the sector to be an important part of the economy."

He added that with the government's recognition, Media and Entertainment industry can be a creative economy that can create jobs, businesses, wealth and can also create soft power that leads to "A greater and bigger and more shiny brand India global."

He concluded by saying that as the industry unlocks itself from the pandemic situation, it would be the best time for the stakeholders to focus on course correction.

Pehal News |

Standard operating procedure for film shoots amid COVID-19 to be introduced, says Prakash Javadekar

The authorities is developing with a Standard Operating Procedure (SOP) for taking pictures movies in India in gentle of the COVID-19 pandemic and can also be set to offer incentives for manufacturing to speed up restarting of film-making, Union Minister Prakash Javadekar stated on Tuesday, reported information company PTI. Speaking on the inauguration of FICCI FRAMES 2020, a conference on the enterprise of leisure, Mr Javadekar stated all stakeholders have to work collectively to make progress and harness the comfortable energy of India – media and leisure. “Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic,” the Information and Broadcasting minister stated.

“Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” he stated.

Prakash Javadekar additionally stated that greater than 80 overseas movie producers have taken benefit of the movie facilitation workplace. They have gotten a single window clearance for taking pictures their movies in India, Javadekar stated.

He stated the discussions at FICCI FRAMES would definitely throw up new and progressive concepts that may be acted upon.

Virtual inaugurations are the brand new regular and people digital areas are the brand new locations for actual partnerships, he stated.

Pehal News |

Govt. to come up with SOP for shooting movies: Javadekar

The authorities is coming up with a Standard Operating Procedure (SOP) for shooting movies in India in mild of the COVID-19 pandemic and can be set to present incentives for manufacturing to speed up the restarting of film-making, Union Minister Prakash Javadekar stated on Tuesday.

Speaking on the inauguration of ‘FICCI FRAMES 2020, a conference on the enterprise of leisure, Mr. Javadekar stated all stakeholders want to work collectively to make progress and harness the gentle energy of India — media and leisure.

“Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic,” the Information and Broadcasting Minister stated.

“Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” he stated.

Mr. Javadekar additionally stated that greater than 80 overseas movie producers have taken benefit of the movie facilitation workplace.

They have gotten a single window clearance for shooting their movies in India, Mr. Javadekar stated.

He stated the discussions at ‘FICCI FRAMES’ will surely throw up new and revolutionary concepts that may be acted upon.

Virtual inaugurations are the brand new regular and people digital areas are the brand new locations for actual partnerships, Mr. Javadekar stated.

Finance Khabar |

India will bounce back with vengeance: Amitabh Kant

Amitabh Kant, CEO, NITI Aayog today emphasized that India will soon bounce back from COVID-19.

Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”

He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.

Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.

Fact News |

Green shoots visible in the economy, India will bounce back with vengeance: NITI Aayog's Kant

India will soon bounce back from the Covid-19 crisis as the economy is witnessing emergence of green shoots, NITI Aayog's CEO Amitabh Kant said on Tuesday.

"We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG have already come back. I am optimistic that we will bounce back with vengeance," he said while addressing a session organised during FICCI FRAMES 2020.
India must identify 12 or 13 sectors in which it can be a global champion. "All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth which will help us emerge as winners for tomorrow," said Kant.

The key areas will include big data, artificial intelligence, genomics, mobility, drones, creative industry along with media and entertainment. "These sectors will take India to a sustained level of growth in the next 10 to 12 years and create a vast number of jobs," he added.

Enumerating the importance of Atmanirbhar Bharat programme launched by the government, Kant said that the government has brought radical reforms in various sectors like MSMEs and agriculture through this. "Atmanirbhar Bharat is not about isolation. It is about becoming a global champion," he said.

On the role of public and private sector partnerships, Kant said the role of technology and the use of digital platforms is increasing. "We are in touch with the private sector to build super apps in areas like education, health and agriculture."

He said the objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets.

Meanwhile, Minister for Information and Broadcasting Prakash Javadekar said the government is formulating standard operating procedures for shooting and re-starting filmmaking in India, which has come to a standstill in the wake of Covid-19 pandemic.

In his video message for the inaugural session of FICCI FRAMES 2020, Javadekar said that virtual space is the new normal. He said the government will partner with the industry for progress of the sector and to harness the soft power of India, which is media and entertainment.

Freshers Live |

Government hints at incentives for resumption of film, TV production

Union Minister for Information and Broadcasting Prakash Javadekar has announced that the government will soon issue Standard Operating Procedures to boost resumption of film production, at a time when the nation is witnessing the unlocking phase after the lockdown.

"To accelerate the restart of filmmaking that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," the minister said on Tuesday, while speaking at the 21st edition of FICCI Frames.

Owing to the COVID- 19, this year the annual event was held virtually instead of being organised near Powai Lake, where it normally takes place.

The FICCI Frames Virtual Summit will continue till July 11.

As the nation witnesses a phased opening up of the Covid-19 induced lockdown, film industries across the country prepare to get back to action.

On Tuesday, Bollywood actress Taapsee Pannu took to Instagram Stories to announce she was back at work. She gave a glimpse of her make-up vanity room, sharing that she has started shooting amid the ongoing coronavirus pandemic.

"Let's do this. #BackToWork," Taapsee captioned the image.

Also on Tuesday evening, trade analyst Taran Adarsh announced that a new Bengali film titled "SOS Kolkata" will be going on floors on Wednesday. The film starring Yash, Nusrat Jahan, Mimi Chakraborty, Sabyasachi Chakraborty and Shantilal Mukherjee in key roles, is slated for a Durga Puja release this year.

In Mumbai, Ekta Kapoor recently resumed shooting for her daily soap "Naagin 4".

The Northern Herald |

Govt to come up with SOP for shooting films in India in wake of COVID-19 pandemic: Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of 'FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single-window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

India Education Diary |

Govt SOPs soon for shooting and re-starting film-making: Prakash Javadekar

Mr Prakash Javadekar, Minister, Information and Broadcasting; Environment, Forest and Climate Change; and Heavy Industries and Public Enterprises, Govt of India today said that the government is formulating SOPs for shooting and re-starting filmmaking in India, which has come to a standstill in the current scenario of the COVID-19 pandemic. He added that we will be announcing the SOPs shortly.

In his video message for the inaugural session of ‘FICCI FRAMES 2020′, Asia’s largest convention on the business of entertainment, Mr Javadekar said that virtual space is the new normal. Virtual is the new place for forging real partnerships. He added that the government will partner with the industry for progress of the sector and to harness the soft power of India, which is media & entertainment.

Mr Javadekar said that though contribution of Indian media & entertainment sector is small to the global market currently, we can achieve stupendous results. "Content produced by India is consumed in more than 150 countries and Indian cinema creates a large number of job opportunities and earns significant revenue."

Mr Javadekar added that media & entertainment sector needs new entrepreneurs, founders and owners to steer the industry forward. He assured that the government will stand shoulder to shoulder with the industry and urged the stakeholders to share their suggestions and recommendations with the ministry for propelling the sector forward.
Mr Anurag Thakur, Minister of State, Ministry of Finance said that it is the right time for India to grow and showcase the country’s soft power to the world. With Make in India, we need to design and conceptualize in India and to achieve this we have to nurture the talent in the country. He added that we have to build an ecosystem that nurtures talent and enables growth of the industry.

Mr Thakur urged FICCI to create a roadmap and discuss it with the government for advancement of the industry. FICCI and FICCI Media and Entertainment Committee has been reaching out to the government and stakeholders that has helped in the sectors’ development. He added that the government will support industry at every step.

Mr Vincenzo De Luca, Ambassador of Italy to India said that as the partner country, Italy is proud to participate in FICCI FRAMES in this innovative setting on the virtual platform. Italian creative industry will get an opportunity to engage in B2B meetings with their counterparts virtually at FICCI FRAMES, which will help in developing projects.

The Ambassador said that Italian media & entertainment sector contributes 6% to the country’s GDP and 14% of taxes. Media & entertainment industry is crucial and it can play a strong role in strengthening economic and cultural relationship between Italy and India. "Italy can give support to a more global projection of Bollywood as this will give Italy more Asian and global projection to promote its shooting destinations."

Dr Sangita Reddy, President, FICCI, said, "We present to you the 21st edition of FICCI Frames virtually with the spirit that the show must go on." Media & entertainment sector contributes to the soft power of the nation while boosting employment, value creation and diversity. FICCI remains committed to the development of media & entertainment industry, especially in these trying times, she added.

Highlighting the work of FICCI Media and Entertainment Committee, Dr Reddy said that FICCI has been working on film policy with various state governments including Odisha and Jammu & Kashmir. She added that media & entertainment promotes intellectual property. Our industry has the intellectual capacity and freedom, which is needed for development of the sector.

Mr Uday Shankar, Senior Vice President, FICCI said that industry is set to take a huge hit on account of disruptions caused by the pandemic and that is directly related to the industry’s disproportionate dependence on advertisements. While it is true that advertising revenues have helped the industry grow and sustain, there have also been a lot of distractions, where businesses have prioritised advertising over content, he added.

Mr Shankar said that there is absence of an organised supply of talent funnel of high-quality trained writers, technicians, directors, actors, etc. He requested the government representatives to recognise the media & entertainment sector as an important part of the economy that can create jobs, businesses and wealth.

Mr Sanjay Gupta, Chairman, FICCI Media and Entertainment Committee said that the world needs to see us as a ‘Creative Powerhouse’ that delivers globally and inspires all. To realise this opportunity, we need collective effort both from within the industry, as well as the government. "The FICCI M&E Committee is focused on working with the government to unlock the full potential of this industry to power India’s economic engine," he added.

Mr Gupta said that with forward-looking policy initiatives like simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate exports of films and games, we can enable the industry to get clarity and ensure that companies can invest with a long-term growth opportunity in mind.

Mr Dilip Chenoy, Secretary General, FICCI said that this year from the conceptualization to the execution of FICCI FRAMES has been entirely virtual. The 21st edition of FICCI FRAMES is taking place for the first time on a digital platform. He added that media & entertainment industry will propel the next wave of growth of India economy.

IANS Life |

Government hints at incentives for resumption of film, TV production

Union Minister for Information and Broadcasting Prakash Javadekar has announced that the government will soon issue Standard Operating Procedures to boost resumption of film production, at a time when the nation is witnessing the unlocking phase after the lockdown.

"To accelerate the restart of filmmaking that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," the minister said on Tuesday, while speaking at the 21st edition of FICCI Frames.

Owing to the COVID- 19, this year the annual event was held virtually instead of being organised near Powai Lake, where it normally takes place.

The FICCI Frames Virtual Summit will continue till July 11.

As the nation witnesses a phased opening up of the Covid-19 induced lockdown, film industries across the country prepare to get back to action.

On Tuesday, Bollywood actress Taapsee Pannu took to Instagram Stories to announce she was back at work. She gave a glimpse of her make-up vanity room, sharing that she has started shooting amid the ongoing coronavirus pandemic.

"Let's do this. #BackToWork," Taapsee captioned the image.

Also on Tuesday evening, trade analyst Taran Adarsh announced that a new Bengali film titled "SOS Kolkata" will be going on floors on Wednesday. The film starring Yash, Nusrat Jahan, Mimi Chakraborty, Sabyasachi Chakraborty and Shantilal Mukherjee in key roles, is slated for a Durga Puja release this year.

In Mumbai, Ekta Kapoor recently resumed shooting for her daily soap "Naagin 4".

India TV |

Government hints at incentives for resumption of film, TV production

Union Minister for Information and Broadcasting Prakash Javadekar has announced that the government will soon issue Standard Operating Procedures to boost resumption of film production, at a time when the nation is witnessing the unlocking phase after the lockdown.

"To accelerate the restart of filmmaking that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," the minister said on Tuesday while speaking at the 21st edition of FICCI Frames.

Owing to the COVID- 19, this year the annual event was held virtually instead of being organised near Powai Lake, where it normally takes place.

The FICCI Frames Virtual Summit will continue till July 11.

As the nation witnesses a phased opening up of the Covid-19 induced lockdown, film industries across the country prepare to get back to action.

On Tuesday, Bollywood actress Taapsee Pannu took to Instagram Stories to announce she was back at work. She gave a glimpse of her make-up vanity room, sharing that she has started shooting amid the ongoing coronavirus pandemic.

"Let's do this. #BackToWork," Taapsee captioned the image.

Also on Tuesday evening, trade analyst Taran Adarsh announced that a new Bengali film titled "SOS Kolkata" will be going on floors on Wednesday. The film starring Yash, Nusrat Jahan, Mimi Chakraborty, Sabyasachi Chakraborty and Shantilal Mukherjee in key roles, is slated for a Durga Puja release this year.

In Mumbai, Ekta Kapoor recently resumed shooting for her daily soap "Naagin 4".

CNBC TV18 |

Government to come up with SOP for shooting films in India in wake of Covid-19 pandemic: Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking at the inauguration of ''FICCI FRAMES 2020, a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single-window clearance for shooting their films in India, Javadekar said.

He said the discussions at ''FICCI FRAMES'' would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, Javadekar said.

MSN News |

FICCI Frames 2020: Google's Sanjay Gupta on the need to engage in conversation about trade and economic recovery

We were living in a different world and the spread of Covid-19 has forced the world to engage in a conversation about trade, interdependence and economic recovery, Sanjay Gupta, country manager and vice president-Google India and chairman-FICCI, media and entertainment committee, said. Gupta was speaking at the 21st edition of FICCI Frames. According to him, when it comes to films, India gets less than 7% of its revenues from the international markets. Hollywood, in contrast, gets more than 70% from international markets. "Cultural exports such as these need to be valued for the influence, and the impact they can create for the other sectors of the economy as well as the strategic roles they can play in positioning India on a global stage," he noted.

Gupta also delved on the adverse impact of the pandemic on advertising revenue, stating that it had declined from 50% to 19% over the last few months. "If I look at the full year 2020, we will see the sector shrink to $15 billion. Around 20% of our workforce may lose their jobs, potentially impacting nearly a million people," he added.

Nonetheless, with forward-looking policy initiatives, such as simplification of the taxation framework, adoption of a light-touch regulatory approach, infrastructure status to the industry and support to accelerate the export of films and games, the industry can get more clarity and be well on its plans to become a $ 100 billion industry by 2030."In the short term, we do need to expedite some of the policy decisions which can help in the sector's recovery. We need to possibly resolve some of the critical issues like tax burden on DTH and radio, it could also be allowing theatres to be used for multiple activities like showing sports games or educational activities to maximise capital utilisation and looking at local taxation to see if we can eliminate it," he elaborated.

As per Gupta, the Indian media industry is the biggest in the world by output, with over 5 lakh hours of television content made every year, 80,000 newspapers published daily, and more than 1,600 feature films produced each year – 98% of all these outputs are conceptualised, shaped and produced in India. The Media and Entertainment industry had a revenue of $20 billion in 2019 and the digital media accounted for 20% of the industry revenue.

Millennium Post |

'Govt to come up with SOP for shooting films in India in wake of virus pandemic'

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking through a video link at the virtual inauguration of 'FICCI FRAMES 2020', a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at 'FICCI FRAMES' would certainly throw up new and innovative ideas that can be acted upon.

India enjoys a huge cost advantage in content creation and Indian content is being watched in over 150 countries worldwide, Javadekar said.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

Participating in a technical session, Secretary, Information & Broadcasting, Amit Khare, said in films, the role of the government should be that of a facilitator.

The Newsroom |

Indian Govt to announce SoPs for resumption of Film Production

Union Minister for Information & Broadcasting Prakash Javadekar today said that the Government will soon issue Standard Operating Procedures to speed up resumption of film production in the unlock phase.

“To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” said Javadekar addressing the 21st edition of FICCI Frames.

India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide.

The Minister called upon all stakeholders to work together to make progress and harness the soft power of India – media and entertainment.

TTV India |

Standard Operating procedure for film shoots amid Covid-19 to be introduced, says Prakash Javadekar

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union Minister Prakash Javadekar said on Tuesday, reported news agency PTI. Speaking at the inauguration of FICCI FRAMES 2020, a convention on the business of entertainment, Mr Javadekar said all stakeholders need to work together to make progress and harness the soft power of India – media and entertainment. “Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic,” the Information and Broadcasting minister said.

“Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” he said.

Prakash Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office. They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at FICCI FRAMES would certainly throw up new and innovative ideas that can be acted upon.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

Nyoooz |

21st edition of FICCI FRAMES 2020 gets under way virtually

Mr Javadekar said that though contribution of Indian media & entertainment sector is small to the global market currently, we can achieve stupendous results. FICCI and FICCI Media and Entertainment Committee has been reaching out to the government and stakeholders that has helped in the sectors' development. Dr Sangita Reddy, President, FICCI, said, "We present to you the 21st edition of FICCI Frames virtually with the spirit that the show must go on." Mr Dilip Chenoy, Secretary General, FICCI said that this year from the conceptualization to the execution of FICCI FRAMES has been entirely virtual. The 21st edition of FICCI FRAMES is taking place for the first time on a digital platform.

Live 24x7 |

Advertisement dependency a bane for media & entertainment industry: FICCI Frames

The coronavirus outbreak has had a significant impact on India’s media and entertainment industry. Advertising revenues for the industry have shrunk by 50-90 percent over the last 3-4 months, according to industry estimates.

“The biggest bane for the industry has been its high dependence on advertising. If the media industry has to grow, the one thing that must be fixed is to get people to pay for what they consume,” said Uday Shankar, President, The Walt Disney Company APAC, and Chairman – Star & Disney.

However, the emergence of the digital industry has changed the way India consumes content. The big challenge for the industry is to take this content overseas.

“Indian content still doesn’t travel globally owing to the industry’s short-sightedness. We have to expand & create a talent funnel across news and digital content,” said Shankar at the FICCI Frames virtual conference.

Innovation in terms of content creation and delivery is expected to be the way forward to drive growth in India’s media and entertainment industry. As India deals with the pandemic and lockdown restrictions, the government is also working on regulations as well as incentives for the media and entertainment sector.

“We will be coming out with SoPs for film shooting. We will also be releasing incentives on production for gaming, animation, and TV serials shortly,” said Prakash Javadekar, Minister of Environment, Forest and Climate Change, Minister of Information and Broadcasting and Minister of Heavy Industries and Public Enterprises. “Our share in the global market is small but can grow phenomenally,” he added.

Owing to the immense content creation opportunities in the media and entertainment sector, experts believe that it could emerge as one of the biggest employment generators going forward.

“COVID-19 has redefined the labour market and created uncertainty in every aspect of business. The Finance Ministry is evaluating the situation regularly. We see immense potential to create jobs by investing in vernacular language content,” said Anurag Thakur, Minister of State for Finance.

Suggest Best |

Aatmanirbhar bundle to have multiplier impact on economic system: Anurag Singh Thakur

The Finance Ministry is swiftly implementing varied schemes introduced beneath the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan bundle which goes to have a multiplier impact on the Indian economic system, Minister of State for Finance Anurag Singh Thakur stated on Tuesday. Emphasising that India’s resilience will sail the nation by way of these testing occasions, he stated the federal government led by Prime Minister Narendra Modi is doing the whole lot attainable for Indians and the trade to take care of the challenges brought on by the outbreak of COVID-19 pandemic.

“In the Finance Ministry we are evaluating the situation regularly and swiftly implementing announcements made so far. Aatmanirbhar Bharat Abhiyan package will have a multiplier effect on the economy. If you look at this, the two decades of reforms were undertaken in the span of two weeks. India means business in a world where business is no longer as usual,” he stated.

The Aatmanirbhar Bharat Abhiyan bundle which focuses on survival of enterprise and units a roadmap for the revival of the economic system, he stated whereas addressing FICCI Frames through webinar.

The five-part stimulus bundle, introduced in May, comprised Rs 5.94 lakh crore within the first tranche that supplied credit score line to small companies and assist to shadow banks and electrical energy distribution firms.

The second tranche included free foodgrain to stranded migrant staff for 2 months and credit score to farmers, totalling Rs 3.10 lakh crore. Spending on agri infrastructure and different measures for agriculture and allied sectors within the third tranche totalled to Rs 1.5 lakh crore.

The fourth and the fifth tranches that dealt principally with structural reforms together with leisure of international direct funding (FDI) restrict in defence, privatisation of six extra airports, and totally opening up coal mining to the non-public sector.

Talking in regards to the media and leisure sector, Thakur stated the inventive economic system is a excessive development sector.

“If nurtured properly, it can tremendously boost competitiveness, productivity, sustainable growth, employment and the export potential of India. The challenge before India is in the form of intellectual property, and the copyright digitalisation, skilled workforce and access to distribution networks,” he stated.

The trade is completely depending on commercial, whereas globally, main revenue comes from distribution networks or from the cost that every client pays, he stated.

There is a must align all of those to speed up and create new avenues of development and income, he added.

One India |

Govt to come up with SOP for shooting films in India in wake of COVID-19 pandemic

The government is coming up with a Standard Operating Procedure (SOP) for shooting films in India in light of the COVID-19 pandemic and is also set to provide incentives for production to accelerate restarting of film-making, Union minister Prakash Javadekar said on Tuesday.

Speaking through a video link at the virtual inauguration of ''FICCI FRAMES 2020'', a convention on the business of entertainment, Javadekar said all stakeholders need to work together to make progress and harness the soft power of India -- media and entertainment.

"Government is coming up with a standard operating procedure for shooting films in India in the light of the pandemic," the Information and Broadcasting minister said.

"Further, to accelerate the restart of film-making that had come to a standstill as a result of COVID, it is also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly," he said.

Javadekar also said that more than 80 foreign film producers have taken advantage of the film facilitation office.

They have got a single window clearance for shooting their films in India, Javadekar said.

He said the discussions at ''FICCI FRAMES'' would certainly throw up new and innovative ideas that can be acted upon.

India enjoys a huge cost advantage in content creation and Indian content is being watched in over 150 countries worldwide, Javadekar said.

Virtual inaugurations are the new normal and those virtual spaces are the new places for real partnerships, he said.

Participating in a technical session, Secretary, Information & Broadcasting, Amit Khare, said in films, the role of the government should be that of a facilitator.

"Different regulatory structures must be brought in sync to ensure less regulation," he said.

Khare also said that the government was fully in support of granting infrastructure status to the media and entertainment industry and added that some definitions need to be fine tuned.

FICCI Frames Virtual Summit , which will be on till July 11, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

In view of the COVID-19 pandemic, the 2020 edition of the annual gathering of the Media and Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai Lake in Mumbai.

Pragativadi |

SOPs for resumption of film production soon: Prakash Javadekar

Union Minister for Information & Broadcasting Prakash Javadekar today said that the Government will soon issue Standard Operating Procedures to speed up resumption of film production in the unlock phase.

“To accelerate the restart of film-making that had come to a standstill as a result of COVID, we are also coming up with incentives of production in all sectors, including TV serials, film-making, co-production, animation, gaming. We will be announcing these measures shortly,” said Shri Javadekar addressing the 21st edition of FICCI Frames.

In view of the Covid-19 pandemic, the 2020 edition of the annual gathering of the Media & Entertainment Industry is being held in a virtual mode, instead of its usual location by the Powai lake in Mumbai.

The Minister further remarked that the COVID pandemic has forced people to think of new ways to communicate. Virtual gatherings have become the new normal, but the partnerships forged are real”. He said, India enjoys a huge cost advantage in content creation and the Indian content is being watched in over 150 countries worldwide. The Minister called upon all stakeholders to work together to make progress and harness the soft power of India – media and entertainment.

Delivering the key-note address, Minister of State for Finance, Anurag Thakur said the creative industry has a significant role to play in transforming India into a knowledge-based economy. “From volume, the focus must shift to value creation” he added.

Participating in a technical session, Secretary, Information & Broadcasting Amit Khare said, in films, the role of the government should be that of a facilitator. “Different regulatory structures must be brought in sync to ensure less regulation” he added. Shri Khare also said that the Government was fully in support of granting infrastructure status to the Media & Entertainment Industry and added that some definitions need to be fine-tuned.

Niti Ayog CEO Amitabh Kant in his address said every crisis can be turned into an opportunity and India must identify 12-13 sunrise sectors in which it can leapfrog to become global champions to achieve sustainable high growth and create jobs. He listed the Media & Entertainment industry as one of them.

Expressing similar views, Uday Shankar, Chairman, Star, and Disney India and a leading voice of the industry said “the M&E sector is an important part of the creative economy. It can create jobs and businesses and make India shine globally”. He, however, lamented the fact that the Indian media industry, especially print, TV, and digital remained disproportionately dependent on advertising revenue and said that the COVID pandemic has proven that this arrangement is a major set back. He said “if the industry has to grow, it needs to shed its dependency on the advertisement,”

Sanjay Gupta of Google emphasized the COVID induced disruption of the media and entertainment industry in the country. He said the sector may shrink from $ 20 billion to $ 15 billion in 2020-21, but has the ability to bounce back as a ‘creative powerhouse.’ He called for simplification of the taxation framework and adoption of a light-touch regulatory approach for industry to grow to its full potential.

FICCI Frames Virtual Summit, which will be on till 11th July, will see leading experts of the industry exchange views and ideas on various aspects of media and entertainment sector. Italy is the focus country of FICCI-Frames 2020.

Dumkhum |

Green shoots visible in the economy, India will bounce back with vengeance - Amitabh Kant

Mr Amitabh Kant, CEO, NITI Aayog today emphasised that India will soon bounce back from COVID-19.

Addressing a session on ‘Role of the Creative Economy in Nation Building’ in conversation with Mr Ajit Mohan, VP and MD, Facebook India and Chair of the FICCI Digital Forum, organised during ‘FICCI FRAMES 2020’, Mr Kant said, “We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance.”

He further said that India must identify 12-13 sectors in which it can be a global champion. “All of us need to be very clear that the pandemic is a massive challenge not just for India but for the world. Every crisis is also an opportunity. We must pick-up areas of growth, which will help us emerge as winners for tomorrow,” said Mr Kant.

Elaborating on the potential areas, Mr Kant said that the key areas will include data, AI, genomics, mobility, drones, creative industry along with media and entertainment, will be key drivers of growth. “These sectors will take India to a sustained level of growth in the next 10-12 years and create a vast number of jobs,” he added.

Mr Kant further stated that while COVID-19 has brought in the ‘New Normal’, it will be innovation, which will be the key in the new normal. The people who will survive will be those who will work with technology, capturing the sunrise sectors of growth while data and the use of AI will drive the growth, he said.

“India, often gets into the areas of sunset industries and then it becomes difficult to penetrate the global market’s size and scale. India will get into the new areas of growth and these areas will have huge disruptions,” Mr Kant said.

Enumerating the importance of Atmanirbhar Bharat program launched by the government, Mr Kant said that through this, the government has brought radical reforms in various sectors like MSME, agriculture, etc. “Atmanirbhar Bharat is not about isolation. It is about becoming a global champion,” he said.

On the role of public and private sector partnerships, he said that the role of technology and the use of digital platforms is increasing. “We are in touch with the private sector to build super apps in areas like education, health, agriculture. Our objective will be that the business model will be of the private sector and the government backing will give them the size and scale to reach domestic as well as global markets,” added Mr Kant.

Highlighting the importance of data, Mr Kant said that in India, we are seeing data at very low-price points. India’s usage of data will be enormous. “We need to move from the scale of data to becoming data intelligent in the years to come. This would require us to leapfrog in the world of Artificial Intelligence,” he asserted.

Mr Kant said that use of blockchain can act as a game-changer in solving many critical problems related to the huge pendency in civil courts or land related matters. “We need to use blockchain and get into real time monitoring of these issues. These are some of the areas where India must technologically leapfrog, and it is critical for India’s long-term ability to grow at high rates consistently,” he added.

Financial Express |

Shoojit Sircar 'happy' with performance of Gulabo Sitabo on digital medium

Bollywood director Shoojit Sircar, whose movie Gulabo Sitabo was the first to go for a direct-to-digital release, is “happy with the way the film has fared on the digital medium so far”. The Amitabh Bachchan and Ayushmann Khurrana-starrer movie premiered globally on Amazon Prime Video on June 12.

Though the film was shot and conceived from a theatrical perspective, the Covid-19-induced lockdown and uncertainty around a concrete timeline for businesses to get back to normal prompted the decision to go for an OTT (over-the-top) launch, Sircar said at the Ficci Frames summit on Thursday.

Sircar pointed out, unlike most other film-makers he makes one movie at a time and the proceeds are used to fund his other projects, and so, holding a movie for long would not be commercially feasible. “There is a freshness and shelf life to a film. I make one film at a time…if I would have waited till August, I would have been in a minus. I have got a very secluded audience,” Sircar said.

He further said this trend was not the new normal and he “experimented” with a digital release. Further, producers are worried if their movies would get a proper theatrical window as there would be a rush of film releases once theatres resume operations.

The producers of Gulabo Sitabo reportedly earned Rs 65 crore, which more than covered for the film’s estimated Rs 35-crore budget. Sircar said he is aiming for a January 2021 theatrical release for his next movie, Sardar Udham Singh, though the timeline seems a bit daunting given that bulk of the post-production work is due. Vikram Malhotra, whose production Shakuntala Devi is slated for a launch on Amazon Prime Video on July 31, said opting for direct-to-digital releases is a “tactical decision” till the time normalcy resumes. However, Malhotra said he doesn’t believe OTT platforms are just an alternative in the current times since theatres are shut. As OTTs take movies to a broader global audience, they (direct-to-digital films) are treated with the “same respect as a theatrical release”. The idea is to principally go “where our customers are”, Malhotra said.

Disney+Hotstar is set to premiere seven films between July and October starting with Dil Bechara on July 24. Netflix has acquired Gunjan Saxena: The Kargil Girl.

OTT platforms have recorded a surge in subscriptions during the lockdown period and this development seems to be indicative of a habit formation rather than an offshoot of a prolonged lockdown, Saugata Mukherjee, head of original content at SonyLIV, said. The pandemic may have “expedited the process of cord-cutting”, Mukherjee added.

The Multiplex Association of India (MAI) had earlier cited the prevailing practice of “exclusive theatrical window” to urge studios and content creators to hold pending releases until theatres are reopened.

The Tribune |

Cannes comes closer

The Ministry of Information and Broadcasting in association with the Federation of Indian Chambers of Commerce & Industry (FICCI), conducted the virtual edition of Indian pavilion for Cannes Film Festival on Monday.
Prasoon Joshi, who was at Cannes Film Festival last year, said he was happy to be a part of the virtual inaugural meeting that had dignitaries from both the Government of India and the film fraternity.

Talking about cinema, he said, “Hum to dariyan hai, humein malum hai jis taraf bhi chal padenge raasta ho jaayega. Art, no matter what, finds its way, like we will mark our presence virtually in this year’s Cannes festival. As people have started to see life in a different way, so does cinema.”

“Last year when I was present at Cannes, we interacted with many international filmmakers, writers and directors. Foreign filmmakers want to come to India. If there’s a single window for permissions issued from the government, the film market would do great,” says Madhur Bhandarkar, the award-winning director.

Colin Burrows has executive produced many Indian films and has been a regular at the festival for the past 35 years. He said, “The greatest advantage of Cannes is networking. Films only work when people come together to share ideas.”

Kangana Ranaut says, “We are all caught up in these uncertainties. To be able to attend this event is a reassuring experience. This is my third year. I hope next year I will be there in person amidst warm hugs, handshakes, wine and what not.” This year, India has sent two films for screening at the festival, namely, Mai Ghat: Crime No 103/200 (Marathi) and Hellaro (Gujarati).

Pehal News |

Prakash Javadekar virtually inaugurates India Pavilion at Cannes Films Market 2020

Information and Broadcasting Minister Prakash Javadekar on Monday virtually inaugurated the India Pavilion at the Cannes Film Market.

The movie market contains digital pavilions for establishments reminiscent of movie funds and filming boards from throughout the globe in addition to digital cubicles for gross sales corporations to display their projects-in-work and join with consumers.

The Cannes Film Festival, one of many greatest gatherings of filmmakers and cinema lovers, couldn’t happen this 12 months in May as a result of coronavirus pandemic.

It was introduced in March that the five-day-long movie market, which runs parallel to the pageant, will go digital this 12 months. The movie market closes on Friday.

Javadekar stated to advertise collaborations - each enterprise and creative - the ministry will assist Indian filmmakers to attach with international cinema leaders.

“India Pavilion at #CannesFilmMarket is attractive even in online format; the virtual place will be the real partnership place, it will showcase films and numerous webinars. We, as Ministry of Information & Broadcasting, will assist you in connecting with right people,” the minister stated in a Zoom webinar.

Calling cinema the tender energy of India, Javadekar stated the ministry is repeatedly working in the direction of making India a movie capturing pleasant vacation spot.

“Our Film Facilitation Office has facilitated 80 foreign film shootings. Now, it will function as a single window where all central and state government permissions will be given in one go, saving time and cost. I appeal to film fraternity, come invest and shoot in India,” he added.

From India, Ananth Mahadevan’s Marathi movie Mai Ghat: Crime No 103/2005, starring actor Usha Jadhav, and National Award-winning Gujarati movie Hellaro shall be screened at the movie market. The Pavilion is about up collectively by the Ministry of Information & Broadcasting and FICCI.

Javadekar hoped the movies could be liked by the worldwide movie fraternity.

The members of Indian movie fraternity together with Prasoon Joshi, chairman, Central Board of Film Certification (CBFC), actor Kangana Ranaut and filmmaker Madhur Bhandarkar additionally attended the digital praised the ministry’s resolution to take part within the digital movie market.

Joshi stated cinema has grow to be an important a part of folks’s lives and in these unprecedented instances, when the world is attempting to bounce again to normalcy, artwork performs an necessary position.

“Art finds its own way. We are going through tough times. People have started seeing cinema differently as they have started seeing their lives. Over the generation cinema has become an essential thing for people. Cinema has gone hardwired into us and there will always be a need for entertainment,” he stated.

The lyricist stated a platform like Cannes is necessary for artists because it appears at the nuances and celebrates it.

Bhandarkar stated such platforms assist storytellers from completely different components of the world to have a inventive change: “I think it is necessary to tell our stories and culture to the world. Last year, we had great discussions with a lot of people who want to come to India for shooting. We should also collaborate with international filmmakers, scriptwriters and other talents.”

Ranaut stated the Indian Pavilion will act as a platform for creative minds to discover new avenues, “In times when we are so isolated to reach out to global community, this is such a great effort. In these times, we are caught up in uncertainty and being a performing artist there is nothing much I can grasp from other creative minds. I believe it is important to have these virtual sessions for global community.”

In the webinar, the minister additionally unveiled the booklet and poster of the 51st International Film Festival of India, which is scheduled to happen from November 20 to 28.

The World News |

FICCI raises concerns over likely curbs on TV channels

The Federation of Indian Chambers of Commerce and Industry (FICCI) has written to the Centre expressing concern over a draft policy that enables the Ministry of Home Affairs (MHA) to withdraw the security clearance granted to a television channel at any point of time.

The industry body said the right to operate a TV channel is protected under Article 19 of the Constitution subject to reasonable restrictions such as protecting the sovereignty, integrity, security of the State, maintaining public order, decency among others.

Under the present norms, once security clearance is granted to an entity by the MHA, it remains valid for ten years.

Draft of changes

On April 30, the Ministry of Information and Broadcasting circulated a draft policy guidelines for uplinking and downlinking of television channels. The draft guidelines seek to change the 2011 policy and one of the contentious provisions pertains to security clearance by the MHA.

The draft says, “Provided that if at any time the MHA withdraws security clearance to a permission holder, the permission of the company shall be forthwith terminated, after giving an opportunity to be heard.”

FICCI has suggested in a response to MHA and MIB that due process should be followed and the entity whose clearance is withdrawn should get an opportunity to move the court of law.

Time for legal option

FICCI said, “A due process requiring MHA to send notice containing reasons in writing for revocation of security clearance with minimum 30 days for the permitted entity to respond needs to be instituted and 15 days should be given to approach court of law in case MHA passes an adverse order with reasoning. Also, it should be clearly stated that the said TV channel(s) will not be discontinued till the proceedings before MHA are pending and time to approach Courts remains.”

Stating that “the right to operate a TV channel is protected under Article 19 of the Constitution as the right to carry on business of circulating commercial speech”, the Federation said such a right can only be subject to reasonable restrictions of “the sovereignty and integrity of India, the security of the State, friendly relations with foreign States, public order, decency or morality or in relation to contempt of court, defamation or incitement to an offence” as provided in Article 19(2) of the Constitution.

FICCI also suggested that the table of violations and penalties be pruned and modified into “fixed financial penalties based on per day that such violation continues and if the said entity continues to violate even after being fined thrice, should it be forced it to suspend broadcast for not more than 24 hours.”

Few of the 11 violations for which the penalty includes cancellation of license are: “Delay or non-intimation to the Ministry about change in the shareholding pattern of the company”, “appointment of a Director without prior permission of the Ministry”, “non-removal of a Director who has been denied security clearance” or “showing dual logo/logo or name not permitted by the Ministry.”

FICCI also suggested that “not more than 30 days should be taken to clear all fresh applications” and “in the case of renewal permissions, not more than 15 days should be taken. If the timelines are not met then the applicant should be deemed to have received the said permission.”

The World News |

FICCI raises concerns over likely curbs on TV channels

The Federation of Indian Chambers of Commerce and Industry (FICCI) has written to the Centre expressing concern over a draft policy that enables the Ministry of Home Affairs (MHA) to withdraw the security clearance granted to a television channel at any point of time.

The industry body said the right to operate a TV channel is protected under Article 19 of the Constitution subject to reasonable restrictions such as protecting the sovereignty, integrity, security of the State, maintaining public order, decency among others.

Under the present norms, once security clearance is granted to an entity by the MHA, it remains valid for ten years.

Draft of changes

On April 30, the Ministry of Information and Broadcasting circulated a draft policy guidelines for uplinking and downlinking of television channels. The draft guidelines seek to change the 2011 policy and one of the contentious provisions pertains to security clearance by the MHA.

The draft says, “Provided that if at any time the MHA withdraws security clearance to a permission holder, the permission of the company shall be forthwith terminated, after giving an opportunity to be heard.”

FICCI has suggested in a response to MHA and MIB that due process should be followed and the entity whose clearance is withdrawn should get an opportunity to move the court of law.

Time for legal option

FICCI said, “A due process requiring MHA to send notice containing reasons in writing for revocation of security clearance with minimum 30 days for the permitted entity to respond needs to be instituted and 15 days should be given to approach court of law in case MHA passes an adverse order with reasoning. Also, it should be clearly stated that the said TV channel(s) will not be discontinued till the proceedings before MHA are pending and time to approach Courts remains.”

Stating that “the right to operate a TV channel is protected under Article 19 of the Constitution as the right to carry on business of circulating commercial speech”, the Federation said such a right can only be subject to reasonable restrictions of “the sovereignty and integrity of India, the security of the State, friendly relations with foreign States, public order, decency or morality or in relation to contempt of court, defamation or incitement to an offence” as provided in Article 19(2) of the Constitution.

FICCI also suggested that the table of violations and penalties be pruned and modified into “fixed financial penalties based on per day that such violation continues and if the said entity continues to violate even after being fined thrice, should it be forced it to suspend broadcast for not more than 24 hours.”

Few of the 11 violations for which the penalty includes cancellation of license are: “Delay or non-intimation to the Ministry about change in the shareholding pattern of the company”, “appointment of a Director without prior permission of the Ministry”, “non-removal of a Director who has been denied security clearance” or “showing dual logo/logo or name not permitted by the Ministry.”

FICCI also suggested that “not more than 30 days should be taken to clear all fresh applications” and “in the case of renewal permissions, not more than 15 days should be taken. If the timelines are not met then the applicant should be deemed to have received the said permission.”

OBN |

Prakash Javadekar to Virtually Inaugurate India Pavilion at Cannes Film Festival - Prakash Javadekar inaugurates India's Pavilion at Cannes Film Festival, invitations taking pictures to overseas filmmakers

Union Information and Broadcasting Minister Prakash Javadekar known as on overseas filmmakers to advertise taking pictures of movies in India. Javadekar inaugurated the digital Pavilion of India for the Cannes Film Festival on Monday. On this event, for the primary time, two movies may even be show-case within the Pavilion of India. On this event, the Union Minister stated that worldwide filmmakers ought to come ahead to contribute increasingly more in growing the market of movies in India.

The inauguration, finished by means of video conferencing, will see the present Myghat Ktrasim No. 103/2005, written by famous Hindi and Marathi movie actor and narrator Anantamahadevan and starring Usha Jadhav. The movie is the story of a mom bringing her son to justice, who needed to fall prey to police excesses in Kerala. Apart from this, there may even be Hilloure, a Gujarati movie that has received the National Award. Cannes Film Festival because of corona an infection which was earlier to be held in May however now it’s taking place from third June to 23rd June.

On this event, the Union Minister stated that Corona has modified the methods of the world. This is the primary time a movie pageant is being finished in a digital method. He stated that such a section of digital packages has began as of late that now these have gotten actuality. Javadekar stated that Indian movies have at all times been a humble facet of Indian society. If they’re known as the mirror of society, then it is not going to be an exaggeration. Because movies are made on a scale in India. In such a state of affairs, if overseas filmmakers additionally come to India and produce their movies, then they’ll get all of the variations. The Union Minister stated that our nation is replete with wealthy pure sources and a ravishing location of magnificence. The pure magnificence right here isn’t present in any nook of the world.

The Union Minister stated that now 50 international locations perform their building works in India. In such a state of affairs, our solely likelihood is to extend the movie market within the nation and to extend it. This is feasible solely when increasingly more filmmakers come to India and produce movies. For this, two years in the past, the Modi authorities on the heart had organized all of the approvals from a single place by means of a single window.

On this event, Information and Broadcasting Secretary Amit Khare knowledgeable that the delivery centenary of legendary filmmaker Satyajit Ray will likely be celebrated on the Cannes Film Festival subsequent yr. For this, his movies will likely be reviewed, reflecting his contribution to cinema. Apart from this, an exhibition exhibiting his movie journey may even be organized.

The ceremony was attended by FICCI Secretary General Dilip Chenoy, famend musician and Film Accreditation Board President Prasoon Joshi, movie director Madhur Bhandarkar, actress Kangana Ranaut, India's Consulate in-charge in France, Srilal Kumar, Additional Secretary within the Ministry of Information and Broadcasting Atul Kumar Tiwari. Also addressed.

The Cannes Film Festival has been held repeatedly since 1946. It showcases the most effective movies on the planet. It is the one occasion by which folks from everywhere in the world take part. This time particular packages may even be held on the Pavilion of India until 26 June. On this event, the Union Minister has additionally launched the poster and booklet of the International Film Festival to be held in Goa from 20 to 28 November.

Adgully |

India's soft power are films says Prakash Javadekar at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. Mr Javadekar said that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of India said that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

The India Pavilion would serve as an information dissemination point about India and the Indian cinema for the global film community. The pavilion would also facilitate business meetings and linkages between filmmakers and other media and entertainment industry stakeholders. The pavilion is organising various sessions on areas of topical interest: Future of films in a post COVID world, Come, Film in India, Taking Indian Content to Global Markets: Importance and Role of film festivals in the age of Digital Platforms, Export of Indian Film Services to the world/Servicing the World Entertainment, and Reenergising co-productions. Three roundtables, with Film Commissions, Film Festivals and Film Funds are also set to be organized to discuss threadbare the ideas on promoting Indian films and to anchor partnerships between the domestic and global media and entertainment industry players.

Indus Scrolls |

Prakash Javadekar virtually inaugurates India Pavilion at Cannes Film Market 2020

Information and Broadcasting Minister Prakash Javadekar has inaugurated the India Pavilion at the Cannes Film Market 2020 virtually. Speaking at the inaugural session today, he highlighted government’s initiative of instituting Film Facilitation Centres for granting quick and easy clearances for shooting of International Films in the Country. Mr. Javadekar called upon global film makers to shoot movies in India and produce them for the global market. He informed that the Marathi movie Mai Ghat and Gujarati movie Hellaro, are the official entrants to be showcased in the Cannes film festival this year.

The Minister also launched the poster and information booklet for the 51st International Film Festival of India (IFFI) , slated to held in Goa from the 20th of November this year.

One of the most prestigious film festivals and cinema’s largest annual gathering, Cannes Film Festival had earlier postponed its 73rd edition of this year due to the Coronavirus pandemic. It is now being held virtually as a five day festival, which will culminate on Friday.

Speaking on the occasion, Secretary, Information and Broadcasting, Amit Khare said that Prime Minister Narendra Modi met the Indian film industry four times in the last year, which reflects the commitment at the highest level in the Government for the development of Indian film industry. He also informed that India will showcase movies of legendary film director Satyajit Ray at the Cannes Film festival next year as a special tribute to the renowned Indian film maker on his birth centenary.

Additional Secretary, Information and Broadcasting Atul Kumar Tiwari said that adaptable model of India Pavilion at Cannes Film Market seeks to keep the Indian ethos live. He affirmed his belief that even the virtual Cannes film market will be a hub of activities on co-production, film shooting in the country, export of Indian films, post-production activities and networking.

The inaugural session was attended by Chairman of Central Board of Film Certification, Prasoon Joshi, renowned Movie Director Madhur Bhandarkar, National Representative of Active Telugu Film Makers Guild D Suresh Babu, renowned producer and head of Special Treats Production Colin Burrows, Bollywood actress Kangana Ranaut, Marathi Film Actress Usha Jadhav among others.

The Indian pavilion at Cannes Film Market has been jointly set up by Ministry of Information and Broadcasting and FICCI.

Filmy Town |

Prakash Javadekar at Cannes Film Market 2020: Invest and shoot in India

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people during the Cannes Film Market 2020. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. Mr Javadekar said at the Cannes Film Market 2020 that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of India said that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

The India Pavilion at the Cannes Film Market 2020 would serve as an information dissemination point about India and the Indian cinema for the global film community. The pavilion would also facilitate business meetings and linkages between filmmakers and other media and entertainment industry stakeholders. The pavilion is organising various sessions on areas of topical interest: Future of films in a post COVID world, Come, Film in India, Taking Indian Content to Global Markets: Importance and Role of film festivals in the age of Digital Platforms, Export of Indian Film Services to the world/Servicing the World Entertainment, and Reenergising co-productions. Three roundtables, with Film Commissions, Film Festivals and Film Funds are also set to be organized to discuss threadbare the ideas on promoting Indian films and to anchor partnerships between the domestic and global media and entertainment industry players.

The Hindu |

Prakash Javadekar virtually inaugurates India Pavilion at Cannes Films Market 2020

Information and Broadcasting Minister Prakash Javadekar on Monday virtually inaugurated the India Pavilion at the Cannes Film Market.

The film market includes virtual pavilions for institutions such as film funds and filming boards from across the globe as well as virtual booths for sales companies to screen their projects-in-work and connect with buyers.

The Cannes Film Festival, one of the biggest gatherings of filmmakers and cinema lovers, could not take place this year in May due to the coronavirus pandemic.

It was announced in March that the five-day-long film market, which runs parallel to the festival, will go virtual this year. The film market closes on Friday.

Javadekar said to promote collaborations — both business and artistic — the ministry will help Indian filmmakers to connect with global cinema leaders.

“India Pavilion at #CannesFilmMarket is attractive even in online format; the virtual place will be the real partnership place, it will showcase films and numerous webinars. We, as Ministry of Information & Broadcasting, will assist you in connecting with right people,” the minister said in a Zoom webinar.

Calling cinema the soft power of India, Javadekar said the ministry is continuously working towards making India a film shooting friendly destination.

“Our Film Facilitation Office has facilitated 80 foreign film shootings. Now, it will function as a single window where all central and state government permissions will be given in one go, saving time and cost. I appeal to film fraternity, come invest and shoot in India,” he added.

From India, Ananth Mahadevan’s Marathi film Mai Ghat: Crime No 103/2005, starring actor Usha Jadhav, and National Award-winning Gujarati film Hellaro will be screened at the film market. The Pavilion is set up jointly by the Ministry of Information & Broadcasting and FICCI.

Javadekar hoped the films would be loved by the international film fraternity.

The members of Indian film fraternity including Prasoon Joshi, chairman, Central Board of Film Certification (CBFC), actor Kangana Ranaut and filmmaker Madhur Bhandarkar also attended the virtual praised the ministry’s decision to participate in the virtual film market.

Joshi said cinema has become an essential part of people’s lives and in these unprecedented times, when the world is trying to bounce back to normalcy, art plays an important role.

“Art finds its own way. We are going through tough times. People have started seeing cinema differently as they have started seeing their lives. Over the generation cinema has become an essential thing for people. Cinema has gone hardwired into us and there will always be a need for entertainment,” he said.

The lyricist said a platform like Cannes is important for artists as it looks at the nuances and celebrates it.

Bhandarkar said such platforms help storytellers from different parts of the world to have a creative exchange: “I think it is necessary to tell our stories and culture to the world. Last year, we had great discussions with a lot of people who want to come to India for shooting. We should also collaborate with international filmmakers, scriptwriters and other talents.”

Ranaut said the Indian Pavilion will act as a platform for artistic minds to explore new avenues, “In times when we are so isolated to reach out to global community, this is such a great effort. In these times, we are caught up in uncertainty and being a performing artist there is nothing much I can grasp from other creative minds. I believe it is important to have these virtual sessions for global community.”

In the webinar, the minister also unveiled the booklet and poster of the 51st International Film Festival of India, which is scheduled to take place from November 20 to 28.

AIR News |

I&B Minister virtually inaugurates India Pavilion at Cannes Film Market 2020

Information and Broadcasting Minister Prakash Javadekar has inaugurated the India Pavilion at the Cannes Film Market 2020 virtually. Speaking at the inaugural session today, he highlighted government's initiative of instituting Film Facilitation Centres for granting quick and easy clearances for shooting of International Films in the Country. Mr. Javadekar called upon global film makers to shoot movies in India and produce them for the global market. He informed that the Marathi movie Mai Ghat and Gujarati movie Hellaro, are the official entrants to be showcased in the Cannes film festival this year.

The Minister also launched the poster and information booklet for the 51st International Film Festival of India (IFFI) , slated to held in Goa from the 20th of November this year.

One of the most prestigious film festivals and cinema's largest annual gathering, Cannes Film Festival had earlier postponed its 73rd edition of this year due to the Coronavirus pandemic. It is now being held virtually as a five day festival, which will culminate on Friday.

Speaking on the occasion, Secretary, Information and Broadcasting, Amit Khare said that Prime Minister Narendra Modi met the Indian film industry four times in the last year, which reflects the commitment at the highest level in the Government for the development of Indian film industry. He also informed that India will showcase movies of legendary film director Satyajit Ray at the Cannes Film festival next year as a special tribute to the renowned Indian film maker on his birth centenary.

Additional Secretary, Information and Broadcasting Atul Kumar Tiwari said that adaptable model of India Pavilion at Cannes Film Market seeks to keep the Indian ethos live. He affirmed his belief that even the virtual Cannes film market will be a hub of activities on co-production, film shooting in the country, export of Indian films, post-production activities and networking.

The inaugural session was attended by Chairman of Central Board of Film Certification, Prasoon Joshi, renowned Movie Director Madhur Bhandarkar, National Representative of Active Telugu Film Makers Guild D Suresh Babu, renowned producer and head of Special Treats Production Colin Burrows, Bollywood actress Kangana Ranaut, Marathi Film Actress Usha Jadhav among others.

The Indian pavilion at Cannes Film Market has been jointly set up by Ministry of Information and Broadcasting and FICCI.

Bright News |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. Mr Javadekar said that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of India said that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

Dumkhum |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. Mr Javadekar said that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of India said that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

The India Pavilion would serve as an information dissemination point about India and the Indian cinema for the global film community. The pavilion would also facilitate business meetings and linkages between filmmakers and other media and entertainment industry stakeholders. The pavilion is organising various sessions on areas of topical interest: Future of films in a post COVID world, Come, Film in India, Taking Indian Content to Global Markets: Importance and Role of film festivals in the age of Digital Platforms, Export of Indian Film Services to the world/Servicing the World Entertainment, and Reenergising co-productions. Three roundtables, with Film Commissions, Film Festivals and Film Funds are also set to be organized to discuss threadbare the ideas on promoting Indian films and to anchor partnerships between the domestic and global media and entertainment industry players.

Nyoooz |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers. Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020. The India Pavilion would serve as an information dissemination point about India and the Indian cinema for the global film community.

Deccan Herald |

Javadekar inaugurates virtual India Pavilion at Cannes Films Market

Information and Broadcasting Minister Prakash Javadekar on Monday virtually inaugurated the India Pavilion at the Cannes Film Market.

The film market includes virtual pavilions for institutions such as film funds and filming boards from across the globe as well as virtual booths for sales companies to screen their projects-in-work and connect with buyers.

The Cannes Film Festival, one of the biggest gatherings of filmmakers and cinema lovers, could not take place this year in May due to the coronavirus pandemic.

It was announced in March that the five-day-long film market, which runs parallel to the festival, will go virtual this year. The film market closes on Friday.

Javadekar said to promote collaborations – both business and artistic -- the ministry will help Indian filmmakers to connect with global cinema leaders. "India Pavilion at #CannesFilmMarket is attractive even in online format; the virtual place will be the real partnership place, it will showcase films and numerous webinars. We, as Ministry of Information & Broadcasting, will assist you in connecting with right people,” the minister said in a Zoom webinar.

Calling cinema the “soft power” of India, Javadekar said the ministry is continuously working towards making India a film shooting friendly destination.

“Our Film Facilitation Office has facilitated 80 foreign film shootings. Now, it will function as a single-window where all central and state government permissions will be given in one go, saving time and cost. I appeal to film fraternity, come invest and shoot in India.”

From India, Ananth Mahadevan’s Marathi film ‘‘Mai Ghat: Crime No 103/2005", starring actor Usha Jadhav, and National Award-winning Gujarati film “Hellaro” will be screened at the film market. The Pavilion is set up jointly by the Ministry of Information & Broadcasting and FICCI.

Javadekar hoped the films would be loved by the international film fraternity.

The members of Indian film fraternity including Prasoon Joshi, chairman, Central Board of Film Certification (CBFC), actor Kangana Ranaut and filmmaker Madhur Bhandarkar also attended the virtual praised the ministry’s decision to participate in the virtual film market.

Joshi said cinema has become an essential part of people’s lives and in these unprecedented times, when the world is trying to bounce back to normalcy, art plays an important role.

“Art finds its own way. We are going through tough times. People have started seeing cinema differently as they have started seeing their lives. Over the generation cinema has become an essential thing for people. Cinema has gone hardwired into us and there will always be a need for entertainment,” he said.

The lyricist said a platform like Cannes is important for artists as it looks at the “nuances” and celebrates it.

Bhandarkar said such platforms help storytellers from different parts of the world to have a creative exchange.

“I think it is necessary to tell our stories and culture to the world. Last year, we had great discussions with a lot of people who want to come to India for shooting. We should also collaborate with international filmmakers, scriptwriters and other talents.” Ranaut said the Indian Pavilion will act as a platform for artistic minds to explore new avenues. “In times when we are so isolated to reach out to global community, this is such a great effort. In these times, we are caught up in uncertainty and being a performing artist there is nothing much I can grasp from other creative minds. I believe it is important to have these virtual sessions for global community.” In the webinar, the minister also unveiled the booklet and poster of the 51st International Film Festival of India, which is scheduled to take place from November 20 to 28.

Business World |

Javadekar Virtually inaugurates India Pavilion at Cannes Film Market 2020

Information and Broadcasting Minister Prakash Javadekar on Monday virtually inaugurated the India Pavilion at Cannes Film Market 2020.

Owing to the ongoing COVID-19 pandemic, the festival is being held online this year from June 22-28.

Speaking on the occasion, Javadekar appealed to the international film fraternity to invest and shoot in India.

"This is an abnormal time. Now, virtual meetings, conferences, and inaugurations have become a new normal. Indian Pavilion is attractive in the online format. The virtual place will be now real place. This pavilion will showcase films and numerous webinars. India's soft power is films. So many languages, so many films," he said.

"Film facilitation office here will not be another window but in real meaning, it will be a single-window where all state government permissions and other permissions will come in one go.

Because that is most necessary and it will save time and unnecessary costs. So, my appeal to international film fraternity is come, invest and shoot in India and sell in the global market as a global brand," the minister said.

Javadekar further said that Indian content will be harnessed further and the film market will be promoted.

"Indian content is rich. 150 countries are using this content. Ask any OTT platforms, their popular platforms are based on Indian content. We want to harness it further. We want to promote this film market and India will have a proud place in the world film market," he said.

"I hope two films which we have sent this year in the Cannes Film Festival will definitely be appreciated across the globe. Cannes being a prestigious festival, my wish is that this should be last year for virtual, from next year it all should be actual," he added.

Outlook |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Films Market

Information and Broadcasting Minister Prakash Javadekar on Monday virtually inaugurated the India Pavilion at the Cannes Film Market.

The film market includes virtual pavilions for institutions such as film funds and filming boards from across the globe as well as virtual booths for sales companies to screen their projects-in-work and connect with buyers.

The Cannes Film Festival, one of the biggest gatherings of filmmakers and cinema lovers, could not take place this year in May due to the coronavirus pandemic.

It was announced in March that the five-day-long film market, which runs parallel to the festival, will go virtual this year. The film market closes on Friday.

Javadekar said to promote collaborations – both business and artistic -- the ministry will help Indian filmmakers to connect with global cinema leaders. "India Pavilion at #CannesFilmMarket is attractive even in online format; the virtual place will be the real partnership place, it will showcase films and numerous webinars. We, as Ministry of Information & Broadcasting, will assist you in connecting with right people,” the minister said in a Zoom webinar.

Calling cinema the “soft power” of India, Javadekar said the ministry is continuously working towards making India a film shooting friendly destination.

“Our Film Facilitation Office has facilitated 80 foreign film shootings. Now, it will function as a single window where all central and state government permissions will be given in one go, saving time and cost. I appeal to film fraternity, come invest and shoot in India.”

From India, Ananth Mahadevan’s Marathi film ‘‘Mai Ghat: Crime No 103/2005", starring actor Usha Jadhav, and National Award-winning Gujarati film “Hellaro” will be screened at the film market. The Pavilion is set up jointly by the Ministry of Information & Broadcasting and FICCI.

Javadekar hoped the films would be loved by the international film fraternity.

The members of Indian film fraternity including Prasoon Joshi, chairman, Central Board of Film Certification (CBFC), actor Kangana Ranaut and filmmaker Madhur Bhandarkar also attended the virtual praised the ministry’s decision to participate in the virtual film market.

Joshi said cinema has become an essential part of people’s lives and in these unprecedented times, when the world is trying to bounce back to normalcy, art plays an important role.

“Art finds its own way. We are going through tough times. People have started seeing cinema differently as they have started seeing their lives. Over the generation cinema has become an essential thing for people. Cinema has gone hardwired into us and there will always be a need for entertainment,” he said.

The lyricist said a platform like Cannes is important for artists as it looks at the “nuances” and celebrates it.

Bhandarkar said such platforms help storytellers from different parts of the world to have a creative exchange.

“I think it is necessary to tell our stories and culture to the world. Last year, we had great discussions with a lot of people who want to come to India for shooting. We should also collaborate with international filmmakers, scriptwriters and other talents.” Ranaut said the Indian Pavilion will act as a platform for artistic minds to explore new avenues. “In times when we are so isolated to reach out to global community, this is such a great effort. In these times, we are caught up in uncertainty and being a performing artist there is nothing much I can grasp from other creative minds. I believe it is important to have these virtual sessions for global community.” In the webinar, the minister also unveiled the booklet and poster of the 51st International Film Festival of India, which is scheduled to take place from November 20 to 28.

AIR News |

I&B Minister virtually inaugurates India Pavilion at Cannes Film Market 2020

Information and Broadcasting Minister Prakash Javadekar has inaugurated the India Pavilion at the Cannes Film Market 2020 virtually. Speaking at the inaugural session today, he highlighted government's initiative of instituting Film Facilitation Centres for granting quick and easy clearances for shooting of International Films in the Country. Mr. Javadekar called upon global film makers to shoot movies in India and produce them for the global market. He informed that the Marathi movie Mai Ghat and Gujarati movie Hellaro, are the official entrants to be showcased in the Cannes film festival this year.

The Minister also launched the poster and information booklet for the 51st International Film Festival of India (IFFI) , slated to held in Goa from the 20th of November this year.

One of the most prestigious film festivals and cinema's largest annual gathering, Cannes Film Festival had earlier postponed its 73rd edition of this year due to the Coronavirus pandemic. It is now being held virtually as a five day festival, which will culminate on Friday.

Speaking on the occasion, Secretary, Information and Broadcasting, Amit Khare said that Prime Minister Narendra Modi met the Indian film industry four times in the last year, which reflects the commitment at the highest level in the Government for the development of Indian film industry. He also informed that India will showcase movies of legendary film director Satyajit Ray at the Cannes Film festival next year as a special tribute to the renowned Indian film maker on his birth centenary.

Additional Secretary, Information and Broadcasting Atul Kumar Tiwari said that adaptable model of India Pavilion at Cannes Film Market seeks to keep the Indian ethos live. He affirmed his belief that even the virtual Cannes film market will be a hub of activities on co-production, film shooting in the country, export of Indian films, post-production activities and networking.

The inaugural session was attended by Chairman of Central Board of Film Certification, Prasoon Joshi, renowned Movie Director Madhur Bhandarkar, National Representative of Active Telugu Film Makers Guild D Suresh Babu, renowned producer and head of Special Treats Production Colin Burrows, Bollywood actress Kangana Ranaut, Marathi Film Actress Usha Jadhav among others.

The Indian pavilion at Cannes Film Market has been jointly set up by Ministry of Information and Broadcasting and FICCI.

Global Prime News |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. MrJavadekar said that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr. Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of Indiasaid that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

The India Pavilion would serve as an information dissemination point about India and the Indian cinema for the global film community. The pavilion would also facilitate business meetings and linkages between filmmakers and other media and entertainment industry stakeholders. The pavilion is organising various sessions on areas of topical interest: Future of films in a post COVID world, Come, Film in India, Taking Indian Content to Global Markets: Importance and Role of film festivals in the age of Digital Platforms, Export of Indian Film Services to the world/Servicing the World Entertainment, and Reenergising co-productions. Three roundtables, with Film Commissions, Film Festivals and Film Funds are also set to be organized to discuss threadbare the ideas on promoting Indian films and to anchor partnerships between the domestic and global media and entertainment industry players.

Orissa Diary |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. Mr Javadekar said that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of India said that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

The India Pavilion would serve as an information dissemination point about India and the Indian cinema for the global film community. The pavilion would also facilitate business meetings and linkages between filmmakers and other media and entertainment industry stakeholders. The pavilion is organising various sessions on areas of topical interest: Future of films in a post COVID world, Come, Film in India, Taking Indian Content to Global Markets: Importance and Role of film festivals in the age of Digital Platforms, Export of Indian Film Services to the world/Servicing the World Entertainment, and Reenergising co-productions. Three roundtables, with Film Commissions, Film Festivals and Film Funds are also set to be organized to discuss threadbare the ideas on promoting Indian films and to anchor partnerships between the domestic and global media and entertainment industry players.

Spirit of Mumbai |

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India today while inaugurating the virtual India Pavilion at Cannes Film Market 2020, urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes.

Mr Javadekar said that I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them.

The Minister said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am confident that the two films representing India at Cannes this year will be appreciated,” he added. Mr Javadekar said that virtual conferences and virtual meetings are the new normal. The virtual India Pavilion at the Cannes Film Market will become the real partnership place for filmmakers.

During the virtual inauguration, Mr Javadekar unveiled the International Film Festival of India’s (IFFI) booklet and poster. The 50th edition of IFFI will be held from 20 to 28 November 2019.

Ms Shrila Dutta Kumar, Minister (Consular), Embassy of India to France said that the embassy would like to assure all stakeholders of the film industry in India of its assistance to promote cooperative ventures with France in filmmaking. She added that to encourage filmmakers, some tax rebates are also offered to foreign film companies.

Mr Amit Khare, Secretary, Ministry of I&B, Govt of India said that the Government of India is committed to supporting the film industry. The ideas of the industry to set up a film facilitation office and single window clearances have helped in furthering the cause of the industry. He added that to mark the centenary year of the legendary filmmaker Satyajit Ray, which will fall on 2 May 2021, Indian government is planning a big event at Cannes next year.

Mr Atul Kumar Tiwari, Additional Secretary, Ministry of I&B, Govt of India said that Cannes has been a hub of activities for years. It is here that Indian filmmakers can collaborate with international filmmakers and explore opportunities of working and shooting in India.

Mr Prasoon Joshi, Poet, Screenwriter & Chairman, CBFC said that cinema has become hardwired into an essential need for humans. There would be a void if we remove entertainment from our lives. He added that Cannes has always celebrated the nuance and it will be a return and rebirth of nuance at the film market this year.

Mr Madhur Bhandarkar, National Award Winning Director said that there is a need to encourage foreign producers to come to India for film shooting. India has a huge market and a great landscape in terms of making movies. “Art has no boundaries and we should collaborate with foreign stakeholders so that our films go global,” he added.

Mr D Suresh Babu, National Representative, Active Telugu Film Makers Guild said that South India has high quality post production facilities available for collaboration. There is an opportunity to work with foreign filmmakers and corporates and added that such collaborations can put Indian film industry on the world map.

Ms Kangana Ranaut, Film Personality said that in these times of isolation, it is important to have virtual platforms to reach out to the global community. She added that the way we consume art may change but art is an essential commodity for civilized culture is very reassuring.

Mr Dilip Chenoy, Secretary General, FICCI said that given the COVID-19 situation, the India Pavilion this year has been organized virtually as part of the virtual Cannes Film Market from 22-26 June 2020.

Ms TCA Kalyani, Joint Secretary (Films), Ministry of I&B, Govt of India; Mr Colin Burrows, Special Treats Productions and Ms Usha Jadhav, Actor, Mai Ghat also spoke on the occasion.

The India Pavilion would serve as an information dissemination point about India and the Indian cinema for the global film community. The pavilion would also facilitate business meetings and linkages between filmmakers and other media and entertainment industry stakeholders. The pavilion is organising various sessions on areas of topical interest: Future of films in a post COVID world, Come, Film in India, Taking Indian Content to Global Markets: Importance and Role of film festivals in the age of Digital Platforms, Export of Indian Film Services to the world/Servicing the World Entertainment, and Re energising co-productions. Three roundtables, with Film Commissions, Film Festivals and Film Funds are also set to be organized to discuss threadbare the ideas on promoting Indian films and to anchor partnerships between the domestic and global media and entertainment industry players.

Entrepreneur |

Impact of COVID-19 on Indian Media and Entertainment Industry

The Indian media and entertainment industry, worth INR 1.82 trillion in 2019 (according to FICCI), is now staring at INR 25,000 crore loss (CRISIL). The lockdown has had varied effects on the multiple sectors in the media and entertainment industry. While box offices and event management companies take a huge blow, OTT services are more in vogue than ever before.

This pandemic has revealed the brutal socio-economic divides that exist within one nation. As with other industries, migrant workers and daily wagers have been the worst affected. Since Bollywood movies stopped shooting mid-March, there have been numerous stories of daily wage earners who have nothing but their savings to turn to. Organizations such as CINTAA, TWICE, and the Production Guild of India, actors and other production houses have stepped up their efforts to support these workers. There can be no denying the fact, however, that even when work comes, the maintenance of safety norms will remain in question.

Impact on Box Office

With theatre releases postponed, shooting on hold, and cinema halls closed, absolutely nothing is certain. Even when theatres open, social distancing norms and weakened livelihoods are likely to prevent people from thronging to watch movies. With large-budgeted films competing for release dates, smaller productions may lose out. Production houses, keen on anticipated revenues, will have to put future projects on hold. A KPMG report points out that in order to stay afloat and avoid cash crunches, investments in large projects will most probably be avoided. In other words, the effect of the lockdown and virus are likely to carry on till FY21.

TV shows

During the lockdown, TV consumption has actually increased, with so many people being homebound. Viewers regularly watch news to stay up-to-date with the latest developments in the mid of the crisis. They also enjoy previously existing content. Doordarshan airing Mahabharat and Ramayan comes to mind. For two weeks, the channel became the most viewed in the world. The trouble of course is that advertising has shot down, as companies providing channels revenue are facing trouble themselves. The KPMG study predicts a 4-12 delay post ‘normalcy’ for monetization to be renewed. There is also danger that post lockdown, it could face increased competition from digital platforms.

Events

If the movie industry has it bad, then imagine an industry that is completely based on gatherings. Events include award shows, meetings, conferences, exhibitions, competitions, music festivals, etc. With huge events such as IPL suspended or canceled, the event management sector is looking at huge losses (INR 3,000 crore, at least as of the end of March). A survey conducted by the Events and Entertainment Management Association (EEMA) with 170 companies, found that more than 50 per cent of organizations had 90 per cent of their business canceled between March and July. More than 100 companies, of those surveyed, had faced a revenue reduction of INR 1 crore. The event industry provides livelihoods to 10 million people directly, and 50 million by way of allied sectors. The KPMG report sees business-to-business events picking up before business-to-consumer ones, expecting a 12-16 week delay post ‘normalcy’ for content supply and consumption of events to be renewed.

Impact OTT Platforms

In what are clearly dark times for M&E, OTT media services appear to be a glimmer of hope. There has been increased usage of these platforms over the last few months. Multiple platforms are providing subscription-free usage of their services to induce habit formation (KPMG), in the hope that this will lead to greater subscribers as we return to normalcy. Many users, who may have never experienced OTT services before, are opening themselves up and exploring them. They are also getting used to, and fond of, the ‘pause and play’ options that are not available on dish television operators. Of course, as with television, platforms must make do with the content they already have. However, among other things, this trend has emphasized the permanence of digitization. Going forward, it is likely that advertisers turn their focus even more to the Internet. The Bollywood movie, Angrezi Medium, which could not have a box office release was released on Disney+ Hotstar. This is not a viable option for all movies, however, considering that they may not reach the right audiences, or platforms may not be able to support big-budgeted films.

During this lockdown, the industry has gone through a harrowing experience. Respite, if any, was found online. Recovery will be slow, but those in the industry should not be discouraged. After all, it was often art and media that provided relief and support to the entire world.

India Today |

Big screen blues

Everyone saw it coming. Rumours were abound that Bollywood producers were contemplating taking the direct-to-digital route for some of their films. Producer Bhushan Kumar had told india today (‘Cinema, Interrupted’, in issue dated May 11) that he was in talks with a few OTT platforms to premiere his medium-budget, concept-driven fare. Then came the big blow theatre owners had feared.

Director Shoojit Sircar and producers Ronnie Lahiri and Sheel Kumar took one of 2020’a most anticipated films, Gulabo Sitabo, starring Amitabh Bachchan and Ayushmann Khurrana, to Amazon Prime Video. Calling it a part of the evolution of film business, Lahiri was happy to have the film dubbed in 12 foreign languages for release in 200 countries. “It’s like the parantha is hot and ready to serve. Why keep it for later?” he says. “It won’t be as tasty” Furthermore, Amazon has acquired rights to six more films.

While Netflix has been producing films for a few years and Zee5 has premiered a few in the past, the latest development is telling because Amazon’s slate was not originally made for OTT. The makers had turned to streaming after it became clear a theatrical release was too far in the future. India’s two biggest multiplex chains were not pleased. Multiplex chain INOX, using the analogy of a spurned friend, said in a scathing statement: “Such acts, though isolated, vitiate the atmosphere of mutual partnership and paint these content producers as fair-weather rather than all-weather life-long partners”. It further mentioned that it was considering “taking retributive measures”, which was seen as a threat to the Sircar-directed biopic, Sardar Udham Singh, starring Vicky Kaushal. PVR downplayed the blow, choosing to express faith in cinephiles. “Cinema exhibition has regularly faced competition from new emerging distribution platforms over the last many years, and it has continued to enjoy cine-goers’ patronage and affinity,” said Kamal Gianchandani, CEO, PVR Pictures.

Covid has already caused a sizeable dent in theatrical revenues. In 2019, domestic theatrical business accounted for nearly 60 per cent of India’s Rs 19,100 crore film industry, as per the FICCI-EY Media & Entertainment 2020 report. This figure prompted Ajay Bijli, chairman and managing director of PVR Ltd, to write that OTT platforms would “never be able to replace” theatrical business. “Aberrations like what we’re going through just now, should no way change the structure of the business,” he added.

It’s noteworthy that big-budget films, like Sooryavanshi (Akshay Kumar), ’83 (Ranveer Singh), Master (Vijay) and Radhe: Most Wanted Bhai (Salman Khan), are not the ones getting an OTT release. Films like Shakuntala Devi, also acquired by Amazon Prime, made on a budget of less than Rs 50 crore were expected to hit the double figure mark in their theatrical run. An online release offers producers of small-to medium-scale films a chance to mitigate losses, recover investments. These would have otherwise “suffer[ed] from sub-optimal showcasing because of a backlog of releases” said the Producer’s Guild of India in a statement. “Interest costs are mounting on amounts raised to fund films, with producers having to bear this additional burden with no date in sight for cinemas to re-open,” it said. Low occupancies after re-opening and restricted overseas market has only compounded the woes of producers.

Some filmmakers, like Pushpendra Nath Mishra, have welcomed OTT releases. His debut film, Ghoomketu struggled to get a run in theatres. Starring Nawazuddin Siddiqui and Anurag Kashyap, it released on Zee5 on May 22 (the platform has already released two other films, Bamfaad and Ateet, during the lockdown). “A filmmaker makes a film to tell the story and not just for the big screen, unless it is a Marvel superhero film or a cinematic spectacle,” says Mishra, glad that his independent film is finally getting an audience who can watch it whenever they like, unlike in theatres where it would get fewer screens and odd show times.

Some though are sticking by theatres. This includes Rohit Shetty, Kabir Khan and British filmmaker Christopher Nolan, whose upcoming film, Tenet, budgeted at $200 million, is going ahead with its original theatrical release date of July 17. In an editorial for a US daily, Nolan focused on those who work in cinemas, ticket sellers, bathroom attendants, those at the food counters, and are equally a part of show business. “When this crisis passes the need for collective human engagement, the need to live and love and laugh and cry together, will be more powerful than ever,” he wrote. Theatre owners in India are hoping this need will draw people to theatres even if it is with a mask on.

India Today |

Now streaming everywhere

The coronavirus pandemic has resulted in a new entertainment vocabulary. There are InstaLive and Facebook Live concerts, Zoom classes and webinars. But when there is a need to escape the dreariness of COVID-19 permeating every section of our lives, it is films and shows that people turn to. With cinemas shut and television channels surviving on repeat programming, it’s OTT (over-the-top) platforms which are thriving by releasing new shows. Plus, unlike TV, streaming platforms are more accessible and offer a wide array of programming.

It has been business as usual during lockdown for OTT platforms. Amazon Prime released Panchayat, season two of its popular show, Four More Shots Please! and Paatal Lok, 2020’s most critically-acclaimed show. Netflix had two films, Maska and Mrs Serial Killer, and two series, the dark comedy Hasmukh and zombie horror Betaal. Hotstar, which upped its content library and became Disney+ Hotstar in April, released its original series Hundred. ALTBalaji and Zee5 jointly presented three titles, including XXX: Uncensored, while MX Player was the most prolific, releasing seven shows. The juggernaut of web series is not coming to a halt anytime soon. Up next for Netflix is period drama Bulbul, a series presented by actor Anushka Sharma and her brother Karnesh, and Anurag Kashyap’s Choked on June

While most businesses have struggled to stay afloat in the lockdown, MX Player, an AVOD (advertising video on demand) platform and the top entertainment app of 2019 as per the FICCI-EY Media & Entertainment report of 2019, saw a few silver linings. The app, which offers over 150,000 hours of content across 10 languages for free, has seen a 130 per cent rise in engagement. Karan Bedi, CEO of MX Player, doesn’t attribute traffic to originals alone. “We have a huge amount of content that had not been discovered till now,” says Bedi. This includes Hindi dubbed Korean and Turkish dramas. While MX Player’s ad revenues did dip, it managed to get 11 new companies, including Amul, Airtel, TikTok and even Amazon Prime, to advertise in the past month. Meanwhile, ALTBalaji, an SVOD (subscription video on demand) service, saw a 60 per cent surge in digital subscriptions post lockdown, and Hungama Play a 20 per cent rise in streaming since the beginning of March.

OTT platforms, though, have been on an upward trajectory since long before the pandemic. Multiple players together created an estimated 1,600 hours of content in 2019 and subscription revenues grew 111 per cent in a year, as per the FICCI-EY report. Sports, primarily cricket, was the programming of choice, followed by replays of TV shows. But with Disney+ Hotstar’s prized asset, the Indian Premier League, suspended and all other tournaments postponed or cancelled, it is original programming that is flourishing. Indians who were already consuming around 8.4 hours of online video per week, a figure higher than the global average of 6.8 hours, as per Limelight Network’s August 2019 study, ‘State of Online Video 2019’, now have more free time. The country’s 723 million internet subscribers need entertainment. Bedi is prepared to appease this audience with his huge library and a bank of six shows, to be released in the coming two months. “Ad revenue will return and I think a disproportionate share of it will go to digital, and within that to OTT,” he says. “Over the next three to six months, OTT will continue to be a high growth business.”

Down but Not Out

Aparna Purohit, head of India Originals at Amazon Prime Video, says “To say that it has not impacted us would be incorrect.” All OTT providers have had to stop their shows, some on floor and others in post-production. “Sets were being constructed and people were out on recces [scouting outdoor locations].” Prime also has a stock of shows, which, in their case, includes international series. Its Indian line-up has new seasons of Breathe and Mirzapur, plus Bandish Bandits and the OTT debut of Tiger Zinda Hai filmmaker Ali Abbas Zafar with a political series set in the capital.

Nearly two months of no production will inevitably delay the release of some OTT shows, but the impact won’t be as drastic as on the film industry. Neeraj Roy, Founder and CEO, Hungama Digital Media, says “a change in timeline should not affect OTT platforms from greenlighting new projects”.

Nachiket Pantvaidya, CEO of ALTBalaji, believes that the service is still on track to achieve its target of launching at least 25 shows in a year. “Once things get back to normal, we will pick up the pace to compensate for this period,” he says. AltBalaji has seen viewers spend more time on its site/ app, but it has come with a deterrent. “Our primary objective is to not let our operations be compromised, so we are also urging our viewers to shift from HD to SD quality to reduce the stress on the telecom network infrastructure,” adds Pantvaidya.

While Stocks LastSameer Nair of content studio Applause Entertainment which has created shows for Amazon Prime, MX Player and Hotstar, says due to the lockdown OTT players have a “huge captive audience” at their disposal. “They say it takes 21 days to form a habit. So, with almost two months of lockdown behind us, more than just a habit would be formed.” But Nair also realises that OTT’s glory days won’t last forever. After all, platforms don’t have an unending supply of fresh content. With shootings on halt, OTTs may also have to fall back on existing content, like television is doing now. “It will equalise in the long run,” he says.

OTT creators are aware there will be new guidelines on set decorum which will mark a seismic shift in how shows are made. “It would be unwise to think that life is going to be totally normal,” says Bedi. Nair, whose two Disney+ Hotstar shows, Criminal Justice and City of Dreams, stopped production midway, is hopeful. “Filmmaking as an art form cannot just be functional,” says Nair. “It is an expression. Creative people are inventive and they come up with stories, ideas and ways to do these things. Art will always find a way and that will happen in the post-Covid world as well.”

The Hindu |

Lockdown has forced Indian cinema to script a new sequel to filmmaking

Karan Johar wants to go back to work. Back to the studios, to his creative collaborators, back to making movies: “It’s oxygen for our souls. [But] right now I feel like I am breathless.” Johar would have started shooting his new multi-starrer historical, Takht, in April had the COVID-19 pandemic and lockdown not played villain and made him stop mid-set construction. “It’s [Takht] a massive film and I am definitely going to make it,” he says. What he doesn’t know is when.

Under normal circumstances, filmmaker-producer Zoya Akhtar and her team would have been in full prep mode for the second season of Made In Heaven. And a new series that she is producing with Reema Kagti, with Sonakshi Sinha in the lead, would have been wrapped up with shooting completed in Rajasthan in May. But her team had to pack up a quarter of the way into shooting. When they will get back is anyone’s guess, so Akhtar’s been using this time to catch up on life’s little things, to read and write and “recharge the batteries and replenish” before moving on to the new era of Indian Cinema 2.0.

As with so many other sectors, the lockdown has dealt a crippling blow to the Indian film industry. According to Shailesh Kapoor, founder and CEO of Ormax Media, a Mumbai-based media consulting firm, the gross losses from all-India box-office revenues alone are estimated to be around ₹2,500 crore in the last 2.5 months, of which the Hindi film industry accounts for 45-50%. Losses can mount to about ₹5,000 crore gross, if theatres remain shut for the next two-three months.

Then there are cancelled shoots, dismantled sets, films stuck in the middle of production, professionals without jobs, daily wage workers trying to make ends meet, tentpole films left without theatres and audiences, and many middling to big films ready for release and trying to find homes on OTT platforms.

Considered non-essential

So what does life ahead look like for the industry when the lockdown lifts? How will cinema be consumed in the future? Will streaming take over theatres?

For the moment, everyone is busy framing guidelines for the expected comeback. An ‘Enhanced Safety and Precautions Plan’, drafted by the Multiplex Association of India, under the aegis of FICCI, was submitted to the Ministry of Information and Broadcasting last week. The Producers Guild of India has released its guidelines too. The hectic lobbying with the ministry happens for a reason. The situation is trickier for cinema than any other industry. Although films and shows might be keeping people entertained at home, and stars are harnessed for messaging or charity drives, in the economic pecking order, the industry, despite being celebrated as a soft-power, is low in priority when it comes to ‘revival’ packages. Arts, literature, culture and entertainment are invariably bracketed as non-essentials. “There is this thinking that ‘yeh to ameer log hain, inka kya hai,’ (these are rich people, they needn’t worry),” says filmmaker Sudhir Mishra, who was in the middle of post-production work for his Netflix show based on Manu Joseph’s book Serious Men when the lockdown was announced. Ajit Andhare, COO, Viacom18 Studios, agrees: “We are the backbenchers, perhaps rightly so, because right now we are dealing with a nation that’s struggling to feed its citizens.”

Ironically, the debate on the future has started at the last mile — with the focus on how cinema will be consumed. Movies releasing on streaming platforms have caused exhibitors and theatre owners much heartburn. “The battle is unnecessary. It’s not a ‘versus’ situation,” says Johar. “Producers can’t afford to hold back completed films, and if they don’t get oxygen, they will die and there won’t be enough content even for cinema halls.”

Sanitised sets

Clearly, what the industry needs now is not just new ways of seeing, but new ways of thinking — how content is imagined and created has to see a substantial shift. Rationalisation — in budgets, workforce, equipment — is bound to happen. Containment and sanitisation costs for production houses, studios, makeup rooms, vans and theatres will go up exponentially. The 12-hour shifts might be reduced to eight hours. “The entire system will be upended,” says Bhaskar Hazarika, writer-director of critically acclaimed films like Aamis and Kothanodi. It was evident in Akshay Kumar’s recent shoot for a public service film directed by R. Balki at Kamalistan Studio. The limited crew looked like astronauts, and temperature checks, distancing and hygiene norms were strictly followed.

“Unlike manufacturing, shooting is not a controlled and organised sector,” explains Andhare. “To try and mount protocols on what is fundamentally a creative process will pose challenges.” The first to change, thus, will probably be smaller ventures and TV units, where there’s less at stake. The last to make over will be the big projects with huge scales and stars. Not just because they need more human, financial and technical investment but also because they are the ones who can afford to wait it out.

With travel and hotels badly hit, a big question mark hangs over settings and locales as well. Will a story set in Uttarakhand mutate into one with Kolhapur or Goa as backdrop? How will such changes reflect in the characterisation, cultural context, and dialogues?

Meanwhile, films are being shot at home. Nandita Das made Listen To Her, a short on domestic abuse, at home, using audio bytes, with herself and her son in key roles. And Prasoon Pandey’s Family, on social distancing and COVID-19, was also shot in the actors’ homes.

Another trend is emerging — that of making movies entirely with local talent. Hazarika is stuck in Assam where he had gone to oversee Assam’s first iPhone film, a road trip comedy. What would have been his first Hindi film as director-writer has been pushed back, but some unanticipated projects are emerging. “I am likely to stay on in Assam for the foreseeable future,” he says, where he figures he can shoot at least two Hindi web series with local crew and actors. “We have enough technicians here to mount a Bollywood-level film,” he says. “The opportunity is there; it’s about who gets to exploit it and how... It’s not about being reactive but looking five years ahead and making a move now.”

The worst hit are the people involved in production work, but does that mean writers, editors and those in post-production jobs and music composition are working in splendid isolation? Alas, no. Editor Namrata Rao is grappling with “editing in a vacuum.” She misses the luxury of sharing first cuts with others or taking the director’s inputs. “The eyes [that look at a film’s rushes] are mine only. There is no one to soundboard; no counsel... The fun of collaboration is gone,” she says.

Unprecedented creative blocks and anxieties are affecting all. “Anyone in content creation will tell you writers are having a tough time,” says Johar. The ambiguity, he believes, is the worst dampener for the creative community. “Angst and inner peace can both give you enough material to write. But how do you create while in limbo?”

Wait and watch

Actor-director Konkona Sen Sharma prefers to wait and engage with the new reality as it emerges. She anticipates an interesting time, with creativity and innovation coming to the fore. Filmmaker Anjali Menon is busy completing her new script, but isn’t sure what comes next. Like Sharma, she wants to see where things are headed. “It’s a time of great change and we have to be sensitive to it,” she says.

Johar grapples with other questions: for instance, will masks, gloves, shields, PPEs become part of the costumes of contemporary films? “If it’s not incorporated in a 2020 film, it would run the risk of being disconnected,” he says. Not just props, the economic, social, political, medical, and emotional impact of the lockdown is bound to reflect in the stories we tell. Says Johar: “We are all combating a massive world war. We can’t go back to normal films and pretend that all we went through didn’t happen. Cinema has always been a grand reflection of its times and these are our times.” Akhtar agrees: “Be it disastrous or cathartic, it has been a massive, globally resonating experience that is going to find a way into all kinds of narratives.”

Earlier this month, Gautham Menon released a 12-minute short, Karthik Dial Seytha Yenn, on YouTube, and he set it in the lockdown. A continuation of his 2010 superhit love story, Vinnaithandi Varuvaya, it has Trisha and Simbu as leads and was shot in their homes by their families. Its music and post-production work was also done remotely. It has had more than six million views on YouTube so far.

Filmmaker Vetrimaaran says it best: “There are boys who walked from Mumbai to Tiruchi during the first few days of the lockdown. Are we going to tell their stories? Or ignore them? Are we going to question the system for not planning this properly? Or forget this happened and move on? Are we going to question the people who are making it region-specific, religion-specific, caste-specific? These are serious questions we need to ask ourselves.”

He then adds, “But whatever the situation might be, the hardships we may have to go through, art should happen... Art is the conscience of man.”

Best Media Info |

How multiplexes can tackle safety concerns after reopening

As restrictions on the Covid-19 lockdown are being lifted slowly, people are concerned about the safety of public spaces. Like most experiential businesses, media and entertainment were affected the most. Theatres were shut and the releases of various big projects were stalled. The curbs on content production also hit the industry.

Various industry bodies reached out to the government to address their concerns. The industry is also treading cautiously by releasing a few movies on OTT platforms to balance the investments. In this scenario, it is important to know how theatres will address the audience's concerns. Alok Tandon, CEO, Inox Leisure, said Inox has undertaken various measures to ensure sanitation and safety of viewers. Tandon was speaking at a webinar held by UFO Moviez and FICCI to discuss the new normal for the movie industry.

"Our first objective is to bring trust among audiences. We divided the entire thing into three buckets. Pre-resumption, post-resumption and the audience visit. We will address how people don't crowd at the cinemas and stand in line at least two to five feet apart," he said.

He said they will rearrange the traditional theatre seatings to address social distancing. "We will allocate seats and divide audience groups that come together and ensure there is a seat between them that will divide them from another group," he added.

Tandon said their focus will be scheduling shows in a way to avoid crowding. "We have made various schedules for shows; things like the interval, entry and exit can't simultaneously happen for two movies at once," he said.

Audiences will be encouraged to practise paperless transactions at food and ticket counters. Tandon said temperature checks for audiences, staff and other visitors at theatres will be made mandatory.

Safety kits and gloves would be available at stalls. Food supplies and drinks would be served in single-use disposal bags, to avoid the reuse of cutlery and crockery, Tandon explained.

The webinar's panel included important personalities from the industry. Kamal Gianchandani, CEO, PVR Pictures, explained how the dynamics of the weekend collection will change for the industry. According to Gianchandani, movies will run longer in theatres. "Everyone knows our occupancy is the highest on weekends but now in the next 5-6 months, we will have the ability to space out films at auditoriums and give more shows to films," he said.

"We don't have a backlog of 15 films that will need to be accommodated. Films that will release at that time can be spread across auditoriums and times. Films will run longer in theatres because people will also select distancing and prefer to come on weekdays over weekends," he added.

Kapil Agarwal, JMD, UFO Moviez, also explained how the phenomenon of the weekend collection will change as people continue to work from home. "Earlier, the entire pressure used to be on the weekends but now I can watch a Wednesday morning show because I am working from home,” he said.

While the Indian film industry awaits a response from the government, a few Hollywood studios have already announced their major releases after theatres reopen for the US market. Warner Brothers and Disney have announced the release of their respective films Tenet and Mulan in July. According to Gianchandani, the release of these films will allow the distributors and producers to read the demand and study the box office better for the post-Covid period.

Screen Daily |

India announces post-lockdown guidelines for production and cinemas

The Producers Guild of India (PGI) has published a set of guidelines to be used by shoots when production resumes after the Covid-19 coronavirus has declined in India.

The “Back To Action - Cut To: Staying Safe” document outlines new rules such as hand-washing and use of hand sanitisers, triple-layer medical masks and gloves, and avoiding handshakes, hugs and sharing cigarettes. In addition, two metre social distancing measures must be maintained throughout the shoot.

The document also outlines detailed guidelines on sanitisaion of sets and locations, including the use of swab tests and ionisers to help destroy bacteria, and the requirement that one or two crew members be assigned as ”Anti-Covid Boys” to ensure all the rules are being followed. Working from home is also encouraged wherever possible, and crew members over the age of 60 or with health issues, must also work at home.

Separate guidelines are also set out for catering services and individual departments such as the art, sound, hair and make-up and wardrobe departments, along with post-production processes. See the full document here.

India’s various states started shutting down production and cinemas in mid-March and the entire country was ordered by Prime Minister Narendra Modi on March 24 into a lockdown, which is currently scheduled to end on May 31. The country has so far reported 145,000 cases of Covid-19 infection and 4,172 deaths.

Meanwhile, India’s Multiplex Association and FICCI (Federation of Indian Chambers of Commerce & Industry) have also issued guidelines for social distancing and sanitisation measures to be used by cinemas when they’re allowed to reopen.

The guidelines also include measures for online ticketing and consumption of food and beverage. Films screening in cinemas in India, even Hollywood films, are played with a short break in the middle during which cinema-goers usually visit the concession stand.

Live Mint |

Multiplexes ready measures to open post coronavirus

Multiplex chains across the country, during the coronavirus lockdown, have been putting together safety measures that will help them regain the trust of people, as soon as cinemas reopen.

Multiplexes will take adequate time to sanitize and disinfect auditoriums between shows in the beginning, which would lead to fewer shows per day and fewer films that can be screened at a property.

“We were looking at about five shows per screen in a typical three-screen property before the pandemic given that most films run over two hours and need time for interval and advertisements. We are looking at reducing at least one show per screen everyday," said Mohan Umrotkar, chief executive officer, Carnival Cinemas adding that this would mean losing around 20% of the business opportunity. In a city like Mumbai where malls and multiplexes are allowed to remain open 24/7, there still may be chance of recovery but in most other cities and small towns, the same isn’t possible. However, safety of audiences comes first.

“It may not really matter in the first few months because the bigger movies will not arrive in a bunch, they will wait to gauge the response of audiences. Plus, this is a temporary phenomenon," Umrotkar said. Carnival is also looking at timing shows in such a way that entry, exit and interval points of two shows do not clash and audiences of more than one auditorium do not gather in the lobby or washrooms together.

Chains like Carnival, PVR and INOX are also planning to reduce seating capacity in standard auditoriums by around 30%. According to a notification sent out by the Multiplex Association of India (MAI) along with FICCI, global cinema standards dictate that while families and couples can sit together, one adjacent seat on both their sides would be left empty to account for social distancing. This will not hold true for luxury auditoriums like PVR Director’s Cut or INOX Insignia where there is already adequate space between two seats.

“Lesser shows being operated and lesser seats being assigned may appear like a loss of revenue, but we will not be looking at revenues when we resume operations. The unutilized seats will be like our investment we will be making towards winning the faith and confidence of our patrons," said Alok Tandon, chief executive officer, INOX Leisure Ltd.

Further, MAI mandates require body checks with infrared scanners, masks and PPE kits made available for purchase, hand sanitizers to be placed at all strategic locations, encouraging contactless ticketing and online ordering of food and beverage with single-use disposable packaging for the same. Single –use 3D glasses will be used while premium IMAX 3D glasses will be disinfected after use. Only medically certified and fit staff will be allowed to come to work with the Aarogya Setu app mandatory for all of them besides wearing masks and gloves.

Earlier this week, PVR chairman and managing director Ajay Bijli said they expect cinemas to reopen by mid-July though there is no official central or state government mandate on the same. Movie theatres across India have been shut since the middle of March and for the first time in the history of their operations in the country, have reported zero revenues.

Despite these many measures, some players are still cautious.

“We’re expecting to start slow. Even if we roll business out, people will not come at least initially so we don’t expect to see any profits," said Rakesh Gowthaman, managing director of Vettri Theatres in Chennai referring to the fear and paranoia of large crowds among people.

News R |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India's largest & leading law firm are delighted to release its joint report 'Entertainment Law Book 2020'. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, "It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility."

Mr. Dilip Chenoy, Secretary General, FICCI said, "The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report."

Mr. Bharat Vasani, Partner (Head - Media & Entertainment) said, "I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution."

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India's key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with "Law Firm of the Year" & "India Deal Firm of the Year" at ALB India Law Awards 2020, "India - Firm of the Year" at the AsiaLaw Regional Awards 2019 and "India Deal Firm of the Year" at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the "Most Innovative National Law Firm of the Year - India for 2018" at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted "National Law Firm of the Year, 2018 for India" at the Chambers Asia-Pacific Awards. The firm was also voted as the "Employer of Choice for 2020" from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India's business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

One News Page |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India's largest & leading law firm are delighted to release its joint report 'Entertainment Law Book 2020'. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, "It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility."

Mr. Dilip Chenoy, Secretary General, FICCI said, "The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report."

Mr. Bharat Vasani, Partner (Head - Media & Entertainment) said, "I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution."

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India's key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with "Law Firm of the Year" & "India Deal Firm of the Year" at ALB India Law Awards 2020, "India - Firm of the Year" at the AsiaLaw Regional Awards 2019 and "India Deal Firm of the Year" at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the "Most Innovative National Law Firm of the Year - India for 2018" at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted "National Law Firm of the Year, 2018 for India" at the Chambers Asia-Pacific Awards. The firm was also voted as the "Employer of Choice for 2020" from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India's business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

The New York Times |

How the pandemic hit bollywood

“Bollywood” conjures images of ubiquitous stars, but every movie produced in Mumbai is made possible by an army of men and women toiling in the shadows: the extras, the carpenters and caterers, the tailors bent over sewing machines creating glittering costumes, the men putting up movie billboards, the men sitting in the ticket window at the local theater.

India has been under a strict lockdown since March 25 to fight the coronavirus outbreak. The complex machinery of Bollywood has come to a halt, affecting about a million people — according to the Producers Guild of India — who are directly or indirectly employed by the movie industry. Many are without work and wages. The worst hit are about 35,000 daily wage workers.

A March report by the Federation of Indian Chambers of Commerce and Industry and Ernst & Young estimates that 1,833 movies were released in India in 2019. India makes movies in as many as 28 languages. More than 200 of them are produced by the Hindi film industry in Mumbai, which is popularly known as Bollywood.

Movie studios, production offices, editing and sound suites, and stars’ homes are mostly in north Mumbai. The more palatial homes are traffic landmarks. Ask someone for directions and you could easily hear the reply, “Take a U-turn at Shah Rukh Khan’s house.” Every Sunday for years, crowds have gathered in front of the actor Amitabh Bachchan’s house for a sighting. The 77-year-old actor, surrounded by security guards, dutifully steps out and waves to his admirers. The coronavirus outbreak has put an end to the ritual.

The film industry effectively shut down in mid-March when the producers’ guild decided to stop filming and most of the movie theaters across India were closed. Bollywood has a calendar tightly packed with release dates for new movies. As the pandemic closed down the theaters, some of the year’s biggest films, scheduled to open in March and April, have been indefinitely postponed. It is impossible to predict when theaters will open, and even when they do, when audiences will feel safe enough to venture in again.

Bollywood has long been accused of peddling escapist, overblown fantasies and having little connection to reality, but when the pandemic hit Mumbai, the movie industry came together to protect its most vulnerable. Several movie trade associations have been raising funds and providing financial assistance.

Some of the wealthiest actors donated to coronavirus relief funds run by the Indian government. The actor Salman Khan made direct transfers to bank accounts of the workers in the film industry. On May 3, Bollywood’s leading actors, musicians and singers recorded performances and messages from their homes for a digital concert and raised over $6.8 million to fight the virus.

The pandemic also brought into focus the curiously cordial relationship between the movie industry and the Bollywood paparazzi. The Mumbai paparazzi are less feral than their London and Los Angeles counterparts. Yet they doggedly cover every entertainment event, from movie trailer releases to parties to premieres.

They feed the insatiable demand for the stars by taking photos of them outside gyms, bars, restaurants and especially the Mumbai airport. Stylists responded by designing “airport looks” for their celebrity clients. The paparazzi play a vital role in creating the chimera of relevancy and buzz around actors and films.

After the coronavirus outbreak, the Bollywood paparazzi, who make about $15 to $20 after a long day, had little work. The filmmaker and producer Rohit Shetty and the actor Hrithik Roshan donated money to support them.

Bollywood’s complex publicity machinery is dormant. The actors, models, filmmakers and fashion designers who relentlessly fill India’s media and mind space are stuck at home and trying to stay alive in public memory through Instagram livestreams, Zoom interviews and curated glimpses of their quarantined lives on social media. Every third celebrity has turned into a chef and a poet.

All of this provides momentary distraction from the mounting dread and anxiety about the extent of damage the coronavirus outbreak will inflict on Bollywood. India has a mere 9,527 movie screens, and a majority — 6,327 screens — are in single-screen theaters. Some of them will close permanently in the post-pandemic world. Given the uncertainty surrounding the pandemic, no one is willing to predict the exact amount of loss, but experts estimate that Bollywood will lose between $1 billion and $1.3 billion.

I called Karan Johar, arguably Bollywood’s most successful filmmaker and producer, who currently has three films in postproduction. Mr. Johar’s “Takht,” an ambitious, historical movie set in the Mughal era, was scheduled to start filming in Italy in April. “All creators are optimists,” Mr. Johar said. “You have to believe that it will all work out. But right now, we also have to be realists. I have told everyone in my company: Please don’t think of growth, think of survival.”

The movie industry that emerges after the pandemic will be necessarily altered. Perhaps the movies will as well. Until there is a vaccine, how can anyone film a spectacular song sequence with 200 dancers in the background? Our stories and the way we tell them will change.

In India, movies define Mumbai and politics define Delhi, the capital. In a horrifically overcrowded city, where over 41 percent of the population lives in slums, Bollywood provides a unique, fairy tale sparkle.

I have never understood how they arrived at this number, but industry old-timers will tell you that every day, 200 aspirants come to Mumbai hoping to break into show business. That is why the city is also called Mayanagri, or the City of illusions. I have long maintained that Hindi cinema is a necessary comfort and a collective expression of hope. Even as Bollywood scrambles to survive, we have to believe that a happy ending is a possibility.

Bollywood Galiyara |

FICCI and Cyril Amarchand Mangaldas release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought-provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however, due to the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On the release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honor and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr. Dilip Chenoy, Secretary General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.”

Mr. Bharat Vasani, Partner (Head – Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was a great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of the digital revolution.”

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India’s key business centers at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups, and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with “Law Firm of the Year” & “India Deal Firm of the Year” at ALB India Law Awards 2020, “India – Firm of the Year” at the AsiaLaw Regional Awards 2019 and “India Deal Firm of the Year” at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the “Most Innovative National Law Firm of the Year – India for 2018” at the IFLR Asia Awards, has also been successful in winning the prestigious & coveted “National Law Firm of the Year, 2018 for India” at the Chambers Asia-Pacific Awards. The firm was also voted as the “Employer of Choice for 2020” from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organization in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organization, FICCI is the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policymakers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

Technology for You |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought-provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however, due the given COVID-19 situation, the conference was called off this year.

On the release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honor and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Dilip Chenoy, Secretary General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.”

Bharat Vasani, Partner (Head – Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was a great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of the digital revolution.”

India Education Diary |

FICCI - Cyril Amarchand Mangaldas releases FICCI Frames 'Entertainment Law Book 2020' Report

Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas, today released “Entertainment Law Book 2020” report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was scheduled for launch at FICCI Frames 2020, however due the given COVID -19 situation, the conference has been postponed to a later date this year.

Mr Dilip Chenoy, Secretary General, FICCI said, “The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report.”

Mr Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr Bharat Vasani, Partner (Head – Media & Entertainment), Cyril Amarchand Mangaldas said, ; am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

Goa Chronicle |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr. Dilip Chenoy, Secretary-General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.”

Mr. Bharat Vasani, Partner (Head – Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India’s key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with “Law Firm of the Year” & “India Deal Firm of the Year” at ALB India Law Awards 2020, “India – Firm of the Year” at the AsiaLaw Regional Awards 2019 and “India Deal Firm of the Year” at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the “Most Innovative National Law Firm of the Year – India for 2018” at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted “National Law Firm of the Year, 2018 for India” at the Chambers Asia-Pacific Awards. The firm was also voted as the “Employer of Choice for 2020” from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

New Kerala |

FICCI and Cyril Amarchand Mangaldas release FICCI Frames report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest and largest apex business organization in India and Cyril Amarchand Mangaldas, India's largest and leading law firm are delighted to release its joint report 'Entertainment Law Book 2020'.

This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the media and entertainment space.

It also includes several thought provoking articles on diverse topics, dealing with the issues in the media and entertainment sector.

The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

"It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the media and entertainment sector. I would like to thank FICCI and members of its media and entertainment committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility," said Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas.

"The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the media and entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the media and entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media and Entertainment Committee for presenting the 2020 edition of this Report," said Dilip Chenoy, Secretary General, FICCI.

"I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution," said Bharat Vasani, Partner (Head - Media and Entertainment).

Devdiscourse |

FICCI and Cyril Amarchand Mangaldas release FICCI Frames report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India's largest & leading law firm are delighted to release its joint report 'Entertainment Law Book 2020'. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the media & entertainment space.

It also includes several thought provoking articles on diverse topics, dealing with the issues in the media & entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

"It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the media & entertainment sector. I would like to thank FICCI and members of its media & entertainment committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility," said Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas. "The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the media & entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the media & entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report," said Dilip Chenoy, Secretary General, FICCI.

"I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution," said Bharat Vasani, Partner (Head - Media & Entertainment). This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

bolly |

FICCI - Cyril Amarchand Mangaldas releases FICCI Frames 'Entertainment Law Book 2020'

Though the eagerly looked forward to nnual ecvent by FICCI was shelved in Mumbai this year because of the advent of the corona virus epidemic, the Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas, has today released ‘Entertainment Law Book 2020’ report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was scheduled for launch at FICCI Frames 2020, however due the given COVID -19 situation, the conference has been postponed to a later date this year.

Dilip Chenoy, Secretary General, FICCI said, “The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report.”

Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Bharat Vasani, Partner (Head – Media & Entertainment), Cyril Amarchand Mangaldas said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

MXM India |

Cyril Mangaldas releases FICCI 'Entertainment Law Book'

The Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas released the ‘Entertainment Law Book 2020’ report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media and Entertainment sector. The report was scheduled for launch at FICCI Frames 2020, however given the Covid-19 situation, the conference has been postponed to a later date this year.

Said Dilip Chenoy, Secretary General, FICCI: “The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report.”

Said Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas: “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Apeksha News |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought-provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however, due to the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On the release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honor and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr. Dilip Chenoy, Secretary General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.”

Mr. Bharat Vasani, Partner (Head - Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was a great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of the digital revolution.”

Hi India |

FICCI And Cyril Amarchand Mangaldas Release FICCI Frames Report On 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’.

This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the media & entertainment space.

It also includes several thought provoking articles on diverse topics, dealing with the issues in the media & entertainment sector.

The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

“It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the media & entertainment sector. I would like to thank FICCI and members of its media & entertainment committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility,” said Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas.

“The report touches upon some vital aspects that are playing an influential role in
charting the way for the future of the media & entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the media & entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report,” said Dilip Chenoy, Secretary General, FICCI.

“I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution,” said Bharat Vasani, Partner (Head – Media & Entertainment).

The Truth One |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020‘. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr. Dilip Chenoy, Secretary-General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.”

Mr. Bharat Vasani, Partner (Head – Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India’s key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with “Law Firm of the Year” & “India Deal Firm of the Year” at ALB India Law Awards 2020, “India – Firm of the Year” at the AsiaLaw Regional Awards 2019 and “India Deal Firm of the Year” at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the “Most Innovative National Law Firm of the Year – India for 2018” at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted “National Law Firm of the Year, 2018 for India” at the Chambers Asia-Pacific Awards. The firm was also voted as the “Employer of Choice for 2020” from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

One News Page |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India's largest & leading law firm are delighted to release its joint report 'Entertainment Law Book 2020'. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, "It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility."

Mr. Dilip Chenoy, Secretary General, FICCI said, "The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report."

Mr. Bharat Vasani, Partner (Head - Media & Entertainment) said, "I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution."

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India's key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with "Law Firm of the Year" & "India Deal Firm of the Year" at ALB India Law Awards 2020, "India - Firm of the Year" at the AsiaLaw Regional Awards 2019 and "India Deal Firm of the Year" at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the "Most Innovative National Law Firm of the Year - India for 2018" at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted "National Law Firm of the Year, 2018 for India" at the Chambers Asia-Pacific Awards. The firm was also voted as the "Employer of Choice for 2020" from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the pst.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India's business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

Outlook |

FICCI and Cyril Amarchand Mangaldas release FICCI Frames report on "Entertainment Law Book 2020"

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here. On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.” Mr. Dilip Chenoy, Secretary General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.” Mr. Bharat Vasani, Partner (Head - Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.” About Cyril Amarchand Mangaldas Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India’s key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies. The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with “Law Firm of the Year” & “India Deal Firm of the Year” at ALB India Law Awards 2020, “India - Firm of the Year” at the AsiaLaw Regional Awards 2019 and “India Deal Firm of the Year” at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the “Most Innovative National Law Firm of the Year - India for 2018” at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted “National Law Firm of the Year, 2018 for India” at the Chambers Asia-Pacific Awards. The firm was also voted as the “Employer of Choice for 2020” from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past. About FICCI Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

The Week |

FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

On release of the report, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr. Dilip Chenoy, Secretary-General, FICCI said, “The Report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report.”

Mr. Bharat Vasani, Partner (Head - Media & Entertainment) said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas takes forward the values going back 103 years, of the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co., whose pre-eminence, experience and reputation of almost a century has been unparalleled in the Indian legal fraternity. Tracing its professional lineage to 1917, the Firm of Cyril Amarchand Mangaldas is now the largest full-service law firm in India, with over 750 lawyers including over 130 partners, and offices in India’s key business centres at Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Ahmedabad. The Firm advises a large, and varied client base that includes domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups and governmental and regulatory bodies.

The firm, Cyril Amarchand Mangaldas, was awarded recently awarded with “Law Firm of the Year” & “India Deal Firm of the Year” at ALB India Law Awards 2020, “India - Firm of the Year” at the AsiaLaw Regional Awards 2019 and “India Deal Firm of the Year” at the In-House Community Counsels of the Year Awards 2019. The firm was also named as the “Most Innovative National Law Firm of the Year - India for 2018” at the IFLR Asia Awards, having also been successful in winning the prestigious & coveted “National Law Firm of the Year, 2018 for India” at the Chambers Asia-Pacific Awards. The firm was also voted as the “Employer of Choice for 2020” from India, by the Asian Legal Business, building upon the several awards that the erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. had won in the past.

About FICCI

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. A non-government, not-for-profit organisation, FICCI is the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

Yahoo News |

FICCI and Cyril Amarchand Mangaldas release FICCI Frames report on 'Entertainment Law Book 2020'

The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India's largest & leading law firm are delighted to release its joint report 'Entertainment Law Book 2020'.

This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the media & entertainment space.

It also includes several thought provoking articles on diverse topics, dealing with the issues in the media & entertainment sector.

The report was originally scheduled to launch at the FICCI Frames 2020, however due the given COVID-19 situation the conference was called off this year. A copy of the report is attached here.

"It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the media & entertainment sector. I would like to thank FICCI and members of its media & entertainment committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility," said Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas.

"The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the media & entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the media & entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for presenting the 2020 edition of this Report," said Dilip Chenoy, Secretary-General, FICCI.

"I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution," said Bharat Vasani, Partner (Head - Media & Entertainment).

Daily Hunt |

FICCI - Cyril Amarchand Mangaldas releases FICCI Frames 'Entertainment Law Book 2020' Report

Though the eagerly looked forward to nnual ecvent by FICCI was shelved in Mumbai this year because of the advent of the corona virus epidemic, the Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas, has today released 'Entertainment Law Book 2020' report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was scheduled for launch at FICCI Frames 2020, however due the given COVID -19 situation, the conference has been postponed to a later date this year.

Dilip Chenoy, Secretary General, FICCI said, 'The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report.'

Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, 'It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.'

Bharat Vasani, Partner (Head - Media & Entertainment), Cyril Amarchand Mangaldas said,'I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.'

The Hindu Business Line |

Free market and the reel world

Theatre owners need not fear OTT platforms and resort to protectionism. They can continue to be relevant even as tech disrupts

Covid-19 has been brutal in exposing many a fault lines across sectors. It has not spared the film industry either. When speculation started that Akshay Kumar’s next film Laxxmi Bomb could well première on an OTT platform in view of the coronavirus-led disruption, all hell broke loose.

Many film exhibitors were appalled. “You releasing your film directly on OTT will justify the medium and make theatres irrelevant,” one of them said in an open letter to the actor. Down south, the `sacrilege’ actually happened. The production house of a small-budget Tamil film Pon Magal Vandhal went ahead and signed a deal with Amazon Prime for its release bypassing a theatrical release.

Members of Tamil Nadu Theatres and Multiplex Association could not believe their eyes. They were so agitated that they went to the extent of warning actor Suriya, who owns the production house, that none of his future films will see theatrical release if he went ahead with the deal.

There is no visibility on when the lockdown will be lifted, when theatres — even if the restrictions are eased - will be allowed to function and whether people, scarred by coronavirus, will ever flock to the cinema halls like before for a while. Under the circumstances, a producer who has sunk a lot of money in a film is well within his rights to explore options to redeem his investment.

OTT platform is an obvious solution. Clearly, theatre operators went overboard in their reaction. To claim that theatres exist for films and the producers (excepting those films specifically produced for OTT platforms) have no right to bypass theatrical release is against every free market principle. This is true even when there is no lockdown and theatres are up and running. Technological disruptions will happen from time to time and history has shown that fighting it through protectionism is a sure shot recipe for disaster.

In this case the reactions were excessive. It stems more from fear of the unknown. No one really knows if OTT platforms are really a threat to cinema halls. The practice in India (also across the world) is what the industry calls ‘delayed window’ of release.

A film first has a theatrical release followed by OTT platform after about eight weeks (this window is shortening, of late) and then on television. So OTT platforms have never been tested so far with a big ticket release. And the numbers are stacked against them.

Revenue flow

According to the recent FICCI-EY report on ‘Media & Entertainment Sector’, the Indian film industry in 2019 saw a revenue of ₹19,100 crore. The total digital rights paid by OTT platforms that year was ₹1,900 crore. Similarly, 100 million people visited theatres, at least once, to watch a film in 2019 (total footfall 1.46 billion). In comparison, total OTT subscriber base in India stood at around 10 million. In spite of OTT platforms doubling their subscriber base in 2019, theatres witnessed their best ever revenues.

Multiple factors contributed to this. Box office collection typically accounts for 74 per cent of a film’s revenue (balance comes from digital, TV and music rights). This is particularly true for blockbuster movies involving top stars. A successful ₹200 crore Salman Khan or a Rajinikanth film will garner as much as ₹150 crore or more from theatrical collection alone.

OTT platforms cannot pay such large sums of money to premier blockbuster films. Their business model of constantly increasing their subscriber base works better by releasing many low/medium-budget movies to engage its audience rather than spending a lot for just one big film. Exhibitors know that a producer can never ignore them and hence they chose to threaten the producers.

They should ideally be happy that producers are releasing low/medium budget films in the OTT platforms. During most times, there is a huge backlog of films awaiting release and blockbuster films crowd out other movies causing pain to producers.

This is because India’s screen density per million population is just seven compared to China’s 36 and US/Canada’s 111. In 2019, there were only 9,527 screens across the country (down from 9,601 in 2018) and as many as 1,941 films were released (almost 37 a week). One blockbuster movie releases across 4,000-6,000 screens or even more (Baahubali-2/2.0). That leaves very little space for other films.

Offer better value

It is time theatre and multiplex players understand that OTT platforms are growing their subscriber base rapidly because they are offering value to their customers in the form of power of choice, content diversity, seamless accessibility and, above all, absolute convenience. This cannot be wished away.

Rather than arm-twisting the producers by adopting market-distorting policies, they should look at offering their customers a value proposition that compels them to visit the theatres to watch movies.

This can be done by investing in state-of-the-art projection and sound systems, larger screens, augmented/virtual reality technologies and offer the same at a value that is affordable. Once they offer such a deal, people will have nowhere to go but to a cinema hall to enjoy a film, especially blockbuster or large budget movies.

If so, a few smaller films going to the OTT platforms will not worry the exhibitors. Such films, it has been established, actually do well in Amazon Prime or Netflix by recording much higher views than footfalls in theatres. In fact, they will be happy because, it has been established that OTT platforms, by endearing people to films, eventually drive up footfalls into theatres. It is a positive correlation.

So, theatre and multiplex associations should give up their protectionist attitude and allow market forces to play. A producer should have the freedom to choose the platform to screen his film. If the theatres continue to offer a strong value proposition as they are doing today, they should be least worried. Predatory behaviour affords protection only up to a point and has, in the past, pretty much ensured that incumbents are, in the end, consigned to history in the wake of technological disruptions.

Silver Screen |

Movie Halls vs OTT release; Business compulsions pose moral dilemmas for Indian cinema's stakeholders

The Multiplex Association of India (MAI), along with the Federation of Indian Chambers of Commerce & Industry (FICCI) has put out a statement requesting the Indian film fraternity to support theatres by temporarily holding, and releasing films in cinemas once the coronavirus-induced lockdown comes to an end.

The letter talks about how theatres, have managed to bring in audiences for many decades to witness the efforts put in by investors, producers, directors, artists, studios, and crews in making films. It spoke of how the shutting down of theatres has affected all the stakeholders severely, causing hardship.

It said that the MAI was committed to working with Government institutions and various other partners to ensure the survival of cinema halls post the lockdown. It laid emphasis on the need to cooperatively revive the industry for the sake of all industry constituents and viewers.

“MAI would like to urge all studio partners, producers, artists, and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again. To this end, we urge all studios, producers, artists, and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stakeholders, not just in India, but even globally, for several decades,” read the statement.

The theatrical window is the first part of the film business model called ‘release window’ designed for the release process of a film. ‘Theatrical window’ refers to the number of days a film remains in theatres before it reaches the second part, the video window, where the film becomes available for viewing on DVD or on streaming platforms.

The MAI thanked producers and artists for the support they’ve extended in the past few weeks by not releasing their films on Over-The-Top (OTT) platforms and said that the experience of watching films on the big screen was something that had to be preserved forever.

It also added that with the amount of films stacked up, awaiting a release, and the new films that are being produced, the film business is bound to soar, leading to the rapid recovery of the industry.

Reports that big films like Ranveer Singh starrer 83, Akshay Kumar starrer Laxmmi Bomb, and Vijay‘s Master may have a direct OTT release, were recently doing the rounds. Although, the makers of the films have denied these rumours.

Small films like Jyothika starrer Ponmagal Vandhal, (which was recently mired in controversy over the makers’ decision to hit OTT platform directly), and Siddharth starrer Takkar will most likely release on digital platforms. These digital platforms have reportedly agreed to pay a large sum for small-budget films.

It is noteworthy that the Multiplex Association of India had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all multiplex operators until the lockdown ends.

Spirit of Mumbai |

FICCI - Cyril Amarchand Mangaldas releases FICCI Frames 'Entertainment Law Book 2020' Report

Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas, today released ‘Entertainment Law Book 2020’ report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was scheduled for launch at FICCI Frames 2020, however due the given COVID -19 situation, the conference has been postponed to a later date this year.

Mr Dilip Chenoy, Secretary General, FICCI said, “The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report.”

Mr Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Mr Bharat Vasani, Partner (Head – Media & Entertainment), Cyril Amarchand Mangaldas said, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

Adgully |

FICCI - Cyril Amarchand Mangaldas turn the spotlight on Entertainment Law

The Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas, today released ‘Entertainment Law Book 2020’ report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. The report was scheduled for launch at FICCI Frames 2020, however, due the given COVID -19 situation, the conference has been postponed to a later date this year.

Dilip Chenoy, Secretary General, FICCI, said, “The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report.”

Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas, said, “It is an honour and a privilege to present this report on the legal and regulatory issues impacting the Media & Entertainment sector. This report gives a bird’s eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility.”

Bharat Vasani, Partner (Head – Media & Entertainment), Cyril Amarchand Mangaldas, added here, “I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of digital revolution.”

Daily Hunt |

FICCI - Cyril Amarchand Mangaldas releases FICCI Frames 'Entertainment Law Book 2020' Report

Federation of Indian Chambers of Commerce and Industry (FICCI) and Cyril Amarchand Mangaldas, today released 'Entertainment Law Book 2020' report. The report highlights regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment, and other segments in the Media & Entertainment space. It also includes several thought-provoking articles on diverse topics, dealing with the issues in the Media & Entertainment sector. The report was scheduled for launch at FICCI Frames 2020, however, due to the given COVID -19 situation, the conference has been postponed to a later date this year.

Dilip Chenoy, Secretary General, FICCI said, "The report touches upon some vital aspects that are playing an influential role in charting the way for the future of the Media & Entertainment industry. The issues lay strong foundations of the possible framework and solutions to developing the laws that will in time, govern the Media & Entertainment industry, in our country. On behalf of FICCI, I express our appreciation to Cyril Amarchand Mangaldas and the members of the FICCI Media & Entertainment Committee for working with us on the 2020 edition of this Report."

Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, "It is an honor and a privilege to present this report on the legal and regulatory issues impacting the Media and Entertainment sector. This report gives a bird's eye view of all important and relevant developments in the past year, encompassing the entire gamut of the Media & Entertainment sector. I would like to thank FICCI and members of its Media & Entertainment Committee for choosing us as a knowledge partner for the second consecutive year and all those who have contributed their time and valuable insights in making this report a possibility."

Bharat Vasani, Partner (Head - Media & Entertainment), Cyril Amarchand Mangaldas said, "I am very delighted at the release of FICCI Frames Entertainment Law Report 2020. It was a great experience to meet the key players in this industry and get their practical insight into the future of different verticals of this industry and the impact of the digital revolution."

The News Minute |

Multiplex Assoc calls for unity, urges stakeholders to release films post lockdown

The global coronavirus pandemic has seen the cinema sector suffer massive financial losses, with thousands of screens countrywide forced to close down, and many employees, not just from the cinema industry, but even other stakeholders, facing personal hardship.

The Multiplex Association of India (MAI) has now appealed to all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again. The MAI says, “To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades.”

It adds that it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive through the pandemic.

"It is crucial that the entire industry unites in rallying against the existential threat to our collective well-being, and that we tackle the crisis unitedly for the sake of our audiences as well as our supply chains and other stakeholders,” the Association says.

It says that the collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders.

The MAI is a nationwide group of cinema operators that informs, educates and advocates on behalf of the cinema exhibition sector. It works with regulatory bodies and industry partners nationwide to raise the profile of cinema, highlight opportunities, and address various challenges faced by the cinema exhibition sector. The MAI was established in 2002 under the auspices of the Federation of Indian Chamber of Commerce and Industry (FICCI) by leading cinema operators.

“By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do,” the MAI concludes.

Financial Express |

Multiplex Association of India urges actors, directors to hold film for theatrical releases

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they’re opened again. “To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades,” MAI said in a statement.

The association claims that it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this unprecedented global pandemic. According to MAI, when the crisis ends, the combination of the “pent-up demand” and the promise of new movies would boost film business and contribute massively in reviving the industry. “The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders,” it explained.

India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak. MAI’s appeal comes after several big-budget films including Akshay Kumar starrer Laxmmi Bomb were rumoured to take direct-to-digital release amid the lockdown.

Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country. The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

Outlook |

Multiplex Association urges actors, producers to hold films for theatrical release

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they''re opened again.

India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.

There were rumours that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer "Laxmmi Bomb".

In a statement, MAI requested producers to "respect the exclusive theatrical window."

"MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.

"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.

MAI said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.

"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders."

Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.

Calling the situation "truly unprecedented and unparalleled," the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this "testing time and once again become the vibrant home of entertainment, culture and community that they always have been."

"We are also thankful to the studios, directors, producers and everyone in the Indian film industry who have shown their faith in cinema exhibition by coming out and voicing their support, over the past week.

"By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do."

The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

The Week |

Multiplex Association urges actors producers to hold films for theatrical release

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they're opened again.
India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.
There were rumours that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer "Laxmmi Bomb".
In a statement, MAI requested producers to "respect the exclusive theatrical window."

"MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.
"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.
MAI said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.
"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders."
Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.
Calling the situation "truly unprecedented and unparalleled," the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this "testing time and once again become the vibrant home of entertainment, culture and community that they always have been."
"We are also thankful to the studios, directors, producers and everyone in the Indian film industry who have shown their faith in cinema exhibition by coming out and voicing their support, over the past week.
"By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do."
The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

First Post |

Coronavirus Outbreak: Multiplex Association of India urges actors, producers to hold films for theatrical release after cinemas reopen

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they're opened again.

India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.

There were rumours that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer Laxmmi Bomb.

In a statement, MAI requested producers to "respect the exclusive theatrical window."

"MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.

"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.

MAI said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.

"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders."

Established under the aegis of Federation of Indian Chambers of Commerce & Industry (FICCI) in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.

Calling the situation "truly unprecedented and unparalleled," the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this "testing time and once again become the vibrant home of entertainment, culture and community that they always have been."

"We are also thankful to the studios, directors, producers and everyone in the Indian film industry who have shown their faith in cinema exhibition by coming out and voicing their support, over the past week.

"By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do."

The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

Sakshi Post |

Multiplex association appeals producers to wait for theatre release

As multiplexes across the country remain closed due to nationwide lockdown, the Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they are opened again.

The appeal comes amid speculations that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer "Laxmi Bomb".

MAI in a statement said, "MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.

"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.

"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders," it further read.

Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.

The association had previously appealed to landlords to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

The Fame Everything |

Multiplex association urges actors, producers to carry movies for theatrical launch

The Multiplex Association of India (MAI) has appealed to studio companions, producers, artistes and content material creators to assist the cinema exhibition sector by holding their movies and releasing them in theatres as soon as they’re opened once more. India is at the moment below the lockdown with round 1.three billion folks requested to remain residence in view of the coronavirus outbreak. There have been rumours that a number of movies are a direct-to-digital launch amid the lockdown, together with Akshay Kumar starrer “Laxmmi Bomb”.

In an announcement, MAI requested producers to “respect the exclusive theatrical window.”

“MAI want to urge all studio companions, producers, artistes and content material creators to assist the cinema exhibition sector, a significant a part of the worth chain, by holding and releasing their movies within the theatres, as soon as they open once more.

“To this finish, we urge all studios, producers, artistes and different content material creators, to kindly respect the unique theatrical window, which has been a time-tested business follow, agreed to by all stake-holders, not simply in India, however even globally, for a number of a long time,” the assertion learn.

MAI stated when the disaster ends, the mix of the “pent-up demand” and the promise of recent films would increase movie enterprise and contribute massively in reviving the business.

“The collective, social expertise of watching movies on the massive display must be preserved and it may be achieved so solely with the collective assist of all stakeholders.”

Established below the aegis of FICCI in 2002, the nationwide multiplex commerce physique represents greater than 18 regional and nationwide multiplex chains, together with PVR, INOX, Carnival and Cinepolis, and operates greater than 2900 screens throughout the nation.

Calling the scenario “really unprecedented and unparalleled,” the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this “testing time and as soon as once more change into the colourful residence of leisure, tradition and neighborhood that they all the time have been.”

“We are additionally grateful to the studios, administrators, producers and everybody within the Indian movie business who’ve proven their religion in cinema exhibition by popping out and voicing their assist, over the previous week.

“By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do.”

The affiliation had beforehand appealed to landlords throughout the nation to waive off hire and customary space upkeep (CAM) for all of the multiplex operators in the course of the interval of the present nation-wide lockdown.

Republic Bharat |

Multiplex association urges actors, producers to hold films for theatrical release

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they're opened again.

India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.

There were rumours that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer "Laxmmi Bomb".

In a statement, MAI requested producers to "respect the exclusive theatrical window."

"MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.

"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.

MAI said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.

"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders."

Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.

Calling the situation "truly unprecedented and unparalleled," the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this "testing time and once again become the vibrant home of entertainment, culture and community that they always have been."

"We are also thankful to the studios, directors, producers and everyone in the Indian film industry who have shown their faith in cinema exhibition by coming out and voicing their support, over the past week.

"By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do."

The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

WION |

Multiplex association urges actors, producers to hold films for theatrical release

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they're opened again.

India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.

There were rumours that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer 'Laxmmi Bomb'.

In a statement, MAI requested producers to "respect the exclusive theatrical window."

"MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.

"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.

MAI said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.

"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders."

Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.

Calling the situation "truly unprecedented and unparalleled," the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this "testing time and once again become the vibrant home of entertainment, culture and community that they always have been."

"We are also thankful to the studios, directors, producers and everyone in the Indian film industry who have shown their faith in cinema exhibition by coming out and voicing their support, over the past week.

"By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do."

The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

WION |

Multiplex association urges actors, producers to hold films for theatrical release

The Multiplex Association of India (MAI) has appealed to studio partners, producers, artistes and content creators to support the cinema exhibition sector by holding their films and releasing them in theatres once they're opened again.

India is currently under the lockdown with around 1.3 billion people asked to stay home in view of the coronavirus outbreak.

There were rumours that several films are looking at a direct-to-digital release amid the lockdown, including Akshay Kumar starrer 'Laxmmi Bomb'.

In a statement, MAI requested producers to "respect the exclusive theatrical window."

"MAI would like to urge all studio partners, producers, artistes and content creators to support the cinema exhibition sector, a vital part of the value chain, by holding and releasing their films in the theatres, once they open again.

"To this end, we urge all studios, producers, artistes and other content creators, to kindly respect the exclusive theatrical window, which has been a time-tested industry practice, agreed to by all stake-holders, not just in India, but even globally, for several decades," the statement read.

MAI said when the crisis ends, the combination of the "pent-up demand" and the promise of new movies would boost film business and contribute massively in reviving the industry.

"The collective, social experience of watching films on the big screen needs to be preserved and it can be done so only with the collective support of all stakeholders."

Established under the aegis of FICCI in 2002, the national multiplex trade body represents more than 18 regional and national multiplex chains, including PVR, INOX, Carnival and Cinepolis, and operates more than 2900 screens across the country.

Calling the situation "truly unprecedented and unparalleled," the association said it is committed to working with government institutions and partners through the weeks and months to come to ensure that cinemas survive this "testing time and once again become the vibrant home of entertainment, culture and community that they always have been."

"We are also thankful to the studios, directors, producers and everyone in the Indian film industry who have shown their faith in cinema exhibition by coming out and voicing their support, over the past week.

"By supporting each other now, we will return stronger than ever when we are again able to welcome back the many crores of devoted film fans who miss the big screen every bit as much as we do."

The association had previously appealed to landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of the current nation-wide lockdown.

Financial Express |

Coronavirus Impact: How kids content has provided respite as viewership surge on TV and OTT platforms

With the lockdown 2.0 in effect, children are cooped in the house all day for the past month. This has resulted in a viewership spike for kids channels on television. As per the latest Broadcast Audience Research Council (BARC) report, kids channels have posted a 39% jump in viewership. To meet this ever-growing demand for kids content, broadcasters are adopting new techniques from launching new shows, moving their content to the digital platform to forming strategic partnerships. “Under normal circumstances, this would anyway be the time when kids would start with their vacations as exams across the country would be over. With lockdown in effect, it becomes a great situation for companies to come up with offerings that are tailor-made for kids,” Aparna Acharekar, programming head, ZEE5 India, said.

Further, in an effort to leverage the spike in viewership on Doordarshan due to the telecast of Ramayan and Mahabharat, WarnerMedia owned Cartoon Network recently entered into a strategic partnership with Prasar Bharati. As per the arrangement, Doordarshan will simulcast Chota Bheem. “These are challenging times and we believe that POGO’s fun-filled, relatable content will keep kids engaged and entertained. The agreement ensures that an even larger number of young viewers across the country will be able to enjoy ‘Chhota Bheem’, one of our most prominent shows,” Siddharth Jain, MD, WarnerMedia Entertainment Networks in South Asia said. Additionally, the broadcaster has rolled out a series of new shows such as Chhota Bheem Kungfu Dhamaka and Bandbudh aur Budbak ahead of schedule. These shows were meant to be launched in May. Similarly, Disney Channel has rolled out new series such as Guddu, Bapu and Gadget Guru Ganesha as summer releases.

However, the surge in viewership is yet to translate into advertising revenue. In fact, data from TAM Media Research shows overall volume of advertising has dropped 12% between January to April 2020 when compared to the same period last year. “It is an unprecedented situation and in this market, it is not easy for any media platform to monetise their platform,” Anand Chakravarthy, managing director, Essence, said.

The TV industry reported a 6.4% growth in advertising revenue in 2019 to reach Rs 32,000, FICCI-EY report, revealed. Of this, kids channels account for 5% that is Rs 1,600 crore of the ad volume. According to industry estimates, the cost of a ten-second ad spot on kids channels such as Nick, Disney, among others ranges between Rs 3,000 – Rs 3,500 during prime time that is between 8 pm – 10 pm. Interestingly, there has been no change in ad rates for kids channels for the most part. However, some channels are offering a discount of 10%. This is primarily due to the fact that FMCG players are the main advertisers on kids channels. Yet, as per the TAM data, only 136 brands advertised on kids channels in April 2020 as opposed to January 2020 (pre-covid period) where 251 brands were advertising.

Taking the note of the viewership surge on television, over-the-top streaming platforms have also upped their game when it comes to kids content. From ZEE5 launching a dedicated kids segment, ZEE5 Kids for free, to Disney+Hotstar offering Disney+ content in addition to commissioning new episodes of existing content. Subscription-based video on demand (SVOD) platform VOOT Kids claims to have seen a six times rise in daily subscription addition in the month of March over the pre-lockdown period. “Lockdown has provided us with an additional boost in viewership. The number of viewers registering on our platform daily, without any marketing, has gone up by 50% as opposed to pre-lockdown period,” Saugato Bhowmik, business head, VOOT Kids, said.

However, Chakravarthy believes that OTT platforms and television cannot be compared when it comes to viewership predominantly because on TV, not just the kids but also the parents are watching the content, thereby resulting in co-viewing the content.

Additionally, subscriber addition on streaming platforms is expected to normalise post the lockdown ends and things start to get normal again, however at a reduced customer acquisition expense. As per the industry estimates, at present, most of the OTT platforms are operationally viable due to a tremendous reduction in customer acquisition cost and other marketing expenses.

Financial Express |

Coronavirus Impact: How kids content has provided respite as viewership surge on TV and OTT platforms

With the lockdown 2.0 in effect, children are cooped in the house all day for the past month. This has resulted in a viewership spike for kids channels on television. As per the latest Broadcast Audience Research Council (BARC) report, kids channels have posted a 39% jump in viewership. To meet this ever-growing demand for kids content, broadcasters are adopting new techniques from launching new shows, moving their content to the digital platform to forming strategic partnerships. “Under normal circumstances, this would anyway be the time when kids would start with their vacations as exams across the country would be over. With lockdown in effect, it becomes a great situation for companies to come up with offerings that are tailor-made for kids,” Aparna Acharekar, programming head, ZEE5 India, said.

Further, in an effort to leverage the spike in viewership on Doordarshan due to the telecast of Ramayan and Mahabharat, WarnerMedia owned Cartoon Network recently entered into a strategic partnership with Prasar Bharati. As per the arrangement, Doordarshan will simulcast Chota Bheem. “These are challenging times and we believe that POGO’s fun-filled, relatable content will keep kids engaged and entertained. The agreement ensures that an even larger number of young viewers across the country will be able to enjoy ‘Chhota Bheem’, one of our most prominent shows,” Siddharth Jain, MD, WarnerMedia Entertainment Networks in South Asia said. Additionally, the broadcaster has rolled out a series of new shows such as Chhota Bheem Kungfu Dhamaka and Bandbudh aur Budbak ahead of schedule. These shows were meant to be launched in May. Similarly, Disney Channel has rolled out new series such as Guddu, Bapu and Gadget Guru Ganesha as summer releases.

However, the surge in viewership is yet to translate into advertising revenue. In fact, data from TAM Media Research shows overall volume of advertising has dropped 12% between January to April 2020 when compared to the same period last year. “It is an unprecedented situation and in this market, it is not easy for any media platform to monetise their platform,” Anand Chakravarthy, managing director, Essence, said.

The TV industry reported a 6.4% growth in advertising revenue in 2019 to reach Rs 32,000, FICCI-EY report, revealed. Of this, kids channels account for 5% that is Rs 1,600 crore of the ad volume. According to industry estimates, the cost of a ten-second ad spot on kids channels such as Nick, Disney, among others ranges between Rs 3,000 – Rs 3,500 during prime time that is between 8 pm – 10 pm. Interestingly, there has been no change in ad rates for kids channels for the most part. However, some channels are offering a discount of 10%. This is primarily due to the fact that FMCG players are the main advertisers on kids channels. Yet, as per the TAM data, only 136 brands advertised on kids channels in April 2020 as opposed to January 2020 (pre-covid period) where 251 brands were advertising.

Taking the note of the viewership surge on television, over-the-top streaming platforms have also upped their game when it comes to kids content. From ZEE5 launching a dedicated kids segment, ZEE5 Kids for free, to Disney+Hotstar offering Disney+ content in addition to commissioning new episodes of existing content. Subscription-based video on demand (SVOD) platform VOOT Kids claims to have seen a six times rise in daily subscription addition in the month of March over the pre-lockdown period. “Lockdown has provided us with an additional boost in viewership. The number of viewers registering on our platform daily, without any marketing, has gone up by 50% as opposed to pre-lockdown period,” Saugato Bhowmik, business head, VOOT Kids, said.

However, Chakravarthy believes that OTT platforms and television cannot be compared when it comes to viewership predominantly because on TV, not just the kids but also the parents are watching the content, thereby resulting in co-viewing the content. Additionally, subscriber addition on streaming platforms is expected to normalise post the lockdown ends and things start to get normal again, however at a reduced customer acquisition expense. As per the industry estimates, at present, most of the OTT platforms are operationally viable due to a tremendous reduction in customer acquisition cost and other marketing expenses.

Exchange4Media |

Dish TV India and MX Player partner to offer seamless video-on-demand content to customers

In a bid to offer unmatched video-on-demand content, Dish TV India Limited has announced its partnership with MX Player that recently emerged as India’s #1 entertainment app of 2019 as per the annual FICCI Report. With this strategic association with MX player, Dish TV India has further strengthened its portfolio by adding one more app in the app zone on its Android-based connected devices, namely Dish SMRT Hub and d2h stream for its DishTV and d2h users respectively. Users will now be able to stream an exciting slate of popular MX Originals, TV shows, Music Videos and Movies across multiple genres and languages. DishTV and d2h already offer the most popular apps including its streaming app ‘Watcho’.

Commenting on the partnership, Anil Dua, Executive Director & Group CEO, Dish TV India Limited, said, “Our partnership with MX Player makes it easy for our Android box users to access large content library spanning over 10 languages through this in-built app and further enhance their TV viewing experience. Offering unique and unparalleled content to our customers is always a top priority for us and through this partnership, we have taken one more step to fulfil our promise.”

Abhishek Joshi, Head of Marketing & Business Partnerships at MX Player further added saying, “Our core proposition is to distribute premium original content in local and regional languages for the 100s of millions of Indians for whom smartphones are the first screen. But with the Dish TV association, we are looking at widening our existing base of viewers and extending a superior entertainment experience to Indian audiences across genres and through a screen of their choice – be it their mobiles, tablets or TV screens.”

In addition to MX Player, the Android box offers a host of features including built-in Google Assistant, Chromecast, Google Play and access to all popular featured OTT platforms like YouTube, Amazon Prime Video, Zee5, Watcho, Voot, ALTBalaji and many more. Coupled with the ease of using voice commands via Google Assistant, the Android-based set-top box is compatible with any television set. ‘Dish SMRT Hub’ and ‘d2h stream’ are internet-enabled Android-based HD Set Top Box, available for INR 3,999 for new subscribers & INR 2,499 for existing subscribers.

Equity Bulls |

Dish TV India partners with MX Player to offer seamless video-on-demand content to its customers

In a bid to offer unmatched video-on-demand content, Dish TV India Limited, India's leading DTH Company, has announced its partnership with MX Player that recently emerged as India's #1 entertainment app of 2019 as per the annual FICCI Report. With this strategic association with MX player, Dish TV India has further strengthened its portfolio by adding one more app in the app zone on its Android-based connected devices, namely Dish SMRT Hub and d2h stream for its DishTV and d2h users respectively. Users will now be able to stream an exciting slate of popular MX Originals, TV shows, Music Videos and Movies across multiple genres and languages. DishTV and d2h already offer the most popular apps including its streaming app 'WATCHO'.

Commenting on the partnership, Mr. Anil Dua, Executive Director & Group CEO, Dish TV India Limited, said, "Our partnership with MX Player makes it easy for our Android box users to access large content library spanning over 10 languages through this in-built app and further enhance their TV viewing experience. Offering unique and unparalleled content to our customers is always a top priority for us and through this partnership, we have taken one more step to fulfill our promise."

Mr. Abhishek Joshi, Head of Marketing & Business Partnerships at MX Player further added saying, "Our core proposition is to distribute premium original content in local and regional languages for the 100s of millions of Indians for whom smartphones are the first screen. But with the Dish TV association, we are looking at widening our existing base of viewers and extending a superior entertainment experience to Indian audiences across genres and through a screen of their choice - be it their mobiles, tablets or TV screens."

In addition to MX Player, the Android box offers a host of features including built-in Google Assistant, Chromecast, Google Play and access to all popular featured OTT platforms like YouTube, Amazon Prime Video, Zee5, Watcho, Voot, ALTBalaji and many more. Coupled with the ease of using voice commands via Google Assistant, the Android-based set-top box is compatible with any television set. 'Dish SMRT Hub' and 'd2h stream' are internet-enabled Android-based HD Set Top Box, available for INR 3,999 for new subscribers & INR 2,499 for existing subscribers.

Shares of DISH TV INDIA LTD. was last trading in BSE at Rs.4.87 as compared to the previous close of Rs. 4.79. The total number of shares traded during the day was 341352 in over 18633 trades.

The stock hit an intraday high of Rs. 4.91 and intraday low of 4.8. The net turnover during the day was Rs. 1657081.

Zee Business |

Dish TV partners with MX Player to offer video-on-demand content

In a bid to offer unmatched video-on-demand content, Dish TV India Limited, has announced its partnership with MX Player that recently emerged as India’s number 1 entertainment app of 2019 as per the annual FICCI Report. With this strategic association with MX player, Dish TV India has further strengthened its portfolio by adding one more app in the app zone on its Android-based connected devices, namely Dish SMRT Hub and d2h stream for its DishTV and d2h users respectively.

The collaboration will give Dish TV customers access to MX Originals, TV shows, Music Videos and Movies across multiple genres and languages. DishTV and d2h already offer the most popular apps including its streaming app ‘WATCHO’.

In addition to MX Player, the Android box offers a host of features including built-in Google Assistant, Chromecast, Google Play and access to all popular featured OTT platforms like YouTube, Amazon Prime Video, Zee5, Watcho, Voot, ALTBalaji and many more.

Coupled with the ease of using voice commands via Google Assistant, the Android-based set-top box is compatible with any television set. ‘Dish SMRT Hub’ and ‘d2h stream’ are internet-enabled Android-based HD Set Top Box, available for Rs 3,999 for new subscribers & Rs 2,499 for existing subscribers.

“Our partnership with MX Player makes it easy for our Android box users to access large content library spanning over 10 languages through this in-built app and further enhance their TV viewing experience. Offering unique and unparalleled content to our customers is always a top priority for us and through this partnership, we have taken one more step to fulfill our promise,” Anil Dua, Executive Director & Group CEO, Dish TV India Limited, said.

Orissa Diary |

Access to good content major concern with single screens, need capital infusion and technologies: FICCI-Comscore

Apart from the Corona crisis, the single screen sector is plagued by several issues that have come into sharp focus in the webinar organized by Comscore, the global box office measurement leader and Federation of Indian Chambers of Commerce and Industry(FICCI), yesterday.

India has about 7,000 single screens which contribute to a lion’s share of the annual foot falls at cinemas, which is over 1 billion (100 crores). Even though multiplexes account for a higher share of revenues, it is single screens that draw staggering number of audiences in India and despite this they are facing a huge threat to their very survival.

The webinar discussed the challenges for single screens. Access to good content is one of the major issues with single screens. This is mainly because of two factors. First, the amenities and technologies at single screens are not at par with multiplex screens. So, they need capital infusion to improve the conditions. The other biggest factor is the transparency. If single screens can embrace transparency and participate in a central box office measurement mechanism, that can inspire more confidence in distributors. Addressing these two factors could encourage distributors to offer more favorable revenue sharing terms. Transparency can also help single screens to access institutional loans to invest in renewals and up-gradation of their cinemas.

Low screen density was also discussed, and government incentives and ease of policies were sought to improve screen density in India. Low per capita cinema consumption is also linked to low screen density in India which also leads to piracy of cinema content. Also, average ticket pricing is one of the lowest in the world which presents a strong case for flexi pricing in various states. Hurdles in getting cinema licensing from multiple agencies were also discussed.

The panelists opined that the single screens should most ideally utilize this cooling period to restructure and improve their cinemas, engage in focused discussions with distributors to fix other relevant operational issues, adopt best practices like transparency to inspire distributor confidence to access and offer good content to the patrons and also equip with all the safety measures that would be required in the post Covid-19 scenario. The panel expressed confidence that Cinema will bounce back and OTT would not be a threat to the Big Screen experience.

UFO, the Digital Cinema solution provider offered to work with the exhibitors to access content at more favorable terms and also help equip them with computerized ticketing / m-ticketing at their properties with features capable of eliminating the scope for human contact in the post covid -19 era. Comscore on its part has committed to provide a robust box office measurement system as it is doing across the world to effectively bring in transparency that is so interlinked to several other maladies that single screens are confronted with.

Mr Pankaj Jaysinh, COO, UFO Moviez distribution summed up the action plan on this occasion, ‘When the fishermen are not at sea, they are repairing their nets.”

The panel constituted of eminent industry leaders such as Shaji N. Karun, Chairman, Kerala State Film Development Corporation and Award Winning Filmmaker and Cinematographer; Rahul Puri, MD, Mukta Arts, Rajesh Mishra, CEO, UFO Moviez/Nova Cinemas; Rajan Gupta, President, National Association of Motion Pictures Exhibitors, New Delhi and Owner, Liberty Cinema; Arun Mehra, Proprietor, AUM Movies; Vinay Choksey, Proprietor, AUM Exhibitors, Mumbai; Ruban Mathivanan, Managing Partner, G.K. Cinemas, Chennai; Divas Gupta, Novelty Cinema, Lucknow; Arturo Guillen, EVP & Global Managing Director, Comscore Movies; and Rajkumar Akella, MD-India, Comscore Movies. This panel was moderated by Akshaye Rathi, MD, Rathi Cinemas. The webinar was attended by the film exhibitors, distributors, producers besides members of media and film enthusiasts from across India.

medianews4u |

This is the time to set their 'House' in order for India's Single Screens: FICCI-Comscore Webinar

Apart from the Corona crisis, the single screen sector is plagued by several issues that have come into sharp focus in the webinar organized by Comscore, the global box office measurement leader and Federation of Indian Chambers of Commerce and Industry (FICCI), the apex chamber of commerce and industry in India.

Some macro-level facts were put forth to set the context for the single screen sector in India. India has about 7000 single screens which contribute to a lion’s share of the annual footfalls at Cinemas, which is over 1 Billion (100 crores). Even though Multiplexes account for a higher share of revenues, it is single screens that draw a staggering number of audiences in India and despite this, they are facing a huge threat to their very survival.

In this webinar, challenges for Single screens were discussed. Access to good content is one of the major issues with single screens. This is mainly because of two factors. First, the amenities and technologies at Single screens are not at par with multiplex screens. So, they need capital infusion to improve the conditions. The other biggest factor is transparency. If Single screens can embrace transparency and participate in a central box office measurement mechanism, that can inspire more confidence in distributors. Addressing these two factors could encourage distributors to offer more favorable revenue-sharing terms. Transparency can also help single screens to access institutional loans to invest in renewals and up-gradation of their cinemas.

Low screen density was also discussed and government incentives and ease of policies were sought to improve screen density in India. Low per capita cinema consumption is also linked to low screen density in India which also leads to piracy of cinema content. Also, average ticket pricing is one of the lowest in the world which presents a strong case for Flexi pricing in various states. Hurdles in getting cinema licensing from multiple agencies were also discussed.

The panelists opined that the single screens should most ideally utilize this cooling period to restructure and improve their cinemas, engage in focused discussions with distributors to fix other relevant operational issues, adopt best practices like transparency to inspire distributor confidence to access and offer good content to the patrons and also equip with all the safety measures that would be required in the post-Covid-19 scenario. The panel expressed confidence that Cinema will bounce back and OTT would not be a threat to the Big Screen experience.

UFO, the Digital Cinema solution provider offered to work with the exhibitors to access the content at more favorable terms and also help equip them with computerized ticketing / m-ticketing at their properties with features capable of eliminating the scope for human contact in the post covid -19 era. Comscore on its part has committed to providing a robust box office measurement system as it is doing across the world to effectively bring in transparency that is so interlinked to several other maladies that single screens are confronted with.

Pankaj Jaysinh the COO of UFO Moviez distribution summed up the action plan on this occasion, “When the fishermen are not at sea, they are repairing their nets”.

The panel constituted of eminent industry leaders such as Shaji N. Karun, Chairman, Kerala State Film Development Corporation and Award-Winning Filmmaker and Cinematographer; Rahul Puri, MD, Mukta Arts, Rajesh Mishra, CEO, UFO Moviez/Nova Cinemas; Rajan Gupta, President, National Association of Motion Pictures Exhibitors, New Delhi and Owner, Liberty Cinema; Arun Mehra, Proprietor, AUM Movies; Vinay Choksey, Proprietor, AUM Exhibitors, Mumbai; Ruban Mathivanan, Managing Partner, G.K. Cinemas, Chennai; Divas Gupta, Novelty Cinema, Lucknow; Arturo Guillen, EVP & Global Managing Director, Comscore Movies; and Rajkumar Akella, MD-India, Comscore Movies. This panel was moderated by Akshaye Rathi, MD, Rathi Cinemas. This webinar was attended by the film exhibitors, distributors, producers besides members of media and film enthusiasts from across India.

Adgully |

COVID-19, content, capital infusion, tech - key concerns of single screens

A webinar organised by Comscore and FICCI brought into focus the various issues plaguing the single screen sector. Shut down due to the COVID-19 crisis, cinema halls – single screens as well as multiplexes – are going through an unprecedented crisis that threatens their very existence.

Earlier, the Multiplex Association of India (MAI), an all India body formed under the aegis of FICCI in 2000, had appealed to all landlords across the country to waive off rent and common area maintenance (CAM) for all the multiplex operators during the period of closure ordered by the Government due to the spread of COVID-19.

India has about 7,000 single screens, which contribute to a lion’s share of the annual footfalls at cinemas, which is over 1 billion (100 crore). Even though multiplexes account for a higher share of revenues, it is single screens that draw staggering number of audiences in India and despite this they are facing a huge threat to their very survival.

The webinar highlighted the challenges for single screens. Access to good content is one of the major issues with single screens. This is mainly because of two factors. First, the amenities and technologies at single screens are not at par with multiplex screens. So, they need capital infusion to improve the conditions. The other biggest factor is the transparency. If single screens can embrace transparency and participate in a central box office measurement mechanism, that can inspire more confidence in distributors. Addressing these two factors could encourage distributors to offer more favourable revenue sharing terms. Transparency can also help single screens to access institutional loans to invest in renewals and up-gradation of their cinemas.

Low screen density was also discussed, and government incentives and ease of policies were sought to improve screen density in India. Low per capita cinema consumption is also linked to low screen density in India which also leads to piracy of cinema content. Also, average ticket pricing is one of the lowest in the world which presents a strong case for flexi pricing in various states. Hurdles in getting cinema licensing from multiple agencies were also discussed.

The panellists opined that the single screens should most ideally utilise this cooling period to restructure and improve their cinemas, engage in focused discussions with distributors to fix other relevant operational issues, adopt best practices like transparency to inspire distributor confidence to access and offer good content to the patrons and also equip with all the safety measures that would be required in the post COVID-19 scenario. The panel expressed confidence that Cinema will bounce back and OTT would not be a threat to the Big Screen experience.

UFO, the Digital Cinema solution provider, offered to work with the exhibitors to access content at more favourable terms and also help equip them with computerised ticketing/ m-ticketing at their properties with features capable of eliminating the scope for human contact in the post COVID-19 era. Comscore on its part has committed to provide a robust box office measurement system as it is doing across the world to effectively bring in transparency that is so interlinked to several other maladies that single screens are confronted with.

Pankaj Jaysinh, COO, UFO Moviez distribution, summed up the action plan on this occasion, “When the fishermen are not at sea, they are repairing their nets.”

The panel constituted of eminent industry leaders such as Shaji N Karun, Chairman, Kerala State Film Development Corporation and Award Winning Filmmaker and Cinematographer; Rahul Puri, MD, Mukta Arts, Rajesh Mishra, CEO, UFO Moviez/Nova Cinemas; Rajan Gupta, President, National Association of Motion Pictures Exhibitors, New Delhi and Owner, Liberty Cinema; Arun Mehra, Proprietor, AUM Movies; Vinay Choksey, Proprietor, AUM Exhibitors, Mumbai; Ruban Mathivanan, Managing Partner, G.K. Cinemas, Chennai; Divas Gupta, Novelty Cinema, Lucknow; Arturo Guillen, EVP & Global Managing Director, Comscore Movies; and Rajkumar Akella, MD-India, Comscore Movies. This panel was moderated by Akshaye Rathi, MD, Rathi Cinemas.

The webinar was attended by the film exhibitors, distributors, producers besides members of media and film enthusiasts from across India.

Nyoooz |

Access to good content major concern with single screens need capital infusion and technologies FICCI Comscore

The webinar discussed the challenges for single screens. Access to good content is one of the major issues with single screens. First, the amenities and technologies at single screens are not at par with multiplex screens. Transparency can also help single screens to access institutional loans to invest in renewals and up-gradation of their cinemas. The webinar was attended by the film exhibitors, distributors, producers besides members of media and film enthusiasts from across India.

Live Mint |

Pandemic derails multiplex industry's expansion plans

The closure of cinema halls, and suspension of film production and releases have put India’s multiplex industry under severe stress, delaying its expansion.

Exhibition industry experts said some chains have delayed plans by two or three quarters. Deliveries of equipment are stuck in transit and immediate financial restructuring is required. Exhibition companies have already made requests to waive mall rentals.

“The coronavirus has not just knocked down the entertainment industry in India but affected the entire world economy. Our expansion targets have moved ahead to at least two to three quarters because of the total lockdown in India and abroad. All our new orders, including projectors and other hardware, are stuck in transit," said P.V. Sunil, managing director, Carnival Cinemas, adding that the company needs to shuffle its finance structuring also.

According to the FICCI-EY media and entertainment industry report 2020, India’s multiplex count stood at 3,200 in 2019. PVR, with 812 screens, INOX (612) and Carnival (450) are the biggest players.

According to a 2019 Mint report, operators planned to add as many as 7,000 screens over the next 10 years. On an average, a single chain added 40-50 screens annually before the lockdown.

Atul Mohan, editor of trade magazine Complete Cinema said limited cash flows will make opening of any new properties impossible.

Apart from existing established players, Mohan said at least two new groups were preparing to enter the exhibition business in India by April or May who will now possibly look at a launch post Dussehra. These were targeting locations such as Mumbai, Patna, Jaipur and some cities in the south.

“The overall multiplex scenario (in India) will be impacted. Once everything is normal, companies would like to keep a tight control on cash flows and spend very cautiously," admitted Gautam Dutta, chief executive officer, PVR Cinemas.

Over the next 15-18 months, PVR had plans to expand to major cities such as Bengaluru, Mumbai, Gurugram, Hyderabad and Ahmedabad, besides exploring new centres like Jamnagar, Rourkela, Mysore, Jaipur, Dhanbad, Patna and Agra. Dutta did not elaborate on where these plans stood.

Alok Tandon, chief executive officer, INOX Leisure Ltd, said the opening of any new property is dependent upon the ready availability of real estate. Not only will chains have to rethink if they have funds to invest in new properties, given that most are possibly already paying staff salaries and basic fixed maintenance expenses, real estate developers, under stress themselves, may also want to renegotiate deals for higher prices.

To be sure, theatre owners are keen to make audiences feel safe enough to visit after the lockdown is lifted. From temperature checks at entrances and deep cleaning to limiting seat allocation avoid overcrowding, there are several plans in the offing, at INOX for instance.

“We are in the process of mapping the customer journey at our sites right from the box office to the entrance, to the foyer, audis, washrooms and even till they exit. Starting with a one-metre gap at the box office to ticketless entries and a stronger push towards online ordering to contactless service for F&B, all our employees would be given masks and their temperatures would be regularly checked," Dutta said.

Financial Express |

Coronavirus Impact: Cinema theatres to lose box-office collection worth Rs 4,000 crore in 2020

Eid-ul-Fitar holds a very important place among cinema lovers, especially in India. Almost every year the Khans take turns to release their movies on the big screen. Not to mention, actor Salman Khan leads the pack here – last year his film ‘Bharat’ was released. However, this year will be different due to the spread of the novel Coronavirus. With movie theatres having been shut for almost a month now, post the lockdown, there is a slim chance of the screens opening anytime soon. According to industry estimates, exhibition companies are expected to lose about 35% revenue that is about Rs 4,000 crore worth box office collection in 2020, when compared to the same period, last year. This does not include revenue earned from the sale of food and beverage. “Two films which were slated to released – Salman Khan’s Radhe and Akshay Kumar’s Laxmmi Bomb, due to lockdown will not hit the theatres. Add to that the post-production remains incomplete. Combine this with the fact that nobody actually knows when theatres will be allowed to open, Eid will not yield the same return this year,” Taran Adarsh, film critic and trade analyst, said. According to FICCI-EY 2020 report, in 2019, the filmed entertainment segment grew 9.5% to Rs 11,500 crore (domestic box collection) because of increased domestic theatrical revenues and growth in both rates and volume of digital rights sold.

Nonetheless, exhibition companies are ready to open theatres with plans to follow all guidelines around maintaining social distance within the halls. This would mean a reduction of 40%-50% in occupancy. “We are keen to restart our operations, even if it is at a relatively smaller scale. We are also sure that once the hygiene measures are in place, people will come to the theatres,” Alok Tandon, CEO, INOX Leisure. In Q3, FY20 INOX Leisure generated nearly 55% that is, Rs 288 crore of its revenue came from ticket sales. The company’s result shows that food and beverage accounted for 25% – Rs 130 crores of the revenue, while advertisement amounted to about 12% – Rs 58 crores of the revenue and the rest 8% that is Rs 42 crore came from other sources.

Industry analysts are hopeful that exhibition firms would be able to recover somewhat of the losses between August to March 2021 – that is, if theatres begin to function at the end of July. This also means that Diwali and New Year will see some of the biggest releases this year. Traditionally too, film-makers have released big-budget movies during the festive season.“Diwali has always been a season of high footfall for the industry, and this year Diwali might just be the much-required spur for the industry. The push back of movies due to lockdown has ensured that we will have a good quality of content before, during and after Diwali,” Tandon added.

According to industry estimates, the exhibition business is believed to have incurred losses worth Rs 1,000 crore, so far, post the lockdown. “The industry will try to recover the loss in the latter part of the year as currently, the priority is to bring back consumers and restart the business,” Kapil Agarwal, JMD, UFO Moviez, said. Meanwhile, viewers are watching old sagas such as Ramayana and Mahabharat on Doordarshan besides binge-watching on OTT platforms such as Netflix, Amazon Prime, Hotstar, Zee5, VOOT, among others.

SME Future |

Virus outbreak gives television, social media a big boost

At a time when the entire country is quarantined and businesses are marred by the COVID pandemic, Doordarshan – that has been struggling for its relevance for long – seems to have got a new lease of life as it is trying to make the most of this lockdown. The public broadcaster has started re-telecasting its epic mythological shows ‘Ramayana’ and ‘Mahabharatha’ in two slots, that also got the channel its share of positive publicity on social media platforms.

The Ramanand Sagar’s epic serial Ramayan has shattered all records by garnering highest TRPs for a Hindi general entertainment channel show since 2015. According to week (March 21-27) data of the TV monitoring agency BARC India, the four episodes of the Ramayan garnered an average of 28.7 million impressions. On Saturday, the show garnered 19.7 million impressions, while the Sunday episode recorded 37.9 million Impressions.

Doordarshan is just an example

The pandemic has led to a dramatic jump in the overall video streaming and TV viewership in India. There is much happening in the TV and smartphone landscape. As per the BARC-Nielsen study, television consumption and smartphone usage has grown significantly despite of other sectors going downwards. Interestingly, the Prime Minister Narendra Modi address to the nation on complete lockdown garnered unprecedented viewership of 197 million people watching it on television across the country.

Not only this, to provide wholesome entertainment package in times of social distancing, four major broadcasting networks – Sony-run Sony Pal, Star India-run Star Utsav, Zee TV-operated Zee Anmol and Viacom18’s Colors bouquet channel Colors Rishtey – have come forward and decided to waive off all tariffs and charges for four channels for a period of two months.

TV viewership booms

The study finds out that total TV consumption has increased by 8 per cent across India in the week ended March 20 – which was week one of COVID-19 lockdown. The growth in TV largely comes from non-prime time viewership. News gained by 57 per cent, followed by kid genre and movies have contributed to the growth in TV viewing.

With this surge in viewing, new average daily viewers grew by 32 million in the week, which gone up to total of 592 million TV audience.

With this, the total daily watch time for television has also jumped up by over 70 billion minutes in India. That means, total time spent by each viewer has gone up from 3 hours 46 minutes (in January) to 3 hours 51 minutes in the first COVID-19 week.

The report also reveals that Hindi speaking market (HSM) grew way better than South (5 per cent), which was driven by reach whereas South market was driven by both in terms of average time spent (ATS) on television and reach. The study data reveals that Hindi consumption increased by 7 per cent across the country.

According to the report, amid COVID-19 lockdown news section gained popularity with 57 per cent, while genre like movies and kids were 14 and 33 per cent. In times of crisis, when schools and colleges are shut, this is driving kids towards TV watching (+20 per cent). With corporate India getting into work from home mode, New Consumer Classification System (NCCS) shows an 11 per cent increase in viewership. 

While sports genre witnessed major dip in terms of viewership as major leagues and sports events got cancelled. The 2020 Tokyo Olympic has also got delayed by a year as the International Olympic Association and Japan have rescheduled it for July 23 to August 8, in 2021.

Smartphone usage surges – social networking, news apps gain

With the rise in TV consumption, smartphone usage has also gone up. As per the survey, digital consumption of news and gaming shows huge increase in both incidence and time spent.

The time spent on smartphone during lockdown week one has also increased by 1.5 hours. This means time spent per user has gone up by 6.2 per cent, of which majority users are from the 35-44 year age category.

Number of new consumers grew mostly in mini-metros with 8 per cent growth, while metro and tier-2 cities both saw 6 per cent growth in new consumers. Female consumer ratio was more than male consumers by one per cent.

Moreover, due to uncertainty of the situation, people are spending more times on social networking and chatting. This also show a significant increase in time spent in week one by 25 per cent, while the increase in calling time is only 4 per cent.

As per the study, the time spent on chatting has increased by 23 per cent and consumers spending time on social apps gained by 25 per cent. News app users have grown by 8 per cent, while the time spent has been increased by 17 per cent. The growth has been led by non-English News apps i.e. +87 per cent.

Not just apps, news websites were also visited by 26 per cent more users, while the number of website visits per user went up by 29 per cent.

On the other hand, almost all social networking apps such as Facebook, Instagram and TikTok have seen significant rise – not only in time spent/user/week but also in the sessions/user/week, according to the study.

Sharing her views on the current surge in smartphone usage, Dolly Jha, country leader Nielsen Global Media, South Asia said, “We are living through unprecedented times. Physical social distancing seems to have led to a phenomenal growth in virtual social togetherness with an almost 20 per cent increase in time spent per user on chats, social media and news in the last one week. And, we anticipate this to grow further.”

Shopping, travel apps take hit

With social distancing in practice, TV viewing and social media engagements were meant to grow, however, other segments such as shopping apps (-24 per cent users), food delivery apps (-13 per cent users)and travel apps congestions has gone down drastically in terms of users and time spent.

Impact on media and entertainment

It is clear from the study that the segments such as digital media, online gaming, radio and over the top (OTT) platforms are seeing benefit as consumers are forced to stay home and these mediums are their only source of entertainment.

However, the subsequent lockdown will have a definite impact on the media and entertainment sector which values at Rs. 1,887 billion estimated for calendar year 2019.

Large industries such as television, print, filmed entertainment, live events and out of home media are taking hit on their revenues, for instance, The Express Group has informed its employees for a temporary salary cut.

Similarly, television production activities have come to a virtual standstill to avoid large gathering of people on sets.

“With no new shows being produced, most General Entertainment Channels (GEC) have resorted to telecasting the old shows on repeat, to fill slots on their channels. Also, as most sports events scheduled in the months of March and April have been cancelled, viewership of sports channels shall drop,” CARE Ratings stated.

Bollywood, too, is on a standstill. Film producers have decided to halt their shooting for few weeks and pushed the release of many films to a later date. This is expected to create ripple effects as release dates of other movies that were expected to be released in the next 3-4 weeks shall also be postponed. Delay of movie releases also impacts box office collections not only in domestic market, but also abroad, as Indian movies have a large audience outside India.

“With film exhibitors across the country being temporarily shut, operating margins of such players shall take a hit as salaries and maintenance costs are inevitable expenses. We expect a loss of revenue of Rs. 5,800 to 7,800 crore per month for film exhibitors. This includes revenue from sale of movie tickets, sale of food and beverages within the theatres and advertising income,” the rating agency added.

M&E industry stares at a gloomy future

A FICCI-EY report, ‘The era of consumer A.R.T. – Acquisition Retention and Transaction’, states that the Indian Media and Entertainment (M&E) sector has reached Rs. 1.82 trillion (US$25.7 billion) in 2019. It is further expected to grow at the rate of 10 per cent, crossing Rs. 2.4 trillion (US$34 billion) by 2022.

Today India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement. The rapid proliferation of mobile access is driving the demand, which is enabling on-demand, anytime-anywhere content consumption nationwide.

“With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption,” according to the FICCI-EY report.

Commenting on the growth of the industry in future, Ashish Pherwani, partner and media and entertainment leader, EY India, said, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income. As entertainment and information options grew and choice increased, the era of consumer acquisition, retention and transaction (ART) redefined the media value chain, leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization.”

However, the coronavirus outbreak will have a significant adverse impact on the sector, but – according to Pherwani – the scale of the impact can’t be estimated yet as “the situation is still evolving both in India and many parts of the world.”

The Sentinel |

Many sectors will take 1-2 years to revive due to coronavirus crisis: FICCI survey

As the coronavirus crisis and subsequent nationwide lockdown severely impact the Indian economy, a FICCI survey has said that few sectors like restaurants, auto and real estate may take around 12 to 24 months to recover.

The other sectors also severely hit may require a similar period to revive, including transportation and tourism, logistics, entertainment and consumer durables.

The survey titled ‘COVID-19 India: Economic Impact & Mitigation’, however, said that recovery is dependent on consumption stimulus and survival of businesses itself. It said that sectors such as apparel and beauty product, beverages, alcoholic beverages, insurance, agriculture, chemicals, metals and mining, services, industries, offline retail, and healthcare are likely to recover in 9-12 months.

In its report, the industry body has said that the Indian industry requires an immediate stimulus package of Rs 9-10 lakh crore, which would account for 4-5 per cent of the country’s GDP.

The report noted that other countries have also taken similar steps. The debt-to-GDP ratio of India is manageable, it added.

“This money to be injected for relief and rehabilitation across all levels of the economy, including people at the bottom of the pyramid, informal workers, micro, small and medium enterprises, and large corporates,” it said.

The industry body has also suggested setting up of a ‘Bharat Self-Sufficiency Fund’ with an outlay of Rs 2 lakh crore.

Money Life |

Restaurants, Auto, Realty Sector to take 1-2 Yrs to revive: Report

As the coronavirus crisis and subvsequent nation-wide lock-down severely impact the Indian economy, a FICCI survey has said that few sectors like restaurants, auto and real estate may take around 12 to 24 months to recover.

The other sectors also severely hit may require similar period to revive, including transportation and tourism, logistics, entertainment and consumer durables.

The survey titled "COVID-19 India: Economic Impact & Mitigation", however, said that recovery is dependent on consumption stimulus and survival of businesses itself.
It said that sectors such as apparel and beauty product, beverages, alcoholic beverages, insurance, agriculture, chemicals, metals and mining, services, industries, offline retail, and healthcare are likely to recover in 9-12 months.
In its report, the industry body has said that the Indian industry requires an immediate stimulus package of Rs 9 lakh crore-Rs 10 lakh crore, which would account for 4%-5% of the country's GDP.
The report noted that other countries have also taken similar steps. The debt-to-GDP ratio of India is manageable, it added.
"This money to be injected for relief and rehabilitation across all levels of the economy, including people at the bottom of the pyramid, informal workers, micro, small and medium enterprises, and large corporates," it said.
The industry body has also suggested setting up of a 'Bharat Self-Sufficiency Fund' with an outlay of Rs 2 lakh crore. It said that the fund could be used to promote scientific research and innovation for building a stronger and resilient nation and creating self-sufficient industry clusters with fully developed value chains within the country for products where India has high import dependence.
The report also noted that services such as food retail, telecommunications, utility services and pharmaceutical have witnessed a boost in the short term and would stabilize in the long term, in about six to nine months.
Further, online healthcare, personal care, online entertainment and education have also received a boost during the restrictions and lock-down and would keep growth momentum in the long term.

Financial Express |

Coronavirus Impact: High on viewership, news channels see a decline in ad volumes

As the total number of Covid-19 cases continue to increase - people have switched onto news channels to get regular updates. As a result, news channels have posted a 298% jump in viewership, Broadcast Audience Research Council (BARC) – an audience measurement firm, revealed. As a result, the share of news to total TV viewership grew to 21% from 7%. However, the surge in viewership is yet to translate into advertising dollars. In fact, data from TAM Media Research shows overall volume of advertising has dropped 11% in March, this year compared to the same period last year. “The reach of the news channels is 40%-50% higher than general entertainment channels (GEC). With news providing a better return-on-investment (RoI) based on higher delivery, advertisers have upped their investments,” Vikas Khanchandani, Group CEO, Republic Media Network.

According to the TAM AdEx data, between January-March 2020, news channels posted nearly 15% drop in ad volumes as opposed to the same period last year. TV industry reported a 6.4% growth in advertising revenue in 2019 to reach Rs 32,000, as per the latest FICCI-EY report. Of this, news channels accounted for 9%-10% that is Rs 2,880 crore – Rs 3,2 00 crore of the ad volume. “This is primarily because last January-March was the pre-election period. The volume of advertising on news channels was very high because of General Elections,” Avinash Pandey, chief executive officer, ABP News Network said.

This year with a lack of marquee events, it is English news channels which have recorded the highest drop in ad volumes at 17% during the January-March 2020, and 28% in March 2020. Next in line, Hindi news channels have posted a 6% decline, between January-March 2020 and 16% drop in March. Interestingly, news channels in the regional language such as Marathi and Punjabi have recorded a rise in the volume of advertising. “Hindi and English news channels, unlike regional news channels, will not see a rise in ad volumes because these are cluttered market,” Pandey added.

According to industry estimates, the cost of a ten ad spot across the top three English news channels during prime-time that is between 8 pm to 10 pm ranges between Rs 30,000 – Rs 35,000. The ad rate declines between Rs 20,000 – Rs 25,000 in case of leading Hindi news channels. Compared to GECs - news channels command a lesser ad rate - hence the volume of ads compensate for the lower price. According to Shashi Sinha, CEO, IPG Mediabrands India, with main industries such as automotive, retail not advertising, the volume of ads have declined on news channels. At present e-commerce platforms, electronic payment apps and banks are among the few other sectors which are actively advertising on TV, besides FMCG. Hence, broadcasters are now looking at other opportunities to cash in on the viewership rise. While some are taking smaller breaks and selling free commercial time (FCT) at a premium, others are occupying more screen space for brand endorsements. “We are creating new revenue opportunities through a series of innovative creative solutions that are being developed for clients across categories,” Times Network said in a statement. The broadcaster claims that banking, healthcare and digital are up-coming categories in advertising.

Financial Express |

MX Player signs a content deal with Paramount Pictures and Sony Pictures Television India

MX Player has inked a content deal with international studios like Paramount Pictures and Sony Pictures Television India. The move comes amidst the nationwide lockdown due to which online streaming platforms are witnessing a spike in time spent on online content. Since, the Indian film and television industry had decided to halt shoots as a preventive measure, most broadcasters have run out of fresh content. With an increase in content consumption, viewers are now shifting to over-the-top platforms to be entertained.

“Films have been an integral part of the Indian content consumption pattern and curating global content in languages and expressions they understand has always been MX Player’s vision and forte,” Mansi Shrivastav, head – content acquisitions, MX Player, stated.

With the partnership with Paramount Pictures, MX Player will now be able to provide a host of new content such as, Transformers: The Last Knight, XXX: Return of Xander Cage, G.I Joe: Retaliation, Baywatch, Jack Reacher: Never Go Back featuring leading actors like Dwayne Johnson, Mark Wahlberg, Vin Diesel to name a few. Meanwhile, through Sony Pictures Television India, MX Player will give subscribers access to Spiderman: Homecoming, Baby Driver, The Emoji Movie, The Dark Tower, Blade Runner 2049 and many more. Additionally, the content will be also available in Hindi, Tamil and Telugu.

With 280 million monthly average users (MAU) globally and 175 million MAUs in India, MX Player has emerged as the #1 entertainment app of 2019 in India, according to the annual FICCI Report- ‘The Era of Consumer A.R.T’. MX Player integrates its offline video playing capabilities with a wide library of over 150,000 hours of premium content across 10 languages. The library includes MX originals, movies, web series, TV shows, news, audio music and games. From the stable of Times Internet (the digital venture of Times of India) the streaming app stands at the seventh position in the Top Video Streaming Apps By Time Spent, worldwide according to App Annie’s report titled ‘State of the Mobile 2020’.

Everything Experiential |

Multiplex Association of India seeks waiver of rent and CAM dues

The Multiplex Association of India (MAI) has urged malls and their developers to waive rent dues and common area maintenance (CAM) charges during the lockdown.

MAI is an all India body formed under the aegis of FICCI in 2000. It is the only national multiplex trade body. It represents more than 18 regional and national multiplex chains. Its members operate more than 600 multiplexes with more than 2900 screens across the country representing around 90% of the multiplex industry in India.

In a statement MAI's President Deepak Asher said, "As compared to some other businesses, which have seen a revenue drop, multiplex revenues have overnight become zero. This has put us in a very grim situation as we struggle to meet our commitments to pay our staff salaries on time and meet our fixed overheads."

"The Multiplex Industry has been a very prominent and long-term partner to all of you and has played a critical role in the success of shopping centers and malls across the country. Though it has seen many highs and lows in our business, over the past 20 years, we have never defaulted on our commitments to pay rent and common area maintenance (“CAM”) to our partners, the mall owners. However, with ZERO revenues, we have virtually no ability to pay any rent or CAM dues or meet our other fixed overheads," the statement added.

While the lockdown may continue for the next month or two, the cinema industry will take several months (“recuperating period”) even after the lockdown is lifted, to get back to its feet, as the pipeline of content begins to flow again, and people gain the confidence to step out of their homes and start visiting crowded places like cinemas.

WARC |

Regional channels gain from shift in rules on pay TV bundling

India’s regional channels have been the big beneficiaries of shifting consumer habits in the wake of changes to the way households buy paid-for TV content.

In February 2019, the Telecom Regulatory Authority of India (TRAI) implemented the New Tariff Order (NTO), which allows households to customise the channels and bundles of channels they receive, but means they pay more for those they want to access.

For most subscribers, that has meant dramatically reducing the number of channels coming into the home – with the effect that overall time spent watching television has been hit.

A report from the Federation of Indian Chambers of Commerce and Industry and consulting firm EY points to 6% decline in the second half of 2019, Indiantelevision.com reported.

But not all genres and channels have been feeling the pain evenly.

Channels in Hindi and Tamil suffered a drop in viewing; and English channels dubbed into Hindi were among the hardest hit, with a drop of over 20% in the number of minutes they were watched.

Channels broadcasting in regional languages have been the big winners, however, seeing the largest surges in consumption and, as a result, in advertising revenue.

Viewing of channels broadcasting in Urdu, Punjabi, Bhojpuri, Marathi and Gujarati has risen by over 20%, with channels in Punjabi seeing a 48% boost in the number of minutes viewed.

Advertisers followed consumers, with the result that ad volumes for regional channels grew overall by 4%, while that for national channels fell 6% during the same period.

The change is in line with an evolution in the types of content Indian consumers are selecting across all media, according to Indiantelevision.com.

While regional content accounted for over half of TV viewership in 2019, it was also 44% of films released in cinemas, made up 43% of newspaper circulation, and around 30% of over-the-top consumption.

The FICCI report estimated that viewership of regional content would continue to grow, and would soon reach 55%, thanks largely to improvements in quality. The sector is also attracting international investment.

“India’s many regional and local-language markets offer exciting growth fundamentals for global and domestic media companies alike,” the FICCI report stated.

“However, to succeed in these regional markets, customisation is critical. Global media companies recognise this imperative and many are already producing their programming in multiple Indian languages to increase reach.”

The Hindu Business Line |

Pocket Aces' Loco upgrades product offerings, introduces game-streaming

Digital entertainment company, Pocket Aces, on Wednesday announced a product update for its gaming app Loco. The update will allow users to stream on the app, with a specific focus on gaming.

This will make Loco one of the earliest entrants in the game-streaming space in India, the company claimed in a statement.

The games that streamers on the platform are streaming include the likes of PUBG, FreeFire, Call of Duty etc, it said. The platform will continue to offer its ‘hyper-casual gaming’ and interactive trivia, where it has hosted over 2,000 quizzes with multiple branded games.

"In 2018, we launched Loco with two daily quiz shows and within a year, we expanded our services to include hyper-casual gaming. Today, users spend over 30 minutes per day on the app. As the next step in fulfilling our commitment towards building a long lasting gaming and esports ecosystem in India, we are now adding game streaming to our platform. This major update empowers gamers to entertain India and display their skills in different popular games, right from the comfort of their homes. In the coming months, we will roll-out an exciting array of new features and original gaming content,” said Anirudh Pandita and Ashwin Suresh, Founders, Pocket Aces.

Loco, in association with Fnatic will exclusively live stream #GamingForGood, a PUBG Mobile charity tournament, that will take place from April 3 to April 5 between 3 pm and 9 pm. This is an initiative taken to raise funds and help some of those affected due to the currently ongoing Covid-19 pandemic, it said.

The top 20 teams from the South Asian PUBG MOBILE circuit will compete for prizes totalling to Rs 3.5 lakh, which will be donated to charities that teams pick.

According to FICCI and Ernst & Young's report titled, 'The era of consumer A.R.T', India's online gaming segment grew 40 per cent in 2019 to reach Rs 65 billion and is expected to reach Rs 187 billion by 2022, at a CAGR of 43 per cent. There has been a significant increase in the number of online gamers, from 183 million in 2017 to 365 million in 2019.

Since its inception, Loco has seen more than 22 million gaming hours spent by users, 3 million cash prize winners and has rolled out more than 2,000 quizzes. Loco is currently available on Android and iOS platforms, and it has an engaged community of 2.2 lakh on Facebook, 1.9 lakh on Instagram and 60,000 on Twitter.

Media4Growth |

In-Cinema advertising projected to reach INR 8 bn in 2020: FICCI-EY report

According to FICCI-EY ‘s Media & Entertainment 2019 report, In-Cinema advertising has grown marginally in 2019 to reach INR7.7 billion and it is estimated to touch INR 8 billion in 2020. The report states that In-cinema advertising maintained its revenues, while physical revenues continued to fall. In 2019, the duration of on-screen cinema advertising has grown to up to 17-20 minutes per show wherein aggregators have managed over 70% of screens for advertising purposes.

The report highlights that multiplexes and advertising aggregators have started signing long-term deals with brands in comparison with earlier where brands would opt for weekly deals and extend deals depending on the success of the film, but now the brands are open to entering into 12-week deals leading to higher utilization.

Further, multiplexes are developing customized solutions and on-ground activation campaigns for brands which is boosting its revenue.

However, the report also clearly mentions that predictions may vary due to the impact of Coronavirus impact on the Media & Entertainment industry.

medianews4u |

MX Player ahead of Hotstar and Tik Tok in terms of monthly active users: FICCI 2020 report

MX Player has emerged as the #1 entertainment app in India, according to the annual FICCI Report on India’s Media and Entertainment Sector titled ‘The Era of Consumer A.R.T’. The ranking is based on apps classified under entertainment categories on iOS and Google Play. The entertainment streaming app that launched in February 2019, has dominated the market in terms of Monthly Active Users, followed by Hotstar, Tik Tok, BookMyShow, Jio TV, Amazon Prime Video, Netflix, SonyLiv, Airtel TV, and Voot.

Currently, MX Player has 280 million MAUs globally and 175 million MAUs in India.

Commenting on this honour, Karan Bedi, CEO, MX Player said, “We’re a young brand and I’m delighted that in this short time, we’ve emerged as the #1 entertainment app of 2019 in India. Our scale and penetration remain unparalleled and our aim is to keep innovating and experimenting with genres, stories, languages, characters to be able to cater to every palette, enhancing our product and making sure that users continue engaging with a fresh experience, every time they log into MX Player. Being an AVOD platform, we also offer our clients unparalleled reach across the length and breadth of India.”

India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

According to the report, total downloads among M&E categories grew 7% while total sessions grew across all M&E app categories with Entertainment growing by 31%, Music by 81% and News and Magazines by 40%. Games grew by 36% and MX Player recently added a gaming section that hosts high familiarity and easy to learn Hyper Casual Games which users can enjoy even without data or internet access, and play in a competitive format.

Staying true to the promise of providing ‘Everytainment’ – the platform is emerging as the one stop shop for all things entertainment with its best in class offline video playing capabilities, critically acclaimed Original Series, a large online streaming repository of over 1,50,000 hours of premium content including live channels and catch-up TV, audio music and gaming.

Animation Xpress |

Why is proper guidance required for an aspiring developer - explains Surya P.

The gaming industry has grown by leaps and bounds in the last decade both globally and nationally. It is currently valued at 160 billion dollars and is predicted to be valued at double its value (300 billion dollars) by 2025. In India, the number of studios increased from a mere 25 game studios to almost 300 game companies now. There are presently 2.5 billion gamers across the world and India has the highest youth population in the world which enables huge potential for the growth of the Indian gaming ecosystem.

The FICCI-EY report ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ that was recently launched found that Media and Entertainment (M&E) sector reached $25.7 billion in 2019, a growth of about nine per cent over 2018 and the online gaming segment retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million. This represents a 14x growth since 2010, when there were 25 million gamers. The online gaming segment grew 40 per cent in 2019 to reach Rs. 65 billion and is expected to reach Rs187 billion by 2022 at a CAGR of 43 per cent.

More and more enthusiasts across the country are taking up game development as a career option to cater to the burgeoning need in the indigenous ecosystem which is poised to grow in the coming years.

Says Backstage Pass Institute of Gaming and Technology Surya P., “Proper education and guidance is primary to become a game developer with an advanced skill set. The fundamentals of game development are important to make any talented student flourish and reach the top. Backstage Pass Institute of Gaming and Technology offers game development courses with in-depth concept analysis and guidance by the mentors who have years of experience in the industry.”

The institute has its branches in Pune and Bengaluru now after a decade of cementing its position in Hyderabad.

The college apparently facilitates practical learning by helping students build games under the supervision of their mentors. “A good example for why proper education and courses are needed to join the industry is, some game companies hire IT engineers and train them in a particular software, like Unity and give them positions but, these engineers will be Unity programmers but not game programmers as they do not have the fundamental knowledge to be able to program games using anything except Unity.” explains Surya.

While choosing a college for gaming education in the country can be a tricky choice, one must take all the time in their hands. They should choose a college which has specially curated courses for game development and not a course which has it partially in an overall course.

And it is also imperative for students to check if the college or institution provides guidance and pathways towards landing a job in the industry.

Says Surya, “In our decade long journey, we have interacted and built a network with the top game companies in India due to which we provide our students with excellent paid internships and job opportunities in such esteemed companies.We follow a mentorship approach which allows us to offer our students personalised supervision in their course of study by our experienced mentors”.

Like many other top institutions, the aforementioned college also strongly believes in teaching the fundamentals to each concept, whether big or small, as that builds the students’ foundation of knowledge and enhances their skillset.

While theoretical knowledge is a part of any educational course, implication of the same is of utmost importance. Only with practical usage can students learn for better, be it any field with gaming not being an exception.

Backstage Pass puts emphasis on practical learning by encouraging students to build games under the supervision of their mentors, then we market and publish these games and generate revenue which is also shared amongst the team which motivates our students to learn more and do better.

Concludes Surya, Our alumni of our early batches as well as recent batches are flourishing in the gaming Industry by becoming entrepreneurs or working for top game companies in India and abroad.”

medianews4u |

Indian Music segment grew 8.3% to reach INR 15.3 Bn in 2019; Smartphone the choice to listen music: report

Who doesn’t enjoy music? It plays an essential role in our day-to-day lives, whether we are travelling to work or when you are doing your household chores. Listening to music could simply be an ingrained habit; it could be our “go-to medicine” when anxious or stressed.

Like every year, FICCI and EY have released their flagship M&E report that is a deep-dive into the performance and growth charters of the entire industry.

According to the report, the Indian Music segment grew 8.3% to reach INR15.3 billion in 2019 and is expected to grow at a CAGR of 10% to cross INR20 billion by 2022, on the back of increasing digital revenues and performance rights.

Music Consumption

India’s average of 19.1 hours a week is higher than the rest of the world which is 18 hours a week. As per the reports, Audio streaming comprised 39% of the time spent listening to music (video, audio and radio). Consumers in India preferred to visually engage with music, with time spent on video streaming services accounting for 28% of total time spent (i.e., 5.3 hours/ week, compared to global average of 3.5 hours/ week).

Smartphone the device of choice for listening music

Smart technology has completely changed the way in which we listen to music, once upon a time we used to wait for our favorite artists to release their music CDs – but we now have more access than ever before to stream music online.

One of the major highlight in today’s day and time is that we can listen to pretty much anything, from anywhere, due to the increase in dedicated music subscriptions services, which all offer a massive library of music to the end user. Big names such as Spotify, Apple Music and Amazon music and many more.

According to the report 97% of music consumers consumed music on their smartphones while 62% consumers used social media sites or apps to listen to music or watch music videos. With 75% of the users listened to music while relaxing at home, 62% listened to music in their cars. 86% of the users in India consumed music through radio (live or on-demand) across all age groups.

Films + Music= Perfect Combination

Bollywood is known for its music; with the incorporating performances of acting, singing, and dancing. New Bollywood music which was released over the last 12-18 months was consumed by 60% of users. 53% of users listened to vintage Bollywood songs while the other top categories were regional music in Tamil,Telugu and Bengali languages.

T-Series leads the chart with the highest number of subscribers and with the highest number of video views, followed by Zee Music.

Music Monetization

OTT platforms (AVOD and SVOD) comprised 68% of total revenues, up from 54% in 2018, followed by Telco with its contribution reduced from 33% in 2018 to 18% in 2019.

Streaming: Better Data and Better Pay

In 2019, growth on streaming platforms was driven by a 20% increase in broadband penetration, a smartphone base which grew to 395 million and a significant conversion of 2G and 3G connections to 4G. Video streaming grew 37% on the back of several successful Bollywood and regional films as well as a push for independent music. However, less than two million listeners paid for music.

The Indian Express |

Net traffic surges during coronavirus lockdown, but video streaming cos may need new content to gain users

A total lockdown that has impacted most segments of the economy and the workforce, in addition to confining people to their respective homes, has proven to be bittersweet for video streaming platforms such as Netflix, Amazon Prime, Hotstar, etc. On the one hand, most of these platforms are witnessing a massive surge in traffic, on the other, a closure across the globe is likely to affect rollout of new movie and series titles on these services. Notably, experts have pointed out that originally produced content and release of new titles is what traditionally drives growth for these platforms.

“Premium, original content remains one of the biggest drivers and differentiators in the OTT (over-the-top) space with a plethora of OTT platforms competing for consumers’ attention. OTT players are investing heavily in acquiring or developing new content, new services and improved experiences,” a recent report on the media and entertainment sector by FICCI and EY noted.

According to a research note by Bank of America (BofA) Securities, app downloads of Zee5, Amazon Prime and Netflix showed a strong spike in March “as consumers look to watch content when being locked at home”.

However, similar traction was not witnessed by Hotstar, which is the mainstay for online viewing of sports events - most of which have been suspended across the globe because of COVID-19 outbreak. Hotstar also recently deferred the launch of Disney’s premium portfolio under the Disney+ brand, which would have added hours of new streamable content to Hotstar’s current library. “While Disney+ launch (expected to on 29th Mar with start of IPL) has been pushed back, we see competition picking up with the app launch given its appealing family content. Ideally, a lockdown like this could be good time to launch Disney+ as it would gain instant traction,” BofA Securities noted.

“A potential cancellation of IPL creates a huge opportunity loss for Hotstar which brings huge traction on the platform every year - some of which should be overcome on back of increased viewership due to more people watching content as they stay at home. Last year, Hotstar saw 20 million+ viewers on its platform in a single day on the day of IPL final and 300 million viewers during the season,” the research report added.

Even before the 21-day lockdown was announced by Prime Minister Narendra Modi, a number of film production houses suspended their activities as state governments were clamping down on multiplexes and movie theatres across the country.

The FICCI-EY report said that Netflix is expected to invest Rs 3,000 crore in 2019 and 2020 towards content in India “to license and create over 50 originals and shoot across more than 20 cities”. It also noted that in 2019, over 1,600 hours of original content were created for OTT platforms , which led to increased demand.

Radio and Music |

FICCI-EY report: 86% of users in India consume music through radio, 97% through smartphones

FICCI and EY have released their flagship of the media and entertainment industry. As per the report, music consumption in India is about an average of 19.1 hours a week and it is said to be higher than the rest of the world which is 18 hours a week. Audio streaming comprised up to 39% and video streaming accounting for 28% of total time spent.

The Indian Music segment grew 8.3% to reach INR 15.3 billion in 2019 and is expected to grow at a CAGR of 10% to cross INR 20 billion by 2022, on the back of increasing digital revenues and performance rights, according to the report.

Music is the medicine of the mind. It expresses that which cannot be said and on which it is impossible to be silent, it plays an important role in our lives, while traveling, jogging, relaxing, or doing household works. Music kills our stress and keeps our mind relax and smartphones have changed completely the way on how music is being consumed. Also, technology has made life easier to have access to stream music online. Now we don’t have to wait for our favorite artist to release their music in CDs.

Not only we get to listen to our favorite artists, but we can also now listen to pretty much everything, anything and from anywhere. Apps such as Spotify, Apple Music, and Amazon Music and many more helps us to access to any kind of music we like.

According to the report, 97% of music consumers consumed music on their smartphones while 62% of consumers used social media sites or apps to listen to music or watch music videos. With 75% of the users listened to music while relaxing at home, 62% listened to music in their cars. 86% of the users in India consumed music through radio (live or on-demand) across all age groups.

Bollywood is a full package of acting, singing, and dancing, it is prominently known for its music. It consumes 60% of users and 53% of users listened to vintage Bollywood songs and others listen to regional music like Tamil, Telugu, and Bengali.

T-Series has the highest number of subscribers with the highest number of video views, followed by Zee Music.

According to the report, OTT platforms (AVOD and SVOD) comprised 68% of total revenues, up from 54% in 2018, followed by Telco with its contribution reduced from 33% in 2018 to 18% in 2019.

Daily Hunt |

Indian Music segment grew 8.3% to reach INR 15.3 Bn in 2019; Smartphone the choice to listen music: report

Who doesn't enjoy music? It plays an essential role in our day-to-day lives, whether we are travelling to work or when you are doing your household chores. Listening to music could simply be an ingrained habit; it could be our "go-to medicine" when anxious or stressed.

Like every year, FICCI and EY have released their flagship M&E report that is a deep-dive into the performance and growth charters of the entire industry.

According to the report, the Indian Music segment grew 8.3% to reach INR 15.3 billion in 2019 and is expected to grow at a CAGR of 10% to cross INR 20 billion by 2022, on the back of increasing digital revenues and performance rights.

Music Consumption

India's average of 19.1 hours a week is higher than the rest of the world which is 18 hours a week. As per the reports, Audio streaming comprised 39% of the time spent listening to music (video, audio and radio). Consumers in India preferred to visually engage with music, with time spent on video streaming services accounting for 28% of total time spent (i.e., 5.3 hours/ week, compared to global average of 3.5 hours/ week).

Smartphone the device of choice for listening music

Smart technology has completely changed the way in which we listen to music, once upon a time we used to wait for our favorite artists to release their music CDs - but we now have more access than ever before to stream music online.

One of the major highlight in today's day and time is that we can listen to pretty much anything, from anywhere, due to the increase in dedicated music subscriptions services, which all offer a massive library of music to the end user. Big names such as Spotify, Apple Music and Amazon music and many more.

According to the report 97% of music consumers consumed music on their smartphones while 62% consumers used social media sites or apps to listen to music or watch music videos. With 75% of the users listened to music while relaxing at home, 62% listened to music in their cars. 86% of the users in India consumed music through radio (live or on-demand) across all age groups.

Films + Music= Perfect Combination

Bollywood is known for its music; with the incorporating performances of acting, singing, and dancing. New Bollywood music which was released over the last 12-18 months was consumed by 60% of users. 53% of users listened to vintage Bollywood songs while the other top categories were regional music in Tamil,Telugu and Bengali languages.

T-Series leads the chart with the highest number of subscribers and with the highest number of video views, followed by Zee Music.

Music Monetization

OTT platforms (AVOD and SVOD) comprised 68% of total revenues, up from 54% in 2018, followed by Telco with its contribution reduced from 33% in 2018 to 18% in 2019.

Streaming: Better Data and Better Pay

In 2019, growth on streaming platforms was driven by a 20% increase in broadband penetration, a smartphone base which grew to 395 million and a significant conversion of 2G and 3G connections to 4G. Video streaming grew 37% on the back of several successful Bollywood and regional films as well as a push for independent music. However, less than two million listeners paid for music.

Fortune India |

'All day' is the new prime time: MX Player

With whole nations in lockdown mode in view of the Covid-19 pandemic, Times Internet-owned MX Player is offering free streaming services in India and is expanding into seven new markets including the U.S., the U.K. and Australia. The company, which offers both licensed and original content and has monthly active users of 280 million globally, is the largest entertainment app in India, according to the annual FICCI-EY Report on India’s Media and Entertainment Sector.

MX Player has also launched a ‘Data Saver Mode’ (which restricts streaming on mobile devices to a lower resolution-480p instead of 1080p) to reduce broadband strain. The company said this is now the default setting on all mobile devices.

Fortune India spoke to Karan Bedi, CEO, MX Player about rising traffic on over-the-top platforms and growth opportunities in India’s OTT industry.

Edited excerpts:

What is the kind of growth that you’ve seen in the last few weeks?

With the rollout of the health advisory, many are gravitating towards digital entertainment. We are happy that our wide range of OTT offerings are helping hundreds of millions get their daily dose of entertainment. Over the past few weeks [March 16 onwards], the platform has witnessed seven times increase in time spent across genres as people are exploring web-content, especially our MX Originals that have registered a five times surge in the past 2-3 weeks. Our OTT engagement time has grown as well and DAUs (daily active users) have increased by over 35% as viewers are actively engaging in originals, shows and movies, they are also experimenting with new genres and languages. Interestingly, non-metro cities are witnessing three times more engagement than before. All-day is the new primetime now with traffic surging post 7pm. We’ve also witnessed a surge in traffic from Smart TVs that is effectively activating a newer and premium set of audiences.

Tell me something about the kind of content that people are watching.

Broadly speaking, a few things have happened. One is that there has been a large rise in overall viewership. In general, people are spending more time and watching video. The next interesting thing that has happened is that people are going towards watching more and more web-first content. At MX, a key takeaway that we are looking at is, while obviously there is a large audience that will always be interested in web content, but currently, because of the fact that people are no longer ready to go out because restaurants, malls and workplaces are starting to close down, people who were watching TV or movies, i.e. content they are familiar with, on a different platform have now also got the opportunity to watch content that they would otherwise not have the opportunity to watch- i.e. web content. That has seen a huge jump. The contribution of web-only content from the whole pie has become much more robust. People are now able to watch content that they were not so familiar with, because they have the time to explore and discover.

Would you say that mobile-only content has also gone down as people are not on-the-go anymore?

The choice of platforms is a very individual preference. In general, however, I think smart TV usage has also gone up quite significantly for us. The overall SmartTV user-base in India is quite small. This could present an opportunity for the base to grow.

A lot of events have been postponed or cancelled, do you see that overflow coming into OTT?

There are two major factors here. One is that while earlier our entertainment time was divided across different media like TV, cinema, etc. now, all of that have converged into OTT, because that is where all the content is at. Secondly, the time beyond our regular entertainment/watching time, i.e. time taken to go to a mall etc., all of such activities have come down and have got added on into entertainment time. There is a huge change in how people are spending their time at the moment. While things will surely go back to normal, at this time OTT has got a huge shot in the arm in the terms that while people were earlier reluctant to explore new genres, now they have the leisure to do that.

Are new users or the existing users that are experimenting with the video content?

Honestly, both are up. There are obviously new users on MX and on OTT as a category alone. On the other hand, the existing users who were already there, who may have come and watched one or two shows are also exploring since they have the time to. We are trying to communicate our content to the world so that people have a sense of what we offer and come and join us. So this is also an interesting time for OTT players to get new users on their platforms.

Is there any particular kind of content where you have seen a spike?

The biggest spike has come in web-series, that is the kind of content that many people are now exploring more since they have the time. Our originals are shooting through the roof. Apart from video streaming, packaged entertainment aggregators have also seen a rise.

Do you also believe linear television will also see a spike?

There are 2 or 3 differences. One is that for TV content one has to watch whatever linear content is being shown without much scope of on-demand. OTT that way has a much more wide section of content since it is a massive library and can go through whatever you want. People are changing their consumption patterns based on their preferences, for example, office workers in the corporate sectors who are working from home are now watching content in their own time. In that case, it has expanded the time people spend using our product.

Are there any measures to handle the unanticipated pressure on your servers?

For us, there is definitely one of our core areas of expertise. We are one of the few platforms that have their entire tech-stack in-house. We have done a lot of work to ensure that the amount of data used for streaming is how. But the stack is fully customised and has been created for the Indian scenario. We are doing our bit to ensure that the amount of data being used is as low as possible. There is also a very large amount of optimisation we are doing on the server-side to deal with any spike. We have a very capable tech team and are not facing any issue on that end.

Outlook |

MX Player top entertainment app in India in 2019: Report

Video streaming platform MX Player emerged as the top entertainment app in India in 2019, a new report has said.

According to the FICCI 2020 report on India''s media and entertainment sector, titled "The Era of Consumer A.R.T", the ranking was based on apps classified under entertainment categories on iOS and Google Play.

Launched in February 2019, MX Player has dominated the market in terms of monthly active users, ahead of Hotstar, Tik Tok and BookMyShow, among others.

"We're a young brand and I'm delighted that in this short time, we've emerged as the #1 entertainment app of 2019 in India," Karan Bedi, CEO, MX Player, said in a statement.

"Our scale and penetration remain unparalleled and our aim is to keep innovating and experimenting with genres, stories, languages, characters to be able to cater to every palette and enhancing our product," Bedi added.

According to the report, total downloads among monitoring and evaluation categories grew seven per cent while total sessions grew across all monitoring and evaluation app categories with entertainment growing by 31 per cent, music by 81 per cent and news and magazines by 40 per cent.

Currently, MX Player has 280 million monthly active users globally and 175 million in India.

DT Next |

MX Player top entertainment app in India in 2019: Report

According to the FICCI 2020 report on India's media and entertainment sector, titled 'The Era of Consumer A.R.T', the ranking was based on apps classified under entertainment categories on iOS and Google Play.

Launched in February 2019, MX Player has dominated the market in terms of monthly active users, ahead of Hotstar, Tik Tok and BookMyShow, among others.

"We're a young brand and I'm delighted that in this short time, we've emerged as the #1 entertainment app of 2019 in India," Karan Bedi, CEO, MX Player, said in a statement.

"Our scale and penetration remain unparalleled and our aim is to keep innovating and experimenting with genres, stories, languages, characters to be able to cater to every palette and enhancing our product," Bedi added.

According to the report, total downloads among monitoring and evaluation categories grew seven per cent while total sessions grew across all monitoring and evaluation app categories with entertainment growing by 31 per cent, music by 81 per cent and news and magazines by 40 per cent.

Currently, MX Player has 280 million monthly active users globally and 175 million in India.

Animation Xpress |

MX Player becomes the #1 entertainment app of 2019: FICCI report

MX Player has emerged as the #1 entertainment app in India, according to the annual FICCI EY Report on India’s Media and Entertainment Sector titled The Era of Consumer A.R.T.

The ranking is based on apps classified under entertainment categories on iOS and Google Play. The entertainment streaming app that launched in February 2019, has dominated the market in terms of Monthly Active Users (MAUs), followed by Hotstar, Tik Tok, BookMyShow, Jio TV, Amazon Prime Video, Netflix, SonyLiv, Airtel TV, and Voot.

Currently, MX Player has 280 million MAUs globally and 175 million MAUs in India.

Commenting on this honour, MX Player CEO Karan Bedi said, “We’re a young brand and I’m delighted that in this short time, we’ve emerged as the #1 entertainment app of 2019 in India. Our scale and penetration remain unparalleled and our aim is to keep innovating and experimenting with genres, stories, languages, characters to be able to cater to every palette, enhancing our product and making sure that users continue engaging with a fresh experience, every time they log into MX Player. Being an AVOD platform, we also offer our clients unparalleled reach across the length and breadth of India.”

India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

According to the report, total downloads among M&E categories grew by 7 per cent while total sessions grew across all M&E app categories with Entertainment growing by 31 per cent, Music by 81 per cent and News and Magazines by 40 per cent. Games grew by 36 per cent and MX Player recently added a gaming section that hosts high familiarity and easy to learn Hyper Casual Games which users can enjoy even without data or internet access, and play in a competitive format.

Staying true to the promise of providing ‘Everytainment’ – the platform is emerging as the one stop shop for all things entertainment with its best in class offline video playing capabilities, critically acclaimed Original Series, a large online streaming repository of over 1,50,000 hours of premium content including live channels and catch-up TV, audio music and gaming.

Gutshot Magazine |

FICCI-EY report claims online gaming to grow at 40% CAGR

The online gaming market has significantly grown over time. With the increased popularity of fantasy games on the back of popular sports like cricket, which grew 100% since 2018. The gaming industry is undergoing a massive evolution due to the mobile revolution. There have been over 20% growth in casual gaming because of smartphones.

A 2020 report on India’s Media & Entertainment Sector titled ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ released by the Federation of Indian Chambers of Commerce & Industry (FICCI) and consulting firm Ernst & Young (EY) claims that online gaming grew at a rapid 40% growth rate in 2020 and the total revenues generated by the sector in 2019 was INR 6,500 Crores (INR 65 billion).

The report claims that transaction-based including real money gaming contributed about INR 4,600 Crores while the remaining was contributed by casual games. There are about 36.5 Crore gamers in the country.

India’s game downloads in 2019 increased 12% over 2018 and amounted 13% of total game downloads worldwide. That means, about 5.6 billion mobile game applications were downloaded in India in 2019 which is globally the highest. Transaction-based games grew 50% in 2019, and fantasy sports games grew by 118%, while poker and rummy grew by around 30%

According to the reports, the online gaming will continue to annual growth rate of 43% over the next 3 years to become $2.5 billion industry (~INR 18,700 Crores) and would account for over 40,000 direct jobs in the country. The FICCI-EY report, which was supposed to be unveiled at the FICCI Frames event this month, was released digitally due to the cancellation of the event in light of the Coronavirus crisis.

Junglee Games CEO Ankush Gera said, “The skill gaming industry, with close to a billion dollars in annual revenues on the backbone of Rummy and Fantasy Sports, is one of the fastest growing digital verticals in India, already seeing close to 100percent year-on-year growth. This industry will continue to beat all projections. Gaming is the opportunity for a billion screens in India and it has fully arrived.”

Spartan Poker founder and managing director Amin Rozani , “There has been an upward trend in the growth of poker in India, especially over the past 2 years and we believe this will continue going ahead with great value offerings and top-notch customer service driving the way.”

Best Media Info |

Share of viewership and ad volume of news genre set to grow further in 2020, Ashish Pherwani of EY

The FICCI EY 2020 report says television ad spends grew by 5% in 2019. However, the spends reduced towards the end of the year due to the economic slowdown. The Hindi regional news genre saw the highest increase in new advertisers with 121 new advertisers.

Call for entries open for BuzzInContent Awards 2020

According to the report, national channels witnessed a 6% fall in ad volumes, while regional channels received 13% more advertising compared to national channels. Another interesting insight from the report says viewership of HD channels increased by 56% post NTO. Broadcaster revenue increased by 10-15% in 2019, the report said.

On how the television industry would be affected because of the Covid-19 crisis, Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, said if the lockdown continues for a month or two, the industry will see flat growth. “If this is curtailed within two months you would see a drop of 10-12%; if the curbs continue for three months, you could see a 25% drop,” he added.

He said broadcasters are looking for interesting measures to deal with the situation as the curbs continue. “Interesting insights are coming from broadcasters, some are saying they will weave their content, some are looking at UGC-related solutions. We are also seeing people talk about reweaving nostalgia; interesting insights are coming from GEC channels, and we will see how the impact rolls out,” he added.

Pherwani said news channels will grow in 2020 as the crisis continues. “News channels should grow, even last year with elections and so many events, the share of news viewership went up from 7.3% to almost 9%. This year is turning out to be more different, unfortunately, it's bad news but it’s still news. Therefore you will see the growth,” he said.

The share of ad volume of Hindi news genre grew by 1% to reach 6% of overall TV advertising volume in 2019.

He said the evolving Covid-19 situation would also affect the demographics of television and OTT viewership. “Once the quantum of fresh content moves, you will definitely see a shift in content consumption. With kids being at home and learning from home, you could see a lot more children getting familiar with these kinds of techniques,” he said.

Asked how will the OTT industry be affected, he said the medium will gain as you might see ‘Digi-first’ movie releases. “Films produced by small entities and where they would face cash flow issues may actually end up releasing on streaming platforms first. It’s a good chance to enhance the library online,” he said.

“The coronavirus outbreak will have a significant adverse impact on the sector as the situation is still evolving both in India and many parts of the world. The scale of the impact cannot be estimated immediately,” said Pherwani.

The implementation of the New Tariff Order (NTO) could impact subscription-based revenues, says the FICCI-EY report 2020. The report says there will be degrowth of -4% to -2% in 2020. “If NTO 2.0 is strictly implemented, then you could actually see up to 4% reduction in the end prices the customers paid for their television subscription,” said Pherwani.

He said if broadcasters add channels to the packs and keep a check on prices, it could lead to 1-2% growth in revenues.

The report says the end prices for customers grew by 25% after NTO was implemented in February 2019.

The report also says regional channels were the least affected due to NTO and niche and English language channels were the most impacted. The English viewing audience moved to affordable OTT platforms, suggests the report. According to the report, 85% of subscribers opted for DPO designed packages.

Talking about the impact of NTO 2.0 on regional channels, Pherwani said they won’t be affected. “I think English specifically got very severely impacted due to the NTO. Almost a 40-50% drop in reach in 2019. Regional on the other hand was the least affected because people love consuming content in their languages. I don’t see a significant impact; in fact, you might see a regular growth happening on the regional side,” he said.

Television Post |

NTO 2.0 implementation could have an impact of Rs 1500-2000 cr on TV segment revenues: Report

The Telecom Regulatory Authority of India‘s (TRAI) new tariff order (NTO) 2.0, which is currently sub-judice, could have an impact of Rs 1500 to Rs 2000 crore on TV segment revenues in the event that demand does not increase, according to FICCI-EY 2020 report.

According to the report, applying a cap on the discounting of prices could result in the closure of weaker and niche channels and consequent loss of jobs. It further stated that reducing prices of channels that can form part of a bouquet could bring down end-customer bouquet prices and increase choice.

Further, the reduction of network capacity fee (NCF) in multiple TV homes is something that has already been implemented by some DPOs, though it can impact revenues by Rs 500 crore, as per EY estimate. However, it added that reduction in multiple TV NCF, bouquet prices, and longterm package discounts can bring back some of the lost TV subscriptions

According to NTO 2.0, the sum of the a-la-carte rates of the pay channels forming part of a bouquet shall in no case exceed one and half times the rate of the bouquet of which such pay channels are a part; and the a-la-carte rates of each pay channel, forming part of a bouquet, shall in no case exceed three times the average rate of a pay channel of the bouquet of which such pay channel is a part.

Further, the ceiling price of a pay channel for inclusion in the bouquet has been reduced from Rs 19 to Rs 12. The number of bouquets of pay channels not to be more than the number of pay channels offered by a broadcaster.

Increasing the number of SD channels that can be provided within the NCF of Rs 130 per month from 100 to 200 and capping the NCF for more than 200 SD channels at Rs 160 per month.

The report also estimated that active paid subscriptions reduced by 26 million in 2019. Total subscription paid for television in India by viewers increased by 7.5% in 2019, despite a fall in active paid subscriptions, on account of higher ARPUs.

It expects the subscription base for traditional unidirectional television services (cable, DTH, HITS) to keep growing as penetration levels increase over the next few years.

The report noted that the strict implementation of the NTO 2.0 could result in an up to 4% fall in subscription income at end-customer prices in 2020; however, there would be a marginal growth of up to 2% in the event that bouquet size, pricing and channel mix change.

On the reduction in paid subscriptions, the report noted that Households with multiple television connections, which used to benefit from much lower rates for the second and third television sets, rationalised their subscriptions as the NCF was charged at full rates for their additional television sets. It estimates that this could have impacted up to three million connections.

Secondly, viewers – particularly English language viewers – may have been provided with the impetus to move to OTT platforms which became relatively more affordable post the NTO and provided the additional benefit of any time viewing without ads; we estimate this could have led to around 3-4 million subscribers.

The FreeDish has also grown at the expense of pay-TV platforms. FreeDish grew its user base as price-sensitive consumers activated paid subscriptions only during events or holidays, or watching key programs on low cost and free bundled OTT services. The report estimates that this could have been up to 5 million subscriptions.

The piracy of television feeds and the increase in end-customer prices could have given this a further boost, impacting up to 10 million pay subscriptions.

The report stated that there has been growth both at the top end and bottom of the television viewer pyramid. Substantial growth took place in smart television set sales due to price reductions; industry discussions indicate 4 to 5 million connected smart TVs in India, up from less than 2 million in 2018.

It expects connected smart TV sets to reach 14 million by 2022.

FreeDish, the report stated, continued to grow and has become a second set-top box within the home, used when there are no large events on television in some cases. “We estimate FreeDish to have grown to 38 million homes in 2019 End-customer prices increased.”

The end-customer prices grew by over 25% on average to cross Rs 225 net of taxes, the report stated. While packs were created by DPOs combining channels from different broadcasters, there was little scope for discounting, it added.

Industry discussions indicate that over 85% of subscribers opted for DPO designed packages, but slowly this number is reducing as subscribers start to opt for channels they require and let go of channels they do not watch. DPOs implemented different strategies for the NCF for additional TV subscriptions, with some charging it at full price while others provided a discounted rate.

media4growth |

OOH to reach Rs 46bn level in 2022 from Rs 39.1bn in 2019: FICCI-EY M&E Report

The just released FICCI-EY Media & Entertainment report entitled ‘The era of consumer A.R.T.’ cites that India’s media and entertainment industry reached the size of Rs 1.82 trillion in 2019, growing at 9% over the previous year. The acronym A.R.T., in its expanded form being Acquisition, Retention and Transaction’, typifies the industry’s multi-fold engagements with consumers.

Ashish Pherwani, M&E Sector Leader, EY India in his foreword to the report states, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income all increased in 2019. Consequently, driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself.”

The forecast is for the M&E industry to reach the size of Rs 2.42 trillion (US$34 billion) by 2022 at a CAGR of 10%. OOH reached the size of Rs 39.1 billion in 2019 and is forecasted to grow to Rs 41.3 billion in 2020, Rs 46 billion in 2022.

In 2019, traditional media accounted for 54% of total OOH revenues, transit 39% and DOOH 2%.

The OOH growth in 2019 was powered by airport advertising, Metro station naming rights, and the Indian Railways’ push to drive non-fare revenue growth, says the report. The growth was assessed on the basis of coverage of traditional, transit and digital media, but excludes untracked OOH media such as wall paintings, ambient media, proxy advertising, etc. which could added up to an additional Rs 10-15 billion.

The report cites that DOOH contributed 2% of total OOH revenues (Rs 1 billion) and is forecast to grow at a CAGR of over 33% to reach Rs 2 billion by 2022.

Top spending categories in OOH

OTT category emerged as the leading spending category in 2019 in the OOH space, whereby various players used the medium for different launch promotions. Other top spending categories were real estate, FMCG, financial services and media. The top 5 categories contributed 65% of OOH spends.

Transit media

Continuing its pace, the transit sector is set to grow from 39% in 2019 to 44% in 2020 of the total segment. Railway media accounted for about Rs 10 billion OOH revenue in 2019. Transit media is expected to be driven by new Metro rail expansions, new airport routes and new airports, bus shelter/terminal development, etc.

Looking ahead

The report says that aggregation of location-based data along with opportunity-to-see data are marking a change in how OOH is purchased. Platforms will likely emerge to automate and simplify the process of serving the demand from local and regional advertisers, providing them with options on OOH as well as geo-targeted digital inventory, as media owners become agencies providing 360-degree solutions across digital and OOH.

India has over 100 direct-to-customer brands that require physical presence hence OOH partnerships will benefit these brands and could expect equity for space deals in this space.

DOOH networks will be connected to large ad platforms to fill up inventory and it is possible that consolidation could take place within two to three years in media owners. There is also an opportunity for technology companies to provide services like design, scheduling, traffic, invoicing, payment management, etc. for international DOOH companies out of India.

The report also clearly states that the findings were established before the COVID-19 outbreak. Accordingly, estimates for CY2020 provided in the report have not been updated basis the impact of the coronavirus fallout. The forecasts will be revised going forward.

Adgully |

COVID-19 effect: 2020 estimates for M&E all askew; drop could be as high as 20-25%

The COVID-19 pandemic has thrown out of gear all 2020 predictions for various industry sectors. Last week, FICCI-EY launched its annual report for the M&E industry. Titled ‘The Era of Consumer A.R.T - Acquisition, Retention and Transaction’, the report reveals that the M&E industry grew by 9 per cent in 2019 to become a ₹1.82 trillion industry. The report also predicts that the M&E industry is expected to reach ₹2.42 trillion (US$34 billion) by 2022 at a CAGR of 10 per cent.

The COVID-19 crisis and the resultant lockdown across the country has started impacting the economy. The global economy is now entering recession, IMF chief Kristalina Georgieva declared last week. Ad spend projections are being revised globally, and India is no exception. The M&E industry, too, is facing challenging times.

In response to Adgully’s question, Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, admitted that there would significant revisions in the projections that were given for 2020. According to Pherwani, “If the lockdown continues for the whole of April, we might look at a flat year ahead. There is also a possibility of a 10-12% drop for the M&E industry if the lockdown continues beyond April, while if the current scenario continues for more than 3 months, then the drop for the M&E industry could go up to 20-25 per cent.”

At the same time, he cautioned that these are very rough estimates and added that the situation will become clearer in the coming weeks. However, if the crisis continues unabated, then these just might be the numbers that the industry could be staring at by the end of the year.

COVID-19 effect on Movies & Entertainment

With cinema halls shut down, the movie industry has also been hit. Though estimates aren’t available currently, but looking at the big-ticket releases that have missed their launch dates, including ‘Sooryavanshi’ and ‘83’, Bollywood’s loss will be significant. Regional film industry is also in for a period of loss.

Television and digital could be the next launch platform for fresh movie releases amid the COVID-19 crisis. As stated by Pherwani, “Especially the small budget movies might consider a release on TV or digital platforms. On the other hand, the bigger budget movies could afford to hold back their movies during this time.” There could be a disruption happening in the movie distribution space as well.

Also, along with movies, all production work for TV and OTT has come to a grinding halt. Thus, these mediums are looking at a situation where they will soon run out of fresh content. In such a situation, Pherwani said that innovation would be the name of the game.

GECs are gearing up with moves such as repurposing OTT content for TV, and are also banking on the nostalgia factor by airing popular old serials. Already, Doordarshan has started airing mythological behemoths of the 90s – ‘Ramayan’ and ‘Mahabharat’. It will also air Shahrukh Khan’s TV series ‘Circus’ and ‘Byomkesh Bakshi’.

More movie premieres are also expected on TV channels in the coming days. It is also possible that production houses might create content from home, like a YouTube producer, and broadcast it on TV.timates for M&E all askew; drop could be as high as 20-25%

Glaws |

FICCI-EY report claims Online Gaming to grow at 40% CAGR, reach Rs. 18,000 crores in 2022

A 2020 report on India’s Media & Entertainment Sector titled ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ released by the Federation of Indian Chambers of Commerce & Industry (FICCI) and consulting firm Ernst & Young (EY) claims that online gaming grew at a rapid 40% growth rate in the year 2020 and the total revenues generated by the sector in the year 2019 was Rs. 6,500 crores (Rs. 65 billion).

The report further claims that out of the Rs. 6,500 crores garnered by the online gaming industry in 2019, transaction-based (including real-money) gaming contributed about Rs. 4,600 crores, while the remaining was contributed by casual games. The total number of gamers in the country are pegged by the report to be around 36.5 crores (365 million).

EY also estimated that amongst various categories of real-money gaming, fantasy sports grew by over 100% in 2019, while poker and rummy grew by around 30%.

The report further forecasts that online gaming would continue to see robust compounded annual growth rate of about 43% over the next 3 years to become a US$2.5 billion dollar industry (about Rs. 18,700 crores) and would account for over 40,000 direct jobs in the country.

It is also reported that the total indirect tax contribution of the online gaming industry in 2019 was estimated to be around 9,800 crores, with the 2022 estimates pegged at around Rs. 28,600 crores.

The FICCI-EY report, which was supposed to be unveiled at the flagship FICCI Frames event this month, was released digitally due to the cancellation of the event in light of the Coronavirus crisis.

The report adds a caveat that its estimates and forecasts have not accounted for the economic impact and disruption caused due to the Coronavirus pandemic.

Animation Xpress |

FICCI: Online gaming sector expected to reach Rs 187 billion by 2022 at a CAGR of 43 per cent

The FICCI-EY report ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ that was recently launched found that Media and Entertainment (M&E) sector reached $25.7 billion in 2019, a growth of about nine per cent over 2018 and the online gaming segment retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million. This represents a 14x growth since 2010, when there were 25 million gamers. The online gaming segment grew 40 per cent in 2019 to reach Rs. 65 billion and is expected to reach Rs187 billion by 2022 at a CAGR of 43 per cent.

Online gaming growth was also enabled by:
  • Increased popularity of fantasy games on the back of popular sports like cricket, which grew over 100 per cent since 2018
  • Incentive to win money in transaction-based games coupled with a more pervasive mobile payments ecosystem
  • Growth of over 20 per cent in casual gaming on mobile phones
  • Online gaming in India is projected to grow faster than the global online gaming segment
  • Gaming contributed nearly 6 per cent of time spent by users across content categories on mobile devices
  • Women spent similar time on gaming applications as compared to men in India. Casual games that promoted relaxation, fun and connection were more popular with women, while competitive gaming also witnessed an increase in women participants
  • By 2022, the estimated number of employees within the online gaming segment would be over 40,00011
  • The online gaming segment also has the potential to bring in massive employment, through direct and indirect jobs that can be generated from ancillary sectors such as telecommunications, marketing, financial services and banking, technology, events and real estate
  • Indirect tax collection from online gaming for 2019 could be in excess of Rs 9.8 billion, rising to Rs28.6 billion by 202213, apart from direct taxes
  • India’s game downloads in 2019 increased 12 per cent over 2018 and amounted to 13 per cent of total game downloads worldwide
  • In 2019, 5.6 billion mobile game applications were downloaded in India which is the highest worldwide.
  • However, app store revenue from India was only 0.2 per cent of the global app store revenue
  • Time spent on gaming ranked fifth highest on mobile devices
  • Transaction-based games grew 50 per cent in 2019, led by fantasy sport games which grew by 118 per cent
FICCI conducted online gaming survey with 1,266 smartphone owning adults and the key findings are as follows:
  • There has been 10 per cent increase in number of players compared to 2018 earlier 67 per cent of smartphone users played games and this year it has increased to 77 per cent.
  • Among 59 per cent enjoying games as mode of entertainment whereas 31 per cent believes it acts as a stress reliever and 10 percent have other reasons to play games
  • Number of in app purchases have also increased by 10 per cent as 15 per cent are willing to pay for in-app purchases.
  • 74 per cent are ok to watch ads rather than pay to play which has increased from 70 per cent compared to 2018.
  • 28 mins average time spent by users in gaming as most played between 15 to 30 mins a day and 76 per cent of the audience play twice a day
  • 58 per cent prefer gaming post dinner time and 35 per cent prefer while travelling.
  • For gaming 73 person preferred mobile devices while 14 person prefer large screens
Choice of games :
  • People are preferring racing games(41 per cent), casual games(47 per cent), action and strategy games (61 per cent), and puzzels(44 per cent) as well.
  • 46 per cent have played multiplayer games and 35 per cent have played fantasy sports
  • 55 per cent have played games recommended by their friends and 43 per cent played popular games from the app store.
Global trends in gaming

According to the report here are the possible global trends can be predicted,they are as follows:

Legal sports gambling goes mainstream

Following the US Supreme Court’s decision of removing the Professional and Amateur Sports Protection Act in 2018, casinos, media companies, sports leagues, online gambling operators, fantasy sports start-ups and software providers have emerged as early winners in the market. Specifically, gaming operators have been ironing out massive contracts between professional sports leagues and individual teams which appear to be quite lucrative. Since the first legalization of sports betting, further legislation to authorize sports betting has passed in 13 states. Five more states and the District of Columbia are poised to start legal markets in the coming months, and similar bills are being considered in many other states.

Cloud gaming takes off

After mobile gaming expanded the market by making games accessible to billions of people across the globe (it remains the largest segment in 2019), cloud gaming offers a similar huge potential. Cloud gaming, in which any game can be played on any device without the consumer having to own the physical hardware required to process the game, presents a significant opportunity to expand the market for premium games beyond the current console and PC audience. Major gaming brands are looking for new ways to deliver gaming and are unveiling cloud gaming platforms. Faster internet along with 5G makes the technology feasible in more markets .

Cross-platform gaming becoming mainstream

With gaming publishers competing to expand their markets and potential audience, they are looking to create games that are played on a wide range of devices/platforms. Going forward, gamers are likely to focus more on which games they play and with whom and less on which devices they own. Players who enjoy playing with friends do not need to own the same gaming platform, be it PlayStation, Xbox, or PC, and so on.

Significant use of data analytics

Sports organisations must actively engage their different fan segments both inside and outside the game venue — they need to be agile, flexible and able to evolve their offerings. Data analytics offers the ability to give fans an exceptional experience, by getting the right content to individuals at the right time. Allowing real-time interaction and engagement, by creating relevant, consistent and personalized content helps establish a deeper connection with fans. During the game, viewers have the possibility to access instant replays, alternate views and closeup videos, vote for their favorite player, bookmark and comment. Data analytics is also used to improve public attendance and event monitoring, fine tune players, team playbooks, game plans and even to kickstart sales and promotions. Performance analytics is being used to identify weaknesses, track improvements and observe trends. Analytics is also helping professional sports teams prevent sports injuries by analyzing the data collected from wearable devices.

Moving forward what will be the gaming scene?

Here is a highlight on how the gaming scene of India will be according to the gaming experts:

Skill-based games to expand more

Nazara Technologies CEO Manish Agarwal says: “Skill Based Games played for real money + Competitive multiplayer + eSports will drive the overall gaming market going forward”. Moving on the same track All India Gaming Federation CEO Roland Landers said “ Online Real Money Skill Gaming (RMG) Industry is now poised to grow exponentially owing to the rise in digitally rich consumers and financial inclusion. The Industry needs rational taxation, both on methodologies and rates based on International best practices and endorsement of the AIGF self-regulation charter that governs stakeholders, so that businesses continue to expand and attract investments.” Junglee Games CEO Ankush Gera expects “The skill gaming industry, with close to a billion dollars in annual revenues on the backbone of Rummy and Fantasy Sports, is one of the fastest growing digital verticals in India, already seeing close to 100percent year-on-year growth. This industry will continue to beat all projections. Gaming is the opportunity for a billion screens in India and it has fully arrived.”

Digital interaction supported gameplay preference will increase

Amid the global lockdown due to coronavirus where people are practicing social distancing digital interaction is the only option left people are enjoying gaming as it also open avenues to interact with dear ones. Therefore Khel Group co-founder Nitesh Damani says, “The idea of ‘Lone Gamer’ is not true any more. A lot of gaming and a lot of interaction is no longer physical; it’s all digital and at a distance. I think there’s been this rediscovery of the joy of playing with people around the table.”

Poker possibilities in India

According to Spartan Poker founder and managing director Amin Rozani , “There has been an upward trend in the growth of poker in India, especially over the past 2 years and we believe this will continue going ahead with great value offerings and top-notch customer service driving the way.”

Adda52 CEO Naveen Goyal “Poker is a mind sport, played responsibly to learn life skills, probability and business. Gaming can take one to success in multiple facets of life.”

Multiplayer games and casual games to follow the trend

India Game Developer Conference Convenor Rajesh Rao says , “While real money gaming continues to grow rapidly, success of PUBG shows people’s propensity to spend on multiplayer games and casual should follow. With India’s per capita income being around 1/5th of China, it wouldn’t be unreasonable to forecast a games market 1/6th of China, after adjusting for lower disposable income in India… This would mean a India market in the US$4-US$7 billion range.”

10x increase in pay to play will open new avenues

Octro CEO Saurabh Aggarwal says, “India Gaming just levelled up. The 10x increase in the number of people willing to pay in games is an indication of the great things to come.”

Gaming next level

Pocket Aces co-founder Anirudh Pandita says “Globally, gaming has become a centerpiece of the consumer entertainment experience today with US gaming industry revenues now outpacing Hollywood box office receipts and approaching TV revenues. In India, increasing smartphone penetration along with cheap data is fuelling growth in gaming. Big beneficiaries have been hardcore games and gaming platforms. We are at the beginning of a secular trend that will continue for a while and will result in the formation of a gaming, game streaming, and esports ecosystem.

PokerStars India India CEO Ankur Dewani also believes that “India is perhaps one of the most exciting countries to be in for the next few decades, and we are all extremely proud and happy to be part this journey in our country’s growth phase, and in that hopefully bringing about a positive change for our industry along the way!”

As the online gaming sector gained a steady pace in the digital age India’s plan in becoming the hub of online gaming continues

Yahoo News |

The M&E industry clocked in Rs 1.8 trillion in 2019: FICCI-EY report

The Indian media and entertainment (M&E) industry recorded a rise of 9% to Rs 1.8 lakh crores in 2019 as opposed to Rs 1.6 lakh crores in 2018, according to the latest FICCI-EY report. Titled, 'The era of consumer A.R.T', the report, which was collated before the advent of coronavirus in India, expects the sector to reach Rs 2.42 lakh crores by 2022 at a CAGR of 10%, while is unclear on the projection for 2020. "If the lockdown and theatres and film and serial production shut down lasts for a month or two, the industry will see a year of flat growth. However, if it goes beyond that time period, the industry will actually see a decline in revenue from 2019," Ashish Pherwani, partner and media and entertainment leader, EY India, said.

For Pherwani, while TV subscription grew 7% to Rs 46.8 thousand crores in 2019, it could incur anywhere between -4% – 2% of degrowth/growth in 2020 due to new tariff order (NTO) 2.0. Additionally, the government’s edict of 21 days of lockdown, wherein everything from theatres to production of film and serials have been shut, has also impacted the M&E industry. As a result of the lockdown, the general entertainment channels (GEC) will soon run out of fresh content to provide the viewers with. According to Pherwani, the GEC broadcasters are looking for new avenues to retain their viewers. "From repurposing OTT content to the TV, repackaging nostalgia by bringing back old shows to maybe introducing user-generated-content (UGC) to the TV, broadcasters are thinking of everything to entertain their viewers," he added.

In 2019, the TV industry grew 6.5% to Rs 74 thousand crores with GECs and movie channels leading the viewership with 74%, as per the report. The news genre witnessed nearly a 9% growth of total viewership because of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and general elections. Cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup. However, this year, while the news genre continues to see a growth, sports viewership will be impacted due to coronavirus as the outbreak has resulted in major sporting events being either postponed. For instance, Indian Premier League (IPL) which was scheduled to begin from March 29, has been postponed.

As for digital media, the report claims that it grew by 31% to Rs 22.1 thousand crores in 2019 and as per Pherwani, the medium will witness a high growth this year due to coronavirus. In 2019, digital advertising grew 24% to Rs 19.2 thousand crores driven by increased consumption of content on digital platforms and marketeers' preference to measure performance. Subsequently, pay digital subscribers crossed one crore for the first time as sports and other premium content were put behind a paywall, enabling subscription revenue to grow 106% to Rs 2,900 crores. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers rose 33% while news consumers increased by 22%.

According to the report, the Indian film segment grew 10% in 2019 to reach Rs 19.1 thousand crores driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed Rs 115 thousand crores with gross Box Office collections for Hindi films at Rs 4,950 crores-the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to Rs 2,700 crores despite more films being released abroad primarily as films with superstars didn't perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach Rs 1,600 crore.

In 2020, the film industry stands to lose anywhere between Rs 300 crore – Rs 400 crore every weekend. The big budget films will eventually be released and will be able to minimise its loss, however the tier 2 films will lose out on release windows. "Due to this, more movies will be released on the digital platforms. Films which were not getting a satellite-cable deal, will get a deal now because broadcasters need fresh content," Pherwani stated.

Exchange4Media |

M&E industry grew 9% in 2019: FICCI-EY report 2020

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, registering a growth of 9% as compared to 2018, states the FICCI EY report - ‘The era of consumer A.R.T. – Acquisition Retention and Transaction’.

With its current trajectory, the M&E sector in India is expected to cross Rs 2.4 trillion (US$34 billion) by 2022, at a CAGR of 10%.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24% of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89% of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31% growth in the number of online gamers to reach around 365 million.

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said: “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models.”

Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, said, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization.”

“The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” he added.

The key findings of the report are as follows:

Television: The TV industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5%. TV advertising grew 5% to INR 320 billion while subscription grew 7% to INR 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20% in certain cases. General entertainment and movie channels led with 74% of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost 9% of total viewership, up from 7.3% in 2018. In sports cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup.

Print: Despite a 3% revenue degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2% to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell 5% to Rs 206 billion in 2019 as AdEX volumes fell by 8%. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Digital media: In 2019, digital media grew 31% to reach Rs 221 billion and is expected to grow at 23% CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24% to INR 192 billion driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106% to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers by 33% and news consumers by 22%.

Films: The Indian film segment grew 10% in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed Rs 115 billion with Gross Box Office collections for Hindi films at Rs 49.5 billion – the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to Rs 27 billion despite more films being released abroad primarily as films with superstars didn’t perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Mergers and Acquisitions in M&E: While the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63%.

Financial Express |

The M&E industry clocked in Rs 1.8 trillion in 2019: FICCI-EY report

The Indian media and entertainment (M&E) industry recorded a rise of 9% to Rs 1.8 lakh crores in 2019 as opposed to Rs 1.6 lakh crores in 2018, according to the latest FICCI-EY report. Titled, ‘The era of consumer A.R.T’, the report, which was collated before the advent of coronavirus in India, expects the sector to reach Rs 2.42 lakh crores by 2022 at a CAGR of 10%, while is unclear on the projection for 2020. ”If the lockdown and theatres and film and serial production shut down lasts for a month or two, the industry will see a year of flat growth. However, if it goes beyond that time period, the industry will actually see a decline in revenue from 2019,” Ashish Pherwani, partner and media and entertainment leader, EY India, said.

For Pherwani, while TV subscription grew 7% to Rs 46.8 thousand crores in 2019, it could incur anywhere between -4% – 2% of degrowth/growth in 2020 due to new tariff order (NTO) 2.0. Additionally, the government’s edict of 21 days of lockdown, wherein everything from theatres to production of film and serials have been shut, has also impacted the M&E industry. As a result of the lockdown, the general entertainment channels (GEC) will soon run out of fresh content to provide the viewers with. According to Pherwani, the GEC broadcasters are looking for new avenues to retain their viewers. “From repurposing OTT content to the TV, repackaging nostalgia by bringing back old shows to maybe introducing user-generated-content (UGC) to the TV, broadcasters are thinking of everything to entertain their viewers,” he added.

In 2019, the TV industry grew 6.5% to Rs 74 thousand crores with GECs and movie channels leading the viewership with 74%, as per the report. The news genre witnessed nearly a 9% growth of total viewership because of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and general elections. Cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup. However, this year, while the news genre continues to see a growth, sports viewership will be impacted due to coronavirus as the outbreak has resulted in major sporting events being either postponed. For instance, Indian Premier League (IPL) which was scheduled to begin from March 29, has been postponed.

As for digital media, the report claims that it grew by 31% to Rs 22.1 thousand crores in 2019 and as per Pherwani, the medium will witness a high growth this year due to coronavirus. In 2019, digital advertising grew 24% to Rs 19.2 thousand crores driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. Subsequently, pay digital subscribers crossed one crore for the first time as sports and other premium content were put behind a paywall, enabling subscription revenue to grow 106% to Rs 2,900 crores. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers rose 33% while news consumers increased by 22%.

According to the report, the Indian film segment grew 10% in 2019 to reach Rs 19.1 thousand crores driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed Rs 115 thousand crores with gross Box Office collections for Hindi films at Rs 4,950 crores – the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to Rs 2,700 crores despite more films being released abroad primarily as films with superstars didn’t perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach Rs 1,600 crore.

In 2020, the film industry stands to lose anywhere between Rs 300 crore – Rs 400 crore every weekend. The big budget films will eventually be released and will be able to minimise its loss, however the tier 2 films will lose out on release windows. “Due to this, more movies will be released on the digital platforms. Films which were not getting a satellite-cable deal, will get a deal now because broadcasters need fresh content,” Pherwani stated.

Financial Express |

Media & entertainment sector grew 9% in 2019: EY-FICCI report

The Indian media and entertainment (M&E) sector touched Rs 1,82,000 crore in 2019, registering growth of nearly 9% over 2018, revealed an EY-FICCI report released on Friday.

The report stated that digital media overtook filmed entertainment to become the third-largest segment of the M&E sector in 2019, the first two being television and print, respectively. Analysts attributed the growth in the digital sector to the success of subscription-based business models and to India’s attractiveness as a content production and post-production destination.

In 2019, digital media grew 31% over 2018 to reach Rs 22,100 crore and is expected to touch Rs 41,400 crore by 2022, growing at a CAGR of 23% - advertising in the space increased 24% touching Rs 19,200 crore as more people consumed content on digital platforms. Digital advertising commanded 24% of the total sectoral pie. India has an estimated 68.8 crore internet subscribers and nearly 40 crore smartphone users, analysts said in the report. Paid digital subscribers crossed 1 crore for the first time as sports and other premium content were placed behind a paywall. Subscription revenues, thereby, rose by a whopping 106% in 2019 compared to the previous year to reach Rs 2,900 crore.

Television advertising grew 5% to Rs 32,000 crore in 2019 while subscription revenues increased 7% to Rs 46,800 crore compared to 2018. Analysts noted that television as a medium will continue to be the largest earner of advertising revenues even in 2025, touching as much as Rs 57,000 crore.

Online gaming retained its position as the fastest-growing segment on the back of transaction-based games, primary fantasy sports, the report said. Online gamers stood at an estimated 36.5 crore as of 2019.

The report, however, did not factor in the impact of coronavirus on the industry. “The coronavirus outbreak will have a significant adverse impact on the (M&E) sector, the situation is still evolving in India and many parts of the world. The scale of the impact cannot be estimated immediately,” said Ashish Pherwani, partner and M&E leader at EY India.

The Times of India |

Media, entertainment sector in India to cross Rs 2.4 lakh crore by 2022

The Media and Entertainment (M&E) sector in India is expected to cross Rs 2.4 lakh crore ($34 billion) by 2022, with an annual growth rate of 10 per cent mainly driven by rapid proliferation of mobile access, according to a report.

The M&E sector in India grew by 9 per cent to reach Rs 1.82 lakh crore ($25.7 billion) in 2019, according to the FICCI EY report 'The era of consumer A.R.T. – Acquisition Retention and Transaction,' launched on Friday.

With its current trajectory, the M&E sector in India is expected to cross Rs 2.4 lakh crore ($34 billion) by 2022, at an annual growth of 10 per cent, the report said.

“However, the coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” EY India partner and M&E leader Ashish Pherwani told reporters.

This report was developed through primary and secondary research, discussions with several companies and industry stakeholders and cross referencing of available data points.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third-largest segment of the sector.

Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continued to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post production destination.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide.

With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption.

India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019, Pherwani said.

The report revealed that the TV industry grew from Rs 74,000 crore to Rs 78,800 crore in 2019, a growth of 6.5 per cent.

TV advertising grew 5 per cent to Rs 3.2 lakh crore while subscription grew 7 per cent to Rs 46.8 lakh crore. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases.

General entertainment and movie channels led with 74 per cent of viewership, it added.

The news genre witnessed a growth to almost 9 per cent of total viewership, up from 7.3 per cent in 2018.

In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Despite a 3 per cent revenue degrowth at Rs 29,600 crore, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2 per cent to Rs 9,000 crore as newspaper companies tactically increased prices in certain markets.

Meanwhile, in 2019, digital media grew 31 per cent to reach Rs 22,100 crore and is expected to grow at 23 per cent annually to reach Rs 41,400 crore by 2022.

Digital advertising grew 24 per cent to Rs 19,200 crore driven by increased consumption of content on digital platforms and marketeers' preference to measure performance.

SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall.

Consequently, subscription revenue grew 106 per cent to Rs 2,900 crore.

Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent, it added.

The Hindu Business Line |

Media and entertainment sector grew about 9%, says FICCI-EY report

The Indian Media and Entertainment (M&E) sector grew about 9 per cent to reach ₹1.82 trillion ($25.7 billion) in 2019, and, with an annual 10 per cent growth, it is expected to cross ₹2.4 trillion ($34 billion) by 2022.

The sector continues to grow faster than GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination, according to a FICCI-EY report.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third-largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend, the report, The era of consumer A.R.T. – Acquisition, Retention and Transaction, which was launched today, said.

“Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalise on the rise in media consumption. Global players are recognising the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models,” Uday Shankar, Vice-President, FICCI and Chair, FICCI Media and Entertainment Division, said.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games, mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

“The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased, the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain, leading to the emergence of many new trends and strategies across content, distribution, consumption and monetisation,” Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, said.

“The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” he added.

Business Standard |

Domestic Media and entertainment Industry clocked growth of around 9% in 2019

The Indian Media and Entertainment (M&E) sector reached INR1.82 trillion (US$25.7 billion) in 2019, a growth of around 9% over 2018, according to the FICCI EY report 'The era of consumer A.R.T. - Acquisition Retention and Transaction,'. With its current trajectory, the M&E sector in India is expected to cross INR 2.4 trillion (US$34 billion) by 2022, at a CAGR of 10%.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24% of total advertising spend. The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post-production destination.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89% of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31% growth in the number of online gamers to reach around 365 million.

Business Standard |

Coronavirus impact: Movies, children's content dominate TV viewership

The domestic media and entertainment (M&E) sector has seen significant shifts in the past month as the coronavirus disease (COVID-19) outbreak has forced people to stay indoors.

While news channels, gaming apps, movies and children’s content have gained since lockdowns began on March 16, segments such as radio, out-of-home, print and multiplexes have suffered, according to consultancies such as EY and the Broadcast Audience Research Council (BARC).

EY estimates that a month-long lockdown will result in flat growth for this calendar year versus a forecast of 8 per cent growth made by the consultancy before the outbreak. Its M&E report, released on Friday along with the Federation of India Chambers of Commerce and Industry, has pegged the overall market size at Rs 1.96 trillion for 2020, which it said was undertaken before the outbreak. The 2019 M&E market size was Rs 1.82 trillion.

The scenario, said Ashish Pherwani, M&E sector leader, EY India, could get worse if the lockdown extends for two months, with overall growth declining by 10-12 per cent and the fall being sharper at 20-25 per cent if it extends to three months.

“These are unpredictable times and the full impact will be clear as we go forward,” Pherwani said. “But digital viewership has a bright future and broadcasters will adjust to the new normal in the months ahead. They are already repackaging nostalgic content as fresh content dies out (on TV) and repurposing over-the-top content for TV,” he said.

BARC data, also released Friday, shows a 6 per cent increase in television reach between March 14 and 20, when a phased lockdown began compared to the preceding weeks.

Also, average daily viewers grew by 32 million between March 14-20 versus the weeks before the lockdown, and viewers spent 3 hours and 51 minutes per day in the week watching TV, said BARC, led by movies, children’s programmes and news segments. BARC said digital consumption, too, grew sharply with news apps seeing 8 per cent more viewers and an increase of 17 per cent in time spent per user. Gaming apps saw an increase of 2 per cent in users during the week under review, with an 11 per cent increase in time spent per user.

Industry experts said the trend of growing television viewership would continue in the medium term. “Overall, general entertainment channels (GECs) have seen some impact in terms of viewership as no fresh content is being produced, but once the crisis is over, the dedicated audience would return to GECs, and so would advertisers,” said a senior official of a media company.

As such, niche channels such as Sab TV (comedy), NDTV Goodtimes (travel and lifestyle), food and infotainment channels (such as Food Food, Fox Life, Sony BBC Earth) have traditionally thrived on repeat telecasts of popular shows, said experts.

BARC also says that people are spending more time chatting and networking on social media platforms, growing 23-25 per cent between March 14 and 20 versus earlier. Almost all social networking apps, said BARC saw significant increase not only in time spent per user in the week under review, but also in the sessions per user. Shopping, travel, and food apps, by contrast, saw a huge drop in both users per week and time spent per user.

Analysts say multiplexes are staring at dark times. ICICI Securities said that it expected the lockdown to continue till May and multiplexes’ operations to resume only from June.

“Our interaction with managements and disclosures made by them reveal that multiplexes are going to invoke the force majeure clause to shield themselves from critical costs of rentals (that form 44-45 per cent of fixed costs), while closure of malls and multiplexes will also mean savings on other fixed costs such as manpower, maintenance and power,” the brokerage said.

Pherwani says digital releases of films will grow, especially by small producers, though large production houses will continue to count on theatrical releases for business.

The Hindu |

India's media & entertainment sector crossed $25 bn in 2019: study

The Indian Media and Entertainment (M&E) sector reached $25.7 billion in 2019, a growth of about 9% over 2018 states a FICCI EY report ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ launched on Friday.

With its current trajectory, the M&E sector is expected to cross $34 billion by 2022, at a CAGR of 10%, the study projected.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24% of total advertising spend, as per the study.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination.

According to the survey, the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89% of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption.

On online gaming front, the FICCI-EY study found that the segment retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31% growth in the number of online gamers to reach around 365 million.

Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, stated, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. However, the coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately.’’

Outlook |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a growth of nine per cent over 2018, states the FICCI EY report ''The Era of Consumer A.R.T. - Acquisition Retention and Transaction, which was unveiled today. With its current trajectory, the M&E sector in India is expected to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 per cent.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post production destination.

The report states the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

Uday Shankar, vice president, FICCI and Chair, FICCI Media and Entertainment Division, said: "Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models."

Ashish Pherwani, partner and media & entertainment leader, EY India, said:, "The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization."

However, Pherwani had a note of warning. "The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately," he added.

According to the key findings of the report, the television industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5 per cent. TV advertising grew five per cent to Rs 320 billion while subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost nine per cent of total viewership, up from 7.3 per cent in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Key insights provided by the report states that television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

The report on print media is that despite three per cent revenue degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by two per cent to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell five per cent to Rs 206 billion in 2019 as AdEX volumes fell by eight per cent. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights provided by the report on print medium suggests 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

The digital media meanwhile recorded a growth of 31 per cent in 2019 to reach the mark of Rs 221 billion. The sector is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24 per cent to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers'' preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent.

Key insights that the report provides about the digital sector suggest that by 2020, OTT subscription market will take approximate 10 per cent of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

The film segment grew by 10 per cent in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with gross box office collections for Hindi films at Rs 49.5 billion - the highest ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion despite more films being released abroad primarily, as films with superstars didn't perform as well in 2019. A total of 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33 per cent to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights provided by the report on the film segment shows that digital rights of films have continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted Rs 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

While on mergers and Acquisitions in the M&E space, while the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63 per cent.

The 2020 estimates of the report, incidentally, do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

India TV |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a growth of nine per cent over 2018, states the FICCI EY report ‘The Era of Consumer A.R.T. –- Acquisition Retention and Transaction, which was unveiled today. With its current trajectory, the M&E sector in India is expected to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 per cent. While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post production destination.

The report states the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

Uday Shankar, vice president, FICCI and Chair, FICCI Media and Entertainment Division, said: "Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models."

Ashish Pherwani, partner and media & entertainment leader, EY India, said:, "The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization."

However, Pherwani had a note of warning. "The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately," he added.

According to the key findings of the report, the television industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5 per cent. TV advertising grew five per cent to Rs 320 billion while subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost nine per cent of total viewership, up from 7.3 per cent in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Key insights provided by the report states that television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

The report on print media is that despite three per cent revenue degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by two per cent to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell five per cent to Rs 206 billion in 2019 as AdEX volumes fell by eight per cent. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights provided by the report on print medium suggests 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

The digital media meanwhile recorded a growth of 31 per cent in 2019 to reach the mark of Rs 221 billion. The sector is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24 per cent to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers' preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent.

Key insights that the report provides about the digital sector suggest that by 2020, OTT subscription market will take approximate 10 per cent of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

The film segment grew by 10 per cent in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with gross box office collections for Hindi films at Rs 49.5 billion –- the highest ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion despite more films being released abroad primarily, as films with superstars didn't perform as well in 2019. A total of 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33 per cent to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights provided by the report on the film segment shows that digital rights of films have continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted Rs 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

While on mergers and Acquisitions in the M&E space, while the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63 per cent.

The 2020 estimates of the report, incidentally, do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

Fortune India |

M&E industry grew 9% to ₹1.82 lakh crore in 2019: FICCI-EY report

The media and entertainment industry grew 9% to reach ₹1.82 lakh crore in 2019, a report by FICCI and EY said on Friday. Television and print remained the top two media segments. Digital media overtook filmed entertainment to become the third-largest segment in the M&E sector and is expected to overtake print by 2021, the report said.

The report titled ‘The era of consumer A.R.T. – Acquisition Retention and Transaction’ said that the M&E sector outperformed the Indian economy. “India’s nominal GDP grew at 7.8% in 2019, an eight-year low in growth terms while M&E sector grew at 8.9%,” it said.

“While the economy felt the effects of a slowdown during the second half of 2019, the M&E sector continued to grow at a faster pace than India’s GDP, driven primarily by growth in subscription revenues. The current situation around the Coronavirus will, unfortunately, impact the 2020 estimates we have provided in this report, and we will update the same as soon as we can reasonably estimate its impact,” said Ashish Pherwani, partner, and media and entertainment leader, EY India.

The report also said that last year growth was driven by direct-to-customer segments like online gaming, which continued to be the fastest-growing segment on the back of transaction-based games, mainly fantasy sports. There was a 39.8% growth in online gaming while digital media grew by 30.9%. “Digital subscription grew over 100% in 2019 as sports and quality video content went behind a paywall and telcos paid more to bundle content with their data packs; it now comprises 13% of total digital segment revenues,” the report said.

Animation and VFX was the third-largest growing segment due to increased demand from domestic content companies (which produced over 1,600 hours of original OTT content, 1,800+ films and over 200,000 hours of entertainment television).

“Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalise on the rise in media consumption,” said Uday Shankar, vice president, FICCI, and chair, FICCI media and entertainment division.

Traditional segments like print and radio ended the year with slower growth in ad revenues, despite being relatively flat for the first seven to eight months of 2019. The subscription growth was driven by OTT video consumption (111%), film (10%) and television (7.5%). “Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models,” Shankar said.

The report said that streaming video revenues grew over 100% from 2018 as sports and premium content went behind the paywall, leading platforms launched sachet-priced packages and the number of consumers consuming content on telco bundles crossed 260 million. “Audio streaming revenues grew as well, though the growth was relatively muted at 18% due to an abundance of free streaming services. Many newspaper companies put digital versions of their print products behind a paywall, though monetization of the same remained nascent,” the report said.

From around 550 million television and smartphone consumers today, FICCI and EY expect a billion screens by 2025, of which 250 million screens would be television-sized while 750 million would be smartphones. “This could result in continued growth in demand for content – both long-form, episodic and short-form – as well as provide significant opportunities for content creators and UGC platforms,” the report said.

When it comes to mobile phone penetration, the rapid proliferation of mobile access is enabling on-demand, anytime, anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89% of households, 688 million Internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption, according to EY and FICCI.

“The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself,” Pherwani adds.

Animation Xpress |

FICCI-EY report: VFX grew 25% in 2019 to reach INR 49.5 billion

Storytelling is not only India’s oldest tradition but also its most significant soft power that continues to take myriad forms with VFX giving it bigger wings to soar across international skies. With the advancements taking place in VFX technologies and platforms so frequently, the entire world has trained its eyes on India’s storytellers.

More so, OTT platforms have opened up news vistas to help with global outreach. Statistics advanced by the recent FICCI report confirm the exponential growth of the India’s M & E space with VFX and post production facilities moving up the value chain. Undeniably, OTT space has been a major reason for driving that growth both in demand of post production services. Let’s look at some facts by FICCI-EY report surrounding the Indian VFX scenario.

Growth in Demand
  • VFX segment benefited due to increased demand from domestic content companies (which produced over 1,600 hours of original OTT content, 1,800+ films and over 200,000 hours of entertainment television) as well as international content companies producing ever larger amounts of content for both developed and growth markets.
  • 350 films were released in 26 countries in 2019, compared to 332 films in 18 countries in 201824, which led to increased demand for post-production services.
  • Niche films for multiplex audiences, dubbed vernacular content and growth in digital web series, originals, etc. led to increased demand for post- production services.
  • Broadcast post-production work witnessed modest growth as Indian companies continued to expand to multiple geographies across the world, catering to their needs from centralized facilities in India.
VFX grew 25% in 2019 to reach INR 49.5 billion

Domestic market drove growth

VFX, unlike the rest of the segment, had an equal revenue split between Indian and international clients.
  • While India remained competitive on the international side, the domestic market drove most of the growth in 2019, fuelled by original content created by broadcasters and OTT platforms.
  • Some companies indicated that their domestic revenues increased over 40% from 2018 and they expected this trend to continue over the next few years.
Growth of captive centers was seen in India
  • The demand for VFX services by content creators in countries like China and India is attracting western players to set up shop in these countries to cater to the local content and creatives
  • To get a foothold in the booming Indian market, multiple companies are either entering the Indian market or investing in setting up infrastructure in India.
  • Framestore: An international company is set to open its offices in Mumbai in 2020.
  • DNEG has launched a new offering, ReDefine, which will be based in a new studio facility in Mumbai and will be home to more than 600 staff who will focus on offering visual effects and animation services to expanding international markets such as China and India.
With content production and VFX gaining momentum in the digital age and notching up the storytelling quotient, India is on its way to entertain the world.

Best Media Info |

M&E growth may be flat in 2020 if the Covid-19 crisis ends in a month, says Ashish Pherwani of EY India

Amid the countrywide lockdown to contain the spread of the coronavirus, FICCI and EY India said that the growth of the M&E industry will depend on how soon the crisis ends.

“If the lockdown is over in a month, the year 2020 will witness a flat growth,” said Ashish Pherwani, Partner and Media & Entertainment Leader, EY India. “Any further lockdown may result in degrowth.”

An analysis before the countrywide lockdown predicted 7.8% growth in 2020. The industry grew by 9% in the previous year.

Sectorial break-up:

201820192020E2022E
CAGR2019-2022
Television7407877908824%
Print3052963013091%
Digital media16922127941423%
Filmed entertainment1751912072448%
Animation and VFX799511215618%
Live events75839412214%
Online gaming46659118743%
Out of Home media373941465%
Radio343133365%
Music1415172010%
Total1,6741,8221,9652,41610%

*All figures are gross of taxes (INR in billion) for calendar years | EY estimates

Uday Shankar, Vice-President, FICCI and Chair, FICCI Media and Entertainment Division, said, “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalise on the rise in media consumption. Global players are recognising the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination and business models.”

Pherwani said, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer acquisition, retention and transaction (ART) redefined the media value chain, leading to the emergence of many new trends and strategies across content, distribution, consumption and monetisation.”

“The coronavirus outbreak will have a significant adverse impact on the sector. The situation is still evolving both in India and many parts of the world. The scale of the impact cannot be estimated immediately,” he said.

Key findings

Television

The TV industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5%. TV advertising grew 5% to Rs 320 billion while subscription grew 7% to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20% in certain cases. General entertainment and movie channels led with 74% of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and general election, the news genre witnessed a growth to almost 9% of total viewership, up from 7.3% in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup.

Key insights: Television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

Print

Despite 3% revenue degrowth at $296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2% to Rs 90 billion as newspaper companies tactically increased prices in certain markets.

Advertising revenues fell 5% to Rs 206 billion in 2019 as AdEX volumes fell by 8%. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights: 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

Digital media

In 2019, digital media grew 31% to reach Rs 221 billion and is expected to grow at 23% CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24% to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106% to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers by 33% and news consumers by 22%.

Key insights: By 2020, OTT subscription market will approximate 10% of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

Films

The Indian film segment grew 10% in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed Rs 115 billion with Gross Box Office collections for Hindi films at Rs 49.5 billion — the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to Rs 27 billion despite more films being released abroad primarily as films with superstars didn’t perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach Rs16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key insights: Digital rights continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen Hindi films entered the coveted Rs 100-crore club in 2019, which is the highest ever.

Interestingly, six movies made it to the Rs 200-crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

Mergers and acquisitions in M&E

While the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the $100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019. However, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63%.

Best Media Info |

M&E growth may be flat in 2020 if the Covid-19 crisis ends in a month, says Ashish Pherwani of EY India

Amid the countrywide lockdown to contain the spread of the coronavirus, FICCI and EY India said that the growth of the M&E industry will depend on how soon the crisis ends.

“If the lockdown is over in a month, the year 2020 will witness a flat growth,” said Ashish Pherwani, Partner and Media & Entertainment Leader, EY India. “Any further lockdown may result in degrowth.”

An analysis before the countrywide lockdown predicted 7.8% growth in 2020. The industry grew by 9% in the previous year.

Uday Shankar, Vice-President, FICCI and Chair, FICCI Media and Entertainment Division, said, “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalise on the rise in media consumption. Global players are recognising the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination and business models.”

Pherwani said, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer acquisition, retention and transaction (ART) redefined the media value chain, leading to the emergence of many new trends and strategies across content, distribution, consumption and monetisation.”

“The coronavirus outbreak will have a significant adverse impact on the sector. The situation is still evolving both in India and many parts of the world. The scale of the impact cannot be estimated immediately,” he said.

Key findings

Television

The TV industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5%. TV advertising grew 5% to Rs 320 billion while subscription grew 7% to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20% in certain cases. General entertainment and movie channels led with 74% of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and general election, the news genre witnessed a growth to almost 9% of total viewership, up from 7.3% in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup.

Key insights: Television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

Print

Despite 3% revenue degrowth at $296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2% to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell 5% to Rs 206 billion in 2019 as AdEX volumes fell by 8%. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights: 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

Digital media

In 2019, digital media grew 31% to reach Rs 221 billion and is expected to grow at 23% CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24% to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106% to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers by 33% and news consumers by 22%.

Key insights: By 2020, OTT subscription market will approximate 10% of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

Films

The Indian film segment grew 10% in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed Rs 115 billion with Gross Box Office collections for Hindi films at Rs 49.5 billion — the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to Rs 27 billion despite more films being released abroad primarily as films with superstars didn’t perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach Rs16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key insights: Digital rights continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen Hindi films entered the coveted Rs 100-crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200-crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

Mergers and acquisitions in M&E

While the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the $100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019. However, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63%.

Orissadiary.com |

Media and entertainment industry in 2019 grew by almost 9% to reach INR 1.82 trillion: FICCI – EY Report 2020

The Indian Media and Entertainment (M&E) sector reached INR1.82 trillion (US$25.7 billion) in 2019, a growth of 9% over 2018 states the FICCI EY report ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ launched today. With its current trajectory, the M&E sector in India is expected to cross INR2.4 trillion (US$34 billion) by 2022, at a CAGR of 10%*.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24% of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89% of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31% growth in the number of online gamers to reach around 365 million.

Mr Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said, “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models.”

Mr Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, stated, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization.”

“The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” he added.

Key findings

Television

The TV industry grew from INR 740 billion to INR 788 billion in 2019, a growth of 6.5%. TV advertising grew 5% to INR 320 billion while subscription grew 7% to INR 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20% in certain cases. General entertainment and movie channels led with 74% of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost 9% of total viewership, up from 7.3% in 2018. In sports cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup.

Key insights – Television will remain the largest earner of advertising revenues even in 2025, approaching INR570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

Print

Despite a 3% revenue degrowth at INR 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2% to INR 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell 5% to INR 206 billion in 2019 as AdEX volumes fell by 8%. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights – 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing INR1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

Digital media

In 2019, digital media grew 31% to reach INR 221 billion and is expected to grow at 23% CAGR to reach INR 414 billion by 2022. Digital advertising grew 24% to INR 192 billion driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106% to INR 29 billion. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers by 33% and news consumers by 22%.

Key insights: By 2020, OTT subscription market will approximate 10% of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

Films

The Indian film segment grew 10% in 2019 to reach INR 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with Gross Box Office collections for Hindi films at INR 49.5 billion – the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to INR 27 billion despite more films being released abroad primarily as films with superstars didn’t perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach INR 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights: Digital rights continued to grow in 2019 with an increase in revenues from INR13.5 billion in 2018 to INR 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to INR 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted INR 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the INR 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

Mergers and Acquisitions in M&E

While the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at INR101 billion as compared to INR192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63%.

Radio and Music |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a growth of nine percent over 2018, states the FICCI EY report ‘The Era of Consumer A.R.T. –- Acquisition Retention and Transaction, which was unveiled today. With its current trajectory, the M&E sector in India is expected to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 percent.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third-largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post production destination.

The report states the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a teledensity approaching 89 percent of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest-growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 percent growth in the number of online gamers to reach around 365 million.

Uday Shankar, vice president, FICCI and Chair, FICCI Media and Entertainment Division, said: "Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models."

Ashish Pherwani, partner and media & entertainment leader, EY India, said:, "The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization."

However, Pherwani had a note of warning. "The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately," he added.

According to the key findings of the report, the television industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5 per cent. TV advertising grew five per cent to Rs 320 billion while subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost nine per cent of total viewership, up from 7.3 per cent in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Key insights provided by the report states that television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user-generated content companies and other non-broadcasters to serve content on the connected television screen.

The report on print media is that despite three percent revenue degrowth at Rs 296 billion, print continued to retain the second-largest share of the Indian M&E sector. Circulation revenues increased by two percent to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell five percent to Rs 206 billion in 2019 as AdEX volumes fell by eight percent. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights provided by the report on print medium suggests 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

The digital media meanwhile recorded a growth of 31 per cent in 2019 to reach the mark of Rs 221 billion. The sector is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24 per cent to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers' preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent.

Key insights that the report provides about the digital sector suggest that by 2020, OTT subscription market will take approximate 10 per cent of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

The film segment grew by 10 per cent in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with gross box office collections for Hindi films at Rs 49.5 billion –- the highest ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion despite more films being released abroad primarily, as films with superstars didn't perform as well in 2019. A total of 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33 per cent to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights provided by the report on the film segment shows that digital rights of films have continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted Rs 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

While on mergers and Acquisitions in the M&E space, while the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of the investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63 percent.

The 2020 estimates of the report, incidentally, do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

Devdiscourse |

Media, entertainment sector in India to cross Rs 240,000 cr by 2022

The Media and Entertainment (M&E) sector in India is expected to cross Rs 2.4 trillion (USD 34 billion) by 2022, with an annual growth rate of 10 per cent mainly driven by rapid proliferation of mobile access, according to a report. The M&E sector in India grew by 9 per cent to reach Rs 1.82 trillion (USD 25.7 billion) in 2019, according to the FICCI EY report 'The era of consumer A.R.T. – Acquisition Retention and Transaction,’ launched on Friday.

With its current trajectory, the M&E sector in India is expected to cross Rs 2.4 trillion (USD 34 billion) by 2022, at an annual growth of 10 per cent, the report said. “However, the coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” EY India Partner and M&E Leader Ashish Pherwani told reporters here.

This report was developed through primary and secondary research, discussions with several companies and industry stakeholders and cross referencing of available data points. While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third-largest segment of the sector.

Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend. The sector continued to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million. The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019, Pherwani said. The report revealed that the TV industry grew from Rs 74,000 crore to Rs 78,800 crore in 2019, a growth of 6.5 per cent. TV advertising grew 5 per cent to Rs 32,000 billion while subscription grew 7 per cent to Rs 46,800 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership, it added.

The news genre witnessed a growth to almost 9 per cent of total viewership, up from 7.3 per cent in 2018. In sports cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Despite a 3 per cent revenue degrowth at Rs 29,600 crore, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2 per cent to Rs 9,000 crore as newspaper companies tactically increased prices in certain markets. Meanwhile, in 2019, digital media grew 31 per cent to reach Rs 22,100 crore and is expected to grow at 23 per cent annually to reach Rs 41,400 crore by 2022. Digital advertising grew 24 per cent to Rs 19,200 crore driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 2,900 crore. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent, it added.

CXO Today |

M&E Industry grows at 9% To Reach Rs 1.82 trillion: FICCI-EY

The Indian Media and Entertainment (M&E) sector reached INR1.82 trillion (US$25.7 billion) in 2019, a growth of ~9% over 2018 states the FICCI EY report ‘The era of consumer A.R.T. – Acquisition Retention and Transaction,’ launched today. With its current trajectory, the M&E sector in India is expected to cross INR2.4 trillion (US$34 billion) by 2022, at a CAGR of 10%*.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24% of total advertising spend.
The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination.

The rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89% of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31% growth in the number of online gamers to reach around 365 million.

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said, “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models.”

Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, stated, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization.”

“The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” he added.

Key findings
Television

The TV industry grew from INR 740 billion to INR 788 billion in 2019, a growth of 6.5%. TV advertising grew 5% to INR 320 billion while subscription grew 7% to INR 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20% in certain cases. General entertainment and movie channels led with 74% of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost 9% of total viewership, up from 7.3% in 2018. In sports cricket emerged as the big winner in 2019 as it accounted for over 80% of the sports viewership, up from 70% last year, due to the ICC World Cup.

Key insights – Television will remain the largest earner of advertising revenues even in 2025, approaching INR570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

Print

Despite a 3% revenue degrowth at INR 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by 2% to INR 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell 5% to INR 206 billion in 2019 as AdEX volumes fell by 8%. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights – 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing INR1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

Digital media

In 2019, digital media grew 31% to reach INR 221 billion and is expected to grow at 23% CAGR to reach INR 414 billion by 2022. Digital advertising grew 24% to INR 192 billion driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106% to INR 29 billion. Digital consumption grew across platforms where video viewers increased by 16%, audio streamers by 33% and news consumers by 22%.

Key insights: By 2020, OTT subscription market will approximate 10% of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

Films

The Indian film segment grew 10% in 2019 to reach INR 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with Gross Box Office collections for Hindi films at INR 49.5 billion – the highest ever for Hindi theatricals. Overseas theatricals revenues fell 10% to INR 27 billion despite more films being released abroad primarily as films with superstars didn’t perform as well in 2019. 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33% to reach INR 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights: Digital rights continued to grow in 2019 with an increase in revenues from INR13.5 billion in 2018 to INR 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to INR 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted INR 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the INR 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

Mergers and Acquisitions in M&E

While the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at INR101 billion as compared to INR192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63%.

About EY

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About the study

This report has been developed by conducting primary and secondary research, discussions with several companies and industry stakeholders, and cross referencing of available data points. To the extent possible, the data has been verified and validated. Sizing of various segments has been arrived at using various sources of data, primary research and proprietary EY research. The sizing has been further validated through industry discussions. 2020 estimates do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

Daiji World |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a growth of nine per cent over 2018, states the FICCI EY report ‘The Era of Consumer A.R.T. –- Acquisition Retention and Transaction, which was unveiled today. With its current trajectory, the M&E sector in India is expected to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 per cent.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post production destination.

The report states the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

Uday Shankar, vice president, FICCI and Chair, FICCI Media and Entertainment Division, said: "Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models."

Ashish Pherwani, partner and media & entertainment leader, EY India, said:, "The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization."

However, Pherwani had a note of warning. "The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately," he added.

According to the key findings of the report, the television industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5 per cent. TV advertising grew five per cent to Rs 320 billion while subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost nine per cent of total viewership, up from 7.3 per cent in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Key insights provided by the report states that television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

The report on print media is that despite three per cent revenue degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by two per cent to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell five per cent to Rs 206 billion in 2019 as AdEX volumes fell by eight per cent. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights provided by the report on print medium suggests 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

The digital media meanwhile recorded a growth of 31 per cent in 2019 to reach the mark of Rs 221 billion. The sector is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24 per cent to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers' preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent.

Key insights that the report provides about the digital sector suggest that by 2020, OTT subscription market will take approximate 10 per cent of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

The film segment grew by 10 per cent in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with gross box office collections for Hindi films at Rs 49.5 billion –- the highest ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion despite more films being released abroad primarily, as films with superstars didn't perform as well in 2019. A total of 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33 per cent to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights provided by the report on the film segment shows that digital rights of films have continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted Rs 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

While on mergers and Acquisitions in the M&E space, while the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63 per cent.

The 2020 estimates of the report, incidentally, do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

newsd |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a growth of nine per cent over 2018, states the FICCI EY report ‘The Era of Consumer A.R.T. –- Acquisition Retention and Transaction, which was unveiled today. With its current trajectory, the M&E sector in India is expected to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 per cent.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination.

The report states the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India’s telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

Uday Shankar, vice president, FICCI and Chair, FICCI Media and Entertainment Division, said: “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models.”

Ashish Pherwani, partner and media & entertainment leader, EY India, said:, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization.”

However, Pherwani had a note of warning. “The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” he added.

According to the key findings of the report, the television industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5 per cent. TV advertising grew five per cent to Rs 320 billion while subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost nine per cent of total viewership, up from 7.3 per cent in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Key insights provided by the report states that television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

The report on print media is that despite three per cent revenue degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by two per cent to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell five per cent to Rs 206 billion in 2019 as AdEX volumes fell by eight per cent. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights provided by the report on print medium suggests 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

The digital media meanwhile recorded a growth of 31 per cent in 2019 to reach the mark of Rs 221 billion. The sector is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24 per cent to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers’ preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent.

Key insights that the report provides about the digital sector suggest that by 2020, OTT subscription market will take approximate 10 per cent of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

The film segment grew by 10 per cent in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with gross box office collections for Hindi films at Rs 49.5 billion –- the highest ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion despite more films being released abroad primarily, as films with superstars didn’t perform as well in 2019. A total of 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33 per cent to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights provided by the report on the film segment shows that digital rights of films have continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted Rs 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

While on mergers and Acquisitions in the M&E space, while the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63 per cent.

The 2020 estimates of the report, incidentally, do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

Campaign India |

M&E industry in India grew by 8.9 percent in 2019: Report

The media and entertainment sector grew by 8.9 per cent to reach Rs 1,822 billion in 2019 according to the FICCI EY report.

The report was to be unveiled during FICCI Frames, but due to the event being rescheduled, it was revealed online. The report was written before Coronvirus hit the country.

TV viewership grew by 6.4 per cent. There was a five per cent growth in advertising income during the year, even though advertising volume reduced by four per cent. The growth came because of the volume of advertising on marquee events like the elections, the ICC World Cup and the IPL. Subscription income grew by 7.5 per cent largely because of the NTO making it more expensive for consumers.

The growth in advertising revenues for the year was Rs 4,000 crore. Rs 3,700 crore of this growth came from digital while Rs 300 crore was for TV in the incremental ad spends.

The print segment de-grew by 3.4 per cent which led to advertising income falling by five per cent. The Adex volume fell by eight per cent. The impact on English was higher than regional players as the former de-grew by 10 per cent and the latter de-grew by one or two per cent. English newspapers conducted more than 300 events last year, but with the coronavirus outbreak, those will reduce and could end up posing problems.

Subscription grew at 9.3 per cent. Digital growth was 111 per cent. Base was small but people are starting to pay for content and quality content when it comes online.

Digital media grew by 31 per cent. There was a growth of 20 per cent in broadband subscriptions. Ad income growth on digital was 24 per cent. Video subscription income grew by 111 per cent while audio was only at 18 per cent as people still access free streaming of music according to the report. More than 10 million individuals paid for video content. With the total number of internet users being at 661 million, the report states that there is still plenty of scope for growth.

Online gaming grew by 40 cent and online gamers crossed 365 million fueled by fantasy game revenues. Casual game revenues also grew by more than 20 per cent.

Viral LifeStyle |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a progress of 9 per cent over 2018, states the FICCI EY report ‘The Era of Consumer A.R.T. –- Acquisition Retention and Transaction, which was unveiled right now. With its present trajectory, the M&E sector in India is anticipated to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 per cent. While tv and print retained their positions as the 2 largest segments, digital media overtook filmed entertainment in 2019 to change into the third largest phase of the M&E sector. Digital subscription revenues greater than doubled from 2018 ranges and digital promoting revenues grew to command 24 per cent of complete promoting spend.

The sector continues to develop at a fee sooner than the GDP, pushed primarily by progress in subscription-based enterprise fashions and India’s attractiveness as a content material manufacturing and publish manufacturing vacation spot.

The report states the fast proliferation of cell entry is enabling on-demand, anytime-anywhere content material consumption nationwide. With a inhabitants of 1.three billion, a tele-density approaching 89 per cent of households, 688 million web subscribers and practically 400 million smartphone customers, India’s telecom industry is poised to change into the first platform for content material distribution and consumption. India ranks as one of many fastest-growing app markets globally, the place entertainment apps are driving vital shopper engagement.

Online gaming retained its place because the quickest rising phase on the again of transaction-based video games primarily fantasy sports activities, elevated in-app purchases and a 31 per cent progress in the variety of on-line players to achieve round 365 million.

Uday Shankar, vp, FICCI and Chair, FICCI Media and Entertainment Division, stated: “Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models.”

Ashish Pherwani, associate and media & entertainment chief, EY India, stated:, “The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization.”

However, Pherwani had a observe of warning. “The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately,” he added.

According to the important thing findings of the report, the tv industry grew from Rs 740 billion to Rs 788 billion in 2019, a progress of 6.5 per cent. TV promoting grew 5 per cent to Rs 320 billion whereas subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption elevated by over 20 per cent in sure instances. General entertainment and film channels led with 74 per cent of viewership. On the again of a number of key bulletins by the central and state governments corresponding to Article 370, the Citizenship Amendment Act, and a basic election, the information style witnessed a progress to nearly 9 per cent of complete viewership, up from 7.three per cent in 2018. In sports activities, cricket emerged as the massive winner in 2019 because it accounted for over 80 per cent of the sports activities viewership, up from 70 per cent final yr, as a result of ICC World Cup.

Key insights offered by the report states that tv will stay the biggest earner of promoting revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will proceed to develop and attain 55% of complete viewership in India as their content material high quality improves additional. Content considered on sensible TV units will start to mirror that consumed on cellphones, offering a window for consumer generated content material corporations and different non-broadcasters to serve content material on the related tv display screen.

The report on print media is that regardless of three per cent income degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues elevated by two per cent to Rs 90 billion as newspaper corporations tactically elevated costs in sure markets. Advertising revenues fell 5 per cent to Rs 206 billion in 2019 as AdEX volumes fell by eight per cent. Margins improved as newsprint value measures had been applied and corporations benefited from the discount of newsprint costs.

Key insights offered by the report on print medium suggests 2019 witnessed a major progress in digital information customers over 2018 when 300 million Indians consumed information on-line. Most massive print corporations had an outlined digital enterprise, with two corporations crossing Rs 1 billion in digital revenues. Digital subscription, although nascent, has elevated as a number of publications have put digital merchandise behind a paywall.

The digital media in the meantime recorded a progress of 31 per cent in 2019 to achieve the mark of Rs 221 billion. The sector is anticipated to develop at 23 per cent CAGR to achieve Rs 414 billion by 2022. Digital promoting grew 24 per cent to Rs 192 billion pushed by elevated consumption of content material on digital platforms and marketeers’ choice to measure efficiency. SME and lengthy tail advertisers elevated their spends on digital media as nicely. Pay digital subscribers crossed 10 million for the primary time as sports activities and different premium content material had been put behind a paywall. Consequently, subscription income grew 106 per cent to Rs 29 billion. Digital consumption grew throughout platforms the place video viewers elevated by 16 per cent, audio streamers by 33 per cent and information customers by 22 per cent.

Key insights that the report supplies in regards to the digital sector recommend that by 2020, OTT subscription market will take approximate 10 per cent of the overall TV subscription market (with out, nonetheless, contemplating information fees). We estimate over 40 million related TVs by 2025, which can present an enormous alternative for content material creators to achieve household customers. Better bandwidth will drive massive display screen consumption. By 2025, 750 million sensible cellphone screens can even enhance the demand for regional, UGC and quick content material, creating a brief video ecosystem that may create vital employment. The battle for content material discovery will depth and transfer to the unified interface.

The movie phase grew by 10 per cent in 2019 to achieve Rs 191 billion pushed by the expansion in home theatrical revenues and each charges and quantity of digital/ OTT rights bought. Domestic movie revenues crossed INR 115 billion with gross field workplace collections for Hindi movies at Rs 49.5 billion –- the best ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion regardless of extra movies being launched overseas primarily, as movies with superstars did not carry out as nicely in 2019. A complete of 108 Hollywood movies had been launched in 2019 as in comparison with 98 in 2018. The gross field workplace collections of Hollywood movies in India (inclusive of all their Indian language dubbed variations) grew 33 per cent to achieve Rs 16 billion. As single screens continued to cut back, the overall display screen depend decreased by 74 to 9,527.

Key Insights offered by the report on the movie phase reveals that digital rights of movies have continued to develop in 2019 with a rise in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital launch home windows shortened with some motion pictures releasing on OTT platforms even earlier than their launch on tv. In-cinema promoting grew marginally to Rs 7.7 billion in 2019 as multiplexes and promoting aggregators began signing long-term offers with manufacturers. Seventeen hindi movies entered the coveted Rs 100 crore membership in 2019, which is the best ever. Interestingly, six motion pictures made it to the Rs 200 crore membership in 2019, versus three in 2018. The future will likely be pushed by immersive content material (know-how and VFX wealthy) experiences to drive theatrical footfalls and some genres of movies may migrate to dwelling viewership solely. We can anticipate to see creation of a segmented Hindi-mass product for the heartland at low ticket costs.

While on mergers and Acquisitions in the M&E area, whereas the variety of offers elevated to 64 in 2019 from 41 in 2018, the general deal worth was a lot decrease at Rs 101 billion as in comparison with Rs 192 billion in the earlier yr. This was largely as a result of absence of big-ticket offers with solely 4 offers crossing the US$100 million threshold. The highest quantity of funding was made in tv, adopted by digital, radio and gaming. Deal exercise was spearheaded by new media corresponding to digital and gaming, which witnessed 54 of the 64 offers in 2019, nonetheless, in phrases of deal worth, the share of conventional media segments corresponding to TV, radio and movie exhibition was 63 per cent.

The 2020 estimates of the report, by the way, don’t mirror the seemingly impression on the industry arising from the coronavirus outbreak because the state of affairs was nonetheless evolving quickly on the time of going to press.

La Indian |

Media and entertainment industry hit Rs 1.82 trillion mark in 2019: FICCI-EY Report

The Indian Media and Entertainment (M&E) sector reached Rs 1.82 trillion (US$25.7 billion) in 2019, a growth of nine per cent over 2018, states the FICCI EY report 'The Era of Consumer A.R.T. - Acquisition Retention and Transaction, which was unveiled today. With its current trajectory, the M&E sector in India is expected to cross the Rs 2.4 trillion-mark (US$34 billion) by 2022, at a CAGR of 10 per cent.

While television and print retained their positions as the two largest segments, digital media overtook filmed entertainment in 2019 to become the third largest segment of the M&E sector. Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend.

The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India's attractiveness as a content production and post production destination.

The report states the rapid proliferation of mobile access is enabling on-demand, anytime-anywhere content consumption nationwide. With a population of 1.3 billion, a tele-density approaching 89 per cent of households, 688 million internet subscribers and nearly 400 million smartphone users, India's telecom industry is poised to become the primary platform for content distribution and consumption. India ranks as one of the fastest-growing app markets globally, where entertainment apps are driving significant consumer engagement.

Online gaming retained its position as the fastest growing segment on the back of transaction-based games mainly fantasy sports, increased in-app purchases and a 31 per cent growth in the number of online gamers to reach around 365 million.

Uday Shankar, vice president, FICCI and Chair, FICCI Media and Entertainment Division, said: "Riding the wave of exponential progress made towards digital accessibility and adoption, the M&E industry has been a forerunner of a dynamic and aspirational India. New products and business models are being imagined to capitalize on the rise in media consumption. Global players are recognizing the need to build India-centric offerings. The coming years are likely to usher in greater innovation in content formats, means of dissemination, and business models."

Ashish Pherwani, partner and media & entertainment leader, EY India, said:, "The M&E sector witnessed a surge in content consumption as digital infrastructure, quantum of content produced and per-capita income increased in 2019. Driven by the ability to create direct-to-customer relationships, the sector firmly pivoted towards a B2C operating model, changing the way it measured itself. As entertainment and information options grew and choice increased the era of consumer Acquisition, Retention and Transaction (ART) redefined the media value chain leading to the emergence of many new trends and strategies across content, distribution, consumption and monetization."

However, Pherwani had a note of warning. "The coronavirus outbreak will have a significant adverse impact on the sector, the situation is still evolving both in India and many parts of the world, the scale of the impact cannot be estimated immediately," he added.

According to the key findings of the report, the television industry grew from Rs 740 billion to Rs 788 billion in 2019, a growth of 6.5 per cent. TV advertising grew five per cent to Rs 320 billion while subscription grew by seven per cent to Rs 468 billion. Regional channels benefited from the New Tariff Order as their consumption increased by over 20 per cent in certain cases. General entertainment and movie channels led with 74 per cent of viewership. On the back of several key announcements by the central and state governments such as Article 370, the Citizenship Amendment Act, and a general election, the news genre witnessed a growth to almost nine per cent of total viewership, up from 7.3 per cent in 2018. In sports, cricket emerged as the big winner in 2019 as it accounted for over 80 per cent of the sports viewership, up from 70 per cent last year, due to the ICC World Cup.

Key insights provided by the report states that television will remain the largest earner of advertising revenues even in 2025, approaching Rs 570 billion. Viewership of regional language channels will continue to grow and reach 55% of total viewership in India as their content quality improves further. Content viewed on smart TV sets will begin to reflect that consumed on mobile phones, providing a window for user generated content companies and other non-broadcasters to serve content on the connected television screen.

The report on print media is that despite three per cent revenue degrowth at Rs 296 billion, print continued to retain the second largest share of the Indian M&E sector. Circulation revenues increased by two per cent to Rs 90 billion as newspaper companies tactically increased prices in certain markets. Advertising revenues fell five per cent to Rs 206 billion in 2019 as AdEX volumes fell by eight per cent. Margins improved as newsprint cost measures were implemented and companies benefited from the reduction of newsprint prices.

Key insights provided by the report on print medium suggests 2019 witnessed a significant growth in digital news consumers over 2018 when 300 million Indians consumed news online. Most large print companies had a defined digital business, with two companies crossing Rs 1 billion in digital revenues. Digital subscription, though nascent, has increased as several publications have put digital products behind a paywall.

The digital media meanwhile recorded a growth of 31 per cent in 2019 to reach the mark of Rs 221 billion. The sector is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. Digital advertising grew 24 per cent to Rs 192 billion driven by increased consumption of content on digital platforms and marketeers' preference to measure performance. SME and long tail advertisers increased their spends on digital media as well. Pay digital subscribers crossed 10 million for the first time as sports and other premium content were put behind a paywall. Consequently, subscription revenue grew 106 per cent to Rs 29 billion. Digital consumption grew across platforms where video viewers increased by 16 per cent, audio streamers by 33 per cent and news consumers by 22 per cent.

Key insights that the report provides about the digital sector suggest that by 2020, OTT subscription market will take approximate 10 per cent of the total TV subscription market (without, however, considering data charges). We estimate over 40 million connected TVs by 2025, which will provide a huge opportunity for content creators to reach family consumers. Better bandwidth will drive large screen consumption. By 2025, 750 million smart phone screens will also increase the demand for regional, UGC and short content, creating a short video ecosystem that can create significant employment. The battle for content discovery will intensity and move to the unified interface.

The film segment grew by 10 per cent in 2019 to reach Rs 191 billion driven by the growth in domestic theatrical revenues and both rates and volume of digital/ OTT rights sold. Domestic film revenues crossed INR 115 billion with gross box office collections for Hindi films at Rs 49.5 billion - the highest ever for Hindi theatricals. Overseas theatricals revenues fell by 10 per cent to Rs 27 billion despite more films being released abroad primarily, as films with superstars didn't perform as well in 2019. A total of 108 Hollywood films were released in 2019 as compared to 98 in 2018. The gross box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) grew 33 per cent to reach Rs 16 billion. As single screens continued to reduce, the total screen count decreased by 74 to 9,527.

Key Insights provided by the report on the film segment shows that digital rights of films have continued to grow in 2019 with an increase in revenues from Rs 13.5 billion in 2018 to Rs 19 billion in 2019. Digital release windows shortened with some movies releasing on OTT platforms even before their release on television. In-cinema advertising grew marginally to Rs 7.7 billion in 2019 as multiplexes and advertising aggregators started signing long-term deals with brands. Seventeen hindi films entered the coveted Rs 100 crore club in 2019, which is the highest ever. Interestingly, six movies made it to the Rs 200 crore club in 2019, as opposed to three in 2018. The future will be driven by immersive content (technology and VFX rich) experiences to drive theatrical footfalls and some genres of films could migrate to home viewership only. We can expect to see creation of a segmented Hindi-mass product for the heartland at low ticket prices.

While on mergers and Acquisitions in the M&E space, while the number of deals increased to 64 in 2019 from 41 in 2018, the overall deal value was much lower at Rs 101 billion as compared to Rs 192 billion in the previous year. This was largely due to the absence of big-ticket deals with only four deals crossing the US$100 million threshold. The highest amount of investment was made in television, followed by digital, radio and gaming. Deal activity was spearheaded by new media such as digital and gaming, which witnessed 54 of the 64 deals in 2019, however, in terms of deal value, the share of traditional media segments such as TV, radio and film exhibition was 63 per cent.

The 2020 estimates of the report, incidentally, do not reflect the likely impact on the industry arising from the coronavirus outbreak as the situation was still evolving rapidly at the time of going to press.

The Economic Times |

Media & Entertainment sector grew 9% in 2019: FICCI-EY report

The Indian media and entertainment (M&E) industry grew by a modest 9% in 2019 to reach Rs 1.82 lakh crore, the latest FICCI-EY report on the sector showed. While the economy felt effects of a slowdown in the second half of 2019, the M&E sector continued to outpace India. Interestingly, advertising grew at just 5.3%, despite sector growth of 9%, demonstrating the relative power of subscription based business models and India.

Advertising growth was muted due to overall economic slowdown in the second half of calendar 2019 which also impacted festive ad spending and that resulted in a polarisation of spends towards high-impact properties including the Indian Premier League (IPL), ICC World Cup and the general elections.

Traditional media like television (6.35%), filmed entertainment (9.14%), Out of home (OOH) media (5.41%) and music (7.14%) witnessed single digit growth, reflecting the overall sluggishness in the economy, whereas online gaming continued to be the fastest growing segment (41%) on the back of transaction-based games (mainly fantasy sports), and a 31% growth in overall online gamers during the year.

Print and radio were the only two sectors which saw a drop in overall revenues. Print readership fell marginally in 2019 witnessing a 3% revenue de-growth, with advertising revenues falling 5% but subscription revenues increased by 2%.

Radio segment clocked a 7.5% decline in revenues on sluggish ad spends from retail advertisers in the second half of 2019. Digital advertising aggregated the largest share of marketers.

Interestingly, digital subscription also grew over 100% in 2019 as sports and quality video content went behind pay wall and telcos paid more to bundle content with their data packs.

Last year, EY had forecast that Indian M&E industry will reach Rs 2 trillion by 2021. However, due to Coronavirus outbreak, EY said that it will update the 2020 estimates once it is in a position to quantify the impact of the pandemic.

The Economic Times |

After slowdown FM radio industry faces Covid-19; seeks government support

Most industries are expected to suffer a serious slowdown because of the Covid-19 pandemic. Some however – like airlines, logistics, hospitality and others – are suffering from an existential crisis. FM radio falls in this category. The pandemic is the second successive crisis the industry is facing within a year, the first being the economic slowdown of FY20 that singed the finances of FM companies.

The Covid-19 pandemic is now destroying the industry. FM radio now desperately needs support from the government: short-term life support as well as long-term policy support. AROI, the FM broadcasters’ association has written to Prakash Javadekar, minister for information and broadcasting, seeking his urgent intervention.

The two crises — the general slowdown and the crisis caused by Covid-19 — have made broadcasters bleed. The biggest FM player, ENIL (Mirchi), reported a revenue decline of 12% in the first three quarters of FY20. Its PAT was down about 45%. Its stock price has already hit a historical low of Rs 130 recently, nearly 75% off from its 52-week high. The other listed company, MBPL (Radio City), has reported a revenue drop of nearly 17% in the three quarters of FY20 with PAT down nearly 40%. Its market capitalisation has also been badly dented. It’s not only the listed companies that are in trouble. The whole FM sector is reeling. Overall, the radio industry is expected to report a contraction of up to 20% in revenue in FY20. FM broadcasters are scrambling to make ends meet and looking at reducing jobs, which account for the biggest operating cost. That’s clearly not good for the country at this stage. One way to stop job losses is for the government to provide immediate short-term support.

What short-term measures should the government take immediately? The first and most important is in ensuring that the wheels of business continue to move. As various economists have said, government must not cut its spends, either capital expenditure on infrastructure and the like, or operating expenditure despite the fiscal deficit breaching the norms prescribed under the FRBM Act. On FM radio, the government is the biggest advertiser, accounting for as much as 10% of FM revenues. However, since it came back to power last year, it has cut spends by as much as 80%. It should immediately reverse this. The government must also immediately clear all past dues of FM broadcasters, many more than two years old. The liquidity crunch is killing the industry.

There is a lot that the government must do in terms of defraying operating costs. It must follow the example of the French government that suspended all utility expenses including electricity, gas, water and rent.FM broadcasters have huge operating expenses – electricity charges to various state electricity boards and some private power distribution companies; tower and land rentals to Prasar Bharati; annual licence fees to the ministry of information and broadcasting, annual wireless operating licence charges to the Department of Telecommunications and of course corporate taxes to the Ministry of Finance. The government must provide relief on all these. Electricity charges, annual licence fees and land and tower rentals must be completely waived for FY21 as the impact of Covid-19 is expected to last that long.

On taxes, the government last year announced lower corporate taxes for new companies and companies that don’t avail of exemptions. It must now make these lower rates available even for FM companies that are unable to take advantage of the lower rates because of their depreciation-fuelled MAT provisions. Industry body FICCI has made the same recommendation. In fact, for FM broadcasters – given that this is their second big crisis in a year – the government should allow full waiver of corporate taxes for FY21, followed by lower taxes in the future. These quick measures will ensure that there aren’t large scale job losses in the FM radio sector.

Then there are long-term policy measures that have been pending for a while. The government must recognise that FM radio is a vital sector in the media firmament. In any kind of emergency – floods, riots, and now the coronavirus pandemic – it is radio that people turn to for the latest news when on the move. It is also radio that the government turns to, to communicate with all sections of the population, especially the poor. This is where reforms must begin. There is absolutely no reason why the FM radio industry should not be allowed to do news. Every medium can, so why not FM radio? An immediate lifting of this restriction will improve sentiment in the industry.

There are several unnecessary regulatory restrictions that must be quickly removed. There is an inexplicable 15% cap on the number of channels a radio broadcaster can own and operate nationally, though such a cap doesn’t exist in any other media. There is also an arbitrary 40% cap at a per-city level. These caps are holding back M&A activities badly needed in an industry populated with as many as 30-35 disparate small operators.

Covid-19 is a just cause for all businesses, and the government itself, to invoke the force majeure clause in letter and spirit. The Ministry of Finance has recently clarified that "it (spread of coronavirus) should be considered as a case of natural calamity and force majeure clause may be invoked…" The FM radio licence also has a force majeure clause. Considering how the coronavirus pandemic is likely to make FY21 and several more years completely wasted ones, the government should use the force majeure clause and extend the 15-year licence period of FM broadcasters by five years. Broadcasters who gave huge one-time entry fees to the government need protection against this once-in-a-century viral pandemic.

Deccan Herald |

How are businesses holding up amidst COVID-19 mayhem?

With COVID-19 emerging as a global pandemic, leaving its impact in more than 180 countries across the planet, the implications of its spread have become more serious than envisaged a month ago. The global economy is in a state of mayhem as there are no signs of the chaos subsiding any time soon. Closer home in India, the situation, especially on the economic front, seems grim.

A survey by industry body FICCI states that a significant 53% of Indian businesses indicate a marked impact of the pandemic on their operations even at early stages. The pandemic has significantly impacted the cash flow at organisations with almost 80% reporting a decrease. There was a strong hope of recovery from the persisting economic slowdown in the last quarter of the current fiscal. However, the pandemic has made the recovery extremely difficult in the near to medium term.

On the other hand, the outbreak has presented fresh challenges for the Indian economy now, with its disruptive impact on both demand and supply side elements holding the potential to derail India’s growth story. Another report by rating agency Crisil indicates that the credit quality pressure on India Inc, which has been rising because of economic slowdown and consumption slump, is set to intensify. The impact, however, varies across sectors, depending on the extent of operational disruption due to social distancing and the overall economic sentiment. According to ADB (Asian Development Bank) estimates, the COVID-19 outbreak could cost the Indian economy between $387 million and $29.9 billion in personal consumption losses.

To understand what businesses in the country have encountered and how they are braving the wrath of Covid-19 so far, we look at the different sectors that stand the most affected by the crisis.

Aviation

Aviation has turned out to be the worst affected sector amidst the Covid-19 pandemic. According to the International Air Transport Association, airlines globally can lose in passenger revenues of up to a whopping $113 billion. Airfares have also come under pressure due to nearly 30% drop in bookings to virus affected destinations. As a result, airfares to these destinations have fallen by 20-30%, a FICCI industry report states.

According to the report, domestic traffic growth is also gradually being impacted by domestic travellers postponing or cancelling their travel plans. Some Airline companies have reported more than 30% drop in domestic travel this summer compared with last year. Airfares in the popular domestic routes have been reduced by 20-25% and are expected to remain subdued in summer as well.

According to the data available with the Ministry of Civil Aviation, nearly 585 international flights have been cancelled to-and-from India between February 1 and March 6 because of the outbreak of coronavirus. Cash reserves of airline companies are running low and many are almost at the brink of bankruptcy. Job losses and pay cuts remain a worrying issue, as some airlines have already asked many of their staff/employees to go on leave without pay.

Tourism

As the uncertainty has led to the cancellation of travel plans by both foreign and domestic tourists, there has been a drop in both inbound and outbound tourism of about 67% and 52% respectively since January to February as compared to the same period last year. The report suggests that of all the segments of the hospitality sector, the Meetings, Incentives, Conferences and Exhibitions - popularly known as MICE segment - has been worst hit.

According to the report, usually, the number of Indian travellers to both domestic and international destinations peak during the months of March and April. However, this time nearly 90% bookings of hotel and flights bookings stand cancelled. According to the Indian Association of Tour Operators (IATO), the hotel, aviation and travel sector together may incur a loss of about Rs 8,500 crore due to travel restrictions imposed on foreign tourists by India for a month.

Agriculture

The poultry sector, the fastest growing sub-sector of agriculture eco-system is already facing losses to the tune of Rs 150 crore to Rs 200 crore everyday. This is mostly on account of the spread of misinformation on social media, correlating Covid-19 spread to the consumption of meat and poultry products. This has meant that demand for poultry products has fallen and prices have crashed to as low as Rs 10-15 per kg, even as production cost stands at Rs 70-80 per kg.

Entertainment/Sports

Multiple cities and states have imposed shutdowns of cinema theatres, shopping malls and gyms till March 31, 2020, to stop the spread of the virus. While the exact loss is difficult to calculate presently, some estimates suggest that theatres in Delhi alone may have to incur a loss of Rs 2 lakh to Rs 10 lakh within a period of 10 days. There has also been a massive impact on the television and film industry owing to the cancellation of shootings and promotional events.

Several sport events have been either postponed or cancelled, and this brings huge losses for the sports industry.

For instance, cancellation of IPL matches alone could mean a loss of Rs 10,000 crore for the industry, says the report. A report by global advisory firm Duff & Phelps states, the IPL was valued at $6.8 billion in 2019 and could see an erosion of $200-350 million if the BCCI goes in for a truncated tourney with empty galleries and $700-1,000 million if the season is cancelled.

The agency has arrived at the numbers based on an assessment of a truncated tourney with matches being played to empty galleries or no revenue from the gate sales and a washout of the 2020 season.

Automobile

China accounts for 27% of India’s automotive parts imports and major global auto part makers such as Robert Bosch GmbH, Valeo AS and ZF Friedrichshafen AG have factories located in the Hubei province. Owing to the closure of the factories of these companies, there has been a delay in the production and delivery of vehicles like Bharat Stage Four (BS-IV) compliant models.

Moreover, the situation has become more precarious after the decision of the Chinese government to limit all shipments by sea until further notice. Since air shipments are not suitable for auto components and forging industries, Indian OEMs are finding it difficult to plan production beyond the available inventory.

There are signs that COVID-19 is also likely to make the transition to Bharat Stage Six (BS-VI) emission norms, scheduled on April 1 difficult.

Pharma

Amidst the uncertainty over the future supply of bulk drugs and intermediaries from China, the possibility of a shortage in the availability of medicines in India has led to an increase in prices of some items like paracetamol, which has seen a price hike of about 40%. According to the report, It has put negative pressure on some raw material items such as Penicillin G, a key raw material used in antibiotics, the price of which has reportedly gone up by about 58%.

The drug regulatory authority has said that the stock of 57 APIs (amoxicillin, ofloxacin, vitamin tablets and capsules such as B12, B1, B6) could soon run out. The government has restricted exports of certain medicines to deal with the situation.

Power

The latest data for the first two weeks of March 2020 has already reported a negative growth (-3.6%) in power consumption. The consumption had noted a 10.8% growth during the month of February 2020. Press reports also indicate that power demand was growing favourably in the first week of March but has been contracting ever since. The decline is a result of the measures being undertaken across the country to contain the spread through the closure of malls, cinemas, etc.

International Trade

China has been a major market for many Indian products like seafood, petrochemicals, gems and jewellery etc. The outbreak of coronavirus has adversely impacted exports of these items to China. For instance, the fisheries sector is anticipated to incur a loss of more than Rs 1,300 crore due to fall in exports. Similarly, India exports 36% of its diamonds to China.

The cancellation of four major trade events between February and April is likely to cause an estimated loss of Rs 8,000-10,000 crore in terms of business opportunity for Jaipur alone. India also exports 34% of its petrochemicals to China. Due to export restrictions to China, petrochemical products are expected to see a price reduction.

The market sentiment, with a sharp fall in equity indices and bond yields, gives the idea that the Covid-19 impact on the economy may persist for long.

It is difficult to predict how hard would be the recovery while we are still in the middle of the adversity, with little idea of the way out.

A combination of monetary, fiscal and financial market measures is needed to help the businesses and people cope with the crisis.

Financial Express |

TV watchers say bye to DTH, cable; move to Netflix, Hotstar after TRAI’s well-meaning rule backfires

It has been a year since TRAI rolled out its revised plan for DTH and cable TV users. While TRAI’s well-meaning plan intended to provide more power to customers, one in every two TV watchers has since moved online to content providers such as Netflix, Amazon Prime and Hotstar, among others. “Not only have people increased their digital content viewing time in the past year, but some have also unsubscribed their DTH connections and moved completely online for content,” UK-based market research company YouGov said this week. Last year, the Telecom Regulatory Authority of India (TRAI) directed service providers to allow users to choose channels they liked and pay standardised rates for only those.

But, is TRAI squarely to be blamed?

The migration to online had kick-started even before TRAI rulings, thanks to easier availability of smartphones and reduced data costs. Further, the emergence of quality content on video streaming platforms has also levered consumption. According to an EY-FICCI report released in March 2019, “In 2018, over 2.3 billion people watched streaming or downloaded digital video content via any device at least once per month.” Also, OTT platforms spent a huge amount of money to create original content to lure users away, the report on India’s Media and Entertainment industry added.

While TRAI had expected to enhance the TV viewing experience of the people and reduce costs for users, one in every two DTH, cable TV users said that they would like to increase their online consumption because of TRAI’s ruling. “When the order was first passed, half of the 1020 surveyed respondents (49%) indicated their likeliness to spend more time online watching original content as a result of this amendment,” Yougov said. The same materialised by 2020 and people have migrated online for content. In fact, there is a considerable large number of people who watch TV channels via online platforms.

TRAI’s ruling had an adverse impact on the business of television and over 40% of those surveyed said their TV-viewing time has decreased in the last year. Over 20% of people have discontinued their DTH services and have moved entirely online for content.

Devdiscourse |

Media and Entertainment Skills Council to organise Media Job Festival

Media and Entertainment Skills Council (MESC) in association with Aptech Ltd's two major brands Arena Animation and MAAC (Maya Academy of Advanced Cinematics) is organizing India's First and Largest media job festival, Great Indian Media Job Festival, from 27th January- 1st February 2020 across 78 Centers in 10+ cities in India.

At the Great Indian Media Job Festival more than 100 recruiters are hiring across Graphic Design, 3D Modelling, VFX, Web Designing, Motion Graphics, Rotoscopy, Animation, and more job roles. The hiring will be carried in 78 Arena/MAAC Centers in Delhi, Mumbai, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Kochi, Indore, Pune, and Baroda. The festival aims at placing 20,000+ students and fill the vacancies. The companies hiring at the festival include Amazon, Digitoonz Media, Technicolor, MPC Films, Byjus, Wackytoon, Cimpress, 2Adpro, Digital Maya Studios and Vista Prints, and others.

Speaking about the initiative, Mahendra Nath Pandey, Minister of Skill Development and Entrepreneurship said, "I congratulate MESC on this special endeavor. Their efforts in creating a robust and vibrant skill eco-system for catalyzing quality vocational training in the media and entertainment sector are commendable. The sector has significant potential and bridging the gap between the industry and adequate skilled professionals, it can reach newer heights. Through our efforts under Skill India Mission, we aim to create a competent workforce not only fulfilling the demands of the domestic market but also making its mark, globally."

Subhash Ghai, Chairman, MESC, while launching the festival said that "film industry alone employs professionals in 72 vocational skills. Our partners meet the changing needs of the media and entertainment industry when it comes to training the students. Along with creating a skilled youth, MESC is dedicated to creating future leaders by providing them with a stepping stone to start their careers." Adding to Ghai's statement, . Mohit Soni, CEO, MESC said, "We wanted to set a benchmark for the industry that this many number of job fairs can be conducted across the country in such a short span of time. We are hopeful for 100% placements in the festival."

Dr. Anuj Kacker, President & Executive Director, Aptech Ltd, said "The demand for right skilled, quality manpower currently outstrips supply in the Media and Entertainment industry. At Arena Animation & MAAC, we empower our students by not only honing the creative talent of the students and providing them with the right technical skills but also by developing their personality, communication, teamwork, and interpersonal skills. The emphasis is on developing their career in the long term and not only on helping them get their first jobs." He continued, "Through the Great Indian Media Job Festival in association with Media & Entertainment Skill Council will not only help the candidates find their dream jobs but also help the recruiters by providing a large pool of talent from which to find the right match."

To participate in the 'Great Indian Media Job Festival', candidates (students & job seekers) can enquire or walk-in and register themselves on-the-spot free of registration cost at their nearest Arena Animation/MAAC Centers in the above-mentioned cities. Alternatively, they can also register themselves online.

According to FICCI Frames 2019, with its current trajectory, the M&E sector is expected to cross INR 2.35 trillion (US$33.6 billion) by 2021 at a CAGR of 11.6%, therefore giving enormous opportunities to the skillful students and job seekers looking to make a strong career in media and entertainment industry.

The Hindu Business Line |

How to tap music's employment potential

China has proved that the music industry can create millions of jobs. India must work to promote interest, investment in the sector

The story of the recorded music industry in India would be that of David powering Goliath. The ₹1,068-crore recorded music industry is the fuel for the ₹3,100-crore radio industry, the ₹74,000-crore TV/broadcast industry, the ₹7,500 crore live events industry - as per the A Billion Screens of Opportunity, 2019 report by EY and FICCI - as well as unicorns in the ₹2,700-crore audio/OTT industry (according to Deloitte’s Economic Impact of the recorded music industry in India Report, 2019).

Soundtracks from the recorded music industry are core to employment generation in the informal sector, where music is a key component of services provided by brass bands and local DJs. However, India is not tapping fully into the employment generation potential of its music ecosystem. The robust music ecosystem in China has generated 40 million jobs in this sector. Till 2012, China was behind India in global rankings, but today ranks amongst the top 10 music markets in the world. Voluntary licensing helped China break the investments logjam and acted as the turbocharger for a thriving, employment-generating music economy.

What will it take for India to achieve such results?

Encouraging interest

The logical first step would be to assess the current level of employment generated by music and its associated activities. Following the footsteps of countries such as Australia and the UK, there is an urgent need for government-funded studies to map the employment generated by the recorded music industry and its economic contribution. With the 2021 Census fast approaching, it might be the ideal time to include careers related to media and entertainment sectors - TV and cinema artistes, musicians, artisans, traditional craftsmen, etc - under the categories of occupation.

The Department for Promotion of Industry and Internal Trade (DPIIT) should engage with the World Intellectual Property Organisation, which has developed templates to capture economic data in the creative sector in a globally acceptable format.

A change in mindset is also needed. Activity around music is an integral component of the gig economy, and so the Indian society must move away from the generalisation of music as a mere hobby - music can be a viable career option if treated as a serious subject. In China, there are almost 400 colleges and universities offering a graduate degree in music.

Inclusion of music in the higher education curriculum; community support from academia, think tanks, trade bodies, chambers of commerce and the National Skill Development Corporation; and the establishment of world-class music universities along the lines of the Berklee College of Music and The Julliard School will sensitise and help students discover employment opportunities in music.

The National Film Awards of India were first presented in 1954 to recognise the exceptional talent and production of films. There’s no reason why the Ministry of Information and Broadcasting shouldn’t have a National Award for music, which would be vital to provide recognition, and also encourage more people to consider music as a career.

Boosting investment

Despite a diverse and talented musical culture, there is a lack of performance venues and infrastructure that can support creative talents and the associated gig economy. Investments in a performing arts ecosystem can also boost employment in the cultural and tourism sectors. A case in point: as per The Vancouver Music Ecosystem Study Report, 2018, the music ecosystem in Vancouver generates revenues over C$690 million per year, with an employment impact of C$520 million per year from 14,540 jobs.

Inclusion of performance centres as part of Smart City projects and in tax incentives must be initiated to attract players such as LiveNation, AEG, TicketMaster, to create performance centres - especially spaces that could host music and art festivals.

To unlock this potential of the music ecosystem, it is important that there be a jugalbandhi between the industry stakeholders and the government. For example, a music-centric grants scheme, linked to the DPIIT’s ‘Start-up India’ scheme and aligned with the reforms to increase the ease of doing business must be established. Such a scheme can be used for investment in music content by regional and local music labels.

China’s gargantuan leap to becoming one of the top 10 music markets and creating 40 million jobs was fuelled by encouraging a free market media ecosystem, which ensured fair market prices for content and facilitated ease of doing business, attracting investments. In India, however, ambiguity surrounding existing laws related to licensing of copyrighted works has led to hurdles in ensuring fair value.

The dragon has thrown down the gauntlet and shown the world how a robust laissez-faire music economy can generate jobs. There is no reason why the Indian tiger, with its cultural richness, cannot do the same.

India Education Diary |

Italy to be the partner country at FICCI FRAMES 2020

The 21st edition of FICCI FRAMES, organized by FICCI, is slated to take place from 18 to 20 March 2020 in Mumbai and Italy has been finalized as a partner country.

A high-level delegation from the Italian media and entertainment industry will take part in the event with the aim to promote the Italian creative industry in India. The delegation will comprise Italian filmmakers, writers, producers, animation studio heads, film technology professionals, film commissions of various regions of Italy, and so on.

The Italian delegation will share their knowledge and best practices in different verticals of the media and entertainment sector through masterclasses and workshops, and also through business-to-business meetings with their Indian counterparts to discuss business tie-ups, co-productions, content buying and selling, etc.

Italy will also set up a country pavilion, organized by the Italian Trade Agency, at FICCI FRAMES 2020 to showcase potential film-shooting locations in Italy along with various incentives available for filmmakers. Indian states will also get an opportunity to showcase their shooting locations to the Italian producers.

India and Italy have already signed a co-production treaty, and Italy’s participation at FICCI FRAMES will be a further boost to co-production activities between the producers of both countries apart from strengthening business ties in the media and entertainment sector.

FICCI FRAMES, will be a three-day event that will provide a platform for the exchange of ideas and knowledge between individuals, countries and conglomerates in the media and entertainment industry.

Television Post |

FICCI Frames 2020 to kick-off on 18 Mar with Italy as partner country

The 21st edition of FICCI Frames, organised by FICCI, is slated to take place from 18 to 20 March 2020 in Mumbai and Italy has been finalised as a partner country.

A high-level delegation from the Italian media and entertainment industry will take part in the event with the aim to promote the Italian creative industry in India. The delegation will comprise Italian filmmakers, writers, producers, animation studio heads, film technology professionals, film commissions of various regions of Italy, and so on.

The Italian delegation will share their knowledge and best practices in different verticals of the media and entertainment sector through masterclasses and workshops, and also through business-to-business meetings with their Indian counterparts to discuss business tie-ups, co-productions, content buying, and selling, etc.

Italy will also set up a country pavilion, organized by the Italian Trade Agency, at FICCI Frames 2020 to showcase potential film-shooting locations in Italy along with various incentives available for filmmakers. Indian states will also get an opportunity to showcase their shooting locations to the Italian producers.

India and Italy have already signed a co-production treaty, and Italy’s participation at FICCI Frames will be a further boost to co-production activities between the producers of both countries apart from strengthening business ties in the media and entertainment sector.

FICCI Frames will be a three-day event that will provide a platform for the exchange of ideas and knowledge between individuals, countries, and conglomerates in the media and entertainment industry.

Outlook |

Arena Animation and Aptech Aviation Academy Launched in Doddaballapur

The following press release comes to you under an arrangement with NewsVoir. PTI takes no editorial responsibility for the same.) Bengaluru, Karnataka, India (NewsVoir) Aptech Ltd. has announced the launch of its two brands, Arena Animation - India’s premier educator in high-end 3D Animation & VFX and Aptech Aviation Academy in NS Infocity at Doddaballapur, Bangalore. Arena Animation has been a pioneer in Animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D Animation, VFX, multimedia and game design from the leading experts of the industry. To cater to the growing need of skilled human resources in the industry, Arena Animation has variety of programs that covers advanced concepts in animation, visual effects, gaming, and multimedia. Some of the career courses include Animation Prime, VFX Prime, GWDD and UI UX, which will be handled by the most experienced trainers in real time environment. According to a recent FICCI report, the Indian Animation and VFX industry is growing more than 20 percent. As per a recent report, jointly prepared by EY and FICCI, the growth of the sector is expected to get a boost in the coming years. The Indian Animation & VFX industry is expected to grow to Rs. 11,360 crore by 2020* & the Media and Entertainment industry is projected to be more than Rs. 2 Lakh crore by 2020* Aptech Aviation Academy offers career-building courses to train the students for the exciting world of aviation, hospitality, travel & tourism and retail. The number of air passengers in India is expected to be 450 million by 2020*. Airlines and airports need thousands of trained employees. Students can build a successful career in the following sectors of the aviation industry: Cabin Crew, Fares & Ticketing, In-flight services & security, Baggage handling, Passenger handling, Cargo & transportation, Load & trim and customer service. The center was formally inaugurated by Mr. P.N. Ganesh - 2 times Everest Summiteer and Super Cop 2019. Mr. Ganesh congratulated Aptech & the partners for the launch of the new campus and bringing these facilities at Doddaballapur to skill the students. Mr. Shajan Samuel - Vice President, Aptech Ltd. congratulated the partners of Doddaballapur - Mrs. Kiran Kashi and Mr. Kashinath and said that the Arena Animation & Aptech Aviation and Hospitality campus at Doddaballapur will offer the students, a state-of-the-art infrastructure, training on latest software and a great learning experience. The courses are designed by Industry experts to suit the aspirations of students who want to enter the media and entertainment & Aviation and Hospitality segment. The Chroma room, state-of-the-art computer labs and the Airplane mock up room provides students with access to cutting-edge media equipment to support their academic learning. It enables them to gain practical and hands-on experience of working on film making & aviation built with the latest technology. Mr. Kashinath - Centre Head of the facility welcomed all the students and parents to the facility and highlighted that, “The campus is well equipped with the state-of-art facilities, strong placement support, and is committed to providing contemporary quality education to the students. It will offer the full range of Arena courses & Aptech Aviation courses and focus on career programs. The students not only get exposure to the new age equipment used in the industry but also to implement technical knowledge in practicality. The campus is situated in a high end gated community with a theme park close to the airport where students can live and learn.” Mr. K V Narayan - Chairman of KVN Group congratulated Mrs. Kiran Kashi and Mr. Kashinath for the new partnership and venture with Aptech Ltd. Image 1: Mrs. Kiran Kashi - Business Partner, Mr. Shajan Samuel - Vice President - Aptech Ltd., P N Ganesh - Chief Guest, Mr. K V Narayan - Special Invitee, Mr. Kashinath - Centre Head, Mr. Balachander R - Zonal Head - Aptech Ltd. Image 2:Mrs. Kiran Kashi - Business Partner, Mr. Kashinath - Centre Head, Mr. Balachander R - Zonal Head - Aptech Ltd., Mr. Suresh Kumar - Regional Academic Head - Aptech Ltd.

Animation Xpress |

Hyderabad: India's new animation hub

Are you hungry for Indian animated fresh content? Today the animation industry is betting big with all other businesses in media and entertainment sector in terms of profit, creativity and uniqueness. Among all other cities including Hyderabad being being at the forefront is aiming to become the hub.

In recent years Hyderabad has witnessed tremendous growth and dynamism in the animation sector in the last few years and has far outperformed in all other sectors. Ernst & Young advisory services partner Ashish Pherwani highlighted at the FICCI EY report that animation and VFX industry has scaled up by 18 per cent in 2018 to reach Rs 78.9 billion marks.

Having been the beacon of the Indian animation industry, Green Gold has paved the way for vistas of aspirants and young animators. Many have followed suit after the success of Green Gold’s successful IP creation of Chhota Bheem. In a candid conversation Green Gold Animation founder and CEO and TVAGA president Rajiv Chilaka highlighted the fact that how “there has been a surge of animation studios in recent years which has helped the industry to have a strong foothold in the city. The excellent output is there for all to see.”

In 2019 the brand has set a benchmark among all others by expanding the IP Chhota Bheem into plush toy business. In addition to that, over the years the IP and the businesses around have also helped in creating job opportunities for professionals in Hyderabad as well as around the world.

“ I am happy to say that Chhota Bheem has and is playing an important role in decision making when it comes to animation as a career in Hyderabad,” says Chilaka.

In addition to the industry beacons, the present Telengana government is playing a pivotal role in supporting and developing the animation industry with various policies among which the proposed plan of creating IMAGE Tower which will be “the ultimate destination for animation, gaming and entertainment in the country,” Chilaka expressed. The state policies and the creation of IMAGE Tower will aim to transform the animation ecosystem as it aims to create job opportunities, new investments and the rush of creating more and more animated fresh content.

The State government has been and is offering training and degree programmes to the students in this sector to get employed. Skill development among the students is the key to get jobs in the sector and that is what Government is constantly pushing into. Over the years the animation industry has generated great employment scope and has offered career opportunities across a range of profiles – from technology-based jobs such as scanning, compositing, digital ink and paint, and designing to creative guys like visual-effects supervisors, 3D modellers and character animators.

In addition to that Hyderabad’s IndiaJoy media and entertainment festival in collaboration of Telengana VFX, Animation and Gaming Association (TVAGA) and Govt of Telengana, has become one of the most important platforms in the world for media and entertainment corporations to engage in businesses by attracting investors and delegates from around the world. India Joy has witnessed over 30,000 visitors converged over the course of four days on its second edition this year and has continued to became a catalyst for Indian media, gaming and digital entertainment companies on the global scale.

With the rise of employment scopes lay the responsibility of creating original content and feeding the audience. Green Gold Animation is all in for creating original content, which includes ideation, new stories, and new characters. It is quite obvious that the efforts that go into animation and creation are huge.

“Our success in creating exciting characters and shows both in India and across the world has helped us to grow the animation market here and at the same time create opportunities for the ever-growing animation students. We have a long way to go, but yes I am happy that Green Gold is contributing immensely to the animation industry in Hyderabad and we will continue to do so in the future,” Chilaka added.

With the advent of technologies, opportunities, skilled professionals, investments Hyderabad is flourishing in the animation business by satiating audience’s hunger for content.

The Hindu |

MESC signs MoU with five colleges

A “Manthan Impeccable Academia” was organised recently at India Joy 2019 where the Media & Entertainment Skills Council (MESC) conducted workshop on the innovative skilling approach.

A statement said the council also signed MoU with five colleges - Sri Ramakrishna Degree and PG college, Nandyal, Pithapur Rajah’s Government College, Kakinada, Kruti Group of institutions, Raipur, and St. Pious X Degree College and PG College for Women, Hyderabad, to offer specialised courses for students.

MESC is promoted by the Federation of Indian Chambers of Commerce & Industry with financial support from National Skill Development Corporation (NSDC) and set up through the Ministry of Skill Development and Entrepreneurship to create the skilled resource for the media and entertainment.

Financial Express |

Radio companies go out of tune in Sept quarter as ad revenues hit low notes

Radio companies’ results for the September quarter were somewhat off-key with most of them reporting lower revenues. Managements attributed the fall to a drop in advertisements arising out of muted government spending. Private sector companies, too, curtailed expenditure in the wake of a slowdown in consumption, company executives said.

“The big surprise in this quarter was that the government did not recommence its advertising as was expected after the elections got over, resulting in de-growth for the industry, which has around 15% of its revenue contribution coming from the government,” Jagran Prakashan president Apurva Purohit said. The firm owns Music Broadcast that runs the Radio City FM stations.

Entertainment Network India (ENIL), which runs the Radio Mirchi stations, registered a whopping 86.12% year-on-year decline in net profit during the quarter to Rs 1.24 crore.

The Street continues to be concerned about the performance of these companies. The share price of Music Broadcast plunged to record-lows on the NSE on Wednesday. The stock has given up about 69% of its value since January 2018.

The Nifty Media index — the worst-performing sectoral index on the NSE — has lost 27.4% so far in 2019. The share prices of ENIL and DB Corp have declined 61.3% and 14.6%, respectively, between January and now. DB Corp operates My FM brand of radio stations. ENIL, Music Broadcast and DB Corp jointly operate 142 stations across the country.

DB Corp, which reported a 16% y-o-y drop in ad revenues for the radio business in the July-September quarter, claimed that advertisement spends by government saw the ‘biggest dip’. “Real estate was also of almost a flattish growth and there were segments which grew — the automobile had a double-digit growth,” DB Corp deputy MD Pawan Agarwal said.

ENIL MD & CEO Prashant Pandey said business also took a hit as television channels, over-the-top (OTT) platforms and mid-sized FMCG companies slashed marketing spend due to the economic slowdown. Advertisement forms the bulk of revenues for radio channels.

New business offerings like concerts, activations, digital communities and music streaming could collectively constitute up to 20% of radio company revenues today, according to an EY-FICCI report released in March.

ENIL reported a 7% y-o-y decline in revenue from operations to Rs 113.91 crore in the July-September quarter while Music Broadcast’s revenue from operations decreased by 22% y-o-y to Rs 62.53 crore. Last week, Anand Rathi Institutional Research lowered Music Broadcast’s recommendation to ‘hold’ due to the risk posed by macro pressures on key advertising sectors.

DB Corp posted revenues of Rs 531.37 crore, which reflected a slight y-o-y drop. Radio advertising revenue for the quarter stood at Rs 31.6 crore, the company said, down from Rs 37.7 crore in Q2FY19.

HT Media’s revenue from the radio broadcasting and entertainment segment, however, increased to Rs 59.41 crore in the quarter from Rs 46.61 crore in the year-ago quarter.

Music Broadcast’s net profit increased to Rs 18.51 crore in Q2FY20 from Rs 13.38 crore in the year-ago quarter, while expenditure decreased by 10.25% y-o-y to Rs 55.34 crore.

DB Corp’s net profit increased to Rs 75.56 crore in the quarter against Rs 46.17 crore in Q2FY19, while expenses reduced to Rs 469.66 crore in Q2FY20 from Rs 517.85 crore in Q2FY19. Profit after tax from its radio business stood at Rs 5 crore in Q2FY20 against Rs 5.8 crore in Q2FY19.

The Hindu Business Line |

Crack down on piracy in entertainment biz

The Central government has shown foresight in identifying the media and entertainment industry as a champion sector. In the creative world, the tiniest idea gives birth to stories which take the form of various visual and performing arts. There are many livelihoods involved in the creation of films, music, literature and art, the entire creative process has investments and economics driving the sector and contributing to the GDP.

In Asia, K-Pop today contributes $5 billion to the South Korean economy - the leading player of K-Pop, Big Tree Entertainment today has a market valuation of $1 billion. Per FICCI-EY 2019 report, the media and entertainment industry in India is estimated to have revenues of approximately $25 billion.

For our country, with a rich diversity and cultural heritage there are many stories to tell, but as long as there are a high percentage of revenue leakages in the monetisation chain because of piracy, fair value to all stakeholders in the creative process will always remain a pipe dream and champion status will always elude us. The government has addressed this concern recently, but the time has now come to introduce administrative measures which will empower the executive and bring immediate and long-term relief to this cancer called piracy of content.

Cheap data and smartphone penetration have proved to be a double-edged sword. Though they have helped the Indian recorded music industry cross the ₹1,000 crore mark for the first time, as per the IFPI-IMI Digital Music Study ‘19, piracy is still pegged at 67 per cent and causes an estimated revenue loss of ₹1,500 crore annually.

Administrative measures

Like cancer, piracy will need chemotherapy and the prescribed course of action which will be most effective is through administrative measures — the executive at the Centre and State need to be empowered to block infringing websites and apps in the digital space, and in the physical space preventing counterfeit products.

The palliative care to this cancer is via digital civics where it is important that the public at large needs to be educated about the potential financial threat of accessing content illegally. As per RAND reports, entertainment piracy operations have close links to terror organisations and crime syndicates.

Cell for IPR Promotion and Management (CIPAM), an initiative of the Ministry of Commerce, has made a good start to spreading digital civics, but efforts need to be ramped up — both monetarily and professionally The MCDCU (Maharashtra Cyber Digital Crime Unit) project in Mumbai is a much-needed initiative as a B2G (business to government) partnership where industry has made monetary and technical collaborations with a State initiative.

The Maharashtra B2G initiative should be rolled out initially to other high potential creative States such as Karnataka, Kerala, West Bengal, Andhra Pradesh, Tamil Nadu with immediate effect — and in Phase 2 to the rest of the country.

The Chinese music industry lagged behind India till 2014. In 2019, it ranks at 7th and by 2022, it is expected to be amongst the top three in the world with revenues up to $1,400 million while India ranks 15th with revenues accruing to $156 million.

The creative industry, the telecom operators and the Chinese government introduced the “Sword Net Action”, an annual anti-piracy programme under which the music industry files 200-500 administrative complaints, of which, 80-90 per cent are resolved successfully every year.

The Chinese music industry has a piracy rate of 74 per cent as opposed to India’s rate of 67 per cent. However, India has a low take-down rate of 37 per cent while in China it is 97 per cent.

This is the same Chinese Digital Ecosystem where as recently as 2013, the take-down time was two weeks and two days, but now stands at two hours, highlighting the collaborative work done by the Chinese administration, telecom service providers and creative industry stakeholders on the back of administrative measures for piracy.

As per IFPI, in 2019, there were 467 websites hosting illegal Indian content outside India, the number of apps embedded with pirated Indian content grows by the hour.

It is time that India uses every diplomatic platform or forum be it at the bi-lateral level via the FTAs or multi-lateral trade pacts such as BIMSTEC and RCEP to ensure greater enforcement of media and entertainment content infringement and seek content protection for the Indian creative industry. Maybe it is time for our own India 301 annual report.

Entrepreneur |

India's Music Industry is Echoing Tunes of Optimism

In September this year, a video of Ranu Mondal-an impoverished woman singing at the Ranaghat station in West Bengal-went viral. A month later she recorded a song for Bollywood music director Himesh Reshammiya. It garnered nearly 30 million views online. Mondal's instant success succinctly illustrates the changes sweeping through India's music industry, as a confluence of deeper smartphone penetration, hectic streaming activity, an emerging non-film independent scene and a wider acceptance of regional talent breaks Bollywood's established hegemony and sets the music industry on a path to hyper growth.

According to the KPMG-FICCI Media and Entertainment Report 2018, India's music entertainment market size is expected to touch $441.53 million by FY23, up from $223.4 million in FY18, a projected CAGR of 15.5%. This upward trajectory is marked by three distinct emerging trends.

Music streaming & sing-along apps are growing at a fast pace

Music consumption on streaming platforms continues to grow at a fast pace. The streaming market is bustling with 8-9 active players, and as India overtakes the US as the world's second-largest smartphone market, growth in audio streaming is only expected to be swifter. Around 93 per cent of people surveyed by KPMG said they consumed music through their phones. Amid all these emerging trends, one of the most promising highlights is of social/karaoke music apps, both in terms of engagement and monetization.

Leading sing-along apps helmed by the likes of Smule, command greater engagement and retention than the music industry average. These apps enable users to express themselves, identify strongly with a community of singing enthusiasts and even engage directly with their favourite celebrity artists.

Bollywood dominates, but independent Indian artists are on the rise

Film-based soundtracks still command a lion’s share of revenue for the music industry, but non-film artists are making inroads gradually. Independent music creators with millions of online followers are also a growing base and a thriving ecosystem of music festivals is helping further amplify their appeal. As competition heats up, music-streaming services are also turning to bundled services and original music content produced by indie artists to improve profitability and attract consumers to their platforms.

A growing regional base

Consumption of music in regional languages is increasing steadily according to KPMG. And keeping up with the trend, several dedicated distributors and regional record labels have inked deals with digital music majors to take their catalogues online.

United News of India |

MP to have more cineplexes

Madhya Pradesh Chief Minister Kamal Nath averred on Thursday that cineplexes would be promoted for entertainment at affordable rates coupled with local-level employment generation.

During an interaction at Mantralaya, he discussed various issues with representatives of the Federation of Indian Chambers of Commerce and Industry. Subjects covered were entertainment tax concession, Goods and Services Tax and infrastructure cooperation. Cineplex operators gave suggestions in connection with running such places in villages, towns, districts and block headquarters, an official release said.

“An officer will be appointed to hold discussions on all these aspects so that there is no deviation vis-a-vis completion of formalities. Take an initiative to establish model multiplexes first. The Government will extend unalloyed cooperation,” the Chief Minister assured.

Inc42 |

I&B ministry to set up certification model for Video Streaming Platforms

The ministry of information and broadcasting (I&B) has decided to set up a model for the certification of online video streaming content after Diwali amid discontent among religious groups regarding the same. Last month, I&B minister Prakash Javadekar had met members of the film industry and Central Board of Film Certification (CBFC) at the film industry meet.

At the meeting, he announced that the I&B ministry, along with the ministry for electronics and information technology (MeitY), had decided to organise a meeting with stakeholders — representatives from OTT platforms, members of civil society, the technical community, media, ISPs, and legal expert— to discuss regulations and certification of the online content.

However, the government cannot regulate online content as video streaming platforms do not come under the Cinematograph Act of 1952. Therefore, these OTT platforms do not require certification from CFBC or any other body.

In a response to public interest litigation (PIL), the Karnataka High Court, in March, had issued a notice seeking these video streaming platform to be brought under the act. The Karnataka High Court had also urged the ministry to speed up the action on online content.

To ensure streaming platforms voluntarily adopted a self-regulatory Code of Best Practices, nine OTT platforms had adopted a “self-regulation” policy under the Internet and Mobile Association of India (IAMAI), earlier this year. These platforms included Netflix, ALTBalaji, Hotstar, Voot, ZEE5, Arre, SonyLIV, Reliance Jio and Eros Now.

Shows Created ‘Suspicion And Distrust’ For Hinduism?

The stress on the regulation of online content comes after some religious groups had expressed their concerns over Netflix’s original series Leila. According to the religious groups, the show has created “suspicion and distrust” for Hinduism and “maligned its symbols”.

Besides Leila, the religious organisations have also been unhappy about Zee5’s The Final Call and Kafir, and Netflix’s opinion-based comedy talk show The Patriot Act hosted by comedian Hasan Minhaj, who, in his show, had talked about the Indian Lok Sabha Elections 2019 and the Kashmir Issue.

According to the FICCI-EY media and entertainment industry report 2019, paid video subscribers grew from around 7 million in 2017 to 12-15 million in 2018, while video subscription revenues grew almost four times in 2018 to ₹13.4 billion.

With the government looking forward to regulating the online content, the real problem is not just limited to the OTT platforms, but for the viewers who pay to watch unfiltered quality content online, as well.

Telangana Today |

MESC to organise 'Manthan' at Ramoji Film City on Monday

Media and Entertainment Skills Council (MESC) in collaboration with Ministry of Human Resources and Development (MHRD) is organising ‘Manthan’, an academia meet on Monday, at Ramoji Film City (RFC), Hyderabad.

The event will focus on the skills training and career opportunities in media and entertainment industry while highlighting the possibilities of association between MESC and participating academic institutions.

Eminent speakers from media and entertainment industry including such as film-maker Subhash Ghai, Senior Economic Advisor, MHRD, VLVSS, Subba Rao; CEO, RFC, Rajeev Jalnapurkar; CEO, MESC, Mohit Soni; CEO, Lakshya Digital Studios, Manvendra Shukul; Co-Founder, Division Head and Chief Technical Director, Makuta VFX, Pete Draper; and many more are scheduled to take part in the event.

During the event, MESC is also set to unveil its specialised BSc courses in animation, graphics, gaming, VFX, filmmaking, performing arts etc. which will provide the students with complete and in-depth knowledge in their chosen trades and equip them with job ready skills.

The universities concerned are empowered to take up these courses through their colleges, while autonomous colleges are readily empowered and other colleges can take up these courses with their university approval.

MESC is a industry-led sector skill council promoted by FICCI and setup by National Skill Development Corporation (NSDC). MESC is working under aegis of Ministry of Skill Development & Entrepreneurship (MSDE). For information visit the website: http://mescindia.org/manthan/

Global Times |

Booming Bollywood comes home for 'Oscars' 20th edition

Mumbai hosted the "Bollywood Oscars" for the first time in India in 20 years this week with the megastars, movers and shakers of a booming Hindi film industry celebrating another bumper year, including in huge markets like China.

With nearly 1,800 titles released in 2018, the South Asian country is the biggest film industry in the world in terms of movies made, its flicks wowing viewers from Australia to Afghanistan to Africa.

The industry grew 12.2 percent in 2018, which included not only Hindi-language - Bollywood - movies, but also titles in regional languages like Tamil and Telugu, according to a report released in March by Ernst & Young and the Federation of Indian Chambers of Commerce & Industry.

The huge South Asian diaspora in North America, Britain and the Gulf region has traditionally been the major overseas market.

Bollywood blockbuster releases in parts of North America and Britain are huge events, with passionate fans often queueing for hours just to catch a glimpse of stars like Shah Rukh Khan.

But Indian films have also been making huge inroads elsewhere - most notably in China.

The black comedy Andhadhun, for example, nominated for best picture at the glitzy Indian International Film Academy Awards held on Wednesday, was a huge hit with Chinese viewers, grossing almost $50 million.

Aamir Khan, the star of the two top-grossing Indian films in China, has a crazed following there and is known by many as Nan Shen ("male god").

Film distributor Akshaye Rathi told AFP that the industry has also seen "great growth" in many European countries and in Canada, New Zealand and Singapore thanks to the South Asian community.

"Now it is just a matter of time before we focus on the wider populations in these countries," Rathi added.

And not forgetting 1.3 billion strong India itself, where there is massive potential for further growth.

According to the Ernst & Young analysis, industry revenues are estimated to swell from 174.5 billion rupees ($2.4 billion) in 2018 to 236.1 billion rupees in 2021.

As the other nominees for best picture at the IIFA - spy thriller Raazi, swashbuckling epic Padmaavat, and middle-aged motherhood comedy-drama Badhaai Ho - underline, Bollywood has long ago moved on from the cliched all-singing, all-dancing affair.

The industry has also been attracting big, institutional capital and fresh talent, which have helped create greater variety and reaching out to wider, often younger, audiences.

There were fears for the industry when major streaming services arrived in India a few years ago, changing the way many Indians consume films.

But the likes of Netflix and domestic players like Hotstar have instead been a shot in its arm, providing a new medium for releasing films and more money for new productions.

Unlike regular cinematic releases, they are not subject to India's notoriously stuffy censors.

Revenues from the sale of digital rights ballooned nearly 60 percent in 2018, according to the EY-FICCI report, with Amazon Prime and Netflix among the major buyers.

The major streaming giants have started producing original Indian content, splashing out on big-money titles.

Netflix, for example, recruited Bollywood superstars Nawazuddin Siddiqui and Saif Ali Khan for its acclaimed series Sacred Games.

Last week, the streaming giant linked up with Karan Johar, one of the highest-profile producers in Bollywood, to produce films and series exclusively for its platform.

livemint |

Viacom18 launches Colors Telugu on VOOT

Viacom18 Digital Ventures has announced its foray into the Telugu market with the launch of the company’s Telugu language television channel Colors Telugu on its video streaming service VOOT. The new language play will offer audiences 1,200 plus hours of content including catch-up television, digital originals and more than 150 Telugu movies.

“We were getting a lot of native Telugu speakers from states like Andhra Pradesh and Telangana on our Hindi library. That is when we realized there is an audience out there and we owe it to them to come up with content," said Gourav Rakshit – chief operating officer, Viacom18 Digital Ventures.

Rakshit said the regional play was important for the company and their digital plans, especially given the success of languages like Marathi, Tamil and Bengali on VOOT. The recent success of Bigg Boss Marathi with over 100 million views establishes the scale of the regional content opportunity.

According to the FICCI- EY media and entertainment industry report 2019, Google claims that 97% of content consumed on its YouTube platform is now in local languages and a similar trend was seen across most OTT platforms in India, all of whom claimed that over 90% of consumption on their platforms was in local languages. Driven by the faster growing rural internet population, as well as increased time spent by rural audiences on their phones on entertainment as compared to urban audiences, this trend will continue to be relevant in 2019 and beyond, and is expected to lead to more money being allocated to regional language content and marketing, the report added.

As far as the Telugu library goes, VOOT has four fiction shows in production. The marquee offering, however, will be the Telugu derivative of its popular Hindi programme, Feet Up with the Stars. In this case, it will be hosted by popular Telugu movie actor Lakshmi Manchu.

“Regional continues to be a key revenue driver for VOOT and with the new COLORS Telugu on VOOT slate we will have added further depth to our very dynamic regional content proposition," Akash Banerji, head, AVOD (advertising led video-on-demand) Business, Viacom18 Digital Ventures said in a statement. “Regional has also become the new national and plays a decisive role in the outreach strategy of many brands. Our presence in the segment hence allows us to serve our existing advertisers better while also tapping into new region-specific advertisers, thereby broad basing our base. We are already seeing significant response and going forward our innovative brand solutions will help us deliver substantial value to our advertisers and thereby garner their patronage."

Financial Express |

ACT Fibernet bets big on gaming, partners Cyprus-based Wargaming

Internet services provider ACT Fibernet on Wednesday said it has partnered Cyprus-based Wargaming to bring ‘World of Warship’ gaming title to India as it looks to cash in on the burgeoning gaming segment in India. The Bengaluru-based company has also launched dedicated gaming tariff plans that will offer users access to fast internet speed optimised to reduce packet losses and jitters while gaming. “With the gaming industry in India now beginning to grow, we believe our proposition of a gaming pack puts together in one place what the customer wants – speeds, data, low pings, in game benefits and offers will meet the needs of gamers and enable a delightful gaming experience,” Atria Convergence Technologies Ltd (ACT) Head of Marketing Ravi Karthik said. He added that the company has worked closely with Wargaming to bring exclusive in-game rewards, skills and level-ups as part of its partnership.

“ACT Fibernet has also worked closely with Wargaming to optimise routing to World of Warship servers to provide best gaming experience on our network,” he said. Wargaming has over 200 million registered users globally. Its World of Warships is a team-based, multiplayer online action game featuring large-scale naval battles.

Since its launch in 2015, World of Warships has added over 30 million registered players on the back of its focus on history, military, and engineering enthusiasts. World of Warships Executive Producer Artur Plociennik said the company plans to add content exclusively developed for India market, including national ship camouflages and India-themed skin, initially available only to Indian players. He added that the company will also explore the possibility of bringing in content such as thematic ports, containers, and patches in the near future for Indian users.

According to a FICCI-EY report, the online gaming segment in India was estimated to be Rs 3,000 crore and is forecast to touch Rs 12,000 crore by 2021. Online gamers in India grew to 278 million in 2018.

Eastern Eye |

Booming Bollywood comes home for 'Oscars' 20th edition

Mumbai hosts the The international Indian film academy awards (IIFA) – known as the “Bollywood Oscars” for the first time in India in 20 years this week with the megastars, movers and shakers of a booming Hindi film industry celebrating another bumper year, including in huge markets like China.

With nearly 1,800 titles released in 2018, the South Asian country is the biggest film industry in the world in terms of movies made, its flicks wowing viewers from Australia to Afghanistan to Africa.

The industry grew 12.2 per cent in 2018, which included not only Hindi-language - Bollywood - movies, but also titles in regional languages like Tamil and Telugu, according to a report released in March by Ernst & Young and the Federation of Indian Chambers of Commerce & Industry.

The huge South Asian diaspora in North America, Britain and the Gulf region has traditionally been the major overseas market.

Bollywood blockbuster releases in parts of North America and Britain are huge events, with passionate fans often queueing for hours just to catch a glimpse of stars like Shah Rukh Khan.

But Indian films have also been making huge inroads elsewhere - most notably in China.

The black comedy Andhadhun, for example, nominated for best picture at the glitzy Indian International Film Academy Awards on Wednesday, was a huge hit with Chinese viewers, grossing almost $50 million.

Aamir Khan, the star of the two top-grossing Indian films in China, has a crazed following there and is known by many as “Nan Shen” (“male god”).

Film distributor Akshaye Rathi told AFP that the industry has also seen “great growth” in many European countries and in Canada, New Zealand and Singapore thanks to the South Asian community.

“Now it is just a matter of time before we focus on the wider populations in these countries,” Rathi added.

And not forgetting 1.3 billion-strong India itself, where there is massive potential for growth.

According to the Ernst & Young analysis, industry revenues are estimated to swell from 174.5 billion rupees ($2.4 billion) in 2018 to 236.1 billion rupees in 2021.

A shot in the arm

As the other nominees for best picture at the IIFA - spy thriller Raazi, swashbuckling epic Padmaavat, and middle-aged motherhood comedy-drama Badhaai Ho - underline, Bollywood has long ago moved on from the cliched all-singing, all-dancing affair.

The industry has also been attracting big, institutional capital and fresh talent, which have helped create greater variety and reaching out to wider, often younger, audiences.

There were fears for the industry when major streaming services arrived in India a few years ago, changing the way many Indians consume films.

But the likes of Netflix and domestic players like Hotstar have instead been a shot in its arm, providing a new medium for releasing films and more money for new productions.

Unlike regular cinematic releases, they are not subject to India’s notoriously stuffy censors.

Revenues from the sale of digital rights ballooned nearly 60 per cent in 2018, according to the EY-FICCI report, with Amazon Prime and Netflix among the major buyers.

The major streaming giants have started producing original Indian content, splashing out on big-money titles.

Netflix, for example, recruited Bollywood superstars Nawazuddin Siddiqui and Saif Ali Khan for its acclaimed series “Sacred Games”.

Last week, the streaming giant linked up with Karan Johar, one of the highest-profile producers in Bollywood, to produce films and series exclusively for its platform.

“It’s going to be P.H.A.T - pretty hot and tempting,” said Johar.

Asia Times |

Bollywood magic casts its global spell

Get ready for the glitz and glamour – the Bollywood Oscars are finally coming home.

Mumbai will host the star-spangled International Indian Film Academy Awards on Wednesday for the first time in 20 years as the country’s movie industry celebrates another stellar year.

In 2018, 1,800 movies were released, wowing viewers from Australia to Afghanistan to Africa. And, of course, China.

During the same period, India’s film sector expanded by 12.2%, according to a report published in March by Ernst & Young, or EY, and the Federation of Indian Chambers of Commerce & Industry.

The huge South Asian diaspora in North America, the United Kingdom and the Gulf region has traditionally been major overseas markets, with passionate fans often queueing for hours just to catch a glimpse of stars such as Shah Rukh Khan.

But Indian films have also been making huge inroads elsewhere – most notably in China.

The black comedy Andhadhun, for example, nominated for best picture at the Bollywood Oscars, was a huge hit with Chinese viewers, grossing almost US$50 million.

Aamir Khan, the star of the two top-grossing Indian films in China, has a crazed following there and is known by many as Nan Shen, or “male god.”

Film distributor Akshaye Rathi confirmed that the industry has also seen “great growth” in many European countries and in Canada, New Zealand, and Singapore because of the South Asian community.

The Guardian |

'Bollywood Oscars' comes home with first ceremony in India

The international Indian film academy awards – known as the Bollywood Oscars – are to be held in India for the first time in their history this week.

Mumbai will host the 20th IIFA awards ceremony on Wednesday, where the megastars of a booming Hindi film industry will celebrate another bumper year, including in huge markets such as China. The event has been held in countries around the world since it began in 2000, with previous host cities including London, Toronto and Singapore, and most recently Bangkok.

With nearly 1,800 titles released in 2018, India has the biggest film industry in the world in terms of the number of movies made. The industry grew 12.2% last year, including not only Hindi-language movies but also titles in regional languages such as Tamil and Telugu, according to a report released in March by Ernst & Young (EY) and the Federation of Indian Chambers of Commerce & Industry (FICCI).

The huge south Asian diaspora in North America, Britain and the Gulf region has traditionally been the major overseas market. Blockbuster releases in parts of North America and Britain are huge events, with passionate fans often queueing for hours.

But Indian films have also been making huge inroads elsewhere – most notably in China, where the black comedy Andhadhun, nominated for best picture at the IIFA awards, grossed almost $50m (£40m) .

Aamir Khan, the star of the two top-grossing Indian films in China, has an ardent following there and is known by many as “Nan Shen”, or male god.

The film distributor Akshaye Rathi said the industry had also seen growth in many European countries and in Canada, New Zealand and Singapore thanks to the south Asian communities there.

“Now it is just a matter of time before we focus on the wider populations in these countries,” Rathi added.

In India itself, with its population of 1.3 billion, there is also massive potential for growth. According to the EY-FICCI analysis, industry revenues are expected to grow from 174.5bn rupees (£2bn) in 2018 to 236.1bn rupees in 2021.

Other nominees for best picture at the IIFA awards include the spy thriller Raazi, the swashbuckling epic Padmaavat, and Badhaai Ho, a comedy-drama about middle-aged motherhood. They show how Bollywood has long since moved from the cliched all-singing, all-dancing films of the past.

There were fears for the industry when major streaming services arrived in India a few years ago, changing the way many Indians consume films. But the likes of Netflix and domestic players such as Hotstar have instead been a shot in its arm, providing a new medium for releasing films and more money for new productions. Unlike regular cinematic releases, they are not subject to India’s notoriously strict censors.

Revenues from the sale of digital rights grew nearly 60% in 2018, according to the EY-FICCI report, with Amazon Prime and Netflix among the major buyers.

The streaming giants have also started producing original Indian content. Netflix, for example, recruited the superstars Nawazuddin Siddiqui and Saif Ali Khan for its acclaimed series Sacred Games.

Last week, Netflix signed a deal with Karan Johar, one of the highest-profile producers in Bollywood, to produce films and series exclusively for its platform.

“It’s going to be P-H-A-T – pretty hot and tempting,” said Johar.

Financial Express |

From Hotstar and Amazon Prime to Zee5, OTT players forging collaborations

OTT rivals Zee5 and ALTBalaji recently entered into an alliance to co-create original content that would be made available on both the platforms. In October 2018, South Asian streaming service HOOQ partnered with Hotstar to make a host of Hollywood content available to Hotstar’s paid subscribers. MX Player, another video streaming service, shares content from SonyLIV and Hoichoi, a Bangla OTT service, for free on its ad-led platform. Additionally, Amazon Prime Video is reportedly in talks with Zee5 to add more Hindi and regional language content to its library.

Will partnerships such as these be the norm in the digital entertainment market in India?

Marriage of convenience

The Indian OTT industry has roughly three dozen players clamouring for consumers’ attention, subscription fees and a prized spot in their app consideration set. This makes it paramount for platforms to get user acquisition, content, monetisation and technology right to succeed — an uphill task for most.

Initially, OTT platforms acquired licences of marquee movies to attract consumers, while Indian broadcasters chose the catch-up TV route for their OTT verticals. But they soon realised that an original content line-up is indispensable.

In FY 19, the digital arm of Balaji Telefilms, ALT Digital, incurred a loss of around Rs 114 crore. Shobha Kapoor, MD, Balaji Telefilms, said while announcing the partnership with Zee5 that the tie-up will help Balaji Telefilms turn profitable, “thereby giving us an opportunity to scale up our business ambitions, creating value for all our stakeholders”.

Till March 2019, ALTBalaji, the most affordable OTT platform in India (available at an annual subscription of Rs 300), claimed to have 2.1 crore subscriptions and more than 35 original shows, in its annual report. Meanwhile Zee5, whose subscription fee is more than thrice that of ALTBalaji, reportedly has a user base of 7.46 crore and over 50 original shows. As of July this year, all of ALTBalaji’s shows are streamed on Zee5. While Zee5 lends the distribution muscle, ALTBalaji brings in original shows, adding to the former’s content line-up, without additional investments.

Meanwhile, MX Player has 14 original shows. “We cater to a wide spectrum of audiences; therefore, it makes sense for us to work with a number of partners. SonyLIV and Hoichoi get access to our scale and distribution, while we get access to their varied content,” says Karan Bedi, CEO, MX Player. Similarly, ALTBalaji’s tie up with Dialog Axiata provides ViU app users in Sri Lanka access to original Indian content.

Collaborating, not competing

Zulfikar Khan, MD, HOOQ India, believes most tie-ups are aimed at improving distribution. “The Indian market is diverse, comprising regional language services, broadcaster-led apps, content creators and pure-play OTT services. Such diversity brings in the problem of distribution,” he adds. The partnership with Hotstar allows HOOQ to expand its footprint in India; here, it was previously distributed by telcos Airtel and Vodafone.

Telecom players have emerged as the MSOs of the digital video streaming ecosystem, offering sampler bundles to consumers. As per a FICCI-EY study, over 200 million people accessed digital content through telco data bundles in 2018, generating up to 60% of video viewership volume in 2018. In the same period, telcos spent Rs 350-400 crore acquiring content from OTT players.

Over time, analysts say, independent players will wear out unless they opt for consolidation. “Eventually, funding will dry up for independent OTT players. Some may merge with other players or get acquired. Only the international players, broadcaster-led OTT platforms and content aggregators, like the telcos, will survive the churn,” says Rohit Dokania, senior VP – research, IDFC Securities.

livemint |

Bollywood stars get off the beaten track, feature in pop videos

To remain in public memory, especially of young millennials glued to their smartphones, a bunch of Hindi film actors aim to extend their brand image through appearances in pop music videos. Late last month, music label T-Series launched its latest non-film song, a single track titled Pachtaoge, featuring popular actor Vicky Kaushal and sung by Bollywood playback sensation Arijit Singh.

A few days before that, actor Alia Bhatt was seen in Punjabi singer-songwriter duo The Doorbeen’s new single titled Prada. Last year, Shahid Kapoor and Kiara Advani appeared in Yo Yo Honey Singh’s rendition of the 1990s hit Urvashi. The A.R. Rahman composition was recreated by T-Series. Meanwhile, Hrithik Roshan and Sonam Kapoor have recreated Dheere Dheere Se Meri Zindagi, a cover version of the 1990 Aashiqui song by Honey Singh.

Music videos were earlier seen as the domain of models such as Jas Arora and Malaika Arora Khan, who had shot to fame in the late ’90s with chartbusters such as Gur Naal Ishq Mitha and Pyar Ke Geet respectively. Later, artists such as Atif Aslam and Badshah appeared in their own videos.

Now, popular actors are using this as a medium to boost their online presence and extend their brand image outside films, say experts in the media and entertainment industry. “It’s clearly an effort to stretch the brand equity of the name involved," said Harish Bijoor, brand strategy specialist and founder, Harish Bijoor Consults Inc.

“While films go through their own network of theatres and distributors to reach people, advertising featuring these actors manifests through print and broadcast. This trend (of appearing in pop music videos) is meant to percolate down to the digital medium, thereby covering all platforms," said Bijoor.

Music labels exploit YouTube to popularise these single tracks, and, as Bijoor pointed out, to cater to a young audience that is watching content on the move.

The fact that content stays on the web forever also provides opportunities for repeat viewing. According to the FICCI-EY media and entertainment industry report 2019, Indians spend 30% of their time on mobile phones on entertainment, second only to social media.

However, in terms of data, they use upwards of 70% on entertainment. Indians downloaded more media and entertainment apps in 2018 than ever before, with the highest growth rates (44%) in entertainment, music, and game apps.

Appearance in pop music videos also gives actors vying for the attention of audiences a chance to remain in the public eye. “Bollywood is all about being seen. So, if these guys have a gap between two releases, this is a very easy and fast way to stay in the news and the limelight," said Jigar Rambhia, national director for sports and entertainment partnerships at Wavemaker India. “All these younger stars cater to the youth which is a very fickle audience," he said.

It is often a case of “out of sight, out of mind" for these young and new names. They cannot afford a two- to three-year gap between films the way senior artistes such as Aamir Khan do, he said.

The other way of looking at the trend is that some of these videos can act as musical trailers to bigger film projects, Rambhia said. Shahid Kapoor and Kiara Advani appeared in the Urvashi song months before the release of their romantic drama Kabir Singh. Incidentally, both were backed by T-Series.

Industry experts say the music label benefits as much in terms of eyeballs when there is a Bollywood face on board. Actual monetisation for the video may only take place on the basis of YouTube hits, but negotiations with actors may often translate into long-term deals, with the pop single only being one part of it.

“Both films and videos have a story to tell and the cast is selected based on who can best bring alive the message that we are trying to convey. That’s why you will see that some of our videos will have the (playback) artistes themselves, while some may have other talent cast. However, having a popular face is an advantage in the beginning as it helps get eyeballs. However, post that, it is up to the quality of the content to make it fly," said Jackky Bhagnani, founder of Jjust Music that produced Bhatt’s Prada number.

The New Indian Express |

Nod for 26% FDI in digital news media

The Union cabinet has today allowed 26 per cent Foreign Direct Investment (FDI) in digital news media. The Indian government has for long allowed up to 26 per cent FDI in print news media, and 49 per cent in news television. However, there was no clarity on which of these caps applied to digital media.

A large number of digital media houses, which run popular news websites but do not run any print newspaper, magazine or television channels, have begun operations in the country.

A press note issued by the government announcing the FDI rule said “the extant FDI policy provides for 49 per cent FDI under approval route in Up-linking of ‘News &Current Affairs’ TV Channels. It has been decided to permit 26 per cent FDI under government route for uploading/ streaming of News & Current Affairs through Digital Media, on the lines of print media.”

Today’s announcement clarifies that the FDI rules for these digital news media houses will be the same as that for print media companies. According to a FICCI-EY report released this year, digital media grew 42 per cent to reach a turnover of Rs.16,900 crore in 2018.

ET Brand Equity |

Govt announces 26% FDI in digital media

Days after indicating a change in FDI regime across sectors including in the digital media, Union government on Wednesday announced 26 % foreign direct investment (FDI) in digital media sector through the government approval route.

Moreover, in the print media sector, 26 per cent FDI is already allowed and 49 per cent FDI is permitted in broadcasting content services, both through the government approval route.

Meanwhile, according to a FICCI-EY report, with the increasing large base of internet users, digital media in the country is expected to overtake film entertainment in 2019 and print by 2021 to reach $ 5.1 billion in 2021.

The report had said that digital media grew by 42 per cent in 2018, valued at $ 2.4 billion, it said noting that Indians spent 30 per cent of their phone time on entertainment. It expects the digital medium to be $ 3.2 billion in 2019.

Meanwhile, the Cabinet relaxed FDI norms in several sectors including single-brand retail and contract manufacturing to attract overseas players.

The New Indian Express |

Reliance Jio's first day first show plans spooks multiplex stocks

Reliance Jio has come a long way from just being the bugbear of telecom sector incumbents. Among the flurry of announcements Reliance Industries (RIL) chairman Mukesh Ambani made earlier this week was one that has set the cat among the pigeons in the cinema exhibition sector.

According to Ambani, Jio’s soon to be launched high-speed broadband and home entertainment offering - Jio Fibre - will eventually launch a package that will allow its subscribers to watch movies releasing in theatres at home on the very first day.

“Premium JIOFIBER customers will be able to watch movies in their living rooms the same day these movies are released in theatres! We call this Jio First-Day-First-Show and we plan to launch this service in the middle of 2020,” Ambani had said during RIL’s 42nd AGM.

The announcement saw investors begin a sell-off in multiplex stocks once markets opened on Tuesday, with little improvement in stocks since. India’s two listed multiplex firms - PVR Ltd. and Inox Leisure Ltd. - saw stock prices fall over 4 per cent each on Tuesday. Both firms’ scrip values have fallen 5.54 per cent (for PVR) and 3.54 per cent (for Inox) since the Ambani’s announcement.

Both firms have also responded to what is likely to be a highly disruptive development, with Inox noting that “ producers, distributors and multiplex owners in India have mutually agreed to an exclusive theatrical window of 8 weeks, between the theatrical release of a movie, and release on any other platform”. PVR, for its part, added that both “in India and globally, producers have respected the release windows and kept a sacrosanct gap between the theatrical release date & the date of release on all other platforms, i.e. DVD, DTH, TV, OTT etc”.

According to a FICCI report on India’s media and entertainment sector, out of the total filmed entertainment revenues of Rs 17,450 crore in 2018, the theatrical box office (domestic & overseas) contribution was about 75 per cent. “...we expect cinema exhibition to continue to expand,” said PVR.

Financial Express |

Radio continues to evolve in India, grew 7.5 pct in 2018

When MTV launched onto television sets, the first song they aired was ‘Video Killed the Radio Star’, by The Buggles. The rise of cable TV and the internet did seem to ring alarm bells for radio, but this humble medium once again staved off threats by adapting to evolving tastes. Media pundits have been chanting death knells for radio in India, but one needs to remember that radio survived the tape, CD, iPod and will be as popular in the age of music-streaming apps. Despite being often described as a struggling media, radio is still very much alive and kicking, managing to attract and engage huge audiences in our country.

There is more to radio than meets the eye. Radio might very well be looking at its best days yet. Broadcast radio (AM) today reaches a staggering 99% of the Indian population, while FM radio reaches 65%. According to the EY-FICCI report ‘A billion screens of opportunity’, 47 new radio stations were operationalised in 2018 across 35 cities, taking the total number to 386 radio stations in the country.

Radio has been able to successfully fight off threats, which bring us to the question: What makes this traditional medium so successful even today?

Reaching all corners

Radio is an effective broadcast platform with the power to unite millions. Unlike TV and print, radio is highly interactive, hyper-local in nature, and is free of cost for audiences. The expansion to both tier-2 and tier-3 cities with the Phase-III auction policy, coupled with the diversification of content for varied listener interests, offers latent growth opportunities in India’s FM radio industry. The findings of the EY-FICCI report corroborate that tier-2 and tier-3 cities are driven more by local advertising to generate higher revenues from SME and retail advertisers. With issues of national interest being broadcast on radio, and a chance to listen to the leader of the nation addressing citizens everywhere, audiences tune-in frequently and further engage with the medium, even in areas where other platforms can’t reach.

Trust and credibility

In digital medium, it is difficult to curb ‘fake news’. It is often observed that in the TRP race to grab eyeballs, even TV channels tend to exaggerate and repeat themselves. Whereas, on radio, information is crisp, straightforward and informative. People listen attentively as they know it won’t be repeated. In the content clutter these days, radio helps audiences focus and retains their attention for a longer duration as compared to TV, where pictures and headlines distract the viewer. Also, there are very few reported events of fake news on radio, making it, by far, the most credible and authentic medium out there.

What keeps radio relevant in the age of the internet is the localised flavour of conversations, chat shows, quizzes and audience interaction. Different RJs and celebs on this medium have now built their own brand and fan-following, and have given millions of listeners something to look forward to every day.

Going digital

While online streaming services like Spotify, Gaana, Saavn are fine-tuning their business models and content offerings, radio has already adapted to changing user behaviour. In fact, major players of the FM radio industry have already gone digital. By allowing listeners to tune-in to their favourite radio shows online, they are expanding their audience and, in the process, offering 360-degree solutions to advertisers. Also, instead of cutting into each other’s operations, we will witness an increased number of partnerships between radio players and streaming apps, where specific and personalised content can be pitched to advertisers.

As the radio industry becomes more competitive and with communication becoming more content-centric, podcasts have emerged as the new battleground. Radio podcasts offer a wide variety of content with the least amount of clutter. Equipped with engaging content and subtle, seamless incorporation of advertisements, these podcasts offer the nostalgia of radio enhanced with an enriched listening experience.

Working its way up

From an advertising viewpoint, too, the transformation of radio as a medium from a traditional to an omnichannel model has opened new avenues for brands to reach out to target audiences in more relevant ways. Beyond ads, radio is enabling growth through advertiser-funded programmes, programmatic content, concerts, digital content and delivery, events and activation, podcasts, etc.

Radio also offers an extensive advertising bouquet, covering terrestrial as well as digital. As per the EY-FICCI report, the sector grew 7.5% in 2018 and reached a size of Rs 31.3 billion, taking its share in total advertising to 4.2%. It isn’t just about the reach, but also the advertising options that radio makes available. For instance, brands can opt for RJ mentions, thereby tapping into a loyal fan base. This sort of activation isn’t possible with online streaming.

In the digital world where it’s as easy as shooting a video and making content out of it, radio has risen to the challenge and has been flawlessly delivering content not only through audio formats, but also engaging videos for digital consumption. With the consumer at the very core of their strategies, major players of the private FM industry are focusing on building communities to get a better understanding of their listeners.

The medium is here to stay

While radio has withstood time and the waves of change, it has also learned to adapt to the ever-changing media landscape. We not only see radio platforms amplify their reach and visibility via digital platforms, but the reverse effect also taking place with digital using radio stations to tap into their audiences. With a data-centric approach, radio will continue to be a profitable medium for audiences, marketers and investors alike.

Business Standard |

Netflix unveils mobile only subscription plan in India at Rs 199 per month

Aiming to come close to its rivals like Amazon Prime and Hotstar in India, American video streaming giant Netflix on Wednesday unveiled a mobile subscription plan for India at Rs 199 per month.

The plan will enable users to view content in standard definition (SD) on one smartphone or tablet at a time.

This is Netflix's fourth Indian plan, in addition to the existing basic, standard and premium plans which are priced between Rs 499 and Rs 799.

"Our members in India watch more on their mobiles than members any other country in the world -- and they love to download our shows and films. We believe this new plan will make Netflix even more accessible and better suit people who like to watch on their smartphones and tablets -- both on the go and at home," Ajay Arora, Director, Product Innovation, Netflix, told reporters here.

"Indian consumers watch on the go. And you can't beat that feeedom."

According to a FICCI-EY 2019 report, Indians spend 30 per cent of their phone time and over 70 per cent of their mobile data onn entertainment.

"Our goal is to get Netflix on as many devices as we can. Today, Netflix is present on 1700 plus device models," Nigel Baptiste, Director of Partner Engagement, Netflix said.

Netflix is investing heavily in Indian films and series across all genres and for all generations, includin much-loved hits like Sacred Games, Chopsticks and Mighty Little Bheem.

According to the company, thirteen new films and nine new original series are already in the pipeline.

The company began testing the mobile-only subscription service in few countries in March.

The Times of India |

Netflix focussing on pricing, partnerships to win India market

US-based Netflix is focussing on pricing and forming alliances to strengthen its foothold in the Indian market that is among the largest consumers of data globally. A premium player, Netflix had started its operations in India in 2016 and has since then struck a number of partnerships in India, including Bharti Airtel, ACT Fibernet and Hathway.

"Every bit of friction between our members and content, we want to eliminate. So, whether it is increasing payment methods, different price plans, working with different partners, we will get there. Where we are is a far cry from where we want to be, and we continue to be on that journey," Netflix Director of Partner Engagement Nigel Baptiste told .

He added that the company is working with a variety of partners across the ecosystem to optimise user experience across multiple screens (mobile, tablet, laptops and TV).

"Our goal is to get Netflix on as many devices as we can. Today, Netflix is present on 1,700-plus device models," he said adding that the company is also investing heavily on originals and licensing content in India across genres and languages.

The company has over 151 million paid memberships in more than 190 countries. It does not disclose country-specific subscriber numbers.

For Netflix, India is also an important bet given that the company is witnessing sluggish growth in its home market.

Netflix on Wednesday rolled out an India-first mobile-only plan that will allow users access to the content on its platform for a monthly fee of Rs 199. This will help the company compete head-on with rivals Amazon Prime Video and Hotstar that offer their services for Rs 129 and Rs 299 a month, respectively.

"The mobile plan for Rs 199 a month is made for India. Users will have access to the same unlimited standard definition (SD), ad-free content under this plan," he said.

The video content platform, which had been testing the mobile-only plan for several months in India at Rs 250 per month, has also restructured its three existing plans. Previously, it offered three pricing slabs of Rs 500, Rs 600 and Rs 800 that have now been restructured to Rs 499, Rs 649 and Rs 799, respectively.

There is a growing trend of consuming on-demand content services on television, a significant number of people watch content on smartphones.

Baptiste cited insights around Netflix usage in India. "Our members in India watch more on their mobile phones than members anywhere else in the world. Also, Netflix members in India are among the highest downloaders of content globally," he said.

Also, the number of films watched a month per member in India has grown 50 per cent since January 2018.

According to a FICCI-EY 2019 report, Indians spend 30 per cent of their phone time and over 70 per cent of their mobile data on entertainment.

Online content consumption in India has seen massive growth with data plans becoming more affordable. Data rates in India are among the cheapest globally.

live mint |

Netflix tries to woo Indian customers with cheaper mobile-only subscription plan

Netflix’s mobile-only plan, which has been under test in India for a while, is now live. The plan is meant for Indian users only and costs ₹199 monthly. It allows users to watch content in standard definition (SD) resolution only and on one screen at a time. That said, it works across both mobile phones and tablets.

This is the first time Netflix has introduced such a plan and India is the first country to get it. At the moment, it is unclear whether the company is going to bring the plan to other countries.

While Netflix has been present in India for a while now, the company has faced tough competition from local players like Hotstar, Alt Balaji and even global competitor Amazon (through Prime Videos). The company has invested in developing original content for Indian viewers, but it hasn’t racked up the numbers in terms of subscriptions yet.

Unlike Hotstar, Netflix doesn’t offer a free tier to its users, except a trial period. Amazon, on the other hand, bundles Prime Video under its Amazon Prime subscription, which also includes its music streaming service and faster deliveries on its e-commerce platform. This, on paper, makes it easier for Amazon and Hotstar to acquire customers in India than Netflix.

According to a June 2019 report by PricewaterhouseCoopers (PwC), India is the tenth largest market for OTT (over-the-top) streaming in the world. The overall revenue here stands at ₹4,462 crore and subscription-based video-on-demand platforms are expected to grow at a 23.33% CAGR rate, reaching ₹10,712 crore in revenues between 2018 and 2023.

The report also stated that a total of 34 competitors exist in the market, which includes names like Netflix, Amazon Prime Video, VOOT, ZEE5, Eros Now, ALTBalaji and more.

In an earlier report by Mint, Akash Banerji, head of advertising video-on-demand business at VOOT, said that the “OTT market is clearly tilted towards advertising right now", which would make it difficult for a platform like Netflix that depends on subscriptions over advertising.

That said, the company noted that Indians spend over 70% of their mobile data on entertainment, according to a FICCI-EY report this year. So, a cheaper mobile-only plan could be a good way for Netflix to amass more paying customers from the country.

Yourstory |

Netflix rolls out its mobile-only subscription plan for India

After testing a mobile-only plan at Rs 250, Netflix has officially launched its mobile-only subscription plan for India at Rs 199 per month. The new plan has the same features as other Netflix plans, and users will be able to access all Netflix content in standard definition (SD) on one smartphone or tablet or iPad at a time. The new Rs 199 plan is Netflix's fourth Indian plan, in addition to the existing basic, standard and, premium plans.

Addressing a press conference in New Delhi, Ajay Arora, Director, Product Innovation, Netflix said that Netflix members in India watch more on their mobiles, and that people in India sign up on the mobile than anywhere else in the world. Netflix has about 151 million paid memberships in over 190 countries.

According to a FICCI-EY 2019 report, Indians spend 30 percent of their phone time — and over 70 percent of their mobile data — on entertainment. Netflix in a statement said that it is investing heavily in Indian films and series across all genres and for all generations, including much-loved hits like Sacred Games, Chopsticks and Mighty Little Bheem. Thirteen new films and nine new original series are already in the pipeline.

In addition to the introduction of a new mobile plan, Netflix has also adjusted prices for its three existing plans. The Basic plan is now available at Rs 499 per month, Standard at Rs 649, and Premium at Rs 799 per month.

Netflix has also updated its app features pertaining to smart downloads, mobile previews, and sharing to social media. "Most recently, we improved our Android app — by making the sign-up flow for new members and the app load more quickly on entry-level smartphones," the OTT major said in the statement.

Business Today |

India most important market for Netflix, launches a mobile-only plan at Rs 199

A first of its kind, global streaming service Netflix has introduced a mobile plan for the Indian market. The Rs-199 per month plan will allow users to access uninterrupted and ad-free Netflix content in standard definition (SD) on one smartphone/tablet at a time.

This announcement comes a few days after Netflix announced its second-quarter results. Netflix has a subscription base of 150 million globally. While the company does not share region-wise subscriber base, a recent report by RedSeer Consulting, a Bangalore-based research and consulting firm, estimates 11 million monthly active users (MAU) for Netflix in India. The launch of the new mobile-only plan is likely to get more subscribers to the Netflix platform. Netflix had three existing plans with the basic one starting at Rs 499 per month, standard at Rs 649 per month and premium at Rs 799 per month.

Commenting on the importance of the Indian market, Jessica Lee, Vice President, Communications, Asia, Netflix, says, "India is the only country where we are launching a mobile-only plan. The country is a pillar for us. With the huge population rise, rising middle class and all the entertainment that we can create out of India, it is an important play in the books of Netflix."

The mobile-only plan introduced today has been designed on the basis of the usage pattern of Netflix India subscribers that stream more on mobiles as compared to Netflix subscribers anywhere in the world.

Indian Netflix subscribers are among the highest downloaders of content globally. Interestingly, In India, more people sign in on the mobile than anywhere else in the world. On the usage front, Netflix says that 70 per cent of the subscribers watch at least one film a week on their platform. According to a FICCI-EY 2019 report, Indians spend 30 per cent of their phone time - and over 70 per cent of their mobile data - on entertainment.

"Our members in India watch more on their mobiles than members anywhere else in the world. They love to download our shows and films. We believe this new plan will make Netflix even more accessible and better suit people who like to watch on their smartphones and tablets -- both on the go and at home," says Ajay Arora, Director, Product Innovation, Netflix.

Netflix has been investing heavily in Indian films and series across all genres and for all generations. Thirteen new films and nine new original series are already in the pipeline.

The company is already testing features such as voice search and referrals.

Earlier this year in January, Netflix along with many other Online Curated Content Providers including Hotstar, Voot, Zee5, Arre, SonyLIV, had voluntarily signed a self-regulatory Code of Best Practices under the aegis of the Internet and Mobile Association of India (IAMAI). The Code establishes guiding principles for Online Curated Content (OCC) Providers to conduct themselves in a responsible and transparent manner and at the same time ensures that consumer interests are protected.

India TV |

Netflix mobile plan unveiled in India: Price, specs and more

Aiming to come close to its rivals like Amazon Prime and Hotstar in India, American video streaming giant Netflix on Wednesday unveiled a mobile subscription plan for India at Rs 199 per month.

The plan will enable users to view content in standard definition (SD) on one smartphone or tablet at a time.

This is Netflix's fourth Indian plan, in addition to the existing basic, standard and premium plans which are priced between Rs 499 and Rs 799.

"Our members in India watch more on their mobiles than members any other country in the world -- and they love to download our shows and films. We believe this new plan will make Netflix even more accessible and better suit people who like to watch on their smartphones and tablets -- both on the go and at home," Ajay Arora, Director, Product Innovation, Netflix, told reporters here.

"Indian consumers watch on the go. And you can't beat that freedom."

According to a FICCI-EY 2019 report, Indians spend 30 per cent of their phone time and over 70 per cent of their mobile data on entertainment.

"Our goal is to get Netflix on as many devices as we can. Today, Netflix is present on 1700 plus device models," Nigel Baptiste, Director of Partner Engagement, Netflix said.

Netflix is investing heavily in Indian films and series across all genres and for all generations, including much-loved hits like Sacred Games, Chopsticks and Mighty Little Bheem.

According to the company, thirteen new films and nine new original series are already in the pipeline.

The company began testing the mobile-only subscription service in few countries in March.

India TV |

Netflix mobile plan unveiled in India: Price, specs and more

Aiming to come close to its rivals like Amazon Prime and Hotstar in India, American video streaming giant Netflix on Wednesday unveiled a mobile subscription plan for India at Rs 199 per month.

The plan will enable users to view content in standard definition (SD) on one smartphone or tablet at a time.

This is Netflix's fourth Indian plan, in addition to the existing basic, standard and premium plans which are priced between Rs 499 and Rs 799.

"Our members in India watch more on their mobiles than members any other country in the world -- and they love to download our shows and films. We believe this new plan will make Netflix even more accessible and better suit people who like to watch on their smartphones and tablets -- both on the go and at home," Ajay Arora, Director, Product Innovation, Netflix, told reporters here.

"Indian consumers watch on the go. And you can't beat that freedom."

According to a FICCI-EY 2019 report, Indians spend 30 per cent of their phone time and over 70 per cent of their mobile data on entertainment.

"Our goal is to get Netflix on as many devices as we can. Today, Netflix is present on 1700 plus device models," Nigel Baptiste, Director of Partner Engagement, Netflix said.

Netflix is investing heavily in Indian films and series across all genres and for all generations, including much-loved hits like Sacred Games, Chopsticks and Mighty Little Bheem.

According to the company, thirteen new films and nine new original series are already in the pipeline.

The company began testing the mobile-only subscription service in few countries in March.

The Economic Times |

Digital media to reach $5.1 bn by 2021: Report

With the increasing large base of internet users, digital media in the country is expected to overtake film entertainment in 2019 and print by 2021 to reach USD 5.1 billion in 2021, according to a FICCI-EY report.

Film segment was valued at USD 2.5 billion in 2018 and estimated to be USD 2.8 billion in 2019, while print was valued at USD 4.4 billion in 2018 and estimated to reach USD 4.8 billion in 2021.

Digital media grew by 42 per cent in 2018, valued at USD 2.4 billion, it said noting that Indians spent 30 per cent of their phone time on entertainment. It expects the digital medium to be USD 3.2 billion in 2019.

India has the world's second-highest number of internet users after China, with around 570 million internet subscribers, growing at a rate of 13 per cent annually.

There were 325 million online video viewers and 150 million audio streaming users in 2018. It expects the country to have 30-35 million paying OTT video subscribers and 6-7 million paying audio subscribers by 2021. The advertising led model was valued at USD 2.2 billion, while the subscription was valued at USD 0.2 billion in 2018.

By 2021, it estimates ad model to be USD 4.3 billion and the subscription model to be USD 0.8 billion. "While watch time could grow 3 to 3.5x over the next five years, resulting in a massive inventory growth, advertising revenues will grow only around 2x. CPMs (cost per mile) will correspondingly fall during the period for non- premium inventory," it said. It noted that telecom operators would become the new multi-system operators.

"While 60 per cent of total consumption today is through telco bundles, it is estimated to grow to over 75 per cent by 2021 and cater to over 375 million subscribers," it added.

It noted that with the new TRAI Tariff order, OTT platforms would benefit due to increased parity between television and OTT content choices and costs. Overall the Indian media and entertainment sector touched USD 23.9 billion, a growth of 13.4 per cent over 2017. It is expected to grow to USD 33.6 billion by 2021.

"During 2018-2021, growth will be driven by online gaming and digital media," it said adding that TV will retain its pole position as the largest segment in terms of revenue.

Indian online gaming subscriber base grew from 183 million in 2017 to 278 million in 2018, it noted, adding that the revenue is expected to be 1.7 billion in 2021 from 0.7 billion in 2018.

Television grew at 12 per cent in 2018 to reach USD 10.6 billion and is estimated to be USD 13.7 billion by 2021.

"Indian broadcasters will continue to expand their global footprint. International revenues could reach 15 per cent of the topline by 2021," it said.

The Times of India |

State aims at Vfx, animation biz push

State finance and IT minister Amit Mitra on Friday said the government is focused on making Kolkata the visual effects (Vfx) and animation capital of India.

Mitra was speaking at a workshop organized by Webel DQE Academy, an initiative of the department of IT and electronics with DQ Entertainment (International). Quoting a KPMG-FICCI report, he said the growth projection for India in the Vfx industry is Rs 13,170 crore at a rate of 17.2% by 2021.

With Netflix and Amazon Prime doling out exclusive content, the minister said, “Our target is to bring these giants to Bengal to produce indigenous content. Today, there are nearly 300 animation studios in India and 15,000-20,000 animators that produce gems like Bahubali. Kolkata must reach that spot.”

The minister said a cutting-edge technology centre, catering to AI, analytics, etc, will be set up at Sector V.

On the IT ecosystem in Bengal, he said that TCS will employ around 15,000 IT professionals at their facility that will come up over 15acres at the Bengal Silicon Valley. Jio has taken up a 40acre plot there to build the most advanced internet of things-based artificial intelligence analytics centre in the country. He also urged entrepreneurs to set up similar animation academies.

Financial Express |

Netflix to roll out cheaper mobile screen plans for India

The US-based streaming platform said Indian audiences’ “growing engagement” with the platform motivated it to introduce cheap mobile tier offering in the country. The company said it is in India for the long haul where “growth is a marathon”.

Video streaming player Netflix, which had been testing mobile-only plans in India, on Wednesday said it will roll out lower-priced mobile-screen plans in the country in the July-September quarter. The move is seen as taking on competition from other similar OTT players like Amazon Prime Videos which are priced lower.

The US-based streaming platform said Indian audiences’ “growing engagement” with the platform motivated it to introduce cheap mobile tier offering in the country. The company said it is in India for the long haul where “growth is a marathon”.

“In a market where the typical pay-TV package is under $5, we think we need to have a lower price offering to improve the accessibility, but also one that complements the existing tiering structure that we have,” chief product officer Greg Peters said in the Q2 2019 earnings call.

Netflix has been testing weekly and monthly mobile-only plans starting at Rs 65 per week and Rs 250 per month for select mobile users in India. Netflix’s current monthly plans are priced at Rs 500, Rs 650 and Rs 800, considerably higher than its competitors.

According to research firm Media Partners Asia, Netflix has around a million subscribers in India and about 150 million subscribers globally.

Netflix competes with global OTT (over-the-top) players like Amazon Prime Video and domestic players Hotstar, Zee5, SonyLiv and AltBalaji in the Indian market. The company’s India unit posted a net profit of `20.2 lakh in the year to March 2018.

In India, Hotstar is the top app in terms of downloads and monthly active users (MAUs), according to a FICCI-EY report released in December 2018. Analysts said Hotstar presents a strong value proposition to Indian consumers with its plum offering of sports events, especially cricket, which is akin to religion in the country.

India with its access to abundant cheap data and growing young population, which consumes content on mobile phones, is an increasingly lucrative market for Netflix, analysts said. Out of three billion smartphones across the world currently, the Indian market accounts for over 450 million, estimate analysts at Boston Consulting Group (BCG).

Earlier this week, Netflix announced five new India original series that will be developed in collaboration with leading domestic studios from Shah Rukh Khan’s Red Chillies Entertainment and Anushka Sharma and Karnesh Sharma’s Clean Slate Films to Mutant Films. In 2017, Netflix invested around $70-$80 million on original content in the country.

The firm is increasingly producing content in Hindi and other regional languages to woo customers in the country where significant consumption of content is still in regional languages. Players like Zee5 are gaining traction on back of regional content.

In Q2 2019 (calendar year), Netflix’s paid membership grew by 2.7 million, less than the 5.5 million added in Q2 2018 and less than 5 million forecasted by the company. Revenue for the quarter stood at $4.9 billion, higher than revenue of $3.9 billion posted in Q2 2018.

Financial Express |

What multiplex chains are doing to grow in small towns

The Indian film industry is among the largest in the world in terms of movies released annually. In 2018, 1,776 films were released in India, while only 878 films (including foreign titles) were released in the US. India also outdoes the US in terms of cinema admissions — in 2018, over three billion tickets were sold in India, while the US and Canada together saw only 1.3 billion ticket sales. However, as per a FICCI-EY report, the number of screens in India is a fraction of what the US has — 9,601, as against the 55,623 screens in the US, as of 2018.

India’s low screen count can primarily be attributed to the low penetration of movie theatres in tier II, III and IV markets. Leading multiplex chains like PVR, INOX and Carnival Cinemas, as well as upcoming players, have identified these markets as the next frontier for growth. While working on premium offerings for the urban market, they are attempting to increase their footprint in the smaller markets.

While multiplexes have changed how urban India watches movies, a large part of the country still flocks to the single screens. The 2019 FICCI-EY report states that the top four multiplex chains of India account for 41% of the domestic box office collections; but they account for just 22% of the total screen count. In 2018, only a third of the 9,601 screens were multiplexes.

That’s why multiplex owners are making a beeline for smaller towns. “Our focus is on towns where the population is one lakh or less and which are surrounded by towns with a population of 10,000-15,000,” says Mohan Umrotkar, CEO, Carnival Cinemas, indicating a plan to make the central town an entertainment hub for neighbouring towns.

Carnival Jalsa, Carnival Cinemas’ multiplex model for small towns, will house two or three screens with a maximum capacity of 500, an F&B outlet and a retail store for which the cinema chain is reportedly in talks with Future Group. On the company’s anvil are 30 Carnival Jalsa projects in the next two years. PVR, meanwhile, is experimenting with a low-cost sub-brand titled PVR Talkies in eight markets at the moment, and is likely to open more such outlets soon. INOX is already present in places like Ajmer, Bharuch, Jorhat, Anand, Kurnool, Jalgaon and Belagavi. Alok Tandon, CEO, INOX Leisure, says that the company plans to roll out 80 screens across the country in FY20, which will be “evenly spread between the smaller markets and metros”.

Then there’s Nova Cinemaz, the cinema exhibition network of UFO Moviez which is also investing in rural cinema. And Ajay Devgn too is investing Rs 600 to set up theatres across rural India.

Even though multiplexes form a small part of the overall screen universe, they bring in the big advertising bucks, says Ajay Mehta, MD—interactive television, GroupM India. “Even the single screens are hence transforming to attract more advertisers, because they get a lot of business from local brands.” Advertising inventory in small town cinemas is limited to 15 minutes for now. The hope is that with the increase in footfall, the advertising inventory scope within theatre premises could widen.

Growth, at a steep cost Setting up multiplexes requires deep pockets. An INOX screen, for instance, could entail an investment cost of Rs 2.5-3 crore. Cinema exhibitors are working out ways to bring this cost down to cater to the price-sensitive cinema-goer in small towns. “Our volume of investment is commensurate to the paying propensity of customers in the catchment,” says INOX’s Tandon.

Carnival Jalsa does not plan to spend heavily on infrastructure, but will install basic amenities. “These screens will not have high-end projection systems. We will opt for a basic 5.1 or 7.1 sound system,” Umrotkar informs.

The investments made will also determine the cost of tickets. A modest price point of Rs 100-120, experts say, is appropriate for small towns and non-metros. At the moment, INOX Ajmer has priced one ticket for the movie Kabir Singh at Rs 76. The most expensive ticket, priced at Rs 138, is for its Gold screen that has a seating capacity of 52. In comparison, the ticket price for the same movie in the same multiplex chain in Bengaluru starts at Rs 138 and goes up to Rs 440.

The Dispatch |

Arena Animation opens its new centre in Mehdipatnam, Telangana

Powered by Aptech, India’s premier educator in high-end 3D animation and visual effects, Arena Animation has announced the launch of its 6th centre in Hyderabad, Telangana.

Arena Animation has been a pioneer in animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D animation, VFX, multimedia, and game design, from the leading experts of the industry. To cater to the growing need of skilled human resources in the industry Arena Animation has a variety of programs that covers advanced concepts in animation, visual effects, gaming, and multimedia.

Some of the Career courses Include AD3D EDGE, ADMD, VFX Plus, Max Pro, and Maya Pro, which will be handled by the most experienced trainers in real time environment. The centre will also offer next-gen training programs in Trinity 3D, VFX Film making and Gaming Courses in Game Art, Game Design and Game Development.

According to a recent FICCI report, the Indian animation and VFX industry is growing more than 20 per cent. As per a recent report, jointly prepared by EY and FICCI, the growth of the sector is expected to get a boost in the coming years.

The animation sector in India has been growing at a steady pace over the past few years and reached Rs 17 billion in 2017, registering a growth of 13 per cent over 2016. It is expected to grow at a CAGR of 11 per cent till 2020.

The centre was formally inaugurated by Jayesh Ranjan – Principal Secretary of Information Technology (IT) Department of the Telangana Government. “Telangana is a state that heavily advocates higher education to all. The state has also been working on adapting its policy on animation, visual effects, and comics sector (AVGC) to boost the industry in the state. And can provide great impetus to the development of the state. The Government of Telangana is committed to providing an ecosystem for the AVGC Sector, and trained human resources in the media and entertainment industry are the need of the hour”, congratulated Jayesh Ranjan Arena Animation and Mike (Madhav Reddy) for the new centre.

“With over twenty-three years of experience, Arena Animation is focused on facilitating the youth with the right skills required for the future industries. We have trained over four lakh students globally since our inception and are extremely elated to proclaim that we are committed to empowering the youth of India in their journey to fulfil aspirations. Setting up a world-class animation institute in Mehdipatnam at this point is aligned with the cause of the government”, commented Shajan Samuel Aptech Asst. Vice President.

“With Arena Ameerpet being the first, this is my second franchise of ARENA Animation. I am pleased with the support that we are getting from APTECH to deliver the courses most efficiently. As envisioned, this centre is well equipped with the state of art facilities, Strong placement support, and is committed to providing contemporary quality education to the students. It will offer the full range of Arena courses and focus on career programs. The students not only get exposure to the new age equipment used in industries but also to implement technical knowledge in practicality”, said Mike (Madhav Reddy), the proud Business partner of Arena Animation Mehdipatnam.

Besides being running multiple successful businesses in different sectors, Mike (Madhav Reddy) is also the General Secretary of Telangana VFX, Animation and Gaming Association (TVAGA). He is the most active member in the association and contributed with his brilliant ideas and suggestions for building a healthy AVCG ecosystem in Telangana state.

Arena Mehdipatnam franchise is owned by Mike (Madhav Reddy) Founder of Rotomaker India Pvt Ltd and has special privileges of getting support from the real-time production team and guaranteed placements in Rotomaker production.

Rotomaker is one of the top Visual Effects outsourcing companies in India that bears a reputation for working on more than 2000 VFX projects from which the majority of them being blockbuster Hollywood movies.

The Times of India |

FICCI organises an interactive session with Academy President John Bailey

John Bailey, President of Academy of Motion Picture Arts and Sciences, said the Indian film industry is one of the biggest in the world and should increase its presence internationally and at the Academy. Speaking at the Interactive Session with Stakeholders of Media and Entertainment Industry organized by FICCI on Tuesday, Bailey said, “India is a land of storytellers. I appreciate the enthusiasm of Indian film industry. I would like to see more members from India at the Academy.” Bailey who was on a visit to India with wife Carol Littleton, also Governor at the Oscar Academy, applauded the large number of movies produced in India.

“My understanding is that 1,800 movies in a year is produced in India, which is more than four times the number that we make in the United States. It’s important that there should be more representation of Indian cinema abroad,” he said.

On popularity of Indian films at the Oscars, Bailey said, “Indian cinema is not that well known to Hollywood-based Academy members as much as French, English, Italian or, basically, western cinema is.” He said limited distribution and exposure of Indian cinema in the US was the key reason.

“I understand that Indian cinema is doing very well in China and other countries, so it's also up to the Indian industry to increase its efforts in the US,” Bailey said.

The Academy and film institutes around the world are encouraging and supporting diversity without compromising on the artistic values in films, he added.

Vani Tripathi Tikoo, Member, Central Broad of Film Certification said, “Indian film industry has been recognized as the largest producer of content and every corner of the country has diverse stories in different languages that completes the picture.” Amit Khanna, renowned lyricist and filmmaker, said, “The fault lies within the industry. We are not promoting Indian movies in the international market. There is no restriction in applying for any international festivals. These festivals help the movies get due recognition at the global circuit.”

Rahul Rawail, acclaimed filmmaker, appreciated the efforts of the Academy and requested Mr Bailey to send experts for Master Classes for the Golden Jubilee edition of IFFI which will be organized at Goa in November 2019.

Television Post |

Enhance exposure of Indian cinema in US: Oscar Academy head John Bailey

The Academy of Motion Picture Arts and Sciences president John Bailey said that the Indian film industry is one of the biggest in the world and should increase its presence internationally and at the Academy. The Academy organises the Oscar Awards which is Hollywood’s most prestigious awards ceremony.

Speaking at the Interactive Session with Stakeholders of Media and Entertainment Industry organised by FICCI Bailey said, “India is a land of storytellers. I appreciate the enthusiasm of the Indian film industry. I would like to see more members from India at the Academy.”

Bailey¸ who was on a visit to India with wife Carol Littleton, also Governor at the Oscar Academy, applauded the large number of movies produced in India.

“My understanding is that 1,800 movies in a year are produced in India, which is more than four times the number that we make in the United States. It’s important that there should be more representation of Indian cinema abroad,” he said.

On the popularity of Indian films at the Oscars, Bailey said, “Indian cinema is not that well known to Hollywood-based Academy members as much as French, English, Italian or, basically, western cinema is.” He said that limited distribution and exposure of Indian cinema in the US was the key reason.

“I understand that Indian cinema is doing very well in China and other countries, so it’s also up to the Indian industry to increase its efforts in the US,” Bailey said.

The Academy and film institutes around the world are encouraging and supporting diversity without compromising on the artistic values in films, he added.

Member, Central Broad of Film Certification Vani Tripathi Tikoo said, “Indian film industry has been recognized as the largest producer of content and every corner of the country has diverse stories in different languages that completes the picture.”

Lyricist and filmmaker Amit Khanna said, “The fault lies within the industry. We are not promoting Indian movies in the international market. There is no restriction in applying for any international festivals. These festivals help the movies get due recognition at the global circuit.”

Filmmaker Rahul Rawail appreciated the efforts of the Academy and requested Bailey to send experts for Master Classes for the Golden Jubilee edition of IFFI which will be organised at Goa in November 2019.

Dumkhum |

Enhance exposure of Indian cinema in US: Oscar Academy head John Bailey

Mr Amit Khanna, Renowned Lyricist and filmmaker; Mr John Bailey, President of Academy of Motion Picture Arts and Sciences; Ms Vani Tripathi Tikoo, Member, CBFC and Ms Carol Littleton during an Interactive Session with Stakeholders of Media and Entertainment Industry at FICCI in New Delhi.

There should be more representation of Indian cinema abroad said Mr John Bailey, President of Academy of Motion Picture Arts and Sciences. He further emphasised that the Indian film industry is one of the biggest in the world and should increase its presence internationally and at the Academy.

Speaking at the Interactive Session with Stakeholders of Media and Entertainment Industry organised by FICCI on Tuesday, Mr Bailey said, “India is a land of storytellers. I appreciate the enthusiasm of Indian film industry. I would like to see more members from India at the Academy.”

Mr Bailey¸ who was on a visit to India with wife Ms Carol Littleton, also Governor at the Oscar Academy, applauded the large number of movies produced in India.

“My understanding is that 1,800 movies in a year is produced in India, which is more than four times the number that we make in the United States. It’s important that there should be more representation of Indian cinema abroad,” he said.

On popularity of Indian films at the Oscars, Mr Bailey said, “Indian cinema is not that well known to Hollywood-based Academy members as much as French, English, Italian or, basically, western cinema is.” He said limited distribution and exposure of Indian cinema in the US was the key reason.

“I understand that Indian cinema is doing very well in China and other countries, so it’s also up to the Indian industry to increase its efforts in the US,” Bailey said.

The Academy and film institutes around the world are encouraging and supporting diversity without compromising on the artistic values in films, he added.

Ms Vani Tripathi Tikoo, Member, Central Broad of Film Certification said, “Indian film industry has been recognised as the largest producer of content and every corner of the country has diverse stories in different languages that completes the picture.”

Mr Amit Khanna, renowned lyricist and filmmaker, said, “The fault lies within the industry. We are not promoting Indian movies in the international market. There is no restriction in applying for any international festivals. These festivals help the movies get due recognition at the global circuit.”

Mr Rahul Rawail, acclaimed filmmaker, appreciated the efforts of the Academy and requested Mr Bailey to send experts for Master Classes for the Golden Jubilee edition of IFFI which will be organised at Goa in November 2019.

Moneycontrol |

Enhance exposure of Indian cinema in US, says Oscar Academy head John Bailey

President of Academy of Motion Picture Arts and Sciences John Bailey said the Indian film industry is one of the biggest in the world and should increase its presence internationally and at the Academy.

Speaking at the Interactive Session with Stakeholders of Media and Entertainment Industry organized by FICCI on Tuesday, Bailey said, “India is a land of storytellers. I appreciate the enthusiasm of the Indian film industry. I would like to see more members from India at the Academy.”

Bailey, who is also the Governor at the Oscar Academy, applauded the large number of movies produced in India on his visit.

“My understanding is that 1,800 movies in a year are produced in India, which is more than four times the number that we make in the United States. It’s important that there should be more representation of Indian cinema abroad,” he said.

On the popularity of Indian films at the Oscars, Bailey said, “Indian cinema is not that well known to Hollywood-based Academy members as much as French, English, Italian or, basically, Western cinema is.” He said limited distribution and exposure of Indian cinema in the US was the key reason.

“The fault lies within the industry. We are not promoting Indian movies in the international market. There is no restriction in applying for any international festivals. These festivals help the movies get due recognition at the global circuit,” renowned lyricist and filmmaker Amit Khanna said.

“I understand that Indian cinema is doing very well in China and other countries; so it's also up to the Indian film industry to increase its efforts in the US as well,” Bailey said.

"The Academy and film institutes around the world are encouraging and supporting diversity without compromising on the artistic values in films," he added.

Business of Cinema |

The India Pavilion organized by the ministry of Information and Broadcasting along with FICCI has been a tremendous success at The Cannes Film Festival

The India Pavilion that has become a hub for Indian filmmakers and filmmakers across the world interested in Indian content, was visited by more than 500 people along with some eminent personalities making their presence felt.

The focus this year was the 50th edition of International Film Festival of India that is held in Goa every year, the Film Facilitation Office that facilitates Single Window Clearance and the steps taken by the Indian government to combat piracy.

After an inauguration with Mr. Amit Khare, Secretary, Ministry of I & B, Mr. Ashok Parmar, Joint Secretary, Ministry of I & B, Mr. Dilip Chenoy, Secretary General, FICCI, Mr. Prasoon Joshi, Writer, Poet, Chairman, CBFC and Mr. A R Rahman, an Oscar winning music composer; the pavilion saw Mr. Shaji Karun, Mr. Rahul Rawail, Mr. Madhur Bhandarkar, Mr. Ketan Mehta, Mr. Mohan Agashe, Ms. Kangana Ranaut, Mr. Vikas Khanna, Ms. Tannishtha Chatterjee, Ms. Rima Das, Ms. Huma Qureshi and Ms. Diana Penty among many other prominent actors, filmmakers, distributors and buyers from India and abroad.

There were some fruitful meetings between the Indian delegates and the dignitaries from Israel, France, Germany, Brazil, New Zealand, Philippines, Austria, Norway, Sweden, Taiwan and Canada that took place at the pavilion where they discussed possibilities of further collaborations with India.

The good news is that co-productions, shootings of international films in India and shooting of Indian films in other countries are increasing at a rapid space, putting India on a global map as an impressive, globally attractive source for content collaborations.

Many dignitaries also mentioned about their visit to the content market at FICCI FRAMES and showed their eagerness to visit FICCI FRAMES in 2020 as well.

Many filmmakers found their partners for co-productions and collaborations at the India Pavilion.

A Kannada film ‘David’ struck a deal with a Los Angeles based USA distribution company that acquired the world rights of the film for 2 million US Dollars after a screening at Cannes.

The team of the film thanked FICCI and the Ministry of I & B for giving them a platform that gave them an opportunity to showcase their trailer and help them meet possible collaborators.

The Sentinel |

Amit Khare Inaugurated India Pavilion At Cannes

Amit Khare inaugurates India Pavilion at Cannes. There is a renewed focus on regional cinema: Amit Khare, Secretary, Ministry of Information & Broadcasting, Government of India, inaugurated the India Pavilion at Cannes Film Festival 2019. The inaugural event was hosted by Bobby Bedi, Indian Filmmaker and MD, Kaleidoscope Entertainment in the presence of Ashok Kumar Parmar, Joint Secretary, Ministry of Information & Broadcasting, Government of India, Jerome Paillard, Executive Director, Marche Du Film Festival, Cannes Film Market, Prasoon Joshi, Writer, Poet and Chairman, CBFC, Ministry of Information & Broadcasting, Government of India and Rima Das, National Award winning Indian Filmmaker and India’s nominee for Oscar. The welcome address was given by Dilip Chenoy, Secretary General, FICCI.

With a delegation known to have done a lot of work with regards to the entertainment industry in India, the agenda is to showcase diversity in films of our country while furthering collaborations with filmmakers around the world. The India Pavilion will facilitate discussions on Indian cinema with the aim of forging an increasing number of international partnerships in the realm of distribution, production, filming in India, script development and promoting film sales and syndications. The focus this year is on the 50th Edition of International Film Festival of India that is held in Goa every year, the Film Facilitation Office that facilitates Single Window Clearance and the steps taken by the Indian government to combat piracy.

In his inaugural address Khare spoke about emerging trends with regards to the entertainment industry in India. “Firstly, a trend which is emerging now is a renewed focus on regional cinema. The second trend is the important role of state governments. States are coming forward to give incentives to shoot. The third important trend is the strong focus on use of technology particularly in animation and VR. India with its growing software industry has done quite well in the technical scene.” He said.

“We have started single window clearance and incentives for filming in India. There is online information available for filmmakers across the world looking for co-productions with our country”, said Ashok Parmar. “It is home away from home”, Prasoon Joshi said while talking about the India Pavilion. “I am very happy with the efforts of Ministry and FICCI to make India Pavilion a hub of not only ideas but execution too”, Joshi added.

Jerome Paillard spoke about the participation of India at Cannes and said more and more people are looking to collaborate with India and Indian Filmmakers. “Its mesmerizing here and Cannes has been a learning experience in journey of filmmaking for me. I must appreciate the efforts of the Government of India to promote regional content”, Rima Das added. A book on India Film Guide and a poster to celebrate 50th year of International Film Festival of India that takes place in Goa every year was unveiled at the event.

Udaipur Kiran |

72nd edition of Cannes film festival to begin today: India pavilion to be opened

The 10-day festival will see a heady mix of star names and newcomers. The India Pavilion, will also be inaugurated at the festival. The week long India Pavilion will have its opening on May 15, several Bollywood celebrities will mark their presence at the event.

It’s curtains up for the 2019 Cannes Film Festival later this evening and all eyes are on some of the biggest films which will be in competition will be Quentin Tarantino’s much awaited “Once Upon a Time in Hollywood”. Jim Jarmusch’s comedy-horror starring Bill Murray and Iggy Pop “The Dead Don’t Die”. Elton John’s biopic, “Rocketman”.

And once again the India Pavilion at the festival will showcase Indian cinema across linguistic, cultural and regional diversity. The aim is to forge international partnerships in every aspect of film production and distribution. The Pavilion is being set up jointly by the Ministry of Information & Broadcasting and FICCI. The Indian Delegation this year is being led by Secretary I&B Amit Khare. The Film Delegation includes Prasoon Joshi, Chairman, CBFC and acclaimed filmmakers Rahul Rawail, Shaji N. Karun and Madhur Bhandarkar. A key focus area of the Indian Delegation this year will be to promote the Golden Jubilee Edition of International Film Festival of India to be held in Goa later this year. A specially designed IFFI poster for the Golden Jubilee Edition will also be released during the Festival.

This year, the Cannes festival’s jury – besides president Alejandro Gonzalez Inarritu, is made up of four women and four men for the first time. Four female directors are competing for the top award, out of 21 films. Spanish director Pedro Almodovar’s “Pain and Glory” will be in contention for the top award. Almodovar presided over the Cannes jury two years ago. British director Ken Loach, who won the Palme D’Or in 2016 with “I, Daniel Blake”, has returned with “Sorry We Missed You”. Netflix movies will once again be absent from the film festival.

The 72nd edition of the Cannes festival will end on May 25th, with a total of 21 films are in the fray for the competition. And, multiple screening and premiers of films from across the world are also scheduled.

Connected to India |

India seeks partnership with Hollywood to boost domestic film industry

Indian Ambassador to the US Harsh Shringla travelled to Los Angeles last week and met with the president of Paramount Television Nicole Clemens in this regard. The two sides discussed ways to step up collaboration of Hollywood with the Indian film industry.

Ambassador Shringla and Clemens, recently appointed president of Paramount TV, and other executives of the company talked of "further strengthening of media and entertainment industry collaboration between India and USA."

Congressman Brad Sherman from the San Fernando Valley and Indian Consul General in San Francisco Valley Sanjay Panda hosted a reception for Ambassador Shringla and the Indian community at Greater Los Angeles Area. Noting the sizeable presence of Indian-Americans in, Sherman suggested India could open a consulate office in Greater LA Area as well. Sherman is co-chair of India caucus and vocal advocate of stronger India-US defence cooperation.

Shringla also called on Los Angles Mayor Eric Garcetti and discussed the ways to expand economic ties between Los Angeles and India in trade, infrastructure, technology and entertainment. Garcetti reportedly agreed to lead a trade delegation to India soon.

Ambassador Shringla also met Micheal D Rich, the CEO of Rand Corporation, and research analysts at Rand and Chief Operating Officer Randy Witring of AECOM, a USD 21 billion infrastructure giant that has invested heavily in smart cities, ports, Delhi Mumbai Industrial Corridor metro rail and other projects in India.

In the US, Indian-Americans represent one of the fastest growing ethnic groups in North America, with the latest census data showing a 69.4% increase in their numbers in the United States between 2000 and 2010, and similar growth in Canada. And as a whole, they tend to be extraordinarily avid consumers of films compared to the general population, with per capita film ticket purchases better than 50% higher than average, according to a FICCI study.

Indian filmmakers and North American distributors and exhibitors alike cater well to this audience. At any given time over 1,000 film screens in the territory may be dedicated to showing Indian films.

Dubbed versions of Hollywood moves have been super-hit among the Indian audience and provide a boost to overall box office collections. The box office collection of the top ten Hollywood movies stood at INR4.8 billion in 2017 – a 40% increase over 2016 and 300% since 2015.

Titles such as Wonder Woman, Spider-Man, Thor, Hulk or Justice League, stories about superheroes battling supervillains in a fantasy world have turned out to be the hit formula for Hollywood at the Indian box office this year. These titles have changed the game with highly anticipated franchise films and sci-fi/action spectacles offering stiff competition to Indian releases, especially in the Bollywood demographic, often doing better than Indian films which released alongside.

The box office collections of Hollywood (inclusive of all the Indian language dubbed versions) in India remained stagnant in 2017, totalling INR8.01 billion, as against INR7.95 billion in 2016. This makes for 13% of the total theatrical box office. After three consecutive years of healthy growth since 2013, Hollywood footfalls in India has remained stagnant at 75 million last year, down from 78 million in 2016.

However, an increasing number of Indian stars have also made their mark in the Hollywood, such as Priyanka Chopra in Baywatch and Deepika Padukone in xXx: Return of Xander Cage.

India is also witnessing rising adoption of Hollywood films particularly in the regional markets where they find an audience in both locally dubbed language and English.

Over 60% of Hollywood’s revenue comes from outside the US. Only 10% of Indian film revenues come from outside India. And 95% of that 10% comes from Indian diaspora viewers.

Citing an example of BaahuBali, FICCI says there is a need to re-invent across themes that resonate in India and across the border.

"The success of Baahubali series at the box office spins out valuable lessons: It’s a wake-up call for the segment: The need is for a spectacle which can open in as many screens as possible across languages and borders. Baahubali confirmed the Hollywood strategy of big-budget franchises where the story, character and viewing experience is of paramount importance to drive audiences, and the success will, in turn, create stars out of good actors, and one does not require major actors for these concept films. The success of the series has certainly jolted the thinking of film makers across India and large projects have been announced, the study says.

India has also emerged as a key animation development market. The growth of the industry is expected to get a boost as Hollywood studios tap India’s large pool of low-cost, English- speaking animators who are familiar with the western culture. The present trend of increased consumption in tier II and tier III Indian cities is creating even more opportunities for the industry.

The animation sector in India has been growing at a steady pace over the past few years and reached INR17 billion in 2017, registering a growth of 13% over 2016. It is expected to grow at a CAGR of 11% till 2020, it adds.

The Times of India |

Team India heads to Cannes

Prasoon Joshi, Chairman, Central Board of Film Certification India, and filmmakers Madhur Bhandarkar, Shaji Karun, Rahul Rawail and Rima Das along with key officials from the Ministry of Information and Broadcasting will be leading the delegation, which will represent India at the Cannes Film Festival this year. The festival, which commences today, wraps up on May 25.

The India Pavilion is organised by the Ministry of Information and Broadcasting and the Federation of Indian Chambers of Commerce and Industry (FICCI). The agenda this year is to facilitate discussions on Indian cinema across linguistic, cultural and regional diversity to forge international partnerships in the realm of distribution, production, filming in India, script development and technology, and promoting film sales and syndication. Among the films at India Pavillion are 'The Last Colour' by Vikas Khanna and Ekta Kapoor’s 'Mental Hai Kya'.

The New Indian Express |

International Film Festival of India's golden jubilee poster to be released at Cannes Film Festival

Indian Delegation will release a special poster at 2019's Cannes Film Festival to mark the golden jubilee of International Film Festival of India (IFFI).

The delegation, led by Information & Broadcasting Secretary Amit Khare, will promote the golden jubilee edition of IFFI at Cannes.

IFFI will be held in Goa later this year.

The film delegation consists of Prasoon Joshi, Chairman, Central Board of Film Certification and acclaimed filmmakers Rahul Rawail, Shaji N Karun and Madhur Bhandarkar.

The delegation will also promote steps taken to ease shooting films in India through Film Facilitation Office that facilitates single window clearance for filmmakers and steps by the government to combat film piracy.

India will also be presented as a post-production hub to promote collaborations for films with international production houses.

A comprehensive Film Guide will be distributed at the India Pavilion to showcase the importance of the film ecosystem and government incentives to shoot in India.

"The initiatives such as co-production and single window clearance would facilitate integration of the Indian filmmakers with production houses worldwide.

"It would be possible for filmmakers of different countries to come together under bilateral co-production agreements.

These arrangements would also forge new markets and wider audiences by making India a hub for shooting world class international movies," Khare said in a statement.

The India Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

It will be set up by Ministry of Information & Broadcasting, in association with Federation of Indian Chambers of Commerce and Industry (FICCI).

Cannes Film Festival will be held from May 14 to 25.

All India Radio |

India's Pavilion set to be inaugurated at Cannes Film Festival

India's Pavilion is set to be inaugurated at Cannes Film Festival to be held from 14th to 25th of this month.

The Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, development, technology, promoting film sales and syndication.

An official release said it will be set up by Ministry of Information and Broadcasting in association with FICCI.

The Pavilion serves as a platform for the Indian delegates to meet international delegates attending the Festival to promote networking with other countries and organizations.

The Pavilion also serves as an information dissemination point about India and Indian Cinema for the Global Film Community.

The delegation this year will be led by Secretary, Ministry of Information and Broadcasting, Amit Khare.

India TV |

IFFI's golden jubilee poster to be launched at Cannes

At the 72nd Cannes Film Festival, which will get underway in the French Riviera on Tuesday, an Indian delegation will launch a special poster for the golden jubilee edition of the International Film Festival of India (IFFI), spread awareness about the single window clearance facility in India and push co-production opportunities.

Amit Khare, Secretary, Ministry of Information and Broadcasting, will lead the delegation comprising Cesnor Board Chairman Prasoon Joshi and acclaimed filmmakers Rahul Rawail, Shaji N. Karun and Madhur Bhandarkar, according to a statement by the Press Information Bureau.

The India Pavilion at the gala will showcase Indian cinema across linguistic, cultural and regional diversities, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication. It will be set up by the Information Ministry in association with the Federation of Indian Chambers of Commerce and Industry (FICCI).

Khare said: "Initiatives such as co-production and single window clearance would facilitate integration of the Indian filmmakers with production houses worldwide. It would be possible for filmmakers of different countries to come together under bilateral co-production agreements. These arrangements would also forge new markets and wider audiences by making India a hub for shooting world class international movies."

During the festival, the Indian delegation will be interacting with key stakeholders of Cannes as well as other members of the film fraternity. A key focus area this year will be to promote the 50th edition of IFFI, to be held in Goa later this year. A specially designed IFFI poster for the golden jubilee edition will also be released.

The delegation will also popularise steps taken for ease of shooting films in India through the nFilm Facilitation Office (FFO) which facilitates single window clearance for filmmakers, and steps by the Indian government to combat film piracy.

India will also be showcased as a post-production hub to promote collaborations for films with international production houses.

The Cannes Film Festival will be held over May 14-25.

Timesnownews.com |

Cannes 2019: Special poster for the golden jubilee edition of IFFI to be launched at the film festival

At the 72nd Cannes Film Festival, which will get underway in the French Riviera on Tuesday, an Indian delegation will launch a special poster for the golden jubilee edition of the International Film Festival of India (IFFI), spread awareness about the single window clearance facility in India and push co-production opportunities.

Amit Khare, Secretary, Ministry of Information and Broadcasting, will lead the delegation comprising Censor Board Chairman Prasoon Joshi and acclaimed filmmakers Rahul Rawail, Shaji N. Karun and Madhur Bhandarkar, according to a statement by the Press Information Bureau.

The India Pavilion at the gala will showcase Indian cinema across linguistic, cultural and regional diversities, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication. It will be set up by the Information Ministry in association with the Federation of Indian Chambers of Commerce and Industry (FICCI).

Khare said: "Initiatives such as co-production and single window clearance would facilitate the integration of the Indian filmmakers with production houses worldwide. It would be possible for filmmakers of different countries to come together under bilateral co-production agreements. These arrangements would also forge new markets and wider audiences by making India a hub for shooting world-class international movies."

During the festival, the Indian delegation will be interacting with key stakeholders of Cannes as well as other members of the film fraternity. A key focus area this year will be to promote the 50th edition of IFFI, to be held in Goa later this year. A specially designed IFFI poster for the golden jubilee edition will also be released.

The delegation will also popularise steps taken for ease of shooting films in India through the Film Facilitation Office (FFO) which facilitates single window clearance for filmmakers, and steps by the Indian government to combat film piracy.

India will also be showcased as a post-production hub to promote collaborations for films with international production houses. The Cannes Film Festival will be held over May 14-25.

DD News |

India pavilion to be opened at Cannes

The India Pavilion is set to be inaugurated at Cannes Film Festival, which will be held from 14th to 25th May 2019.

The Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

It will be set up by Ministry of Information & Broadcasting in association with Federation of Indian Chambers of Commerce and Industry.

The Pavilion serves as a platform for the Indian Delegates to meet International Delegates attending the Festival to promote networking with other countries and organizations.

The Pavilion also serves as an information dissemination point about India and Indian Cinema for the Global Film Community.

The Indian Delegation this year will be led by Amit Khare, Secretary, Ministry of Information & Broadcasting. The Film Delegation would consist of Prasoon Joshi, Chairman, CBFC and acclaimed filmmakers Rahul Rawail, Shaji N. Karun and Madhur Bhandarkar.

A key focus area of the Indian Delegation this year will be to promote the Golden Jubilee Edition of International Film Festival of India to be held in Goa later this year. A specially designed IFFI poster for the Golden Jubilee Edition will also be released during the Festival.

Udaipur Kiran |

India pavilion to be opened at Cannes

The Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

It will be set up by Ministry of Information & Broadcasting in association with Federation of Indian Chambers of Commerce and Industry.

The Pavilion serves as a platform for the Indian Delegates to meet International Delegates attending the Festival to promote networking with other countries and organizations.

The Pavilion also serves as an information dissemination point about India and Indian Cinema for the Global Film Community.

The Indian Delegation this year will be led by Amit Khare, Secretary, Ministry of Information & Broadcasting. The Film Delegation would consist of Prasoon Joshi, Chairman, CBFC and acclaimed filmmakers Rahul Rawail, Shaji N. Karun and Madhur Bhandarkar.

A key focus area of the Indian Delegation this year will be to promote the Golden Jubilee Edition of International Film Festival of India to be held in Goa later this year. A specially designed IFFI poster for the Golden Jubilee Edition will also be released during the Festival.

Television Post |

I&B sec Amit Khare leads Indian delegation to Cannes Film Festival

The Indian Delegation to Cannes Film Festival this year will be led by Ministry of Information & Broadcasting (MIB) secretary Amit Khare. The Film Delegation would consist of Prasoon Joshi, Chairman, CBFC and acclaimed filmmakers Rahul Rawail, Shaji N. Karun and Madhur Bhandarkar.

During the Festival, the Indian Delegation will be interacting with key stakeholders of Cannes as well as other members of the film fraternity. A key focus area of the Indian Delegation this year will be to promote the Golden Jubilee Edition of International Film Festival of India to be held in Goa later this year. A specially designed IFFI poster for the Golden Jubilee Edition will also be released during the Festival.

The Delegation will also popularise steps taken to ease shooting films in India through Film Facilitation Office that facilitates Single Window Clearance for film-makers and steps by the Government to combat film piracy. To take advantage of the availability of technicians and skilled professionals, India will be showcased as a post-production hub to promote collaborations for films with international production houses. A comprehensive Film Guide will also be distributed at the India Pavilion to showcase the importance of the film ecosystem and Government incentives to shoot in India.

Elaborating further, Khare said, “The initiatives such as co-production and single window clearance would facilitate the integration of the Indian Filmmakers with production houses worldwide. It would be possible for filmmakers of different countries to come together under bilateral co-production agreements. These arrangements would also forge new markets and wider audiences by making India a hub for shooting world-class international movies.”

India Pavilion is set to be inaugurated at Cannes Film Festival, which will be held from 14th to 25th May 2019. The Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

It will be set up by MIB in association with Federation of Indian Chambers of Commerce and Industry. The Pavilion serves as a platform for the Indian Delegates to meet International Delegates attending the Festival to promote networking with other countries and organisations. The Pavilion also serves as an information dissemination point about India and Indian Cinema for the Global Film Community.

The Times of India |

IFFI's golden jubilee poster to be released at Cannes Film Festival

Indian Delegation will release a special poster at 2019's Cannes Film Festival to mark the golden jubilee of International Film Festival of India (IFFI). The delegation, led by Information & Broadcasting Secretary Amit Khare, will promote the golden jubilee edition of IFFI at Cannes. IFFI will be held in Goa later this year.

The film delegation consists of Prasoon Joshi, Chairman, Central Board of Film Certification and acclaimed filmmakers Rahul Rawail, Shaji N Karun and Madhur Bhandarkar.

The delegation will also promote steps taken to ease shooting films in India through Film Facilitation Office that facilitates single window clearance for filmmakers and steps by the government to combat film piracy.

India will also be presented as a post-production hub to promote collaborations for films with international production houses. A comprehensive Film Guide will be distributed at the India Pavilion to showcase the importance of the film ecosystem and government incentives to shoot in India.

"The initiatives such as co-production and single window clearance would facilitate integration of the Indian filmmakers with production houses worldwide.

"It would be possible for filmmakers of different countries to come together under bilateral co-production agreements. These arrangements would also forge new markets and wider audiences by making India a hub for shooting world class international movies," Khare said in a statement.

The India Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

It will be set up by Ministry of Information & Broadcasting, in association with Federation of Indian Chambers of Commerce and Industry (FICCI).

Cannes Film Festival will be held from May 14 to 25.

Business Standard |

Single window clearance to facilitate collaboration of Indian filmmakers, foreign production houses

Integration of Indian filmmakers with production houses worldwide will be facilitated with initiatives such as co-production and single window clearance, Ministry of Information and Broadcasting Secretary Amit Khare said Monday aheadof the inauguration ofIndia Pavilion at the Cannes Film Festival.

It would be possible for filmmakers of different countries to come together under bilateral co-production agreements, Khare said ahead of the festival which will be held from May 14 to 25.

These arrangements would also forge new markets and wider audiences by making India a hub for shooting world class movies, he was quoted as saying in an official statement.

The Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

The Pavilion will be set up by the Ministry of Information & Broadcasting in association with Federation of Indian Chambers of Commerce and Industry, the statement said.

It serves as a platform for the Indian delegates to meet International delegates attending the festival to promote networking with other countries and organisations.

It also serves as an information dissemination point about India and Indian cinema for the Global Film Community.

The Indian delegation this year will be led by Khare and the film delegation would include CBFC chairman Prasoon Joshi and acclaimed filmmakers Rahul Rawail, Shaji N Karun and Madhur Bhandarkar.

During the festival, the Indian delegation will be interacting with key stakeholders of Cannes as well as other members of the film fraternity.

A key focus area of the Indian delegation this year will be to promote the Golden Jubilee Edition of International Film Festival of India to be held in Goa later this year.

A specially designed IFFI poster for the Golden Jubilee Edition will also be released during the festival.

The delegation will also popularise steps taken to ease shooting films in India through film facilitation office that facilitates single window clearance for filmmakers and steps by the government to combat film piracy.

To take advantage of availability of technicians and skilled professionals, India will be showcased as a post-production hub to promote collaborations for films with international production houses, the statement said.

A comprehensive film guide will also be distributed at the India Pavilion to showcase the importance of the film ecosystem and government incentives to shoot in India, it said.

Business Standard |

IFFI's golden jubilee poster to be released at Cannes Film Festival

Indian Delegation will release a special poster at 2019's Cannes Film Festival to mark the golden jubilee of International Film Festival of India (IFFI).

The delegation, led by Information & Broadcasting Secretary Amit Khare, will promote the golden jubilee edition of IFFI at Cannes. IFFI will be held in Goa later this year.

The film delegation consists of Prasoon Joshi, Chairman, Central Board of Film Certification and acclaimed filmmakers Rahul Rawail, Shaji N Karun and Madhur Bhandarkar.

The delegation will also promote steps taken to ease shooting films in India through Film Facilitation Office that facilitates single window clearance for filmmakers and steps by the government to combat film piracy.

India will also be presented as a post-production hub to promote collaborations for films with international production houses. A comprehensive Film Guide will be distributed at the India Pavilion to showcase the importance of the film ecosystem and government incentives to shoot in India.

"The initiatives such as co-production and single window clearance would facilitate integration of the Indian filmmakers with production houses worldwide.

"It would be possible for filmmakers of different countries to come together under bilateral co-production agreements. These arrangements would also forge new markets and wider audiences by making India a hub for shooting world class international movies," Khare said in a statement.

The India Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging international partnerships in distribution, production, filming in India, script development, technology, promoting film sales and syndication.

It will be set up by Ministry of Information & Broadcasting, in association with Federation of Indian Chambers of Commerce and Industry (FICCI).

Cannes Film Festival will be held from May 14 to 25.

Business Standard |

Inauguration of 14th Center of arena animation at Yelahanka Bengaluru

Powered by Aptech, India's premier educator in high-end 3D animation and visual effects, arena animation has today announced the launch of its 14th Center in Bengaluru, Yelahanka.

Arena Animation has been a pioneer in animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D animation, VFX, multimedia, graphic and web designing, from the leading experts of the industry. In order to cater to the growing need of animators in various segments, the centre will offer advanced cinematic courses in animation, visual effects and multimedia. Some of the flagship courses such as - AD3D EDGE, ADMD, VFX Plus, Max Pro and Maya Pro will be available at the centre. The centre will also offer programs in Trinity 3D, VFX Film making and BSC in Graphics and VFX from Jain University.

The Indian animation industry has grown rapidly in the last five years. According to a recent FICCI report, the Indian animation and VFX industry is growing in excess of 20 per cent. As per a recent report, jointly prepared by EY and FICCI, the growth of the industry is expected to get a boost in the coming years.

The animation sector in India has been growing at a steady pace over the past few years and reached Rs 17 billion in 2017, registering a growth of 13 per cent over 2016. It is expected to grow at a CAGR of 11 per cent till 2020.

"Karnataka is a state that heavily advocates higher education to all. The state has also been working on adapting its policy on animation, visual effects and comics sector (AVGC) in order to boost the industry in the state. Setting up a world class animation institute in Bengaluru this point in time is aligned with the cause of the government. And can provide great impetus to the development of the state", said Shajan Samuel, Vice President, Aptech Asst.

"With over twenty years of experience, Arena Animation is focused on facilitating the youth with the right skills required for the future industries. We have trained over four lakh students globally since our inception and are extremely elated to proclaim that we are committed to empowering the youth of India in their journey to fulfill aspirations", he added.

Arena Animation Yelankaha Business Partner Yashwanth Reddy Nalamalapu - Yelahanka center is well equipped with the state of art facilities and is committed towards providing contemporary quality education to the students. It will provide the full range of Arena courses and focus on career programs. The students not only get exposure to the new age equipment used in industries but also to implement technical knowledge in practicality.

The new centre was launched in the presence of the Chief Guest Sukumar Sreenivas Head of Production at BOT VFX. Sukumar endorsed the need for skilled manpower and said those Indian artists are much in demand for global projects as well.

The Week |

Inauguration of 14th Center of Arena Animation at Yelahanka Bangalore

Powered by Aptech, India’s premier educator in high-end 3D animation and visual effects, Arena Animation has today announced the launch of its 14th Center in Bangalore, Yelahanka.

Arena Animation has been a pioneer in animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D animation, VFX, multimedia, graphic and web designing, from the leading experts of the industry. In order to cater to the growing need of animators in various segments, the center will offer advanced cinematic courses in animation, visual effects and multimedia. Some of the flagship courses such as – AD3D EDGE, ADMD, VFX Plus, Max Pro and Maya Pro will be available at the center. The center will also offer programs in Trinity 3D, VFX Film making and BSC in Graphics & VFX from Jain University.

The Indian animation industry has grown rapidly in the last five years. According to a recent FICCI report, the Indian animation and VFX industry is growing in excess of 20 per cent. As per a recent report, jointly prepared by EY and FICCI, the growth of the industry is expected to get a boost in the coming years.

The animation sector in India has been growing at a steady pace over the past few years and reached Rs 17 billion in 2017, registering a growth of 13 per cent over 2016. It is expected to grow at a CAGR of 11 per cent till 2020.

Commenting on the entrepreneurial drive, Aptech Asst. vice president Shajan Samuel said, “Karnataka is a state that heavily advocates higher education to all. The state has also been working on adapting its policy on animation, visual effects and comics sector (AVGC) in order to boost the industry in the state. Setting up a world class animation institute in Bangalore this point in time is aligned with the cause of the government. And can provide great impetus to the development of the state. With over twenty years of experience, Arena Animation is focused on facilitating the youth with the right skills required for the future industries. We have trained over four lakh students globally since our inception and are extremely elated to proclaim that we are committed to empowering the youth of India in their journey to fulfill aspirations.”

Arena Animation Yelankaha Business Partner Mr. Yashwanth Reddy Nalamalapu - Yelahanka center is well equipped with the state of art facilities and is committed towards providing contemporary quality education to the students. It will provide the full range of Arena courses and focus on career programs. The students not only get exposure to the new age equipment used in industries but also to implement technical knowledge in practicality.

The new center was launched in the presence of the Chief Guest Mr. Sukumar Sreenivas Head of Production at BOT VFX. Mr.Sukumar endorsed the need for skilled manpower and said that Indian artist are much in demand for global projects as well.

ANI News |

Inauguration of 14th Center of arena animation at Yelahanka Bengaluru

Powered by Aptech, India’s premier educator in high-end 3D animation and visual effects, arena animation has today announced the launch of its 14th Center in Bengaluru, Yelahanka.

Arena Animation has been a pioneer in animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D animation, VFX, multimedia, graphic and web designing, from the leading experts of the industry. In order to cater to the growing need of animators in various segments, the centre will offer advanced cinematic courses in animation, visual effects and multimedia. Some of the flagship courses such as – AD3D EDGE, ADMD, VFX Plus, Max Pro and Maya Pro will be available at the centre. The centre will also offer programs in Trinity 3D, VFX Film making and BSC in Graphics and VFX from Jain University.

The Indian animation industry has grown rapidly in the last five years. According to a recent FICCI report, the Indian animation and VFX industry is growing in excess of 20 per cent. As per a recent report, jointly prepared by EY and FICCI, the growth of the industry is expected to get a boost in the coming years.

The animation sector in India has been growing at a steady pace over the past few years and reached Rs 17 billion in 2017, registering a growth of 13 per cent over 2016. It is expected to grow at a CAGR of 11 per cent till 2020.

“Karnataka is a state that heavily advocates higher education to all. The state has also been working on adapting its policy on animation, visual effects and comics sector (AVGC) in order to boost the industry in the state. Setting up a world class animation institute in Bengaluru this point in time is aligned with the cause of the government. And can provide great impetus to the development of the state”, said Shajan Samuel, Vice President, Aptech Asst.

“With over twenty years of experience, Arena Animation is focused on facilitating the youth with the right skills required for the future industries. We have trained over four lakh students globally since our inception and are extremely elated to proclaim that we are committed to empowering the youth of India in their journey to fulfill aspirations”, he added.

Arena Animation Yelankaha Business Partner Yashwanth Reddy Nalamalapu - Yelahanka center is well equipped with the state of art facilities and is committed towards providing contemporary quality education to the students. It will provide the full range of Arena courses and focus on career programs. The students not only get exposure to the new age equipment used in industries but also to implement technical knowledge in practicality.

The new centre was launched in the presence of the Chief Guest Sukumar Sreenivas Head of Production at BOT VFX. Sukumar endorsed the need for skilled manpower and said those Indian artists are much in demand for global projects as well.

Animation Express |

Arena Animation announed the launch of a new center in Yelahanka, Bangalore

Arena Animation has been a pioneer in animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D animation, VFX, multimedia, graphic and web designing, from the leading experts of the industry. In order to cater to the growing need of animators in various segments, the center will offer advanced cinematic courses in animation, visual effects and multimedia. Some of the flagship courses such as – AD3D EDGE, ADMD, VFX Plus, Max Pro and Maya Pro will be available at the center. The center will also offer programs in Trinity 3D , VFX film making and BSC in graphics and VFX from Jain University .

The Indian animation industry has grown rapidly in the last five years. According to a recent FICCI report, the Indian animation and VFX industry is growing in excess of 20 per cent. As per a recent report, jointly prepared by EY and FICCI, the growth of the industry is expected to get a boost in the coming years.

The animation sector in India has been growing at a steady pace over the past few years and reached Rs 17 billion in 2017, registering a growth of 13 per cent over 2016. It is expected to grow at a CAGR of 11 per cent till 2020.

Commenting on the entrepreneurial drive, Aptech Asst. vice president Shajan Samuel said, “Karnataka is a state that heavily advocates higher education to all. The state has also been working on adapting its policy on animation, visual effects and comics sector (AVGC) in order to boost the industry in the state. Setting up a world class animation institute in Belgaum at this point in time is aligned with the cause of the government. And can provide great impetus to the development of the state. With over twenty years of experience, Arena Animation is focused on facilitating the youth with the right skills required for the future industries. We have trained over four lakh students globally since our inception and are extremely elated to proclaim that we are committed to empowering the youth of India in their journey to fulfill aspirations.”

Arena Animation Yelankaha business partner Yashwanth Reddy Nalamalapu is well equipped with the state of art facilities and is committed towards providing contemporary quality education to the students. It will provide the full range of Arena courses and focus on career programs. The students not only get exposure to the new age equipment used in industries but also to implement technical knowledge in practicality.

The new center was launched in the presence of the chief guest BOT VFX head of production Sukumar Sreenivas. He endorsed the need for skilled manpower and said that Indian artist are much in demand for global projects as well.

Yahoo News |

Inauguration of 14th Center of arena animation at Yelahanka Bengaluru

Powered by Aptech, India's premier educator in high-end 3D animation and visual effects, arena animation has today announced the launch of its 14th Center in Bengaluru, Yelahanka.

Arena Animation has been a pioneer in animation and VFX training across the country and has the potential to offer students an opportunity to learn 3D animation, VFX, multimedia, graphic and web designing, from the leading experts of the industry. In order to cater to the growing need of animators in various segments, the centre will offer advanced cinematic courses in animation, visual effects and multimedia. Some of the flagship courses such as - AD3D EDGE, ADMD, VFX Plus, Max Pro and Maya Pro will be available at the centre. The centre will also offer programs in Trinity 3D, VFX Film making and BSC in Graphics and VFX from Jain University.

The Indian animation industry has grown rapidly in the last five years. According to a recent FICCI report, the Indian animation and VFX industry is growing in excess of 20 per cent. As per a recent report, jointly prepared by EY and FICCI, the growth of the industry is expected to get a boost in the coming years.

The animation sector in India has been growing at a steady pace over the past few years and reached Rs 17 billion in 2017, registering a growth of 13 per cent over 2016. It is expected to grow at a CAGR of 11 per cent till 2020.

"Karnataka is a state that heavily advocates higher education to all. The state has also been working on adapting its policy on animation, visual effects and comics sector (AVGC) in order to boost the industry in the state. Setting up a world class animation institute in Bengaluru this point in time is aligned with the cause of the government. And can provide great impetus to the development of the state", said Shajan Samuel, Vice President, Aptech Asst.

"With over twenty years of experience, Arena Animation is focused on facilitating the youth with the right skills required for the future industries. We have trained over four lakh students globally since our inception and are extremely elated to proclaim that we are committed to empowering the youth of India in their journey to fulfill aspirations", he added.

Arena Animation Yelankaha Business Partner Yashwanth Reddy Nalamalapu - Yelahanka center is well equipped with the state of art facilities and is committed towards providing contemporary quality education to the students. It will provide the full range of Arena courses and focus on career programs. The students not only get exposure to the new age equipment used in industries but also to implement technical knowledge in practicality.

The new centre was launched in the presence of the Chief Guest Sukumar Sreenivas Head of Production at BOT VFX. Sukumar endorsed the need for skilled manpower and said those Indian artists are much in demand for global projects as well.

afaqs |

"Kids remain an under-indexed genre on television": Leena Lele Dutta

Media conglomerate Sony Pictures Networks India's kids broadcast channel - Sony YAY! - completes two years in the business. When schools break for summer vacation, party time begins for Indian kid's channels. Sony's 'kidcaster' intends to add 100 hours of fresh content to entice the 2-14 (age group) audience to the platform. With this, Sony YAY!'s content bank will have 300 hours of content, 3X more than what it launched with.

As per industry estimates, the size of the kids' genre is estimated to be around Rs 600 crore. Disney, Viacom18 (Nickelodeon) and Turner are the leaders in this space. An episode of an animated show airing on a kids channel costs broadcasters around 50 lakh (FICCI EY report), much higher than the cost of an episode of regular fiction shows airing on general entertainment channels which are about 10 lakh for a 22-minute episode.

YAY! is the last entrant in the genre that depended on original intellectual properties from the very beginning to establish itself. Leena Lele Dutta, business head, Sony Pictures Networks India, Kids Genre has her eyes set on a pan-India leadership position that she wants to reach in two years. Here is an exclusive interview with Dutta:-

Edited Excerpts

Why are regional feeds important for you? What difference do they make?

Last year, we toyed with the idea of launching the Marathi feed, but then we thought of the significant Hindi overlap in Maharashtra and, therefore, it did not make sense. Eventually, we decided to take a calculated risk and do it. We said that in a worst-case-scenario we would remain where we are and best-case - we will move up in a high weightage market like Maharashtra which constitutes 14 per cent of total television viewership. Within four weeks of launch, from a ranking of 7 in Maharashtra, we are now at No. 3.

Since you entered late, what is your primary target? Toddlers who graduate to TV shows or existing viewers watching toons on other channels?

New kids are our primary target and that is why we want to extend our IPs to the digital platform. On digital, kids will become aware of our characters, will graduate to the television channel watching the content there and eventually, buy merchandise. Second, we want kids who have come from other channels to YAY! to stay tuned for longer and gradually change their habit of watching other platforms to watching YAY!

We have extended our 11-minute episodes to 22 minutes and rolled out television movies to do that... We also reduced breaks during core hours to keep kids on the channel for longer periods.

What are the 'core hours' during summer breaks and otherwise?

In summer, the core (prime) time starts when kids brush their teeth and it continues till 4.00 pm. Post that, we believe kids go out and play with their friends. Typically, peak time of the kid's genre would constitute morning, before they go to school and after they return home.

How has advertising in this genre grown over the years?

Kids remain an under-indexed category; there are certain brands like Mondelez that has an embargo and, therefore, does not advertise here at all. The advertising on Sony YAY! has doubled compared to last year in terms of ad volume and we have seen healthy growth in our ad rates too.

Are children the only audience that advertisers can target through kids' channels or are mothers also active viewers of the genre?

Mothers are the gatekeepers who decide what their kids should watch and, therefore, the secondary TG - female 15+ ABC. We are in the top five among this TG too.

We see a lot of brand integration on digital video; do you see opportunities for integration where characters drink Complan or Horlicks?

We have done integrations where our characters use products. For example, there are germs in teeth and the characters of our show 'Paapometer' clean them out using Dabur Toothpaste. Integrating inside an episode or creating an entire series for a brand... these are in the pipeline, but the economics and timeline do not make it a viable option.

At some stage would you like to experiment with live-action shows in the kids' space?

We did our research and kids were very clear that they want to watch their own shows in a format which is animation. The feedback we got was - "If we have to watch live-action, we will watch 'Taarak Mehta Ka Ooltah Chashmah' with our parents". That is why we decided not to get into the live-action zone and stick to the animated space.

What is Sony YAY!'s core market? What is it that you are targeting at this stage?

Core markets are those where we have attained a leadership position, like Maharashtra, Kerala, Bengal, and Gujarat. And in the last few weeks, we got good numbers from Delhi too. I am looking to attain a leadership position in the next two years and for that, I need to look at it from an all-India landscape so there won't be any market which is ignored, even if it is low weightage.

How does the investment in original content make economic sense, given it is an under-indexed genre and you being ad-dependent?

Advertising contributes 90 per cent of the overall revenue of the channel at this stage, but I believe that the ancillary revenue piece is something we cannot ignore. How we monetise our brands after they hit a certain tipping point in terms of eyeballs and perception, is critical to make economic sense.

Licensing and merchandising, brand integrations, extensions on-ground either through funfests, carnivals and workshops with the characters... all that will form a sizeable revenue stream once we hit that threshold and we are in a hurry to reach it.

There is a lot of scepticism; how do you see the new tariff order (NTO) impacting the genre?

More or less everyone is being watchful in terms of where it is going to settle, what it is going to do for the business, how channels are going to survive... right now it is too premature to anticipate. All of us are waiting and watching to see how and when the dust will settle.

How did the implementation of the NTO impact your summer plans?

We were very sure that NTO or not, we were going to go ahead aggressively with our summer plans. We were clear - if the channel is not available, make sure you create a demand through on-ground activation and all so that one asks for Sony YAY! But it has not reached that level; we stand tall in Kerala and Bengal; however, again, it is too early to say anything.

There are reports which suggest subscription revenue will grow because of the NTO while viewership might drop, has it started to harm your ad sales?

Will the NTO be good for our subscription revenue? We don't have the answer yet. As far as advertising revenue is concerned we haven't seen any signs of the NTO slowing down growth, in fact, we are very well placed for this summer.

The New Indian Express |

Odisha to promote film tourism

Odisha is working towards improving its screen density and promoting film tourism to evolve as a preferred destination for film shooting. Government sources claimed that the newly-launched Odisha Film Policy is the most comprehensive and attractive policy by any State in India so far in this sector and is aimed at achieving these objectives.

“The Odisha Film Policy, launched this year, is focusing on encouraging good Odia films, improving screen density, promoting film tourism in the State and making Odisha as a preferred destination for film shooting,” said secretary, Industries Department, Sanjiv Chopra at the round-table on Media and Entertainment organised by Federation of Indian Chambers of Commerce and Industry (FICCI) here recently.

Managing Director of Odisha Film Development Corporation (OFDC) Nitin Jawale said the Film Policy, which has a provision of incentives for film-makers producing films to promote State’s culture, provides huge investment opportunities in the sector.The meeting was attended by a number of film-makers, stake holders of media and entertainment industry, senior officials of State Government and FICCI officials who shared their views on new film policy and promoting Odia film industry through it.

FICCI Odisha Co-Chairperson Monica Nayyar Patnaik said, “as industry’s voice for policy change, FICCI would help in disseminating key highlights of the policy and give a boost to film-making in the State.”

Chairman of OFDC Satyabrata Tripathy sought a joint effort of the Government and members of the industry for successful execution of the policy to achieve the key objectives.

Orissadiary.com |

Immense Opportunities for the Film Sector in Odisha

Today, a roundtable meeting was held between Industries Department, Government of Odisha and the media & entertainment industry stakeholders from Odisha and other parts of India. The meeting was focused on the assistance to be provided by the Odisha State Film Policy 2019 to enhance the opportunities for the film sector in Odisha. The roundtable was organized by FICCI.

The roundtable saw participants, which included Sanjay Suri, Bollywood film personality, Himanshu Dhanuka, Eskay Movie, Kolkata, Sabu Cherian, South film producer, Rahul Rao, Business Head, Zee, Sidhant Mohapatra, Odia film industry, Manmohan Mohapatra, Producer/Director, Akshya Parija, Producer/Director, Deepak Samantray, Producer/Director, Jugal Debata, Producer/Director, representatives from Cine Chambers, Film Producers Association among others.

Key speakers at the roundtable included Shri Sanjeev Chopra, Principal Secretary, Industries Department, Government of Odisha, Dr. Nitin Jawale, MD, IPICOL and Mr. Satyabrata Tripathy, Chairman Odisha Film Development Corporation (OFDC). They shared information and knowledge about the Odisha Film Policy 2019 through open house discussion and presentations.

Addressing the audiences, Shri Sanjeev Chopra, Principal Secretary, Industries Department, Government of Odisha, said, “Odisha Film Policy 2019 is the most comprehensive and attractive policy by any state in India. Film making can be one of the key drivers of the economy as it has tremendous multiplier effect. Our film policy as four prime objectives – promote film tourism, produce good Odia films, promote Odisha as a destination for film shooting and to improve screen density.

A detailed presentation on the provisions of the Film Policy was made by Dr Nitin Jawale, Special Secretary, Industries Department and MD, OFDC.

Mr. Satyabrata Tripathy, Chairman Odisha Film Development Corporation (OFDC) said: We are the first state in India to declare film sector as an industry. We will work together to enhance the development of Odisha film industry. We thank the Government of Odisha for bringing out Odisha State Film Policy 2019 in such a short time”.

Sanjay Suri, Bollywood Film Actor and Producer congratulated the Government of Odisha for creating a film policy for the beautiful state. He said that the film policy will help establish Odisha in India and at the global level, as a preferred film shooting destination.

There was an interesting open house discussion on the policy framework and operational guidelines for film promotion and investment opportunities in Odisha, conducive ecosystem; infrastructure & marketing support; single window for investor facilitation; promotion and development of film city and development of Kalinga studio with world-class infrastructure and use of films to showcase the rich Odia culture & heritage.

TravelBizmonitor.com |

'Shoot At Site' offers much needed momentum to film tourism

The 20th edition of FICCI Frames 2019, took place between March 12 and 14, at Grand Hyatt in Mumbai. On the day 2, the global media and entertainment convention started with a session titled ‘Shoot at Site’. The participants in the session discussed policies to ease film shoots across India and provide single window clearance for states.

Shoot at Site is a unique platform that aims to facilitate the synergies between the shooting destinations and the film & television industry and its third edition was held earlier this month in Mumbai.

The objectives of Shoot at Site is to highlight rare shooting destinations in different states of India, showcase production facilities, services offered and inform the production community about how to navigate through and capitalise on benefits offered by the state governments.

Moderated by Kulmeet Makkar, CEO, Producer Guild of India, the panellists included Usha Sharma, Director General, Archaeological Survey of India; Dr Neelam Bala, Secretary, Animal Welfare Board of India, Ministry of Environment, Forest and Climate Change, Government of India, and Vikramjit Roy, Head - Film Facilitation Office. A keynote address was delivered by Jaspal Singh Bindra, Chairman, FICCI Maharashtra State Council & Executive Chairman, Centrum Group.

The participating states were represented by Dr Nitin Bhanudas Jawale, Managing Director, Odisha Film Development Corporation, Sudhir Sobti, Chief Manager (PR & Publicity / Tourism), Government of Delhi and Dr Manisha Arora, Additional Director, Rajasthan Tourism.

In his keynote address, Bindra said, “The portrayal of destinations through films and televisions play a very important role. The legendary Yash Chopra was the one who made Switzerland a tourist destination for people in our country and was recognised and awarded by the Swiss government. The whole thing is about awareness of a destination. They are creating infrastructure around the destination and largely building a local ecosystem of tourism around that place. All of this suggests that, formulating policies in states should be given adequate significance to film tourism policy as well. There is a need for a friendly and proactive policy to enable to get approvals in a specific timeframe and get assistance on site from the respective government departments and add financial assistance.”

“The study (FICCI-EY Knowledge Report on film tourism) released today covers the film policies in 21 states of India. And that’s a very encouraging sign,” he added.

Roy said, “When we talk about ease of filming, it is not just for the international filmmaker. Given India’s landscape, depth of the industry, and the fact that we have such a robust film industry, it is also about how the domestic film industry can harness and leverage more than one location across India.”

He also spoke about how the online application for ‘Shoot at Site’ has become a much smoother process where they can see locations, apply on a click of a button and the process is completed. The concerned authorities help the filmmakers get necessary permissions to shoot anywhere in a state.

Bala spoke about creating awareness around using animals for shoots. “There is a paradigm shift in treatment of animals in India. The board is also creating awareness through trainings, workshops, seminars and personal visits. There are strict rules about monitoring related to the use of animals in the movies and other media as films require permissions before releasing the audio visual for public viewing,” she said.

According to the FICCI-EY Knowledge Report, the advent of the 21st century witnessed the globalisation of the Indian cinema. Today, Indian cinema has not only reached out to global audiences, but has also found global acceptance. Indian cinema has been part of screenings at major international film festivals. The overseas market also contributes a sizeable chunk to film industry’s box office collections. Investments made by major global production houses also confirm that Indian cinema has made a mark for itself in the global film market.

It has been noted that especially over the last couple of decades, an increasing number of tourists began to visit destinations featured through films, TV or any other similar way of visuals which are not directly related to tourism promotion campaigns. Post liberalisation of the Indian economy in 1990’s, people from various segments of the society started going abroad for short term and long-term leisure as well as non-leisure trips. At the same time, the momentum to film abroad also picked up amongst the Indian film producers.

Besides portraying and boosting international destinations through films, Indian cinema has also played a major role in tapping previously unknown destinations within India. Film producers have increasingly stepped up their efforts to identify unique locations for filming their cinema, resultantly popularising such destinations as ‘must-visit’ places in the minds of the Indian travellers.

Direct benefits
  • According to the report, there may be benefits which can be directly attributed to the production of the film in the locality. Revenue generation due to direct spends on equipment hire, accommodation, leisure and travel expenses incurred during the period of film production in the locality.
  • Employment generation on account of hiring of local talent such as technicians, artists and people with local know-how
  • Providing an impetus to the local film industry by training the local talent and providing exposure to new technologies and techniques. Technology transfers which enable the local talent to hone their skills and individually explore future opportunities for film production.

The Week |

OTT usage in India increased by 42 per cent in 2018: FICCI report

Digital entertainment or over the top (OT T) is the biggest success story in Indian entertaiment industry, according to a study released on Tuesday by the industry body Federation of Indian Chamber of Commerce (FICCI).

FICCI's report on India's media and entertainment field titled 'A Billion Screens of Opportunity', prepared in association with Ernst & Young, points out how OTT, the term given to online streaming services like Hotstar, Netflix, etc, had exponential growth through 2018 and points to the future direction of media and entertainment in India. OTT services are accessible over the internet on devices like smart TV (or a regular TV attached to an enabler like Amazon's Fire stick) or computers, though in India they are mostly consumed via mobile phones.

While cinema and TV segments grew by 12 per cent over the previous year, OTT usage increased by almost 42 per cent in 2018. The only other mode of entertainment having a bigger growth was online gaming, at 59 per cent.

Thanks to improved broadband speeds and slashing of data prices, India had an internet entertainment boom of sorts last year. This helped multiplayer gaming as well as accessing major video content providers. OTT platforms like Hotstar rode the popularity of IPL which it streamed live to millions of devices, while others like Hoichoi (Bengali entertainment), Zee5 (the late-to-begin online platform of the Zee network) and not to forget, the global leader which is almost generic to this segment, Netflix all capitalised on an increasingly aspirational user base which wanted better quality programming at their convenience, and without the bother (mostly) of ad-breaks.

While conventional TV still had a robust growth, it is interesting to note that the report attributes this more to the growth of regional channels and programming, live sporting events (Football World Cup was a big draw last year) as well as impact properties.

Digital subscription actually grew by a whopping 262 per cent, with users paying as much as a cumulative Rs 4 billion for video content. While many telecom operators bundling OTT services was key in helping this growth, there were still users who readily parted with lot more money than for conventional TV services like cable and DTH in 2018, the report puts their number at anywhere up to 15 million, up from 7.5 million in 2017.

Indian Television |

TRAI tariff order's impact on DD Free Dish's growth

Prasar Bharati run direct-to-home (DTH) platform DD FreeDish’s success is evident from the estimated number of subscribers it boasts of. The free-to-air (FTA) DTH service, experts believe, commands close to 30 million subscribers, which could shoot up post TRAI tariff order’s implementation, the 2019 FICCI-EY report points out.

According to the report, DD FreeDish has the potential to breach the 50 million subscriber mark if broadcasters continue to provide pay content on the platform.

Another interesting point worth mentioning here is that the report suggests lower end consumers will increasingly shift to the free platform or even use it for their second television connection as a result of the new tariff regime.

Last year at the Video and Broadband Summit, Doordarshan director general Supriya Sahu stated that FreeDish is not only used by a marginal section of the society but is also evolving as an alternative option for consumers. An older report of consulting firm EY predicted that the number of DD FreeDish subscribers is bound to cross 40 million by 2020.

While the experts Indiantelevision.com spoke to were optimistic about the potential for robust growth, they seemed sceptical about the scale.

Elara Capital vice president Karan Taurani did not agree with 2019 FICCI-EY report's observation about FreeDish, especially the figure of 50 million. Taurani rejected the possibility of a second home connectivity, adding that mobile is going to be the second screen for consumers. He said content consumption increment is happening on digital platforms.

PricewaterhouseCoopers (PwC) partner and leader, media and entertainment Frank D’Souza, however, believes there is some merit to the argument.

“Now the question is how many households who can get multiple connections will choose OTT rather than adding one more TV connection- that is little debatable. But the first argument has merit –lower-end consumers may shift to DD Free Dish. But the question is, will lower-end consumers be able to have multiple connections due to lack of physical space availability?” he asked.

Travelxp CEO Prashant Chothani said the growth of FreeDish has so far been propelled by free content only. Now, however, major broadcasters have pulled off their content from the platform, he highlighted.

The report also says that if large broadcasters continue to keep their content off the platform, television advertising revenues would be impacted and FreeDish’s future will be determined by the number of new channels that sign up on the platform.

“FreeDish generated an estimated Rs 20 billion of advertising revenues. In February 2019, large broadcasters removed their channels from this medium and this could impact our ad revenue forecast by Rs 10-20 billion in 2019,” the report adds.

Earlier this year, Prasar Bharati board gave a green signal to e-auctioning of DTH slots on DD FreeDish which was arbitrarily called off in October 2017. The first e-auction after recommencement witnessed intense competition. Under the revised guidelines, a total of 40 MPEG2 slots were successfully sold while the estimated revenue from the sold slots is Rs. 395 crore.

The FICCI-EY report also adds that regional, news and niche channels, especially those impacted negatively by the TRAI tariff order, are bound to build their audience through FreeDish (subject to auction base prices).

Industry experts, however, see things different in case of niche channels.

“I don’t know how much they will try and do that because the market for niche channels is different and the people who are going to access DD Free Dish – the consumer is different. It may not fit the target segment of such channels,” D’Souza argued.

According to Chothani, niche channels don’t see DD FreeDish as a viable option and are not going to jump on its bandwagon.

In addition to that, he also pointed out that niche channels won’t be negatively impacted by the new tariff order. According to the 4k pioneer, niche channels will benefit from the new regime because consumers won’t shy away from paying for good content.

“One of the fundamental premises of new tariff order is also to bring transparency in the system. Consumers’ habits build over time and also change. If they want to see the content which they were seeing earlier and now they are not getting because of NTO, in due course of time, they may subscribe. If the content is strong enough they will subscribe,” he opined.

Taurani said niche channels opting for DD FreeDish remains a possibility mired in a couple of constraints. Apart from limited slots, what could also deter niche channels from staying off FreeDish is the high carriage fee.

ANI News |

Need to integrate film production and tourism: FICCI-EY report

The Indian film industry is estimated to generate revenues of Rs 23,000 crore by 2021 and can contribute significantly to the growth of tourism in the country, according to a report by industry body FICCI and consulting major Ernst & Young.

Film entertainment marked the growth of 12.2 per cent with revenues growing from Rs 15,550 crore in 2017 to Rs 17,450 crore in 2018. With the annual certification of 2,336 films, Indian ranks as one of the largest producers of cinematographic films in the world.

On the other hand, the country is emerging as a hotspot for global tourists with a wide range of attractive destinations from the Himalayas to oceans. The tourism industry contributes 9.4 per cent to the GDP and generates 8 per cent of total employment, making it one of the largest industries in the services sector.

"Not only is film tourism an excellent vehicle for destination marketing, it also presents new product development opportunities like location tours, film museums, exhibition and the theme of existing tourist attractions with film connections," said FICCI's Secretary General Dilip Chenoy.

"Film tourism represents a gateway to new and more intense ways of experiencing destinations," he said in the report titled 'Film Tourism in India -- A Beginning Towards Unlocking its Potential.'

Utkarsh Sanghvi, Partner at Ernst & Young, said integrating film production and tourism has been a marketing strategy implemented by developed countries to boost tourism in their country.

"Singapore is one such country which has attributed its increasing tourist footfalls over the years to its film incentive policy and considers tourism receipts as a return on the investment made by it through its film incentive policy," he said.

The impact of film tourism can be felt at micro and macro-economic levels, according to the report.

The direct benefits include revenue generation due to direct spends during the period of film production in the locality, employment generation on account of the hiring of local talent, providing an impetus to the local film industry and technology transfers which enable local talent to hone their skills and individually explore future opportunities for film production.

Other than direct spends during production shoots, creative industries induce tourism in three major ways. One, create awareness by showcasing virgin or less-known locations through iconic scenes. Two, present a location in an attractive manner by creating a memory or aspirational value or attraction that would not have been present otherwise.

And three, shaping attractions by actively creating attractions around themes from film or television content. Disney's theme parks and Hobbit-themed hotels in New Zealand after the shooting of 'The Lord of the Rings' are examples of this mechanism.

The report said that to create a film-friendly ecosystem, single window clearances facility provided to foreign filmmakers should be extended to Indian filmmakers as well. The government should simplify the administrative process by setting up online portals and incentivise film productions by extending tax benefits, it said.

The Hans India |

'TV should be accessible to every household in country'

Amit Khare, Secretary, Ministry of Information and Broadcasting said that one of the challenges for the public broadcaster Doordarshan was technology upgradation and improving access.

He was participating at inaugural ceremony of the 1st India International Broadcasting Conclave here on Monday. He said efforts should be made to take television to every household, like electricity.

He said that another challenge for Doordarshan was diversity.

"People are today demanding local content. India's rich diversity has to be celebrated and it should be reflected in the content of programmes.

Utilisation of spectrum and making use of it properly is also crucial. It must be judiciously used to spread education, in a vast country like ours".

Khare said that 2018 had been very satisfying for Prasar Bharati with the launch of new channel 'Aruna Prabha' in Arunachal Pradesh.

The 'Kisan' channel meant for farmers, has been a success, he said.

The two-day conclave is being organised by Ministry of Information and Broadcasting and Prasar Bharati to deliberate upon the challenges and opportunities in the broadcasting sector.

Several international delegates from Bangladesh, Malaysia and Singapore are participating in the Conclave.

A Surya Prakash, CEO, Prasar Bharati said that as a public broadcaster, Prasar Bharati, aims to stay ahead of the aspiration and consumption and technology of the citizens of India.

Prasar Bharti is also striving to constantly upgrade technology and dish out quality programmes.

He said at one time broadcast meant radio and television, but today new age platforms have brought about a paradigm shift in the way broadcasting is defined.

In 2018, the Indian media and entertainment sector grew at 13.4% more than the nominal GDP and is expected to cross $ 33.6 billion by 2021, growing at an annual rate of 11.6%.

He said according to the FICCI Frames Report, called 'A billion screens of Opportunity', while TV has retained its position, the growth is expected to come from digital in 2019 overtaking the film entertainment sector.

Digital consumption will grow and monetization avenues will see great innovation to cater to the new Indian customer segments, he said.

The media entertainment and technology industry is highly dynamic, raising the stakes for content platforms. There is ample room to build new content and create ideas that reflect the societal need for media consumption, he said.

Business Standard |

India 'attractive' location for global filmmakers

With films like "Period. End Of Sentence" and "Village Rockstars" from India's interiors reaching international audiences, the country is becoming one of the favourite destinations for global filmmakers. The Film Facilitation Office (FFO), with the support of Ministry of Information and Broadcasting, is easing the process of filming in India that is empowering the local ecosystem and tourism.

Asked if the interest in filming in India has grown among international filmmakers, FFO Head Vikramjit Roy told IANS here: "Absolutely. India has always been an attractive destination for international filmmakers because our land is diverse, more than its beauty, it holds a character."

"Every state, forest, water body is a character itself. Internationally, we are known for our cultural diversity and when you visit the land, you know how even those narrow lanes of urban cities are adding character to the city," he added.

Roy, who has been associated with the business of cinema since 1997, has observed a change in the narration.

"Setting the story in a location and showing that slice of socio-cultural beauty of that area always makes global audience interested to watch the content."

"Look at a film like 'Bulbul Can Sing' and 'Village Rockstars' that show a beautiful place like Assam. There are so many beautiful yet unexplored landscapes that we can explore through films. They help to encourage tourism as well," said Roy.

"I think our cinema is the biggest soft power that we have to position our country as one of the rich and resourceful lands of cinema. That is why international filmmakers always found our country interesting…that is why the I & B Ministry decided to facilitate international filmmakers," explained Roy.

He was speaking on the sideline of the 20th edition of FICCI FRAMES, the global media and entertainment conclave, last week.

He also mentioned how the locals get benefits.

"If we look at television channels like Discovery and National Geographic, we get to see how documentary filmmakers are coming to our country, going to some of the rural areas, and bringing stories from there to the world," Roy said.

"To continue such practices, we are attempting to make locality 'shooting friendly' for global filmmakers."

FFO was primarily set up in 2015 to facilitate international filmmakers to shoot films in India.

While the single window clearance has eased the process of all the required paperwork and granting permission to the makers from abroad to come and shoot films in India, Roy also mentioned the importance of film visa given to international applicants.

"The film visa we give to the international makers is one of the unique facilities. For example, if you are a Spanish filmmaker planning to shoot in India, once I receive the permission letter from I & B Ministry, a film visa will be issued for you and your crew who will be travelling to the shooting site with the permission letter."

"It is a one-year visa with multiple entries and it is really helpful to travel to all the required locations for filming," he shared.

Mid-Day |

Ashwiny Iyer Tiwari: Stories should be unapologetically Indian

As Indian movies or films set in the country are gaining visibility globally at various international film festivals and award ceremonies including Oscars, celebrated film director Ashwiny Iyer Tiwari says that this is the right time to be "unapologetically Indian" with our stories.

After the India-set film Period. End of Sentence won an Oscar this year, how has the acceptance of Indian content increased abroad?

"I think internationally we have reached that stage where people are watching us, we really do not have to go and ask people to watch us. We have managed to create our visibility through our films and various cultural ventures…. We just have to be unapologetically Indian, with our stories," Ashwiny told IANS.

However, she believes that every story finds its own audience internationally because there are two kinds of international audience out there for Indian content - Indians settled abroad for generations and non-Indians.

Citing an example of her film Nil Battey Sannata, a story set in a village of India, shows a fragment of the society. The content is hyperlocal. It went on to win awards at international film festivals such as Silk Road International Film Festival.

Ashwiny said that the universal emotions of the film were bridging the gap between the eastern and western worlds. She explained: "Keeping the social background, it was the story of a mother and her daughter. The bond is universal. Similarly, the film ‘Dangal' did well at the international market because it is the story of a father-daughter relationship and how the daughters are living the dream of their father."

She was speaking on the sidelines of the 20th edition of FICCI FRAMES, a global media and entertainment conclave, last week. Has the interest of releasing an Indian film widely increased among international distributors?

"I would say that when it comes to releasing a film, whether in India or abroad, the screen count always depends on how much faith the distributors have on a film. When a film is released, they are investing money, so it is logical for them to be calculative and that is where the system is layered."

"When I am making a film, I am doing it with a certain conviction. But how much faith the producer and distributor will show in the final product is not in my hands."

"If the wavelength matches, nothing like it!" explained the director, who received a positive response for her last release Bareilly Ki Barfi.

Asked if being a storyteller, she frames her narration to cater to the international audience, Ashwiny said: "I think every story has its own flow and we should not tamper that just to match up to the expectations of a particular audience. Every story is shaped differently."

"Though Bareilly… and ‘Nil…- are both small-town stories, they are different…I know that my upcoming film 'Panga' has the elements that will connect with the international audience widely," she added.

"However, I am not doing it purposely. I always go with the flow of the story," she added. "Of course I cannot expect the same response from the international audience for my Bareilly Ki Barfi. So not all the films can cater to the international audience."

Business Standard |

Stories should be unapologetically Indian: Ashwiny

As Indian movies or films set in the country are gaining visibility globally at various international film festivals and award ceremonies including Oscars, celebrated film director Ashwiny Iyer Tiwari says that this is the right time to be "unapologetically Indian" with our stories.

After the India-set film "Period. End of Sentence" won an Oscar this year, how has the acceptance of Indian content increased abroad?

"I think internationally we have reached that stage where people are watching us, we really do not have to go and ask people to watch us. We have managed to create our visibility through our films and various cultural ventures…. We just have to be unapologetically Indian, with our stories," Ashwiny told IANS here.

However, she believes that every story finds its own audience internationally because there are two kinds of international audience out there for Indian content - Indians settled abroad for generations and non-Indians.

Citing an example of her film "Nil Battey Sannata", a story set in a village of India, shows a fragment of the society. The content is hyperlocal. It went on to win awards at international film festivals such as Silk Road International Film Festival.

Ashwiny said that the universal emotions of the film were bridging the gap between the eastern and western worlds.

She explained: "Keeping the social background, it was the story of a mother and her daughter. The bond is universal. Similarly, the film 'Dangal' did well at the international market because it is the story of a father-daughter relationship and how the daughters are living the dream of their father."

She was speaking on the sidelines of the 20th edition of FICCI FRAMES, a global media and entertainment conclave, last week.

Has the interest of releasing an Indian film widely increased among international distributors?

"I would say that when it comes to releasing a film, whether in India or abroad, the screen count always depends on how much faith the distributors have on a film. When a film is released, they are investing money, so it is logical for them to be calculative and that is where the system is layered."

"When I am making a film, I am doing it with a certain conviction. But how much faith the producer and distributor will show in the final product is not in my hands."

"If the wavelength matches, nothing like it!" explained the director, who received a positive response for her last release "Bareilly Ki Barfi".

Asked if being a storyteller, she frames her narration to cater to the international audience, Ashwiny said: "I think every story has its own flow and we should not tamper that just to match up to the expectations of a particular audience. Every story is shaped differently."

"Though 'Bareilly…' and 'Nil…'- are both small-town stories, they are different…I know that my upcoming film 'Panga' has the elements that will connect with the international audience widely," she added.

"However, I am not doing it purposely. I always go with the flow of the story," she added.

"Of course I cannot expect the same response from the international audience for my 'Bareilly Ki Barfi'. So not all the films can cater to the international audience."

APN News |

Frame Your Idea a big hit at FICCI Frames 2019

Frame Your Idea (FYI) at FICCI FRAMES 2019, concluded yesterday, created even greater access to content producers for those with a creative spark and the burning desire to achieve success in celluloid but having no access to makers.

During the 3 days of FYI, over 3500 meetings fructified between 400 writers/idea owners & over 50 Producers/Studios/Broadcasters. These meetings were across various categories including Film, Animation, Digital/Web Series, TV, and Documentary.

Over 50 FYI panelists consisted of content teams of producers, directors, studios, broadcasters and content aggregators, looking for that next big idea, story, script or finished content that they would want to grab and put out there.

In 2015, FICCI conceived and executed this ‘first of its kind’ forum in India called‘Frame Your Idea’ (FYI) with the intention to create access for creative minds to pitch their ideas, stories or scripts to best content producers.

The forum was unveiled in 2015 at the 16th edition of FICCI FRAMES, an annual event of FICCI, which serves as a vital link between the media & entertainment industry and the policy makers.

In 2019, with the participation of international creative minds (Qatar, New Zealand, Iran, United Arab Emirates, United States) and of course all parts of India, FYI with its figures makes itself the only platform in the country of its kind & scale.

Some of the panellists of ‘Frame Your Idea’ 2019:

Aamir Khan Productions; Abundantia Entertainment; Balaji Telefilms ltd; Bioscopewala Pictures; Bling Entertainment Solutions Pvt.Ltd.; Color yellow productions; Dharma Productions; Dharmatic Entertainment Pvt. Ltd; Disney; Filmkaravan; Fox Star Studios; Jio; Kabir Khan Films Pvt. Ltd.; Kross Pictures; Rajkumar Hirani Films Pvt Ltd; Rajshri Productions P Ltd; Roy Kapur Films; RSVP; Sikhya Entertainment; SPE Films India Pvt. Ltd.; Star TV; The Story Ink; Times Studio; Turner International; Viacom18 Motion pictures; Zee Studios.

SME Times |

Frame Your Idea a big hit at Frames 2019

Frame Your Idea (FYI) at FICCI FRAMES 2019, concluded recently, created even greater access to content producers for those with a creative spark and the burning desire to achieve success in celluloid but having no access to makers.

During the 3 days of FYI, over 3500 meetings fructified between 400 writers/idea owners & over 50 Producers/Studios/Broadcasters. These meetings were across various categories including Film, Animation, Digital/Web Series, TV, and Documentary.

Over 50 FYI panelists consisted of content teams of producers, directors, studios, broadcasters and content aggregators, looking for that next big idea, story, script or finished content that they would want to grab and put out there.

In 2015, FICCI conceived and executed this 'first of its kind' forum in India called 'Frame Your Idea' (FYI) with the intention to create access for creative minds to pitch their ideas, stories or scripts to best content producers.

The forum was unveiled in 2015 at the 16th edition of FICCI FRAMES, an annual event of FICCI, which serves as a vital link between the media & entertainment industry and the policy makers.

In 2019, with the participation of international creative minds (Qatar, New Zealand, Iran, United Arab Emirates, United States) and of course all parts of India, FYI with its figures makes itself the only platform in the country of its kind & scale.

Financial Express |

This is what India watches: Hindi movie channels king of TV viewership; digital content gains turf

Movie channels are the most popular form of entertainment on Indian television with a little less than a quarter (about 24%) of viewership dominated by this segment, according to the 2018 Yearbook of the Broadcast Audience Research Council (BARC India), The Indian Express reported. In movie channels, Hindi language lead with more than two-thirds (around 69%) audience backing.

Also, southern languages follow this Telugu at 11%, Tamil at 6% and Kannada at 4%. Only 1% of viewership comprises English movie channel watchers. Even lesser is the demand of Punjabi movie channels at 0.3%. Viewers spend about an hour and 22 minutes on an average on Hindi movie channels. The same for southern languages, led by Telugu, is an hour and three minutes. The same for Punjabi channels is a little more than 18 minutes and for English, it is 21 minutes.

Meanwhile, television is the most prevalent entertainment and media industry in India, pegged around Rs 740 billion gross in 2018; its place being challenged by online gaming and digital media, per a recent FICCI Frames report. However, the majority of Indians still choose television for their entertainment and it will retain its popularity in the coming three years as well, the report added.

There has been a shift towards the digital content as well. According to the same FICCI report, more Indians have started to pay for online content compared to 2017.

“We estimate that the number of Indians who paid for any content in 2018 (not including those who consumed content through bundled telco offerings) increased from 7.5 million in 2017 to 12-15 million in 2018,” the report said.

The digital subscription market saw an overwhelming 262% increase and is now estimated to be Rs 14.2 billion. The report also predicts that there is a demand for homegrown entertainment across the digital global audience. With shows such as Netflix’s Sacred Games hitting a chord with the viewers, there is an opportunity for Indian content creators to push more homegrown entertainment to the non-diaspora audience.

The New Indian Express |

Government can give support, but can't invest in films: Sanjeev Sanyal

While the government will not invest in films or content creation itself, it will, however, look into providing a framework and background support for the entertainment segment, according to Principal Economic Advisor Sanjeev Sanyal.

Speaking at an event in Mumbai last week, Sanyal ruled out the possibility of the government investing in films and content creation. “The government will be there to provide background support and framework that you need but please dont ask government to be story tellers because they aren’t,” he told the audience at the Federation of Indian Chambers of Commerce and Industry (FICCI) organised FICCI Frames conference.

Sanyal went on to add that the government cannot invest in films and at best “it might be limited to creating some documentaries”. However, he pointed out that expecting the government to do everything would be equivalent to Supreme Court running cricket in the country.

The government’s principal economic advisor also noted that there was not much thought in the policy making establishment on the entertainment sector, even though there is a treasure trove of stories that are waiting to be told. “Even though entertainment in its wide range of opportunities is a very important part of our economy it has literally zero mind space in policy making,” he said.

Sanyal, also a writer, also observed that Indians are not very confident of their story telling abilities and are often apologetic of story delivery, which needs to change.

Star Friday |

Frame Your Idea (FYI) a big hit at Frames 2019

Frame Your Idea (FYI) at FICCI FRAMES 2019, concluded yesterday, created even greater access to content producers for those with a creative spark and the burning desire to achieve success in celluloid but having no access to makers.

During the 3 days of FYI, over 3500 meetings fructified between 400 writers/idea owners & over 50 Producers/Studios/Broadcasters. These meetings were across various categories including Film, Animation, Digital/Web Series, TV, and Documentary.

Over 50 FYI panelists consisted of content teams of producers, directors, studios, broadcasters and content aggregators, looking for that next big idea, story, script or finished content that they would want to grab and put out there.

In 2015, FICCI conceived and executed this ‘first of its kind’ forum in India called ‘Frame Your Idea’ (FYI) with the intention to create access for creative minds to pitch their ideas, stories or scripts to best content producers.

The forum was unveiled in 2015 at the 16th edition of FICCI FRAMES, an annual event of FICCI, which serves as a vital link between the media & entertainment industry and the policy makers.

In 2019, with the participation of international creative minds (Qatar, New Zealand, Iran, United Arab Emirates, United States) and of course all parts of India, FYI with its figures makes itself the only platform in the country of its kind & scale.

Some of the panellists of ‘Frame Your Idea’ 2019:

Aamir Khan Productions; Abundantia Entertainment; Balaji Telefilms ltd; Bioscopewala Pictures; Bling Entertainment Solutions Pvt.Ltd.; Color yellow productions; Dharma Productions; Dharmatic Entertainment Pvt. Ltd; Disney; Filmkaravan; Fox Star Studios; Jio; Kabir Khan Films Pvt. Ltd.; Kross Pictures; Rajkumar Hirani Films Pvt Ltd; Rajshri Productions P Ltd; Roy Kapur Films; RSVP; Sikhya Entertainment; SPE Films India Pvt. Ltd.; Star TV; The Story Ink; Times Studio; Turner International; Viacom18 Motion pictures; Zee Studios.

Orient Publication |

Frame Your Idea (FYI) a big hit at Frames 2019

Frame Your Idea (FYI) at FICCI FRAMES 2019, concluded yesterday, created even greater access to content producers for those with a creative spark and the burning desire to achieve success in celluloid but having no access to makers.

During the 3 days of FYI, over 3500 meetings fructified between 400 writers/idea owners & over 50 Producers/Studios/Broadcasters. These meetings were across various categories including Film, Animation, Digital/Web Series, TV, and Documentary.

Over 50 FYI panelists consisted of content teams of producers, directors, studios, broadcasters and content aggregators, looking for that next big idea, story, script or finished content that they would want to grab and put out there.

In 2015, FICCI conceived and executed this 'first of its kind' forum in India called ‘Frame Your Idea’ (FYI) with the intention to create access for creative minds to pitch their ideas, stories or scripts to best content producers.

The forum was unveiled in 2015 at the 16th edition of FICCI FRAMES, an annual event of FICCI, which serves as a vital link between the media & entertainment industry and the policy makers.

In 2019, with the participation of international creative minds (Qatar, New Zealand, Iran, United Arab Emirates, United States) and of course all parts of India, FYI with its figures makes itself the only platform in the country of its kind & scale.

Some of the panellists of ‘Frame Your Idea’ 2019:

Aamir Khan Productions; Abundantia Entertainment; Balaji Telefilms ltd; Bioscopewala Pictures; Bling Entertainment Solutions Pvt.Ltd.; Color yellow productions; Dharma Productions; Dharmatic Entertainment Pvt. Ltd; Disney; Filmkaravan; Fox Star Studios; Jio; Kabir Khan Films Pvt. Ltd.; Kross Pictures; Rajkumar Hirani Films Pvt Ltd; Rajshri Productions P Ltd; Roy Kapur Films; RSVP; Sikhya Entertainment; SPE Films India Pvt. Ltd.; Star TV; The Story Ink; Times Studio; Turner International; Viacom18 Motion pictures; Zee Studios.

Spirit of Mumbai |

Frame Your Idea (FYI) a big hit at Frames 2019

Frame Your Idea (FYI) at FICCI FRAMES 2019, concluded yesterday, created even greater access to content producers for those with a creative spark and the burning desire to achieve success in celluloid but having no access to makers.

During the 3 days of FYI, over 3500 meetings fructified between 400 writers/idea owners & over 50 Producers/Studios/Broadcasters. These meetings were across various categories including Film, Animation, Digital/Web Series, TV, and Documentary.

Over 50 FYI panelists consisted of content teams of producers, directors, studios, broadcasters and content aggregators, looking for that next big idea, story, script or finished content that they would want to grab and put out there.

In 2015, FICCI conceived and executed this 'first of its kind' forum in India called‘Frame Your Idea’ (FYI) with the intention to create access for creative minds to pitch their ideas, stories or scripts to best content producers.

The forum was unveiled in 2015 at the 16th edition of FICCI FRAMES, an annual event of FICCI, which serves as a vital link between the media & entertainment industry and the policy makers.

In 2019, with the participation of international creative minds (Qatar, New Zealand, Iran, United Arab Emirates, United States) and of course all parts of India, FYI with its figures makes itself the only platform in the country of its kind & scale.

Some of the panellists of ‘Frame Your Idea’ 2019:

Aamir Khan Productions; Abundantia Entertainment; Balaji Telefilms ltd; Bioscopewala Pictures; Bling Entertainment Solutions Pvt.Ltd.; Color yellow productions; Dharma Productions; Dharmatic Entertainment Pvt. Ltd; Disney; Filmkaravan; Fox Star Studios; Jio; Kabir Khan Films Pvt. Ltd.; Kross Pictures; Rajkumar Hirani Films Pvt Ltd; Rajshri Productions P Ltd; Roy Kapur Films; RSVP; Sikhya Entertainment; SPE Films India Pvt. Ltd.; Star TV; The Story Ink; Times Studio; Turner International; Viacom18 Motion pictures; Zee Studios.

Mumbai News Network |

Frame Your Idea (FYI) a big hit at Frames 2019

Frame Your Idea (FYI) at FICCI FRAMES 2019, concluded yesterday, created even greater access to content producers for those with a creative spark and the burning desire to achieve success in celluloid but having no access to makers.

During the 3 days of FYI, over 3500 meetings fructified between 400 writers/idea owners & over 50 Producers/Studios/Broadcasters. These meetings were across various categories including Film, Animation, Digital/Web Series, TV, and Documentary.

Over 50 FYI panelists consisted of content teams of producers, directors, studios, broadcasters and content aggregators, looking for that next big idea, story, script or finished content that they would want to grab and put out there.

In 2015, FICCI conceived and executed this 'first of its kind' forum in India called ‘Frame Your Idea’ (FYI) with the intention to create access for creative minds to pitch their ideas, stories or scripts to best content producers.

The forum was unveiled in 2015 at the 16th edition of FICCI FRAMES, an annual event of FICCI, which serves as a vital link between the media & entertainment industry and the policy makers.

In 2019, with the participation of international creative minds (Qatar, New Zealand, Iran, United Arab Emirates, United States) and of course all parts of India, FYI with its figures makes itself the only platform in the country of its kind & scale.

Some of the panellists of ‘Frame Your Idea’ 2019:

Aamir Khan Productions; Abundantia Entertainment; Balaji Telefilms ltd; Bioscopewala Pictures; Bling Entertainment Solutions Pvt.Ltd.; Color yellow productions; Dharma Productions; Dharmatic Entertainment Pvt. Ltd; Disney; Filmkaravan; Fox Star Studios; Jio; Kabir Khan Films Pvt. Ltd.; Kross Pictures; Rajkumar Hirani Films Pvt Ltd; Rajshri Productions P Ltd; Roy Kapur Films; RSVP; Sikhya Entertainment; SPE Films India Pvt. Ltd.; Star TV; The Story Ink; Times Studio; Turner International; Viacom18 Motion pictures; Zee Studios.

ET Brand Equity |

Policy push a way forward to drive sports in India

Even as cricket remains to be one of the most important sports, the time has come to focus more on other sporting events to drive other Indian sports. “The government also needs a to overhaul school and university tournaments to create more fans,” said Vinit Karnik, business head – entertainment, sports and live events, GroupM at FICCI Frames in Mumbai.

A six-member panel moderated by sports journalist, Mayanti Langer, discussed the ways to drive sports forward, on and off the field.

“India has been a country which has been following only one sport for over three decades from media standpoint or popularity standpoint. For me, somewhere the entire league structure starting with Indian Premier League has created the momentum around the sports economy per say, which has been driven by private players,” Karnik said.

Speaking at the event Nitin Kukreja, chief executive officer, IQuest Enterprises said, “There has been mushrooming of leagues in the past five to seven years but at the same time, at an international level the sport is a competition and have we progressed on that? No we haven’t. If I look back at the medals tally in the Olympics, it has actually come down.”

Stressing the need for a new policy framework with a focus on creating better infrastructure for different sports Atul Pandey, chairman, Sports Live Entertainment said, “the policy makers are still not clear that the road to success in sports is by social or commercial means. Let the private investors come in, lets sports spread, let people invest to eventually make money. I think it is time the government created infrastructure and general policies.”

According to Matt Kurlanzik, director, government relations, Asia, 21st Century Fox, broadcasting rights are the fuel of any sport. “In the US, if one looks at NBA, it makes anywhere between $7-8.5 billion out of which 60% is broadcast rights. Similarly, baseball gets $10 billion and the same with American football. More than 60% of that is broadcast rights. If you want to grow sports then broadcast rights and limited regulation are important,” Kurlanzik said.

Chintamani Rao, an independent consultant meanwhile, said, “Hockey India earns 90% of its revenues from broadcasting rights. All India Football Federation earns 85% of its revenues from broadcasting rights and even BCCI gets 47% of its revenue from broadcasting rights. That’s how broadcasting rights act as a fuel.”

According to John Medeiros, chief policy officer AVIA, in Honk Kong, the cultural sphere is much different. “Now I see a lot more Indian sports in our media than say ten years before. There is a dynamism in India which is flowing out into the rest of the world.”

ET Brand Equity |

FICCI FRAMES 2019: Advertising growth and challenges ahead

“We have seen more than 3,000 new advertisers on TV and 80,000 new advertisers in print over last 10 years,” said Sam Balsara, chairman, Madison World as he outlined his advertising journey and how the industry has fared in the past ten years and challenges it faces.

Balsara was speaking at the FICCI FRAMES 2019 while in conversation with industry veterans - Shashi Sinha, CEO, IPG Mediabrands, Ankit Desai, head - media & digital marketing, Marico, Partho Dasgupta, CEO, BARC India, Ajay Dang, joint executive president, head –marketing, Ultratech, Catherine Blizzard, director - marketing & audiences, BBC World Service and Nina Elavia Jaipuria, head , Hindi Mass Entertainment & Kids TV Network, Viacom18.

According to him, the advertising market is bound to grow and remain the fastest-growing advertising market in the world. He maintained that the industry should focus on brand-outcomes and the currency that should be looked at from a marketing point-of-view should be cost-per-unit of brand outcome rather than cost-per-rating point or cost per thousand.

Shashi Sinha meanwhile, pointed out that the digital revolution enveloping India today has its challenges for advertisers. “How do you look at digital as a medium in the context of delivering audiences.” He added that digital is so fragmented, that from an internal operational structure and people-calibre point-of-view, there are challenges too.

Sharing his take on challenges that the industry is dealing with, Ajay Dang stated, “I don’t think that we have understood to change the way of storytelling. Audiences have evolved but we as an industry lack in several areas.” Meanwhile, Nina Elavia Jaipuria shared that news and sports may have invaded in the GEC space but it still manages to maintain 53% of the impressions. According to her, broadcasters have to tell a relatable story to cut through the clutter.

Ankit Desai advised, “There is democratisation, but the democratisation of data is also happening simultaneously and if we won’t do anything about it, we would be drowned.”

Partho Dasgupta remarked that his worry remains talent. “Attracting media analytics talent is a problem,” he said.

On the changes that the TV landscape is grappling with, he said as people have been told to exercise their choice in terms TV channels, it is not uniform and space is going through a migration and will take a while to bounce back to normalcy.

According to Catherine Blizzard, BBC was an ODI-first brand but to navigate the rapidly-changing industry landscape invested in TV content, digital content and ODI in 43 languages. “We worked hard on upscaling our marketing teams, being digital-first and a massive focus on marketing effectiveness which we knew would get imperative over time,” she shared.

ET Brand Equity |

Leveraging blockchain a new option to explore

Artists and creators are looking at new ways to partner with content companies to address their goals of creative independence, IP ownership and financial transparency. Leveraging blockchain to empower content-creators looks like an interesting option to explore.

At FICCI FRAMES 2019, Depinder Singh , India Head, Z-Pop, Prasanna Lohar, CIO, DCB Bank, Rajesh Chandiramani, senior vice president and head of enterprise business, APAC & British Telecom, Tech Mahindra and Deepak Lalan, director, Accenture, in conversation with Mini Gupta, Partner, Ernst & Young discussed how tokens can be used to manage rights/revenue automatically using smart contracts.

Mini Gupta said that block-chain brings in standardisation, immutability, transparency and does away with leakages.

Deepak Lalan remarked, “we need to do KYC (know your customer) in every walk of our lives, multiple times but with block-chain coming into the picture, you can reduce it without losing our privacy and can anonymise our identity.”

He added that in reality shows, viewers vote for their favourite contestants but it’s really black-box. “In such a case, block-chain can bring trust and transparency. Also it can be traceable as you know whom you’re voting for.”

From a content production point-of-view, block-chain can be applied in a number of ways in contracts, content and digital rights.

“Media and entertainment leaders need to understand where it can be used,” advised Singh. There are content problems with gate-keepers, digital rights and controlling resources go into content which is never transparent.” Depinder Singh hinted that blockchain can solve these problems by creating the one-on-one scenario to facilitate direct communication and will enable those involved to know what rights are given to whom and what money coming in. It can manage piracy everywhere.

Meanwhile, Rajesh Chandiramani opined that while digital is creating new set of industries for us, it brings security challenges that we are exposed to.

He explained that it also signals that content will be delivered through mobile platforms and content like ads will be consumed in devices which are vulnerable and can be hacked. “We got to make sure that intermediaries are lesser and lesser. We cannot live without tech enablers which is why block-chain will be a must,” he said.

The Hindu Business Line |

TV dominates media sector, but ad revenues to fall: report

Indian media and entertainment sector revenues reached $23.9 billion in 2018, and are expected to cross $33.6 billion by 2021, growing at a CAGR of 11.6 per cent, according to a report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and EY. Though television has retained its position as the largest segment, analysts say the new television tariff structure in place could hit broadcasters’ ad and subscription revenues.

The TV industry grew 12 per cent from ₹66,000 crore to ₹74,000 crore in 2018. TV advertising grew 14 per cent to ₹30,500 crore while subscription grew 11 per cent to ₹43,500 crore. Television viewing households increased by 7.5 per cent over 2016.

The EY-FICCI report notes that the TRAI tariff order can have implications on total viewership, free television uptake, channel MRP rates and advertising revenues. Analysts have also alluded to the fact that advertisers and media agencies are going to be conservative in their ad spends on TV.

“Given limited clarity on subscription and black-outs happening in certain pockets, there could be an impact on ad revenue for broadcasters this quarter,” said Abneesh Roy at Edelweiss Securities.

Maintaining that it presents an opportunity for advertisers to assert their bargaining power, Roy says this "would exert pressure on ad rates charged by broadcasters in the near term."

Meanwhile, the Broadcasters Audience Research Council (BARC) India has stopped publishing data for the general public, with data only available for BARC subscribers. This has created confusion and led to a slowdown on media buying on TV.

The withdrawal of popular Hindi channels from free-to-air DTH platform DD Free Dish is also expected to hit the revenue of major broadcasters. The DD Free Dish platform constitutes about 16 per cent of the TV universe in India, covering 30 million households.

Greater Kashmir |

Bollywood to keep date with Kashmir

Despite recent drop in Kashmir’s tourist footfall after the Pulwama attack on February 14, popular tourist hubs across the valley continue to be popular destinations for Bollywood to shoot their films.

With Tulip and almond bloom expected during end of this month, a considerable increase in permissions being sought for film shoots is being witnessed.

Director, Tourism Kashmir, Nisar Ahmad Wani told Greater Kashmir that both feature film-makers and short film producers are seeking permission for film shoots here.

“Tulip garden is a major attraction for film crews and we are receiving requests for film shoots of different types,” said Wani.

Javed Ahmad Bakshi, director, SKICC, who recently represented Jammu and Kashmir as the “partner state” at country’s largest media and entertainment event, ‘FICCI Frames’ in Mumbai told Greater Kashmir that Bollywood and even television industry is upbeat about the Valley.

“We interacted with a lot of filmmakers and television personalities during the event who expressed their love for the Valley. J&K being the partner state for the event was a value addition to promotion of Valley and we hope we can have an improved footfall this summer,” Bakshi said.

Film producers and actors who recently visited the Valley cherished their experiences saying they would be keen to visit the Valley again. Actress Divya Dutta who has been seen in many Bollywood and Punjabi films said her shooting in Kashmir for Bollywood film “Gul Makai”, based on the young Pakistani activist and Nobel Peace Prize-winner Malala Yousafzai, was when she had the best time shooting. Earlier also Dutta has shot for a film in the valley with singer and songwriter Gurdas Mann .

“With people being absolutely supportive and warm towards everyone, it is fun being in Kashmir. If things are so nice in Kashmir, I would like to request people to show this positive side of the place and encourage people to visit Kashmir. The negative reporting scares people while the situation may not be as bad.” said Dutta.

Producer of film “Hamid”, Siddharth Anand Kumar says Kashmir plays a vital role in the script of the movie. “The film is a tale of empathy as thematic which is essential for human being especially in our troubled times. The message of the film is very relevant.”

Kumar said his soon to be released film Hamid has a relevant message for everyone in the valley and outside.

Actress Feryna Wazheir who shot for ‘Sadiyaan’, that was the first film to be shot in Kashmir after a long time when the shootings of films in the Valley had stopped for many years said their crew shot at many locations in Kashmir adding that local people were warm and helpful to the whole cast and crew.

According to a tourism department official, more than 15 movies and advertisements were shot in Kashmir over last two years. Salman Khan has shot his movie Bajrangi Bhaijan in Kashmir earlier. Last year, an ad shoot for ICC World cup shooting schedule was also completed in Kashmir. John Abraham starrer ‘RAW’, Manmarziyaan which featured Abhishek Bachan were also shot in the Valley. A number of films have been shot in the state over the past year alone, including Neeraj Pandey’s Aiyaary (starring Sidharth Malhotra, Manoj Bajpayee, and Rakul Preet Singh), Meghna Gulzar’s Raazi (with Alia Bhatt and Vicky Kaushal in the lead), to Divya Dutta-starrer Gul Makai (based on the young Pakistani activist and Nobel Peace Prize-winner Malala Yousafzai), to Imtiaz Ali’s brother Sajid Ali’s Laila Majnu, with newcomers Avinash Tiwary and Deepthi.

Animation Express |

The second day of 20th FICCI Frames took up the pace from the inaugural day

The opening session saw the tourism sector in the ‘Spot Light’. The panel released the knowledge report on Film tourism in India – A beginning towards unlocking its potential. With an interactive panel with the participating State Governments including Odisha Film Development managing director Nitin Bhanudas Jawale, Government of Delhi PR and publicity/tourism chief manager Sudhir Sobti and Rajasthan Tourism additional director Manisha Arora took audience through some spectacular ads and scenic beauty of Rajasthan and Odisha.

The second session was a discussion on reaching out to the GenZ audience-millennials. The panel consisted of Wattpas country head Devashish Sharma, The Viral Fever glibal head of content & business Rahul Sarangi, Graphic India chief executive officer Sharad Devrajan, Vice Media India CEO Charanpreet Arora, Viacom18 youth and music head Ferzad Palia and Discovery Kids head Uttam Pal Singh.

Talking about how consumption pattern of each generation is changing rapidly because of peer pressure and other factors, these wise men shared – 40 per cent of GenZ consume TV and 48 per cent consume Digital platform. 74 per cent of video content is consumed on YouTube and Facebook.

Arora highlighted on the LGBTQ+ inclusive content and the need to create relatable stories around them. “We did content around the LGBT much before 377 was decriminalised and many said it won’t work. But after the Supreme Court’s verdict, it is easier.”

Sharma, Singh, Sarangi and Devrajan informed about their upcoming slate of interesting and productive shows for the GenZ audience.

Next up on the stage was Alphabeta strategy and economics engagement manager Dr. Konstantin Matthies who gave an insightful and extended presentation on the growth of VOD investment in entertainment industries. He exclaimed that local Asian, Indian content is expected to grow 3.7x times by 2022 and 10 billion US dollars. He also added that four billion dollars of direct foreign investment is done in India.

To provide a better scenario on the booming digital space in India, the panel on the dual addiction of OTT and linear TV channels, and whether they will coexist was an enriching one. India continues the trend where OTT platforms, cable TV, DTH grow in tandem.

Eminent media personality Raj Nayak commented, “Audience taste is evolving and thus they want compelling stories on both OTT platforms and TV channels.”

Zee5 CEO Tarun Katiyal noted, “TV content is heavily watched on OTT platforms too. The large screen experience will remain and both of the platforms are here to stay for a while.”

The newly added breed of storytellers included the swadeshi filmmakers Sharat Katariya, Rima Das, Sharad Kelkar, Guneet Monga, Ashwinuli Iyer Tiwari and Amritpal Singh Bindra who talked about the notion behind having a safe formula to create successful movies.

Das said that while creating films or thinking if stories, she tries to connect herself to her roots and understand the real happiness and purpose behind the films, which helps in connecting with the audience.

Bindra smartly shed light in the increase in digital content, “There are more people making digital content than the number of people watching it.”

The panel agreed on the benefits of OTT platforms, stating that there is more freedom to express the content now.

The session on ‘small’ big films saw great inputs and secrets from the makers. Stree writer/producer Raj Nidimoru said, “We’re independent filmmakers who wanted to find our roof and tell good stories. When we wrote the film we knew we should do it and it clicked with the audience.”

Badhai Ho director Amit Sharma added, “It’s the idea and storytelling that matters the most. If it clicks to me as a director, it is going to click with the audience, even if it is a one line idea.”

The other panelists were Sony Pictures managing director Vivek Krishnani, Stree co-writer and producer Krishna DK, Viacom18 COO Ajit Andhare, Stree director Amar Kaushik and Jungle Pictures producer Priti Sahani.

Andhare commented that the things to keep in mind are instinct; relying on idea/story and not star power; avoiding trends; and doing something new that is not there in this plethora of local and global content market.

Another session which was full house was the Influencer’s Adda, which had Prajakta Koli, Gaurav Gera, Ssumeir Pasricha, Shrishti Dixit and Rohan Joshi. Vidooly co-founder Nishant Radia moderated the panel which had the give and takes of views. Joshi expressed that influencer is just another title given to somebody who tries something different from the crowd. Koli found that the feel-good factor is important to make anybody an influencer. The panel discussed about the branding game today and how with the help of digital content, brands are getting far more recognition.

A rocking session with Mumbaichi Rani Malishka made the session interactive with her candid questions. The panel included Alt Balaji series Apaharan’s actors Arunoday Singh, Nidhi Singh, Varun Badola, and director Siddharth Sengupta, who shared their experience while shooting on the scenic ghats of Ganga.

The Digital economy 2.0 session had insightful keynote sessions by Aditya Birla Management Corporation director telecom and Grasim Industries vice chairman Himanshu Kapania and Yaduvendra Mathur.

Central Board of Film Certification member Vani Tripathi Tikoo and filmmaker Pralhad Kakkar shed light upon the dos and don’ts that are taken care of while giving a certificate to any film. Tikoo explained how the narration of the context of the film plays an important role while censoring the content is providing the certificate.

With very insightful sessions, the day two of FICCI Frames 2019 saw the halls filled with audience eager to get informed on various topics.

The final event was the much awaited BAF Awards with which we will keep you updated.

Stay tuned!

Kashmir News Service |

FICCI holds session on shooting films in Kashmir

A session to discuss film shoots in beautiful Jammu and Kashmir was held on day-II of the 20th edition of FICCI Frames. The session moderated by Atika Ahmed Farooqui, Creative Director, Colors Cineplex, had panelists like Javid Bakshi, Director SKICC, Dept. of Tourism, Government of J&K; Divya Dutta, Actress; Nitin Kakkar, Filmmaker; Feryna Wazheir, Actress and Siddharth Anand Kumar, Producer, Hamid.

The state of beautiful Jammu and Kashmir has been part of many films from the time films have been started getting made on a big canvas. Film lovers can never forget the beautiful backdrop when they talk about the romance in of Kashmir Ki Kali and from there on, there have been several films set in the beautiful landscape of so-called Heaven on Earth. But there were times when film shoots were stopped completely in Kashmir. Not only this, even the cinema halls were shut for a long period of time. Things are changing again as many films in recent past were being shot there and filmmakers continue to go to shoot in and around Kashmir.

Divya Dutta said that Kashmir has been part of her childhood because, being a Punjabi, the holidays were all about visiting Kashmir.

She said, “I shot for a film there with Gurdas Mann and more recently Gul Makai and had the best time shooting there with people being absolutely supportive and warm towards everyone.”

“I remember I met this seller of saffron who was going on pleading us to buy saffron and when he saw me little irritated he politely said, madam kya karein tourist kam ho gaye hain to zyada bolna padta hai (because tourists are lesser, we have to plead more for selling our stuff). I can never forget that incident now.” she added.

“I remember going on a holiday to Kashmir sometime back and it was very difficult to get hotels as everything was booked. Dal lake was full of people and we had to wait to get a ride of shikaras. If things are so nice in Kashmir, I would like to request people to show this positive side of the place and encourage people to visit Kashmir. The negative reporting scares people while the situation may not be as bad.” said Divya Dutta.

Mr Nitin Kakkar, who shot for Notebook in Kashmir, said “We have shot for 44 days in Kashmir and stayed there for around 60 days, but not once did we have to cancel our shoot because of threat or fear. We did cancel two days shoot because of weather but not for any other reasons.” He further spoke about how Switzerland was found to shoot films as an alternate to Kashmir when legendary Yash Chopra could not shoot in Kashmir and from there on Switzerland became a new destination for shoots.

Javid Bakshi spoke about how Kashmir is always referred to as a paradise. “There may be times when there is disturbance, but I hope more and more people start visiting Kashmir because if you haven’t, you are missing something surely.”

“Even in disturbed phases, we saw a lot of films. Every house hold used to be abreast with all the newly released films through pirated DVDs when the cinema halls were shut there.” said Javid Bakshi.

He further added “I was in Kashmir for a recce and one day I got a newspaper with a headline on front page saying, ‘curfew in Kashmir’. I was skeptical to go out and called my driver to cancel the recce. The driver was already waiting down and said sir, sab normal hai, aa jaaiye (everything is normal, please come). I went out and did my recce without any trouble. Later I got to know that the curfew was only at a very small place for just few hours, but such reporting actually creates and spreads fear.”

“This factor of reporting is not new. For economic reasons sometimes media reports negative things about a destination to promote another destination. That has happened even with destinations like Maldives and Egypt where suddenly there are reports of terror there in Egypt and people have figured other destinations to see pyramids. No one wants to visit a place with family when there is any element of doubt about the risk for his or her family members.” said Bakshi

Producer of film Hamid, Siddharth Anand Kumar spoke about how Kashmir plays a vital role in the script. “The film is a tale of empathy as thematic which is essential for human being especially in our troubled times. The message of the film is very relevant.”
Actress Feryna Wazheir who shot for Sadiyaan that was the first film to be shot in Kashmir after a long time when the shootings of films in Kashmir had stopped for many years concluded the spoke about how they shot at many locations in Kashmir and the local people there were warm and helpful to the whole cast and crew.

Producer of film Hamid, Siddharth Anand Kumar concluded the conversation speaking about his soon to be released film Hamid. “The film is a tale of empathy as thematic which is essential for human being especially in our troubled times. The message of the film is very relevant.”

IWMBUZZ.com |

FICCI FRAMES: Session with digital influencers

A session on young media influencers was held on day 2 of FICCI FRAMES, the global media and entertainment conclave. These media influencers are being used by brands to promote their brands through social media. These influencers have a huge following on their social media platforms.

“I think earlier it was about the fact that if you are a celebrity, there should be a mystery around it. Now your celebrity status has everything to do with your reliability to the people,” said Rohan Joshi.

“I think when it comes to sponsorship and collaboration, brands come to us depending on the age group of our audience and if that matches up to their brand value,” explained Srishti.

Actor Gaurav Gera, popular on social media for his characters like Chutki and Shopkeeper, said: “I think we are like TV channels. You know where we have subscribers and steady audience like the way TV channels have. We are primarily making videos to entertain and to engage with people.”

Talking about maintaining consistency of the content, Prajakta Koli, a YouTuber known as MostlySane, said: “It has to be a full-time job. We have to be in search of content and there is no day off for us. Especially, in our initial days, when we are doing everything — writing, performing, editing. But then, once you get a strong connection with the audience, you just go on.”

Have the digital influencers got their dues?

“I was having a conversation with someone who was saying how much budget is allotted for digital marketing, and the amount was massive. It tells us how the whole ballgame of marketing has changed. Whereas they want a Bollywood star for his/her reach, they also want a social media influencer for its relatability factor.”

sify finance |

Entertainment experts urge states to encourage film tourism

Entertainment professionals on Wednesday called for evolving policies to ease film shoots across India with single window clearances.

The states must create infrastructure and build a local ecosystem of tourism around that place, said Jaspal Singh Bindra, Chairman of FICCI Maharashtra State Council and Executive Chairman of Centrum Group.

"There is a need for a friendly and proactive policy to enable to get approvals in a specific time-frame and get assistance on site from respective government departments," he said while addressing a session titled 'Shoot at Site' on the second day of 20th FICCI Frames, the global media and entertainment convention.

Vikramjit Roy, Head of Film Facilitation Office, said India has a robust film industry which can harness and leverage many locations across the country.

He also spoke about how online applying for a shoot has become smooth. One can see locations and apply with a click of a button to complete the process. Concerned authorities help the filmmakers get necessary permissions to shoot anywhere in a state, said Roy.

Ms Neelam Bala, Secretary at the Animal Welfare Board, spoke about creating awareness around using animals for shoots. “There are strict rules about monitoring related to the use of animals in movies and other media, as films require permissions before releasing the audio visual for public viewing.”

Among others who spoke were Kulmeet Makkar, CEO of Producer Guild of India, Usha Sharma, Director General of Archaeological Survey of India, Nitin Bhanudas Jawale, Managing Director of Odisha Film Development Corporation, Sudhir Sobti, Chief Manager Chief Manager for public relations, publicity and tourism at the Government of Delhi, and Manisha Arora, Additional Director of Rajasthan Tourism.

The FICCI-EY knowledge report on film tourism was released at the event. It covers policies of 21 states.

Business Standard |

No temptation to base my next in small town: Sharat Katariya

Sharat Katariya has delivered two hits in "Dum Laga Ke Haisha" and "Sui Dhaaga", which were set in small towns but the filmmaker says there is no temptation to set his third in the same milieu.

Sharat's films have been lauded for using the small town setting in the most organic manner.

The director says he is currently working on multiple ideas, but he is not sure which one will materialise.

"Stories come with their own rules and regulations and, settings. You can't impose or dictate those things. When something excites you, you go for it. It can be based anywhere. I have stories but there is no temptation to set them there," Sharat said in an interview.

"The only temptation is to write stories you feel strongly about. Currently I'm writing and I'm still in that process. Nothing has been figured out yet. I'm working on multiple ideas but don't know which one will materialise," he added.

The director was part of the panel discussion 'Unapologetically Indian: The new breed of Swadeshi storyteller of the industry' at the 20th edition of FICCI Frames on Wednesday night.

While small town-set films are working at the box office, they are facing criticism for now having become a template and losing novelty.

Sharat says the industry has already fallen into "that trap".

"Now it's a template. The small town and their people have become caricatures of real people, which isn't nice. In 'Dum Laga Ke Haisha', the town wasn't important. It was about an uneducated man who was going through his problems of dealing with an overweight woman.

"That's how the story came to me. That's why I set it in a town where things matter and are considered issues," he added.

Business News Trends |

Day 3 of the 20th Edition of FICCI FRAMES Started with an Interesting Session on Sports

Day 3 of the 20th Edition of FICCI FRAMES started with an interesting session on Sports. Titled ‘Sportsonomics: Driving Indian Sports Forward, On And Off The Field’, the session saw coming together of sportspersons, regulators, administrators and industry leaders to analyse business models and policies that will launch next decade of growth for Indian sports.

Moderated by Indian Sports Journalist Ms Mayanti Langer, the panelists included Mr Atul Pandey, Chairman, Sports Live Entertainment; Mr John Medeiros, Chief Policy Officer, AVIA; Mr Chintamani Rao, Renowned media expert; Mr Vinit Karnik, Business Head - Entertainment, Sports & Live Events, GroupM; Mr Nitin Kukreja, Chief Executive Officer, IQuest Enterprises Private Limited and Mr Matthew Kurlanzik, Director, Government Relations, Asia, 21St Century Fox. With Khelo India, sports is being promoted as an important tool not only for physical growth but also for mental strength. The panelists spoke about the importance of creating sports environment on ground level to make India more prominent on international platforms.

While Mr Atul Pandey spoke about challenges from policymakers’ perspective, he also mentioned how the opportunities in our country are very high. Speaking about popularity of Indian Sports outside India Mr John Medeiros said, “I live in Honk Kong, the cultural sphere is much different, but now I see a lot more Indian sports in our media than say ten years before. There is a dynamism in India which is flowing out into the rest of the world.”

“IPL has created a momentum around sports economy in India and that’s been pretty much driven by private players. The responsibility is not only of the broadcasters, but we need to create a holistic environment around sports,” said Mr Nitin Kukreja. Taking sports to international platforms, he further added, “We have seen mushrooming of leagues and exposures, but at international level sports is a competition. Our medal tally at international level has come down. We need to take measures to correct and take Indian sports forward at an international level because the recognition, fan attention and money comes from there.” Mr Matthew Kurlanzik spoke about how abroad the sports competitions at school and university levels are being broadcast. “It doesn’t only give you a player that has already garnered fan following but also helps creating an environment around that sport.” “Broadcasting rights are the fuel for any sport to grow.” He added.

“We need to have many more leagues at school level, international coaches come here to coach our students, we need to nurture talent, give him or her right competition exposure, we need to have more international teams come here and play and we need to have that comprehensive piece from sporting side and from marketing point of view,“ concluded Mr Nitin Kukreja.

eTurboNews |

States must develop friendly policies to encourage India film tourism

On day 2 at the 20th edition of FICCI FRAMES, the global media and entertainment convention, the event started with a session titled “Shoot at site.” The participants in the session discussed policies to ease film shoots across India and single-window clearance for states.

Moderated by Mr. Kulmeet Makkar, CEO of the Producer Guild of India, the panelists included Ms. Usha Sharma, Director General of the Archaeological Survey of India; Dr. Neelam Bala, Secretary of the Animal Welfare Board of India, Ministry of Environment, Forest and Climate Change, Government of India; and Mr. Vikramjit Roy, Head of the Film Facilitation Office. A keynote address was delivered by Mr. Jaspal Singh Bindra, Chairman of the FICCI Maharashtra State Council & Executive Chairman of the Centrum Group.

The participation states were represented by Dr. Nitin Bhanudas Jawale, Managing Director of the Odisha Film Development Corporation; Mr. Sudhir Sobti, Chief Manager (PR & Publicity/Tourism) of the Government of Delhi; and Dr. Manisha Arora, Additional Director of Rajasthan Tourism.

In his keynote address, Mr. Jaspal Singh Bindra said: “The portrayal of destinations through films and televisions play a very important role. Legendary Mr. Yash Chopra was the one who made Switzerland a tourist destination for people in our country and was awarded by the Switzerland government. The whole thing is about awareness of a destination. They are about creating infrastructure around the destination and largely building a local ecosystem of tourism around that place. All of this suggests that formulating policies in states should be given adequate significance to film tourism policy as well. There is a need for a very friendly and proactive policy to enable to get approvals in a specific timeframe and get assistance on site from the respective government departments and add financial assistance.”

“The knowledge report [Federation of Indian Chambers of Commerce and Industry in association with knowledge provider EY of Ernst & Young Global Limited – FICCI-EY Knowledge Report on film tourism] released today covers the film policies in 21 states of India. And that’s a very encouraging sign,” he added.

Mr. Vikramjit Roy said: “When we talk about ease of filming, it is not just for the International filmmaker. Given India’s landscape, depth of the industry, and the fact that we have such a robust film industry, it’s also about how domestic film industry can harness and leverage more than one location across India.”
He also spoke about how the online applying for shoot at site has become a much smoother process where they can see locations, apply with the click of a button, and the process is completed. The concerned authorities help the filmmakers get necessary permission to shoot anywhere in a state.

Ms. Neelam Bala spoke about creating awareness around using animals for shoots. “There is a paradigm shift in [the] treatment of animals in India. The board is also creating awareness through trainings, workshops, seminars, and personal visits. There are strict rules about monitoring related to the use of animals in the movies and other media as films require permissions before releasing the audio visual for public viewing,” she said.

Business Standard |

Indian Media and Entertainment Sector Reaches Rs1.67 Trillion In 2018, Up 13.4%

The Indian Media and Entertainment (M&E) sector reached INR1.67 trillion (US$23.9 billion) in 2018, a growth of 13.4% over 2017, states the FICCI-EY report, 'A billion screens of opportunity,' launched at the FICCI FRAMES 2019 in Mumbai. With its current trajectory, the M&E sector in India is expected to cross INR2.35 trillion (US$33.6 billion) by 2021, at a CAGR of 11.6%. While television retained its position as the largest segment, growth is expected to come from digital which will overtake filmed entertainment in 2019 and print by 2021. The report captures key insights from the exciting and fast-growing Indian M&E sector.

The sector continues to grow at a rate faster than the GDP, reflecting the increasing disposable income and economic growth. India has the second highest number of internet users after China with 570 million internet subscribers growing at 13% annually. The report estimates that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. It is expected that this customer base will to grow to 5 million by 2021.

Traditional media companies spent 2018 building their customer data through second-screen interactive propositions, polls, house-to-house surveys, integration of third-party data, etc. Digital consumption will grow, and monetization avenues will see great innovation to cater to the new Indian customer segments. Telco bundling will drive consumption for a majority of Indian OTT audience. Advertising growth outpaced subscription growth and is expected to comprise 52% of the total pie by 2021.

Devdiscourse |

Guneet Mongia shares her journey at the FICCI Frames 2019

The Oscar win for Guneet Monga is nothing but a validation of her years of hard work gone into backing films she believed in by raising money through social media to selling her only house. Though she received the Academy Award for her documentary short "Period. End of the sentence", Guneet has also been associated with critically-acclaimed films like "The Lunchbox", "Masaan" and "Haraamkhor".

"For every film, we have raised money individually. Our process is almost like 'kar guzarne wala' (passionate). We raised money on Facebook and made 'Peddlers' and 'Haraamkhor' under Rs 1.5 crore because one could not get money by raising in the traditional manner here. "One raised money from France for 'The Lunchbox' and ended up raising some equity here. For 'Monsoon Shootout', I sold my house, the only house I had. It's a bit crazy story," Guneet said.

The producer was speaking at the ongoing FICCI Frames 2019 on 'Unapologetically Indian: The new breed of Swadeshi storyteller of the industry'. Guneet said each project comes with its own challenge and she has learnt a lot over the years.

"It's been more than 20 projects in all these years and all of them have been uniquely raised money for, through private investors, studios and crowdfunding. "You do whatever is needed to tell that story and you see how you can do in the least amount and still sustain. Sometimes, it has been very difficult to sustain but those have been my learnings and I have learnt my business through that."

Guneet was joined by directors Sharat Kataria, Rima Das, Sharad Kelkar, Ashwini Iyer Tiwari and Amritpal Singh Bindra.

Animation Express |

FICCI Frames 2019 opens, tracks the growth of Media and Entertainment scene

FICCI Frames 2019 has just begun and it is already a big success. The first day of the three-day event which will be held from 12 to 14 March, commenced today at Grand Hyatt, Mumbai and saw a series of enriching and insightful sessions spanning across several media and entertainment industry.

The 20th year of FICCI Frames began with dignitaries lighting the lamp followed by FICCI vice president Uday Shankar giving the opening address about the booming media and entertainment industry in India. He said, “The great media and entertainment (M&E) journey has just begun as the industry is ready to contribute more than any sector in the country.” His address was followed by the industry address by Motion Picture Association of America chairman and chief executive officer Charles Rivkin and National Geographic Partners chairman Gary Knell. Rivkin pointed out, “There is huge potential in Indian content market. Big names in the business – Sony, Viacom, Netflix, Disney, Fox and others are deeply interested in India.”

Knell too noted, “We’re seeing a dramatic shift in the content market and audience. More than 60 per cent of the Indian audience is under 35 years and prefer good quality content on streaming platforms.”

Film producer and UpGrad chairman and co-founder Ronnie Screwvala added on the similar points of the flourishing of the media and entertainment industry of which 10 per cent is contributed by the Bollywood industry. Ministry of Information and Broadcasting Amit Khare also gave his inputs on the M&E industry which is growing by “… 39 per cent and produces almost two million jobs, create revenues and reflects the vision of India to the world.”

After FICCI secretary general gave the concluding address, Netflix product VP Todd Yellin in conversation with CNN NEWS 18 editor Anuradha Sengupta, mentioned that the streaming giant is like “DNA, a double helix system for technology and entertainment.” He also mentioned that interactive storytelling works well with the audience around the world and they attempt to provide that. He said, “Competition is a great motivator for us, and a positive thing for the audience.”

The theme session ‘Indian M&E Industry – Global Goes Indian’ had Khare along with Economic Advisory Council to the Prime Minister of India chairman Dr Bibek Debroy talk about India as the growing media market in the world. They also discussed about the adding on of Indian content, helping India to capture attention globally.

Post lunch the audience was enthralled by a session by renowned author Devdutt Pattanaik who explained brilliantly how the Indian scriptures are relevant in the ever-changing world of M&E. He noted, “Telling a story in India is different than that of West, as there is no concept of justice in Hinduism but ‘Karam’ and ‘Fal’. It’s a cyclical thing. The Ramayana is not about war or revenge, but separation. Sita’s separation from Rama, Mandodari’s separation when Ravana dies. The problem is Indians don’t understand the brilliance of scriptures, to the mythology and history are the same many times.”

After Pattanaik’s session, Viacom18 media group chief executive officer and MD Sudhanshu Vats revealed a lot about the current scenario mainly, content shift from broadcast to smaller screens, technology – how it has bettered the way of storytelling and how a story can be told better through it catering to a particular audience, difference between curator, creator and consumer. ”

He explained, “The advantage of OTT is the ability to customise, experiment and explore.”

Another session alongside talked about the shift in the media and telecom industry. The panel addressed the biggest question on every media person, how the data will help shape M&E in the future?

Vixen Labs CEO James Poulter shared the changing ways of consumer engagement through voice. The session saw a discussion about the technologies like Amazon Alexa, Google Assistant and others playing a huge role in making the brand reach out to consumers.

The Powering M&E industry session saw a lot of inputs from Rajya Sabha member M V Gawda, Lok Sabha member Arvind Sawanth moderated by Neeraj Roy talking about how the Indian M&E industry has a significant footprint both in terms of economy and the effect on the populace.

Gawda said, “Indian media and entertainment industry accounts to almost 40 billion. There is a certain kind of magnetism that connects the sector with the citizens.”

The panel also emphasised on the importance of thinking on a global scale by being diverse, attractive and imaginative.

Next was the keynote by MX Player CEO Karan Bedi talking on ‘Local vs Global’ through a PPT presentation that showcased how ‘Made for India’ gave tough competition to ‘Made for the World’. He focused on how MX Player is gradually becoming a prominent name in the OTT business, in such a short span of time than its inception.

UFO Moviez joint managing director Kapil Agarwal also took the audience on the journey of his company, and how it has gained reputation by being the first one in the business to deliver movies in theatres through satellites and revolutionising how movies were distributed.

Ernst & Young advisory services partner Ashish Pherwani next presented the FICCI EY report and highlighted its few pointers. Online gaming has seen a rapid growth spurt of 52 per cent whereas Animation+VFX has gone up by 18 per cent. Digital Media too has seen a rise of 42 per cent with Digital ADs and subscriptions growing by 34 per cent.

The last session was a special one as it was a candid chat with Bollywood filmmaker Rohit Shetty who has produced five 100 crore hits and three 200 crores blockbusters. He informed that the 90s charm has worked well for him and his films as he could make/deliver them in his own style and way.

Shetty also focused on piracy and how we should end it with all the measures. “If we stop watching, piracy will end automatically. With content going online, chances are high of piracy but we must stop it.”

He concluded by mentioning that state-wise entertainment should be considered as the tax differs and so does the audience.

The evening ended on a musical note with popular singer Papon entertaining the audience with his magical songs.

The inaugural day of FICCI thus ended on a successful note raising expectations for the rest two days.

Moneycontrol |

OTT platforms may see consolidation over next five years

The rapidly increasing over the top (OTT) space is likely to see consolidation over the next five years, according to industry experts.

In the OTT/ digital space the number of players will shrink and I predict the maximum number of players that will remain in this space will not be more than 10 in the next three to five years.

Advertising money is going to get even more fragmented and with increasing players its going to get worse, media veteran Raj Nayak said at the FICCI Frames event.

I think thats when real realisation of value will happen both in terms of subscription and advertising, he said.

Nayak, who recently quit as Viacom 18 chief operating officer noted that digital players have devalued their product.

A recent report by global management consulting firm Boston Consulting Group expects the OTT market to be $5 billion by 2023.

The report had noted that the number of players in the Indian OTT market had grown from 9 in 2012 to 32 players in 2018.

It had also noted that all platforms struggle with retention of consumers, and on an average 50 percent of OTT apps installed are uninstalled in the first seven days of installation.

Media firm Zee Entertainment Enterprises video on demand service Zee5s chief executive officer Tarun Katial felt the broadcasters perhaps missed a chance by creating a catch-up TV environment on digital platform than on-demand original content.

Broadcasters have done a good job with OTT, very differently from anywhere else in the world, but we unfortunately created a catch-up TV VoD platform and this is where we have come in late than the Amazons and Netflix of the world, he said.

He further pointed out that this is the only place where the industry was a little slow although it was strategic in nature and havent gone as fast as the Netflix of the world. On whether OTT and television will continue to coexist, Star India president and head Hindi GEC Gaurav Banerjee said that streaming will not kill television.

He added that there is an opportunity of a billion screens if the number of phones and televisions are added.

Nayak too echoed similar sentiment and said television is here to stay.

I believe they will both coexist. In the next 10 years, television is here to stay and digital steaming will grow at a very fast pace, he said.

afaqs |

Here is what Uday Shankar said in his opening remarks at FICCI Frames 2019

Welcome to FICCI Frames 2019. It is a proud and an emotional moment because this is the 20th anniversary of Frames. Two decades ago when some visionaries decided to create this platform for the media & entertainment community, neither the Indian media nor Frames was what it is today. These 20 years have been a spectacular roller coaster ride for both. From being a very small and somewhat fragile media & entertainment industry 20 years ago, today it is a source of global ambition and envy and so is FICCI Frames. Frames was envisioned to be a platform where the media & entertainment community could get together to discuss its issues. Given the scale at which it is today, it would do its visionary founders very proud. Over time, Frames has become the most meaningful platform for media & entertainment community in this part of the world. Attempts to clone it can at best be described as unrealized ambitions. My heartiest congratulations to FICCI and team Frames, led by Leena Jaisani, who have been relentless in their passion and their commitment. This would not have been possible without all of you. On behalf of the entire media & entertainment community, I salute you all.

The transformation in the media & entertainment industry in India in the last 20 years has been mind boggling to say the least. It is one of the major media markets in the world now. It is also one of the most exciting media markets anywhere in the world with every major global company trying to give shape to its ambition in India, and with the Indian companies challenging them very vigorously.

So what does the journey ahead look like? We will hear the views of accomplished experts and practitioners over the next three days. But in my humble opinion, the great Indian media & entertainment story has just begun. We are standing at an inflexion point. We can either sit on our laurels or we can use the winds of change to fill our sails and embark on an even more exciting and glorious journey. We need to recognize the power of this creative sector in helping realize the national aspirations. Indian media & entertainment industry is ready to contribute more actively and more substantially than probably any other sector to the national dream of creating jobs, assets and wealth. What's more is that we are also in a position to be the flag bearers of a brand new India all over the world. We are already seeing the innovations that are taking place in this country in the domain of Sports, or in Digital, where Indian creativity is being talked about globally and attracting the interest of one and all. However, we need to make sure that our policies are aligned to accelerate creativity and growth. Wherever we find drags, we should be able to step in and align them while making sure that the larger social interest is always at the front and center. At the same time, we also need to make sure that in the name of social or national interest we do not waste the potential of this industry. That would not just be a disappointment but also very unfair to the world of good that this industry can do to the crores of people of this country who can benefit directly from it.

I shall stop dwelling further on this subject because that is what you are going to hear from a series of illustrious speakers over the next three days. Before finishing, I would just like to highlight that this has been a very successful year for the FICCI media & entertainment committee. The committee has been instrumental in bringing about some key reforms for the industry, including a downward revision in the GST slab for entertainment services and the tabling of the anti cam-cording provisions under the Cinematograph Act. It marks a very satisfying year for me as the Chairman of the committee and I would like to congratulate all those who have been involved.

Television Post |

5G will be next big growth driver for digital economy

The second day of the FICCI Frames 2019 had a panel discussion on ‘Digital Economy 2.0: Powering innovation and consumer choice’ which discussed the need of the policy to be re-imagined across segments – from communication to content with the growth of digital platforms in India.

The session witnessed a keynote address by Aditya Birla Management Corporation Vice Chairman Grasim Industries & Director Telecom Himanshu Kapania and NITI Aayog Additional Secretary, Knowledge Innovation Hub Yaduvendra Mathur.

It was followed by a panel discussion moderated by PwC India- Entertainment, Media & Sports Advisory Leader Partner Raman Kalra and panelists were Star India President & General Counsel Deepak Jacob; Eros International Media Group General Counsel Aamod Gupte; Arre Founder & CEO Ajay Chacko; Netflix Director, Strategy & Development Director Sohni Kaur; and Broadband India Forum Senior Director Technology and Policy Debashish Bhattacharya.

Himanshu Kapania said, “As connectivity increases exponentially digital industry is going to be integral part of people’s lives. India’s role in the emerging global order cannot be emphasised enough. The tremendous economic energy India is generating has pushed us to be the fastest growing economies. This year, we are all geared to become the fifth largest economy and we will be 5 trillion economy by 2025.”

He also said, “And I’m thankful to the television industry as well as the movie industry who have developed what we call the digital platform as a concept and that content is driving penetration and gives us the confidence we will be able to meet Prime Minister’s goal that have been put up of a billion Indians successes internet largest in the world beating China by 2023.”

While delivering the keynote address at FICCI Frames 2019, Yaduvendra Mathur informed that the digital economy is expected to reach $1 trillion by 2025 and as per the National Digital Communication Policy, the Internet of Things ecosystem is targeted to expand to 5 billion connected devices by 2022.”

Setting the context to begin the discussion, Raman Kalra said, “In the true 5G environment, digital economy 2.0, the lines will blur out between the industries and between the traditional way of looking at things which means there would be even a higher need of responsible behavior or being responsive.”

The discussion focused on what the digital economy will fuel up in terms of creativity, innovation, revenue models, in content creation, content assimilation, and consumer choice and behavior.

Debashish Bhattacharya said, “We are in 2019 and in the 4G era, where the average speed that one gets based on the latest services in the range of 20 to 25 Mbps. When 5G kicks in we would get speeds of 1 Gbps and above per consumer. To give an example what 5G can do for you, for an average consumer, we will be able to download a full-fledged Bollywood movie in four seconds flat on a 4k platform. ”

He also said, “To be able to have 5G, we would need to have fiber connectivity to all the existing towers as well as to the new cells that are going to be created because of 5G kicking in. The current broadband networks today are likely to get choke once the Video Traffic grows to a certain level and the capacity of the each video grows. So there is a solution which is in the 5g technology architecture where in the video traffic can be diverted to be broadcast network, which will run parallel with the broadband network.”

Sharing his view on how is content creating shaping up, Ajay Chacko said, “People have gone back to watching shows and movies on their devices, which means that the market is actually going towards premiumisation of content. It means that people are actually watching longer form content, episode after episode.”

He also said, “Last year, there were only 250 hours of original content created and today it has already gone to 1200 plus. And I think in the next couple of years, I don’t see it going to the 65,000 hours of television probably generated because it was more factory line. But I see close to eight to ten thousand hours of content coming up.”

Sohni Kaur said, “Discussion around technology and content is an amazing one. But is very important to remember that content still remains the centre of that, right. So, the consumer wants to consume the content and the consumer doesn’t care whether it’s on Netflix, Hotstar or Arre, they want to watch the content that they want to watch. So in terms of having a more engaged interactive experience, I think, with content certainly technology has enabled that right.”

Explaining his view on self-regulation, Deepak Jacob said, “Today there are 30 online video destinations, and we’ve got platforms likes of Netflix, Amazon and it’s just been an exponential explosion of choice for consumers. When we look at that in the regulatory policy context, the great part is that there is no policy and there is no regulation. And so, therefore, that is what drove innovation.”

He further opined, “Whether it is content based regulation, or Economic Regulation, it must be looked very specifically with the lens to say that I need to understand the impact and the unintended consequence of that regulation. Unless you are able to get your hands around the unintended consequences do not regulate.”

Agreeing with Jacob’s view on self-regulation, Aamod Gupte said, “There are multiple ways to control it through technology. So there is absolutely no need to have one piece of regulation for all types of content.”

Television Post |

Experts share their views on data collection at FICCI Frames

FICCI Frames 2019’s session on ‘Dataworld : Understanding the Consumer and Transcending Boundaries’ delved into various ways and means of protecting privacy that will help next-generation data delivery shape media & entertainment in the future.

The panel discussion included Comscore VP – Sales & Partners Kedar Gavane; Triton Digital Vice President Market Development EMEA – APAC Daniel Karlsson; Network18 Chief Technology Officer Rajat Nigam; Zapr Media Labs co-founder Sandipan Mondal; MX Player Chief Product Officer Vivek Jain; and Hotstar chief product officer Varun Narang. The session was moderated by TAM Media Research CEO L V Krishnan.

The discussion was around personal data collection and its usage by the technology providers while one visits internet sites. The panelists explained that they are extremely careful with the data they get from their customers and the data that they collect is only to understand the consumption trends.

Briefing the audience on their role, Daniel Karlsson said, “So we measure the actual audio consumption that takes place either on a live streaming basis or on a on demand or download the podcast basis and we do not do market research. We’re basically limiting ourselves to things like how many listens to place, how many total hours of this because the average time spent listening on a session and it will be in one market and on the stage where we have data which is related to the socio demographics such as age and gender, but never get down to the level of individual.”

“In terms of data collection we have always been careful to collect information at the same time anonymise it in such a way that you cannot collect any PI. Even the tags we collect from video streams, OTT platforms, we ensure there is a consent,” said Kedar Gawane.

Daniel Karlsson said, “Privacy is a concern for consumers everywhere. I am based in Spain. There are very strong set of rules of what one can or cannot do. How data should be handled by the technology providers and publishers. You accept to being having facial recognition when you step in to a store. I think the fundamental issue here is the consent, yes or no. The moment you step into the store, you kind of accept all these things. Similar thing happens with a smart speaker. You can actually click on a consent function acceptance.”

“I think it depends on the use case. For live TV, for news, for sports, it doesn’t make logical sense to allow the user to skip until the live content feed starts again but for video on demand, we certainly believe that skipable ads is the right approach so that the users can decide if this ad is relevant for them or not,” added Vivek Jain.

“If you can explain what you intend to do with that permission to the user. You give them the choice to opt in or opt out… usually the users are a lot more comfortable if they understand what the data that they are sharing is going to be used for. We should be very transparent,” concluded Sandipan Mondal.

Television Post |

Traditional TV will need to reinvent itself to compete with OTT

The over the top (OTT) platforms have posed a serious threat to traditional content distribution platforms in matured markets like the US. However, the general consensus among experts about the Indian market is that pay-TV and OTT will grow together as the market is huge and there are different segments to cater to. That said, the traditional will need to reinvent itself in order to compete with OTT.

The OTT vs TV was also a key point of discussion on the second day of FICCI Frames 2019. The topic of the panel discussion was ‘Dual Screen Addiction –Disruptive or Addictive! Will Broadcast and VoD Co-exist?’ Dissecting the issue threadbare were veterans from the media industry.

Star India president, head Hindi GEC Gaurav Banerjee said that he is in the business of curating stories and finding the best storytellers to make big, impactful stories. He feels that consumers and families should decide what stories they want to watch. There are also stories that one can watch alone. Also, some stories can run for hours but others just need 20 minutes. It is about consumers figuring what they want to watch and how. That is the world that companies like Star India is trying to create now, he stated.

He also noted that the advent of the VCR did not kill theatres. The Walkman did not kill radio. Streaming services will not kill TV. In Hindi Speaking Markets (HSM), TV penetration has still some room for growth as a large part of the country is still TV dark. They need stories and want entertainment and use it to make their lives better. It should not happen without a multi-generational conversation which is what TV can deliver.

For Banerjee’s company, the aim is to figure out what works best for the consumer whether it is TV or OTT. So the company created awareness that one does not need to wake up early to see a cricket series as one can watch it on Hotstar. Star’s focus area is to ensure consumers get to consume content at their convenience.

ZEE5 India CEO Tarun Katial said that monetisation is the key whether it’s TV or OTT. He does not think that digital streaming will end where it started from and we are just at the beginning. Segmentation and personalisation are what differentiates OTT from traditional broadcast. Users can discover content at your convenience and this will not go anywhere.

He said that there is TV the device, the platform, and content seen on TV like daily soaps. On OTT, TV type content gets consumed very heavily. If people watch a show on the large screen they will continue to do so as the large screen experience cannot be replicated on the mobile ever. Xiaomi, he said, has priced its 32 inch Smart TV lower than a premium phone. For him, the debate is not about content. It should be about linear versus video on demand (VoD).

Raj Nayak made the point that TV networks have to course correct to compete with digital content. Audiences are getting fragmented and audiences compare TV content with digital content. The tastes vis-à-vis the content are evolving. He noted that broadcasters have a play in OTT as well.

“I am a big believer that television is here to stay. For families in small towns in the evening, the television comes on. It is a habit-forming thing. Simultaneously, digital streaming is happening but a lot of people still watch this on the big screen. Devices are a play from where I watch. Linear content could be watched on a hand-held phone or vice versa.”

Hooq India MD Zulfiqar Khan noted that streaming services are disruption at its best. The TV has been a consumer-facing brand but not a consumer-facing business as there are intermediaries through which the delivered. Streaming services have a direct connection with consumers and there is direct knowledge of consumer habits through things like click through. It has challenged aspects of the linear business including the business model. Therefore, people have their foot on both sides like Star, Zee, and Sony.

At the session, it was noted that Indians still watch TV drama content on OTT but a small percent of OTT content is slightly racy thanks to personalisation. India wants to get a bit liberated and TV targeted the lowest common denominator.

Katial noted that sports and news which are live give TV an advantage. He said that Zee’s news channels do not get consumed on VoD but get consumed live.

Banerjee pointed out that the IPL 2018 aggregated audiences on OTT as well as TV. He also said that the belief that it is the shorter formats that work the best for digital has been proven wrong. He gave the example of a 10-year-old show that got a lot of viewership on Hotstar. He said that data generated by Star is throwing surprising results as opposed to the commonplace assumptions.

Network 18 COO, A+E Networks TV18 COO Avinash Kaul said that OTT’s advantage is in technology and the one on one relationship with the consumer. Advertising can evolve as will subscription. It is possible that content that works well on OTT will travel to TV and vice versa. He noted that OTT has benefitted content producers from a pricing perspective.

On the news front, he said that India has several districts and OTT can give news the chance to go hyperlocal. Each district could have three news channels competing with each other three years from now. In digital, one is no longer dependent on the cable operator to reach homes. So the cost of delivery comes down he noted. From a device, one can become an anchor. But the challenge is more from a regulation point of view. How does the regulation control news at a district level with the centralised ecosystem that is there at the moment?

Netflix director partnerships Abhishek Nag said that now is a great time to build a subscription service in the country. He said that the service wants content creators to tell stories that are true to who and where they are. ‘Sacred Games’ worked as Mumbai was really well represented.

Vuclip country head Vishal Maheshwari said that television, as we know it, will go away. Television, he noted, is just a device or a platform to consume content. The way people consume content is changing and content consumption is going non-linear.

He further stated that television will also get challenged by things like interactivity and significantly more immersive experiences. The fundamental nature of television is going to change. He also said that advertisers advertise on content not on television and a tectonic change will happen.

At the same time, India is the only country where broadcasters are so well organised on their OTT businesses, Maheshwari stated.

Kaul countered that saying that credit must be given to broadcasters who have built a robust ad revenue model and subscription business worth tens of thousands of crores. But broadcasters can be accused of going slow on technology on how to upgrade themselves and customisation monetisation models, content delivery models. Return Path data can give better insights. OTT in this regard can serve as learning for broadcasters.

Nayak noted that there is no such thing as TV content and digital content. “Colors did ‘24’ a few years back can anyone say whether it is TV or digital? If tomorrow ‘Sacred Games’ plays on Colors Infinity it becomes TV content. Television he said is a box.” He agreed with Katial about the debate being about linear versus non-linear.

Katial noted that broadcasters created OTT as a catch-up TV. Now broadcasters with a great base can create premium content for OTT. But they were a little slow to create premium content for OTT. They did not go as fast in this area as Netflix did. Questions arose about whether India could create premium digital content. This is the only area where broadcasters can be accused of being a little slow.

On the monetisation front when it comes to advertising, Nayak said that digital players have devalued their product and programmatic advertising will only worsen things. It is a challenge and ad money will get even more fragmented and with players increasing things will get worse. He predicts that in OTT the number of players will shrink by 2022 as there will be no more than 10 players left. That is when the real value will be unlocked whether it is subscription and advertising.

Katial said that the aim when ZEE5 started was to get enough volume, velocity behind it and then monetise through advertising. India has different regions and so ZEE5 used the three Vs- voice, vernacular and video. This worked well as Zee had length and breadth of content to connect from Orissa to Kerala.

Banerjee noted that TV has a strong monetisation engine through a measurement system as you can transparently measure content. Advertisers know how much was watched and is watch time growing or coming down. This makes things easy to assess. But in digital as it has grown one has not thought about putting in measurement systems that are extremely robust.

Katial countered by saying that there are very robust attribution models though there is no one currency measurement system. Digital and Google, Facebook wouldn’t be growing as fast as they are if there wasn’t a good measurement. He gave the example of HUL saying that it does not put so much money behind unmeasured advertising.

Television Post |

Gen Z offers opportunities for more content diversity, increased localisation

Gen Z, which represents the largest sub-segment of the youth, offers opportunities for more content diversity. At the same time, it is important for content creators to be real when targetting Gen Z as they can spot a fake from miles away. When creating content for Gen Z treat them as equals. They have been born into digital and so it is important for content creators to be present on many platforms.

These points were made at a session at FICCI Frames 2019 titled ‘Reaching Gen Z: How to Captivate Millennials’. The panellists Wattpad country head Devashish Sharma, The Viral Fever Global Head–Content & Business Rahul Sarangi, Graphic India CEO Sharad Devarajan, Vice Media India CEO Chanpreet Arora, Viacom18 Head – Youth, Music & English Entertainment Ferzad Palia, and Discovery Kids business head Uttam Pal Singh.

Viacom18 Head – Youth, Music & English Entertainment Ferzad Palia made the point about the importance of being real when addressing Gen Z. MTV’s focus this year will be on growing the amount of content made. Right now it is about 350 hours a year and the plan is to scale this up. MTV is also looking at entering new markets and entering more specialised segments.

“At MTV, we stopped being a TV channel and became content creators about 7-10 years ago. We have since then pivoted to being content creators with our content being consumed across platforms,” he explained.

He also noted that content consumption by Gen Z is happening across the board. He pointed out that MTV’s ratings have doubled in 18 months while its consumption on Voot has also seen dramatic growth to 8.5 billion minutes over the past 12 months. He noted that the previous generations of Gen X and millennials did not have the option of carrying content around.

“It is not either/or. It is and. There will be certain sets who may be extremely heavy digital consumers but there is an equally large segment which will be heavy consumers of television as well. What is important to also note from our latest Youth Survey of 25,000 people of Gen Z concluded in September 2018 is that this generation is no bullshit. They will smell any foul play from a mile away. They will see through you if you try and be fake. They will love you if you are real. When dealing with this generation please be real.”

On the music front, he expects consumption of independent local music to explode. The number of music content creators has increased. He noted that this boom will be helped by the fact that Gen Z does not care about who the content creator is. The only thing that matters is that they like the music. Music beyond Bollywood will grow.

Vice Media CEO India Chanpreet Arora noted that when creating content for Gen Z it is important not to talk down to them. It is important to have a conversation with them as equals given that there is a very high chance that they know more about the subject than whoever is creating the content whether the Gen Z viewer is a six-year-old, a 16-year-old or a 25-year-old. She noted that Gen Z is the most hopeful of all generations including baby boomers. Unlike millennials, Gen Z is not an entitled workforce.

They are not getting it easy. They are change makers which is what makes them very different from millennials. They are a more inclusive generation and accept being more than just heterosexual for example. They relate to several identities and accept the LGBT community. They have born in a multi-faceted, multi-touchpoint environment. Going forward one of Vice Media’s focus areas in the country will lie in creating more content for the LGBT community. It will also continue to focus on different subjects like climate, identity. Another focus will be on growing the number of platforms where its content is available. The aim is to have Vice video everywhere.

She said that Gen Z and Gen Y are united and are driven by passion points like travel, adventure sports. Vice Media makes it a point to talk to communities and does not split up groups. So Vice has 16 different focus areas of content dealing with 16 different communities. She said that the mobile revolution is one of the best things to have happened. There is no need to have a market share to be successful. You just need to identify a community and engage with them.

Discovery Kids business head said that the broadcaster went through a process of finding its own identity. The channel had to reinvent itself as the content was not connecting with the audience. Discovery Kids’ audience is in the 5-12 age-group and they grapple with questions of self-identity and where do they belong.

This resulted in the show ‘Little Singham’ and he said that this has grown in popularity. He takes on big adventures and big adversaries. In a hyper-competitive market, Discovery Kids, which was number 9, went up by several notches and disrupted the kids’ genre. He also spoke about another show ‘Bandbudh Aur Budbak’ which is heroes very desi and local a slice of life comedy set in school. It airs close to the prime-time as co-viewing happens. Relatable content for him is of paramount importance. The aim is to have one big, impactful show which runs for a long time and not 10 shows.

Wattpad country head Devashish Sharma said that over 70 million users around the world use Wattpad to discover stories from sci-fi to mystery to romance. He said that it is the largest story network in the world and over 500 million stories are written by young authors across 50+ languages. He also said that 90% of the user base is Gen Z and millennial. In India, there are three million monthly users and 10 languages are represented. Interactivity is important and people can highlight and start a conversation.

Insights are gleaned this way and Wattpad uses insights gained to turn the stories through partnerships with studios into web series, movies, books. As many as 1000 Wattpad stories have been turned into movies and TV shows. The aim going forward is to turn a lot more Wattpad stories will turn into movies and web series. The most popular one is ‘Kissing Booth’ which was done by Netflix.

For him, data becoming cheaper is a big driver for Wattpad. The rise of OTT has led to demand for stories that people can relate to and Wattpad is benefiting from this as it has ready made stories that have an in-built readership of young audiences. Wattpad is self publishing but it is moderated. It has just announced a partnership with Times Bridge.

‘The Viral Fever’, meanwhile, will have 35 new web series coming up this year. It will have 6-8 non-fiction pieces of content like factual entertainment and reality. It is looking at its first film production this year. It is also looking at local language content that is native to that region.

The Viral Fever Global head content, business Rahul Sarangi said that the company is experimental. He said that his company understands the pulse of the online user so to speak. In 2016, it had 250 million views annually and this has grown 10 fold in two years.

Television Post |

How BBC News is combating fake news problem

Fake news is an epidemic that has implications not just for the media industry but is also a threat to society at large. News organisations including public broadcasters have a duty to combat the menace of fake news.

This is the sum and substance of the panel discussion ‘How public broadcasters are combating fake news’ on the second day of FICCI Frames 2019. The panelists were Prasar Bharati CEO Shashi Shekhar Vempati and BBC Global News CEO Jim Egan.

Egan said that BBC is joining the fight against fake news and it’s crucial for news organisations to not only highlight this threat but also to do something concrete about it. He also provided a report to show how fake news is affecting Indian society. During the election season, BBC will be providing daily feeds in India on Reality Check of fake news, he added.

“I want to tell you, how BBC is joining the fight against fake news. I think it’s crucial for news organisations to not only highlight this threat but also to do something concrete about it,” Egan said during the panel discussion.

“With the spread of this information having consequences beyond the media industry for democracy and even as we’ve seen in a number of countries, including the UK and India, leading to loss of lives has never been a greater indeed for high quality trusted news to help citizens understanding of complex national and international stories.”

Egan also provided solutions on combating fake news. Apart from the daily BBC Reality Check service, he also highlighted how BBC is taking the fight to fake news by investing in open source investigative techniques to tell stories with the burden of proof like never before.

“We have the good fortune of being a global entity. Whatever the BBC does can only play a part. It is the combined impact of everyone in this room, which in the end will make a difference,” he stated.

Fake news, Egan said, must be seen as not just as an issue for audiences, it’s important for all news publishers with a commitment to accuracy and reliability. “News organisations whose credibility rests on audiences being able to believe what they see hear and read to respond decisively to the fake news crisis and to be seen to do so.”

A study carried out by the BBC in India two years ago highlighted that 83% of India news consumers told us they’re concerned about fake news and nearly three quarters said they find it hard to distinguish real fake news. “In addition, more than 70% of consumers say advertising and untrusted media outlet are the problem,” Egan noted.

One way of combating fake news is to improve media literacy. “If news consumers can be better educated on how to spot the signs of fakery, and how to cross reference news stories and read the news items they get forwarded ona platform such as WhatsApp with savvy critical eyes, I believe we could significantly limit the damage and the reach of dangerous fake stories.”

BBC is also developing a number of tools to combat fake news by helping the public understand why the context behind news stories. “This is one of the most exciting and innovative areas of the work is also a practical response to the fake news crisis by showcasing journalism which basically unequivocally works in pursuit of truth.”

In November last year, the BBC launched the beyond fake news project, which included the roll-out of real news workshops to school pupils and college students in various locations across India is a free film showing those projects.

“It’s not always possible to see where the next fake news can come from but sometimes you can by looking ahead it’s around hotly contested and divisive moments such as elections. The audience is tell us they might have an independent analysis to help them separate fact from fiction,” he stated.

BBC, he said, has made unprecedented investments in India over the past two years. He also stated that BBC today is better placed than ever to report on Indian stories and engage with Indian audiences. “We don’t want to be remembered just as a colonial new service broadcasting on shortwave radio many decades ago. Our aim is to be a modern relevant part of the present day in the landscape.”

He also pointed out that BBC’s Delhi bureau is now the second biggest anywhere outside the UK. It is also a TV and digital content production hub for the whole of South Asia in nine languages.

“For journalists working right across India, the BBC is a better place than ever to bring global stories in different languages and formats to audiences around India and just as importantly relates richness of India. Our editorial independence remains as important as it has ever been. Audience around trust us because we are independent of any government or commercial influence, impartial and committed to accuracy,” he said.

CEO Vempati spoke on the ways to combat fake news in today’s social media age. He also said that Prasar Bharati has an important role to play during the election environment. Earlier, he said, that DD India is now becoming the English language news channel under Prasar Bharati. This will play an important role in the global outreach. On Prime Minister Modi’s recent blog on voter awareness, he said this will create awareness and also call out all the first time voters to cast their votes.

Business Standard |

Haven't pitched script to Shah Rukh Khan: Amit Sharma

Filmmaker Amit Sharma says it will be an honour to work with Shah Rukh Khan but contrary to rumours, he hasn't pitched a script to the superstar.

Post "Zero", there were reports that Shah Rukh was reading several scripts, one of which was that of Amit's, who is fresh of the success of his mega hit "Badhaai Ho".

When asked if he had pitched a film to Shah Rukh, Amit said, "I have not pitched any script to him as of now. But I would love to work with him, and I want to say this on record. He is a legend."

The director was speaking at FICCI Frames 2019, here. He was part of the panel discussion 'Badhaai Ho industry! : The 'not so big'0 film can also be the Big Film'.

Amit is currently gearing up to start his next, a biopic on legendary football coach Syed Abdul Rahim featuring Ajay Devgn.

The film goes on floors by June end.

"Success has happened and now I'm concentrating more on the script. Not thinking about how it's going to be to work Ajay. I've had two three meetings with him and I've loved him. He is a good listener and is open to ideas," he added.

ET Brand Equity |

FICCI Frames 2019: Next decade of growth for Indian M&E

At the 20th edition of FICCI FRAMES, Amit Khare, secretary, ministry of information & broadcasting, Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister of India in conversation with Uday Shankar, vice president, FICCI deliberated on kick-starting the next decade of growth for Indian M&E.

Khare suggested that there is a huge market for Indian general entertainment which needs to be exploited in a far better manner. “We have been content with our domestic market but there is a huge international market which can be tapped into,” he observed. Khare and Shankar also discussed how the dearth of theatres pose a big challenge to good movie content.

“The number of new screens are up because single-screen theatres have been converted to multiplexes. It’s becoming challenging for films to get the desired exhibition because we don’t have enough screens,” Shankar remarked. Khare also added that to promote ease of filming in India, MIB is set to give single window clearance for online film facilitation from April 1.

Shankar said that while localisation has happened in developed markets, the carrying capacity and infrastructure is a challenge that the industry has to grapple with. Khare pointed out that policies and regulations in India have not developed content-wise but medium-wise. “In 2019, when there is a convergence of platforms, the issue has become even more complicated and is an area we must re-align and have some policies around.”

Meanwhile, Debroy said, “One thing that has happened with technology is that it is impossible to enforce regulations.”

Shankar asserted that while the entertainment industry was a highly regulated one, there was an unevenness of regulation. He emphasized on the certainty of the regulation. “What is expected of you and what you are required to deliver should be established well beforehand,” he said.

Debroy said that what worries him was not the context but the content of regulation. “Because whenever you think of any content of regulation, that content pre-supposes the certain kind of technology,” he explained.

Business Standard |

National broadcast policy on the cards, says MIB secretary Amit Khare

A National Broadcast Policy is being drafted in collaboration with stakeholders to address the issues plaguing the sector, said Amit Khare, secretary, Ministry of Information and Broadcasting, at the inaugural session of Frames 2019, the annual media and entertainment conference of the Federation of Indian Chambers of Commerce and Industry (FICCI).

The three-day event began on Tuesday. Regulation and collaboration were buzzwords at the conference.

Khare said the need of the hour was less government regulation and more self-regulation.

“There is no reason to believe that a wise person sitting in Delhi would be more knowledgeable or more prudent compared to the industry people who are dealing with the subject on a day-to-day basis, the MIB secretary added.

He also said: "Historically, our policies and regulations have not developed content-wise and developed platform-wise. There are separate regulations for the print, a different set of regulations for the broadcast, and a third set for films. For newspapers it is the Press Council, and if it is online, the PCI cannot intervene on that."

Former UTV boss and media veteran Ronnie Screwvala said the evolution of the media and entertainment industry was evident in the fact that business people were at the centre stage of the convention.

“The companies of tomorrow need to be more consumer companies and not just media companies. The media and entertainment sector cannot just function with passion, we also need leaders, founders, and entrepreneurship,” said Screwvala, emphasising that media and entertainment industry needs to focus on consumers.

The conclave also saw members of the news media discuss the perils of fake news in today’s digital world.

“People latch on to developing events and use that for some kind of objective, mostly political but social and communal as well. This is a game that is playing out very vividly,” said Govindrag Ethiraj, founder, BOOM Factcheck and IndiaSpend.

Todd Yellin, vice-president, product, Netflix, explained the over-the-top (OTT) service strategy for taking Indian content global. He said the service will be doubling its production efforts in the country.

“Expect that (India production) to double next year, and then double again,” he said.

He also explained that Indian original series Sacred Games, directed by Vikramaditya Motwane and Anurag Kashyap, starring Nawazuddin Siddiqui, Saif Ali Khan and Radhika Apte, was a global hit for the service, with two out of three viewers of the show living outside India.

He added that the number of languages in which Netflix content will be available in is increasing from 25 to 30.

Financial Express |

Role of govt is that of facilitator, not regulator: I&B secy at FICCI Frames

The government has been liberal with broadcast media and the media is “less regulated”, Amit Khare, secretary, ministry of information and broadcasting, said on Tuesday. “Self-regulation and less regulation compliment each other. If you want an industry to grow, you would like to have fewer regulations that are clearly spelt out,” Khare observed at the inauguration of the FICCI Frames event. “The role of the government is that of a facilitator and not a regulator,” he added.

With net box office collections of Rs 3,520 crore , 2018 recorded the highest collections for Hindi theatricals at the box office, even as the number of releases fell to 1,776 compared to 1,807 in 2017.

Khare pointed out the goods and services tax had been reduced from 28% to 18% for a ticket costing more than `100 and for a ticket priced less than `100, the tax had been reduced from 18% to 12%. Apart from that, the Cinematograph (Amendment) Bill, 2019 was introduced in the Rajya Sabha on February 12 to prohibit a person recording the film without permission from the producer. The single-window clearance is now available to Indian filmmakers to shoot films in India.

Currently, Indian filmmakers require as many as 50-60 permissions from the local municipal bodies, the police department, state pollution control boards and labour department, among others, before the commencement of a shoot, as observed in the FICCI and EY Knowledge paper.

The media and entertainment (M&E) industry has reach the halfway mark and has a long way to go, Ronnie Screwvala, founder, RSVP Production, said. Screwvala said over the last 20 years, the industry has been excited about growth and where India stands. “From time immemorial, we always get excited about the reward and we cheer how we have been a $100-billion industry, and every year I would say more or less, we have just reached 50% of the target,” Screwvala said. Talking about consolidations in the media industry, he said “According to me, consolidation means in some form you have run out of innovation or creative ideas. When they come together, more or less, in two out of 100 cases it’s downhill from there. This happens because they look into the balance sheets instead of the profit and loss account of the business.”

He further pointed out that broadcast, news channels, cinema and theatre are some of the few segments in the M&E industry which have opportunities but are difficult to scale up. Platforms where content for kids in the age group 14-24 years is created, edutech business where the focus in on the process of learning, gaming and animation are the few sectors that hold huge opportunities. Screwvala felt that while there were some anomalies where entry is restricted like in the cable or DTH market, one did not have to be a resident of India, like one does in the US, to run a broadcast network.

The ministry is also focusing on a few challenges like the screen density in India, Khare added. He was addressing the points raised by Charles H. Rivkin, chairman & CEO, Motion Picture Association of America, during the event. Rivkin acknowledged that India is the largest producer of movies but has the least number of screens to enjoy them. “Dangal is the highest grossing film in India. India’s population is only second to China. Yet this movie made more in the Chinese box office than it did in its own country. It earned 5 times more in China. The numbers tell a story because China has more than 50, 000 screens, whereas India currently has around 9,500 screens,” he said.

FICCI and EY Knowledge reported the total number of screens increased to 9,601 screens, of which the count of single screens is reducing. Single screens reduced from 6,780 in 2017 to 6,651 screens in 2018.

Financial Express |

Media, Entertainment to be Rs 2.35 lakh crore business by 2021; TV to be largest

The media and entertainment (M&E) industry is expected to cross the Rs 2.35-lakh-crore mark (around $33.6 billion) by 2021, clipping at 11.6% annually, says a report. According to a FICCI-EY report, the industry stood at Rs 1.67 lakh crore ($23.9 billion) in 2018, growing 13.4% over 2017.

“While TV will remain the largest segment, growth is expected to come from digital that will overtake film entertainment in 2019 and the print by 2021,” says the report released at the annual industry summit FICCI Frames on Tuesday.

Of the 570 million Internet users, around 2.5 million use only digital media and eschew the traditional media, according to the report which forecasts that this digital-only customer base is slated to double to 5 million by 2021.

“Digital consumption will grow, and monetisation avenues will see innovation to meet customer demands and one big growth driver will be OTT players on the back of telcos bundling their offerings with data.

Already advertising growth has outpaced subscription growth and is expected to comprise 52% of the total pie by 2021,” says the report.

TV industry grew from Rs 66,000 crore to Rs 74,000 crore in 2018, a growth of 12%, of which advertising grew 14% to Rs 30,500 crore and subscription grew 11% to Rs 43,500 crore. Television viewing households rose to 197 million, a 7.5% rise over 2016.

Television can reach Rs 95,500 crore by 2021, with advertising growing at 10% and subscription at 8%, it said.

The print, though the second largest medium, growing a tepid 0.7%, has reached Rs 30,550 crore in 2018, of this ad revenue was Rs 21,700 crore and subscription revenue was Rs 8,830 crore, up a marginal 1.2%.

Significantly, newspaper advertising degrew 1%, and magazine advertising fell 10% in the year.

“The fall in advertising is due to both lower volumes as well as pressure on effective rates.Hindi dailies continued to lead with 37% of total ad volume, followed by English at 25%. Rising newsprint prices and the rupee fall put pressure on their margins,” it said.

Regional advertising outpaced national growth on the back of national brands spending more to develop non-metro markets where GST created a level playing field for both.

The report notes that broadcasters have started selling ads combined across OTT and linear platforms to enable better monetisation of marquee properties and increased utilisation of digital inventory.

The impact of the Trai tariff order can have implications on total viewership, free television uptake, channel rates and ad revenue. However, 2019 promises further growth due to the elections and the cricket world cup.

The year also saw a 26% growth in digital news consumers over 2017 when 222 million people consumed news online. Page views grew 59% over 2017 and the average time spent almost doubled to 8 minutes a day.

On the contrary, digital media clipped past 42% to reach Rs 16,900 crore in 2018. Of this, ad revenue stood at Rs. 15,400 crore, grew 34% and subscription stood at Rs. 1,400 crore, registering a growth of 262%. This makes the digital ad pie around 21% of the total ad market.

Video subscription revenue almost grew three times to reach Rs 1.340 crore, thanks to rising smartphones penetration on the back of almost free data, regional content, and live streaming of major cricket properties.

Also read: OYO’s rise: World’s largest hotel chain by 2023 from seventh largest now; to invest $200 million in India business

Main reason for the growth in digital subscription that touched Rs 1,400 crore is telcos bundling content with their data plans.

The film segment grew 12.2% to reach Rs 17,450 crore driven by growth in digital/OTT rights and overseas theatricals. Of this, domestic film revenue crossed Rs 10,000 crore (Hindi - Rs 3,250 crore, the highest ever and overseas grew to Rs 3,000 crore from Rs 2,500 crore in 2017) where China is the largest international market.

The number of deals in the space remained flat at around 40 but deal value more than doubled to $2.8 billion from $1.3 billion in 2017, led by digital (41%) followed by gaming with 20%.

The report sees consolidation move accelerating as large media houses strengthen their presence for achieving scale, reach and relevance and the interest that global players evince on the domestic market.

The Indian Express |

Rohit Shetty to make a female cop film as part of his Singham universe

Director Rohit Shetty has become synonymous with successful cop films in Bollywood ever since his Singham and Singham Returns with Ajay Devgn, and Simmba with Ranveer Singh were declared blockbusters and received well by the audience. Each of these films also managed to cross Rs 100 crore at the box office.

Shetty, during a panel discussion at the FICCI Frames 2019 in Mumbai has now confirmed that after his upcoming Sooryavanshi with Akshay Kumar, he will make a female cop film in a year’s time. “Soon we will be making it. We have a story in mind. We will do it definitely. We will take a year or so but we plan to do that to complete the universe,” he said.

Shetty then spoke on how he was inspired to make a cop universe after watching the Avengers series, but also explained why it was not possible to do that in the Hindi film industry right now due to lack of big budgets.

“Whatever happens in America, Hollywood, happens here ten years down the line. That’s been the theory always. When I was watching the Avengers series I got an idea that why don’t we create a universe. Obviously we don’t have the kind of budget to make many super heroes movies year after year. Then I thought to make a cop universe from Simmba onwards.”

Talking about introducing his next cop hero, Sooryavanshi, in Simmba, Shetty revealed how he was skeptical about whether or not his audience will get it after he tried merging the worlds of two separate cops in his film for the first time.

He said, “I was a bit scared before the release of Simmba because this was happening for the first time in our country. I knew that youngsters and kids will, because they have Avengers, but our mature audience hasn’t seen that. I had doubts merging two worlds, but it worked big time.”

live mint |

Digital media powered growth in India's M&E industry in 2018: Report

India’s media and entertainment (M&E) sector grew 13.4% year-on-year to touch ₹1.67 trillion in 2018, powered by digital platforms that grew 42% to ₹16,900 crore during the period, a new report said. The M&E sector in India is expected to cross ₹2.35 trillion ($33.6 billion) by 2021, at a compounded annual growth rate of 11.6%, according to the report by lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) and consulting firm EY.

Digital will continue its scorching pace of growth to overtake filmed entertainment in 2019 and print by 2021, said the report titled A Billion Screens of Opportunity, released in Mumbai on Tuesday at FICCI Frames, an yearly media and entertainment industry event.

At 570 million, India has the second-highest number of Internet users after China, growing 13% annually and estimated to reach five million by 2021. The report estimates that approximately 2.5 million consumers in India are digital only and would not normally use traditional media.

Digital ad spends grew 34% to ₹15,400 crore and now account for around 21% of the ad market. Several broadcasters have started combining selling of ads across over-the-top (OTT) and linear platforms to enable better monetization of marque properties and increased utilization of digital inventory.

As far as the various video-on-demand services are concerned, advertising growth outpaced subscription growth and is expected to comprise 52% of the total pie by 2021. Digital subscription grew 262% to reach ₹1,400 crore in 2018, primarily on the back of telecom companies (telcos) bundling content with data packs to drive sales. Video subscription revenues grew almost three times in 2018 to reach ₹1,340 crore (with telcos making ₹350-400 crore out of this), on the back of new and relaunched video streaming platforms, growth of smartphones, spread of affordable broadband, regional language and exclusive content, and live streaming of major cricket and other impact properties.

“The M&E sector has a significant opportunity given India’s young demographics. The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre. There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments," said Ashish Pherwani, partner and media and entertainment leader, EY India.

Further, the TV industry grew from ₹66,000 crore to ₹74,000 crore in 2018, a growth of 12% and is estimated to reach ₹95,500 crore by 2021, with advertising growth at 10% and subscription growth at 8%.

TV advertising grew 14% to ₹30,500 crore, while subscription grew 11% to ₹43,500 crore this past year. Television viewing households increased to 197 million, a 7.5% increase over 2016 with 77% of time on television spent on general entertainment content and film channels.

The impact of the new Trai tariff order where viewers can choose and pay for individual channels can have implications on total viewership, free television uptake, channel MRP rates and ad revenues, according to the report. However, 2019 promises further growth because of the Lok Sabha elections and the ICC World Cup.

Print accounted for the second largest share of the Indian M&E sector, despite being static and growing at 0.7% to reach ₹30,550 crore in 2018. The year witnessed a 26% growth in digital news consumers over 2017 when 222 million people consumed news online. Page views grew 59% over 2017 and average time spent increased by almost 100% to 8 minutes per day in 2018. Advertising revenues stood at ₹21,700 crore and subscription revenues grew marginally by 1.2% to ₹8,830 crore.

Newspaper advertising reduced by 1% while magazine advertising fell 10%, because of reduced ad volumes and pressure on effective rates.

Hindi newspaper publications continued to lead with 37% of total ad volumes, while share of English publications stood at 25%.

The Indian film segment grew 12.2% in 2018 to reach ₹174.5 billion, driven by the growth in digital rights and overseas theatricals. Domestic film revenues crossed ₹100 billion with net box office collections for Hindi films at ₹32.5 billion—the highest ever for Hindi theatricals. Overseas theatricals grew to ₹30 billion from ₹25 billion in 2017 where China became the largest international market for Indian content. Box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) was ₹9.21 billion with Avengers: Infinity War emerging as the highest Hollywood grosser in India.

“The Indian M&E sector is entering a phase of accelerated growth. The status quo is being shattered by digital disruptions and that’s unshackling the creative economy in India like never before. These are exciting times for all it is to let our imagination and ambition guide us," said Uday Shankar, vice president, FICCI and chair, FICCI media and entertainment division.

The Tribune |

Working with Akshay Kumar an achievement: Rohit Shetty

Filmmaker Rohit Shetty who is working with National Award-winning Bollywood superstar Akshay Kumar in his upcoming directorial venture titled "Sooryavanshi" says working with him is an achievement.

During an interactive session at the 20th edition of FICCI FRAMES, the global media, and entertainment conclave on Tuesday, Rohit said: "I did few body doubles for Akshay in the film 'Suhaag' and of course, we had a long association. We kept meeting. When I was shooting for the television show 'Khatron Ke Khiladi' we met."

"He started the show, I am hosting the show. Yes, we have respect for each other. Now that we are making a film together, I feel a sense of achievement," he said.

Recalling his early days, he said: "I think it was my third film when I met him almost 27 years ago for 'Suhaag'. Since then till now, the amount of dedication they have, their experience of 30 years in the industry, has given me an opportunity to learn when I am working with them. Whether it is Salman (Khan), Ajay (Devgn) and Akshay, they have survived in the industry for so long."

When Rohit, known for films like "Singham", "Simmba" based on the journey of a policeman, was asked if he wanted to make a film on a female police officer, he said: "Yes, I will surely make a film on a female police officer."

"I have a story in mind and I will make it, but do not want to say who would be the suitable actress considering people will start calling me from tomorrow and my life will be difficult," he laughed.

Gadgets360 |

TV still king in India as Digital closes gap on Film, Print: FICCI-EY Report

Though television is king in India and will remain so for the near future, digital media is expected to overtake the world of film and print by 2019 and 2021, respectively, according to a new report by Ernst & Young, released during the annual Frames conference in Mumbai, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI). India's media and entertainment sector — which comprises TV, print, film, digital, animation and VFX, live events, online gaming, and radio among others — grew 13.4 percent year-over-year to reach Rs. 1.67 trillion (about $23.9 billion) in 2018, per EY, which estimates it will bloom into Rs. 2.35 trillion (about $33.6 billion) by 2021.

Online gaming and digital media led that growth, the EY report says. Real-money gaming — fantasy and e-sports — and casual gaming the main benefactors in the former, pushed by a 52 percent growth in total gamers that now number 278 million. Meanwhile, digital subscriptions grew by 262 percent in India — the market now estimated at Rs. 14.2 billion (about Rs. 204 million) — with the majority driven by video streaming. 60 percent of streaming video consumption is thanks to partnerships with telecom operators such as Airtel and Vodafone, which provide free access to Amazon Prime Video and Netflix for a limited time.

Over 200 million people watched digital content owing to telco bundling, according to the EY report, with the companies spending about Rs. 3.5-4 billion (about $50-57 million) to acquire content. Paid subscriptions increased from 7 million in 2017 to around 12-15 million in 2018, which is still less than 5 percent of total video consumers, estimated at 325 million in 2018, a growth of 25 percent. Indians spend 30 percent of their phone time on entertainment, the report adds.

In terms of content, catch-up TV is 70-90 percent of what viewers see on online platforms of large broadcasters, but that isn't keeping other companies from spending big on original content. EY notes that Zee is the largest spender with Rs. 25-30 billion (about $359-431 million), with Amazon and Netflix spending Rs. 10 billion (about $143 million) combined, and Hotstar promising to spend Rs. 1.2 billion (about $17 million) on its new slate, dubbed ‘Hotstar Specials'. Demand for originals increased by around 1,200 hours in 2018, EY states.

Streaming services are also helping Bollywood, with satellite rights being sold for big bucks. EY says Amazon leads the race, having picked up 13 of top 25 box office earners between June 2017-18. Padmaavat was one of them, whose digital rights reportedly went for Rs. 800 million (about $11.5 million). Sanju — another top earner at the box office — earned Rs. 500 million (about $7 million) in satellite rights. The box office failure, Race 3, recovered much of its budget via broadcast rights: Rs. 1.5 billion (about $21.5 million), reportedly the highest ever in Bollywood. Total expenditure grew from Rs. 8.5 billion (about $122 million) to Rs. 13.5 billion (about $194 million).

That said, Hindi-language films still had the best year at the Indian box office, garnering Rs. 35.2 billion (about $505.7 million) in net collections. Hollywood films too had a successful year in India, accounting for 10 percent of the total box office in the country. Local ‘dubbed' versions in Hindi, Tamil and Telugu make up 50-60 percent of Hollywood revenue in India. The biggest earner, by far, was Avengers: Infinity War with Rs. 2.22 billion (about $31.8 million), making up one-fourth of all Hollywood revenue in India.

It was followed by the likes of Jurassic World: Fallen Kingdom (Rs. 826 million), Mission: Impossible – Fallout (Rs. 802 million), Deadpool 2 (Rs. 580 million), Aquaman (Rs. 526 million) and the Oscar-winning Black Panther (Rs. 525 million). In total, Hollywood earned Rs. 9.21 billion (about $132 million) in net collections, with the top 10 films making up Rs. 7.5 billion (about $107 million).

The biggest hindrance to India's film sector is the lack of screens and screen penetration in tier-II, tier-III and tier-IV cities, per the EY report. India (9,601) has less than 25 percent of screens compared to the likes of China (55,623) and the US (40,837). Multiplexes account for a large portion of that and contributed around 55 percent of the domestic box office.

Over in television, the total time spent watching increased to 3 hours 46 minutes per day, estimates EY, with 77 percent of that time spent on general entertainment and movie channels. A third of total TV viewership in India comes from young people aged 15-30. And surprisingly, wrestling overtook cricket as the most viewed sport, narrowly beating it out with 20 to 19 percent of the share. The report also notes that number of Indian households with TVs grew 7.5 percent to 197 million, while HD viewership increased by 57 percent.

Lastly, the audio streaming sector grew by 62 percent to reach Rs. 800 million, with the user base growing by 50 percent to 150 million unique users. But despite the relatively low pricing to international markets, the EY report says, the percentage of paying subscribers for music in India is negligible, between 1 and 1.5 million, which is less than 1 percent. Piracy remains a big issue, with 76 percent of Indians surveyed admitting doing so.

The Statesman |

Rohit Shetty talks market, piracy and screen density at FICCI FRAMES, Mumbai

Filmmaker Rohit Shetty feels one should not expect huge budgets for action films from Bollywood unless it gets a worldwide market like the Hollywood. The successful director known for delivering commercial hits like Simmba, Singham and Chennai Express was at an interactive session at the 20th edition of FICCI FRAMES, the global media and entertainment enclave, Mumbai, on Tuesday.

Talking about the correlation between budget and market and the constant comparisons drawn between the two industries, Shetty said, “I think we have the access to skill, computer graphics and other technologies. But we don’t have the budget for them. We do not get the required budget because we don’t have the market. I see no reason to compare us to Hollywood.”

” In Hollywood, they release a film in one language — English — and the whole of America watches it. But when we are releasing a film in Hindi in India, we are also competing with the regional film industry like Tamil, Telugu, Punjabi, Bengali and other films that are also doing well at the box office. That is why we have competition within ourselves,” he added.

Shetty also believes the need of the hour is to increase screen density in small towns because of the business that comes from there, especially for the kind of films that are “massy”.

He wants the government to help in the matter. His last film, Simmba, a huge hit, saw a footfall of 2 crore. In a country with a population of 135 crore, he said this was nothing.

Shetty also spoke on the issue of piracy, a problem that has been constant in the industry. He stated, “People prefer to watch movies on their mobiles because in an urban area like Mumbai, nobody wants to get stuck in the traffic for hours to watch a film. It is convenient for them to watch the pirated version of a film on their phones.”

“We keep saying piracy is happening, but who is watching them? We have to take a stand and stop watching films like that. Unless we do it, only the government initiatives won’t work,” said the filmmaker.

The Free Press Journal |

Media has a significance which is far greater than what is reflected, says I and B Secretary Amit Khare

“Less regulation is better than more regulation, and self-regulation than regulation by the Government. Self-regulation and less regulation complement each other very well, if the regulation is spelt out in clear and unambiguous terms,” this is what Secretary, Ministry of Information & Broadcasting, Amit Khare stated at FICCI Frames 2019 here on Tuesday.

He was delivering the keynote address at the inaugural session of the 20th edition of the three-day conference, whose theme is ‘FRAMES @ 20: Global Goes India’. Khare was referring specifically to the broadcast medium. Speaking of India’s Media and Entertainment industry, he said the sector has “a big role in enhancing India’s image on the global stage. The sector is led by the private sector, the role of the Government has been that of a facilitator, not that of a regulator.”

Acknowledging its importance, “since it generates millions of jobs, significant revenues and is growing at a fast rate”, Khare said that policies and regulations have developed platform-wise, not content-wise. “In 2019, when there is a convergence of platforms, we need to rethink and realign some policies for providing a level-playing field,” he said, adding, “The media has a significance which is far greater than what is reflected by the revenues it generates; it can create a change in public perception and hence, needs to be treated differently… The government wants to grow with the M&E industry and has high expectations from it.”

Secretary Khare also launched the FICCI — EY Knowledge Paper on the M&E industry in India, the Cyril Amarchand Mangaldas Law Book and Odisha Film Policy. The Indian M&E sector reached Rs 1.67 trillion (US$ 23.9 billion) in 2018, a growth of 13.4 per cent, according to the FICCI-EY Report which forecasts Rs 2.35 trillion (US$ 33.6 billion) by 2021. Television retained its position as the dominant segment; growth is expected in the digital arena which will overtake film in 2019 and print by 2021.

Delivering the Media Mastermind address, Ronnie Screwvala Chairman & Co Founder, UpGrad highlighted the need for more entrepreneurs and leaders in M&E to steer the industry forward and stressed the importance of innovation, perseverance and resilience. Mr. Screwvala also said that the media companies of tomorrow will not be media companies, but consumer companies, with a strong focus on the consumer.

Chief Executive Officer, National Geographic Partners, Gary Knell asked the industry how we can harness the power of storytelling to encourage the young Indians to explore and change the world. Noting the universal power of stories to inspire and the profound social impact of media, he exhorted the audience “to commit to posterity and play our part in the future growth of the industry.”

FRAMES is a three-day global convention covering Films, Broadcast (TV & Radio), Print, Advertising, Digital & New Media, Animation, Gaming, and Visual Effects. Apart from delegates, it is attended by industry stakeholders and government policy makers from India and abroad. As in past years, FICCI Frames has more than 35 Knowledge Sessions and several high profile speakers including Todd Yellin, VP, Products, Netflix and hit film maker Rohit Shetty.

The Free Press Journal |

Media and Entertainment industry to grow past Rs 2.35 trillion

The media and entertainment (M&E) industry is expected to cross the Rs 2.35-lakh-crore mark (around USD 33.6 billion) by 2021, clipping at 11.6 percent annually, says a report. According to a FICCI-EY report, the industry stood at Rs 1.67 lakh crore (USD 23.9 billion) in 2018, growing 13.4 percent over 2017. “While TV will remain the largest segment,growth is expected to come from digital that will overtake filmed entertainment in 2019 and the print by 2021,” says the report released at the annual industry summit FICCI Frames Tuesday. Of the 570 million Internet users, around 2.5 million use only digital media and eschew the traditional media, according to the report which forecasts that this digital-only customer base is slated to double to 5 million by 2021.

“Digital consumption will grow,and monetisation avenues will see innovation to meet customer demands and one big growth driver will be OTT players on the back of telcos bundling their offerings with data. Already advertising growth has outpaced subscription growth and is expected to comprise 52 percent of the total pie by 2021,” says the report. TV industry grew from Rs 66,000 crore to Rs 74,000 crore in 2018, a growth of 12 percent, of which advertising grew 14 percent to Rs 30,500 crore and subscription grew 11 percent to Rs 43,500 crore. Television viewing households rose to 197 million, a 7.5 percent rise over 2016.

Television can reach Rs 95,500 crore by 2021, with advertising growing at 10 percent and subscription at 8 percent, it said. The print, though is the second largest medium growing a tepid 0.7 percent, has reached Rs 30,550 crore in 2018, of this ad revenue was Rs 21,700 crore and subscription revenue was Rs 8,830 crore, up a marginal 1.2 percent. Significantly, newspaper advertising degrew 1 percent, and magazine advertising fell 10 percent in the year. “The fall in advertising is due to both lower volumes as well as pressure on effective rates.

Hindi dailies continued to lead with 37 percent of total ad volume, followed by English at 25 percent. Rising newsprint prices and the rupee fall put pressure on their margins,” it said. The number of deals in the space remained flat at around 40 but deal value more than doubled to USD 2.8 billion from USD 1.3 billion in 2017, led by digital (41 percent) followed by gaming with 20 percent. The report sees consolidation move accelerating as large media houses strengthen their presence for achieving scale, reach and relevance and the interest that global players evince on the domestic market.

ABP Live |

Rohit Shetty: Bollywood needs worldwide market like Hollywood

Bollywood filmmaker Rohit Shetty, who is known for delivering successful commercial hits like "Chennai Express", "Singham" and "Simmba", said on Tuesday unless the Bollywood has a worldwide market like the Hollywood, one should not expect huge budgets for action films.

Talking about correlation between budget and market, Rohit said: "I think we have the access to skill, computer graphics and other technologies. But we don't have the budget for them. We do not get the required budget because we don't have the market. I see no reason to compare us to Hollywood.

"In Hollywood, they release a film in one language -- English -- and the whole of America watches it. But when we are releasing a film in Hindi in India, we are also competing with the regional film industry like Tamil, Telugu, Punjabi, Bengali and other films that are also doing well at the box office. That is why we have competition within ourselves."

Shetty was taking part in an interactive session at the 20th edition of FICCI FRAMES, the global media and entertainment conclave,on Tuesday.

While footfalls in the theatres are constantly declining, affecting business, Rohit feels screen density needs to be increased in the small towns because a good amount of business comes from there.

"There is no doubt that the government should help us in the matter. We should increase screens in small towns. My last film 'Simmba', which was a huge hit, witnessed a footfall of 2 crore. In a country with a population of 135 crore, this is nothing, we need more theatres.

"When we talk about theatres, the hall owners have their own issues of maintenance, stuff salary, etc. But we have to come together with the help of the government to find a way out to have more screens," Shetty said.

On the piracy affecting the movie business, Shetty said: "People prefer to watch movies on their mobiles because in an urban area like Mumbai, nobody wants to get stuck in the traffic for hours to watch a film. It is convenient for them to watch the pirated version of a film on their phones."

"We keep saying piracy is happening, but who is watching them? We have to take a stand and stop watching films like that. Unless we do it, only the government initiatives won't work," said the filmmaker.

Outlook |

Bollywood needs worldwide market like Hollywood: Rohit Shetty

Bollywood filmmaker Rohit Shetty, who is known for delivering successful commercial hits like "Chennai Express", "Singham" and "Simmba", said on Tuesday unless the Bollywood has a worldwide market like the Hollywood, one should not expect huge budgets for action films.

Talking about correlation between budget and market, Rohit said: "I think we have the access to skill, computer graphics and other technologies. But we don't have the budget for them. We do not get the required budget because we don't have the market. I see no reason to compare us to Hollywood.

"In Hollywood, they release a film in one language -- English -- and the whole of America watches it. But when we are releasing a film in Hindi in India, we are also competing with the regional film industry like Tamil, Telugu, Punjabi, Bengali and other films that are also doing well at the box office. That is why we have competition within ourselves."

Shetty was taking part in an interactive session at the 20th edition of FICCI FRAMES, the global media and entertainment conclave, here on Tuesday.

While footfalls in the theatres are constantly declining, affecting business, Rohit feels screen density needs to be increased in the small towns because a good amount of business comes from there.

"There is no doubt that the government should help us in the matter. We should increase screens in small towns. My last film 'Simmba', which was a huge hit, witnessed a footfall of 2 crore. In a country with a population of 135 crore, this is nothing, we need more theatres.

"When we talk about theatres, the hall owners have their own issues of maintenance, stuff salary, etc. But we have to come together with the help of the government to find a way out to have more screens," Shetty said.

On the piracy affecting the movie business, Shetty said: "People prefer to watch movies on their mobiles because in an urban area like Mumbai, nobody wants to get stuck in the traffic for hours to watch a film. It is convenient for them to watch the pirated version of a film on their phones."

"We keep saying piracy is happening, but who is watching them? We have to take a stand and stop watching films like that. Unless we do it, only the government initiatives won't work," said the filmmaker.

Outlook |

Indian media, entertainment to cross $33 bn by 2021

The Indian media and entertainment sector revenues reached $23.9 billion in 2018, and are expected to cross $33.6 billion by 2021, at a compound annual growth rate (CAGR) of 11.6 per cent, said a study released here on Tuesday.

The report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst & Young LLP was launched here at the inaugural session of the FICCI Frames 2019.

While television retained its position as the largest segment, growth is expected to come from digital, which is expected to overtake filmed entertainment in 2019 and print by 2021.

In 2018, the media and entertainment sector registered a growth of 13.4 per cent over 2017.

According to the report, India has the second highest number of internet users after China with 570 million internet subscribers growing at 13 per cent annually. It is estimated that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. This customer base is likely to grow to 5 million by 2021.

Ashish Pherwani, Partner and Media and Entertainment Leader, EY India, said in a statement: "The Media and Entertainment sector has a significant opportunity given India's young demographics. The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre.

"There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally."

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said: "The sector is poised to kickstart a new era of growth. Technological disruptions are creating new opportunities for the sector. New age digital media with direct-to-customer (D2C) capabilities are on an upward trajectory making the Indian media and industry market ever more vibrant, against the backdrop of already popular broadcast TV and films.

"The sector's incumbents need to innovate, transform and increase their relevance to mass and individual consumers."

As per the report, the television industry grew from Rs 660 billion to Rs 740 billion in 2018, registering a growth of 12 per cent. Television viewing households increased to 197 million, which is a 7.5 per cent increase over 2016. And 77 per cent of time spent on television was on general entertainment content and film channels.

Print accounted for the second largest share of the Indian media and entertainment sector, despite being static and growing at 0.7 per cent to reach Rs 305.5 billion in 2018, the report said.

The film segment grew 12.2 per cent in 2018 to reach Rs 174.5 billion, driven by the growth in digital/OTT rights and overseas theatricals.

All sub-segments, except home video, grew in 2018. Domestic film revenues crossed Rs 100 billion with net box office collections for Hindi films at Rs 32.5 billion, the highest ever for Hindi theatricals. Overseas theatricals grew to Rs 30 billion, from Rs 25 billion in 2017, where China became the largest international market for Indian content.

Digital rights redefined the content consumption processes as the segment grew from Rs 8.5 billion to Rs 13.5 billion. Online platforms invested heavily in exclusive film rights and a digital-only film market has emerged.

Multiplexes drove up the screen count to 9,601, though single screens continued to reduce.

As for digital media, it grew 42 per cent to reach Rs 169 billion on the back of new and relaunched video streaming platforms, growth of smartphones, spread of affordable broadband, regional language content, exclusive content and live streaming of major cricket and other impact properties.

Fortune India |

Indian media industry to cross $33.6 billion by 2021: EY-FICCI report

The media and entertainment industry in India is on the fast track to growth, according to a report by EY and FICCI (Federation of Indian Chambers of Commerce and Industry) released on Tuesday.

The report, ‘A billion screens of opportunity’, says the sector is poised to cross $33.6 billion by 2021 at a compounded annual growth rate of 11.6%. The sector was worth $23.9 billion in 2018, growing 13.4% from 2017.

The report said growth in the industry will be driven by digital media, which will overtake filmed entertainment in 2019 and print by 2021.

In a statement released, EY said the media sector continues to grow at a rate faster than India’s GDP, which reflects the rise in disposable income here. “India has the second highest number of Internet users after China with 570 million Internet subscribers growing at 13% annually. The report estimates that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. It is expected that this customer base will to grow to 5 million by 2021,” the statement said.

EY says that growth in digital consumption will spur media companies to innovate new monetisation avenues and service new customer segments. “Telco bundling will drive consumption for a majority of Indian OTT audience. Advertising growth outpaced subscription growth and is expected to comprise 52% of the total pie by 2021,” the company went on to say in the statement.

On the television front, the report said India’s TV industry grew from $9.47 billion (₹66,000 crore) in 2017 to $10.62 billion (₹74,000 crore) in 2018, registering a growth of 12%. TV advertising grew 14% to touch ₹30,500 crore while subscription grew 11% to ₹43,500 crore. There was a 7.5% rise in TV viewing households.

“Regional advertising growth outpaced national adverting growth on the back of national brands spending more to develop non-metro markets where GST created a level playing field between national and regional brands. 77% of time spent on television was on general entertainment content and film channels,” the report said, adding that 2019 promises further growth for TV due to the upcoming general election and the ICC World Cup. “The television segment can reach ₹955 billion [₹95,500 crore] by 2021, with advertising growth at 10% and subscription growth at 8%,” it further said.

For print media, which accounted for the second largest share of the media sector, the report said growth in 2018 was a mere 0.7% over 2017. It went on to say that with rising pressure on advertising and subscription revenues, print media companies will shift focus to digital as well.

“2018 witnessed a 26% growth in digital news consumers over 2017 when 222 million people consumed news online. Page views grew 59% over 2017 and average time spent increased by almost 100% to 8 minutes per day in 2018. Print companies will tilt their sales pitch towards performance, linking physical space sales with digital inventory, activations (both physical and digital), interactive concepts like QR codes, digital couponing, etc.,” the report said.

Meanwhile, India’s film segment grew 12.2% in 2018 driven by growth in digital/OTT rights along with overseas theatricals. Net box office collections from Hindi films in 2018 stood at ₹3,250 crore, the highest ever for Hindi theatricals. Here too, the emphasis on digital was evident. “Digital rights redefined the content consumption processes as the segment grew from ₹8.5 billion to ₹13.5 billion. Online platforms invested heavily in exclusive film rights and a digital-only film market has emerged,” the report said.

Commenting on the findings of the report, Uday Shankar, chairman, Star and Disney India and vice president of FICCI said, “The status quo is being shattered by digital disruptions and that’s unshackling the creative economy in India like never before. These are exciting times for all it is to let our imagination and ambition guide us.”

Ashish Pherwani, partner and media and entertainment leader at EY India, too, emphasised the scope for growth in the digital space. “There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally,” he said.

Inside Sport |

Indian creativity in sports being talked about globally : Uday Shankar

Indian innovations and creativity in sports and digital is being talked about globally and attracting the interest of one and all. The observation is made by Uday Shankar, Vice President, FICCI, and Star India Chairman at the 20 Years of FICCI Frames.

The 20th Edition of FICCI Frames, a three-day global convention, is covering the entire gamut of Media & Entertainment like Films, Broadcast (TV & Radio), Print Media, Digital Entertainment, Advertisement, Live Entertainment Events, Digital & New Media, Animation, Gaming, Visual Effects, Sports, etc.

The convention between 12 and 14 March is being attended by nearly 2,000 Indian and 800 foreign delegates encompassing the entire universe of media and entertainment. It attracts not only the industry stakeholders from across the world but also the government policy makers from India and abroad.

Uday Shankar, Vice President, delivered the opening remarks at the 20 years of FICCI Frames. Find below the full text of Uday Shankar’s remarks:

“Welcome to FICCI Frames 2019. It is a proud and an emotional moment because this is the 20th anniversary of Frames. Two decades ago when some visionaries decided to create this platform for the media & entertainment community, neither the Indian media nor Frames was what it is today. These 20 years have been a spectacular roller coaster ride for both. From being a very small and somewhat fragile media & entertainment industry 20 years ago, today it is a source of global ambition and envy and so is FICCI Frames. Frames was envisioned to be a platform where the media & entertainment community could get together to discuss its issues. Given the scale at which it is today, it would do its visionary founders very proud. Over time, Frames has become the most meaningful platform for media & entertainment community in this part of the world. Attempts to clone it can at best be described as unrealised ambitions. My heartiest congratulations to FICCI and team Frames, led by Leena Jaisani, who have been relentless in their passion and their commitment. This would not have been possible without all of you. On behalf of the entire media & entertainment community, I salute you all.

“The transformation in the media & entertainment industry in India in the last 20 years has been mind-boggling to say the least. It is one of the major media markets in the world now. It is also one of the most exciting media markets anywhere in the world with every major global company trying to give shape to its ambition in India, and with the Indian companies challenging them very vigorously.

“So what does the journey ahead look like? We will hear the views of accomplished experts and practitioners over the next three days. But in my humble opinion, the great Indian media & entertainment story has just begun. We are standing at an inflection point. We can either sit on our laurels or we can use the winds of change to fill our sails and embark on an even more exciting and glorious journey. We need to recognise the power of this creative sector in helping realise the national aspirations. Indian media & entertainment industry is ready to contribute more actively and more substantially than probably any other sector to the national dream of creating jobs, assets and wealth. What’s more, is that we are also in a position to be the flag bearers of a brand new India all over the world.

“We are already seeing the innovations that are taking place in this country in the domain of Sports, or in Digital, where Indian creativity is being talked about globally and attracting the interest of one and all. However, we need to make sure that our policies are aligned to accelerate creativity and growth. Wherever we find drags, we should be able to step in and align them while making sure that the larger social interest is always at the front and centre. At the same time, we also need to make sure that in the name of social or national interest we do not waste the potential of this industry. That would not just be a disappointment but also very unfair to the world of good that this industry can do to the crores of people of this country who can benefit directly from it.

“I shall stop dwelling further on this subject because that is what you are going to hear from a series of illustrious speakers over the next three days. Before finishing, I would just like to highlight that this has been a very successful year for the FICCI media & entertainment committee. The committee has been instrumental in bringing about some key reforms for the industry, including a downward revision in the GST slab for entertainment services and the tabling of the anti-cam-cording provisions under the Cinematograph Act. It marks a very satisfying year for me as the Chairman of the committee and I would like to congratulate all those who have been involved.

“With this I would like to call upon Charles Rivkin, the Chairman & CEO of Motion Pictures Association of America, to deliver the industry address.”

The Pioneer |

Will definitely do a lady cop film to complete universe: Rohit Shetty

Filmmaker Rohit Shetty on Tuesday said he has definite plans to make a female cop film to complete his "Singham" universe, which chronicles stories of police personnel.

Shetty's follow-up to his hit "Singham" was 2018's Ranveer Singh-starrer "Simmba", which was part of a multi-film universe that the director has in mind.

The next film in this universe is Akshay Kumar-fronted "Sooryavanshi".

Asked if he plans to make a female cop film, Shetty told reporters, "Soon we will be making it. We have a story in mind. We will definitely do it. We need to take a year or so, but we plan to do that to complete the universe."

The director was speaking at a special session at the FICCI Frames 2019.

Shetty, who has delivered consecutive blockbusters and is known for making larger-than-life massy films, said he got the idea to start a universe while watching Hollywood superhero projects like "Avengers".

"Whatever happens in Hollywood, happens here 10 years down the line. That's always been the theory. When I was watching the 'Avengers' series, I got an idea that 'why don't we create a universe?'

"Obviously, we don't have the kind of budget to make so many superhero films year after year. Then I thought to make a cop universe from 'Simmba' onwards," he said.

The filmmaker said as the concept of creating a universe was novel for the Indian audience, he was initially nervous about the plunge.

"I was a bit scared before the release because this was happening for the first time in our country. I knew that youngsters and kids will (understand), because they have 'Avengers', but our mature audience hasn't seen that. I had doubts merging two worlds but it worked big time," Shetty said.

greatandhra.com |

Indian media, entertainment to cross $33 bn by 2021

The Indian media and entertainment sector revenues reached $23.9 billion in 2018, and are expected to cross $33.6 billion by 2021, at a compound annual growth rate (CAGR) of 11.6 per cent, said a study released here on Tuesday.

The report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst & Young LLP was launched here at the inaugural session of the FICCI Frames 2019.

While television retained its position as the largest segment, growth is expected to come from digital, which is expected to overtake filmed entertainment in 2019 and print by 2021.

In 2018, the media and entertainment sector registered a growth of 13.4 per cent over 2017.

According to the report, India has the second highest number of internet users after China with 570 million internet subscribers growing at 13 per cent annually. It is estimated that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. This customer base is likely to grow to 5 million by 2021.

Ashish Pherwani, Partner and Media and Entertainment Leader, EY India, said in a statement: "The Media and Entertainment sector has a significant opportunity given India's young demographics. The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre.

"There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally."

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said: "The sector is poised to kickstart a new era of growth. Technological disruptions are creating new opportunities for the sector. New age digital media with direct-to-customer (D2C) capabilities are on an upward trajectory making the Indian media and industry market ever more vibrant, against the backdrop of already popular broadcast TV and films.

"The sector's incumbents need to innovate, transform and increase their relevance to mass and individual consumers."

As per the report, the television industry grew from Rs 660 billion to Rs 740 billion in 2018, registering a growth of 12 per cent. Television viewing households increased to 197 million, which is a 7.5 per cent increase over 2016. And 77 per cent of time spent on television was on general entertainment content and film channels.

Print accounted for the second largest share of the Indian media and entertainment sector, despite being static and growing at 0.7 per cent to reach Rs 305.5 billion in 2018, the report said.

The film segment grew 12.2 per cent in 2018 to reach Rs 174.5 billion, driven by the growth in digital/OTT rights and overseas theatricals.

All sub-segments, except home video, grew in 2018. Domestic film revenues crossed Rs 100 billion with net box office collections for Hindi films at Rs 32.5 billion, the highest ever for Hindi theatricals. Overseas theatricals grew to Rs 30 billion, from Rs 25 billion in 2017, where China became the largest international market for Indian content.

Digital rights redefined the content consumption processes as the segment grew from Rs 8.5 billion to Rs 13.5 billion. Online platforms invested heavily in exclusive film rights and a digital-only film market has emerged.

Multiplexes drove up the screen count to 9,601, though single screens continued to reduce.

As for digital media, it grew 42 per cent to reach Rs 169 billion on the back of new and relaunched video streaming platforms, growth of smartphones, spread of affordable broadband, regional language content, exclusive content and live streaming of major cricket and other impact properties.

Spirit of Mumbai |

FRAMES @20 Global Goes Indian Need to focus on self-regulation to allow M&E industry to grow: Amit Khare

The 20th edition of three-day global convention on the media and entertainment industry, FICCI FRAMES 2019, got underway today with Mr. Amit Khare, Secretary, Ministry of Information & Broadcasting, underscoring the need for self-regulation by media and entertainment industry players to allow the industry to grow.

“We have taken the initiative of having a national broadcast policy. One should consider self-regulation and less regulation if we want the system to grow,” he said.
On content generation and enhancement, Mr. Khare stressed the need to encourage co-production as it would bring more countries together and result in greater viewership.

Mr. Uday Shankar, Vice President, FICCI, said, “India is one of the most exciting markets for the Media and Entertainment industry. The great Indian media story has just begun,” and mentioned how the media and entertainment industry and FICCI FRAMES were growing by leaps and bounds.

Mr. Ronnie Screwvala, Chairman & Co Founder, UpGrad, in his ‘Media Mastermind Keynote: An Indian Entrepreneur’s Journey’ said that he had seen the industry and FICCI FRAMES for so many years and was happy to note that business people were at the centre stage of the convention. “The companies of tomorrow need to be more consumer companies and not just media companies. The Media and Entertainment sector cannot just function with passion, we also need leaders, founders and entrepreneurship,” said Mr. Screwvala as he emphasised that media and entertainment industry needs to focus on consumers.

The other speakers who shared their perspectives at the opening session were Mr. Charles H. Rivkin, Chairman & Chief Executive Officer, Motion Picture Association of America and Mr. Gary Knell, Chief Executive Officer, National Geographic Partners.

A ‘FICCI-EY 2019’ report titled ‘A billion screens of opportunity’ on Media and Entertainment was also unveiled along with the law book by Cyril Amarchand Mangaldas and Odisha Film Policy by Dr. Nitin Bhanudas Jawale, Managing Director Odisha Film Development Corporation.

Apart from the second edition of content market, an initiative to bring together content creators and content buyers from across the globe, the highlight of FICCI FRAMES is the fourth edition of 'Frame Your Idea', a platform for content producers to meet content idea, story or script owners. The platform provides a unique opportunity to creative minds to pitch their ideas, stories or scripts to leading content producers and production houses like Aamir Khan Productions, Balaji Telefilms, Dharma Productions, Disney Studios, Eros Now, RSVP, Kabir Khan Films, SPE Films India Pvt Ltd., Viacom18 Motion Pictures and Fox Star Studios, to name a few.

The pitching sections are divided into Films, Television, Web Shows and Short Films to make it smoother for the writers to book appointments and to pitch their stories to interested production houses for fruitful tie-ups.

Television Post |

Media honchos hold forth on opening day of FICCI Frames

The opening day of the FICCI Frames 2019 witnessed UTV founder and media entrepreneur Ronnie Screwvala and Star India chairman and CEO Uday Shankar taking centre stage.

In his media mastermind keynote, Screwvala tried to address some of the issues that the media & entertainment sector is grappling with. Shankar’s address was an appeal to the industry to grab the opportunity that the Indian M&E industry presents.

Addressing the audience at the event, Screwvala noted that the Indian media & entertainment (M&E) industry has made progress over the past several years but the cup is still half full. He noted that the M&E industry has been falling short of its targets due to several structural issues.

Screwvala, who is also the chairman & co-founder of UpGrad, stated that the companies of tomorrow need to be more consumer companies and not just media companies. “The M&E sector cannot just function with passion, we also need leaders, founders, and entrepreneurship,” said Screwvala as he emphasised that media and entertainment industry needs to focus on consumers.

According to him, one of the reasons why the M&E industry has not been able to realise its full potential is that there aren’t enough entrepreneurs and founders driving the ecosystem. Another reason is that there hasn’t been enough equity infusion. The internet commerce sector has seen much more fund infusion compared to the M&E sector.

Another reason for falling short is that to build a successful business in the M&E space an entrepreneur needs to show resilience. He also pointed out that a successful M&E business is not about a great idea. There can be 10 great ideas coming about at the same time but it is all about the execution.

He also noted that the focus going forward should be less and less on arbitrage and a company of a service model and doing work for hire. The focus should rest on innovation, origination and IP ownership.

He also expressed concern that India is one of the least regulated countries when it comes to media. There are a few anomalies but by and large, you don’t need to be a resident of this country to own a broadcast network.

Screwvala feels that the broadcast and cinema sectors will go through challenging phases, the content creation and sports sectors hold a lot of promise in the future.

In his opening remarks, Shankar noted that the FICCI M&E committee has been instrumental in bringing about key reforms for the industry, including a downward revision in the GST slab and the tabling of the anti-cam-cording provisions under the Cinematograph Act.

He also said that there is a need to streamline policy to accelerate growth. “Wherever we find drags in policy, we should be able to step in and align them while making sure that the larger social interest is always at the front and centre.”

Indian creativity, he said, is being talked about globally and attracting the interest of one and all. “However, we need to make sure that our policies are aligned to accelerate creativity and growth. We are in a position to be the flag bearers of a brand new India all over the world.”

Shankar also said that the Indian M&E industry is standing at an inflection point. The choice before the industry is to either sit on past laurels or use the winds of change to embark on an even more exciting and glorious journey.

“The transformation in the media & entertainment industry in India in the last 20 years has been mind-boggling. Every major global company is trying to give shape to its ambition in India, and the Indian companies are challenging them vigorously,” he stated.

On day 1 of FICCI Frames 2019 in a session titled ‘Looking back as we move ahead’, Viacom18 Group CEO and MD Sudhanshu Vats was in conversation with Indian Express Executive Director Anant Goenka. The burning question that came out to dominate this conversation was ‘does the industry even realize how to and what to evolve to?’

Vats began by stating that a lot has changed in the industry for the better. He went on to state, from the content space, the first thing that has changed, irrespective of the platforms, is that the industry has moved away from broadcast to microcast online. The industry has moved from beaming things to having more conversations making things more interactive.

According to him, the second most important change led by technology is that it isn’t necessary to tell stories to everyone, rather tell it to limited number of people and tell it successfully. 2018 has seen films target certain audience and these films performed exceedingly well in spite of not being blockbusters such as Andhadhun, and Badhai Ho.

The third and most interesting thing he pointed out to is the changes and differences between curator, creator and consumer. It used to be much simple to differentiate between these three in the past but today the lines have completely blurred. And this is also followed by audiences across, where audiences have also become content curators.

While reiterating the fact that the industry is experiencing many important changes, he states a welcoming change is the narration of diverse stories in a classical content sense.

He stated that because the TV model is an ad driven model, telling stories in the authentic manner has become a little difficult as compared to the past as its driven by ratings. He noted that while playing with the original story, many a times the industry is taking away from the story. He stressed, importance must be given here and that the focus must be on the ability to tell stories which will eventually sell rather than looking at only selling the stories.

Speaking about ‘Formula’ as a safety net, Vats believes that formula works as a safety net at some level. With minds being patterned in a particular format, and sometimes from the commercial point of view, one must believe in intuition. With reference to the western world, he added that the media industry in the West follows a pattern format leading to success.

Vats believes that there will be a lot of custom use in the story and segmentation in the audience. According to him, there will be a set of audience that will love, and there will be one that doesn’t. But in the future, it won’t matter as every story can reach its audience and every audience their story.

The session ended on the note that the future can be rafted only from lessons learnt in the past. The media industry is in interesting times today, as it witnesses a disruptive process of embracing change to redefine itself for the future.

National Geographic Partners CEO Gary Knell said that the infotainment company’s appetite for storytelling transcends language, religion class, and culture. “At Nat Geo, we believe in the power of storytelling to change the world, and I see that fully coming to fruition in India,” he stated.

Nat Geo India, he said, represents the second largest market in social media for National Geographic in the world. “We have nearly 24 million India-based followers and it’s a testament to the universality of the power of visual imagery.”

He also said that Nat Geo’s core purpose is to deliver content that helps people better understand the world and their role in it. It delivers this promise through its magazines, books, television programmes, films and digital.

“In this challenging world, companies that can step up to declare the purpose and are able to drive their brands to create emotional connections with consumers are the ones that are going to make it in the 21st Century,” he stated.

Devdiscourse |

M&E industry to grow at more than 10 pct annually, expected to reach USD 33.6 billion by 2021

The media and entertainment (M&E) industry is expected to cross the Rs 2.35-lakh-crore mark (around USD 33.6 billion) by 2021, clipping at 11.6 per cent annually, says a report. According to a FICCI-EY report, the industry stood at Rs 1.67 lakh crore (USD 23.9 billion) in 2018, growing 13.4 per cent over 2017.

"While TV will remain the largest segment,growth is expected to come from digital that will overtake filmed entertainment in 2019 and the print by 2021," says the report released at the annual industry summit FICCI Frames Tuesday. Of the 570 million Internet users, around 2.5 million use only digital media and eschew the traditional media, according to the report which forecasts that this digital-only customer base is slated to double to 5 million by 2021.

"Digital consumption will grow,and monetisation avenues will see innovation to meet customer demands and one big growth driver will be OTT players on the back of telcos bundling their offerings with data. Already advertising growth has outpaced subscription growth and is expected to comprise 52 per cent of the total pie by 2021," says the report. TV industry grew from Rs 66,000 crore to Rs 74,000 crore in 2018, a growth of 12 per cent, of which advertising grew 14 per cent to Rs 30,500 crore and subscription grew 11 per cent to Rs 43,500 crore. Television viewing households rose to 197 million, a 7.5 per cent rise over 2016.

Television can reach Rs 95,500 crore by 2021, with advertising growing at 10 per cent and subscription at 8 per cent, it said. The print, though is the second largest medium growing a tepid 0.7 per cent, has reached Rs 30,550 crore in 2018, of this ad revenue was Rs 21,700 crore and subscription revenue was Rs 8,830 crore, up a marginal 1.2 per cent.

Significantly, newspaper advertising grew 1 per cent, and magazine advertising fell 10 per cent in the year. "The fall in advertising is due to both lower volumes as well as pressure on effective rates.Hindi dailies continued to lead with 37 per cent of total ad volume, followed by English at 25 per cent. Rising newsprint prices and the rupee fall put pressure on their margins," it said.

Regional advertising outpaced national growth on the back of national brands spending more to develop non-metro markets where GST created a level playing field for both. The report notes that broadcasters have started selling ads combined across OTT and linear platforms to enable better monetisation of marquee properties and increased utilisation of digital inventory.

The impact of the Trai tariff order can have implications on total viewership, free television uptake, channel rates and ad revenue. However, 2019 promises further growth due to the elections and the cricket world cup. The year also saw a 26 per cent growth in digital news consumers over 2017 when 222 million people consumed news online. Page views grew 59 per cent over 2017 and the average time spent almost doubled to 8 minutes a day.

On the contrary, digital media clipped past 42 per cent to reach Rs 16,900 crore in 2018. Of this, ad revenue stood at Rs 15,400 crore, grew 34 per cent and subscription stood at Rs 1,400 crore, registering a growth of 262 per cent. This makes the digital ad pie around 21 per cent of the total ad market. Video subscription revenue almost grew three times to reach Rs 1.340 crore, thanks to rising smartphones penetration on the back of almost free data, regional content, and live streaming of major cricket properties.

Main reason for the growth in digital subscription that touched Rs 1,400 crore is telcos bundling content with their data plans. The film segment grew 12.2 per cent to reach Rs 17,450 crore driven by growth in digital/OTT rights and overseas theatricals. Of this, domestic film revenue crossed Rs 10,000 crore (Hindi--Rs 3,250 crore, the highest ever and overseas grew to Rs 3,000 crore from Rs 2,500 crore in 2017) where China is the largest international market.

The number of deals in the space remained flat at around 40 but deal value more than doubled to USD 2.8 billion from USD 1.3 billion in 2017, led by digital (41 per cent) followed by gaming with 20 per cent. The report sees consolidation move accelerating as large media houses strengthen their presence for achieving scale, reach and relevance and the interest that global players evince on the domestic market.

Variety |

Netflix 'Doubling Down' on Interactive series after ‘Bandersnatch’ success

Netflix is doubling down on interactive series after the global success of “Black Mirror” spinoff “Bandersnatch,” the streaming giant’s VP of product, Todd Yellin, said in Mumbai on Tuesday. Yellin was delivering a keynote presentation at the 20th edition of media and entertainment conference FICCI-Frames.

“It’s a huge hit here in India, it’s a huge hit around the world, and we realized, wow, interactive storytelling is something we want to bet more on,” Yellin said. “We’re doubling down on that. So expect over the next year or two to see more interactive storytelling. And it won’t necessarily be science fiction, or it won’t necessarily be dark. It could be a wacky comedy. It could be a romance, where the audience gets to choose – should she go out with him or him.”

Yellin also announced plans to further expand Indian content production. “Expect that to double next year, and then double again,” he said.

He said that Indian original series “Sacred Games,” directed by Vikramaditya Motwane and Anurag Kashyap and starring Nawazuddin Siddiqui, Saif Ali Khan and Radhika Apte, was a global hit for the service, with two out of three viewers of the show living outside India. The number of languages that Netflix content will be available in is increasing from 25 to 30, Yellin said.

DNA |

Rohit Shetty: Will definitely do a lady cop film to complete universe

Filmmaker Rohit Shetty on Tuesday said he has definite plans to make a female cop film to complete his Singham universe, which chronicles stories of police personnel.Shetty's follow-up to his hit Singham was 2018's Ranveer Singh-starrer Simmba, which was part of a multi-film universe that the director has in mind.

The next film in this universe is Akshay Kumar-fronted Sooryavanshi. Asked if he plans to make a female cop film, Shetty told reporters, "Soon we will be making it. We have a story in mind. We will definitely do it. We need to take a year or so, but we plan to do that to complete the universe." The director was speaking at a special session at the FICCI Frames 2019.

Shetty, who has delivered consecutive blockbusters and is known for making larger-than-life massy films, said he got the idea to start a universe while watching Hollywood superhero projects like "Avengers".

"Whatever happens in Hollywood, happens here 10 years down the line. That's always been the theory. When I was watching the 'Avengers' series, I got an idea that 'why don't we create a universe?' "Obviously, we don't have the kind of budget to make so many superhero films year after year. Then I thought to make a cop universe from 'Simmba' onwards," he said.

The filmmaker said as the concept of creating a universe was novel for the Indian audience, he was initially nervous about the plunge."I was a bit scared before the release because this was happening for the first time in our country. I knew that youngsters and kids will (understand), because they have 'Avengers', but our mature audience hasn't seen that. I had doubts merging two worlds but it worked big time," Shetty said.

The New Indian Express |

Indian media, entertainment to cross USD 33 billion by 2021

The Indian media and entertainment sector revenues reached $23.9 billion in 2018, and are expected to cross $33.6 billion by 2021, at a compound annual growth rate (CAGR) of 11.6 per cent, said a study released here on Tuesday.

The report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst & Young LLP was launched here at the inaugural session of the FICCI Frames 2019. While television retained its position as the largest segment, growth is expected to come from digital, which is expected to overtake filmed entertainment in 2019 and print by 2021.

In 2018, the media and entertainment sector registered a growth of 13.4 per cent over 2017.

According to the report, India has the second highest number of internet users after China with 570 million internet subscribers growing at 13 per cent annually. It is estimated that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. This customer base is likely to grow to 5 million by 2021.

Ashish Pherwani, Partner and Media and Entertainment Leader, EY India, said in a statement: "The Media and Entertainment sector has a significant opportunity given India's young demographics. The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre.

"There is a large shift in consumer behavior from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally."

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said: "The sector is poised to kickstart a new era of growth. Technological disruptions are creating new opportunities for the sector. New age digital media with direct-to-customer (D2C) capabilities are on an upward trajectory making the Indian media and industry market ever more vibrant, against the backdrop of already popular broadcast TV and films.

"The sector's incumbents need to innovate, transform and increase their relevance to mass and individual consumers."

As per the report, the television industry grew from Rs 660 billion to Rs 740 billion in 2018, registering a growth of 12 per cent. Television viewing households increased to 197 million, which is a 7.5 per cent increase over 2016. And 77 per cent of time spent on television was on general entertainment content and film channels.

Print accounted for the second largest share of the Indian media and entertainment sector, despite being static and growing at 0.7 per cent to reach Rs 305.5 billion in 2018, the report said.

The film segment grew 12.2 per cent in 2018 to reach Rs 174.5 billion, driven by the growth in digital/OTT rights and overseas theatricals.

All sub-segments, except home video, grew in 2018. Domestic film revenues crossed Rs 100 billion with net box office collections for Hindi films at Rs 32.5 billion, the highest ever for Hindi theatricals. Overseas theatricals grew to Rs 30 billion, from Rs 25 billion in 2017, where China became the largest international market for Indian content.

Digital rights redefined the content consumption processes as the segment grew from Rs 8.5 billion to Rs 13.5 billion. Online platforms invested heavily in exclusive film rights and a digital-only film market has emerged.

Multiplexes drove up the screen count to 9,601, though single screens continued to reduce.

As for digital media, it grew 42 per cent to reach Rs 169 billion on the back of new and relaunched video streaming platforms, growth of smartphones, spread of affordable broadband, regional language content, exclusive content and live streaming of major cricket and other impact properties.

The Hindu Business Line |

Digital sector to overtake film entertainment area in 2019: FICCI report

The Indian Media and Entertainment (M&E) sector grew at 13.4 per cent, more than the nominal GDP of 10 per cent, to reach Rs 1.67 trillion ($23.9 billion) in 2018 as against 2017, according a report. It is expected to cross ₹2.35 trillion ($33.6 billion) by 2021, growing at an annual rate of 11.6%.

In a report by EY-FICCI called ‘A billion screens of opportunity’ it been stated that, while television retained its position as the largest segment, the growth is expected to come from digital in 2019 overtaking the film entertainment sector.

Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, said, “The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre. There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally.”

The report, released at 20th edition of FICCI Frames, said the sector continues to grow at a rate faster than the GDP and this reflects the fact that the disposal incomes are increasing.

India has the second highest number of internet users after China with over 570 million internet subscribers growing at 13% annually.

The report estimates that approximately 2.5 million consumers in India are only digital and do not use the traditional media. The customer base is expected to grow to 5 million by 2021. Traditional media companies spent 2018 building their customer data through second-screen interactive propositions, polls, house-to-house surveys,and integration of third-party data .

Digital consumption will grow, and monetization avenues will see great innovation to cater to the new Indian customer segments, the report added.

Telco bundling will drive consumption for a majority of Indian OTT audience.

Advertising growth outpaced subscription growth and is expected to comprise 52% of the total pie by 2021, as per the report.

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said, “The sector’s incumbents need to innovate, transform and increase their relevance to mass and individual consumers.”

Business Standard |

Will definitely do a lady cop film to complete universe: Rohit Shetty

Filmmaker Rohit Shetty on Tuesday said he has definite plans to make a female cop film to complete his "Singham" universe, which chronicles stories of police personnel.

Shetty's follow-up to his hit "Singham" was 2018's Ranveer Singh-starrer "Simmba", which was part of a multi-film universe that the director has in mind.

The next film in this universe is Akshay Kumar-fronted "Sooryavanshi".

Asked if he plans to make a female cop film, Shetty told reporters, "Soon we will be making it. We have a story in mind. We will definitely do it. We need to take a year or so, but we plan to do that to complete the universe."

The director was speaking at a special session at the FICCI Frames 2019.

Shetty, who has delivered consecutive blockbusters and is known for making larger-than-life massy films, said he got the idea to start a universe while watching Hollywood superhero projects like "Avengers".

"Whatever happens in Hollywood, happens here 10 years down the line. That's always been the theory. When I was watching the 'Avengers' series, I got an idea that 'why don't we create a universe?'

"Obviously, we don't have the kind of budget to make so many superhero films year after year. Then I thought to make a cop universe from 'Simmba' onwards," he said.
The filmmaker said as the concept of creating a universe was novel for the Indian audience, he was initially nervous about the plunge.

"I was a bit scared before the release because this was happening for the first time in our country. I knew that youngsters and kids will (understand), because they have 'Avengers', but our mature audience hasn't seen that. I had doubts merging two worlds but it worked big time," Shetty said.

The Economic Times |

Government working with FICCI for National Broadcast Policy: I&B secretary

The information and broadcasting ministry is working with the industry body Federation of Indian Chambers of Commerce & Industry (FICCI) to come out with a National Broadcast Policy for the broadcast sector, Amit Khare, secretary, I&B ministry said here on Tuesday.

Khare, who was delivering a keynote address at the media industry conclave FICCI Frames 2019, said, “The draft (of National Broadcast Policy) is being prepared and we are working with key and other stakeholders.”

Khare said that the government so far has followed a “liberal policy” of having less regulation. “The ministry favours self-regulation for the broadcast sector. There is no reason to believe that a wise person sitting in Delhi would be more knowledgeable or more prudent compared to the industry people who are dealing with the subject on a day to day basis,” he said.

He added that there is a need to relook at the existing regulatory structures because of convergence. “There is a need to meet this challenge and also which is a great opportunity in terms of content which will be used by the customer or the client at the other ends. This technological change which is taking place at a very rapid pace,” he said.

Talking about the media & entertainment (M&E) industry, Khare said it is a very important part of the Indian economy, which provides over 2 million jobs.

The Economic Times |

Indian media, entertainment to cross $33 bn by 2021

The Indian media and entertainment sector revenues reached $23.9 billion in 2018, and are expected to cross $33.6 billion by 2021, at a compound annual growth rate (CAGR) of 11.6 per cent, said a study released here on Tuesday.

The report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst & Young LLP was launched here at the inaugural session of the FICCI Frames 2019.

While television retained its position as the largest segment, growth is expected to come from digital, which is expected to overtake filmed entertainment in 2019 and print by 2021.

In 2018, the media and entertainment sector registered a growth of 13.4 per cent over 2017.

According to the report, India has the second highest number of internet users after China with 570 million internet subscribers growing at 13 per cent annually. It is estimated that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. This customer base is likely to grow to 5 million by 2021.

Ashish Pherwani, Partner and Media and Entertainment Leader, EY India, said in a statement: "The Media and Entertainment sector has a significant opportunity given India's young demographics. The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre.

"There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally."

Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said: "The sector is poised to kickstart a new era of growth. Technological disruptions are creating new opportunities for the sector. New age digital media with direct-to-customer (D2C) capabilities are on an upward trajectory making the Indian media and industry market ever more vibrant, against the backdrop of already popular broadcast TV and films.

"The sector's incumbents need to innovate, transform and increase their relevance to mass and individual consumers."

As per the report, the television industry grew from Rs 660 billion to Rs 740 billion in 2018, registering a growth of 12 per cent. Television viewing households increased to 197 million, which is a 7.5 per cent increase over 2016. And 77 per cent of time spent on television was on general entertainment content and film channels.

Print accounted for the second largest share of the Indian media and entertainment sector, despite being static and growing at 0.7 per cent to reach Rs 305.5 billion in 2018, the report said.

The film segment grew 12.2 per cent in 2018 to reach Rs 174.5 billion, driven by the growth in digital/OTT rights and overseas theatricals.

All sub-segments, except home video, grew in 2018. Domestic film revenues crossed Rs 100 billion with net box office collections for Hindi films at Rs 32.5 billion, the highest ever for Hindi theatricals. Overseas theatricals grew to Rs 30 billion, from Rs 25 billion in 2017, where China became the largest international market for Indian content.

Digital rights redefined the content consumption processes as the segment grew from Rs 8.5 billion to Rs 13.5 billion. Online platforms invested heavily in exclusive film rights and a digital-only film market has emerged.

Multiplexes drove up the screen count to 9,601, though single screens continued to reduce.

As for digital media, it grew 42 per cent to reach Rs 169 billion on the back of new and relaunched video streaming platforms, growth of smartphones, spread of affordable broadband, regional language content, exclusive content and live streaming of major cricket and other impact properties.

The Economic Times |

Media and entertainment sector touched Rs 1.67 lakh crore mark in 2018: EY - FICCI FRAMES report 2019

The Indian Media and Entertainment (M&E) sector witnessed 13% growth to touch Rs 1.67 lakh crore mark ($23.9 billion) in 2018, according to EY-FICCI report ‘A billion screens of opportunity'. The report was launched during the annual FICCI Frames 2019 in Mumbai on Tuesday.

“The media and entertainment sector is poised to kickstart a new era of growth. Technological disruptions are creating new opportunities for the sector. However, the sector’s incumbents need to innovate, transform and increase their relevance to mass and individual consumers,” Uday Shankar, VP, FICCI and chair, FICCI Media and Entertainment Division, and chairman, Star and Disney India, and president, The Walt Disney Company Asia Pacific, said.

“The M&E sector is poised to kickstart a new era of growth,” he said.

According to the report, the M&E sector in India is expected to cross Rs 2.35 lakh crore ($33.6 billion) by 2021, at a CAGR of 11.6%. While television retained its position as the largest segment, digital as a category is expected to grow exponentially and will overtake filmed entertainment in 2019 and print by 2021.

With internet subscribers growing at 13% annually the report estimates that approximately 2.5 million consumers in India are digital only and would not normally use traditional media. It is expected that this customer base will to grow more than five million by 2021.

The report further reveals that with more and more consumers watching content online telco bundling will drive consumption for a majority of Indian OTT audience. Advertising growth outpaced subscription growth and is expected to comprise 52% of the total pie by 2021.

According to Ashish Pherwani, partner and media and entertainment leader, EY India, the growth of digital infrastructure is further enabling Indians to fulfill the need for personal content consumption, across languages and genre. There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments.

Dumkhum |

Connecting the World with Great Stories

Day 1 at the 20th edition of FICCI FRAMES played host to an enriching session throwing light on India being remarkably well placed in the era of internet entertainment and how the best of Indian creators can tell stories and reach diverse audiences connecting the world with great content.

Moderated by Ms. Anuradha Sengupta, Consulting Editor, CNN NEWS18, the session witnessed the keynote speaker, Mr. Todd Yellin, Vice President, Product, Netflix talk about India as an important market and how Indian shows are garnering great success on a global map.

Mr. Todd spoke about the documentary ‘Period: End of sentence’ that recently won the Oscar. He said, “Even before it won the Oscar, it was watched by a thousand people. We are taking content on a global scale so that millions of people can watch documentaries like these.”

He also spoke about how global shows are doing well in India. “Bandersnatch a huge hit here in India, it’s a huge hit around the world, and we realised, wow, interactive storytelling is something we want to bet more on. So, expect over the next year or two, to see more interactive storytelling,” he added.

Mr. Yellin also announced plans to further expand Indian content production. “Expect that to double next year, and then double again,” he said.

He also explained that Indian original series “Sacred Games,” directed by Vikramaditya Motwane and Anurag Kashyap, starring Nawazuddin Siddiqui, Saif Ali Khan and Radhika Apte, was a global hit for the service, with two out of three viewers of the show living outside India. He further added that the number of languages Netflix content will be available in is increasing from 25 to 30.

Dumkhum |

Indian Media and Entertainment industry clocks 13% growth to reach INR 1.67 trillion in 2018: FICCI-EY report

The Indian Media and Entertainment (M&E) sector reached INR1.67 trillion (US$23.9 billion) in 2018, a growth of 13.4% over 2017, states the FICCI-EY report, ‘A billion screens of opportunity,’ launched today at the FICCI FRAMES 2019 in Mumbai.

With its current trajectory, the M&E sector in India is expected to cross INR2.35 trillion (US$33.6 billion) by 2021, at a CAGR of 11.6%. While television retained its position as the largest segment, growth is expected to come from digital which will overtake filmed entertainment in 2019 and print by 2021. The report captures key insights from the exciting and fast-growing Indian M&E sector.

The sector continues to grow at a rate faster than the GDP, reflecting the increasing disposable income and economic growth. India has the second highest number of internet users after China with 570 million internet subscribers growing at 13% annually. The report estimates that approximately 2.5 million consumers in India today are digital only and would not normally use traditional media. It is expected that this customer base will to grow to 5 million by 2021.

Traditional media companies spent 2018 building their customer data through second-screen interactive propositions, polls, house-to-house surveys, integration of third-party data, etc.Digital consumption will grow, and monetisation avenues will see great innovation to cater to the new Indian customer segments. Telco bundling will drive consumption for a majority of Indian OTT audience. Advertising growth outpaced subscription growth and is expected to comprise 52% of the total pie by 2021.

Mr. Uday Shankar, Vice President, FICCI and Chair, FICCI Media and Entertainment Division, said, “The M&E sector is poised to kickstart a new era of growth. Technological disruptions are creating new opportunities for the sector. New age digital media with direct-to-customer (D2C) capabilities are on an upward trajectory making Indian M&E ever more vibrant, against the backdrop of already popular broadcast TV and films. The sector’s incumbents need to innovate, transform and increase their relevance to mass and individual consumers.”

According to Mr. Ashish Pherwani, Partner and Media & Entertainment Leader, EY India, “The M&E sector has a significant opportunity given India’s young demographics. The growth of digital infrastructure is further enabling Indians to fulfil the need for personal content consumption, across languages and genre. There is a large shift in consumer behaviour from mass produced content to specific content defined to audience segments. The sector has an opportunity to serve a billion screens in India and globally.”

The following are the key segmental findings of the report:

Television:

The TV industry grew from INR 660 billion to INR 740 billion in 2018, a growth of 12%. TV advertising grew 14% to INR 305 billion while subscription grew 11% to INR 435 billion. Television viewing households increased to 197 million, which is a 7.5% increase over 2016. Regional advertising growth outpaced national adverting growth on the back of national brands spending more to develop non-metro markets where GST created a level playing field between national and regional brands. Seventy seven per cent of the time spent on television was on general entertainment content and film channels.

Print:

Print accounted for the second largest share of the Indian M&E sector, despite being static and growing at 0.7% to reach INR 305.5 billion in 2018. Advertising revenues stood at INR 217 billion and subscription revenues grew marginally by 1.2% to INR 88.3 billion in 2018. Newspaper advertising de-grew 1% while magazine advertising fell 10%. The fall in advertising is due to both reduced ad volumes as well as pressure on effective rates. Hindi newspaper publications continued to lead with 37% of total ad volumes, while the share of English publications stood at 25%. Rising newsprint prices and a depreciation in the value of the Indian Rupee led to pressure on print sector margins in 2018.

Films:

The Indian film segment grew 12.2% in 2018 to reach INR 174.5 billion driven by the growth in digital/ OTT rights and overseas theatricals. All sub-segments, except home video grew. Domestic film revenues crossed INR 100 billion with Net Box Office collections for Hindi films at INR 32.5 billion – the highest ever for Hindi theatricals. Overseas theatricals grew to INR 30 billion from INR 25 billion in 2017 where China became the largest international market for Indian content. 98 Hollywood films were released in 2018 as compared to 105 in 2017. The box office collections of Hollywood films in India (inclusive of all their Indian language dubbed versions) was INR 9.21 billion. Multiplexes drove up the screen count to 9,601, though single screens continued to reduce.

Digital media:

In 2018, digital media grew 42% to reach INR 169 billion. Infrastructure propelled the growth in digital consumption. Digital ad spends grew 34% to INR 154 billion and now contribute around 21% of the ad market. Digital subscription grew 262% to reach INR 14 billion. Video subscription revenues almost grew three times in 2018 to reach INR 13.4 billion, on the back of new and relaunched video streaming platforms, growth of smartphones, spread of affordable broadband, regional language content, exclusive content and live streaming of major cricket and other impact properties.

Mergers and Acquisitions:

The India M&E sector witnessed an interesting mix of deal activity in 2018 both on the traditional as well as the new media front. The number of deals in M&E in 2018 remained the same at around 40 though the deal value more than doubled in 2018 to US$2.8 billion from US$1.3 billion in 2017. 41% of deals were in the digital segment in 2018, compared to 30% of deals in 2017 while deals in the gaming segment came next with 20% of the deals. The digital segment has been at the forefront of deal activity as India’s demographic dividend in the form of smartphone users, internet penetration and improving bandwidth continues to grow exponentially. The consolidation wave in the M&E sector is expected to accelerate and continue as large media corporates strengthen their presence for achieving scale, reach and relevance. The sector is also gaining huge interest from global strategic players who want to be part of the rapid growth in this sector, on the back of greater availability of data.

Orissadiary.com |

FICCI welcomes the announcement of Odisha State Film Policy

Federation of Indian Chambers of Commerce and Industry (FICCI) has welcome the announcement of the State Film Policy by the Government of Odisha.

Monica Nayyar Patnaik, chairperson FICCI Odisha Media and Entertainment Committee and Co-chair of FICCI Odisha State Council said, ” This move will boost the whole ecosystem of entertainment industry of Odisha. FICCI congratulates the government of Odisha for coming up with the progressive policy for film making in the state. This was indeed a long standing demand of the industry and the need of the hour for the state”.

The government recognizes the potential of film making and through this policy aiming to provide an enabling policy framework as this industry has great forward and backward linkages in the economy and society. The Odisha State Film Policy -2019 was approved by the state cabinet headed by chief minister Naveen Patnaik on Tuesday.

As the policy supports the single Window Clearance Mechanism for film shooting in Odisha, development of film city, multiplexes, and cinema halls, and provides incentives for shoot in Odisha, it is a landmark policy which will boost the film industry and will play a big role in making Odisha a hub of entertainment activities in the country.

The government of Odisha announced that the State is going to have its film policy in the “Make in Odisha” event organized by the government with the support of FICCI in November last year. FICCI is honoured to have played a role in helping the government by presenting a policy recommendations draft based on industry inputs and best practices of various states in India.

FICCI is glad to see the outcome in record time and appreciates the efforts of the Government of Odisha and the principal Secretary, Shri Sanjeev Chopra, Principal Secretary-Industry, Government of Odisha to make this happen. It hopes that the industry stakeholders would take maximum benefit out of this and establish Odisha prominently on the map of Media & Entertainment in the country and the world.

Business Standard |

FICCI welcomes sharing of AIR news feed by Prasar Bharati to private FM radio channels

FICCI says this was one of the major demands of the FM Radio Industry

FICCI welcomes the move of Prasar Bharati and All India Radio to share news feed to the private FM radio channels free of cost, which has been announced yesterday. This was one of the major demands of the FM Radio Industry and FICCI had made several representations and raised this before the I&B Ministry and Prasar Bharati.

Anurradha Prasad, Member, FICCI Media & Entertainment Committee said, "We welcome move of Prasar Bharati & AIR. It's been a long and pending demand of private FM broadcasters to allow news. It's a forward step. On behalf of all FM operators, I thank the Ministry of Information & Broadcasting, Prasar Bharati, and All India Radio".

Business Insider |

India produces the largest number of films in the world - But a large section of its population still doesn't have access to cinema screens

‘Sanju’, ‘Padmaavat’, ‘2.0’ and, surprisingly, even ‘Race 3’ were the highest grossing Bollywood films in the year 2018. As a whole, India produces the largest number of films in the world — but a large section of its population doesn’t have access to theatres to cinema screens.

According to the FICCI Frames Report 2018, India only has 8,530 cinema screens in the country compared to over 40,000 in, both, China and the United States. The stark difference may be one the major reasons why India only has the fifth largest film industry in the world worth $1.9 billion, while the United States and China rule the top two spots worth $11.4 billion and $6.6 billion respectively.

Living in tier-I cities like Mumbai and Delhi, it might not be so noticeable but India is one the most under-penetrated markets with an average of only eight screens per million. And, the truth is that the larger proportion of the population lives in tier-II, tier-III and tier-IV cities — without ample access to cinema screens.

That means only around 30-35% of the country’s people have access to catch the biggest films when they hit the box office. The question becomes should India focus on the potential of 23,000 cinema screens that could potentially be put up — or is the culture of cinema dying after the disruption caused by video-on-demand or OTT platforms?

An opportunity for OTT

Sure, there’s space for cinema houses and OTT platforms to co-exist for a while but the doomsday clock has already started to countdown. The number of cinemas in the country has actually fallen from around 12,000 to 9,500.

Putting up new cinema screens requires time, investment and whole lot of infrastructure — and even then it’s a famine or feast kind of deal, where things could honestly go either way. But since mobile penetration has reached new heights and a large section of the population has access to some kind of smartphone, there’s potential for OTT platforms to make their mark.

When you’re talking about OTT platforms, it’s not just about Amazon Prime Video or Netflix — it’s also about the local players like Voot, Hotstart, Viu, Sony LIV, Eros Now, ZEE5, BigFlix and AltBalaji.

The average price of a movie ticket in India around ₹239 rupees, while the a subscription to Amazon Prime Video is a mere ₹129. On Hotstar and Voot, premium content such as new films and international shows are priced a monthly subscription of ₹200.

In fact, subscription revenues for networks this year were favourably impacted by the increased adoption of subscription to OTT platforms according to the FICCI report. The report estimates that by 2020, there will be almost four million digital only consumers that can generate subscription revenues of upto ₹20 billion.

Films like ‘Andhadun’, ‘Gold’, ‘Padmaavat’ and ‘Raazi’ were available on the platforms within weeks of their release.

Deccan Herald |

No data on workers in entertainment industry: Par Panel

Government does not have data on the workers in TV and broadcasting studios, which "lacked" even basic amenities, a Parliamentary panel has said.

It said that the "toil of these workers" are "never accorded its due as they are always behind the lens and not in front of it".

While around two crore artistes and workers are estimated to be working in broadcasting industry, the Parliamentary Standing Committee on labour has recommended that the ministries of labour and employment, as well as information and broadcasting, should conduct a nationwide survey to have an accurate data on these workers.

The ministry of labour and employment has told the panel that there was a problem in identification of these workers as most of them were working on "piece rate basis" where a worker is paid a fixed piece rate for each unit produced or action performed regardless of time.

The panel, which had conducted a study tour to Mumbai, was also disappointed at the condition of studios. During its visit, it was apprised of the pathetic conditions in which TV industry workers have to work.

"The studios lacked basic civic amenities, lending to unhygienic working conditions and lack of basic safety infrastructure, including firefighting equipment which posed a grave danger to their personal well-being and safety," it said.

The panel asked the two ministries to "work in tandem with all concerned agencies who accord statutory clearances to studios to ensure that infrastructure is up to the mark, so that the safety and welfare concerns of all people involved in television/broadcasting/ digital entertainment industry is adequately taken care of".

Quoting a FICCI report, the panel said the media and entertainment industry has reached Rs 1.5 trillion in 2017, a 13% increase from the previous year. It is predicted to cross Rs two trillion by 2020.

"While applauding the rapid growth of this sector and its positive impact on the economy, the Committee desires that the ministry of labour and employment and the ministry of information and broadcasting work in unison to ensure that the welfare and safety of workers of this vital sector is never compromised," it said.

live mint |

Multiplex count to double in south India by 2021

Earlier this month, Telugu superstar Mahesh Babu made his foray into film exhibition by launching Asian Mahesh Babu Cinemas, a seven-screen superplex in Hyderabad. In October, PVR Ltd started a 10-screen multiplex in Chennai, building on its acquisition of SPI Cinemas Pvt Ltd in August. Around the same time, INOX Leisure Ltd had launched a nine-screen multiplex in Coimbatore. These are only the most recent examples of a slow and gradual move that multiplex chains are making into the south of India, a territory so far dominated by single screens. About 70-75% of the exhibition sector in south India is currently taken up by single screens, as compared to 25% for multiplexes, say industry experts. The multiplex count is expected to double to 50% between 2019 and 2021.

To be sure, the box office success of south Indian language films, particularly this year, and the strong movie-going habit in the south, are responsible for multiplex players looking south.

“South Indian cinema has been doing exceptionally well, if you look at the last couple of years, it has probably been the most consistent in terms of delivering content, particularly Telugu,” said Rahul Puri, managing director, Mukta Arts and Mukta A2 Cinemas, that has a joint venture with south Indian distribution company Asian Group. Together, they have launched nine properties in Andhra Pradesh and plan to take it to at least 15 more cities in the next three years. A seven-screen property in Chennai is also on the cards next year.

Recent Telugu blockbusters like Bharat Ane Nenu, Rangasthalam and Aravindha Sametha Veera Raghava, all of which made between Rs 150-200 crore worldwide may have helped a lot of players who are looking at the south Indian market feel they are assured of content that is enough to get good occupancy rates.

Together, Tamil and Telugu cinema are close to the revenue of Bollywood, Puri said. According to the FICCI-EY media and entertainment industry report, Tamil and Telugu films clocked footfalls of 126 million and 240 million respectively in 2017. Also, the fact that south India is heavy on single screens shows that there is an opportunity to expand the multiplex footprint. Atul Mohan, editor of trade magazine Complete Cinema said single screens currently bring 75-80% of film revenue in the south.

“The south has always been a very fertile market, because people love their movies here. But for a very long time, a lot of these cinemas were being built, retail revolution was on the way. So now there is a sense of newer brands coming in, shopping experiences changing and out-of-home entertainment forming a new segment,” said Gautam Dutta, chief executive officer, PVR Cinemas. PVR has signed deals with real estate companies Prestige Group and Brigade Group, and is looking at opening screens in Mysore and Kochi and has projects lined up over the next five years with an investment of Rs. 3-3.5 crore per screen.

Bengaluru and Chennai are PVR’s biggest markets in the country, contributing 38% and 29% of its annual admits. Film viewers in the south are able to consume nearly four or five languages sometimes. Besides, their love for cinema is phenomenal and people consuming three films a week is not unheard of, which presents a great opportunity for multiplex owners.

“When you look at movie-watching, across other segments, the youth is predominantly strong but in the south this intensity stays with much older people as well,” Dutta pointed out.

But there are challenges too. PV Sunil, managing director of Carnival Cinemas, said while south India is incomparable in terms of footfalls, there are also inconsistencies when it comes to structure and functioning. Dealing with different GST and local body rates and distributor and exhibitor shares is tough. Carnival leads the multiplex race in Kerala with 52 screens, having opened one in Thiruvananthapuram last month. The plan is to move to Tamil Nadu with 50 screens over the next two years and invest about Rs. 150-175 crore in south India as a whole over the same period with expansion into smaller towns.

Most importantly, states like Tamil Nadu still impose a cap on ticket prices, with maximum rates stuck at Rs. 150-160. “We feel fairly restricted in being able to offer differentiated technologies in Tamil Nadu simply because the market doesn’t allow for that kind of investments to be made,” PVR’s Dutta said. “One could also argue that because of the price cap, there was a huge amount of fertility built into the system. But consumerism is on the rise, there are more and more people who are travelling abroad and experiencing new products, this is a bit of a deprived lot that has not been able to experience a differentiated product just because the state doesn’t allow it to happen.”

Yet the strengths of the market can’t be ignored: “Any opportunity to grow within the south is something that will always take precedence over growth in any other state of India simply because we find this soil to be the most fertile, the returns here are so much faster than any other market so clearly we’re open to any opportunity which is well evaluated, be it in the smaller towns or the bigger metros,” Dutta said.

live mint |

JioSaavn will help lower music piracy: Experts

Saavn Media Pvt Ltd, a subsidiary of Reliance Industries Ltd (RIL), announced the launch of JioSaavn, a streaming, entertainment and artiste platform that represents the official integration of JioMusic and Saavn.

Saavn was acquired by RIL in March this year after. The implied valuation of the combined entity stands at over $1 billion.

All current JioMusic and Saavn users will migrate to the integrated JioSaavn platform, which will be available across app stores, including the Jio app store, on JioPhone, as well as on the JioSaavn website. All users having access to the ad-supported product. Jio subscribers will gain access to free services of the integrated app, besides a 90-day extended free trial of JioSaavn Pro, the streaming service’s premium product.

“JioSaavn represents a turning point for the music streaming industry in India, as the country continues to experience accelerated technological innovation, rapid adoption of digital services and a digital music industry at par with global leaders,” said Akash Ambani, director, Reliance Jio, in a statement.

For industry experts, a large player like Jio promoting music streaming aggressively is good news.

“Piracy continues to be a big problem for the music industry. Streaming has already meant a revival of the music market in India and having low-cost streaming available on a large platform will inculcate in users the habit of using a good product and interface and push competitors to do more,” according to Jehil Thakkar, partner at management consulting firm Deloitte India.

The music streaming market has grown tremendously in the last two years to around 150 million monthly active users, a 10% penetration, according to Prashan Agarwal, chief executive officer at rival streaming service Gaana. “The market is expected to grow to 400 million users in the next two years. We believe that a competitive market is a healthy development as it will help deploy massive investments required on educating users to consume music legally. This will allow the market to grow much faster.”

According to the FICCI-EY media and entertainment industry report 2018, sale of music through digital channels accounted for around 65% of overall music sales in India in 2017. The industry is currently valued at Rs 1,280 crore and 93% of the people surveyed for a study by the Indian Music Industry reported using mobile devices for music consumption in 2017.

“We are very excited about the JioSaavn integration and hope it will push subscription-based (music) revenues in India, providing music labels the much-needed revenue line,” according to Vikram Mehra, managing director at music label Saregama India.

JioSaavn will continue to build on Saavn’s original programming and artist development platform, Artist Originals (AO), which the latter initiated in 2016.

“Since announcing our merger in March 2018, Jio and Saavn teams have been working to integrate and reimagine a combined platform in JioSaavn,” said Rishi Malhotra, co-founder and chief executive officer, JioSaavn, in a statement. “Today, we have one of the most personalised and capable media platforms in the world, an unmatched content catalog, regionalised editorial and original programming and music that’s redefining how artistes and creators connect directly with audiences worldwide.”

Factor Daily |

Prime Video wants to break new ground with local language content

As Amazon searches for new users, it is increasingly looking at India as a market, and entertainment continues to be its bait to get more customers to its platform, albeit through the Prime membership.

At Rs 999 of yearly subscription, Amazon offers ad-free movies and episodic content, music, exclusive deals on e-commerce and free faster delivery of goods at your doorstep.

Now the American e-commerce and entertainment giant is looking at regional or local content to attract new users, and get its existing users to keep coming back. “(Local content) is incredibly important,” said Vijay Subramaniam, head and director – content at Amazon Prime Video India. “India is diverse with multiple cultures. No customer is best served without taking into account.”

As India’s internet infrastructure matured, thanks to Reliance Jio, a large number of people started streaming content online, opening up a big opportunity for content-streaming platforms like Netflix and Amazon Prime Video. India already has 475 million smartphone users, but penetration is non-metro cities is still just 40-45%, leaving a lot of room for content creators and distributors to play. In metros, the penetration is a much higher 80-85%.

Both Netflix and Prime promise to offer movie-like experience in terms of stories and quality of the video, which will compel people to pay for their subscription services. The content business, however, for American streaming platforms India has been a tough nut to be cracked. Amazon has just been able to corner 5% marketshare by March 2018, according to Jana Mobile Majority Report. Netflix had 1.4%. Indian rivals like Hotstar reigned with 69.4% share, and SonyLIV (despite its patchy streaming service) had 13%.

Why not? According to Media Partners Asia, India’s digital video market is $700 million, which is to more than triple to $2.4 billion by 2023. As per the latest FICCI Frames Study, there are around two million paid digital subscribers across application providers including video platforms, and 1-1.5 million customers who have moved entirely to digital media. The number of people using only digital platforms is expected to burgeon to four million by 2020, and subscription revenue is expected to cross Rs 200 crore.

Regional, if film industry numbers are to be considered, will play a big role. According to consultancy firm Deloitte, the Indian film industry is dominated by Hindi movies, contributing 43% of the overall industry revenue, which is in excess of $2.1 billion. Half of the revenue comes from regional cinema, and the remaining 7% comes from international cinema.

Already local content is 70% of Prime Video’s mix in India, rest being English. “In that 70% our mix is evolving,” said Subramaniam. “On November 1, we added Kannada… The blend is changing fast. Prime is the fastest growing membership in the country… and video plays an important part of it.”

Originals, dubs

In a bid to attract new customers, Netflix has put its weight on Indian original content. It released Lust Stories (which centres around women’s sexuality), its first episodic series Sacred Games starring Saif Ali Khan and Nawazuddin Siddiqui, a horror-thriller Ghoul, among others, all originally in Hindi, and later dubbed in other languages.

Amazon is taking localisation a step further. Apart from making Hindi originals, Prime is looking at making originals in regional languages. It’s first – GangStars is a Telugu original, later dubbed in Hindi. Subramaniam does not want to disclose the exact number, but Amazon has more regional originals in the pipeline, especially in Telugu and Tamil. “Right now, our focus is Tamil and Telugu… We like to test and learn from our customers. A lot of work is already on the way,” he said.

One thing that Amazon wants to focus on is high-quality video even with regional content. “The experience of working with Amazon is like making a movie in 10 parts,” said Sanjay Reddy, managing director of Silly Monks Entertainment, producers of GangStars.

Reddy is not a newcomer to the digital world. Silly Monks runs 800 channels on YouTube, which also has a huge focus on regional videos and local talent. Reddy has also done two web series for Zee5 (Zee Network’s OTT platform), and is releasing his first digital-only movie 24Kisses. With all the experience it still wasn’t easy to get a break in Prime Video.

Of the half dozen stories he submitted, just one got accepted. It is important to stay true to the story and stay authentic, explained Subramaniam. “At the heart of any decision lies what our customers say and want. It is important for us to connect a Tamil story with our Tamil customers. That said, what we have learned that the more authentic our stories are, the more successful it becomes outside the community,” he added.

Meanwhile, Prime Video has also started offering regionals dubs of popular Hollywood movies such as Mission Impossible, Inferno, Transformers, The Dark Knight, among other hits. It has also dubbed its Hindi originals Inside Edge and Breathe in other regional languages.

There are other content platforms with a high degree of local language consumption. According to Vidooly, a digital entertainment tracker, Telugu videos are the most viewed in the entertainment category on YouTube. For example, Telugu movie Sarrainodu’s digital premiere on YouTube had over 183 million views.

India’s largest OTT platform, Hotstar, too has a big bouquet of regional content, but mostly from its parent Star’s regional television shows. It started focusing on regional content way back in 2016. At present, it has more than nine languages offering over a lakh hours of sports, TV shows and movies.

What if other OTT platforms catch up? “I don’t think we will run out of story ideas anytime soon,” Subramaniam said, without any hesitation. Prime already offers content in six local languages: Hindi, Tamil, Telugu, Marathi, Bengali and Kannada (Kannada was added on November 1). While Prime will continue to add more regional languages, it will also commission more originals in other languages.

Follow the population

Amazon has an easy metric to launch languages for Prime Videos. “…Tamil is the second largest population, followed by Telugu, Kannada, followed by Marathi,” said Subramaniam. “We are moving in that direction, which communities consume content and wish to be entertained in these languages. It is a sizeable market.” (Editor’s note: India’s population census, 2011, lists Bengali as the most spoken language in India after Hindi and English; followed by Telugu, Marathi, Tamil, and Urdu.)

When Amazon started adding new languages, it was from a learning that more people wanted to watch their regional movies. So Amazon started acquiring rights of regional movies and added to the catalogue. But, for soaps and serials, the viewers were happy with their television DTH provider. On Amazon, what they were looking for was high-quality finite fiction, stories that are cinematic in nature, but have multi-season potential. They wanted to consume a variety of genres that they can consume at ease, depending on the mood.

For Reddy, digital is still an evolving medium for a large portion of the country. But for a category, which is the youth, many of them have stopped watching television. GangStars was to attract them. “That was the population that we were targeting,” he said.

Reddy, however, does not deny that with the rise of Reliance Jio, internet consumption is becoming ubiquitous. For example, a housewife might not be sitting in front of the television to get her daily dose of entertainment. “She watches what she wants on her smartphone while cooking in the kitchen,” Reddy adds.

This changing behaviour and personalised video consumption are making companies like Amazon go deeper into India’s cultural fabric. But Amazon might not reap the benefits of investment in regional content soon.

Faisal Kawoosa, founder and principal analyst of technology research firm techARC, said that there are three kinds of people consuming content online: people who are paying for content, those who understand digital, and people who do not want to pay for content.

Local language content, according to Kawoosa, is largely for people who do not want to pay and consume videos on YouTube. “People inclined towards Netflix and Amazon are people who are looking for international content… local language content serves the tier-II and tier-III category of users,” he said.

Also, the smartphones used by people who are more interested in local language content is of a lower quality, which perhaps not great for viewing Netflix or Prime Video. “Local language content is a good add-on for people who want to want to watch English international content on these platforms,” said Kawoosa.

Subramaniam doesn’t completely agree. “At Amazon, our aim is to give you what you want, when you want, where you want, how you want,” he said.

Television Post |

Disney India launches HD Hindi movie channel

Disney Broadcasting India has launched a high definition (HD) Hindi movie channel UTV HD. The channel, which has a maximum retail price (MRP) of Rs 15, has gone live on direct to home (DTH) platforms Airtel Digital TV, Tata Sky and multi system operator (MSO) Fastway Transmission on 21 October.

It will be launched on other cable and DTH platforms in the coming days.

UTV HD’s core TG is NCCS 15-40 audience. The channel will showcase iconic Hindi movies and international dubs. It will also premiere a new movie every Friday.

UTV HD will be second HD channel from Disney India bouquet. It had launched Disney International HD on 29 October 2017. Disney has two SD Hindi movie channels UTV Movies and UTV Action.

Disney India Executive Director and Head-Product, Media Networks Devika Prabhu said, “UTV, promises viewers a legacy of wonderful stories, that have been loved and appreciated by all. Over the years, our movie channels have entertained viewers in Hindi with movies across the genres of action, drama and comedy. With the launch of UTV HD, we take our viewers into a world of limitless possibilities, where every scene and story comes alive in stunning high definition, through an extensive selection of movies from Bollywood, Hollywood and Asia.”

According to a BARC India study, the number of HD channels increased 41% during the October 2015 to September 2017 period. The viewership share of HD channels also grew by a whopping 169%.

The number of HD channels too has increased from 59 in 2015 to 83 in 2017. Of the available 83 HD channels, 50 channels have both SD and HD feed.

According to the report ‘The HD Landscape’, the youth in 22-40 year age bracket are among the biggest consumers of HD channels with a 35% share of HD viewership.

The report had also stated that the movie genre has second highest share of HD viewership at 22% after general entertainment which has the highest share of 62%.

Movie channels have the highest reach in both SD and HD while GECs have the highest time spent in HD. Among SD channels, the kids’ genre has the highest time spent.

With the launch of UTV HD, the number of HD movie channels has grown to seven. The other channels include Star Gold HD, Star Gold Select HD, Sony Max HD, Zee Cinema HD, &pictures HD, and Rishtey Cineplex HD.

According to EY FICCI report, the total number of HD subscribers has crossed 10 million, on the back of increased sale of large television screens of 40 inches and above, where the viewing experience requires higher quality content.

Deccan Herald |

Modernisation of Mumbai's Film City begins

The Film City of Mumbai, one of the most sought-after studio complex with indoor and outdoor facilities, will undergo massive modernisation at a cost of over Rs 2,600 crore.

The Maharashtra Government has set the ball rolling for the modernisation of Film City, that is internationally-known for the shooting of films, TV serials, reality shows and commercials.

The Film City is located at the Goregaon western suburbs of Mumbai and touches the Sanjay Gandhi National Park, the only national park of the world to be located within metropolitan limits.

A plan for the upgradation and modernisation of the Dadasaheb Phalke Chitranagari – as the Film City is formally known – was cleared in November 2017 at a high-level meeting presided over by Maharashtra Chief Minister Devendra Fadnavis.

The Maharashtra Film, Stage & Cultural Development Corporation Ltd (MFSCDC) has invited bids, the last date of which has now been extended till December 12, 2018, officials said. The MFSCDC would develop it in the design, bid, finance, operate and transfer (DBFOT) basis.

The execution would be monitored by the Chief Minister's Office, and the ministries of Cultural Affairs and Tourism.

During the Magnetic Maharashtra mega event in February 2018, the Film City was showcased before the Indian and international investors and consortium.

Spread across 521 acres, the Film City has practically every possible terrain that one can ask for. It has hills, lakes, bridges, long and winding roads and green expanse. Located between the Western Express Highway and Vihar Lake it is in the vicinity of the Sanjay Gandhi National Park and the Aarey Colony.

The Film City has nearly 40 different outdoor locations, 16 well-equipped sound-proof studios and 80 air-conditioned makeup rooms. Recording studios equipped with state-of-the-art dubbing and mixing facilities and editing suites for 16/35 mm films are also available.

On a day, there are 30 to 35 scheduled shootings and approximately 1,200 films are made every year. Over 70% of Indian motion pictures, TV serials and commercials are produced in Mumbai and the Film City accounts for 30 to 40% of it.

There are several permanent locations such as a temple, church, court, police station, jail, 'chawl', ATM centre, car parking, shopping arcade, a log hut, cottage, tribal village and multipurpose building exterior suitable for college, hospital and hostel entrance.

It may be recalled that 20-acre land was allotted for setting up an institution in association with the Ministry of Information and Broadcasting (MIB) and Federation of Indian Chamber of Commerce and Industry (FICCI) through the PPP model. The Indian Institute of Mass Communication (IIMC) would also be part of the project.

Indian Television |

Digitisation leading to higher HD adoption in India

High definition (HD) TV channels started launching in India years ago but it was only when digitisation happened on a large scale that the adoption of channels grew.

According to Broadcast Audience Research Council (BARC), the total HD count in India has increased to 83 channels currently from 59 channels in 2016, witnessing a growth of 41 per cent since 2016. The first HD channel was National Geographic HD in 2010.

Of the 83 HD channels, 34 are English, 13 channels are Hindi and 10 of them have multiple languages feed. On the other hand, 50 channels out of 83 have both SD and HD feed.

While the number of channels has gone up by 41 per cent, the viewership share has grown by more than 160 per cent. The reason behind this viewership growth is most likely technology and distribution. There were 10-12 million subscribers availing HD services at the end of FY18, according to FICCI KPMG’s Media & Entertainment report 2018.

The DTH players have been the front-runners in up-selling HD services to their customers, whereas MSOs only managed to garner about 1-1.5 million HD subscribers.

KPMG partner and head – media and entertainment Girish Menon said, “The new television sets coming in the market are all HD-ready in some form or the other. Even the set top boxes which are coming out, sold by the DTH and cable operators, are all HD boxes. In that sense, from a hardware perspective, the market is steadily moving towards HD. The second trend which is happening from the content perspective is that all the television channels are now essentially converting and up-scaling their feed into HD. The content available in HD is also increasing. You will see more HD conversions happening, SD subscribers shifting to HD and a greater proportion of HD subscribers that are going to come in.”

If we look at the market contributing to HD viewership this year, Andhra Pradesh and Telangana have the highest share of the pie with 18 per cent. Maharashtra and Goa contribute 16 per cent to the overall market.

“Maximum consumption in viewership is contributed by sports and GEC followed by movies. We will see more HD regional channels which will lead to growth of regional viewership. On the regional side, Tamil and Telugu markets will drive the HD growth,” he added.

GEC, movies and sports genre contributed 94 per cent to HD viewership this year with 59 per, 25 per cent and 10 per cent for each genre respectively.

The sports genre includes 12 HD channels in India across various broadcasters. As other sporting events apart from cricket are also gaining popularity among the youth, the consumption in HD is also increasing. The viewership share of sports genre is 10 per cent compared to 3 per cent share on SD channels.

The recently concluded FIFA WC 2018 led to a viewership growth of 1.5x on HD channels, compared to pre-FIFA weeks. IPL 2018 which took place earlier this year was telecast on more number of HD channels on Star India’s sports network and saw a 40x growth in HD Impressions over IPL 2017, according to BARC data.

As far as 4K technology is concerned, we are a long way off. “We are still seeing HD penetration growing. For 4K you need enough hardware and 4K TV, which at the moment are not there. Secondly, we don’t have 4K content directly available in India. We are three years away before we start seeing any traction in 4K technology,” he concluded.

live mint |

Netflix, Amazon Prime, others line up ₹300 crore ad blitz

The Indian arms of Netflix, Amazon Prime Video and other key video streaming platforms will spend an estimated ₹300 crore on advertising in 2018 to make individual viewing a habit instead of a fad, according to media buyers.

Advertising expenditure on mainline media is expected to be ₹250 crore, with an additional ₹50 crore to be spent on digital media this year collectively by the over-the-top (OTT) players, according to the estimates.

About 250 million Indians viewed videos online in 2017 and this number is expected to double to 500 million by 2020, according to a report by the lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) released jointly with consulting firm EY.

“Advertising in the OTT category is witnessing a steady growth led by television as major players are trying to make video streaming a habit by drawing away viewers from television,” said Navin Khemka, chief executive, Mediacom South Asia.

Amazon Prime Video has been spending on advertising since its launch in December 2016. Its first fully integrated campaign ‘India ka naya prime time’ ran across television, digital and outdoor in February last year. The second campaign series, which is running now, features a young couple accessing the latest films and other content, emphasising the anywhere, anytime viewing proposition.

“Our advertising strategy has been to build brand awareness as well as to highlight content features offered by Amazon Prime Video. Anybody who is looking for a reliable and affordable digital streaming service becomes our customer and we remain heavily invested in the market both from content and marketing perspectives,” said Vijay Subramaniam, director, content, Amazon Prime Video India.

Prime Video not only show the latest films in Hindi, English and regional languages, but also offers television series, shows for children and a web series created by Amazon Studios, which it calls ‘Amazon Originals’. The company has so far created shows such as ‘Breathe’ featuring actor R. Madhavan and Comicstaan featuring stand-up comedians like Tanmay Bhat and Biswa Kalyan Rath.

A host of independent OTT players, including ALTBalaji, owned by Balaji Telefilms, Tata Sky Mobile, and JioTV, are also advertising on television to promote the habit of on-demand viewing.

“One of the advantages that telcos enjoy over other video streaming apps is that we have a massive physical infrastructure/ distribution that is available across the country. Our 15 lakh Airtel outlets are also informing subscribers about the app. We continue to innovate our content strategy,” said Sameer Batra, chief executive, Wynk, the content business of Bharti Airtel.

An earlier campaign of the Airtel TV app focused on viewers streaming reality shows, cricket matches and news on their smartphones. Airtel TV offers shows, movies and original content from 300 television channels as well as OTT players such as Hotstar, SonyLIV, HOOQ and Eros Now.

Meanwhile, video streaming platforms owned by broadcast networks such as Star India (Hotstar), Viacom 18 (Voot) and Sony Pictures Networks India (SonyLIV) tend to spend mostly on print, outdoor and digital.

“Apart from having their own loyal viewers, OTT players like Hotstar, Voot and Sony LIV are heavily promoted on the channels within their own network. Most of these players tend to spend advertising money on print and digital,” concurred Mediacom’s Khemka.

Netflix has declined to elaborate on its advertising plans in India.

It has taken to television, outdoor and social media platforms Twitter, Facebook and Instagram recently to promote its two India originals, Sacred Games and Ghoul featuring A-listers such as Saif Ali Khan, Nawazuddin Siddiqui and Radhika Apte.

Netflix has leveraged outdoor with its hard-to-miss metro train wraps, digital screens at malls, airports and corporate parks, as well as bus shelters and multiple hoardings across high visibility traffic stretches in Delhi, Mumbai and Bengaluru.

Viacom18 Media Pvt. Ltd owned OTT platform VOOT, which plans to launch 18 original Hindi and regional shows within the next six months, relies heavily on its own television channels and print to build awareness about digital content.

“It helps us reach millions of viewers who are watching our shows on television and create awareness about personalised viewing which VOOT offers. We also leverage print to further build awareness about new shows or exclusive digital. Display advertising and social media platforms help to connect with viewers and drive conversations further,” said Akash Banerji, head of marketing, partnerships and licensing, VOOT, the streaming service operated by Viacom18 Media Pvt Ltd.

Moneycontrol |

Netflix, Amazon and other OTT platforms may spend Rs 300 crore on ad blitz

The Indian divisions of video streaming services including Netflix and Amazon Prime Video will spend about Rs 300 crore on advertising, to inculcate the habit of individual viewing in users, according to a Mint report.

The over-the-top (OTT) services will spend Rs 250 crore for advertisements in the conventional media and an additional Rs 50 crore on digital advertising.

According to a report by FICCI and EY, 250 million Indians viewed videos online in 2017, and this number would double by 2020.

After its launch in December 2016, Amazon Prime Video ran advertisements across media with the tagline ‘India ka Naya prime time’. In its new advertisement series, a young couple watches films and TV shows, focusing on the ‘anytime, anywhere’ aspect.

Vijay Subramaniam, Director of Content at Amazon Prime Video India, told the paper, “Our strategy has been to build brand awareness as well as to highlight content features of Prime. Anybody who is looking for a reliable and affordable digital streaming service becomes our customer and we remain heavily invested in the market from content and marketing perspectives.”

Younger players in the industry like ALTBalaji, Tata Sk Mobile and Jio TV are also advertising on television to encourage individual viewing.

Video streaming apps controlled by broadcast networks like Hotstar (Star India), Voot (Viacom 18) and SonyLIV (Sony Pictures Network India) mostly spend on advertisements in the print, outdoor and digital space.

Bharti Airtel’s AirtelTV ran advertising campaigns on streaming of reality TV shows, cricket matches and news on their phones. Sameer Batra, Chief Executive of Wynk, the content business of Bharti Airtel, told the paper that telcos have it easier than streaming apps due to the readily available physical infrastructure/distribution. “Our 15 lakh Airtel outlets are also informing subscribers about our app,” he said.

Netflix India has covered all bases, with a special focus on social media handles Twitter, Instagram and Facebook, to promote its Indian originals Sacred Games, Ghoul and Lust Stories.

You can also see large posters on metro trains, buses, digital screens in malls, airports and corporate parks, bus shelters and multiple hoardings across high visibility traffic stretches is New Delhi, Mumbai and Bengaluru.

VOOT, which plans to launch 18 original Hindi and regional shows within the next six months, relies heavily on its own television channels and print to build awareness about digital content.

live mint |

Twitter signs 12 premium video content partnerships in India

Micro blogging platform Twitter on Tuesday announced that it has forged over 50 premium video content collaborations in the Asia Pacific of which 12 are with Indian partners for live streaming and video highlights programming in sports, entertainment and news.

Among the Indian partners, Twitter has signed on Shah Rukh Khan’s production house Red Chillies Entertainment, Viacom18’s music platform Vh1 Supersonic, Comic Con India, Network 18, news publishers such as NDTV, Filmfare and mobile app for cricket CricBuzz.

“The Asia Pacific is accelerating growth for Twitter. Our unique and strategic value proposition that positions Twitter as a complement, not competitor to traditional media companies, has delivered great success and we seek to drive forward with more live stream and premium video content partnerships in the region,” said Kay Madati, global vice-president of content partnerships, Twitter.

The announcement, made at an event in Singapore, expands the premium video content available on Twitter to advertisers in the Asia Pacific and builds on extensions of existing global and regional content deals.

Video continues to be an important way to stay informed and engaged on Twitter, said Maya Hari, vice-president for Asia Pacific, Twitter.

Saugato Bhowmik, business head at VOOT Kids OTT service, consumer products and live entertainment, at Vh1 Supersonic, said Twitter has been their most engaged and active social media platform.

“Twitter has played a pivotal role in helping generating buzz and excitement. The year 2018 saw our collaboration with Twitter translate beautifully on ground to create live content. We are excited to see an extension in our partnership with Twitter to build brand Vh1 Supersonic on a larger scale,” he said.

There has been a greater focus on online video consumption as an increasing number of Indians are spending time watching online videos. About 250 million Indians viewed videos online in 2017 and this number is expected to double to 500 million by 2020, according to a report by Federation of Indian Chambers of Commerce and Industry (FICCI) released jointly with consulting firm EY.

To leverage this growing market, social media platforms such as Facebook and Instagram have launched various video products (live videos, stories and long form videos) providing users an option to keep users engaged on their platforms.

Google owned YouTube continues to be one of the biggest platforms for video content on the internet, both for advertisers as well as content creators. A host of over-the-top (OTT) video streaming platforms such as Netflix, Amazon Prime Video, Hotstar and SonyLIV are also riding on the popularity of online video consumption in the country.

Moneycontrol |

With focus on quality content, regional films pick up pace

Time and again, regional cinema has proved its might in the film industry when it has forced Bollywood to take a back seat. Be it on the home turf or in the overseas market, it is no more a one-sided game as the regional film industry is gaining prominence.

Take the example of Shu Thayu, which is setting a new benchmark for Gujarati films. With 900 shows on 212 screens, the movie collected Rs 2.52 crore in two days of its release.

Despite the limited release, Shu Thayu continued its strong momentum and collected Rs 6.51 crore within four days of release. Bollywood films that released alongside —Happy Phirr Bhag Jayegi and Genius — managed over Rs 13 crore and Rs 3 crore from 1,550 and 800 screens respectively in four days.

Another regional film that needs a special mention is Telugu romantic comedy Geetha Govindam. It remained the first choice for moviegoers in the United States and sidelined all new Indian releases and holdovers. In the US market alone, Geetha Govindam raked in over Rs 26 crore in two weeks. Worldwide, the film has done business worth Rs 93 crore.

Tamil film Kolamaavu Kokila was shining bright in key international markets and, until August, generated revenue of Rs 1.28 crore in the US, Rs 25.29 lakh in Canada, Rs 25.72 lakh in Australia and Rs 43.94 lakh in the United Kingdom.

Punjabi comedy Mar Gaye Oye Loko too saw a strong opening in August at Rs 1.8 crore.

While Bollywood is putting its best foot forward, its regional counterpart is providing quality content with commercial treatment and serving it to the audiences with local language jokes, nuances and gags that go a long way in establishing a connection with people in a particular region.

A similar trend was seen last year in the regional film space. The industry’s share in the overall domestic theatricals ranged between 45 and 50 percent last year with Tamil, Telugu and Malayalam contributing to 70 percent of regional domestic theatrical revenues, according to FICCI report ‘Media Ecosystem-The walls fall down’.

According to Rahul Puri, MD at Mukta A2 Cinemas, the contribution of key regional markets to the overall industry performance has grown by five percent in recent years. Compared to Bollywood, films from key regional markets are less city-centric.

Other regional markets such as Bengali, Punjabi, Marathi and Gujarati have been showing strong growth supported by wider releases, more multiplex release windows and stronger focus on quality content.

Deccan Herald |

Now watch Comic Con, cricket shows live on Twitter

Riding big on the explosive growth in online video consumption, social media giants are racing ahead with tie-ups to offer live-streamed sports, news and entertainment programmes. Twitter on Tuesday announced over 50 premium video content collaborations in the Asia Pacific, 12 of them with Indian partners.

You could soon see Twitter live-stream to your mobile phones such blockbuster events such as the Comic Con India, where the comic world comes alive. Bengaluru is big on the annual Comic Con list, with its trendy mishmash of cosplayers, illustrators and comic book creators.

Twitter’s tie-up with Cricbuzz, the leading mobile app for cricket, will have live episodes and clips of the game stream straight right through the social media platform’s mobile app.

On Twitter’s agenda are shows and clips from the forthcoming Asia Cup, India’s home series against the West Indies and India’s tour to Australia.

The deal with NDTV Tech would mean premium tech content from Gadget360. As part of its tie-up with Twitter, ScoopWhoop will create its first-ever Live Deepavali show exclusively on Twitter. The partnership with Shah Rukh Khan’s production house, Red Chillies Entertainment, will see the launch of video content from the upcoming Hindi film, Zero, on Twitter.

Twitter’s video deals come less than a month after Facebook beat Sony for rights to stream matches of the Spanish football league in India for free. It had marked the company’s latest foray into online sports streaming.

The partnerships were announced at the TwitterFronts event in Singapore. Kay Madati, Global VP of Content Partnerships, Twitter, articulated the logic behind the partnerships: “Content programming and distribution on Twitter is an essential part of any media company’s audience engagement and content monetization strategies.”

But Twitter’s strategy is not to be in competition with the content providers. As Madati explains: “It positions Twitter as a compliment, not a competitor, to traditional media companies.” The reason is obvious. Explains Maya Hari, Twitter’s VP, Asia Pacific: “Video continues to be an important way to stay informed and engaged on Twitter, especially for the younger millennial audience.”

An estimated 250 million Indians had watched videos online in 2017, says a report by the Federation of Indian Chambers of Commerce and Industry (FICCI). This is expected to touch 500 million within the next two years.

India Finance News |

Twitter signs 12 premium video content partnerships in India

Micro blogging platform Twitter on Tuesday announced that it has forged over 50 premium video content collaborations in the Asia Pacific of which 12 are with Indian partners for live streaming and video highlights programming in sports, entertainment and news.

Among the Indian partners, Twitter has signed on Shah Rukh Khan’s production house Red Chillies Entertainment, Viacom18’s music platform Vh1 Supersonic, Comic Con India, Network 18, news publishers such as NDTV, Filmfare and mobile app for cricket CricBuzz.

“The Asia Pacific is accelerating growth for Twitter. Our unique and strategic value proposition that positions Twitter as a complement, not competitor to traditional media companies, has delivered great success and we seek to drive forward with more live stream and premium video content partnerships in the region,” said Kay Madati, global vice-president of content partnerships, Twitter.

The announcement, made at an event in Singapore, expands the premium video content available on Twitter to advertisers in the Asia Pacific and builds on extensions of existing global and regional content deals.

Video continues to be an important way to stay informed and engaged on Twitter, said Maya Hari, vice-president for Asia Pacific, Twitter.
Saugato Bhowmik, business head at VOOT Kids OTT service, consumer products and live entertainment, at Vh1 Supersonic, said Twitter has been their most engaged and active social media platform.

“Twitter has played a pivotal role in helping generating buzz and excitement. The year 2018 saw our collaboration with Twitter translate beautifully on ground to create live content. We are excited to see an extension in our partnership with Twitter to build brand Vh1 Supersonic on a larger scale,” he said.

There has been a greater focus on online video consumption as an increasing number of Indians are spending time watching online videos. About 250 million Indians viewed videos online in 2017 and this number is expected to double to 500 million by 2020, according to a report by Federation of Indian Chambers of Commerce and Industry (FICCI) released jointly with consulting firm EY.

To leverage this growing market, social media platforms such as Facebook and Instagram have launched various video products (live videos, stories and long form videos) providing users an option to keep users engaged on their platforms.
Google owned YouTube continues to be one of the biggest platforms for video content on the internet, both for advertisers as well as content creators. A host of over-the-top (OTT) video streaming platforms such as Netflix, Amazon Prime Video, Hotstar and SonyLIV are also riding on the popularity of online video consumption in the country.

Moneycontrol |

After Maharashtra, Telangana asks multiplexes in Hyderabad to sell food items at MRP

While the media and entertainment (M&E) industry has offered tremendous growth potential of late, one money-churning segment in this space is likely to experience headwinds.

Shortly after Maharashtra government announced that multiplexes will have to allow outside food in theatres and not overcharge for food items, Telangana has followed suit and has announced that food and beverages will be sold at MRP (maximum retail price) from August 1 in all multiplexes and single screen theatre canteens.

During a meeting on Tuesday, the controller of State Legal Metrology department Akun Sabharwal directed multiplex theatres to this effect.

However, popcorns will not be sold at MRP as it is not a packaged item.

From July 25, no food item will be sold in small, medium, big and jumbo categories but the weight of the food item will be mentioned.

In case multiplexes in Hyderabad do not adhere to the new rules, moviegoers can register a complaint on the toll free number 180042500333 or WhatsApp No.7330774444.

The exorbitant charges for food and drinks at multiplexes has been a contentious issue. After multiple complaints, the Bombay high court had earlier this year, said that food and beverage prices in theatres should be regulated.

However, what may come as a relief to moviegoers can put a lot of pressure on the theatre industry that gets a significant share of profits from this segment.

Multiplex chains have seen a steady increase in contribution from F&B in overall revenues over the years, said a 2017 FICCI-KPMG report.

To increase growth in this high margin revenue stream, these chains have expanded their F&B menu, introduced live kitchen counters, increased point of sales distribution all over cinema and used technology in the F&B process.

live mint |

Big festive weekends no longer Bollywood's domain

Big-ticket Bollywood films are no longer the only ones vying for extended festive weekends to bring in greater box office returns. Traditionally, big budget and star cast Hindi films have cashed in on occasions like Eid, Christmas, Diwali, Dussehra and national holidays where trade experts say, the festivity of the opening weekend can bring 40-45% of the movie’s ultimate business. Big Bollywood filmmakers have also ensured adequate window periods before and after the release of their films to maximize business. But while the potential of the holiday weekend remains, the competition has grown.

This Dussehra, director Vipul Amrutlal Shah’s romantic comedy Namaste England starring Arjun Kapoor and Parineeti Chopra will clash with Hollywood adventure fantasy Mowgli. Shah Rukh Khan’s much-awaited Zero, slated for Christmas, will arrive in theatres alongside DC’s superhero flick Aquaman.

Even Aamir Khan’s big Diwali release Thugs of Hindostan will not have an uninterrupted run for very long. The action adventure will have to compete with fantasy drama Fantastic Beasts: The Crimes of Grindelwald within a week of release, unlike earlier when big festival Bollywood releases would dominate theatres for at least two weeks at a stretch.

More immediately, the two Independence Day releases, Akshay Kumar’s Gold and John Abraham’s Satyameva Jayate will face stiff competition from action thriller Mile 22 that arrives a week later.

“Of course, everyone wants a solo release but that is going to increasingly become a rarity in the industry now,” said trade analyst Taran Adarsh.

“There are only limited weeks and holidays in the year but time has proven two good films can always coexist.” Atul Mohan, editor of trade magazine Complete Cinema, emphasized the increasing potential of Hollywood films to set the cash registers ringing, with or without competing films, a factor that studios have begun to consider when pushing these movies for festive weekends in India.

“India has emerged as one of the biggest markets for Hollywood in recent years,” Mohan said. “Access to social media ensures everyone knows about foreign films and dubbed regional language versions almost make it seem like there are multiple big films releasing.”

Moreover, Hollywood studios now spend generously on marketing and localizing their films for Indian audiences, Mohan says some marketing budgets are only slightly lower than the total cost of production of a Hindi film.

Given the rise of Hollywood in the country, the movies have gone from notching up screen counts of 800 to nearly 2,000 in recent years. According to the media and entertainment industry report by lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) and consulting firm Ernst and Young, the box office collections of Hollywood, inclusive of all regional language dubbed versions, totaled Rs 8.01 billion in 2017, comprising 13% of the overall movie box office in the country.

Earlier this year, Marvel’s superhero flick Avengers: Infinity War had emerged as the highest Hollywood grosser ever in the country with lifetime collections of Rs 227.43 crore, much higher than many local films.

Not all is lost for Bollywood though. Adarsh said the success of recent films like Sanju (Rs 339.93 crore), Raazi (Rs 123.84 crore) and most importantly, Baahubali 2: The Conclusion (Rs 510.99 crore) shows that while holidays are an advantage, good content runs on regular weekends too.

“The challenges are getting bigger and clashes will happen,” Mohan said. “The point is the industry has to pull up its socks, when you buy a Rs 300 theatre ticket, the storytelling has to be worth the money, otherwise you can go back to the monthly digital service subscription that costs less.”

live mint |

Hollywood sees India's box office as Mission Possible

There seems to be no stopping the fantastic run Hollywood is having at the Indian box office. Tom Cruise’s latest action film Mission: Impossible--Fallout has notched up opening weekend collections of Rs. 36.25 crore in the country, which in the words of trade website Box Office India, is excellent. The previous MI installment Mission: Impossible--Rogue Nation had made Rs. 25.25 crore in its first three days when released in 2015.

“Mission accomplished, Hollywood scores yet again as Mission: Impossible--Fallout opens bigger and better than Hindi releases, also makes a dent in the business of holdover titles,” tweeted trade analyst Taran Adarsh.

The Hindi releases of the week--Tigmanshu Dhulia’s romantic thriller drama Saheb, Biwi Aur Gangster 3 and romantic comedy Nawabzaade--managed collections of Rs. 5.4 crore and Rs. 2.05 crore over the weekend, respectively.

To be sure, Fallout is the latest feather in the Hollywood cap in India. Earlier this year, Marvel’s superhero flick Avengers: Infinity War had emerged as the highest Hollywood grosser ever in the country with lifetime collections of Rs. 227.43 crore. The film had made Rs. 94.30 crore in its opening weekend. Other Hollywood hits this year include Marvel’s superhero films Black Panther and Deadpool 2 that earned Rs. 52.53 crore and Rs. 58.08 crore, respectively.

According to a media and entertainment industry report brought out by lobby group FICCI along with consulting firm EY, the box office collections of Hollywood, inclusive of all regional language dubbed versions, totaled Rs. 8.01 billion in 2017 as against Rs. 7.95 billion in 2016, comprising 13% of the overall movie box office in the country.

“Tom Cruise is a big star in India and everyone is aware of how well made a franchise Mission Impossible is,” said film trade and exhibition expert Girish Johar. “Plus, the fact that big-ticket Hollywood films are now released simultaneously in India ensures good traction if the buzz is positive globally, which is the case with Fallout.”

The Christopher McQuarrie directed film has made more than $153 million worldwide in its opening weekend.

“Though the Hindi films of the week were no competition, past record has shown that big Hollywood films can today easily surpass Bollywood offerings in India,” Johar said predicting Rs. 50 crore Week One earnings for Fallout.

live mint |

Consolidation to benefit the FM radio sector

Last week, HT Media Ltd, the publisher of Mint and Hindustan Times, proposed to merge its radio arm with Mumbai-based Next Mediaworks Ltd. While HT Media owns the popular Hindi radio channels Fever 104 FM and Radio Nasha, with a dominant presence in the metros, Next Mediaworks through its subsidiary, Next Radio Ltd, operates FM stations in Delhi, Mumbai, Kolkata, Chennai, Bengaluru and Pune under the Radio One brand. The proposal is to move 13 stations of the two companies into Next Mediaworks in a strategic merger under an already listed radio firm. HT Media and its shareholders will own a 74% stake in the merged entity, while Next Radio and Next Mediaworks will hold the rest.

It is indeed a good time for consolidation in the FM radio sector. On 31 March, the deadline for the lock-in period that had disallowed the sale of radio stations ended for channels launched under phase II auctions of radio privatization. This allows for private FM radio companies to buy and sell stations. In an earlier column on the issue, some radio operators had said that they expected heightened deal activity post the deadline, while others had said the momentum may be slow. However, Jehil Thakkar, partner at Deloitte India, says: “You will see more stand-alone stations and smaller chains getting merged with national players.”

Although Prashant Panday, managing director and chief executive officer of Entertainment Network (India) Ltd (ENIL), which operates Radio Mirchi, feels that there will only be small deals in the future with some firms plugging their portfolio gaps, consolidation will be good for the industry. “There are 35-40 players, so there’s need for consolidation. It should be good for the industry, generally speaking. Fewer players will help reduce wasteful expenses, lead to more programming variety and put in more efforts in building the industry,” he says.

Consolidation makes sense, as the earlier premise that radio is a very local medium and, therefore, will attract lots of local advertising, did not actually materialize. While there may be a local component in terms of advertisers, it is largely national brands that advertise on radio. So a national footprint is essential. “And that is driving consolidation,” says Thakkar. Consolidation helps in other ways too: It rationalizes the cost structures. Besides, a radio firm can offer a better proposition to an advertiser in terms of specific consumer segments. That is not all. “It allows for greater ‘rate’ leverage. Radio operators can hold their rates better and not get beaten down in an extremely competitive market,” he says. Since radio works on reach and perception, “scale becomes very important”, adds Thakkar, commenting on the merits of consolidation.

According to Anita Nayyar, chief executive officer at Havas Media Group (India and South Asia), after print, radio has the second-highest ad-attention and is the most accessed medium, especially across the metros, with listeners on-the-go tuning in five days a week. “There is a fast growth of population in the metros that is out of home (car population rising, more traffic on the roads) leading to a captive audience for radio, and radio being the best way to reach rich audiences,” she says.

According to the 2018 FICCI-EY report on media and entertainment, around 60% of the radio segment revenues are generated by the top 10 cities. Besides, the effective rates of metros can be over 10 times the rates of smaller cities, the report added.

Yet, challenges for the sector remain. With increasing smartphone and broadband availability, the threat from music streaming apps continues. However, Nayyar says that while challenge from digital platforms such as Saavn and Gaana cannot be ignored, radio continues to be a spontaneous and engaging medium with instant results. “It is interactive, free-of-cost and local,” she says.

The other challenge for radio companies is to increase their ad rates as they can no longer expand their ad inventory for the fear of losing audiences. Besides, regulatory issues also remain.

“Part 2 of Phase III auctions hasn’t happened. We still do not have radio in small towns,” says Thakkar. There aren’t enough radio stations in the big cities either. While major cities around the world have more than 25 stations each, metros such as Mumbai, Delhi and Bengaluru barely have 9-10 channels. Says ENIL’s Panday, “More channels will give programming variety, get in more advertisers and increase listenership.” Besides, the government must put up more channels for auction, cut down the high reserve fee and allow news on radio for the industry to flourish.

live mint |

Rural Indians are not giving up their television sets that easily: Barc

At a time when Netflix and Amazon Prime Video are battling it out for mindshare in India’s urban homes, good old television viewership continues to grow, especially in the countryside.

Television viewership in rural India rose 10% between 2016 and 2018 while that in urban areas grew 4% over the same period, the Broadcast India 2018 Survey conducted by Broadcast Audience Research Council India (BARC) showed.

TV penetration rose from 99 million to 109 million in rural India, and from 20 million to 21 million in the mega cities—Delhi, Mumbai, Kolkata and Bengaluru—during the period, the viewership monitoring agency said. The survey also shows a 6.9% increase in male TV viewers (from 401 million to 429 million) versus a 7.5% jump in female TV viewers (from 378 million to 407 million).

The viewership figures come at a time when many people have switched to online streaming. FICCI-EY’s media and entertainment industry report in 2017 estimates 481 million Internet users in India, with 186 million rural and 295 million urban users. The number of smartphones sold in the country by the end of December 2017 were 127 million while 250 million people viewed videos online in 2017 for news as well as entertainment. But obviously, TV isn’t going away in a hurry.

“One reason for the preference for TV is the size of the screen, sound and picture quality,” said Abneesh Roy, an analyst with Edelweiss Securities. “Only if the household has one TV set does the phone come in,” he said, adding that the advent of state broadcaster Doordarshan’s free-to-air direct-to-home platform DD Free Dish is hugely responsible for the continuing dependence on TV in rural areas. Apart from spending once on equipment such as a set-top box and a dish, Free Dish consumers do not need to pay any monthly subscription fee. Rural audiences are, therefore, hooked to the dated content on these channels.

“I think this data needs to be looked at in finer, nuanced, qualitative ways. For example, even if TV viewership is growing in absolute numbers, what is the kind of time spent and lapsed or how many daily active users there are and in which regions,” said Sameer Nair, chief executive officer at content studio Applause Entertainment, which makes shows for video-streaming platforms. Nair added that television may be a staple in most homes but is also an ageing medium. “The television and digital media are already co-existing, it’s a matter of how much time people give to what,” he said.

While Bihar and Jharkhand remain India’s lowest TV penetrated markets, growth since 2016 has been the highest in these two states at 24% (from a combined 6.5 million TV households to 8 million), followed by Assam, Sikkim and the north east at 20%. Like in 2016, south Indian states such as Karnataka, Kerala and Tamil Nadu have the highest TV penetration at over 91%. Andhra Pradesh and Telangana have also joined the list this year.

The BARC survey saw a rise in other indices too—the number of TV-owning individuals grew by 7.2% (from 779 million to 835 million) while the total number of TV homes in India increased by 7.5% (from 183 million to 197 million).

Orissa Post |

Growing appeal of animated films

Who hasn’t enjoyed movies such as The Lion King, Toy Story, Finding Nemo and The Incredibles, all created at various Hollywood studios? Over the years, animated films have fascinated audiences the world over. Today, the emerging hubs of the global animation industry are to be found in countries such as China, South Korea and India.

A recent report on India’s media and entertainment sector, compiled jointly by FICCI and Ernst & Young, has a whole section devoted to the rapid rise of the animation industry. Incredibles 2 released last month in India across more than 925 screens in English, Hindi, Tamil and Telugu has collected more than Rs. 30 crore till date, surpassing the collection of Kung Fu Panda 3 and becoming the highest grossing animated film in India. Of the total collection, 34 per cent came from the film’s dubbed version.

According to the report, Hollywood’s film revenue in India driven by dubbed versions grew by over 10 per cent in 2016 and has been growing substantially every year. The Indian market is diverse, comprising several powerful regional centres. Local audiences are keen on watching Hollywood films in their own language. Dubbing these films into regional languages helps Hollywood to penetrate newer markets and attract a bigger audience. For example, the dubbed versions of The Jungle Book contributed to 58 per cent of its total earnings in India. In fact, in the first week of its release, the dubbed versions accounted for 52 per cent of the collection compared to 48 per cent from the English version.

Animated films which were once considered to be for the educated, multiplex and family audiences are now released in single screens catering to B and C centres too.

OTT & digital platforms such as Netflix, Amazon Prime Video and VooT have also increased their Indian animation content. Amazon Prime has partnered with Green Gold Animation to commission exclusive animated series of its popular IPs such as Chhota Bheem. Netflix signed up Green Gold to produce Asia’s first animation original with their own IP – Mighty Little Bheem – to be syndicated in over 190 countries.

Talking to Sunday POST, R K Chand, Head of Business Development, Golden Robot Animation Pvt Ltd, elaborated on the growing popularity of animated films in India: “The most important aspect of animation as a genre is that it appeals to people of various age groups, be it kids, youngsters or grandparents. An animated movie may be made primarily for kids, but it usually has elements of storytelling and action for adults. Besides, it has unique and original characters.”

About many well-known Bollywood stars lending their voices to animated films, he said, “Dubbing plays a secondary role as compared to the story, visuals, music and the entertainment factor. The voice must fit the character, however. A voice will not appeal to the audience just because it is a film star’s.”

Chand pointed out that TV industry animation has more original content and locally created shows.

Talking about the marketing strategy for dubbed animated films, he said that India is a very diverse market and almost all animated films are released in English, Hindi, Tamil and Telugu languages. Other than using well-known local celebrity voices in the films, the producers undertake a lot of other marketing and publicity activities including film trailers in the theatres, newspaper advertisements, public relations campaigns, brand associations, social and digital media campaigns. The entire marketing mix is strategically implemented to reach the maximum number of people before the release of the film, he said.

Trade analyst Atul Mohan says that there is no doubt that the performance of animated movies has shown a remarkable growth. He attributed this to three major factors: firstly, a rise in the number of multiplexes; secondly, the superior quality of animated films which Hollywood brings out; and lastly, the storyline. He said that when top actors lend their voices to popular characters, it builds anticipation among the audience. In the past, Priyanka Chopra, Nana Patekar, Irrfan Khan and Om Puri have dubbed for The Jungle Book. Akshay Kumar and Shah Rukh Khan dubbed for The Incredibles 1. For Incredibles 2, Disney roped in Bollywood actress Kajol to lend her voice to Helen (Elastigirl).

Sushil Kumar Agrawal, CEO, Ultra Media & Entertainment Group said, “India has a fair appetite for good animated films made in different languages if the story is engaging and told in the regional language. Hence, we are releasing a well-known Ukrainian film The Stolen Princess in English, Hindi, Tamil and Telugu in India. The film has been very well received globally. It’s an engaging fairy tale, where the protagonists are involved in several adventures. It will appeal to children, teenagers and other age groups too. The arresting visuals will add to the appeal. We have also acquired other animated films from around the globe, which we will be releasing in theatres in due course of time.”

Deepak Panigrahi, visual effects compositor, who has created some scenes in Hollywood movies like Avengers: The Infinity War, Pacific Rim Uprising, Blade Runner 2049, Fast & Furious 8, Assassin’s Creed, Huntsman Winter War and Wrath of Titans, says that the fan base for Hollywood animated films is growing in India.

When asked whether the Odia film industry has scope for animation, he says, “The first and foremost thing required is manpower with the right skills and the Odia industry lacks that. Besides, animation requires a huge investment. There should be a substantial audience that appreciates animated movies too.”

Financial Express |

HT Media, Next Mediaworks to merge radio units

HT Media and Next Mediaworks on Wednesday announced the signing of the binding term sheet for their proposed merger of radio businesses – Radio Fever/Nasha and Radio One. The merger is subject to approval by the respective board of directors and shareholders besides regulatory approvals from the ministry of information and broadcasting and NCLT.

As part of the deal, it has been proposed to merge seven metro stations of Fever and Nasha and six stations of Radio One into Next Mediaworks, thereby creating a new and already listed radio company.

HT Media, which runs Hindi radio stations under the brands Fever and Nasha, operates two stations in Delhi, two in Mumbai, one each in Kolkata, Chennai and Bengaluru. Radio One, which is an international format FM network in English, operates six stations – in Delhi, Mumbai, Kolkata, Chennai, Bengaluru and Pune.

“Radio One’s merger with our metro operations gives us both a complete bouquet across English and Hindi in all of the country’s biggest radio markets and will help us serve listeners and advertisers better. Such consolidation is another sign of the growing maturity of the radio market,” said Shobhana Bhartia, chairperson and editorial director, Hindustan Times.

Based on the definitive term sheet, HT Media and its shareholders will hold 74% while Next Radio and Next Mediaworks’s shareholders will hold 26% in the merged entity. During the interim period till requisite approvals are obtained, both entities will continue to operate independently under the current management structure.

Harshad Jain,CEO, Fever FM and Vineet Singh Hukmani,CEO, Radio One, will continue to function in their respective leadership roles. Also, the ad sales team of both radio firms will operate independently and will not sell any combined ad inventory. “There is a strong operating logic for this combination – multiple formats in the most lucrative urban markets in the country with all the cost synergies and complementary skills to better service listeners and advertisers,” said Tariq Ansari, chairman, Next Mediaworks.

According to filings with Bombay Stock Exchange (BSE), HT Media’s radio business reported turnover of Rs 1,388.5 crore in FY18, while Next Mediaworks, the parent of Next Radio (Radio One), posted a turnover of Rs 1.88 crore. Next Radio’s turnover stood at Rs 79.6 crore in FY18.

According to FICCI-EY report, radio industry in terms of advertising revenue is valued at Rs 2,580 crore in CY2017 and is expected to reach the Rs 2,840-crore mark by end of CY2018. Fearing a drop in listenership as listeners move to OTT music streaming space, private FM radio broadcasters have begun to air fewer advertisements. From 18-20 minutes for every 60 minutes of programming, advertisements now account for just about a fourth of the time every hour. However, in an effort to protect their toplines, they’ve upped advertising rates by about 7-8%. In some smaller markets, the rates are up by as much as 20%. In absolute numbers, though, the increase isn’t too much because prime time spots in the metros cost between Rs 800 and Rs 1,200 while in the smaller towns the rates are only Rs 200 to Rs 300.

“The merger will allow the new entity to command a high ad rates, as it will have English channels and provide advertisers in metros with a complete package of content, which includes both Hindi and English,” said Jehil Thakkar, partner, Deloitte.

English content-based FM network like Radio One commands a higher ad rate in the range of Rs 1,500 – Rs 1,700 for per ten ad second spot. Also, the addition of newer stations will further increase the ad inventory allowing to play more songs.

Asheesh Chatterjee, CFO, Reliance Broadcast Network, said it’s easier to broadcast fewer ads now because post Phase-III auctions, the inventory has increased. “With fewer stations, it was hard to sustain the business without 18-20 minutes of advertising,” Chatterjee said.

live mint |

Broadcasters look to regional versions of hit shows, big brands queue up

Even as it awaits its twelfth Hindi season, Endemol Shine India’s superhit reality show Bigg Boss has already returned for a second Tamil outing led by star anchor Kamal Haasan besides finding remakes in Malayalam, Kannada and Marathi. Quiz show Kaun Banega Crorepati has found regional language versions in Tamil, Telugu and Malayalam, with a Bengali version just announced, while ZEE’s singing reality show Sa Re Ga Ma Pa Li’l Champs has made inroads into the Tamil market. The trend has extended to fiction shows too with Ekta Kapoor’s Naagin being remade in Kananda.

To be sure, it always makes sense to customize and add to the relevance of an existing popular show. It gives broadcasters not just a shot at increasing viewership on both their television and digital platforms but exploiting existing successful IPs (intellectual properties) with added cultural nuance across the spectrum. In an earlier interview, Akash Banerji, head of marketing, partnerships and licensing, at VOOT, the video streaming platform operated by Viacom18, said the service had witnessed 200% increase in consumption over the last six months on the back of regional content, this included shows like Bigg Boss Kannada and Enga Veetu Mappillai, a matchmaking show on the lines of Rakhi Ka Swayamvar.

“A lot of broadcasters are taking successful concepts and remaking them in other languages. They’re also spending more to make multi-language shows,” said Ravish Kumar, head, regional entertainment, Viacom18 Media Pvt Ltd that operates a clutch of general entertainment channels under the Colors brand. “Regional is a huge and diverse audience. There has been a massive increase in the hours of original regional language programming, the quality of programming and production value is on par with any language now.”

Navin Khemka, managing partner at Wavemaker India, a GroupM- owned integrated media agency agreed that regional television channels have come a long way from the time they only served as a repository for dubbed Hindi content to now getting their own news channels and high-ticket reality shows. “The difference really has come from the cost of investment in the last four to five years,” Khemka said.

To be sure, the higher investment in regional content itself is a combination of growing advertising and viewership. For Bigg Boss Tamil that returned to screens last month, Chinese smartphone maker Vivo is presenting sponsor while Japan-based paints major Nippon Paints is the powered by sponsor and multiple brands like Colgate, Maggi and Haier have signed up as associates. ZEE’s Sa Re Ga Ma Pa Li’l Champs, meanwhile, has dairy firm Hatsun Agro as title sponsor.

Maarten Geraets, general manager—Foods for Nestlé India said regional media platforms are an important way to engage with consumers spread across various regions, states, cities and villages of India and connect with them. Kumar estimated the three-year CAGR (compound annual growth rate) for all regional market advertising to be 12.3% over FY ’14- FY ’17. The availability of new channels and quality content has been coupled with the fact that BARC has expanded its coverage of rural data, which has meant huge reach for regional language channels.

According to the FICCI-EY media and entertainment industry report 2017, languages like Tamil and Telugu witnessed 30% and 33% growth respectively in impressions from 2016 to 2017, compared to a 27% growth for Hindi. The top 10 channel genres accounted for 47% of total ad volumes.

Deccan Herald |

Media can be a 'Make in India' story

“Indian media and entertainment (M&E) industry story, the big ambassador of Indian soft power, is that of a glass half full and half empty”, said Siddharth Roy Kapur. Rightly so.

The sector, according to the industry status report released by Ernst & Young and FICCI, touched $22.7 billion in 2017, a growth of 13% over the last year, while the economy overall grew at half that rate. It is poised to cross $31 billion by 2020. On the other hand, a few large areas of the industry, that is print, radio, music, out-of-home and television, all grew at less than 10% over the previous year, print being at a lowly 3%. Animation, films and digital media grew by 25-30% over the previous year.

Direct employment in M&E sector has crossed one million people and the total, including indirect and induced employment, is above five million, a substantial number but miniscule in a nation of 1.3 billion. And a huge majority of them are under-trained and digitally semi- or sparsely skilled. Media jobs being non-repetitive and creativity driven, though technology-facilitated heavily today, remain an area which will not largely be replaced by machines and hence are long-term job prospects.

The film industry has grown by a very healthy 27% over the earlier year and stands now at Rs 15,600 crore in 2017, which is still less than half of what the largest grossing Hollywood film Avatar earned in all languages globally. While India produced more than 1,500 censored films in all languages together last year, Hollywood did not cross 700, but we earned roughly 1% of the total income of Hollywood!

We had around 8,000 film screens by the turn of this decade in 2010 and China some 9,000. But today, China has crossed 45,000 screens for films, and we are at 9,000 total. Dangal, with more income in China than in India, and Bahubali in all languages together and both parts included, have earned like successful Hollywood films. Even Marathi and several South Indian language films have earned more than Rs 100 crore each.

India produces 16,000 hours of fresh entertainment content for all general entertainment television channels together, which is 12 times more than the US, but earns less than 8% of the latter’s income. We have 784 million TV-viewing people in India, more than the total population of the European continent, but an income much lower than the latter.

Despite the high 30% growth of the digital media in 2017, to Rs 12,000 crore (up from Rs 9,200 crore in 2016), use of Virtual Reality, Augmented Reality and Artificial Intelligence in the entertainment sector is still in its infancy, unlike globally, where they contribute heavily to content generation.

Force multiplier

We are aware of the force multiplier impact of entertainment on other sectors of the economy, like tourism (e.g. Ladakh after 3 Idiots), fashion and merchandise and retail sales, etc. Tourism is already a $150 billion industry and the media fuels it. The media has seamless linkages with e-commerce. However, the potential in all of these remain unexploited.

There are several things that the industry itself can do to strengthen its reach, impact, business and engagement of audiences. First, it has to realise that collaboration is a better strategy than competition. Also, industry has to take common stands when facing the government, when combating attacks from fringe elements on it and when upgrading its standards.

Second, each media platform or initiative needs to learn to have some unique positioning, specialisation and focus and not do everything for everyone. Third, industry needs to wake up to measurement, accountability and big data analytics.Fourth, it must learn to collaborate with the youth.

The government can be a game-changer too. And the biggest is the commencement of e-enabled time-bound, single window of clearances for events, licensing, varied content production permissions, etc, on which the Niti Aayog is working with support from the industry.

With data-prices falling, digital access to entertainment and information content has grown tremendously. Audio-video consumption experiences should be even better with 5G connectivity coming ahead. Policy paralysis and uncertainty have often plagued the industry. Since demonetisation and GST have been twin attacks on the media economy, it now needs a strong fillip from the government to gain lost ground.

The Union Minister for Information & Broadcasting interestingly noted that Indian M&E industry should not compare itself with Hollywood and China, but should position itself uniquely with its story-telling skills, with the largest media consumer base in the world being here.

The sector has to re-imagine itself, and in digital language and space more particularly, to create global capacity going beyond the domestic market and the NRI-PIO circles. The media can be the true-blue ‘Make In India’ success story - with stories, people, technologies, places and force multiplier synergies with other sectors of the economy, all being here and now in India.

Best Media Info |

How animation has evolved in the advertising industry

When telecom giant Vodafone came out with the ZooZoos in the year 2009, they took the audience by storm. As a child, watching these strange beings speaking in a strange tongue (that somehow made sense), it took me a lot of time to accept the fact that there were real people under that all-white garb.

When they made the ZooZoos, the brainchild of Rajiv Rao (who was with Ogilvy & Mather then), the objective was “to make real people look as animated as possible”. Even today, it is remembered as one of the finest animation feats in the country.

The animation landscape in the country is changing. Earlier, the only source of animated content for children used to be cartoons that were created in the west, dubbed in regional languages. Today, there are Indian cartoon characters that command an equal share of space on channels and in the hearts and minds of children who watch them.

The KPMG India-FICCI Indian Media and Entertainment Industry Report 2017 says the Indian animation and VFX industry grew at 16.4% in 2016 to reach a size of Rs 59.5 billion, driven majorly by a 31% growth in VFX, with animation remaining steady at a growth rate of 9%.

The animation services market in 2016 continued to be dominated by outsourced projects from the television, film and advertising sectors, which accounted for around 85% of the total animation services turnover in India. Digital advertising and films are also seeing growth and are taking a larger share of the animation services pie.

With the right technology coming in and the right talents getting nurtured, the use of animation in advertising is also seeing an upswing.

Speaking about the advancements in animation in India over the years, Shantanu Baagchi, Creative Director, Illuminations Production, said, “Earlier, one could not think beyond 2D, then came the Ram Mohan era. Then with the advent of computers, people realised that they could do computer graphics. Computer graphics back then was very nascent, people used to get excited over 8GB RAM. Today, the technology and the software that has come in allow people to definitely do a lot more. A lot of things that weren’t possible earlier are possible now.”

Prasad Ajgaonkar, CEO, iRealities Pvt Ltd, pointed out how the advances in technology have contributed to the evolution of animation in the advertising industry.

“The animation industry has overall evolved in the last few years and as a result even animations in advertising have evolved. What predominantly used to be a title animation or packaging animation has now evolved to be a story-based animation. There are scripts being written around animated advertisements. The advertising industry is also experimenting with different mediums of animation,” said Ajgaonkar.

Suresh Eriyat, Director, Studio Eeksaurus Productions, believes brands today are not experimenting with animation as much as before.

“When I started out in this industry in 1999, I think animation-based ads were pretty nascent. But 2000 onwards there was quite a big leap in the number of animated films produced. We ourselves were able to work on really interesting animated advertisement films where we could explore different mediums and their combinations with equally interested creative people from the ad agencies. I remember at Famous House of Animation (a company I set up with Famous Studios), we used to work on several advertisement films that were using animation as a medium of storytelling. We introduced clay animation into the advertising film scene with Amaron battery ads and ICICI’s ‘Chintamani campaign’ and several other films between 2002 and 2004. Those were times when the creative people from the ad agencies were quite savvy and adventurous with exploring different kinds of storytelling methods,” said Eriyat.

He is of the view that today, almost 16 or 17 years after those films released, there is a lot of scepticism from the clients that animation appeals only to children and not to grown-ups.

“This notion has clearly made the number of animation films coming out of India come down in the recent years compared to those golden years of animation when we had bolder clients with equally adventurous agency people shouldering the risk. Having said that, the kind of animation films that come out nowadays, though less in number, are very good in terms of its quality even though local animation talent may not be used as much as it was used in the early years,” said Eriyat.

While it is true that animation in advertising has seen a significant change in the past years, the quality of some of these advertisements still leave something to be desired, say Ramanuj Shastry, Founder and Director, Infectious and Akashneel Dasgupta, National Creative Director, ADK Fortune.

“There is no denying that the quality of animation in the country has definitely improved over the years but I would say that it still has a long way to go. I believe what has improved here is the execution but as far as the conceptualisation goes it still needs a lot of work. There is an International Animation Film Festival that happens in Annecy, France. I was there a few years back and the kind of work that I saw there, and not just from European countries but also from South American countries, was phenomenal,” said Dasgupta.

For a medium like animation, the idea is paramount. As Shastry rightly pointed out if one could achieve what they wanted through live action, why would one turn to animation?

Animation is a medium that facilitates the flight of imagination. It allows one to achieve what one really cannot with live action.

“Good animation, like anything good, requires a lot of money and a lot of time. People think animation is cheap but that is not the case,” said Shastry.

A good animation film costs a lot more than a live film, if not the same, added Shastry.

“Except for a very few brands and a few agencies, most of the advertising industry creatives and planners stay away from animation primarily due to the time needed to create good animated content. The good news though is that those few agencies and brands who believe in dedicating time for animation are doing great work and the bad news is that I don’t see this attitude changing for the majorit0y of the industry in the near future,” said Eriyat.

So, in an industry that famously coined the term ‘wanted yesterday’, highlighting the extremely unrealistic deadlines that clients give agencies and one that is obsessed with the bottom line, how do animators and animation studios convince the client?

“The thing to understand here is that neither marketers and nor many agency people are well-versed with the ins and outs of the animation industry. They don’t have in-depth knowledge of how things get done and, therefore, it is not their fault that they have this notion that animation is cheaper and less time-consuming. In my experience, I have found that if you sit down and explain to them that good animation takes time, effort and money, they get it,” said Baagchi.

Dasgupta also pointed out how brands usually go along with the timelines set by foreign animation studios but don’t afford the same courtesy or consideration to animation studios in India.

Another point of contention is brands approaching foreign studios to get their work done.

“Somehow we have come to believe that a foreigner will always do better than an Indian. The advertising industry has tried that with directors. They have bought in foreign directors to direct Indian commercials. But one must understand a foreign director will never have the understanding that an Indian director will have of India and its customs and practices. The same goes for animation as well. There is great talent and great work being done here but unfortunately Indian brands are not recognising that,” said Baagchi.

But the animation in the country has got a boost because of home-grown cartoon characters, the IPs of which are with Indians and that in turn allows brands in India to use them in their commercials.

“This is a major shift in last decade, now India has its own IPs in animation content. There is a growing popularity of Indian characters like Chotta Bheem or Sheikh Chilli and naturally with popularity, come brand endorsements. Many kid-friendly brands are increasingly exploring the use of IP-based characters for brand positioning. With more local shows and acceptance of audience to local programmes, the use of these characters and references will be ever growing,” said Ajgaonkar.

Animation, by and large, has been used the most for categories that cater to children. But as a medium for communication, animation is not bound by categories or products. Everyone from candy brands to life insurance sellers have turned to communication, whenever the need was felt.

“Of course, going with the popular notion of the brand managers that animation works well with the children, all the confectionary and toy brands that target children can use animation to promote products. I have seen internationally people using animation when complex messaging has to be put across with simplicity and easy comprehension. One of the finest examples of how animation or animation-looking campaigns have created success among brands that are not only for children in India, we must look at Vodafone’s Zoozoos or the MP tourism ad with toys or the Rajasthan Tourism sand sculpture animation film,” said Eriyat.

Citing the example of a TV commercial for the National Society for the Prevention of Cruelty to Children (NSPCC), Shastry said how animation doesn’t always have to be fun and lightweight, it can also be dark and used to convey some grim messaging.

The film shows a cartoon character bouncing back every time his father hits him, complete with a pre-recorded laugh track playing in the back. But when the father throws the cartoon character down the stairs, the body of a real boy lies at the bottom. The film ends with the message ‘Real children don’t bounce back’.

exchange4media |

Broadcast industry hopeful of good Q1; expects 13-14% growth

While there is still some time before the Q1 FY19 results of the broadcast sector will be officially out, there is a positive sentiment in the industry about the numbers and experts feel that it has been a good quarter compared to last year, thanks to IPL and FIFA World Cup. The industry is looking forward to healthy growth and stable margins this quarter. The media and entertainment industry, which was shaken by demonetization and later by GST, is back to normal now.

According to the FICCI KPMG Report 2018, ad spends slowed down for three to seven months across different segments of the M&E sector for the management of inventories due to the implementation of GST in July 2017. But things seem to be fine now with the two major events of this quarter, IPL and FIFA World Cup, driving the growth rate of the industry.

Zee Unimedia COO Ashish Sehgal feels that the industry was impacted by GST last year, but there should be a good growth in this quarter, primarily led by IPL 11.

“From an advertising point of view, IPL itself has grown 20-25 per cent compared to last year. And this big money of the quarter will impact the whole of TV industry,” said Sehgal.

According to Sehgal, Q1 can expect a 13-14 per cent growth on an average.

Rohit Gupta, President, Network Sales and International Business, Sony Pictures Networks India, also feel that the industry is back in business now.

“Q1 did really well and it looks like the industry is back now. At least for us, at Sony, we had a good growth rate. The two big ticket events for us were FIFA World Cup 2018 and India England Tour. These two were fully sold out. Therefore, it's been a good start to the year. With elections coming, it seems we will have a good year after a couple of years. The industry has recovered from demonetization and GST, the spends are happening, the focus on rural is there and also IPL did well. Hence, all together, it's a good start for the industry,”

Echoing the thought, Pawan Jailkhani, Chief Revenue Officer, 9X Media, said Q1 has been fantastic for everyone.

“The industry was not so well last year, but I think the last two quarters have been decent for everyone,” said Jailkhani.

He too believes that Q1 will see around 14 per cent growth. “Hopefully elections happen this year as they will bring money and drive the growth. Also, money will come from people who are now getting benefits from GST,” he added.

According to the FICCI 2018 report, except for the auto category, all top advertising category showed growth. While the auto segment showed 13 per cent decline in secondages consumed, the top advertising category grew by an average of 15 per cent by volume.

Dinesh Vyas, Vice President, PHD, explained, “The auto category has not dropped the spend but has deferred some part of it. The spend is expected to pick up in August again. Last year Quarter 1, FMCG certainly got affected. People were worried about the long-term effect of demonetization and GST, hence they deferred their spends.”

He added, “This is a much better quarter than what we had expected. Thanks to IPL and FIFA World Cup 2018, people who were looking at associating with these sporting events have spent money this quarter. Clearly, people who didn’t have deep pockets did not associate with IPL, but if their products are sold to niche and younger audience, they have certainly tied up with Sony for FIFA.”

According to DART Media FY19 Preview report, Q1FY19 is expected to be healthy for most media companies led by recovery in various advertising verticals and favourable base impact for a few cos. ENIL and ZEE are estimated to report better revenue growth in the media segment vs peers led by the favourable base in Q1FY18.

Karan Taurani, VP Research- Dolat Capital, said, “We expect 10 per cent YoY revenue growth for our media universe where TV and radio lead in terms of performance. EBITDA margin for most of the media companies in DART coverage remains to be in a narrow band except in the case of radio companies whose margin are expected to grow YoY.”

The New Indian Express |

Ghai new chairman of MESC

Leading filmmaker Subhash Ghai has taken over as Chairman of Media and Entertainment Skills Council (MESC). He succeeds Kamal Haasan. The announcement was made during MESC Annual General Meeting (AGM) at Mumbai on Friday. Ghai was elected by members of Governing Council, which includes representatives from National Skill Development Corporation of India, FICCI’s Media and Entertainment Division and MESC board members.

Speaking at the event, he said MESC has created a new revolution in the education system with full emphasis on skillbased education. “It is one of the finest initiatives by the Union Government and I strongly believe that quality training is essential to develop the new philosophy of skill education,” he said. Founded in 2012, MESC, a not for profit organisation, has been promoted by FICCI with financial support by NSDC.

The Council operates under the aegis of Ministry of Skill Development and Entrepreneurship (MSDE). Governing Council Board member and Managing Director of Sambad Group Monica Nayyar Patnaik was present at the AGM. She said skill development in media and entertainment sector has huge potential in Odisha. “It is imperative for all concerned to take certification courses for better growth opportunities in sectors like print, radio, television, gaming, animation, outdoor, events and digital,” she added. The key objective of MESC is to create a robust and vibrant eco-system for quality vocational education and skill development in media and entertainment space in the country.

live mint |

What makes star a sought-after business in India

Last week, Walt Disney Co. raised its offer for 21st Century Fox’s entertainment assets to $71.3 billion, outbidding Comcast Corp. in a battle for one of the media industry’s biggest prizes, according to a Bloomberg report.

The report added that both Disney and Comcast are looking to use the Fox assets to bolster their content and expand overseas. However, at the heart of the Comcast and Disney battle for Fox assets is also the coveted Star business in India.

It’s not difficult to see why Star is a sought-after business even though, of late, the network may not have the largest viewership share in the country.

Yet, its claims of being a network of 60 channels in eight different languages, reaching out to 9 out of 10 cable and satellite TV homes in India cannot be taken lightly. The company says that it reaches nearly 700 million viewers a month and produces 30,000 hours of programming every year.

To be sure, Comcast and Disney may not be fighting over the acquisition of Star India, but it is indeed one of the most desirable assets.

Star is the crown jewel both in its reach and trajectory. Since China has locked out foreign media, India becomes the last big potential market that media companies covet.

The importance of Star India in the Fox portfolio also stems from the fact that TV is still a growth story in India. In the short term, India is not a cord-cutting market. India will remain a growth market both for linear TV and over-the-top (OTT) video streaming services. In fact, TV still does not have 100% penetration.

According to unreleased data from the latest survey of Broadcast Audience Research Council (Barc) India, there are 197 million TV homes in the country, reflecting a 7.5% growth (over the last survey in 2016) and a 66% penetration, with huge headroom for growth in TV viewership.

Besides, according to a Ficci-EY report—Re-imagining India’s M&E Sector—published earlier this year, television advertising is growing at 10%.

Star India scores high in sports as well. At the moment, it has television broadcast rights to several premier cricket and non-cricket sports properties.

The broadcaster has 13 sports channels, including one in Tamil. It has rights to all BCCI cricket as well as the Indian Premier League (IPL).

Besides tennis in its portfolio, it has managed to build a significant viewership for its home-grown Pro Kabaddi League. Its investments in cricket may run into thousands of crores of rupees but the broadcaster is confident of recovery.

Media analysts say that sports also helps the broadcaster retain market share. “They have gone into it (sports) with their eyes open. It also gets eyeballs to their streaming service (Hotstar). They expect a good payoff from sports,” says a Mumbai-based media analyst.

Clearly, the biggest attraction of Star lies in Hotstar, which is currently the number one OTT brand in India on the basis of monthly active users. This is Star’s first business that is direct-to-consumer or B2C.

“Such B2C companies (like Netflix and Amazon) receive high valuations as they have a direct subscription model and ad sales. The magic lies there,” says the analyst. A total of 10.3 million people concurrently saw the IPL final and Star India said that a total of 202 million viewers logged onto Hotstar to watch IPL, up 55.2% from last year.

According to Vivek Couto, executive director at research firm Media Partner Asia, Hotstar as a digital video destination is now at an interesting point in its journey after a successful IPL.

“It owes much of its success to investment in distribution and tech but also most significantly to the content breadth from Star—catch-up local content, leadership in Hollywood and, of course, most critically, sports led by cricket,” the analyst says. “This has helped Hotstar compete for digital ad dollars with dominant platforms such as YouTube and start to tap into real consumer subscription dollars. It’s the start of a very long journey, cash-intensive and highly competitive but Hotstar is clearly amongst the leaders.”

Couto believes that India is a key part of 21st Century Fox’s valuation for potential acquirers because Star has scale across a number of key segments in a large, high-growth video market. “Star has local and regional scale—eyeballs across TV and digital and IP ownership. It is one of the leading consumer brands in India and a decent proxy for the growth of the economy in the years to come,” he says.

Business Standard |

Top film makers of India, China discuss future collaborations at Shanghai film festival

Filmmakers from India and China have joined hands to produce a movie that will showcase the emotional bond and cultural values shared by the people of both the countries, amidst the recent box office success of some of the Indian films in China.

Top film personalities, from both the countries, also discussed ways to extend cooperation to each other in producing films, on the side-lines of the Shanghai international film festival.

"China-based Extraordinary Entertainment and India's B4U signed an agreement to co-produce the film -- 'Operation Wild', written by Brian Brightly," according to a press release issued by the Federation of Indian Chambers of Commerce and Industry (FICCI).

Films like Aamir-Khan starrer 'Dangal' and 'Secret Superstar', 'Hindi Medium' and 'Bahubali-2' did well and also won all round acclaim, including from Chinese President Xi Jinping.

During a panel discussion held at the film festival, filmmakers, including film director Advait Chandan (Secret Superstar), Renny Harlin (Skiptrace), Da Ming (What Women Want), Saket Chaudhary (Hindi Medium), producers Daljit DJ Parmar (Kung Fu Yoga), and Ishan Saksena (Three Stories) discussed topics like Chinese and Indian film markets, co-productions, challenges and prospects for future collaborations, the release said.

The "China-India Film and Cultural Exchange Panel Discussion" was hosted by AACTA's Asia International Engagement Programme and in partnership with FICCI, the Film and Television Producers Guild of India, Shanghai Franlyn Media, and Extraordinary Entertainment.

Indian Consul General of Shanghai Anil Kumar Rai delivered the key note address.

In his message, FICCI Secretary General Dilip Chenoy said "Indian cinema is becoming the corner stone for bringing the people of India and China closer by reflecting shared aspirations, which are relatable for both nations undergoing rapid development".

Leena Jaisani, Assistant Secretary General, FICCI said "the signing of the India-China co-production treaty previously indicates the desire of the two nations and the industry to work together. FICCI has been consistently working towards developing collaborations between Indian and Chinese film industry."

CEO of the Extraordinary Entertainment Daljit DJ Parmar said "there is a very unique cultural synergy between Chinese and Indian cinema. Building on this, we are excited to develop our China-India slate beginning with Operation Wild."

"These films will highlight the emotional bond and cultural values that are common between the people of China and India," B4U CEO Ishan Saksena said.

Kulmeet Makkar, Chief Executive Officer of Producers Guild of India said: "Our participation in the China-India Film and Cultural Exchange program here at the Shanghai international film festival this year was aimed to build further support for co-productions and distribution with strategic partnerships between Indian and Chinese production companies.

Press Trust of India |

Top film makers of India, China discuss future collaborations at SCO film festival

Filmmakers from India and China have joined hands to produce a movie that will showcase the emotional bond and cultural values shared by the people of both the countries, amidst the recent box office success of some of the Indian films in China.

Top film personalities, from both the countries, also discussed ways to extend cooperation to each other in producing films.

"China-based Extraordinary Entertainment and India's B4U signed an agreement to co-produce the film -- "Operation Wild", written by Brian Brightly," according to a press release issued by Federation of Indian Chambers of Commerce and Industry (FICCI) said.

Films like Amir-Khan starrer 'Dangal' and 'Secret Superstar', 'Hindi Medium' and 'Bahubali-2' did well and also won all round acclaim, including from the Chinese President Xi Jinping

During a panel discussion held at the Shanghai Cooperation Organisation's international film festival, filmmakers, including film director Advait Chandan (Secret Superstar), Renny Harlin (Skiptrace), Da Ming (What Women Want), Saket Chaudhary (Hindi Medium), producers Daljit DJ Parmar (Kung Fu Yoga), and Ishan Saksena (Three Stories) discussed topics like Chinese and Indian film markets, co-productions, challenges and prospects for future collaborations, the press release said

The "China-India Film and Cultural Exchange Panel Discussion" was hosted by AACTA's Asia International Engagement Programme and in partnership with FICCI, the Film and Television Producers Guild of India, Shanghai Franlyn Media, and Extraordinary Entertainment.

Indian Consul General of Shanghai Anil Kumar Rai delivered a key note address

In his message, FICCI Secretary General Dilip Chenoy said "Indian cinema is becoming the corner stone for bringing the people of India and China closer by reflecting shared aspirations, which are relatable for both nations undergoing rapid development"

Leena Jaisani, Assistant Secretary General, FICCI said "the signing of the India-China co-production treaty previously indicates the desire of the two nations and the industry to work together. FICCI has been consistently working towards developing collaborations between Indian and Chinese film industry."

CEO of the Extraordinary Entertainment Daljit DJ Parmar said "there is a very unique cultural synergy between Chinese and Indian cinema. Building on this, we are excited to develop our China-India slate beginning with Operation Wild."

"These films will highlight the emotional bond and cultural values that are common between the people of China and India," B4U CEO Ishan Saksena said

Kulmeet Makkar, Chief Executive Officer of Producers Guild of India said: "Our participation in the China-India Film and Cultural Exchange program here at the Shanghai International film festival this year was aimed to build further support for co-productions and distribution with strategic partnerships between Indian and Chinese production companies?.

The New Indian Express |

Top filmmakers of India, China discuss future collaborations at SCO film festival

Filmmakers from India and China have joined hands to produce a movie that will showcase the emotional bond and cultural values shared by the people of both the countries, amidst the recent box office success of some of the Indian films in China.

During a panel discussion held at the Shanghai Cooperation Organisation's international film festival, filmmakers, including film director Advait Chandan (Secret Superstar), Renny Harlin (Skiptrace), Da Ming (What Women Want), Saket Chaudhary (Hindi Medium), producers Daljit DJ Parmar (Kung Fu Yoga), and Ishan Saksena (Three Stories) discussed topics like Chinese and Indian film markets, co-productions, challenges and prospects for future collaborations, the press release said.

Top film personalities, from both the countries, also discussed ways to extend cooperation with each other in producing films.

"China-based Extraordinary Entertainment and India's B4U signed an agreement to co-produce the film -- "Operation Wild", written by Brian Brightly," according to a press release issued by Federation of Indian Chambers of Commerce and Industry (FICCI) said.

Films like Amir-Khan starter 'Dangal' and 'Secret Superstar', 'Hindi Medium' and 'Bahubali-2' did well and also win all-around acclaim, even from Chinese President Xi Jinping.

CEO of the Extraordinary Entertainment Daljit DJ Parmar said, "There is a very unique cultural synergy between Chinese and Indian cinema. Building on this, we are excited to develop our China-India slate beginning with Operation Wild."

On the other hand, the B4U CEO Ishan Saksena said, "These films will highlight the emotional bond and cultural values that are common between the people of China and India,"

The "China-India Film and Cultural Exchange Panel Discussion" was hosted by AACTA's Asia International Engagement Programme and in partnership with FICCI, the Film and Television Producers Guild of India, Shanghai Franklin Media, and Extraordinary Entertainment.

In his message, FICCI Secretary General Dilip Chenoy said: "Indian cinema is becoming the cornerstone for bringing the people of India and China closer by reflecting shared aspirations, which are relatable for both nations undergoing rapid development".

Outlook |

Top film makers of India, China discuss future collaborations at SCO film festival By K J M Varma

Filmmakers from India and China have joined hands to produce a movie that will showcase the emotional bond and cultural values shared by the people of both the countries, amidst the recent box office success of some of the Indian films in China.

Top film personalities, from both the countries, also discussed ways to extend cooperation to each other in producing films.

"China-based Extraordinary Entertainment and India's B4U signed an agreement to co-produce the film -- "Operation Wild", written by Brian Brightly," according to a press release issued by Federation of Indian Chambers of Commerce and Industry (FICCI) said.

Films like Amir-Khan starrer 'Dangal' and 'Secret Superstar', 'Hindi Medium' and 'Bahubali-2' did well and also won all round acclaim, including from the Chinese President Xi Jinping.

During a panel discussion held at the Shanghai Cooperation Organisation's international film festival, filmmakers, including film director Advait Chandan (Secret Superstar), Renny Harlin (Skiptrace), Da Ming (What Women Want), Saket Chaudhary (Hindi Medium), producers Daljit DJ Parmar (Kung Fu Yoga), and Ishan Saksena (Three Stories) discussed topics like Chinese and Indian film markets, co-productions, challenges and prospects for future collaborations, the press release said.

The "China-India Film and Cultural Exchange Panel Discussion" was hosted by AACTA's Asia International Engagement Programme and in partnership with FICCI, the Film and Television Producers Guild of India, Shanghai Franlyn Media, and Extraordinary Entertainment.

Indian Consul General of Shanghai Anil Kumar Rai delivered a key note address.

In his message, FICCI Secretary General Dilip Chenoy said "Indian cinema is becoming the corner stone for bringing the people of India and China closer by reflecting shared aspirations, which are relatable for both nations undergoing rapid development".

Leena Jaisani, Assistant Secretary General, FICCI said "the signing of the India-China co-production treaty previously indicates the desire of the two nations and the industry to work together. FICCI has been consistently working towards developing collaborations between Indian and Chinese film industry."

CEO of the Extraordinary Entertainment Daljit DJ Parmar said "there is a very unique cultural synergy between Chinese and Indian cinema. Building on this, we are excited to develop our China-India slate beginning with Operation Wild."

"These films will highlight the emotional bond and cultural values that are common between the people of China and India," B4U CEO Ishan Saksena said.

Kulmeet Makkar, Chief Executive Officer of Producers Guild of India said: "Our participation in the China-India Film and Cultural Exchange program here at the Shanghai International film festival this year was aimed to build further support for co-productions and distribution with strategic partnerships between Indian and Chinese production companies.

The Pioneer |

Filmmakers from China and India join hands to produce a movie

Filmmakers from India and China have joined hands to produce a movie that will showcase the emotional bond and cultural values shared by the people of both the countries, amidst the recent box office success of some of the Indian films in China.

Top film personalities, from both the countries, also discussed ways to extend cooperation to each other in producing films.

"China-based Extraordinary Entertainment and India's B4U signed an agreement to co-produce the film -- "Operation Wild", written by Brian Brightly," according to a press release issued by Federation of Indian Chambers of Commerce and Industry (FICCI) said.

Films like Amir-Khan starrer 'Dangal' and 'Secret Superstar', 'Hindi Medium' and 'Bahubali-2' did well and also won all round acclaim, including from the Chinese President Xi Jinping.

During a panel discussion held at the Shanghai Cooperation Organisation's international film festival, filmmakers, including film director Advait Chandan (Secret Superstar), Renny Harlin (Skiptrace), Da Ming (What Women Want), Saket Chaudhary (Hindi Medium), producers Daljit DJ Parmar (Kung Fu Yoga), and Ishan Saksena (Three Stories) discussed topics like Chinese and Indian film markets, co-productions, challenges and prospects for future collaborations, the press release said.

The "China-India Film and Cultural Exchange Panel Discussion" was hosted by AACTA's Asia International Engagement Programme and in partnership with FICCI, the Film and Television Producers Guild of India, Shanghai Franlyn Media, and Extraordinary Entertainment.

Indian Consul General of Shanghai Anil Kumar Rai delivered a key note address.

In his message, FICCI Secretary General Dilip Chenoy said "Indian cinema is becoming the corner stone for bringing the people of India and China closer by reflecting shared aspirations, which are relatable for both nations undergoing rapid development".

Leena Jaisani, Assistant Secretary General, FICCI said "the signing of the India-China co-production treaty previously indicates the desire of the two nations and the industry to work together. FICCI has been consistently working towards developing collaborations between Indian and Chinese film industry."

CEO of the Extraordinary Entertainment Daljit DJ Parmar said "there is a very unique cultural synergy between Chinese and Indian cinema. Building on this, we are excited to develop our China-India slate beginning with Operation Wild."

"These films will highlight the emotional bond and cultural values that are common between the people of China and India," B4U CEO Ishan Saksena said.

Kulmeet Makkar, Chief Executive Officer of Producers Guild of India said: "Our participation in the China-India Film and Cultural Exchange program here at the Shanghai International film festival this year was aimed to build further support for co-productions and distribution with strategic partnerships between Indian and Chinese production companies”.

The Financial Express |

FICCI to push India, China co-productions at Shanghai film festival

Industry chamber FICCI will organise a seminar on Indo-Chinese co-productions and a panel discussion on India-China film and cultural exchange on the sidelines of the ongoing Shanghai International Film Festival in Shanghai on Tuesday. FICCI has partnered with the festival organisers as well as AACTA Asia International Engagement Program to organise a half a day seminar at Shanghai Film Group. The discussion would focus on how to leverage co-production between India and China. There will also be a ‘China-India Film and Cultural Exchange’ panel discussion, read a statement. These will be important in the backdrop of the signing of co-production treaty between India and China, where a string of Indian movies have registered a success story.

An audiovisual co-production agreement was signed in 2014 between the two nations. The treaty aims to bring the two countries together to pool their creative, artistic, technical, financial and marketing resources to co-produce films. At the event, “Secret Superstar” director Advait Chandan, “Hindi Medium” director Saket Chaudhary and “Three Stories” producer Ishan Saksena are representing the Indian entertainment industry in the seminar.

The Chinese side will be represented by Daljit DJ Parmar, CEO of Extraordinary Entertainment, Executive Producer “Kung Fu Yoga”, “Skiptrace” director Renny Harlin and “What Women Want” director Da Ming. FICCI is being represented by Leena Jaisani, Assistant Secretary-General and Head, Media and Entertainment Division. Anil Kumar Rai, Consul General of India in Shanghai will also be present at the seminar.

China has a growing popularity of Indian films. Aamir Khan’s “Dangal” (2016) performed well last year, followed by “Secret Superstar” earlier this year. It became the top grossing imported film in 2018 in the country, where there’s a quota on the number of foreign films released. The Shanghai International Film Festival, which began on June 16, will conclude on June 25.

cinestaan |

FICCI to promote Indo-Chinese co-production at Shanghai International Film Festival

The Federation of Indian Chambers of Commerce and Industry (FICCI) will organise a seminar on Indo-Chinese co-productions and a panel discussion on India-China film and cultural exchange on the sidelines of the ongoing Shanghai International Film Festival in Shanghai on Tuesday (19 June).

FICCI has partnered with the festival organisers as well as AACTA Asia International Engagement Program to organise a half a day seminar at Shanghai Film Group. The discussion would focus on how to leverage co-production between India and China.

There will also be a 'China-India Film and Cultural Exchange' panel discussion, read a statement.

These will be important in the backdrop of the signing of co-production treaty between India and China, where a string of Indian movies have registered a success story.

An audio-visual co-production agreement was signed in 2014 between the two nations. The treaty aims to bring the two countries together to pool their creative, artistic, technical, financial and marketing resources to co-produce films.

At the event, Secret Superstar (2017) director Advait Chandan, Hindi Medium (2017) director Saket Chaudhary and 3 Storeys (2018) producer Ishan Saksena are representing the Indian entertainment industry in the seminar.

The Chinese side will be represented by Daljit DJ Parmar, CEO of Extraordinary Entertainment, executive producer of Kung Fu Yoga (2017), Skiptrace (2016) director Renny Harlin and What Women Want (2011) director Daming Chen.

FICCI is being represented by Leena Jaisani, assistant secretary general and head of media and entertainment division. Anil Kumar Rai, consul general of India in Shanghai will also be present at the seminar.

China has a growing popularity of Indian films. Aamir Khan's Dangal (2016) performed well last year, followed by Secret Superstar earlier this year. It became the top grossing imported film in 2018 in the country, where there's a quota on the number of foreign films released.

The Shanghai International Film Festival, which began on 16 June, will conclude on 25 June.

live mint |

Video streaming firms are betting big on regional content

Last month, American streaming service Amazon Prime Video launched its first regional web series in India, a Telugu dark comedy called Gangstars. After dabbling in Hindi and Telugu markets, video streaming service Viu will enter the Tamil market this July, with six new originals in collaboration with local production houses and talent while ZEE5, the streaming service owned by Zee Entertainment Enterprises Ltd, will be, going forward, releasing one original show every month in Hindi, Marathi, Bengali, Tamil, Telugu and Malayalam.

With the exception of Netflix that has restricted its India originals to Hindi, the regional market is a space that over-the-top (OTT) video streaming platforms are looking at closely in India, betting about 30% of their annual budgets on content produced in these local languages, according to video industry experts.

“While a considerable number of viewers in the metros like to watch content in Hindi or English, there is a majority of audiences who enjoy watching regional shows and movies as well,” said Tarun Katial, chief executive officer, ZEE5 India.

According to the FICCI-EY media and entertainment industry report 2017, growth in India’s Internet user base will be driven by rural consumers till 2021, who are expected to grow from 38% to 52%. This will have a significant impact on the type and language of content that will need to be developed. Not just within the country, regional content also reaches out to Indian diaspora elsewhere. For example, ALTBalaji’s Tamil show Maya Thirrai witnessed traction across the Middle East, US and UK which house huge sections of Tamil population.

“While Hindi is a market with very wide potential, it is equally cluttered,” said Shantanu Gangane, head of marketing, Viu India, that has seen much success with its Telugu comedy Pelli Gola and science fiction series PillA recently. “Having said that, regional content definitely gives you better uptake in terms of engagement, people usually take half the time to lap up regional content (as compared to Hindi or English).”

Manav Sethi, chief marketing officer at ALTBalaji, said a quick way to reach out to regional audiences is to dub Hindi shows into four or five different languages. However, the appeal of an original regional language story with cultural nuances is much higher than that of a dubbed show. ALT is currently working on a Bhojpuri show with popular actor-singer Dinesh Lal Yadav, besides looking at scripts in Tamil, Kannada, Telugu and Malayalam.

“Regional tastes have evolved and audiences are craving for content that is not formulaic, regressive or low-brow,” said Ashok Cherian, head of marketing and revenue, Applause Entertainment that is looking to announce both north and south Indian regional shows in the coming months. “Good regional content will be an important play in the OTT space.”

To be sure, for some OTT platforms that are owned by broadcasters, it is also a matter of capitalizing on their existing IPs (intellectual properties). For example, for VOOT, the streaming service operated by Viacom18 Media Pvt Ltd, digital programming started with putting out full episodes from their general entertainment channels Colors Marathi, Kannada and Tamil, dubbing them interchangeably and then moving to creating exclusive, unseen content centered around reality shows like Bigg Boss Kannada.

“We’ve witnessed close to 200% increase in content consumption on VOOT on the back of regional content over the last six months,” said Akash Banerji, head of marketing, partnerships and licensing, VOOT.

The OTT move, from an organizational point of view, leverages the export of content from one region to another. This includes a lot of original IPs even on television that is remade into other languages, for instance, Ekta Kapoor’s supernatural series Naagin has been remade in Bengali and Kannada.

“We own the IP and if we see that a certain content narrative works with the audiences, why not localize and customize it, bring in some cultural nuance and share it across the spectrum,” Banerji pointed out.

“The next thrust for us will be to start creating digital-first content at scale where the VOOT team works closely with the regional network teams, thereby unlocking the value at a regional level across multiple markets”, Banerji said.

Business Standard |

Multiplex growth in metros slowing, rural areas will get boost: PVR

Superstar Salman Khan has been vocal about the need to open more multiplexes on the outskirts of cities. Ajay Devgn is revamping some theatres in Uttar Pradesh and plans to buy 200 more screens soon.

But are multiplexes reaching their saturation point? In cities, perhaps. But there's tremendous scope to develop multiplexes in tier-2 and tier-3 cities, says a top official of India's largest cinema exhibition chain PVR Cinemas.

"The multiplex growth in metros is likely to slow down gradually. We are rapidly expanding our presence to tier-2 and tier-3 markets that will fuel the growth of multiplex industry and give the patrons the right movie watching experience," Gautam Dutta, CEO of PVR Cinemas, told IANS in an email interview adding that growth should be coupled with a government thrust to promote small towns into cities in the future.

"Change in the approach of people towards watching movies and rise in disposable incomes are encouraging signs for expanding our presence beyond tier-1 cities," he said.

According to a 2018 FICCI-EY report on India's media and entertainment sector, single screens cinemas have reduced from 9,710 screens with 91 per cent share of total screens in India in 2009 to less than 71 per cent share in 2017 with 6,780 screens. At the same time, multiplexes have grown at a steady rate of over 10 per cent over the last years.

The report stated that the Indian film exhibition segment in terms of numbers of screens was less that one-fifth in size as compared to developed markets like China and the US.

"The ratio is expected to further deteriorate with India facing a constant decline in its screen count, due to the shutdown of single screens," it said.

The Indian entertainment industry is brimming with stories, and produces most number of films in a year. But India stands "as one of the most highly under-penetrated markets among major countries with 8 screens per million", the report added.

But this may change in future.

"The rise in disposable income, data penetration, more awareness for films and more people seeking entertainment are significant factors contributing to the growth of films in tier-2 and tier-3 markets," Dutta said.

Dutta, who is determined to expand base of PVR in south India, points out that rural areas are developing into small towns, complete with malls.

"Single screen theatres (are) giving way to multiplexes due to inherent challenges in sustainability. Multiplexes will get evolved to megaplexes with 10 screens and above showcasing the best of global formats under one roof offering maximum number of shows and content options for a consumer to choose from," he said.

He feels multiplexes are thriving because of low screen density but consolidation would happen.

PVR has 625 screen in 134 properties across india, including 155 screens in 23 properties in South India. The company expects to add 90 screens in the current financial year.

"Every year we target to grow organically by adding 60-70 screens. However, this year we hope to exceed this benchmark," Dutta said.

The Week |

IIFA returns to Bangkok after 10 years

The International Indian Film and Academy (IIFA) Weekend and Awards will next month return to Bangkok after a decade for its 19th edition, which promises not just Bollywood's glitz and glamour but support to environmental causes and cinema memorabilia too.

The gala will be held June 22-24 at the Siam Niramit Theatre, which is adorned by Thailand's heritage, art and culture and hosts the country's most-popular theatre production.

Wizcraft International, the producers and creators of the IIFA, are gearing up to put up a Bollywood entertainment show interspersed with cultural elements from Thailand.

Andre Timmins, one of the three forces behind Wizcraft International, said: "We're excited to go back to Bangkok. There are a lot of interesting things we are doing and we hope this edition becomes exciting for people to come and have fun."

Lisbon and Paris were the other places they were considering for this year.

"But we chose Bangkok because we felt it's close by and this year we thought we will go somewhere close. And Bangkok is a place that has changed tremendously. There are more flights, hotels, restaurants and our industry loves Bangkok," Timmins said.

The main awards gala on the last day will be hosted by the inimitable Riteish Deshmukh and Karan Johar, both known for their quick wit. Among the performers will be stars like Ranbir Kapoor and Shahid Kapoor.

For Ranbir, returning to the IIFA stage would be special as he had won the Best Debutant Award at the 2008 Bangkok edition of the gala."

The IIFA Rocks, a musical night which precedes the IIFA Awards ceremony night, will be co-hosted by Ayushmann Khurrana and Katrik Aaryan. Adding a unique charm to the event will be composer Pritam.

"Pritam is doing a very interesting piece using a lot of local Thailand musicians and instruments. He is putting together something very different," Timmins said.

Apart from the visual spectacle they intend to offer, they IIFA has tied up UN Environment for the campaign "Beat Plastic Pollution", the theme for World Environment Day 2018. Actress Dia Mirza, the UN Environment goodwill ambassador for India, will front this.

They have also partnered with Woosh Washing Expert to support the cause of equality at home - ‘Barabari Ghar Se Shuru', which will raise awareness for women empowerment and gender equality.

Additionally, with an aim to preserve cinema heritage, this year IIFA Foundation will be collaborating with Osian's auction house to showcase vintage cinema memorabilia at an exhibition event .

"Because we celebrate cinema, we would also like to do something towards saving Indian cinema, whether it's archives, posters or showcasing our heritage through the years. We are doing an exhibition in collaboration with Osian's," said Timmins.

There will also be a IIFA-FICCI forum focusing on business-related elements.

Last year, Karan Johar's "Nepotism rocks" stunt on the stage sparked a controversy in Bollywood. Are they going to be more careful about the show's script this time?

"We definitely are going to look at that. Every year is different, every year we use different scriptwriters and we will keep this in mind," Timmins said with a laugh.

The Hindu Business Line |

Catching the next wave

Just like the calculator, watch and the torch, the radio has disappeared into the phone, observes Manoj Dawane, founder of VTION, a startup that has devised software to measure and analyse audience for radio and audio on smartphones. “From collective listening – when a radio was heard by more than one person at home, normally from a ‘transistor’ as we knew it – it’s turned individual because of the smartphone and the headset that makes the antenna,” and there has been no passive way to measure the Indian market since then, other than recall-based diary methods.

Not in sync

The need for a wider and more accurate analysis of radio audience has been a matter of concern. Smartphone penetration has risen by leaps and bounds. By 2022, with the frequencies won in Phase III of licensing, several cities and towns big and small will have over 1,000 FM radio stations, says Dawane, quoting a 2017 report by Motilal Oswal. This will create much more opportunity for advertising, which will underscore the importance of data on listenership as ad spend will depend on it. Ad spot rates and duration depend on the number and profile of listeners. Also, data is necessary to gauge the popularity of a channel/programme for the advertisers, as well as help the channels devise and schedule programming. Currently, there are 245 stations across 85 cities. Radio’s main appeal is that it caters to the local market, allowing advertisers to reach very specific audiences and avoid a spillover, as on TV.

However, audience measurement has not kept in step with the growth. There is little independent and credible research. TAM Media Research, through Radio Audience Measurement, provides data for FM channels only in the top four radio markets: Delhi, Mumbai, Bengaluru and Kolkata. The Telecom Regulatory Authority of India has made some recommendations for radio audience measurement after consultations with the industry in September 2016.

A study by AZ Research Partners released last year says that 76 per cent of people now listen to FM radio on the mobile. Dawane quotes a FICCI Frames study to say that radio advertising will grow at a CAGR of 16 per cent over the next five years, from ₹2,640 crore to ₹4,780 crore. In India, it accounts for 4-5 per cent of the ad spend, he adds. Dawane, who has filed for provisional and final patents for his technology last year, says it involves a software development kit for broadcast FM radio, audio streaming and podcasts measurement. It involves getting users to download the app from the Google Play Store (or any other direct source) and register by giving their age and gender.

“The whole back end in radio is already digital, should we not be able to automate inventory as well, and make decisions in real time?” says Dawane, whose 25-year career has been spent in marketing and technology roles, in companies such as Vodafone, Bharti, Mauj and Ericsson.

Time to modernise

In real time, radio stations can take action to change programming, and advertisers too can decide on whether and what to advertise and for how long. Current radio measurement in India is fraught with uncertainty – respondents may or may not keep a diary, and then, it’s based on recall, which could be fuzzy.

VTION will supply its technology to research agencies which already have their own panels. It will also work with brands which want data on listenership. Currently, a major research agency is testing its technology. The startup did a pilot last November in Bengaluru, Delhi, Kolkata and Mumbai. It expects to start commercial operations this quarter. Dawane adds that VTION technology could be a meaningful part of a solution to the holistic measurement system that the radio industry needs to have. It has also identified 10 other markets, besides India, which it hopes to enter in the next 12-18 months, which are countries with large radio and audio streaming consumers.

Business Standard |

IIFA returns to Bangkok after 10 years

The International Indian Film and Academy (IIFA) Weekend and Awards will next month return to Bangkok after a decade for its 19th edition, which promises not just Bollywood's glitz and glamour but support to environmental causes and cinema memorabilia too.

The gala will be held June 22-24 at the Siam Niramit Theatre, which is adorned by Thailand's heritage, art and culture and hosts the country's most-popular theatre production.

Wizcraft International, the producers and creators of the IIFA, are gearing up to put up a Bollywood entertainment show interspersed with cultural elements from Thailand.

Andre Timmins, one of the three forces behind Wizcraft International, told IANS:

"We're excited to go back to Bangkok. There are a lot of interesting things we are doing and we hope this edition becomes exciting for people to come and have fun."

Lisbon and Paris were the other places they were considering for this year.

"But we chose Bangkok because we felt it's close by and this year we thought we will go somewhere close. And Bangkok is a place that has changed tremendously. There are more flights, hotels, restaurants and our industry loves Bangkok," Timmins said.

The main awards gala on the last day will be hosted by the inimitable Riteish Deshmukh and Karan Johar, both known for their quick wit. Among the performers will be stars like Ranbir Kapoor and Shahid Kapoor.

For Ranbir, returning to the IIFA stage would be special as he had won the Best Debutant Award at the 2008 Bangkok edition of the gala."

The IIFA Rocks, a musical night which precedes the IIFA Awards ceremony night, will be co-hosted by Ayushmann Khurrana and Katrik Aaryan. Adding a unique charm to the event will be composer Pritam.

"Pritam is doing a very interesting piece using a lot of local Thailand musicians and instruments. He is putting together something very different," Timmins said.

Apart from the visual spectacle they intend to offer, they IIFA has tied up UN Environment for the campaign "Beat Plastic Pollution", the theme for World Environment Day 2018. Actress Dia Mirza, the UN Environment goodwill ambassador for India, will front this.

They have also partnered with Woosh Washing Expert to support the cause of equality at home - 'Barabari Ghar Se Shuru', which will raise awareness for women empowerment and gender equality.

Additionally, with an aim to preserve cinema heritage, this year IIFA Foundation will be collaborating with Osian's auction house to showcase vintage cinema memorabilia at an exhibition event .

"Because we celebrate cinema, we would also like to do something towards saving Indian cinema, whether it's archives, posters or showcasing our heritage through the years. We are doing an exhibition in collaboration with Osian's," said Timmins.

There will also be a IIFA-FICCI forum focusing on business-related elements.

Last year, Karan Johar's "Nepotism rocks" stunt on the stage sparked a controversy in Bollywood. Are they going to be more careful about the show's script this time?

"We definitely are going to look at that. Every year is different, every year we use different scriptwriters and we will keep this in mind," Timmins said with a laugh.

The Times of India |

Allu Sirish: It’s sad to see no participation from the South Indian film frat at Cannes

Bollywood beauties like Aishwarya Rai Bachchan, Deepika Padukone, Sonam Kapoor and Kangana Ranaut have been making their presence felt at the ongoing Cannes Film Festival. And joining the gang of Indian actors at Cannes was none other than mana Tollywood star Allu Sirish, who returned to the city this Monday. Sharing his experience, the actor says, “I was invited by FICCI to participate in panel discussion on ‘regional cinema’, where we exchanged ideas about how we can make Indian content that will appeal to the global audience. For me, it was simply a learning experience and meeting a lot of talented filmmakers and actors.”

However, Sirish dismisses the myth that Cannes is all about glamour and fashion and says that once you get past the red carpet, there’s some serious cinema discussion that takes place. “I think the red carpet, glamour and parties overshadow the importance of the festival. Everyone is under impression that Cannes is all about wearing designer outfits and flaunting them on the red carpet. But that’s not what it’s all about.

Even though I walked the red carpet, I was more interested in the movies out there. I watched films from all over the world, including a Chinese film Ash is The Purest White and Sharad Kelkar’s Marathi film Idak. I was keen on watching Nandita Das’s Manto, but had to give it a miss as I had to catch the flight back,” he says and adds, “I realised how big the world of entertainment is, beyond Tollywood and Bollywood. Most of us aren’t aware of the regional industries — a lot of films from the North East and Marathi industry too showcased their films at the festival. I also got to know that some films are made and sold at the festival and some filmmakers come here especially to sell the remake rights of their film. People here just meet and discuss work and collaborate with one another. It’s just awesome!”

Given that the Oka Kshanam star was the only one presence from the Telugu film industry at the festival, he called for a wider participation from the south at Cannes. “I realised that Tollywood is considered a giant industry out there and people look up to Telugu cinema. We have a huge market abroad and people watch our films. So, when nobody from South or Tollywood goes there to represent our industry, it’s sad. Even the I&B Ministry was complaining about how artists/actors from South don’t visit Cannes. I would want to call out to all those listening to please go and make our presence felt out there. Being my first ever Cannes visit, it was a once-in-a-lifetime experience and I wish to visit next year again,” he signs off.

Deccan Chronicle |

Allu Sirish enjoys a taste of world cinema

Actor Allu Sirish is extremely excited after having had his first taste of the Cannes Film Festival. “I primarily went there to watch different kinds of films in different languages and to meet filmmakers from around the world. I also participated in a few seminars organised by the Ministry of Information and Broadcasting and FICCI at the India Pavilion,” Sirish says.

The young movie buff is enamoured of the global entertainment world. “After watching all those films, I realised how big the world of entertainment is, beyond Tollywood and Bollywood. Within India itself we are unaware of other regional industries,” he says.

Sirish had the opportunity to meet with tennis player-turned-Hollywood film producer Ashok Amritraj, Shaji Karun, Bharat Bala and several other Indian filmmakers. The actor also became acquainted with a Chinese stylist, a perfume-maker, and fellow cinema-lovers from Morocco, France and Argentina. “It was a very informative experience meeting all those people. We spoke about cinema mostly,” he says.

live mint |

Netflix eyes the crown with local content in India

Netflix plans to expand its local content in India over the next year with special focus on producing original feature films, a top executive at the American video streaming platform said. Apart from acquiring movies which are already released in theatres, the company is keen on made-for-Netflix movies.

“We have a plan where we are expanding our originals initiative in India to not just do more web series, but also more films,” Erik Barmack, vice-president, International Originals, Netflix, said in a phone interview. “Our goal is to get eight to 10, maybe 12 films that are originals, produced and delivered per year,” These, added Barmack, would be in addition to the films Netflix acquires from movie studios.

Netflix recently named Shrishti Behl as director, international originals, India. Industry experts estimate the company has set aside Rs 500-600 crore per year to invest in original content in India. So far, it has signed deals with Shah Rukh Khan’s Red Chillies Entertainment, Anurag Kashyap’s Phantom Films and Anil Kapoor Film and Communication Network Pvt. Ltd.

“Our investment in India is going to be fairly deep. We’re looking at really high-quality films that feature important Indian talent for a global audience,” Barmack said. According to a 2017 FICCI-EY report, 250 million Indians consume online videos, making the country a natural choice for companies such as Netflix.

Little surprise, then, that Behl’s appointment is seen as a major coup. Behl has been involved in several film and television projects.

“What Amazon has done by signing up leading production houses and corporate studios is a no-brainer, but Netflix is working more organically to look for people who are rooted and connected to the industry. It may be a longer route, but they’re identifying the best possible resources,” said Utpal Acharya, founder of film company Indian Film Studios.

Netflix’s The Crown has become one of the company’s most popular original series.

The Times of India |

Four National Award-winning films to be screened at Cannes

After being honoured at the 65th National Awards last month, four regional films have now been hand-picked for screening by the official Indian delegation heading to Festival de Cannes that starts on May 8. The Assamese film 'Village Rockstars', Malayalam feature 'Bhayanakam', the Jeseri film 'Sinjar' from Lakshwadeep and the Bengali drama 'Nagarkirtan' are the selected films. The India Pavilion, organised by the Union Ministry of Information and Broadcasting in association with FICCI, at the Cannes Film Market (the business arm of the Cannes Festival); will see a robust representation from India. For the first time in years, Smriti Irani, the I&B Minister, will lead the contingent.

Irani is gearing up for a busy schedule at the French Riviera with her team comprising Ashok Kumar Parmar (Joint Secretary, Films, Ministry of I&B), Vinod K Jacob (Joint Secretary, ED, Ministry of External Affairs), Prasoon Joshi (Chairman, Central Board of Film Certification), Vani Tripathi Tikoo (Member, Central Board of Film Certification), filmmakers Shaji N Karun (Malayalam), Jahnu Barua (Assamese and Hindi), Bharatbala (Tamil) and Malayalam actress Parvathy (who debuted in Hindi films with 'Qarib Qarib Singlle').

Elaborating on the plans, Vani Tripathi Tikoo told BT, “The agenda is very simple. Indian cinema has to go global. We’re trying to have a comprehensive approach and equal representation for films across languages. Since there are limitations of time and space, we can only accommodate four films this time. Films like 'Nagarkirtan', 'Village Rockstars', 'Bhayanakam' and 'Sinjar' are very important in the larger scheme of things. The idea is to step up our effort to bring films like these into the spotlight which is very difficult for them to achieve on their own. The National Awards underlined the fact that cinema made in diverse languages has immense potential. Hindi films find their way to Cannes with a lot more ease. So, our focus is to pave the way for other films that need that push.”

Filmmaker Bharatbala adds, “The film facilitation platform will be aggressively marketed. The point that will be driven home is that India will give a single-window clearance for international film productions to take place in the country. This is our effort to attract more producers to bring their projects here. The reason we have enlisted artistes like Parvathy in the official delegation is because actors also represent our cinema. When people interact with the official Indian delegation, they must also get insights into our industry through our actors, apart from the directors and the writers.”

In 1946, Chetan Anand’s 'Neecha Nagar' became the first Indian film to gain recognition at the Cannes Film Festival. It shared the Grand Prix du Festival International du Film (Best Film) Award at the first ever edition of the festival with 10 other entries. Vani points out that since then, the Indian film industry has taken huge leaps forward.

live mint |

Viacom18 Motion Pictures launches digital content brand Tipping Point

Film production and distribution studio Viacom18 Motion Pictures announced the launch of its digital content brand Tipping Point on Wednesday. Tipping Point will be creating web series, short films and non-traditional formats with unconventional narratives for the digital platforms.

“Having conquered the big screen through unconventional narratives, it is time for Viacom18 Motion Pictures to make its mark in the rapidly emerging digital content space,” said Ajit Andhare, chief operating officer, Viacom18 Motion Pictures, in a statement. “Tipping Point - our digital content brand will appeal to consumers looking for edgy, contemporary, provocative yet relatable content typically missing in the traditional or mainstream media. Through Tipping Point, Viacom18 Motion Pictures will evolve from being a film studio into a holistic content studio, reaching beyond theatrical offerings into millions of screens on mobile and personal devices with its unique storytelling,” he added.

First to be included among Tipping Point’s offerings is a web series called X Ray – Selected Satyajit Shorts. This is a 12-part series directed by filmmaker Srijit Mukherji known for films like Begum Jaan, Rajkahini and Yeti Obhijaan. The company is also working on an untitled crime thriller created by Imtiaz Ali and Jamtara, the story of a small district in Jharkhand, known to be India’s phishing capital, directed by Soumendra Padhi of Budhia Singh-Born to Run fame. It is also making Best Days, a psychological thriller by Abhishek Sengupta of web-series Lakhon Mein Ek fame.

To be sure, Tipping Point will have to compete with content creators feeding a cluttered OTT (over-the-top video streaming) market in India. Streaming services have flooded the Indian market over the past two years with around 30 players vying for audiences’ attention. These include both American services like Amazon Prime Video and Netflix as well as a host of local platforms like Balaji Telefilms’ ALTBalaji and those owned by broadcast networks like Star India’s Hotstar and Sony Entertainment Television’s SonyLIV. Viacom owned digital platform VOOT is also a part of the OTT stable.

According to the FICCI-EY media and entertainment industry report 2017, about 250 million people viewed videos online in 2017 and these numbers are expected to double to 500 million by 2020. Around 40% of total mobile traffic came from the consumption of video services in 2015 and this figure is expected to touch 72% by 2020

The Times of India |

Smriti Irani-led delegation to promote Indian cinema at Cannes

I&B Minister Smriti Irani has been speaking about the power of regional cinema quite often of late - from a conversation with Karan Johar at FICCI Frames in March to the National Awards being dominated by regional films this year, and her plans to show our National Award-winning films at Cannes. Her plans to ensure a wider global platform for Indian films are taking shape this month as she leads a delegation to the Cannes Film Festival. The idea is to promote the diversity in Indian cinema - with films in so many languages, she doesn’t want to restrict cinema to just Hindi films. A few films that were part of the National Awards are also planned to be screened there.

The official delegation led by Irani includes Central Board of Film Certification (CBFC) Chairman Prasoon Joshi, CBFC member Vani Tripathi Tikoo, filmmakers Shaji N Karun, Jahnu Barua and Bharat Bala, and actress Parvathy, who won the Silver Peacock for best actress at IFFI in 2017 for her role in Take Off.

In Irani's signature style, the India pavilion at Cannes has been designed with vibrant Indian colours and is a reflection of our cinema. The pavilion is also planning to host registered Indian delegates facilitating meeting spaces and networking with buyers, festival representatives and international delegates.

The Hindu Business Line |

I&B Ministry wants more local participation in FM radio e-auctions

The Information and Broadcasting Ministry is engaging with national and regional industry bodies, as part of its efforts to encourage more and more local entrepreneurs to participate in the e-auction of the third batch of private FM radio frequencies under FM Radio Phase-III policy.

Information and Broadcasting Minister Smriti Irani told BusinessLine, “We have been engaging with various stakeholders on how to ensure more and more people bid for local FM radio frequencies, especially in smaller towns. In the past, the bidders have been very limited.”

“We have reached out to industry bodies such as the CII and FICCI and stakeholders in the local industry bodies in this regard. We want more and more local entrepreneurs to bid for these FM radio frequencies,” she added

In December last, the Cabinet gave its nod for auctioning more than 683 FM radio channels in 236 cities, including the border areas in Jammu and Kashmir and the North-Eastern States. The government said the auctions are expected to generate revenues of more than ₹1,100 crore.

The Ministry is learnt to be testing the infrastructure, including security checks, as part of the preparations for the e-auction. It will also appoint independent external monitors to oversee the e-auction of the subsequent batches of private FM radio channels.

The first batch of auction of private FM radio stations was conducted in 2015, while the second batch auction was done in 2016. While 97 FM radio frequencies were sold in 56 cities in the first batch, 66 radio channels in 48 cities were sold in the second batch.

The government had earlier said the rollout of the third batch auctions will help expand the FM radio coverage to new cities and provide better choice of content to listeners.

“With the complete rollout of FM Phase-III auctions, all the 29 States and 6 out of the 7 UTs (except Dadra & Nagar Haveli) will be covered by private FM radio broadcasting. This is also likely to generate direct and indirect employment of more than 10,000 persons on a pan-India basis,” an official statement had said. The third batch auctions are expected to be conducted some time later this year.

Business Standard |

How distribution challenges make it harder for regional cinema to bloom

With films like Sairat (Marathi, 2016) and Baahubali 2: The Conclusion making a mark at the box office, the regional film industry in India has definitely got a boost over the past few years. According to the FICCI EY media and entertainment report, most regional film industries clocked double-digit growth in 2017, and the trend is expected to continue.

Having said that, the fragmented nature of regional cinema in the country means that all languages may not, rather will not, grow at the same pace. In fact, experts believe that while the four southern languages and Marathi have found success, regional cinema in general still grapples with some basic issues.

Aniruddha Roy Chowdhury, director of Bengali films likes Antaheen and 2016’s runway Bollywood hit Pink says, “Distribution is an important issue. Markets like Telugu have an upper hand since Andhra (Andhra Pradesh and Telangana) have more than a thousand screens. Maharashtra also has a large number of screens and so for Marathi films, distribution becomes easier. These languages will, of course, get a fillip.”

He points out that while content may be appreciated until the distribution model is not established. For example, he says, Bangladesh is a huge market for Bengali films, but it has not been tapped into to its full potential. Distribution is also hindered by state policies and ease of doing business within a state expert believe.

While on the one hand distribution continues to be a pain point for certain language films, markets like Gujarat are stifled because of lack of revenue streams apart from theatrical.

Director of hit Gujarati comedy Gujjubhai the Great, Ishaan Randeria says, “For Gujarati films, the box office is the main revenue stream. There is no satellite component in a way because there is just one channel that buys content and in a monopoly, it’s not always in the producers’ interest (to sell a film to the one channel).”

As a result, many of these industries lack the investments to improve the quality of production, and at times to even efficiently market films. While tying up with a Bollywood studio is an option, many regional filmmakers feel it may not always be a good idea. “It depends on the script. Some films have a universal appeal and so dubbing or subtitling in Hindi for mass reach makes sense. Others may not have an appeal beyond the region and so you have to take that into consideration,” he adds.

Tamil director Vijay adds that some aspects of the script may need to be changed in this case, and content will need to be adapted according to the market it travels to. “However, there are different forces at play. Getting actors to sign on, for example. It’s not always easy for a movie to travel across languages,” he feels.

While the challenges are many, filmmakers across the board are optimistic that with the emergence of over-the-top (OTT) platforms and their interest in acquiring a diverse library, revenues will start to flow in. The availability of content through legal means may also help curb piracy in India and abroad over the long run. But for now, producers hope to overcome challenges in distribution to make the next Sairat or Baahubali.

afaqs |

Story of Indian media: What is the economic value of television business?

Regional content, be it films or documentaries, comedy or music, has been firing up the Internet in India for a few years now. With cheap data and easy access to content, small local libraries such as Hoichoi (for Bengali content) and national home grown platforms such as Alt Balaji, Voot from Viacom 18, Hotstar from Star India and, besides of course the dedicated channels for several Indian languages on YouTube, have flourished.

Now Netflix, Amazon Prime and Hotstar are raising their stakes in the game, commissioning original shows and going all out to acquire regional films for their libraries. Could this sound the death knell for local entertainment platforms or will the entry of the big brands help deepen the language market further? "India is one of the largest internet markets in the world and we have seen strong growth since our launch," says Jessica Lee, vice president, Communications-Asia, Netflix.

The availability of regional content on Netflix has increased significantly since its launch and a range of titles, old classics to modern hits in Marathi, Bengali, Tamil, Malayalam and other languages, are a part of the library. Ditto for Amazon and the rest.

Experts say that the Indian market appears to be hugely lucrative given the vast numbers of Internet users and untapped potential, but when Indian and international over-the-top platforms look to grow their presence in the country the multiplicity of languages is a challenge. But this is also an opportunity, according to the recently released FICCI-EY report (Re-imagining India's M&E sector) rural viewers will make for 52 per cent of the total Indian Internet user base by 2021.

Also the preference for regional content has been steadily rising with 93 per cent of the time spent on videos is in languages other than English. With an eye on these numbers, American e-commerce giant Amazon has signed multiple output deals with Bollywood and regional studios for its Prime Video service in India. Netflix too has acquired a vast amount of content in various languages since it set up shop in India in 2016.

Viacom18's OTT platform VOOT (launched in May 2016) currently has content in multiple Indian languages including Kannada, Bangla, and Marathi. In December last year, the platform also announced it will be making web-series in regional languages this calendar. "Over the past year and a half, we've noticed that almost 25 per cent of our consumption happens in the regional space (example Big Boss).

So, we're confident there is appetite for VOOT Originals in the regional markets. And since we're entering the Tamil market in TV, we thought it would be a good idea to compliment that with content on VOOT in the language as well," said Gaurav Gandhi, COO, Viacom18 Digital Ventures. The opportunity in regional content has been harnessed by local platforms too.

Players such as Hoichoi are dedicated to the language consumer, Bengali in this case but there are similar ones in other languages too.

Hoi Choi went live in 2017 and the goal it says is not only to reach Bangla speaking audiences in India, but expand beyond Indian borders and reach out to the diaspora as well.

Vishnu Kant Mohta, co-founder and director, Hoichoi says, "There are 250+ million Bengalis residing worldwide who do not have access to Bengali movies, be it new or old. With the advent of smartphones and digital platforms, the thirst for web content has also increased in the past decade."

He says that according to Times Internet, regional languages have surpassed English with a 66 per cent share in overall content consumption and that is the reason behind the big thrust into the country's linguistic minefield. Interestingly these platforms are all built on a subscription-led model. Will the growing aggression among large global platforms in the regional space obliterate the local players? Not many are willing to bet on a yes or a no.

Change is a given but in all probability, the sector will see a spate of alliances and sharing agreements in 2018 they say. Netflix seems to hint at the same. "We are focused on primarily on content, partnerships and technology, to drive a great Netflix experience in the market. Key to our content strategy is becoming a leading producer and distributor of high-quality Indian content.

Currently, members can watch local content in several languages on Netflix, including Hindi, Gujarati, Marathi, Tamil and Punjabi, and we will continue expand this regional offering," says Jessica Lee. While players like Netflix, Amazon are focused on building strong local libraries, Indian entertainment giants like Viacom18 and Zee are leveraging the extensive television content libraries in multiple languages to promote their online video streaming platforms.

The interest of OTT players in regional content libraries is also a result of the growing popularity of language films at the box office. Over the past few years, regional cinema has found success at the box office, along with critical acclaim. Whether it was the magnum opus Baahubali franchise, or the small budget love story Sairat, audiences flocked the theatres and set the cash registers ringing.

Experts see the relationship between regional content creator and streaming platforms as symbiotic. "Regional films are saddled with some basic issues of revenue streams and OTT is a good option to monetise the IP. For players like Netflix and others, it goes a long way in strengthening a diverse library not only for India, but for international audiences too," says one expert.

Business Standard |

'Instead of segregating, bring regional films under one umbrella'

India's diverse regional film industry has the power to add to Indian cinema's growth, and so, it must be brought under one umbrella for it to leave a larger impact, says Madhu Chopra of Purple Pebble Pictures, which has backed movies in Bhojpuri, Marathi, Punjabi, Sikkimese, Assamese and Bengali.

Madhu is the mother of Bollywood actress Priyanka Chopra, who co-owns the banner and plays an active part in selecting the scripts and stories of the projects.

Asked why they decided to produce films in different languages rather than sticking to one, Madhu told IANS: "I think most of the regional film industries are small as compared to Bollywood... Therefore, instead of segregation, all the regional film industry should come under one umbrella to grow bigger as the Indian film industry.

"Our company believes in that, and that is precisely the reason we are producing and supporting films in different languages, trying to contribute in different regional cinema."

"Bam Bam Bol Raha Hai Kashi", "Ventilator" and "Sarvann" are some of the titles backed by their production banner.

What gives them the confidence of greenlighting a project of a film whose language is unknown to them?

Madhu said: "It is the power of the story that we celebrate. Whether it is travelling to festivals or getting critical acclaim, we are here to back some good stories, to make good cinema.

"And we believe that budgeting a film depends on its subject, not by planning if we are taking it to the festival or going to have a commercial release. We started the company to encourage new talent, so that is our priority."

The focus is also on increasing the viewership of their productions.

"We are planning to release our films dubbed in Hindi to reach a larger audience.

Every regional story reflects its culture, society, people and their lives. If you are a Gujarati, for example, and you want to take a close look at the Bengali or Assamese society and their people, you can do best by watching a film from that part of the land.

"If it is dubbed in Hindi, you can enjoy the story without any language barrier. This is how we can push our boundaries to create a market for ourselves and grow," she added on the sidelines of the FICCI Frames 2018, which concluded here last week.

Purple Pebble Pictures' Marathi film "Ventilator" not only earned box office numbers but also won a National Award. Its Sikkimese film "Pahuna - The Little Visitors" premiered at the Toronto International Film Festival 2017.

According to Madhu, there are no other categories of cinema except "good" and "bad" as she believes the audience has matured enough not to watch anything nonsensical in the name of commercial cinema.

"Those films just do not work. People come to watch a story," she said, excited about sharing with the world, their Assamese language film "Bhoga Khirikee", directed by Jahnu Barua.

The Hindu Business Line |

Digital-only media consumers to reach 4 m by 2020

Fuelled by increasing smartphone penetration and affordable data-pricing in the country, the number of ‘digital-only consumers’ of content is set to more than double to 4 million by 2020, a report by FICCI-EY has said.

The report titled ‘Reimagining India’s M&E sector’ estimates that there are around 1-1.5 million digital-only consumers’ in India today, who do not normally use traditional media.

“This customer base (is expected) to grow to around 4 million by 2020 and generate significant digital subscription revenues for the media and entertainment (M&E) sector,” it added.

It noted that the proliferation of digital infrastructure will enable shifts in consumption patterns, which will be based not as much on geographic, gender and age criteria, but more on the ability to pay.

Tactical digital consumers — who consume both paid television (cable and DTH) and have at least one OTT subscription (such as Netflix, Hotstar or Amazon Prime Video) or are driven by sachet pricing of content — will provide high volume-lower value subscription base to content distributors. “This segment could, on the back of digital and micro payment systems being rolled out in the country, reach as high as 20 million households by 2020 (from six million now),” the report said.

By 2020, India is expected to become the second-largest online video-viewing audience globally, given the exponential growth of video consumption over digital media.

Television Post |

Supari Studios wins Best Animated Ad Film for ‘Why Karo’, FICCI Frames BAF Awards 2018

Supari Studios won the prestigious ‘Best Animated Ad Film’ award at FICCI Frames BAF Awards 2018, that took place on Monday, 5th March, 2018. Speaking about the award, Aditya Tawde, head of Post Office (Supari’s post production and VFX unit), said “We are extremely excited about receiving this award; it gives us some validation for the hard work the team puts in every day. Harsh Sharma, who directed this piece, put in a lot of effort to make sure the emotion of Meera and her family comes out with this minimalist style of animation.”

The film ‘Why Karo’, was created for the NGO ‘Karo’. In August 2017, we teamed up with the NGO and produced this short animated piece about a little girl from a low income family and her battle with cancer. Multiple bits of cell animation were seamlessly blended with digitally illustrated backgrounds. The frames were composited in After Effects combined with well-defined 2D animation. Different layers of treatments were added to achieve the emotion that is displayed throughout the film.

The Indian Express |

Digital-only media consumers to reach 4 million mark by 2020: Report

Fuelled by increasing smartphone penetration and affordable data pricing in the country, the number of ‘digital-only consumers’ of content is set to more than double to 4 million by 2020, a report by FICCI-EY has said. The report titled ‘Reimagining India’s M&E sector’ estimates that there are around 1-1.5 million ‘digital-only consumers’ in India today, who do not normally use traditional media.

“This customer base (is expected) to grow to around 4 million by 2020 and generate significant digital subscription revenues for the media and entertainment (M&E) sector,” it added. It noted that the proliferation of digital infrastructure will enable shifts in consumption patterns, which will be based not as much on geographic, gender and age criteria but more on the ability to pay. Tactical digital consumers – who consume both paid television (cable and DTH) and have at least one OTT subscription (like Netflix, Hotstar or Amazon Prime Video) or are driven by sachet pricing of content – would provide high volume-lower value subscription base to content distributors.

“This segment could, on the back of digital and micro payment systems being rolled out in the country, reach as high as 20 million households by 2020 (from six million now),” the report said. By 2020, India is expected to become the second largest online video viewing audience globally, given by the exponential growth of video consumption over digital media. By 2020, the largest segment of consumers will consume traditional media (either pay or free) and free OTT (over the top) content on the back of falling data charges and growing free Wi-Fi access.

“We expect these consumers to cross 500 million by 2020. Over time, a portion of these consumers could start paying for small bites of content using their UPI and BHIM mobile apps,” the report said. Overall, the M&E industry is poised to touch $31 billion by 2020. “With the fall in broadband pricing triggered by Jio, the gap between the cost of watching an hour of TV on broadband and traditional cable or DTH has significantly reduced,” it said. It also pointed that increasing affordability of smartphones along with availability of data packs providing 1.5GB per day for around Rs 5, have made it affordable for consumers to watch content on the go.

While currently, it is still more expensive to watch TV using broadband (than traditional routes like cable TV), the fall in broadband price pose a threat to the cable and DTH industry. “A number of distribution companies are investing in broadband to mitigate this risk, leading to increased ARPUs (average revenue per user) and margins,” the report said.

Times Now |

Digital-only media consumers in India to more than double by 2020: Report

Fuelled by increasing smartphone penetration and affordable data pricing in the country, the number of "digital only consumers" of content is set to more than double to 4 million by 2020, a report by FICCI-EY has said.

The report titled 'Reimagining India's M&E sector' estimates that there are around 1-1.5 million "digital only consumers" in India today, who do not normally use traditional media.

"...this customer base (is expected) to grow to around 4 million by 2020 and generate significant digital subscription revenues for the media and entertainment (M&E) sector," it added.

It noted that the proliferation of digital infrastructure will enable shifts in consumption patterns, which will be based not as much on geographic, gender and age criteria but more on the ability to pay.

Tactical digital consumers -- who consume both paid television (cable and DTH) and have at least one OTT subscription (like Netflix, Hotstar or Amazon Prime Video) or are driven by sachet pricing of content -- would provide high volume-lower value subscription base to content distributors.

"This segment could, on the back of digital and micro payment systems being rolled out in the country, reach as high as 20 million households by 2020 (from six million now)," the report said.

By 2020, India is expected to become the second largest online video viewing audience globally, given by the exponential growth of video consumption over digital media.

By 2020, the largest segment of consumers will consume traditional media (either pay or free) and free OTT (over the top) content on the back of falling data charges and growing free Wi-Fi access.

"We expect these consumers to cross 500 million by 2020. Over time, a portion of these consumers could start paying for small bites of content using their UPI and BHIM mobile apps," the report said.

Overall, the M&E industry is poised to touch USD 31 billion by 2020.

"With the fall in broadband pricing triggered by Jio, the gap between the cost of watching an hour of TV on broadband and traditional cable or DTH has significantly reduced," it said.

It also pointed that increasing affordability of smartphones along with availability of data packs providing 1.5 GB per day for around Rs 5, have made it affordable for consumers to watch content on the go.

While currently, it is still more expensive to watch TV using broadband (than traditional routes like cable TV), the fall in broadband price pose a threat to the cable and DTH industry.

"A number of distribution companies are investing in broadband to mitigate this risk, leading to increased ARPUs (average revenue per user) and margins," the report said.

Mail Today |

DoT, ISRO turf war pushes up spectrum cost

India builds the world’s cheapest satellites but has the most expensive bandwidth due to the turf war between Indian Space Research Organisation (ISRO) and the Department of Telecom (DoT), a top government official said here on Tuesday.

DoT's special secretary N Sivasailam said : "Here is the paradox, we produce the cheapest satellite but the costliest bandwidth. We require more transponders on satellites.’’

In a candid address at the annual FICCI Frames event, he highlighted the issues of high costs and said ISRO should do more in order to make the charges at par with other countries such as the US.

Sivasailam said there is a problem of domains between DoT and Indian Space Research Organisation (Isro) that has impacted the roll-out of connectivity in the far flung areas for 20 years.

"The problem is of domains. We (DoT) don’t want to leave our domain. ISRO doesn’t want to leave its domain. It is a domain related problem...I do not see people coming together and negotiating this aspect out,’’ he lamented.

Admitting that there is politics which makes things difficult, Sivasailam made a strong case for both the agencies getting over the problems for the benefit of all.

It is time it stopped because it is hurting business development and ultimately people are not getting benefited, he observed.

He also pointed out that the cost of bandwidth in india is much higher than that in the US. ``It requires around Rs 150 to serve one user with the current cost structure in the country whereas in the US, it costs USD 1 or Rs 65. If the US is getting it for USD 1 for the same bandwidth for the life of the satellite, I should be getting it at the same rate. There is no reason why it should not happen in India. That is my refrain,’’ he said.

Conceding that ISRO helps take satellite connectivity to 5,240 far flung locations in the country, Sivasailam explained that the cost of satellite, bandwidth and spectrum makes operations unviable.

If you have the volume of business, we should be able to provide at the rates internationally available and that is a matter of some concern for us. We have been working on it but not necessarily successful on this, he said, stressing that the industry will have to find a solution to the issue.

He said the DoT and Isro also need to work together on this issue. Speaking of self-regulation in OTT services (over the top), he said it cannot substitute regulation. When you talk of regulators way of looking at regulation, it lies on consumer side and that’s where self-regulation in itself will fail when it comes to the consumer, he said.

Sivasailam further stated that while it is particularly important in the telecom sector with issues of call drop and portability, it may not be applicable too much to the broadcasting sector. Sivasailam also spoke of the Trai recommendation on in-flight connectivity, which will be taken to the Telecom Commission sooner than later and in-flight connectivity could be a reality sooner.

The Telecom Regulatory Authority of India (Trai) last month allowed airlines to offer in-flight connectivity. He said there are discussions within the department on whether to allow both voice and data on flights or restrict to voice connectivity alone. The new telecom policy will also be out very soon, Sivasailam disclosed.

Indian Television |

Stakeholders highlight need for sports education

The Khelo India programme has been introduced to revive the sports culture in India by Prime Minister Narendra Modi. The structure starts at the grass-roots level by building a strong framework for all sports played in our country and establishing India as a great sporting nation.

It is no secret that the creative sector is the biggest investor in sports in India. Therefore, the question arises as to what policy framework should be adopted to turn India into an epicentre for investments in sports activities and content.

In a sports-related session titled ‘Khelo India: India’s Sporting Transformation’ at the FICCI Frames 2018, panellists spoke about how India has improved its infrastructural facilities in the area of sports through annual properties like IPL where there are several work opportunities available.

Transstadia founder and MD Udit Sheth said, “Sports infrastructure is a very broad term, we should really talk about how we use them for the benefit of the people. We need to educate kids that sports and education cannot be two different things; together they make people smarter.” International Institute of Sports founder and director and former cricketer Nilesh Kulkarni added that decision making about a career in sports becomes easier if there is proper education available about the different job options present in sports.

Go play Sports LLP consultant Mayank Pande spoke of ways to encourage sports. He said, “If you look at India, 41 per cent of the total population is under the age of 20. To building a seamless structure of sports at the grassroots level, you need to build community-based programmes, a level above that comes the state infrastructure where comes the national circuit and above that, you need to build the iconic platforms that help in pulling the eyeballs. Vertical integration of these three platforms will help in building awareness.”

LawNK managing partner Nandan Kamath said that the IPL has added to the existing cricket fever of the country and ended up filling the pockets of cricketers and packing stadiums to the brim. “It also started building a significant amount of interest in private stakeholders and now franchises came into play through IPL in India.”

A lot of hopes rest on the introduction of the Khelo India programme. With the right structure put in place for the programme, the much-elusive sporting glory may finally be within the country’s grasp.

Indian Television |

Screen Density: Lessons from the world & exploring new business models

On Day 2 of FICCI FRAMES happening in Mumbai, there was a session on Screen Density in India attended by some eminent panelists consisting of Mr. William Feng, VP, Greater China, MPA, Kurt Rieder, Head-Theatrical Asia, 20th Century Fox, Kapil Agarwal, Joint MD, UFO, Kamal Gianchandani, Chief of Stratergy, PVR Ltd, Rajkumar Akella, Managing Director - Theatrical, India, ComScore and Mr. Kulmeet Makkar, Chief Executive Officer, The Film & Television Producers Guild of India Ltd. and Sushil Chaudhary, Founder and CEO, Picturetime Digiplex moderated by Uday Singh, Managing Director, MPDA.

The Panelists discussed the existing scenario of screen density in India and how lessons from other countries can help India explore new business models to improve the screen count.

Addressing the problem of screen density faced in India, Mr. Kurt Rieder, Head - Theatrical, Asia, 20th Century Fox Said "We would like to see more number of screens in tier 2 and tier 3. There are not enough screens per multiplex in tier 1 and 2 because once they build these things, nobody realizes that regional films are going to explode and suddenly the average multiplex probably requires twelve screens."

William Feng, VP- Greater China, MPA gave a presentation on screen density: China Market Development while Sushil Chaudhary, Founder and CEO, Picturetime spoke about the new business module on screen density that aims at targeting audiences of rural areas.

The DigiPlex mobile theatre vans, run by Picturetime, offer their audiences high-quality movie-viewing experience in the rural areas and is an economical option for the audiences in remote areas to catch up with newly released films.

Charging between Rs 30 from to Rs. 70 each viewer, the DigiPlex first pitches a collapsible all-weather canopy that can accommodate at least 120 viewers.

This can help put up more screens at very low cost as compared to building multiplexes in remote and even urban areas.

"With this module, we are also looking at helping regional cinema and campaigns issued in pubic interest." concluded Chaudhary.

Financial Express |

Demand to cut ticket prices to bring back cinema audience

As the film industry grapples with dwindling box office collections with more and more consumers moving to video streaming platforms, industry stakeholders have stressed the need to create “impactful content” to bring audiences back to the cinemas. Speaking at a session on the subject at the FICCI Frames conference here, they also pitched for reducing movie ticket prices, besides creating a new model around release of films in theatres.

Footfalls in theatres have definitely declined, Ajit Andhare, COO, Viacom18 Motion Pictures, said. “For example, If today, a Salman Khan-starrer like Tiger Zinda Hai generated footfall of 3.5 crore, in 1994, his film Hum Dil De Chuke Sanam had a footfall of 7 crore. About half of the audience base now watches films across platforms, including TV and on streaming platforms,” he said.

Dharma Productions CEO Apoorva Mehta said one of the ways to remedy the current situation and salvage the film industry is to create content which is not easily available on any other platform like TV or OTT platforms. “There is a disconnect between content and viewers. The urban audiences who are exposed to international content don’t necessarily want to watch similar India movies, while viewers in tier 2 and 3 cities want to watch different kind of films. Hence, films need to evolve in storytelling,” Mehta said.

Vikram Malhotra, founder and CEO, Abundantia Entertainment, is of the view that consumers are looking for value-for-money experience. “If the monthly subscription of Netflix is equivalent to the price of two tickets of one film, a viewer would opt for the former. As the industry replaces single screens with multiplexes and the cost of ticket rises, one can expect 20% more decline in footfalls,” Malhotra added.

“The gap between a theatrical release and when a film is aired on TV followed by it being telecast on an OTT platform has reduced tremendously. This is also a reason why today a viewer is ready to wait for a film to be aired to TV. The film industry needs to re-work on this process, by creating tighter norms and increasing the time gap,” said Vivek Krishnani, MD, Sony Pictures.

Vijay Singh, CEO, Fox Star Studios, said, as the contribution of Hollywood movies increase in box office collections, Indian film production companies need to focus on creating successful franchise-based films. “Marvel Studios in the West serves as an example on how to make popular franchise lead sequels like Iron Man, The Avengers, etc. We need to create similar popular sequels to get viewers back in theatres,” Singh added.

Distributors, too, concur with the view that filmmakers should create market-specific content. “Instead of making a film for pan-India release, filmmakers need to make market-specific content which can released in tier 1 and 2 cities to generate maximum revenues,” said Akshay Rathie, director, Vidharbha Exhibitors.

Financial Express |

TV, video OTT platforms to co-exist in India, say industry stakeholders

Even as time spent watching content on TV everyday grew 11.3% to 216 minutes in 2017 from the level in 2016, viewers have also taken to watching content on video over-the-top (OTT) platforms. Discussing the topic, ‘The future of TV’, on the second day of the ongoing FICCI Frames here, industry stakeholders reached a consensus that both TV and video OTT platforms would co-exist in India.

“Currently, about 780 million people have access to TV. However, only 52% of rural India is penetrated by television, while 87% people have access to it in urban markets. Also, 86% of India still uses cathode-ray-tube (CRT) TVs that are the old box set and 97% of the market own single TV. About 566 million people daily tune into TV. So, TV is here to stay and a large portion of the next phase of growth will be driven by rural markets, Partho Dasgupta, CEO, BARC, an industry TV ratings body, said.

Ajit Mohan, CEO, Hotstar, said in future, the kind of content viewers would like to watch on TV would change; on digital, people will look for fundamentally different content than what has been working on TV. People will gravitate towards long-form stories on digital that has been the bedrock of TV. And advertisers would pay a premium only in case of those platforms where there is a greater clarity on what kind of consumers its reaches to,” he said.

For Raj Nayak, COO, Viacom18, the future of TV is very bright. “The myth that youth don’t watch TV has been broken. 90% of people watch content on TV sets in the US. In India, about 27% consumers owned smart TVs in 2017 and this is expected to grow by 35% in 2018,” he said.

On ratings and monetisation, Nayak added that a supply demand situation exists. According to him as supply of content increases by creating more touch points be it through launch of new channels or other digital platforms, so would revenues.

MK Anand, MD and CEO, Times Network said, “With the advent of better technology running a broadcast business has become lot easier. Overall, the ability to churn out a channel and take it to the critical mass level is so much simpler at present compared to 2014 and 2015.”

Dasgupta added that TV, too, has evolved and has a strong future despite the growth of OTT platforms.

Lokmat Times |

'Single-window clearance for filmmakers in two months'

Information and Broadcasting Minister Smriti Irani said on Sunday the government is planning to set up a single-window clearance system for filmmakers to facilitate all types of clearances faster and under one roof.

In a conversation with filmmaker Karan Johar at the inaugural session of "FICCI Frames 2018" Irani also sought to draw the film fraternity's attention to the need for personalising digital content for consumers.

Giving details of how a special team is working to this end, Irani said: "We have seen how National Film Development Corporation(NFDC) and Children's Film Society of India (CSFI) work separately, which sends out a message to the world that it is a fragmented industry.

"So our government is aiming to bring all these departments under one umbrella so that a filmmaker with an idea does not have to run from one desk to another to get the support for executing a film."

"We will ensure that the umbrella organisation is created by the industry representatives that we have invited, in the next two months," she added.

Asked about her opinion on how exhibition in limited number of screens is affecting the box office collections, Irani said: "I think the answer lies in personalising content for viewers. But, it is not only about creating content but also distributing it.

"(The problem is) we look at distribution from the capacity of multiplexes, but if you look from the consumers' point of view, it's the...content that matters."

Business Standard |

Media and entertainment sector ripe for mergers and acquisitions

A panel of experts discussing the future of mergers and acquisitions (M&A) in the media and entertainment (M&E) sector was optimistic about deal activity and consolidation here.

While regulatory hurdles persist, the emergence of numerous digital platforms, rising popularity of gaming as a segment and investments in the film industry, the sector is looking at a healthy activity period.

Media veteran A P Parigi believes that in the past, M&A activity was impeded by a lack of willingness among banks to take risks in M&E. "With PEs (private equity investing entities) coming in, this changed. This and listing of companies brought in the risk capital to facilitate acquisition," he says.

Farokh Balsara, partner and M&E leader at consultants EY, says: "Segments that have done well (in terms of investment) like cable, DTH, etc, are where the government has increased the FDI (foreign direct investment) limits. These segments have seen a lot of investment. According to a Capital Confidence Barometer we conducted late last year, 97 per cent of respondents felt that the global economy was stabilising and 60 per cent felt it was time to make acquisitions in emerging markets like India."

Additionally, the proliferation of digital platforms has led the sector to a place where acquisitions will take place to ensure sustainability. Similarly, in film exhibition, operational issues could lead the smaller exhibitors to sell to bigger players.

Alok Tandon, chief executive at Inox Leisure, says: "We are short currently of 9,000 (operational) screens. The growth since 2011 has come from multiplexes. Single screens do not have the convenience of programming multiple shows in a day and have around 1,000 seats per screen, very difficult to fill."

More, organic expansion by multiplexes is slowed by multiple hurdles on the regulatory front and to slowing in the mall development sector.

So, multiplexes will look at inorganic expansion to strengthen their screen portfolios.

Challenges in terms of gaming come in the form of lack of understanding of the business models, both on the investor and consumer fronts. "The challenge is to explain the business model in gaming (to investors). A lot of people don't understand how money is made from gaming. The second challenge is to explain to them who the consumer is. Sons, daughters, nephews and nieces become important influencers," explains Manish Agarwal, chief executive at Nazara Technologies. Nazara filed a draft prospectus with the markets regulator last month. It would be the first online gaming company in India to go for an Initial Public Offer of equity.

Parigi cautioned that the basics of M&A apply to this sector as well. "Companies need to know why the acquisition is being done and then work on the how. Do enough homework and then figure out the best way to go about it, especially when it comes to the regulations," he says.

Financial Express |

Good news for Media and Entertainment industry: Report projects a Rs 2 Lakh crore sector by 2020

The media and entertainment (M&E) industry is projected to be more than Rs. 2 lakh crore ($31 billion) by 2020, growing at a CAGR of 11.6%, according to the the FICCI-EY report ‘Re-imagining India’s M&E sector’.

The report was released in Mumbai on Sunday, the first day of the annual media and entertainment conference — FICCI Frames. The industry was valued at Rs 1.5 lakh crore ($22.7 billion) in 2017.

Much of the growth was led by the increase in advertising revenues on digital medium that accounted for 17% of the total ad spend, even as TV’s share remains the largest at 66%.The report said advertisers shifted spends to the digital medium. In 2017, revenues including advertising as well as subscription on digital grew 29.4% to reach Rs. 11,900 crore. While advertising revenue on digital grew by 28.8%, subscription revenue grew by 50%. However, subscription still remains a small portion at just 3.3% of the total digital revenues.

“Indian media and entertainment sector reached Rs 1.5 trillion in 2017 led by digital. The number of digital subscribers is expected to reach 20 million by 2020,” Farokh Balsara, partner and media and entertainment leader, EY India, said.

Ashish Pherwani, partner and media and entertainment advisor leader, EY India, said, “Growth in 2017 was led by the digital, film and animation, besides VFX segments. We expect sectors like digital and gaming to grow between two- and three-fold by 2020.”

As per industry estimates, there are around 20 lakh paid digital subscribers across application providers, and between 10 lakh and 15 lakh customers have moved entirely to digital media consumption. Analysts expect that by 2020, there would be 4 million digital consumers on video over-the-top (OTT) generating subscription revenues of Rs 2,000 crore.

Moreover, 25 crore people viewed videos online in 2017. This is expected to double to 50 crore by 2020. The key reasons behind higher adoption of digital are availability of niche content, global content, increased OTT-only content, sports and falling data charges.

Meanwhile, television revenues grew 11.2% (9.8% net of taxes) to Rs 66,000 crore in 2017 from Rs 59,400 crore in 2016. Advertising revenues which accounted for 40% of the spend grew to Rs. 267 billion in 2017 as distribution revenue increased to Rs. 393 billion. Broadcasters generated 60% of their revenues from distribution, while subscription revenues (including international subscription) contributed to approximately 28%.

The print accounted for the second-largest share of the sector, growing at 3% to reach Rs 30,300 crore in 2017. Print media is estimated to grow at an overall CAGR of approximately 7% till 2020 with vernacular at 8%-9% and English slightly slower. This growth is expected despite the FDI limit remaining unchanged at 26% and therefore, restricting access to foreign print players and the imposition of GST at 5% on the advertising revenues of the print industry for the first time, the report said.

While magazines contributed 4.3% to the total print segment, the segment was at largely status quo with not many significant new launches in 2017.

The film segment grew 27% to reach Rs. 15,600 crore in 2017 on the back of box office growth – both domestic and international – coupled with increased revenues from sale of satellite and digital rights. However, the industry witnessed slowdown in mergers and acquisitions, with the number of transactions decreasing to 40 deals valued at $1,261 million in 2017 from 56 deals valued at $2,863 million in 2016.

The Economic Times |

Indian media may touch Rs 2 lakh crore by 2020: Report

India’s media industry, harnessing the growth in the broader economy and increasing disposable incomes, may expand in double digits to touch about Rs 2 lakh crore (Rs 2 trillion) in the next two years, said the latest edition of the sectoral report.

‘Reimagining India’s M&E sector’, the FICCI-EY report released on Sunday by Union information & broadcasting minister Smriti Irani, put the industry’s size at Rs 1.5 lakh crore currently, and it expanded 13% last year. Growth in the digital medium demonstrated that advertising budgets are in line with the changing content consumption patterns.

Ashish Pherwani, partner EY India, said, “Growth in 2017 was led by the digital, film & animation & VFX segments. We expect sectors like digital and gaming to grow between two and three times by 2020.” While demonetisation and GST rollout affected advertising across sectors, digitisation helped subscription revenue to accelerate faster. However, advertising is expected to continue expanding until 2020, led by the digital medium.

DIGITAL MEDIA

It continues to lead the growth charts on advertising. Even as subscription revenues are emerging and are expected to make their presence felt by 2020, digital media grew 29.4% in advertising and 50% in subscription last year. Subscription, which was just 3.3% of total digital revenues in 2016, is expected to grow to 9% by 2020.

PRINT

After digital, it was print that accounted for the second largest share of the Indian M&E sector, growing at 3% to reach Rs 30,300 crore in 2017. Print media is estimated to grow at an overall CAGR of approximately 7% until 2020, with vernacular at 8-9% and English slightly slower, despite the FDI limit remaining unchanged at 26%. While magazines contributed 4.3% to the total print segment, the industry was largely at status quo with not many significant new launches in 2017.

Interestingly, the report highlights that today, 98% readers read dailies and 20% read magazines, in a reader base of 395 million, or 38% of the population. Readership has grown by 110 million over the last three years with the rural reader base (52%) being larger than urban (48%).


TELEVISION

TV industry grew from Rs 59,400 crore to Rs 66,000 crore in 2017, a growth of 11.2% (9.8% net of taxes). While advertising grew to Rs 26,700 crore comprising 40% of revenues, distribution grew to Rs 39,300 crore, 60% of total revenues. FICCI-EY expects advertising to grow to 43% of total revenues by 2020.

FILMS

The Indian film segment grew 27% in 2017 on the back of box office growth —both domestic and international — coupled with increased revenues from sale of satellite and digital rights. All sub-segments, with the exception of home video, grew and the film segment reached Rs 15,600 crore in 2017. Hindi films made up almost 40% of the net domestic box office collections annually, despite comprising only 17% of the films made.

Business Standard |

Indian media & entertainment sector to touch Rs 2 trn by 2020: EY India

The country’s media and entertainment (M&E) sector touched Rs 1.5 trillion ($22.7 billion) in 2017, with a growth of around 13 per cent over 2016. A study by the consultancy firm EY India said this is expected to cross Rs 2 trillion ($31 billion) by 2020, with a compounded annual growth (CAGR) of 11.6 per cent.

This growth is being led by the digital segment, showing that advertising budgets are in line with the changes in content consumption patterns. The report observes the sector continues to grow faster than that of the country’s gross domestic product. Subscription growth outpaced advertising during 2017 but advertising will continue to grow till 2020, led by the digital segment.

Farokh Balsara, partner and M&E leader at EY India, asked: “The Indian M&E sector reached Rs 1.5 trn in 2017, led by digital. With digital revenues expected to cross Rs 220 bn by 2020, has Indian M&E reached it’s digital tipping point?"

"We now need to re-imagine the Indian M&E sector,” Balsara suggested.

Digital

Ashish Pherwani, partner and M&E advisor at EY India, said: “Growth in 2017 was led by the digital, film and animation and VFX (visual effects) segments.”

Digital media has grown significantly over the past few years. And, continues to lead the growth charts in advertising. Subscription revenues are emerging and are expected to make their presence felt by 2020. In 2017, digital media grew 29.4 per cent (27.8 per cent, net of the impact of goods and services tax), on the back of 28.8 per cent growth in advertising and of 50 per cent in subscription.

Subscription was only 3.3 per cent of total digital revenues in 2016. It is expected to grow to 9 per cent by 2020. Around 250 million viewed videos online in 2017 and this is expected to double by 2020. Around 40 per cent of all mobile traffic came from the consumption of video services in 2015. This is expected to touch 72 per cent by 2020.

Television

The TV industry grew from Rs 594 billion in 2016 to Rs 660 billion in 2017, at 11.2 per cent (9.8 per cent, net of taxes). Advertising grew to Rs 267 billion, while distribution grew to Rs 393 billion and comprised 41 per cent of revenues. Distribution was 59 per cent of total revenues.

At a broadcaster level, however, subscription revenues (including international subscription) made up about 28 per cent of the total. Advertising is 41 per cent of total revenues. The report expects this to grow to 43 per cent by 2020.

Print

Print continues to hold the second-largest share of the sector, despite growing under 3 per cent to reach Rs 303 billion in 2017. The segment is estimated to grow at an overall CAGR of 7 per cent till 2020, with the non-English segment at 8-9 per cent and English a bit slower. This is expected despite the foreign direct investment limit remaining unchanged at 26 per cent for the sector, restricting access to foreign print players. And, despite imposition of the GST at 5 per cent on the advertising revenues of the print industry for the first time in history. While magazines contributed 4.3 per cent to the print segment, the latter was largely at status quo, with not many significant new launches in 2017.

Films

Films grew 27 per cent in 2017, on the back of box office (BO) growth, both domestic and international. Coupled with increased revenues from sale of satellite and digital rights. All sub-segments grew, with the exception of home video, and the film segment reached Rs 156 billion in 2017.

Hollywood and international films comprise the balance. The top 50 films contributed approximately 97.75 per cent of the total net box office collection. Box office collections of the top 50 films grew by 11.60 per cent in 2017. Regional movies drove the growth in number of releases in 2017. Screen count increased from 9,481 in 2016 to 9,530 in 2017. Number of Hindi movies crossing the Rs 1 billion mark was highest in 2017 among the past 5 years. From 31 movies in 2016, Hindi dubbed movies increased more than 3 times to 96 in 2017.

Business Standard |

Govt creating umbrella body to provide assistance to filmmakers: Irani

The government is creating an umbrella body to provide assistance to filmmakers, Union I&B minister Smriti Irani said in Mumbai on Sunday.

Noting that organisations like the National Film Development Corporation are working in silos, Irani said the present mode of functioning makes the whole industry work in a fragmented manner.

"We are planning to create a committee that will bring all of these functionalities under one umbrellaWe would like to leverage technology to ensure that the distance between government and the a filmmaker needing assistance is lessened," she said inaugurating the media and entertainment industry annual gathering FICCI-Frames here this evening.

Speaking about the need for the media and entertainment to adopt technology at a faster pace, she said the industry must look at using artificial intelligence to enhance customer experience.

"Can we use data analytics to understand the needs of consumer because it tells us what kind of content they are consuming, what they want in terms of viewership etc.

It might seem intrusive to a few people but with an expanding market, data analytics can help you create more content that the consumers want," she said.

Irani also said government is planning to make the Indian Institute of Mass
Communication a deemed university so that it helps the students enhance their creativity by allowing them to pursue different subjects.

"Creativity is at its best when it is multi- disciplinary The IIMC as a deemed university can create an academic ecosystem where on its own it gives its students an opportunity to study every kind of subject so that the creative instinct of its students is not just inclined to one subject but enhances all of it," she said.

First Post |

Smriti Irani says govt will set up single window clearance system for filmmakers in two months

In a conversation with filmmaker Karan Johar at the inaugural session of FICCI Frames 2018, Irani also sought to draw the film fraternity's attention to the need for personalising digital content for consumers.

Giving details of how a special team is working to this end, Irani said: "We have seen how National Film Development Corporation (NFDC) and Children's Film Society, India (CSFI) work separately, which sends out a message to the world that it is a fragmented industry.

"Our government is aiming to bring all these departments under one umbrella so that a filmmaker with an idea does not have to run from one desk to another to get the support for executing a film.

"We will ensure that the umbrella organisation is created by the industry representatives that we have invited, in the next two months," she added.

Asked about her opinion on how exhibition in limited number of screens is affecting the box office collections, Irani said: "I think the answer lies in personalising content for viewers. It is not only about creating content but also distributing it.

"(The problem is) we look at distribution from the capacity of multiplexes, but if you look from the consumers' point of view, it's the...content that matters."

Emphasising on the power of regional cinema, Irani said: "We don't really talk about the capacity of our regional language films. How many countries can boast that I have a Marathi box office hit like 'Sairat' or Prosenjit doing films that cut across India or we have had a legend like Sridevi, who did films in five languages and was a superstar not only in Delhi, Mumbai but the entire nation.

"This is what we need to celebrate."

"The more the expanse of content, the more the opportunities for local languages and local talent to come to the forefront. The beauty of our industry is that we are everywhere."

live mint |

Media and entertainment sector seen growing at 11.6% to Rs 2 trillion by 2020

The Indian media and entertainment (M&E) industry is expected to grow at an annual average rate of 11.6% to reach Rs 2 trillion by the year 2020.

The M&E sector reached about Rs 1.5 trillion in 2017, a growth of around 13% over 2016, said a report released by the lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) along with consulting firm EY.

The report was launched at the annual media and entertainment industry event FICCI Frames in Mumbai on Sunday.

Without doubt, this is a growth driven by digital media that has notched up the highest and most phenomenal numbers of the year, growing by 29.4% in 2017. This includes a 28.8% growth in advertising and a 50% growth in subscription. The latter, which was just 3.3% of total digital revenues in 2016, is expected to grow to 9% by 2020.

“The Indian M&E sector reached Rs 1.5 trillion in 2017 led by digital,” said Farokh Balsara, partner and M&E leader, EY India in a statement. “With digital revenues expected to cross Rs 22,000 crore by 2020, has Indian M&E reached its digital tipping point? We now need to re-imagine the future of the Indian M&E sector.”

Subscription-based over-the-top (OTT) streaming services have flooded the Indian market over the past two years with around 30 players vying for audiences’ attention. These include both American services like Amazon Prime Video and Netflix as well as a host of local platforms like Balaji Telefilms’ ALTBalaji and those owned by broadcast networks like Star India’s Hotstar and Sony Entertainment Television’s SonyLIV.

OTT subscription in India is expected to touch Rs 2,000 crore by 2020. And recent investments by companies such as Reliance Jio that already has stakes in Network18, ALT and movie studio Eros International, will make media convergence a reality. With over 300 million internet-enabled mobile phones and falling tariff rates, digital media presence in the country is only expected to grow.

About 250 million people viewed videos online in 2017 and these numbers are expected to double to 500 million by 2020. Around 40% of total mobile traffic came from the consumption of video services in 2015 and this figure is expected to touch 72% by 2020. Ninety-three percent of time spent on digital videos is in Hindi and other regional languages.

Among traditional forms of entertainment, films grew by the largest share—27% in 2017 to reach overall figures of Rs 15,600 crore with box office collections of the top 50 films growing by 11.6%.

The report attributes the growth to both domestic and international box office revenue, and the latter may be traced back to the phenomenal success of films like Dangal that grossed about Rs 2,000 crore worldwide, including Rs 1,200 crore in China alone.

This was coupled with increased returns from ancillary streams like satellite television and digital, with home video remaining the only segment that failed to display growth. While regional cinema drove the growth in terms of the number of releases, Hindi films continue to make up the majority of the Indian film segment, contributing almost 40% of the net domestic box office collections annually, despite comprising only 17% of the films made.

The number of Hindi movies crossing the Rs 100 crore mark was the highest in 2017 in the past five years. Films in 29 other Indian languages, while accounting for 75% of the total films released, together contributed only 50% to the annual domestic box office earnings. Screen count, an age-old challenge for the Indian film industry increased marginally—from 9,481 in 2016 to 9,530 in 2017.

Television, meanwhile, grew by 11.2%, from Rs 59,400 crore to Rs 66,000 crore in 2017, with advertising growing to Rs 267 billion and comprising 40% of the revenues and distribution growing to Rs 39,300 crore and making up the remaining 60%. At the broadcaster level, however, subscription revenues (including international subscription) made up approximately 28% of revenues.

The report expects advertising to grow to 43% of total revenues by 2020 from its current contribution of 41%.

Print remained largely static, growing at 3% to reach Rs 30,300 crore in 2017. India’s reader base stands at 395 million or 38% of the population, having grown by 110 million over the past three years. The rural reader base (52%) is higher than urban (48%). The print media is estimated to grow at an overall CAGR of approximately 7% till 2020 with vernacular publications at 8%-9% and English at slightly slower rates.

This growth is expected despite the 26% foreign direct investment (FDI) limit remaining unchanged, restricting access to foreign print players and the imposition of 5% GST on advertising revenues emerging from the print industry.

The Indian M&E sector witnessed a relatively new trend in deal activity with emerging segments such as gaming and digital gaining momentum, while deal activity in the traditional media segments was slower, the report stated.

The slowdown can be partially attributed to challenges faced by the advertising segments of the industry due to demonetization and GST that was implemented in July last year. Overall, the number of transactions in the M&E sector decreased from 56 deals in 2016 to 40 in 2017. Further, the total deal value was also lower at $1.26 billion in 2017 compared to $2.86 billion in 2016.

Free Press Journal |

Various film agencies and festivals to come under an umbrella organisation: Smriti Irani

The information and broadcasting (I&B) ministry plans to amalgamate various institutions like Directorate of Film Festivals, National Film Development Corporation and Children’s Film Festival under an umbrella organisation within two months’ time. Apart from this amalgamation, the ministry is also looking at developing a multidisciplinary model with Indian Institute of Mass communication (IIMC) for media students. Citing example of Directorate of film festivals, National Film Development Corporation and Children’s Film Festival, Smriti Irani, Union Minister of I&B and Textiles said, they have been working in silos. Irani, who was speaking at FICCI Frames, added, “When you work in silos, you are expressing to the world and the industry, that you are a fragmented industry and that is not the view the government wants…”

She revealed, “We will have a committee that will bring the functionality of all these organisations under one umbrella.” This will reduce the hassle for a filmmakers. She claimed that this umbrella organisation will be formed in two months’ time which has prominent industry representatives in it. Irani revealed that IIMC as an university will look at giving its students the opportunity to study all kind of subject which would enhance creative instincts of the students. “Creativity is best when it is multidisciplinary,” she added.

She also pointed out various challenges of the media and entertainment industry as a whole. She stressed that data varies across platform and it needs to be fixed by the industry.

Moneycontrol |

M&E industry to grow past Rs 2-trillion-mark by 2020: Report

The media and entertainment industry is expected to cross the Rs 2 trillion-mark by 2020, growing at a CAGR of 11.6 per cent, says a report.

The industry reached Rs 1.5 trillion in 2017, registering a growth of almost 13 per cent, according to the FICCI-EY report released today at the annual industry jamboree FICCI Frames here this evening. The report pegs the industry to touch Rs 1.66 trillion this year.

According to the report higher 2017 growth was led by digital, films, gaming and events.

"Digital subscription made a strong impact in 2017, with a growth of 50 per cent. As per our estimate, there are around 2 million paid digital subscribers across application providers, and between 1 and 1.5 million customers who have moved entirely to digital media consumption.

"By 2020, we expect 4 million digital-only consumers who, along with millions of other tactical and mass customers will generate subscription revenue of Rs 2,000 crore," the report said and attributed higher traction to availability of niche and global content, increased OTT-only content, sports and falling data charges.

The report notes that the digital infrastructure and payments are expected to grow the online gaming industry over two times from Rs 3,000 crore in 2017 to Rs 6,800 by 2020.

"Growth will be driven by real money and social gaming on mobilephones. This estimate assumes status quo on the current set of permissions and regulatory environment."

The animation, post-production and VFX segments are expected to grow at a CAGR of 20 per cent till 2020 reaching Rs 11,400 crore, led by domestic films, TV and digital segments, as well as outsourcing by international studios, and more sequel-based action and animation films.

From traditional media side, TV continues to lead growing from Rs 59,400 crore to Rs 66,000 crore in 2017, up 11.2 per cent. TV advertising grew to Rs 26,700 crore or 40 per cent of the total revenue, while distribution grew to Rs 39,300 crore, contributing 600 per cent of total revenue.

At a broadcaster level, however, subscription revenue (including international subscription) made up around 28 per cent of revenue.

The report estimates that while advertising is 41 per cent of industry revenue today and 72 per cent of broadcaster revenue, it would grow to 43 per cent of total revenues by 2020 and 75 per cent of broadcaster revenue.

Still there are over 30 per cent households which are yet to get television screens, while the households with TV sets touched 183 million in 2017, up 3.5 per cent over 2016.

The print media accounted for the second largest share of the ad pie, growing at 3 per cent to reach Rs 30,300 crore in 2017 and is estimated to clip at an overall CAGR of around 7 per cent till 2020 with vernacular at 8-9 per cent and English slightly slower.

"This growth is expected despite FDI limit remaining unchanged at 26 per cent, and 5 per cent GST on advertising revenue of the print industry for the first time," it notes.

The print industry saw some degrowth in English language advertising and moderate growth in the Hindi and regional language segments.

"But this was compensated by growth in subscription revenue as print increased its reader base and, in some cases, cover prices. This year promises to be better, with growth expected at around 10 per cent, given that there are five state elections, as well as the run up to the general elections next year" it says.

While magazines contributed 4.3 per cent of the total print segment, the segment has been largely flat with not many significant new launches in 2017.

The radio segment grew around 6.5 per cent in 2017, on the back of the lingering effect of demonetisation and GST.

For the digital media, mobile is paving the way to success for video on demand services, as around 40 per cent of total mobile traffic came from video consumption in 2015 and it expects this to touch 72 per cent by 2020.

As many as 250 million people viewed videos online in 2017, a growth of 64 per cent over 2016. "Video viewing audience is expected to record a CAGR of over 13 per cent and by 2020, India is expected to become the second largest video-viewing audience globally with around 500 million, from 250 million in 2017".

Digital advertising contributed 17 per cent of the total ad pie in 2017 and it expects to touch 22 per cent by 2020.

The Indian Express |

Smriti Irani calls out filmmakers’ ‘manufactured outrage’

Union Information and Broadcasting Minister Smriti Irani recently dissed those in the business of filmmaking, saying many times people create outrage just to grab eyeballs because they haven’t made a good film.

Irani’s comment came as a reply to filmmaker Karan Johar’s remark that the film industry, which is otherwise considered as a soft power, becomes “a soft target” at times. The duo engaged in a Q&A session at the inaugural ceremony of FICCI Frames 2018.

“My issue is this. Now that you recognise me as an insider, honestly put your hand to your heart and tell me, how many of us manufacture that outrage because we don’t have a film which is that good but we know we will get the eyeballs,” said Irani as the audience, including Johar, erupted into laughter.

She continued, “We are all in the business of it, it’s the best-kept secret which is just out there. Nobody wants to talk about it.” To which, Johar replied, “Okay, we won’t get into that!” To that Irani quipped, “Of course you won’t!”

The session was also attended by producer Siddharth Roy Kapur and Huma Qureshi. During the segment, Irani also said that the Indian film industry should stop comparing itself with others and set a benchmark, which others can follow.

This came as a response to Kapur’s comment that the Indian film industry hasn’t been able to find a way to defeat its Chinese counterpart in terms of box office results.

“I think we always position ourselves in comparison to others. We never really look at our strengths and then position ourselves completely different from what is happening in the world. We are always catching up. So, will we be happy playing catch up for the rest of our lives or do we as an industry decide that we define ourselves on our own terms?” said Irani.

Deccan Herald |

Media must tie up with mobile firms to enhance content viewing, says Smriti

Union Minister of Information and Broadcasting Smriti Irani said on Sunday that the media industry and mobile manufacturers need to collaborate in order to enhance audio and video experience of consumers from a content perspective.

"When it comes to content and exhibition of content, the affordability of entertainment is what matters most to consumers. Digital technologies have a big role in bringing in affordability, due to falling data prices," Smriti said during the inaugural session of FICCI Frames 2018 held in Mumbai.

Stating that creativity is best when it is interdisciplinary, the minister said that we need to tell our students that it is okay to pursue courses in technology, music, mathematics and philosophy and still be a film-maker.

"The Indian Institute of Mass Communication (IIMC) as a deemed university should be able to create an academic ecosystem which provides an opportunity for students to take every kind of subject so that the creative instinct is enhanced," she said.

Recalling Prime Minister Narendra Modi's call to introduce Artificial Intelligence (AI) in everyday life, the minister spoke about the potential role of AI in film-making and in enhancing the consumer experience.

She also talked about using data analytics to understand consumer needs and of the need to look at technology from a creative point of view.

The minister said that the various government departments relating to films will be brought under one roof so that a film-maker with a new concept can get all the necessary support from one place.

NDTV |

Single-Window Clearance For Filmmakers In Two Months: Smriti Irani

Information and Broadcasting Minister Smriti Irani said on Sunday the government is aiming to set up a single-window clearance system for filmmakers to facilitate all types of clearances faster and under one roof, within two months.

In a conversation with filmmaker Karan Johar at the inaugural session of FICCI Frames 2018 in Mumbai, Ms Irani also sought to draw the film fraternity's attention to the need for personalising digital content for consumers.

Giving details of how a special team is working to this end, Ms Irani said: "We have seen how National Film Development Corporation (NFDC) and Children's Film Society, India (CSFI) work separately, which sends out a message to the world that it is a fragmented industry.

"Our government is aiming to bring all these departments under one umbrella so that a filmmaker with an idea does not have to run from one desk to another to get the support for executing a film.

"We will ensure that the umbrella organisation is created by the industry representatives that we have invited, in the next two months," she added.

Asked about her opinion on how exhibition in limited number of screens is affecting the box office collections, Ms Irani said: "I think the answer lies in personalising content for viewers. It is not only about creating content but also distributing it.

"(The problem is) we look at distribution from the capacity of multiplexes, but if you look from the consumers' point of view, it's the...content that matters."

Emphasising on the power of regional cinema, Ms Irani said: "We don't really talk about the capacity of our regional language films. How many countries can boast that I have a Marathi box office hit like 'Sairat' or Prosenjit doing films that cut across India or we have had a legend like Sridevi, who did films in five languages and was a superstar not only in Delhi, Mumbai but the entire nation.

"This is what we need to celebrate."

The more the expanse of content, the more the opportunities for local languages and local talent to come to the forefront. The beauty of our industry is that we are everywhere."

FICCI Frames is being held at the Grand Hyatt here from Monday to Wednesday.

The Hindu |

India has 1.5 million digital only consumers: FICCI report

About 1.5 million consumers in India today are digital only and would not normally use traditional media, according to FICCI-EY report titled ‘Re-imagining India's Media and Entertainment’ sector.

The report estimates that the digital customer base will grow to 4 million by 2020, generating significant digital subscription revenue of about ₹2,000 crore.

“Going forward, micropayments, enabled through the Unified Payment Interface (UPI) and Bharat Interface for Money (BHIM) platforms developed by the National Payments Corporation of India (NPCI) will further accelerate subscription revenues for entertainment content,” it added.

According to the report, Indian Media and Entertainment (M&E) sector reached almost $22.7 billion in 2017, a growth of around 13% over 2016. With its current trajectory, it is expect to cross $31 billion by 2020, at a CAGR of 11.6%, it added.

The report was launched at FICCI Frames 2018 in Mumbai on Sunday.

Scroll.in |

'Indian media and entertainment industry at digital tipping point': Report

The Indian media and entertainment industries reached Rs 1.5 trillion in 2017, witnessing a growth of almost 13% over 2016 and growing faster than the gross domestic product, according to the FICCI-Frames report for 2018.

“The overall increased need for escapism is enabling a situation where subscription revenues are not being impacted by economic shifts and slowdowns, as was seen in 2017,” declared the report. The growth in 2017 was led by digital, film, gaming and events sectors, it added.

The comprehensive study is an annual affair. The report is published by FICCI (or the Federation of Indian Chambers of Commerce and Industry) in association with an audit firm – this year it is Ernst and Young. This year’s report is titled Reimagining India’s M & E Sector.

‘The Indian economy remains healthy’

“The calendar year 2017 was a great year for the Indian economy,” declared the report. Even though most international agencies such as the International Monetary Fund, the World Bank and the Asian Development Bank lowered India’s GDP forecast because of the impact of demonetisation and the Goods and Services Tax, these forecasts will only have a temporary impact on the media and entertainment industries, the report claimed.

“Most multilateral agencies see India grow above 7% in the medium-term,” it said. “While the World Bank forecasts India to grow by 7.5% in both 2019 and 2020, IMF forecasts suggest the growth rate to be 7.4% in FY19 and further increase to 7.8% in FY201. The M&E sector grows with the economy albeit at a higher pace, and its medium- term outlook is bright.”

Where the money came from

The television industry grew from Rs 594 billion to Rs 660 billion in 2017, exhibiting a growth of 11.2%. The growth was backed by “digitisation of television homes, and tentpole properties like the IPL and non-fiction programming, particularly in regional languages”.

Despite an eventful 2017, advertisement volumes grew 10.1%. “In 2017, the number of advertisers on TV grew to 12,964 and ad volumes grew to 70 million insertions, as reported by BARC [Broadcast Audience Research Council],” the report said. “Ad volume growth was dependent on several factors such as cricket, elections in several large Indian states, penetration of regional channels, launch of new channels, and marquee non-action programming, which continued to attract advertisers, irrespective of the impact of demonetization or GST.”

Hindi channels took the lead on advertisement volumes – 30% of all ad volumes, while 17% were from Tamil, Telugu and Bangla.

The revenues grew from advertising as well – from Rs 243 billion to Rs 267 billion (an increase of 10%). “This was largely driven by volume growth as more channels were launched, particularly in the free to air genre,” the report said. “This could indicate that television continues to move towards its core of being an efficient mass medium. Premium properties viz. sports, prime time content, film premieres and reality TV also grew their advertising rates.”

Thank you, China

Meanwhile, the Indian film industry witnessed a growth of 27%, said the report. The contributing factors include a high growth in overseas theatrical releases, particularly in China, an uptick in satellite rights values, and domestic box office collections. However, the report clarified that the growth is “narrow”. “...it was due to select movies like Baahubali: The Conclusion and Dangal driving growth in both domestic and international markets.”

The growth in the film segment was also affected by India reaffirming its position as an efficient and high quality outsourcing destination which “led to corresponding growth for the animation, VFX and post production business”, the report claimed.

Who is watching what on TV

Out of the estimated 286 million households in India, TV penetration reached 64%, taking the total number of television viewing households to 183 million in 2017 – a 3.5 % growth over 2016. Rural television penetration crossed 50%.

Overall TV viewership has grown by 21% across all age groups and 77% of the viewership is driven by GEC and movies. The growth in viewership was also led by regional languages such as Punjabi, Oriya, Bhojpuri, Assamese and Gujarati – all of whom witnessed twice the rate of growth than Hindi, Tamil, Telugu.

What are children watching?

“87% kids in 2-14 age group watch non-kids channels while only 13% watch kids channels, according to a research report by BARC India titled ‘A Peek into Kids Viewership’,” the report said. “According to BARC, the massive viewership of non-Kids channels could be due to co-viewing. The report stated that children in the age-group of 2-14 years account for 20% of total TV impressions, which is the highest share across all age cuts. GEC and movie channels account for 80% of kids viewership on non-kids channels.

What’s driving television news?

Evening prime time contributes to more than 40% of news viewership, the report stated. In terms of the news channels, the key change in 2017 is an “increase in the time spent on studio-based content which shows anchors and guests in conversation and debate”.

Rural weightage

The previous year saw the full impact of BARC’s enhanced rural panel weightage, with genres such as infotainment, English news and English entertainment seeing a reduction in their viewership, said the report. “The increase in weightage to rural India had a positive impact on the kids genre which saw a jump in absolute terms of viewership numbers compared to the previous year.”

The business of cinema

Hindi films contribute almost 40% of the net domestic box office collections annually, despite comprising only 17% of the films made, stated the report. “Films in 29 other Indian languages account for approximately 75% of the films released but they contribute approximately 50% to the annual domestic box office collections.” Hollywood and international films make up the rest.

The biggest grosser for 2017 was Baahubali 2: The Conclusion. But overall, “relatable and niche content” drove success at the box office, the report felt. It cited examples of Lipstick Under My Burkha and Newton to make its case: “The year also shifted focus from dreamy locations abroad to the hinterland to contextualise their stories in tier-2 and tier- 3 towns such as Varanasi, Lucknow and Bareilly, which added depth and familiarity to the script and characters.”

Life beyond Bollywood

Gujarati films registered a 44% increase over 2016 in terms of transactions on the site BookMyShow, followed by Malayalam films registering a 38% rise. The Telugu film section clocked a 47% growth. Its net domestic collection in 2017 was Rs 15.33 billion, up from Rs 10.42 billion in 2016. A big chunk of it, of course, came from Baahubali: The Conclusion.

The Tamil film segment saw a fall in collections – the net domestic box office fell by 5% from Rs 9.96 billion in 2016 to Rs 9.46 billion in 2017. For Tamil cinema, footfalls also dropped from 140 million in 2016 to 126 million in 2017.

In terms of Hollywood releases in India, the box office collections for films (including the ones dubbed in Indian languages) remained stagnant in 2017, the report concluded.

Screen count

India stands as one of the “most highly underpenetrated” markets in terms of screen count, the report said. “Single-screen cinemas have reduced from 9,710 screens with 91% share of total screens in India in 2009 to less than 71% share in 2017 with 6,780 screens,” it stated. “At the same time, multiplexes have grown at a steady rate of over 10% over last three years due to rising urbanisation resulting in higher footfalls, higher propensity to consume films with rising per-ticket realisation, operational synergies and a shift to ‘experiential-led’ film-watching by the Indian audiences.”

The Indian film exhibition segment in terms of the number of screens is less than 1/5th in size as compared to developed markets such as China and the USA, it added. The ratio is likely to deteriorate with numerous single screens shutting down. What the report recommends is infrastructure support in tier 2 and tier 3 markets, a need for a “single window clearance” for opening of multiplexes and tax rate rationalisation.

OTT and only going to get better

India will be the second largest online video viewing audience in the world by 2020, the report predicted. This is corroborated by an increase in smartphone penetration, which reached around 33% in 2017.

Digital media grew 29.4% on the back of a 28.8% growth in advertising and a 50% growth in subscription. “Subscription, which was just 3.3% of total digital revenues in 2016, is expected to grow to 9% by 2020.”

Piracy, the old enemy

Piracy continues to pose a serious challenge to the media and entertainment industries. “Film sub-sector alone, annually loses US$2.8 billion of its total revenue to piracy,” the report stated. “Also, the movie theatre business model is threatened by a rise in digital downloads by consumers and easy availability of inexpensive rental options.” Piracy has also hindered the potential of digital media to monetise content.

The Hindu |

Why this pre-release outrage, asks Smriti

Hitting out at Bollywood producers for manufacturing outrage ahead of a film release in order to spur greater box office interest, Information and Broadcasting Minister Smriti Irani on Sunday said the film industry must introspect on the issue.

She was reacting to a query on the film industry’s woes by film-maker Karan Johar, who referred to her as an industry ‘insider’ and said Indian films, a part of the country’s soft power, was also at times a ‘soft target.’

“My issue is this — now that you have recognised me as an insider… Honestly, put your hands on your heart and say how many of us manufacture that outrage because we don’t have a film that is that good… but we know that we will get the eyeballs if we create some controversy,” the Minister said. When a flustered Mr. Johar tried to steer the conversation away and said their interaction at industry body FICCI’s annual media and entertainment conclave must remain ‘strictly non-controversial’, the Minister said in jest: “I don’t mind controversies. I thought my second name was controversy.”

Bloomberg |

Media and entertainment to become a Rs 2 Lakh crore industry by 2020

The media and entertainment sector is likely to clock a compounded annual growth rate of 11.6 percent to become Rs 2 lakh crore industry by 2020, riding on the digital wave, says a report.

The industry, which reached about Rs 1.5 lakh crore in 2017, continues to grow faster than the GDP growth rate, reflecting the growing disposable income led by stable economic growth and changing demographics, said the report released by Federation of Indian Chambers of Commerce and Industry along with consulting firm EY yesterday.

Even as subscription growth outpaced advertising in 2017, advertising will continue to grow till 2020 led by digital advertising, it said.

Approximately 15 lakh consumers in India today are digital-only and would not normally use traditional media. That’s expected to grow to nearly 40 lakh by 2020, generating significant digital subscription revenues for the sector. It could reach 2 crore households in the next two years.

The Indian media and entertainment industry has been hitting new milestones and has stepped into a matured phase with an annualised growth of 11.6 percent, said Ficci President Rashesh Shah.

Last year, the growth was led by the digital, film and animation and visual effects segments, said Ashish Pherwani, partner and media and entertainment advisory leader, EY India. “We expect sectors like digital and gaming to grow between two to three times by 2020.”

Key Highlights

Television
  • Grew by 11.2 percent to Rs 66,000 crore in 2017, with advertising growing to Rs 26,700 crore and comprising 40 percent of the revenues and distribution growing to Rs 39,300 crore and making up the remaining 60 percent.
  • At the broadcaster level, subscription revenues (including international subscription) made up approximately 28 percent of revenues.
  • TV advertising likely to grow to 43 percent of total revenues by 2020 from its current contribution of 41 percent.
Print
  • Second largest share of the sector; grew 3 percent to Rs 30,300 crore in 2017.
  • Print media is estimated to grow at an overall CAGR of approximately 7 percent till 2020, with vernacular at 8-9 percent and English slightly slower.
  • It grew despite the foreign direct investment limit remaining unchanged at 26 percent, restricting access to foreign print players and the imposition of GST at 5 percent on the advertising revenues of the print industry.
  • Today, 98 percent of readers read dailies and 20 percent read magazines. Reader base is 39.5 crore, or 38 percent of the population. Readership has grown by 11 crore over the last three years.
  • Rural (52 percent) reader base is larger than urban (48 percent).
Films
  • Grew the most, 27 percent, in 2017 to reach Rs 15,600 crore with box office collections of the top 50 films growing 11.6 percent.
  • Both domestic and international box office revenue contributed to the growth, with phenomenal success of films such as Dangal that grossed about Rs 2,000 crore worldwide, including Rs 1,200 crore in China alone.
  • Returns increased from ancillary streams like satellite television and digital, with home video remaining the only segment that failed to display growth.
  • While regional cinema drove the growth in terms of the number of releases, Hindi films continue to make up most of the Indian film segment, contributing almost 40 percent of the net domestic box office collections annually, despite comprising only 17 percent of the films made.
  • The number of Hindi movies crossing the Rs 100-crore mark was the highest in 2017 in the past five years. Films in 29 other Indian languages, while accounting for 75 percent of the total films released, together contributed only 50 percent to the annual domestic box office earnings.
  • Screen count increased marginally—from 9,481 in 2016 to 9,530 in 2017.
Digital Media
  • Subscription-based over-the-top streaming services flooded the Indian market over the past two years with around 30 players vying for audiences’ attention, including both American Amazon Prime Video and Netflix as well as a host of local platforms like Balaji Telefilms’ ALTBalaji and those owned by broadcast networks.
  • OTT subscription in India is expected to touch Rs 2,000 crore by 2020. And recent investments by companies such as Reliance Jio that already has stakes in Network18, ALT and movie studio Eros International, will make media convergence a reality.
  • About 25 crore people viewed videos online in 2017 and these numbers are expected to double to 50 crore by 2020.
  • Around 40 percent of total mobile traffic came from the consumption of video services in 2015 and this figure is expected to touch 72 percent by 2020. Ninety-three percent of time spent on digital videos is in Hindi and other regional languages.

The Tribune |

Single-window clearance for filmmakers in 2 months: Smriti Irani

Information and Broadcasting Minister Smriti Irani has said the government is aiming to set up a single-window clearance system for filmmakers to facilitate all types of clearances faster and under one roof, within two months.

In a conversation with filmmaker Karan Johar at the inaugural session of FICCI Frames 2018 here on Sunday, Irani also sought to draw the film fraternity’s attention to the need for personalising digital content for consumers.

Giving details of how a special team is working to this end, Irani said: “We have seen how National Film Development Corporation (NFDC) and Children’s Film Society, India (CSFI) work separately, which sends out a message to the world that it is a fragmented industry.

“Our government is aiming to bring all these departments under one umbrella so that a filmmaker with an idea does not have to run from one desk to another to get the support for executing a film.

“We will ensure that the umbrella organisation is created by the industry representatives that we have invited, in the next two months,” she added.

Asked about her opinion on how exhibition in limited number of screens is affecting the box office collections, Irani said: “I think the answer lies in personalising content for viewers. It is not only about creating content but also distributing it.

“(The problem is) we look at distribution from the capacity of multiplexes, but if you look from the consumers’ point of view, it’s the...content that matters.” Emphasising on the power of regional cinema, Irani said: “We don’t really talk about the capacity of our regional language films. How many countries can boast that I have a Marathi box office hit like ‘Sairat’ or Prosenjit doing films that cut across India or we have had a legend like Sridevi, who did films in five languages and was a superstar not only in Delhi, Mumbai but the entire nation.

“This is what we need to celebrate.”

“The more the expanse of content, the more the opportunities for local languages and local talent to come to the forefront. The beauty of our industry is that we are everywhere.” FICCI Frames is being held at the Grand Hyatt here from Monday to Wednesday.

Business Standard |

Siddarth Roy Kapur speaks of entertainment business challenges

Renowned film producer Siddarth Roy Kapur on Sunday evening shared some of the challenges affecting the growth of Indian entertainment industry in the international market.

Speaking at the 19th edition of FICCI Frames 2018, Siddarth, who is also the Co-Chair, FICCI Media and Entertainment Committee, said: "FICCI is launching an international content market which is a great initiative. We are a 1,26,000 crore industry with 0.74 lakh people and that is less than 1 per cent of GDP.

"We are the largest producers of films but the entire industry is valued less than the box office collection of 'Avatar'.

We don't have a revenue model that is saleable and can actually make sense according to the investments made."

"It is important to see what the challenges are and what we need to do to be able to move forward. Single Window clearance is tremendous for the industry."

FICCI Frames 2018 is a three-day convention where more than 60 international companies of buyers, distributors and other business people gathered from around 30 countries.

The main event will start from Monday, March 5, and will continue until March 7, at Grand Hyatt in Mumbai.

An array of topics including film tourism, dwindling box office collections, historical and biopics -- endangered species, women empowerment in the digital era, among many others will come up for discussion during the event.

The panel comprise eminent persons like filmmaker Ramesh Sippy, Alankrita Shrivastava, Shyam Benegal and Shabana Azmi, among others.

live mint |

The answer to media and entertainment challenges lies in digital India: Smriti Irani

An industry valued at nearly Rs 1.26 trillion and yet making up less than 1% of India’s gross domestic product (GDP), a country that churns out by far the largest number of films in the world annually and yet is valued less than the box office earnings of a single Hollywood blockbuster and an ecosystem that houses nearly 30 over-the-top (OTT) video streaming platforms but doesn’t have a sustainable revenue model—these were the few challenges attributed to the Indian media and entertainment industry at the opening ceremony of the annual Federation of Indian Chambers of Commerce and Industry (FICCI) event, FICCI Frames in Mumbai on Sunday evening.

“The answer to such challenges lies in digital India and personalization of content,” said Union minister of information and broadcasting Smriti Irani in a question-and-answer session with filmmaker Karan Johar.

There is no need for India, Irani said, to look towards countries like China who boast of far higher screen count and box office earnings. The greater opportunity lies in going beyond challenges of theatrical exhibition to create enhanced viewing experiences for the consumer on his/her mobile phone. Johar had emphasized that India has only eight screens per million people while the US boasts of 125.

“We should define our strengths differently. The idea right now should be to sit down with mobile manufacturers and come up with technological solutions to aid the content viewing experience,” she said.

While addressing the concerns raised by industry members, Irani said the government plans to build an umbrella organization to bring all shooting-related functionalities under one roof, create some sort of a single-window clearance across the country’s locations and lessen the distance between new emerging filmmakers and the corridors of power. Industry leaders like producer Siddharth Roy Kapur and Prasoon Joshi, chairman of the Central Board of Film Certification, have been invited to be part of the proposed organization.

In their keynote speeches at FICCI Frames, experts like Kapur and Sanjay Gupta, managing director, Star India Pvt. Ltd pointed to the unrealised potential of the Indian media and entertainment industries, ones that provide employment to not just about 700,000 people in various capacities around the country but also to ancillary industries like tourism, merchandising and gaming, among others.

“The film industry needs to come together to tell the government of say, the specific unexplored locations that are conducive from a shooting perspective so we can expand tourism opportunities and also invite foreign production houses to come and film,” Irani said pointing to the need for better and more conclusive data on things like the size of the industry and the number of people it employs.

To be sure, a lot of way forward is about going digital.

“Digital is about unleashing the power of new screens, better connectivity, low cost data and affordable smartphones,” Gupta said in his address adding that India will reach a total screen count of 67 crore in 2018. “The ambition of every stakeholder (in the media and entertainment industry) needs to change, stories need to be reimagined and investments, business models and the way we use technology need to be rethought.”

The Hindu |

Smriti Irani questions film makers' 'manufactured' controversies

Hitting out at Bollywood producers for manufacturing outrage ahead of a film release in order to spur greater box office interest, Union Information and Broadcasting Minister Smriti Irani on Sunday said the film industry must introspect on the issue.

She was reacting to a query on the film industry’s woes by film maker Karan Johar, who referred to her as an industry ‘insider’ and said that Indian films are a part of its soft power is also at times a ‘soft target.’

“My issue is this – now that you have recognised me as an insider… Honestly, put your hands on your heart and say how many of us manufacture that outrage because we don’t have a film that is that good… but we know that we will get the eyeballs if we create some controversy,” the Minister said.

When a flustered Mr. Johar tried to steer the conversation away and said that their interaction at industry body Federation Of Indian Chamber Of Commerce & Industry’s (FICCI) annual media and entertainment conclave must remain ‘strictly non-controversial’, the Minister said in jest: “I don’t mind controversies. I thought my second name was controversy.”

“The industry must stop saying they have woes. We are not bechaara (pitiable). It’s a ₹1.3 lakh crore industry which puts food on the plate for 3.6 million people,” Ms. Irani said.

Umbrella body for films soon

Promising to make it easier for global and Indian film makers to secure official permissions, Ms. Irani said that some of the government organisations such as the Directorate for Film Festivals, the National Film Development Corporation, Films Division and the Children’s Film Society operate in silos.

“When you work in silos, you basically express to the world and the whole industry that we view it as a fragmented industry – which is not the view of this government. We are hopeful that we have our committees which will bring all of these organisations under one umbrella so that one does not need to run from one place to another for bringing a story to light,” she said.

Urging the film industry to highlight the shooting locations that are easier to approach for permissions as well as are appealing to the cinema-makers, Ms. Irani said that this will help reduce the dependence on a few traditional locales that India is known for and throw up new options. She said Niti Aayog will encourage States to simplify their local permissions regime.

The Minister also urged film makers to work with mobile phone manufacturers to enhance the audio and video experience for viewers as smart phones can be a more affordable means than multiplexes for reaching content to the end user, given the drop in data usage costs.

Ms. Irani also mooted the use of Artificial Intelligence in film making. “Not many people understand how AI in film making can enhance the viewer experience. Can we use data analytics to understand the needs of our consumers? What are their preferences, what are they binging on? It might seem intrusive to some people but the viewer will get access to the kind of content they want,” she pointed out.

Speaking earlier, FICCI President Rashesh Shah said that India’s media and entertainment industry has been growing at nearly 12% annually and stressed the need to promote the country as an entertainment hub to the world and facilitate necessary policy changes.

The Hindu |

Smriti Irani questions film makers' 'manufactured' controversies

Hitting out at Bollywood producers for manufacturing outrage ahead of a film release in order to spur greater box office interest, Union Information and Broadcasting Minister Smriti Irani on Sunday said the film industry must introspect on the issue.

She was reacting to a query on the film industry’s woes by film maker Karan Johar, who referred to her as an industry ‘insider’ and said that Indian films are a part of its soft power is also at times a ‘soft target.’

“My issue is this – now that you have recognised me as an insider… Honestly, put your hands on your heart and say how many of us manufacture that outrage because we don’t have a film that is that good… but we know that we will get the eyeballs if we create some controversy,” the Minister said.

When a flustered Mr. Johar tried to steer the conversation away and said that their interaction at industry body Federation Of Indian Chamber Of Commerce & Industry’s (FICCI) annual media and entertainment conclave must remain ‘strictly non-controversial’, the Minister said in jest: “I don’t mind controversies. I thought my second name was controversy.”

“The industry must stop saying they have woes. We are not bechaara (pitiable). It’s a ₹1.3 lakh crore industry which puts food on the plate for 3.6 million people,” Ms. Irani said.

Umbrella body for films soon

Promising to make it easier for global and Indian film makers to secure official permissions, Ms. Irani said that some of the government organisations such as the Directorate for Film Festivals, the National Film Development Corporation, Films Division and the Children’s Film Society operate in silos.

“When you work in silos, you basically express to the world and the whole industry that we view it as a fragmented industry – which is not the view of this government. We are hopeful that we have our committees which will bring all of these organisations under one umbrella so that one does not need to run from one place to another for bringing a story to light,” she said.

Urging the film industry to highlight the shooting locations that are easier to approach for permissions as well as are appealing to the cinema-makers, Ms. Irani said that this will help reduce the dependence on a few traditional locales that India is known for and throw up new options. She said Niti Aayog will encourage States to simplify their local permissions regime.

The Minister also urged film makers to work with mobile phone manufacturers to enhance the audio and video experience for viewers as smart phones can be a more affordable means than multiplexes for reaching content to the end user, given the drop in data usage costs.

Ms. Irani also mooted the use of Artificial Intelligence in film making. “Not many people understand how AI in film making can enhance the viewer experience. Can we use data analytics to understand the needs of our consumers? What are their preferences, what are they binging on? It might seem intrusive to some people but the viewer will get access to the kind of content they want,” she pointed out.

Speaking earlier, FICCI President Rashesh Shah said that India’s media and entertainment industry has been growing at nearly 12% annually and stressed the need to promote the country as an entertainment hub to the world and facilitate necessary policy changes.

ANI |

Here are four factors influencing growth of the music industry

After nearly two decades of sluggish growth, the global music industry has finally begun to show some optimistic signs of a much-needed resurgence.

Among the recent positive developments, the Indian recorded music industry's revenues grew by as much 26 percent in 2016, securing the 19th rank worldwide in sales and outdoing the global industry's humble 5.9 percent.

Moreover, according to a FICCI-KPMG 2016 report, the size of India's music industry which stood at Rs 1,080 crore in 2015 is expected to grow to Rs 2,060 crore by 2020.

The way we consume music has changed and so have the industry's revenue models, as digital dominates the music consumption habits of consumers globally. Furthermore, India is emerging as a promising destination for music festivals and big ticket live events which, thanks to the reach of social media, are finding audiences not only within India, but from across the globe.

The music industry is evolving, and nearly every rule has either been broken or reinvented in what we can call the music industry 2.0.

So, let's look at a few key trends curated by Dinesh B. Singh, Founder - Navrasa Duende that have emerged over the past couple of years and are driving the growth of this new-age music industry:

Digital music streaming

Cassettes and CDs are long gone, and although vinyl has made a rather surreptitious comeback, streaming is the preferred mode of music consumption worldwide. Thanks to a rapidly growing digital infrastructure in the country, affordable data, and cheaper smartphones, music streaming in India achieved a record volume of 50-60 million active monthly users in 2016.

This has, in turn, led to massive returns for artists and producers, as music sourced from music streaming apps now accounts for 55 percent of the total revenues generated by the music industry. Thus, with 300 million smartphone users so far and counting, this number is only expected to rise significantly over the next few years. The 16 to 35-year-old demographic set drives the greatest growth, as nearly 75 percent of digital music consumption in India by 2021 is expected from this segment alone; while 80 percent of music streaming is predicted to be done through smart multimedia devices.

Live events and music festivals

Multi-day music festivals are the growing rage among millennials who are the reason behind the big-ticket sponsorships that power these events across the world. According to Nielsen Music, a whopping 32 million people in the US attended at least one music festival in 2014, half of whom were millennials. Competitive pricing, growing line-up of top performers, rising popularity of diverse music genres, and powerful social media buzz have all contributed to the growth of the music festivals in India as well, with nearly 25 festivals held each year.

With music festivals going mainstream in India, event producers over the past two to three years have recorded millions in ticket sales and sponsorship revenues, ensuring the sustainability of these events in the future as well. While India has popular properties such as The Ziro Festival of Music, Sunburn, NH7 Weekender, and VH1 Supersonic which see a growing number of attendees each year, international festivals like Coachella, Tomorrowland, and Glastonbury Music Festival are among the biggest crowd-pullers attracting millions of visitors from all around the world.

Rising popularity of independent artists

As a direct consequence of the rising popularity of both music streaming and music festivals, there is an unprecedented surge in the number of independent artists across genres who are making the most of digital platforms and live events to find their audience. While Bollywood dominates music consumption in our country, the indie music scene in India is gradually maturing, and things are looking up for independent artistes. Music streaming platforms such as Spotify and Apple Music internationally, and Saavn in India are among the major forces behind this trend, providing independent artists with unique opportunities to showcase their talent and take their music to millions of listeners worldwide.

Advertisers reaching out to millennials

As advertisers look to reach out to young audiences in more immersive ways, they are increasingly cashing in on emerging trends such as music streaming and multi-day music festivals to make sure that their brand is present and visible where the millennials are. Digital advertising on music streaming platforms across the globe has seen a massive uptick over the past two to three years, while brands and advertisers are exploring unique ways to engage young audiences at music festivals and live shows. Merchandising or free giveaways, for instance, are among the most popular ways in which big ticket sponsors promote their brands.

The popularity of recent properties like Sunburn and The Ziro Festival of Music has established India as a high-potential market for experimental and experiential music events. Hence, constant reinvention, rather than following a conventional blueprint, is what can help the music industry and live events space in the country grow. Moreover, proactive engagement can ensure massive returns, not only for big ticket properties and brands, but also for the less mainstream performing arts and world music.

Ashoka News |

Here are four factors influencing growth of the music industry

After nearly two decades of sluggish growth, the global music industry has finally begun to show some optimistic signs of a much-needed resurgence. Among the recent positive developments, the Indian recorded music industry's revenues grew by as much 26 percent in 2016, securing the 19th rank worldwide in sales and outdoing the global industry's humble 5.9 percent. Moreover, according to a FICCI-KPMG 2016 report, the size of India's music industry which stood at Rs 1,080 crore in 2015 is expected to grow to Rs 2,060 crore by 2020. The way we consume music has changed and so have the industry's revenue models, as digital dominates the music consumption habits of consumers globally. Furthermore, India is emerging as a promising destination for music festivals and big ticket live events which, thanks to the reach of social media, are finding audiences not only within India, but from across the globe. The music industry is evolving, and nearly every rule has either been broken or reinvented in what we can call the music industry 2.0. So, let's look at a few key trends curated by Dinesh B. Singh, Founder - Navrasa Duende that have emerged over the past couple of years and are driving the growth of this new-age music industry: Digital music streaming Cassettes and CDs are long gone, and although vinyl has made a rather surreptitious comeback, streaming is the preferred mode of music consumption worldwide. Thanks to a rapidly growing digital infrastructure in the country, affordable data, and cheaper smartphones, music streaming in India achieved a record volume of 50-60 million active monthly users in 2016. This has, in turn, led to massive returns for artists and producers, as music sourced from music streaming apps now accounts for 55 percent of the total revenues generated by the music industry. Thus, with 300 million smartphone users so far and counting, this number is only expected to rise significantly over the next few years. The 16 to 35-year-old demographic set drives the greatest growth, as nearly 75 percent of digital music consumption in India by 2021 is expected from this segment alone; while 80 percent of music streaming is predicted to be done through smart multimedia devices. Live events and music festivals Multi-day music festivals are the growing rage among millennials who are the reason behind the big-ticket sponsorships that power these events across the world. According to Nielsen Music, a whopping 32 million people in the US attended at least one music festival in 2014, half of whom were millennials. Competitive pricing, growing line-up of top performers, rising popularity of diverse music genres, and powerful social media buzz have all contributed to the growth of the music festivals in India as well, with nearly 25 festivals held each year. With music festivals going mainstream in India, event producers over the past two to three years have recorded millions in ticket sales and sponsorship revenues, ensuring the sustainability of these events in the future as well. While India has popular properties such as The Ziro Festival of Music, Sunburn, NH7 Weekender, and VH1 Supersonic which see a growing number of attendees each year, international festivals like Coachella, Tomorrowland, and Glastonbury Music Festival are among the biggest crowd-pullers attracting millions of visitors from all around the world. Rising popularity of independent artists As a direct consequence of the rising popularity of both music streaming and music festivals, there is an unprecedented surge in the number of independent artists across genres who are making the most of digital platforms and live events to find their audience. While Bollywood dominates music consumption in our country, the indie music scene in India is gradually maturing, and things are looking up for independent artistes. Music streaming platforms such as Spotify and Apple Music internationally, and Saavn in India are among the major forces behind this trend, providing independent artists with unique opportunities to showcase their talent and take their music to millions of listeners worldwide. Advertisers reaching out to millennials As advertisers look to reach out to young audiences in more immersive ways, they are increasingly cashing in on emerging trends such as music streaming and multi-day music festivals to make sure that their brand is present and visible where the millennials are. Digital advertising on music streaming platforms across the globe has seen a massive uptick over the past two to three years, while brands and advertisers are exploring unique ways to engage young audiences at music festivals and live shows. Merchandising or free giveaways, for instance, are among the most popular ways in which big ticket sponsors promote their brands. The popularity of recent properties like Sunburn and The Ziro Festival of Music has established India as a high-potential market for experimental and experiential music events. Hence, constant reinvention, rather than following a conventional blueprint, is what can help the music industry and live events space in the country grow. Moreover, proactive engagement can ensure massive returns, not only for big ticket properties and brands, but also for the less mainstream performing arts and world music.

Television Post |

FICCI to launch international contents market

Federation of Indian Chambers of Commerce and Industry (FICCI) is launching an international contents market to run concurrently with its annual Frames conference scheduled from 5-7 March at the Grand Hyatt in Mumbai.

The confluence market will host around 100 buyers and 300 sellers from 50 countries in its first year and attendees are expected to include Vice, Star India, CBS, and Viacom18, in addition to domestic and international OTT platforms.

The market aims to provide a platform to sell Indian and Asian content across film, TV, digital, documentary and animation. India currently produces around 1,500 feature films a year in Hindi and regional languages and has more than 800 TV channels broadcasting across different language groups.

The market section includes sellers’ booths, buyers’ lounge, Indian locations’ showcase, a pitching forum entitled ‘Frame Your Idea’ and networking events.

At the same time, the market aims to offer an opportunity for foreign companies to sell to India’s growing ranks of OTT platforms, which are beginning to explore content outside the usual domestic and US fare. India’s biggest video on demand (VoD) service Hotstar recently launched an online French film festival. Korean and Turkish content is also starting to make inroads into the country.

Animation Express |

FICCI BAF Awards 2018 entries now open; deadline on 15 Feb

FICCI BAF Awards are near, and calling for entries as the deadline is fast approaching.

FICCI Frames – the three-day global convention covering the entire gamut of media and entertainment industry of India – is close, bringing with it BAF Awards, one of the most coveted animation, visual effects and gaming awards. The last date to submit entries for the awards is 15 February, 2018.

BAF Awards at FICCI Frames are an affair of extreme excitement and eager anticipation as the entire AVG industry gathers under one roof after a year of arduous work.

The Best Animated Frames (BAF) Awards was started in 2004 by the Federation of Indian Chambers of Commerce and Industry (FICCI) to recognise and honour students and professionals in the field of animation. This first ever animation awards in India grew over the years to encompass awards not only in animation, but also in the VFX and gaming fields.

The contest now receives top-notch entries from across the globe. In fact, the last BAF Awards held on 22 March 2017 received 400 entries from across 12 countries.

The fifteenth edition of BAF Awards will take place on 5 March, 2018 at Hotel Grand Hyatt, Mumbai for which entries are invited in the categories of animation, visual effects and gaming. Entries can be registered online.

live mint |

The South-Asian Soundtrack

Every day, except when he is travelling for work, Rishi Malhotra plays his red electric guitar dutifully. Sometimes, he uploads a short video of himself playing on Instagram. Not long before he joined Saavn in 2008, spearheading its journey to become one of the leading music apps in India, he would jam with country musicians in Nashville, the “music town” of Tennessee, US, where he was born. He grew up listening to Led Zeppelin and Miles Davis, while still remaining true to his roots, humming to the songs of Nusrat Fateh Ali Khan, Lata Mangeshkar and Pankaj Udhas, thanks to his India-born parents. “My inflections are a bit Indian sometimes,” he says as he plays an Instagram video of him playing a blues tune.

The digital music industry—downloads and streams—is estimated to be generating more than 70% of the over Rs12 billion music industry’s overall revenue in India, according to the 2017 “Indian Media And Entertainment Industry Report” by KPMG India and the Federation of Indian Chambers of Commerce and Industry (FICCI). And with its 22-million subscriber base, New York-based Saavn is an important player in the industry.

We are meeting at Saavn’s office in Mumbai’s Andheri East. The conversation is peppered with data, graphics and charts that Malhotra, 41, keeps plotting on the wall in the conference room where we are seated. Malhotra, who is sporting a light stubble, has a certain flamboyance about him; this quality might have to do with his experience as a musician and being a regular at talks at technology forums.

It was during one such event in 2008 that Saavn co-founders Vinodh Bhat and Paramdeep Singh approached Malhotra. Founded in 2007 in New York, Saavn was a B2B company, digitizing Indian music and distributing them to American services such as iTunes, Hulu and Amazon. The business was at that time making $100,000 (around Rs63 lakh now) a month from just iTunes downloads, but the co-founders felt there was potential to do something bigger. Bhat and Singh were aware of Malhotra’s work for HBO, where he had “helped define cross-platform content engagement and marketing”. He had expertise on things such as time-shifted streaming—the recording of live TV programmes for later viewing.

Malhotra was also looking to leave HBO, where he was vice-president, and start his own venture. “The three of us would meet every month over postwork drinks and discuss how we could transform Saavn from a music aggregator into a music platform for a wholesome consumer experience,” says Malhotra. “The conversations would also be about helping them think through video for Saavn.”

Malhotra could’ve been a professional musician. His father, though, had one suggestion: that he should least finish college before taking a career-related decision. He is a bachelor of science in biology from Washington University in St Louis but by the end of the term in 1998, he was sick of it. “I don’t like hospitals, I don’t like blood. I can’t be around it, I can’t be the best in this,” he remembers calling up his parents in Tennessee and telling them six months before graduation.

While in college, he had been thinking about a corporate job. Malhotra finished his credits a semester early and used that time to work as an intern at stock brokerage firm Smith Barney.

“It’s not that I don’t love writing or playing music, but I also love building a business, working with people, leading teams,” he says. The internship led to a management consultant job at PwC in New York in 1998. For the next two years, he was working with companies, helping them manage their businesses and growth. Then he joined internet consultancy Proxicom.

One of his clients at Proxicom was HBO. They approached Malhotra to take charge of their new venture: HBO On Demand, one of America’s first video-on-demand services. Malhotra joined in 2004, which was his first step in the business side of entertainment. By the end of his four-and-a-half year tenure, HBO On Demand had become a $100 million property for the network. Some of the shows Malhotra worked closely on at HBO, including The Wire, have become the foundation stone for the current creative renaissance in television.

“A big part of what we do here in Saavn,” he says, “the root comes from a lot of learnings from HBO. Both HBO and Netflix built a very big audience with licensed content first and then they built their brand with original content.”

When Malhotra joined Saavn, smartphones were just beginning to make their way into the market and Saavn was looking at a market where most people were still using traditional or pirated ways of listening to music. But there were a few more problems. “Indian music is fractured,” says Malhotra, “spread across different languages and music labels of different regions. So bringing it all together on one platform was complicated.” Some basics, seemingly unimportant but vital, needed to be fixed. Consumers looking for Indian songs would often misspell names of musicians or songs. Many, as it was found, would be looking for songs with the name of the actor who featured in it—a quintessentially Indian thing to do, considering that most of our pop music is essentially film music.

“We thought, why not build a service where you can search for anything, the song title, name of film, composer, actor and even if you misspell it, we should be able to serve you,” says Malhotra.

They started putting the name of actors, singers and others in the metadata. And now, even if one misspells the name of the singer or the composer, the app suggests the correct name.

They created a prototype for the app in 2010. Malhotra remembers handing the phone to his mother, asking her to search for any song. “She found a song she hadn’t heard in years, it made her emotional,” he says. Malhotra remembers calling Singh: “There’s some magic moment to that. We need to build this.”

Saavn.com was launched as a streaming service in 2010 with about 150,000 songs. The early numbers were small—20,000-30,000 a month. “But the engagement was extremely high and the product affinity was palpable. We could tell early on that this was going to change people’s lives,” says Malhotra. Today it has close to 36 million tracks in 15 languages.

In 2015, Saavn raised $100 million from venture capital firm Tiger Global Management Llc and other investors in a deal that valued the firm at $400 million. It has also got investments from Liberty Media, Wellington Capital Management, and individuals like former Vodafone CEO Arun Sarin.

In 2017, Saavn’s listening hours increased by 70%, according to the company, which currently has 22 million subscribers globally; the other major player in the music-streaming apps field in India is Gaana, which claimed to have 35 million registered users in 2016. One of the areas where Saavn has shown growth in terms of time spent on the app has been in English language music, which grew by 176% in 2017. Two years back, this would have been surprising as the perception was that Saavn had more to offer to the Bollywood fan.

Since 2016, Saavn has made a conscious effort in acquiring international and independent music. In February 2017, it launched Artist Originals, a platform through which it aims to promote independent musicians, with a track by Mumbai-based underground hip hop musician Naezy. Other artists such as the indie singer-songwriter Prateek Kuhad followed. It has featured, among others, electronic music producer Nucleya in its artist-in-residence programme, where he produced new music, hosted audio shows and curated playlists. The programme started in 2016, and has featured Raghu Dixit and Papon. Malhotra likes to think of Saavn as a music platform built for artists. They have started streaming live sessions, often conducted on the stage built at one end of the Saavn office in Mumbai. Malhotra has performed on that stage as well. “We run the company the way artists and musicians might do,” he says.

But Saavn’s success ultimately is powered by data—“Eating technology for breakfast, that’s the phrase,” Malhotra says. The company has a rich bank of data accumulated over seven years. Malhotra goes to the extent of describing Saavn as an “equal part data and music company. When we want to green light content, we look at what the audience is, what the demographics are. When you build a company from the onset... you have to listen to that data,” he says. Saavn’s knowledge of what the audience is more likely to consume has encouraged them to dream beyond music. Soon, from being a musicstreaming app, it will expand to videos— the behind-the-scenes videos of their popular celebrity chat show podcast #NoFilterNeha, hosted by actor Neha Dhupia, is already underway. “We’ll become a bit of Netflix, a little bit of MTV…but we’ll be Saavn at the heart of it,” he says.

Headquartered in New York’s Park Avenue, Saavn caters not just to people in India, but the entire South Asian diaspora spread over the world. This reflects in its choice of artists as well: in August 2017, Saavn Originals produced the English-Punjabi number Bom Diggy that brought together Zack Knight, a British-Punjabi musician of Pakistani descent, and Jasmine Walia, a British TV personality and musician of Indian origin. The people who run it—Malhotra, Bhat and Singh—are all non-resident Indians (NRIs).

As we wrap up, Malhotra gets a message on his phone. Singh and Bhat are waiting for him for another meeting. But before I leave, he plays me an audio clip on his phone: his version of Tujhe Dekha Toh from Dilwale Dulhania Le Jayenge (1995) on the guitar. It sounds like the perfect closing note of this NRI success story.

Screen Daily |

India's FICCI to launch international contents market

India’s Federation of Indian Chambers of Commerce and Industry (FICCI) is launching an international contents market to run concurrently with its annual Frames conference in Mumbai.

Scheduled to take place March 5-7 at the Grand Hyatt in Mumbai, the Confluence market will host around 100 buyers and 300 sellers from 50 countries in its first year. Attendees are expected to include Vice, Star India, CBS and Viacom18, in addition to domestic and international OTT platforms.

The market aims to provide a platform to sell Indian and Asian content across film, TV, digital, documentary and animation. India currently produces around 1,500 feature films a year in Hindi and regional languages and has more than 800 TV channels broadcasting across different language groups.

Market sections include sellers’ booths, a buyer’s lounge, an Indian locations showcase, a pitching forum entitled “Frame Your Idea” and networking events.

At the same time, the market aims to offer an opportunity for foreign companies to sell to India’s growing ranks of OTT platforms, which are beginning to explore content outside the usual domestic and US fare. India’s biggest VOD service, Hotstar, recently launched an online French film festival and Korean and Turkish content is starting to make inroads in the territory.

Meanwhile, Frames 2018 is expecting to host 2,000 Indian and 600 foreign delegates, also running March 5-7 at the Grand Hyatt Mumbai.

The Financial Express |

Budget 2018: GST in place, but entertainment industry wants these changes from FM Arun Jaitley

Budget 2018: With Arun Jaitley slated to present the Union Budget 2018 on February 1, 2018, the media and entertainment sector is hopeful that the Finance Minister will provide some relief under the new GST regime. FICCI’s pre-budget 2018 memorandum states that many state governments like Maharashtra, West Bengal, Orissa, Rajasthan had announced entertainment duty exemption schemes for new facilities. These schemes were also for those who renovate and install latest equipment like projection, sound system etc. “The tax exemptions have been granted from 5 to 7 years and many of them are under the grant period. If this tax exemption is removed then the exhibitors who have invested huge amount for renovation by borrowing loans from financial institutions may not be able to repay the loans and also to recover their cost,” FICCI notes.

FICCI’s pre-Budget 2018 memorandum, therefore, recommends that cinema owners be “allowed refund in a proper time frame under the GST regime in respect of the exemption committed under the erstwhile regime.” “Additionally, the commitment made by Government prior to GST regime, should be honoured on the priority. The refund granted should be based on the original commitment by extending the tenure of the expired period and not be limited to the SGST portion only,” FICCI adds.

Very importantly, FICCI notes in the pre-Budget 2018 memorandum: “For the modernisation and maintenance of the cinemas the State Governments have permitted the cinema exhibitors to retain part amount of the admission rates as Service Charge and no entertainment duty is charged on this retention. If this is removed no cinema will be able to survive. This is a very big relief to especially the Single Screen Exhibition trade to maintain and upkeep their cinemas and compete with Multiplexes. It is requested that these important exemptions/service charges in the state entertainment regime be further continued in the GST regime also.”

According to FICCI, the levy of local body entertainment tax defeats the basic purpose of implementing GST. “Various states like Tamil Nadu, Gujarat, Rajasthan, Maharashtra, Haryana and Chandigarh have already authorised their local bodies to levy entertainment tax on entertainment including Cinema Exhibition and many other states are contemplating doing so. Tamil Nadu 76 has already implemented LBET @ 8% on Tamil Movies, 15% on Hindi Movies and 20% on English Movies,” FICCI states. “In addition, imposition of such a levy would entail compliance and enforcement challenges. It is accordingly suggested that this local body tax be subsumed in SGST and suitable allocation to the local body be made to compensate them for their shortfall, if any,” it adds.

The Economic Times |

Hindi cinema unable to grow its audience, fails big screen test

Footfalls in cinema halls for Hindi films have stagnated, while those for regional and English movies have been rising steadily, reveal reliable industry sources.

According to industry data, in the past three years, footfalls for Hindi films across screens have stagnated in the range of 37-38 crore, while those for films in other languages have grown at a compounded annual growth rate (CAGR) of 14 per cent to 120 crore from 81 crore in 2014.

A key reason behind people’s loss of interest in Hindi films is the "declining quality of content", analysts point out, adding that even the presence of big movie stars has not been able to draw the audience. And the number prove it. According to a KPMG-FICCI study, of the top-50 Hindi movies, only 18 recorded positive return on investment in 2016, as against 27 in 2017.

Naval Seth, media and entertainment analyst at Emkay Global, says, "Content is the sole distinguishing factor for the difference in footfalls for Hindi and regional and Hollywood films. Take Salman Khan’s film Tubelight. It made business of less than Rs 150 crore, which is quite a significant drop in comparison with his previous films, which, on an average, garnered about Rs 300 crore."

A rise in consumption of content on over-the-top (OTT) platforms is also keeping the audience away from multiplexes. It is estimated that OTT platforms have an active subscriber base in the range of 2-7 million and they account for nearly 60 per cent of mobile data traffic. These platforms provide highly engaging content at a cost which is phenomenally lower than the cost incurred on movie outings.

Increasing ticket prices for Hindi films have also dissuaded people from going to theatres. Instead, they watch them on TV or mobile phones. The average ticket price has grown 3-5 per cent in the past three years and it could soar to as high as Rs 250.

Komal Nahata, a trade analyst, says, "Today, a Hindi movie outing for a family on weekends costs anywhere between Rs 1,500 and Rs 2,000, which is exorbitant especially in the context of the quality of content. This discourages audiences from coming to theatres."

For regional and Hollywood films, the introduction of subtitles has been a key factor in contributing to the rising number of footfalls. According to Nahata, "There has been an increasing interest in regional and Hollywood films largely due to subtitling. Besides, superior content quality of regional films and the better visual experience of Hollywood films in multiplexes have also enhanced footfalls for these films."

Multiplexes, which began showing English and regional films with subtitles in FY14, have seen a considerable improvement in the number of footfalls. Data from multiplex leader PVR, which controls 30-35 per cent Hollywood box-office revenues, reveals that footfalls for Hollywood films have shown 22 per cent CAGR growth in the past three years to 1.66 crore in FY17 from 0.9 crore in FY14.

Analysts point out that it is imperative that the content quality of Hindi films improves for multiplexes to record better margins and revenues growth. Seth says: "Regional audience is more price-sensitive than those of Hindi films. More importantly, rising footfalls for Hindi movies provide better food and beverages margins than regional films. Hence, it is important that content quality of Hindi movies improves. This will ensure better revenues and margins growth for multiplexes."

live mint |

The state of the media and entertainment sector in India

The Indian media and entertainment sector is one of the fastest growing industries in the country. The sector grew 11% to $20 billion in total revenue in financial year 2016, according to a report by FICCI and EY. It is expected to touch $35 billion by financial year 2021. Television broadcasting, distribution, film, print, radio, advertising and digital are some of the segments that drove growth. Television dominates the sector with a 46% market share followed by print and films. Digital accounted for 6% of the market share and was placed fourth in 2016. The total advertising spending across all segments in India stood at $8.18 billion in 2016 and is estimated to reach $16.7 in 2020. The total employment in the sector was estimated at 0.46 million in 2013. It is projected to grow at an annual average pace of 13% to reach 0.75 million by 2017. The high demand for skilled professionals and specialized workforce across various job roles is driven by the use of new media and digitization of films and TV, as well as launch of new channels across genres.

Business Standard |

Apps march to a different beat PLUG AND PLAY

At a time the music industry in India moves further towards digital consumption, the push for improved listening experience and original content by streaming services shows competition is set to grow to capture more audiences. Jukebox, the music streaming service of online ticketing brand BookMyShow, is the new kid on the block. Launched four months ago, Jukebox provides free music downloads for users of the BookMyShow app — within which the streaming service is present — as well as digital radio. To enhance the experience it is also creating original content.

Aditya Kuber, associate vice-president, audio entertainment, BookMyShow, points out that research before the launch of Jukebox suggested that a user is typically looking for a longer listening experience where she is able to consume more of her preferred kind of music — be it an artist, mood or genre.

BookMyShow, which has been in operation for a decade, has 50 million app installs. It helps to keep track of audience preferences in terms of content and experience. “At BookMyShow, we are aiming to be a 360-degree entertainment destination. For the last year or more we have been creating great videos that area available within the app, so music was our next natural extension for users,” he says.

The company has roped in Nikhil Chinapa, Rohit Barker, Rishi K and Brian Tellis, who have years of experience in the music and entertainment industry, to tap into their understanding of audiences. It is also offering original talk show content across genres such as horror, sport, comedy, entertainment and Bollywood, featuring the likes of comedians Suresh Menon and Jose Covaco. These are available in formats starting from a couple of minutes to up to 30 minutes.

As an example of attempts to offer new perspectives on how users are connecting with favoured content, Kuber talks about a series on the Fifa Under-17 World Cup coming to India, to coincide with the ongoing edition. He explains that audiences vary even though they may be under one umbrella of a genre such as comedy. “It comes down to how good the content is and how well it is packaged and presented, so that’s our focus,” he says, adding that as it continues to work with creators at the company’s in-house studio they will build content vertically and horizontally across categories.

Gaana is another example of a music app that has tried to differentiate itself, through a non-film music platform called Gaana Originals that it launched last month. It is meant to be an 11-week programme where one independent song that is curated and composed by artists themselves will be launched every week. In five weeks, the platform claims to have crossed 20 million streams with six songs.

According to a report by FICCI and KPMG, the Indian music industry was estimated at Rs. 12.2 billion in 2016, and it is expected to grow to Rs. 25.4 billion by 2021 at a CAGR of 15.8 per cent. Digital Jukebox has roped in experts from the music industry, and is offering original talk show content across genres

Gaana has launched a non-film music platform where one independent song that is curated and composed by artists is launched every week

Wynk is focused on optimising background performance. A recent innovation is around network awareness music generates an estimated revenue of over 70 per cent of the overall size of the music industry, it added.

Jukebox aims to remain free and an ad-supported service with innovations in advertising. “The goal is not to disrupt users’ listening experience, yet give the brand an opportunity to reach out to the audience,” says Kuber.

For Airtel-owned app Wynk, however, content for audio is not as significant as that of video. Kartik Sheth, CEO, Wynk, says their strategy is to get the best available material and at the same time not clutter the experience with a lot of long-tail content. He explains that Wynk, which has tie-ups with over 300 labels, may not have a similar number of tracks as competitors, because they include long-tail tracks including remixes so that it leaves listeners confused when they are looking for the original track.

While he does not rule out steps to differentiate the app on the content side, Wynk spends a lot of time on optimising the background performance. One of its recent innovations has been around network awareness (recognition of the experiences on 2G and optimising for those). “If you look at the MP3 listening experiences, ours is the only one where the app creates a signature out of each song and fetches data to make it look rich,” Sheth adds.

He adds that sustainability and profitability of music is a challenge globally. The combination of telco-based as well as OTT (over-the-top) offerings would help Wynk in this regard. “If you have both, the benefits come from being a part of a telco offering, like Wynk is for Airtel customers, as well as an OTT service that gives us ad and subscription revenue.”

Financial Express |

Click M for music

Fifteen years ago, if one looked at the music industry, one could have inferred that record labels were dying a slow death and piracy was the final nail in revenue’s coffin. However, the rise of music streaming apps, globally and in India, has revived the industry and is eventually helping growth both in terms of size and revenue.

In a country like India where music is inherently part and parcel of one’s daily life and with platforms enabling one to hear as well as watch songs across genres, the music industry is expected to grow to Rs. 2,540 crore by 2021 from an estimated Rs. 1,220 crore in 2016 at a CAGR of 15.8%, as per the FICCI-KPMG Media and Entertainment Industry Report 2017. The report goes on to highlight that digital music now generates an estimated revenue of over 70% of the overall size of the music industry while synchronisation, performance rights and physical channels contribute to the remaining share.

The Indian music industry continues to shift towards digital consumption. According to a 2014 report by Nielsen, 27% of the population around the globe discovers new music from music streaming apps and is growing by 7% annually; thanks to the ease of tuning into the music from around the world while on-the-go.

In 2016, India had surpassed the US as the second largest smartphone market with 220 million active users, according to a Counterpoint Research report.

“Wider smartphone coverage, cheap data plans and the proliferation of streaming service providers such as Gaana and Saavn have driven growth. The reach of the digital medium has also prompted large music labels such as Saregama to move into this segment,” points out Swarnava Adikhary, senior economies and consumer analyst, Euromonitor International.

What also helps is that many music streaming services in India are run by local telecom and internet companies; for instance, Reliance Jio has Jio Music, or there’s Wynk Music by Bharti Airtel and Gaana by Times Internet.

On the beat

As consumers adopt digital streaming as a medium for music consumption, the market is seeing the entry of newer contenders, in addition to established players like Saregama, Gaana, Hungama, Saavn, etc. Recently, ticketing company BookMyShow launched its music service — Jukebox. “During our research and consumer studies, we realised that we can play a significant role in this (audio entertainment) space,” says Aditya Kuber, associate VP — audio entertainment, BookMyShow.

Kuber further adds, “With Jukebox, we aim to ease the consumption of audio entertainment by creating a destination which is different, fresh and highly engaging.”

Customisation is the keyword today. To differentiate themselves, music streaming services are leveraging digital technologies from big data to artificial intelligence.

For Jukebox, the key focus is the user experience by offering music playlists curated by experts like Rohit Barker, Nikhil Chinapa, Brian Tellis and HrishiKay. “Moreover, the inclusion of a vast library of multiple original talk shows offers users a new avenue of entertainment,” adds Kuber.

Similarly, Saavn launched Originals with audio stories, podcasts and commentaries while Gaana has Specials and Hungama has an original audio series called Mera Wala Music.

Going a step ahead, Saregama has launched digital music in physical form — Carvaan, a digital audio player supporting 5,000 songs preloaded in digital format on an internal hard disk, based on artistes and moods. “Buoyed by the success of Carvaan, we have now launched Carvaan Mini, a bluetooth speaker that supports 251 of the greatest hits,” informs Vikram Mehra, MD, Saregama India.

There is an obvious trend that these music apps are slowly transforming themselves into platforms from being just an application, by customising and integrating with third parties (like how Gaana created a chatbot last year with Facebook Messenger), and providing other value added services to retain customers.

Hitting the right note

With growing 4G connections, players see a definite higher propensity towards consuming content without WiFi.

The year 2016 saw a spike in music streaming volume with around 50-60 million active monthly users on these apps. The consumer is changing and getting accustomed to streaming. Nearly 75% of the music video consumption is driven by 16-35 year-olds while 80% of music is consumed on smart multimedia devices, as per the FICCI-KPMG report.

Siddhartha Roy, CEO of Hungama.com feels that audio files take up less space on a smartphone and hence, cater to even the least common denominator. “We offer both video and audio on our app leaving it to the consumer’s discretion. Video is still important as even today, most people search for a song by an actor’s name and not of the singer,” he says while adding that apart from Hindi music, regional music (Punjabi, Tamil, etc) too has seen a spike in consumption in the last couple of years.

While there are some who believe that the concept of listening has been brought back by radios and enhanced by streaming apps, Mehra highlights one of the insights in Saregama’s consumer research shows that many customers missed the listening to Vividh Bharti playing in the background while they continued with their work. “There is still a big audience that wants to passively listen instead of always actively watching music,” he says.

The apps today have daily active users and monthly active users where the latter largely add to the revenue stream for these platforms. “Good content available on the app, generating ad revenue and managing costs effectively are the three things that these apps need to keep in mind to proliferate, because freebies are always dearer to heart,” says Dhanraj Bhagat, partner, Grant Thornton India LLP. Therefore, going ahead, service providers need to attract more users to the subscription model instead of the free service plus an ad model to grow revenues.

With this under control, many agree that compared to the West, we lag behind when it comes to streaming music apps but with a huge youth population and improvements in the digital infrastructure, the industry could see a 30-40% growth in the coming years.

Tech Observer |

Reliance Jio data push and Airtel zeal to excel is boosting growth of music streaming apps in India

With Reliance Jio going all out to promote 4G and its VoLTE services and others operators like Airtel, Vodafone and Idea trying to match or excel in this India’s data rush, seems to have opened up a pandora of opportunities for allied sectors. In a recently released report, FICCI-KPMG suggested that India’s digital music is growing at phenomenal rate and generating 70% of total music industry business, thanks to availability of high speed data.

The FICCI-KPMG Media and Entertainment Industry Report 2017 said that the music industry is expected to grow to Rs 2,540 crore by 2021 from an estimated Rs 1,220 crore in 2016 at a CAGR of 15.8%. The report also highlight that digital music now generates an estimated revenue of 70% of the overall size of the music industry, while synchronisation, performance rights and physical channels contribute the remaining share.

In 2014, Nielson in its report had said that 27% of the population around the globe discoversed new music from music streaming apps, a trend that was growing by 7% annually, thanks to the ease of tuning into the music from around the world on the go.

“Wider smartphone coverage, cheap data plans and proliferation of streaming service providers such as Gaana and Saavn have driven growth. The reach of the digital medium has also prompted large music labels such as Saregama to move into this segment,” points out Swarnava Adikhary, senior economies and consumer analyst, Euromonitor International to FE. As consumers adopt digital streaming as a medium for music consumption, the market is seeing the entry of newer contenders, in addition to established players like Saregama, Gaana, Hungama, Saavn, etc.

Recently, ticketing company BookMyShow launched its music service — Jukebox. “During our research and consumer studies, we realised that we can play a significant role in this (audio entertainment) space,” says Aditya Kuber, associate VP—audio entertainment, BookMyShow to business daily adding, “With Jukebox, we aim to ease the consumption of audio entertainment by creating a destination that is different, fresh and highly engaging.”

Financial Express |

Growing use of smartphones and cheap data plans boosting music streaming apps

Luis Fonsi and Daddy Yankee’s Spanglish summer single Despacito featuring Justin Bieber has broken all streaming records on Wynk Music. We all know that international music is growing in India, and this indicates how it is being consumed on music streaming apps as well.

The music industry is expected to grow to Rs 2,540 crore by 2021 from an estimated Rs 1,220 crore in 2016 at a CAGR of 15.8%, as per the FICCI-KPMG Media and Entertainment Industry Report 2017. The report goes on to highlight that digital music now generates an estimated revenue of 70% of the overall size of the music industry, while synchronisation, performance rights and physical channels contribute the remaining share.

As per a 2014 report by Nielsen, 27% of the population around the globe discovers new music from music streaming apps, a trend that is growing by 7% annually, thanks to the ease of tuning into the music from around the world on the go.

“Wider smartphone coverage, cheap data plans and proliferation of streaming service providers such as Gaana and Saavn have driven growth. The reach of the digital medium has also prompted large music labels such as Saregama to move into this segment,” points out Swarnava Adikhary, senior economies and consumer analyst, Euromonitor International.

As consumers adopt digital streaming as a medium for music consumption, the market is seeing the entry of newer contenders, in addition to established players like Saregama, Gaana, Hungama, Saavn, etc.

Recently, ticketing company BookMyShow launched its music service — Jukebox. “During our research and consumer studies, we realised that we can play a significant role in this (audio entertainment) space,” says Aditya Kuber, associate VP—audio entertainment, BookMyShow, adding, “With Jukebox, we aim to ease the consumption of audio entertainment by creating a destination that is different, fresh and highly engaging.”

Financial Express |

Music apps play customised tunes

Luis Fonsi and Daddy Yankee’s Spanglish summer single Despacito featuring Justin Bieber has broken all streaming records on Wynk Music. We all know that international music is growing in India, and this indicates how it is being consumed on music streaming apps as well.

The music industry is expected to grow to Rs 2,540 crore by 2021 from an estimated Rs 1,220 crore in 2016 at a CAGR of 15.8%, as per the FICCI-KPMG Media and Entertainment Industry Report 2017. The report goes on to highlight that digital music now generates an estimated revenue of 70% of the overall size of the music industry, while synchronisation, performance rights and physical channels contribute the remaining share.

As per a 2014 report by Nielsen, 27% of the population around the globe discovers new music from music streaming apps, a trend that is growing by 7% annually, thanks to the ease of tuning into the music from around the world on the go.

“Wider smartphone coverage, cheap data plans and proliferation of streaming service providers such as Gaana and Saavn have driven growth. The reach of the digital medium has also prompted large music labels such as Saregama to move into this segment,” points out Swarnava Adikhary, senior economies and consumer analyst, Euromonitor International.

As consumers adopt digital streaming as a medium for music consumption, the market is seeing the entry of newer contenders, in addition to established players like Saregama, Gaana, Hungama, Saavn, etc.

Recently, ticketing company BookMyShow launched its music service — Jukebox. “During our research and consumer studies, we realised that we can play a significant role in this (audio entertainment) space,” says Aditya Kuber, associate VP—audio entertainment, BookMyShow, adding, “With Jukebox, we aim to ease the consumption of audio entertainment by creating a destination that is different, fresh and highly engaging.”

The Financial Express |

Zee acquires 100% in 9X Media, INX music

Zee Entertainment Enterprises (ZEEL) has acquired a 100% equity in 9X Media and its subsidiary INX Music, which was previously owned by private equity firm New Silk Route.

The all-cash transaction worth Rs 160 crore saw ZEEL acquiring 91,453,000 shares of Rs 10 each of 9X Media from its existing shareholders at Rs 155.20 crore, apart from 1,339,556 shares valued at Rs 10, amounting to Rs 4.80 crore. Following the acquisition, 9X Media will become a wholly owned subsidiary of ZEEL.

9X Media operates five music channels. Of these, three are Hindi music channels – Hindi 9XM, 9X Jalwa and 9X Bajao, while 9XO is an English music channel and 9X Jhakaas is a Marathi music channel. The company’s subsidiary, INX Music, also runs a Punjabi music channel — 9X Tashan. Moreover, it has a digital product, SpotboyE, with Bollywood’s news, gossip, movie reviews and other updates — which is also a part of the transaction.

On completion of the acquisition, these channels will be added to ZEEL’s current bouquet of 33 channels. As per the company, the acquisition is in line with the company’s strategy to cater to diverse audience by offering targeted product. The company claims that these channels will complement the music label and movie production businesses.

“Continuing with our strategy of expanding into regional markets and niche genres, this acquisition will strengthen our music portfolio. 9X channels enjoy leading market share in their respective segments and will benefit immensely from our network’s strength to achieve higher growth potential and cost synergies,” said Punit Goenka, MD and CEO, ZEEL.

According to the FICCI-KPMG Media report, the music industry, which was valued at Rs 1,220 crore, is expected to grow at a CAGR of 15.8% to reach Rs 2,540 crore by 2021. Currently, digital music contributes to 70% of the revenue.

Zee as a media group has been very active in mergers and acquisitions over the last one year. Besides acquiring a 49% stake in Anil Ambani-owned Reliance Broadcast Network’s radio business Big FM in November last year, Zee Group recently sold its sports broadcasting business – Taj Television – which operated Ten Sports set of channels to Sony Pictures Networks India for $385 million.

The Asian Age |

Israel minister on India trip to woo Bollywood producers

In an attempt to lure Bollywood producers to shoot in the country, Israel is sending a senior minister to India to meet top producers from the film and television industry.

Israel has been eyeing opportunities with Bollywood for a long time now and has been mulling over a list of incentives that can be extended to bring them to film in the Holy Land. Deputy minister for diplomacy in the Prime Minister’s office, Michael Oren will be on a five-day trip to India from October October 6 to 10. His meeting with producers is scheduled on October 7.

“The minister will have an interaction with Indian film and television producers and share with them opportunities across film making (location with Israel), scripts and co- production between India and Israel, Media Technology etc,” Jonathan Cummings, a spokesperson for the deputy Minister, told PTI.

About 20 leading producers, studios and companies including Yash Raj Films, Dharma Productions, Fox Star, Eros International, Red Chillies Entertainment and Balaji Telefilms have been invited for the session.

“India currently has a Co-Production Treaty with 16 nations, including United States, UK, Australia, Canada, Japan etc and we would like to discuss opportunities with Israel”, he said.

The event will be organised in partnership with FICCI-FRAMES team with which Israel plans a formal association at its mega conference scheduled for March 2018. Israel could be the partner country for the Convention.

The Israeli minister would also be meeting minister of state for external affairs, M.J. Akbar, and Deputy National Security Advisor, R.N. Ravi.

He will be addressing the India Foundation and also students and faculty at JNU, industrialists and the Indian Council of World Affairs during his trip to India.

Pandolin |

2017 Fast Track India conference under FICCI knowledge series

The 2nd edition of FICCI Knowledge series in association with LA India film Council (LAIFC) was held on 4th October in Mumbai. The 2017 Fast track India Conference focused on building out a digital company, the impact of evolving digital infrastructure on content consumption and rise in online piracy.

People who attended the event were Mr. Vijay Singh, CEO, Fox Star Studios and Mr. Girish Menon, Partner and Co-Head Media and Entertainment, KPMG India and others who were part of various panels through out the day.

Vijay Singh spoke about the power of digital platforms in Media and Entertainment sector. He emphasized on the need to be open to radical re invention, content creation, getting business module right and reaching to the right audiences.

A panel discussion on ‘Roadmap to Digital Company’ was moderated by Ms. Neha Punater, Partner – Management Consulting, KPMG India and the panelists included Mr. Ajay Chacko, Co-founder, Arre Mr. Sameer Pitalwalla, CEO, Culture Machine Mr. Sagar Gokhale, COO, Qyuki Digital Media and Mr. Nachiket Pantvaidya, CEO, ALT Digital Media Entertainment Ltd.

The panel focussed on the value chain of a Digital company and what it takes to build a robust digital company, in addition to key success factors and challenges to create a sustainable future- ready digital business.

Nachiket Panthvaidya said, “The focus has to shift from just getting big numbers to actually engaging audiences. Because of internet revolution, the content consumption will also become more personalized.”

He also emphasized on the fact that the investments will have to be large to get the kind of results we want from digital content.

The second panel moderated by Girish Menon Partner & Head – M&E, KPMG India, spoke about digital infrastructure transforming content consumption. The panel members included Mr. Saurabh Doshi, head – Content & media Partnerships India & South Asia, Facebook India Mr. Akash Banerji, Head – Marketing & Partnership, Viacom18 Digital ventures Mr. Jamie Kenny, Business Head – Digital, BARC India and Mr. Hiren Gada, Director, Shemaroo Entertainment Ltd.
The panelists threw light on business strategies in a rapidly changing digital environment in the country and evolving content consumption patterns.

The day was concluded by the third panel moderated by Mr. Munish Mehra, Partner, SaiKrishna & Associates focused on Online Content Protection in a Digital Economy. Panelists were Mr. Stephen Jenner, VP-Communications – MPA, Asia Pacific, Mr. Blaise Fernandes, President, Tamil Film Producers Council, Mr. Hiren Gada, Director, Shemaroo Entertainment Ltd., Mr. Thomas George, Senior Vice President, Head-Litigation, IP & Regulatory. – ‎Viacom18 Media Private Limited, Mr. Aamod Gupte, General Counsel, Eros and Ms. Anju Jain, Assistant Regional Counsel, Disney India.

Talking about online Piracy, Stephen Jenner said, “Effective piracy control programmes need to involve all stakeholders from the government to the creator. We are seeing an update in online legal service, which is a positive sign to eradicate online piracy issues.”

The Hindu |

Piracy suspect turns out to be porn site operator

As part of his war against video piracy, actor Vishal has been working with a select team to bring offenders to book.

Vishal’s team has been conducting raids on shops, which sell pirated films across the State, and is handing over the offenders to the police.

A couple of days ago, Vishal, the president of Tamil Film Producers’ Council, and his team were aiming to trapping the administrators of tamilrockers.com and tamilgun.com, the two major sites which make many new movies available online immediately after their release. During this process, the team identified a website, which they thought was among the most significant hubs of online releases.

Tracing the Internet Protcol (IP) address, they identified the administrator of the site as one Gowrishankar of Tirupatthur, Vellore district. Under the guise of talking about a deal to upload new movies, they invited Gowrishankar to a premises in Triplicane.

When he stepped in, Vishal and his men nabbed him and handed him over to the Deputy Commissioner of Police, Triplicane, alleging that he was a leading figure in online piracy.

The case was entrusted to the Central Crime Branch. During interrogation, the police found that the suspect was running a website called tamilgun.in that promoted advertisements in magazines and at times, pornographic material. The administrator was earning a few thousand rupees a month through the business, the police said.

He was in no way connected to tamilgun.com or tamilrockers.com.

The police suspect both these websites are operated from outside the country.

Remanded to custody

The investigation further revealed that Gowrishankar had little knowledge of the internet or computers since he had studied only up to Class X. He was remanded to judicial custody.

“The administrators of online piracy websites get lakhs of rupees by releasing new movies. The websites have had a long and unchallenged run since their servers are located abroad,” said an investigator.

Even after the latest arrest, the administrators of the websites had declared that they would continue to release new films.

According to the KPMG India-FICCI Indian Media and Entertainment Report 2017, the annual loss to the film industry due to online piracy is ₹1,800 crore.

Financial Express |

Reliance Jio phone launched priced at zero; 4G VoLTE feature phone to hit DTH, cable operators

Reliance Jio’s announcement of launching 4G VoLTE feature phones has the potential to hurt the prospects of the direct to home (DTH) and cable TV industry also, though not to the extent it would impact the incumbent telecom operators.

Analysts said DTH and cable TV operators would get hit to an extent since Jio has wide content in its portfolio that the feature phone users can access and view on their television sets. In fact, the announcement of the feature phone saw shares of broadcasting and cable TV companies slumping up to 6% on the BSE on Friday.

Reliance Industries CMD Mukesh Ambani on Friday said many JioPhone users might like to view their favourite content such as live TV, movies or education on their television sets. He said that this is especially true in many remote parts of the country where even cable TV and high speed internet have not reached. “Our young Jio engineers have created an innovation to help them — a special and affordable ‘JioPhone TV cable’ that connects JioPhone with any TV, not just a smart TV, so that all JioPhone users can enjoy viewing on the big screen of their existing television sets,” he said.

“Along with this accessory, users can opt for the existing Jio Dhan Dhana Dhan Rs 309 pack that would allow users to watch almost three to four hours of videos daily, of their choice, on a large screen,” Ambani added.

Since RIL had announced on Thursday that it would acquire around 25% stake in Balaji Telefilm, which is a content production company, for around Rs 413 crore, analysts saw the JioPhone-TV synergy to be detrimental for cable and broadcasting company.

However, according to some analysts the impact would not be much. As per various reports, the national cable average revenue per user (Arpu) stands at Rs 150-175 and for DTH it is at Rs 200-210. “If one has to consume just a couple of hours of content on television, then having a cable or DTH connection will cost less than the one launched by RIL,” said Ashish Pherwani, partner — advisory, media and entertainment, EY.

According to the KPMG FICCI Indian Media and Entertainment Industry Report 2017, the number of cable and DTH households in India increased to 181 million in 2016, resulting in a TV penetration of 63%.

afaqs |

Indian M&E sector expected to touch USD 34.8 billion by 2021: EY Report

The Indian Media and Entertainment (M&E) industry is expected to touch USD 34.8 billion, witnessing a CAGR of 11.8 per cent over 2016-21, according to a report titled 'Digital inflection point: Indian media and entertainment', released at the FICCI-IIFA Global Business Forum in New York.

(Of) the sub-sectors in the M&E industry, digital (which includes digital advertising, advertising on mobile, OTT, etc.) is expected to register the highest growth at 26 per cent CAGR in the 2016-2021 period. This is followed by organised sector (expected to grow at 16 per cent CAGR), radio (at 14 per cent CAGR), TV (at 11 per cent CAGR), music (11 per cent CAGR), films (at 10 per cent CAGR) and print (at 7 per cent CAGR), in the same period.

Commenting on the report, Ashish Pherwani, Partner - Advisory, Media and Entertainment, EY says, "The Indian M&E sector is at a digital crossroads today. Every segment of the industry, including print, TV, radio, film, experiential marketing and OTT, is being impacted by digitisation, and is showing growth, consolidation and innovation. It presents an excellent opportunity for companies looking at establishing and expanding their presence in the country, and making the most of the India digital growth story."

Leena Jaisani, Assistant Secretary General - FICCI, says, "India is home to one of the most vibrant, dynamic and differentiated M&E markets in the world. The Indian M&E industry has adapted and innovated its offering to cater to the huge and varied demand in each segment of the industry, be it films, broadcast, digital, animation, print or live events. The Government has (helped boost) growth, investment opportunities and ease of doing business in the industry with initiatives such as single window clearance, favorable tax incentives, policies and regulations... Today, definitely, is the time to invest in the Indian Media & Entertainment Industry."

According to the report, currently, television continues to dominate the M&E sector, with the segment accounting for 46 per cent of the sector's revenue share in 2016. Television, print (23 per cent) and film (11 per cent) segments together accounted for (approximately) 80 per cent market share in 2016. Break up of the remaining 20 per cent: digital (6 per cent), organised events (4 per cent), radio (2 per cent), music (1 per cent), and other segments (7 per cent).

In 2016, total advertising spend across all segments in India stood at USD 8.18 billion which is estimated to reach USD 16.7 billion in 2020. Print media and TV together accounted for 76.2 per cent of the total revenue from advertising in 2016. Mobile advertising has emerged as the third largest advertising medium in India after TV and print.

The report also makes a prediction about the subscription market: pegged at USD 9.3 billion in 2016, it will grow to USD 15 billion by 2020.

exchange4media |

M&E sector expected to touch USD 34.8bn by 2021: EY Report

The Indian Media and Entertainment industry is expected to touch USD 34.8 billion, witnessing a CAGR of 11.8% over 2016-21, according to a report titled ’Digital inflection point: Indian media and entertainment’, released at the FICCI-IIFA Global Business Forum in New York.
Amongst the sub-sectors in the Media and Entertainment industry, Digital (which includes Digital advertising, advertising on mobile, OTT, etc.) is expected to register the highest growth at 26% CAGR in the 2016-2021 period. This is followed by organised sector (expected to grow at 16% CAGR), Radio (at 14% CAGR), TV (at 11% CAGR), Music (11% CAGR), films (at 10% CAGR) and Print (at 7% CAGR) respectively in the same period.
Commenting on the report, Ashish Pherwani, Partner – Advisory, Media and Entertainment, EY said, “The Indian M&E sector is at a digital crossroads today. Every segment of the industry, including print, TV, radio, film, experiential marketing and OTT, is being impacted by digitisation, and is showing growth, consolidation and innovation. It presents an excellent opportunity for companies looking at establishing and expanding their presence in the country, and making the most of the India digital growth story.”
Leena Jaisani, Assistant Secretary General – FICCI, said, “India is home to one of the most vibrant, dynamic and differentiated M&E markets in the world. The Indian M&E industry has adapted and innovated its offerings to cater to the huge and varied demand in each segment of the industry, be it Films, Broadcast, Digital, Animation, Print or Live Events. The Government has been imperative in boosting growth, investment opportunities and facilitating ease of doing business in the industry with initiatives such as single window clearance, favorable tax incentives, policies and regulations in place. Today definitely is the time to invest in Indian Media & Entertainment Industry.”
According to the report, currently, television continues to dominate the M&E sector, with the segment accounting for 46% of the sector’s revenue share in 2016. Television, print (23%) and film (11%) segments together accounted for ~80% market share in 2016. Digital (6%), organized events (4%), Radio (2%), music (1%), and other segments (7%) constitute the other 20%.
In 2016, total advertising spend across all segments in India stood at USD 8.18 billion which is estimated to reach USD 16.7 billion in 2020. Print media and TV together accounted for 76.2% of the total revenue from advertising in 2016. Mobile advertising has emerged as the third largest advertising medium in India after TV and print, notes the report.
The report also predicts the subscription market – pegged at USD 9.3 billion in 2016 – will grow to USD 15 billion by 2020.

The Economic Times |

Digital platforms to drive growth in media and entertainment: Report

India’s media and entertainment industry is forecast to touch $34.8 billion by 2021, logging a CAGR of 11.8 per cent in the preceding five years, paced by significant growth in digital platforms that would increasingly draw more eyeballs than competing outreach vehicles.

According to EY’s report on the industry, released at the FICCI-IIFA Global Business Forum in New York, growth in digital media businesses would far outpace TV, print, radio or music concerts at 26 per cent CAGR between 2016 and 2021.

With an economy of $2.3 trillion and expanding at a rate north of 7 per cent, India remains an under-advertised country, compared with OECD economies. Total advertising spends across all segments in India, which stood at $8.18 billion in 2016, will double to $16.7 billion in 2020.

While print media and TV together accounted for 76.2 per cent of the total revenue from advertising in 2016, mobile advertising has emerged as the third largest advertising medium.

The report, titled ‘Digital Inflection Point: Indian Media and Entertainment’, says organised events would expand at 16 per cent CAGR, radio at 14 per cent, TV at 11 per cent, music at 11 per cent, films at 10 per cent, and print media at 7 per cent.

To be sure, TV and print have significantly large revenues currently: TV (46 per cent) and print (23 per cent) together generate more than two-thirds of the industry’s total revenue.

“The Indian M&E sector is at a digital crossroads today. Every segment of the industry, including print, TV, radio, film, experiential marketing and OTT, is being impacted by digitisation, and is showing growth, consolidation and innovation,” said Ashish Pherwani, partner – Advisory, Media and Entertainment, at EY.

“It presents an excellent opportunity for companies looking at establishing and expanding their presence in the country, and making the most of the India digital growth story.”

Together with films, of which India is the biggest producer by the number of titles annually, TV and print make up four-fifths of the current industry revenue.

Digital (6 per cent), organised events (4 per cent), radio (2 per cent), music (1 per cent), and other segments (7 per cent) constitute the remaining 20 per cent of the market. With the faster growth of digital media, these shares would change by 2021.

Business Standard |

Anil Kapoor, Preity Zinta to address FICCI-IIFA Global Business Forum

Bollywood stars Anil Kapoor and Preity Zinta along with Indian Ambassador Navtej Sarna, Tulsi Gabbard, FICCI President Pankaj Patel and Anil Agarwal, Vedanta Resources will address the FICCI-IIFA Global Business Forum to be held on July 14, here.

As preparations for the 18th IIFA Weekend and Awards are underway, the International Indian Film Academy and the Federation of Indian Chambers of Commerce and industry announced the FICCI-IIFA Global Business Forum to be held at the Asia Society, 725 Park Avenue as part of the IIFA Weekend and Awards in New York.

Supported by Consulate General of India- New York, Asia Society and US-India Business Council (USIBC), the Business Forum is an initiative which began in 2005 and has grown into a global platform which has hosted international leaders such as Nelson Mandela, Prince Charles, Prime Minister Tony Blair of UK, President Mahinda Rajapaksa of Sri Lanka and a number of CEOs of Fortune 500 companies.

FICCI- IIFA Global Business Forum, the annual one-day event has been a major highlight of the IIFA Weekend and Awards, solidifying the business ties between India and its significant trade and investment partners.

This year, the Global Business Forum 2017 will focus on the theme "India and United States: Partners in Progress", with discussions on India-US commercial relations, with panel sessions focusing on key aspects of the relationship: The future of India-US Economic Partnership, Defense and Security, Manufacturing, Innovation and Entrepreneurship, Media & Entertainment.

The day long programme is expected to draw participation from some of the most prominent personalities of Indian and American industry and will be seen bringing together business leaders, policy makers, and dignitaries from India and United States on a common platform to discuss opportunities of collaboration.

IIFA has always striven to act in the best interest of the Indian Film Industry and to work closely with the governments of host countries to build community engagement, better ties for business, trade, tourism and cinema ties.

The American Bazaar |

IIFA Awards 2017: A preview of what is to come

After a period of 3 years, Bollywood has come knocking on the United States shores once again! This weekend, thousands from New York, New Jersey and all around the country will throng New Jersey’s MetLife Stadium to catch a glimpse of their favorite stars at the International Indian Film Academy (IIFA) Awards 2017.

The IIFA Awards, one of Bollywood’s most respected and prolific award ceremonies, will recognize the best of the best in Hindi cinema over the past year – from best direction, to best music, best picture, to best actors. IIFA’s significance lies in not only the recognition it gives to excellence in Bollywood, but also the recognition it gives to Bollywood as a truly global brand and phenomena.

IIFA believes in bringing Bollywood to the world and in the power of Bollywood cinema globally. Since the year 2000, IIFA has taken place at a myriad of locations around the world (according to their website, 15 locations across 12 countries and 4 continents to be precise), starting with London in the year 2000 and then moving to other places such as South Africa, Malaysia, Singapore, Netherlands, Dubai, Thailand, China, Sri Lanka, Canada, Spain and Tampa Bay in Florida. This year, the chosen host city is New York and once again ardent fans in the US get to experience the fun of IIFA.

Aside from being an awards show, this IIFA weekend will also see many other connected events which will also enhance the experience of attending. On Thursday, July 13th, IIFA weekend will kick off with a Press Conference, followed by IIFA Stomp and a Shuruaat Gala Dinner in association with tGelf. On Day 2, Friday, July 14th the Federation of Indian Chambers of Commerce and Industry will host a business forum with IIFA to discuss the US-India progressive partnership. This will be followed by the IIFA Rocks Green Carpet and then the IIFA Rocks show, which will feature talents like A.R. Rahman, Diljit Dosanjh, Hariharan, Kailash Kher, Mika Singh, Mohit Chauhan and many others. On Saturday, July 15th, the big award show itself will be conducted with a full red carpet followed by the main event. Superstars such as Salman Khan, Alia Bhatt, Katrina Kaif, Kriti Sanon, Varun Dhawan, Shahid Kapoor and Sushant Singh Rajput are expected to perform, while the main event is expected to be hosted by celebrity director Karan Johar and actor Saif Ali Khan. The weekend will close out on Sunday, July 16th with a closing party.

As far as nominees go, there are a lot of exciting categories featuring very tough competition. For Best Picture, Ae Dil Hai Mushkil, M S Dhoni: The Untold Story, Udta Punjab, Neerja, Sultan and Pink are the nominees. For Best Director, Karan Johar (Ae Dil..), Aniruddha Roy Chowdhury (Pink), Abhishek Chaubey (Udta Punjab), Neeraj Pandey (Dhoni), Ram Madhvani (Neerja) and Ali Abbas Zafar (Sultan) round out the list. In the Best Leading Actor – Female category, we have Alia Bhatt with 2 nominations (Udta Punjab and Dear Zindagi), Anushka Sharma (Ae Dil…), Sonam Kapoor (Neerja) and Taapsee Pannu (Pink). In the competitive category of Best Leading Actor – Male, Ranbir Kapoor (Ae Dil…), Amitabh Bachchan (Pink), Shahid Kapoor (Udta Punjab), Salman Khan (Sultan), Shahrukh Khan (Fan), Sushant Singh Rajput (Dhoni) make up the list. There are many more categories with interesting nominees but only a select few will take home the trophy. What about you? Whom are you rooting for?

IIFA kicks off this Thursday and is guaranteed to be an event to be remembered for years to come. My hope is that one day IIFA takes place in the DC area as well because there are many hardcore Bollywood fans here too (such as this writer).

The stage is set for a memorable weekend. Have you bought your tickets yet?

Asian Age |

DD plans sanskari cartoons to counter foreign shows

The Narendra Modi government has decided to use cartoons based on Indian culture, mythology and ethos to beat the cultural onslaught by kids shows based on foreign characters.

Doordarshan is attempting to take on the foreign cartoon channels being beamed in the country by launching its own kids specific channel soon. The DD kids channel will broadcast cartoons and programmes that seek inspiration from Indian culture, history and heroes. Sources stated that programmes in the new channel will be rooted in Indian culture and history that the children of the country would be able to relate to. It is understood that the issue of starting a kids channel came to the fore during the research for finalising DD free dish channel bouquet. There was demand from several quarters for a kids channel that could serve to the needs of the children based on Indian perspective. “It was found that in several instances, kids in the country were unable to relate to the concepts, food habits, cultural and living habits shown in popular cartoon programmes like Shin Chan, Doraemon, Ninja Hattori. As most of these are foreign dubbed serials, they do not show the true Indian culture and hence the need for such a channel,” sources stated. The channel is expected to focus on Indian cartoon characters that kids can relate to easily and they are not expected to be a cultural shock to them in terms of depicting living, eating and other lifestyle habits, sources added.

Speaking to this newspaper, DG Doordarshan Supriya Sahu stated that the channel would plug the gap for kids slot in the DD free dish bouquet. “DD would not like to lose the opportunity of launching an exclusive channel for kids. The time is just right. DD free dish has 80 channels but no channel for kids. A proposal is being worked out with support from the I&B ministry, Prasar Bharati and FICCI. The Indian animation industry has great talent and potential. There could be a great synergy for all stakeholders to come together to create content which is original and meaningful for kids,” Ms Sahu added.

Business Standard |

Multiplexes seek single rate on tickets

The goods and services tax (GST) cut for movie tickets below Rs. 100 by the GST Council on Sunday has come as a breather for largely single-screen operators. From 28 per cent, this rate was reduced to 18 per cent.

Close to 75 per cent of the 8,500-9,000 screens in India are single ones (that is, 6,000 to 6,500). Multiplex operators are disappointed. For, the revenue from tickets priced above Rs. 100 is higher than that from tickets below Rs. 100. While PVR and Inox Leisure, two of the country’s leading multiplex operators, derive six to seven per cent of their revenue from movie tickets priced below Rs. 100, for Mukta A2 Cinemas (from the Mukta Arts stable), the revenue from tickets priced below Rs. 100 is 20 per cent.

Rahul Puri, managing director at Mukta A2, says: “The GST reduction should apply to all ticket prices. We believe the 18 per cent slab is the correct one for films and do not see why tickets should be bifurcated this way.”

Deepak Asher, non-executive director, Inox Leisure, said the impact on his company’s business due to the rate revision on Sunday was negligible. He, too, argued the Council should have sought to bring GST rates for movie tickets in both categories at par.

Abneesh Roy, senior vice-president at Edelweiss Financial Services, says: “PVR derives about six per cent of its revenue from tickets priced below Rs. 100. The lower rate would translate into a positive impact of Rs. 6-8 crore only on its (operating) earnings, which is small.”

While the number of multiplex screens in India is estimated to be around 2,500 in India, the business has been growing. A FICCI-KPMG report this year says multiplex operators have been adding screens at a rate of eight to nine per cent annually, even as single-screen operators have been closing every year at the rate of three to four per cent. “Even if the single-screen upgrades its infrastructure, it faces strong competition from nearby multiplexes in overall service quality and facilities. Another challenge is limited exhibition of films.

This is due to non-uniformity of terms with distributors,” the report said, implying that tax rates should also take into account the interests of a growing sector.

Moneycontrol |

Pay 28% or more for movie tickets: Will GST spell bad news for entertainment industry?

The goods and services tax will come into effect from July and many industries are analysing the impact of the new tax regime.

One such industry is the entertainment sector that was expecting to fall in the lowest bracket of the one tax one nation concept. However, now movie goers will have to shell out 28 percent on movie tickets besides the ticket price.

The tax burden doesn’t end here as many states are considering to levy local body taxes.

What are local body taxes?

Rahul Puri, MD of Mukta Arts, explains that local body taxes (LBT) are taxes which the state government can direct a city’s local authority to collect.

How will it impact the movie business?

States like Maharashtra, Gujarat, Madhya Pradesh and Rajasthan have indicated they could ask local bodies to charge a tax on cinemas.

As per news reports, Maharashtra has already taken step towards replacing state entertainment with the local body tax by introducing a bill to amend the entertainment tax law. And, other states are preparing to follow suit.

“It (LBT) would be a huge issue in certain states if levied as the GST rate is already so high,” said Puri.

What was the expectation from the single indirect tax system?

Ajay Bijli, the man who has been in the cinema business for 27 years and who is the Chairman and MD of PVR, says the industry expected GST to reduce the burden of numerous taxes it was dealing with- service, entertainment, VAT, excise and octroi-like taxes. But, things have changed as movie tickets will be taxed at 28 percent. The Film and Television Producers Guild of India proposed for a GST rate of 5 percent to the government for the film industry growth and to make it a lucrative business investment opportunity.

Along with Bijli, many others from the industry were hoping GST to take the movie business in India to another level.

“In the very near term itself, we would have come at par if not better than the best in the world, both in quality and quantity. It was an opportunity to scale up our domestic box office, which is at present a dismal size compared to those in the US, Chinese and even smaller markets. Through GST, we could have screens in every nook and corner of the country,” believes Bijli.

Amid the challenges, is GST a ray of hope?

The entertainment space is dealing with the menace of piracy which has affected the industry with an annual loss of around Rs 180 billion every year, accompanied by a loss of 60,000 jobs every year, as per a FICCI-KPMG report.

Single screen theatres are facing low occupancy rates. On an average 3-4 percent of single screen theatres have been closing every year.

Amid these challenges, the movie business in India saw the unified tax as a ray of hope.

The industry was expecting the introduction of GST to help mitigate the cascading impact of tax and help in better operating margins for exhibitors. The benefits would have led to decrease in ticket prices.

If in the lower bracket, what would have GST meant for the entertainment industry?

Currently, multiplex operators pay on an average 21-22 percent of entertainment tax (varies from state to state) on their gross box office collections and an average of 11-12 percent of value-added tax on sale of food and beverages.

A palatable GST rate would have bought parity and removed the volatility we have faced over the years, says Bijli. He added that world over, cinemas are hardly taxed higher than single-digit rates. This helps the cinema industry in these countries to plough back the money into high quality, and globally appealing movies.

Financial Chronicle |

Indian Film industry ready for Reboot

A revenge fantasy and a female wrestling drama are smashing box office records in India and abroad, giving the country’s film industry a shot in the arm after a lackluster couple of years.

But in what could be a metaphor for the emerging economy, the industry is a powerhouse struggling to be unleashed. Despite producing more films than any other country, it’s hobbled by myriad of issues from outdated infrastructure to rampant piracy, generating a fraction of Hollywood’s income.

“Bahubali 2: The Conclusion,” has raked in more than Rs 15 billion ($230 million) at the box office since being released on April 27 and is already the most successful film in India, according to Ramesh Bala, an analyst who tracks box office collections in India. About a prince’s quest to reclaim the throne from his evil uncle, the movie is being compared to ‘300’ given its epic visual effects, a muscle-ripped star and $40 million price-tag.

At the opposite end of the film canon, Dangal, the true story of a former Olympic coach who led his daughters to win medals in wrestling at the Commonwealth Games, is topping the box office in China, according to entertainment consultancy EntGroup.

The movies come after a slow couple of years for Indian cinema. Box office revenues in India slipped 1.6 per cent last year, while the industry as a whole -- including the sale of overseas rights to Indian films -- rose only 3 per cent to Rs 142.3 billion ($2.2 billion), according to a March report from KPMG and the Federation of Indian Chambers of Commerce. That compares with an average of 7 per cent in the previous three years.

While prolific, the industry is also less productive. India produces 1,500 to 2,000 films a year and generated about $2.2 billion last year. That compares with income from about 700 films produced in the U.S. and Canada of about $11 billion in 2015, according to a report from Deloitte in September.

Meanwhile the number of Bollywood movies that generated a positive return on investment fell to 18 last year from 27 in 2014, according to KPMG-FICCI. Bollywood covers movies in Hindi largely produced in Mumbai.

Chalk it up to the issues the bedevil much of the Indian economy: poor infrastructure, low skills, a complicated tax regime and the black market.

To start, there simply isn’t enough screens. India has about 6 screens per million viewers, versus 23 per million in China and 126 per million in the U.S. according to Deloitte. And while more than 200,000 people are employed in the industry, most are trained on the job and are unprepared to handle new technologies such as virtual reality. Meanwhile, the industry losses about 190 billion rupees a year to piracy, according to Deloitte.

There is good news. Regional cinema has seen a surge of activity. Bahubali hails from southern India's Tollywood, a portmanteau of the Telugu language and Hollywood. The introduction of India’s Goods and Services Tax (GST) on July 1 will make the tax system simpler and allow filmmakers to claim a credit on the services, lowering production costs, according to Deloitte.

And apart from Bahubali, which is more good fun than high-brow cinema, film quality is improving, KPMG-FICCI said.

“Differentiated, strong, message-based quality content became the indispensable factor for the success of movies in 2016, further highlighting the fact that audiences have become more discerning in content consumption,” the report said.

Mid-Day |

FICCI sets up shop at Cannes 2017

Hungarian director Kornel Mundruczo follows up his film, White God screened in Un Certain Regard two years ago, with his competition entry, Jupiter's Moon. He turns a Syrian refugee drama into an action thriller adding elements of magic realism.

The film, mostly shot with hand-held camera is visceral as was his previous film. The film sends out one clear message, as in the case of Vanessa Redgrave's Sea Sorrow - the world, especially Europe is struggling to grapple with the looming refugee crisis.

Andrey Zvyacintsev delivers a poignant portrayal of a middle class Russian family in which the parents neither have time nor care for their young son, who yearns for love and attention.

The stark drama, beautifully shot, mostly in gloomy and stark surroundings, effectively provides a sad canvas for the entire film. Only the fruitless search for the missing boy through the jungle and urban apartments appears to continue on screen longer than necessary. India might have been left with a short film and a project in Cannes selections. But FICCI, the Federation of Chambers of Commerce and Industry, the organisers of the annual Frames in Mumbai, has decided to take a shot at facilitating B2B meetings in Cannes for Indian companies. In an initiative funded by the Services Export Promotion Council (SEPC) of the Ministry of Commerce and Industry, FICCI has set up shop in Cannes offering table space to Indian companies to meet their foreign counterparts. This is the first time India is providing such an opportunity to small and medium Indian companies in five-star surroundings.

DNA |

FM radio operators should cut advt inventory: industry players

FM radio operators need to bring down advertising inventory to at least 10-12 minutes for more listener-ship and premium, say industry players.

"The increasing ad inventory has only had an adverse impact. The biggest harm that we have done to the medium is ads. We will look to trim it as it could drive more listener-ship and premium," said Entertainment Network India (ENIL) Managing Director and Chief Executive Officer Prashant Panday at the FICCI Frames here today.

ENIL, the radio arm of Bennett, Coleman & Co which operates Radio Mirchi, is estimated to account for 35 percent of the overall radio advertising spend in the country and is looking at cutting its ad inventory.

"In all of the new stations that we have launched, whether it is the second frequency in Bengaluru, Hyderabad, or new markets in Chandigarh, Kochi or Guwahati, we have a 10 minute cap. We had an advertising cap of 22 minutes fifteen days to Diwali. We have decided to reduce it back to 18 this year," he said.

Noting that such a move could impact its revenues, he said, "We will lose revenue, but we have other ways to report growth. We will cut it down to 18 this year, 15 next year and 12 the year after that. I am sure all of us would be happy to pull it back."

Every hour of programme has some advertising inventory that needs to be sold in order to earn revenue and in case of certain stations it is estimated to be nearly 30 minutes.

"Earlier 3 lakh seconds a month was the number (ad inventory), now it has gone to 10 lakh seconds a month in some cities and some stations, which is equivalent to 35-40 minutes of prime time advertising," Panday said.

Reliance Broadcast Network CEO Tarun Katial said people don't tune into a radio station to listen to ads, so it is necessary to control advertising inventory.

The Financial Express |

As content gap narrows, have free-to-air channels become a threat to pay TV?

2016 saw a surge in FTA (free-to-air) channel launches, as broadcasters saw untapped opportunity with ratings agency BARC India starting to measure rural markets in late 2015. Amongst the most viewed genres, Hindi movies (52% viewership from rural markets), saw a plethora of channel launches including Rishtey Cineplex, Zee Anmol Cinema, Sony Wah and Star Utsav Movies. Hindi general entertainment broadcasters too laid a sharper focus on their FTA offering.

The FICCI-KPMG 2017 report Media for the Masses: The Promise Unfolds states that the ratings pushed FTA GECs in the top 10 category, and the ad rates for these channels increased by around 50-70% during 2016. In fact, FTA channels are stated to be a big revenue driver this year, as the share of advertising grows from 31% to 39%, as per industry experts. The report also mentions that subscription revenues witnessed a slow growth at 7% due to slowdown in digitisation and the resurgence of DD Free Dish as an alternative platform to pay TV.

With reports of DD Free Dish set to ramp up its capacity of channels from 100 to 250, and the content gap blurring as fresh content is now available to FTA consumers within a week or maximum a month since its airing on its pay counterpart, FTA has the potential to translate into a large advertising market in the future, albeit with risks around loss of subscription revenues. The questions here arise if viewer conversion will take a hit and if it will prove to be a threat to the pay TV model in the long term.

“A good volume of India is yet to be pay. There are several small FTA players and the opportunity for them is to capture advertising and viewership,” says Ruchir Tiwari, business head, Zee Hindi Movies Cluster. “But for larger broadcasters, FTA is a kick-start and catalyst. The short term vision is to capture eyeballs but it could be a tricky call in the long term.” Interestingly, FTA channels from Zee’s bouquet have a significant gap in the airing of content from its pay counterparts, in order to “not hamper” the pay TV model.

Achint Setia, head, corporate strategy and business development at Viacom18, recently mentioned at the FICCI Frames 2017 conference that 7% of FTA consumers are moving to pay as India adds more TV households.

FTA is thus seen by most broadcasters as a way to increase sampling through exposure, to eventually convert them into pay subscribers. But with subscription revenues not contributing more than 30-35% of a broadcaster’s revenues, the advertising model becomes important.

The industry believes that Hindi movies and general entertainment is where the conversation really lies, given its resonance and contribution to viewership, but there shouldn’t be an immediate overlap of content. Experts state that 50-60% of content today is available simultaneously on the pay and free channel, which can create an issue going ahead as the customer will not have any motivation to convert to pay. However, the overlap of audience between FTA and pay in GECs is stated to be less than 10%.

But Basabdatta Chowdhuri, national COO, Starcom India points out that although FTA channels are catering to rural markets, it does not mean that they are growing on the back of re-runs. “Channels like Sony Pal have come up in ratings on the back of latest content that was aired,” she says. Take the case of Colors, which aired the world TV premiere of Bajirao Mastani on April 23, 2016 and then telecast it on its FTA channel Rishtey Cineplex on May 8, 2016 — after a gap of just two weeks.

Well, not only content, but distribution too can face a threat from FTA channels. With DD Free Dish increasing its capacity, DTH operators state that Free Dish has seen an accelerated growth and added 10 million subscribers last year, which is more than the growth of the entire DTH industry put together. As a result, while beneficial to broadcasters, FTA can prove to be a threat to DTH ops in the long term.

“India is still 65% rural and it’s a value conscious market; FTA will have its own pool of audience but there is a surge in viewership of both free and pay channels,” states Anita Nayyar, CEO India and South Asia at Havas Media. However, the concept of windowing and differentiated strategy need to be thought out if the threat to subscription revenues has to be avoided and to ensure pay channels remain relevant too.

Business Standard |

Single screens gasp for survival in film-obsessed India

Single screens were once the ultimate film hubs: Hand-painted posters, serpentine ticket queues, affordable samosas and popcorn, and silver and golden jubilee celebrations. All this has become a rarity now -- as rare as single screen theatres themselves in one of the largest film-producing nations in the world.

With the emergence of technology, change in film content, rise in taxes and costs of safety, security and maintenance, increase in piracy, and the frills demanded by today's film-goers, the old and once gold single screens are fading into oblivion, with only a few still grappling with competition from multiplexes, miniplexes, superplexes and the likes.

Last week, the screen at the iconic Regal cinema lit up for the last time and, just three months earlier, another of the capital's landmarks, Golcha cinema, also faded to black. Emotional fans thronged Regal to catch its last day shows -- Raj Kapoor's "Sangam" and "Mera Naam Joker".

"It would have been a different story today if people were as emotional about Regal when it was functioning," Vishal Chowdhary, one of the owners of the now-closed hall, told IANS with just a trace of bitterness.

According to the FICCI-KPMG Media and Entertainment Industry Report 2017, single screens account for 70 per cent of the total screens in India, but, on average, three to four per cent of these are closing down every year. In fact, over 200 single screens closed down in West Bengal over the last three years.

Credit it to limited content and programming flexibility, low occupancy and poor revenue realisation from the food-beverages and advertising streams. Not to forget an inability to keep up with fast-evolving sound and projection technology.

One wonders what the future holds for single screens.

Kamal Gianchandani, CEO, PVR Pictures, one of the largest players in India's film exhibition market, told IANS: "There are single screens which have really maintained themselves and stayed contemporary in terms of technology. So, it won't be fair to say single screens will completely disappear.

"But clearly, those single screens which do not invest in technology and comfort, would find sustaining themselves tougher and tougher as we move forward. But there will always be space for single screens."

One of the greatest challenges that the $2 billion Indian film industry currently faces is low screen density, said to be just eight screens per one million people.

To tackle that, "more screens is the way forward -- multiplexes or single screens", Gianchandani said.

He stressed that basics like hygiene, comfort, safety and security will be increasingly important for the movie viewer visiting cinema halls. The frills, of course, come later -- and come with a ticket price to match what is offered.

At PVR, he said, the average ticket price stands at Rs 195 across India -- opposed to the "myth that ticket prices are expensive".

All that kept aside, where's the "janta cinema", asks film distributor Joginder Mahajan, who wonders where the poor man will go to watch films.

"All producers are busy making films for the multiplexes, which attracts the gentry. There are very few films for the audience that comes to single screens," Mahajan said.

Regal's Chowdhary agrees, noting that only films like "Bajrangi Bhaijaan", "Sultan" and "Dangal" managed decent business at his theatre in recent times.

"But this kind of single screen content doesn't come very often. Maybe three or four in a year. In this scenario, it is very difficult for single screens to survive. Most of the content today is designed keeping the multiplex audience in mind, and films are short. How can we have these kind of movies in a single screen theatre, because we have only four shows in a day?

"Everything is changing, so I think Regal also needs to change now," said Chowdhary, adding that the hall will reopen in times to come as a multiplex.

For old-timers, however, the charm of single screens is unforgettable.

Turning nostalgic, film historian S.M.M. Ausaja, who grew up in Kanpur and Lucknow, recounts: "The single screens had unique hand-painted hoardings of their own and usually painters were in-house. Films ran till jubilees, they weren't shunted out on a weekly basis. Popcorn and samosas were always affordable.

"The advance bookings were grand, especially for Amitabh Bachchan's films; there were police vans for support. The hero's cut-out was garlanded every day in the initial week, and the interiors of primary theatres in metros were usually colonial in decor."

Those were the times!

The Financial Express |

Digital content biz upbeat on finding feet in market

The digital content industry is confident of finding its place in the market soon, with the advertisers' rising interest in it and the Broadcast Audience Research Council planning a measuring tool for the segment.

The largely advertising-driven and free subscription based over-the-top (OTT) platform is in a nascent stage in the domestic market with a dozen or so players.

Being digital, it offers higher addressability and measurability of both the ads as well as the content.

"Digital (market) is taking baby steps now to create content for the discerning people who want original content. Give this industry a year or two and you will see a big change," Viacom18 Digital Ventures Chief Operating Officer Gaurav Gandhi said over the weekend here.

The YouTube, which is an ad-funded and user-generated OTT platform, offers video-on-demand, while Viacom18's Voot, Jio Play (from Reliance Jio), TVF Play, OZee TV, etc operate in the ad-led video-on-demand space.

Others like Hotstar, Sony Liv, Ditto TV, Viu, ErosNow operate on a 'freemium' model where some content is ad-led (free) while some is subscription-led. Netflix and Amazon Prime are subscription-led offerings.

Zulfiqar Khan, business head at ErosNow, the OTT platform of film producer and distributor Eros International, said, "As a medium, as content creators and as a platform, if we want to accelerate growth, we need to inspire the audience and wean them away from TV."

He said ErosNow is toying with the idea of creating a mainstream film for the digital audience before a theatrical release.

According to the latest FICCI-KPMG report, leading OTT video platforms like Hotstar, Voot are dependent on ad revenues, while the likes of Hotstar have a small portion as subscription income.

Out of a total revenue of Rs 186 crore in fiscal 2016, Hotstar's ad revenue contributed Rs 139 crore, while the subscription contributed only Rs 24 crore.

"The Broadcast Audience Research Council has moved into the video space. Covering digital video is not just covering pure-play digital video but it is covering TV on digital devices," the council's business head for digital, Jamie Kenney, said.

"We need to see the holistic picture whether it is a YouTube pure-play, catch-up (TV) on digital," he said.

Notably, the digital medium is fast growing globally, and India is among the fastest growing one.

The advertisers see that it has better addressability and better connect with the audience, Kenney said.

"From a research perspective, you have as much more addressability and more ability on the digital side to know which works and which doesn't," he said.

"Additional research is available on digital because it is a one-to-one with the consumer, and thus, a system where you have the ability to get better than on TV," Kenney said.

Archana Anand, business head at Z5, which is Zee Group's OTT offer, said the new medium is currently driven by urgency and genres like news and sports are doing well. The industry is awaiting the roll out of digital measurement, she said.

"The moment you bring in the digital measurement, the real divide between the traditional broadcast and digital space becomes visible," she said. "Because today every channel is worried that they are losing it to digital, and when this measurement happens, it becomes a part of them and they feel there is an ownership," Anand said.

Digital advertising is expected to grow at a CAGR of 31% to reach Rs 29,450 crore by 2021, contributing to 27.3% of the total ad pie, as per the latest FICCI- KPMG report. It currently stands at Rs 7,690 crore.

"As digital infrastructure continues to develop and data costs are driven down, digital consumption is likely to become more frequent and more mainstream," the report said.

"The resultant growth in advertising is likely to drive growth over the next five years," it added.

The Pioneer |

Digital content industry confident of finding place in mkt

The digital content industry is confident of finding its place in the market soon, with the advertisers’ rising interest in it and the Broadcast Audience Research Council planning a measuring tool for the segment.

The largely advertising driven and free subscription based over-the-top (OTT) platform is in a nascent stage in the domestic market with a dozen or so players.

Being digital, it offers higher addressability and measurability of both the ads as well as the content.

“Digital (market) is taking baby steps now to create content for the discerning people who want original content. Give this industry a year or two and you will see a big change,” Viacom18 Digital Ventures Chief Operating Officer Gaurav Gandhi said over the weekend here.

The YouTube, which is an ad-funded and user-generated OTT platform, offers video on demand, while Viacom18’s Voot, Jio Play (from Reliance Jio), TVF Play, OZee TV etc operate in the ad-led video on-demand space.

Others like Hotstar, Sony Liv, Ditto TV, Viu, ErosNow operate on a ‘freemium’ model where some content is ad-led (free) while some is subscription-led. Netflix and Amazon Prime are subscription-led offerings.

Zulfiqar Khan, business head at ErosNow, the OTT platform of film producer and distributor Eros International, said, “As a medium, as content creators and as a platforms if we want to accelerate growth, we need to inspire the audience and wean them away from TV.”

He said ErosNow is toying with the idea of creating a mainstream film for the digital audience before a theatrical release.

Meanwhile, the Broadcast Audience Research Council is planning to launch a digital measurement tool this year, measuring the ads and content viewed on the new medium.

According to a the latest FICCI-KPMG report, leading OTT video platforms like Hotstar, Voot are dependent on ad revenues, while the likes of Hotstar have a small portion as subscription income.

Out of a total revenue of Rs 186 crore in fiscal 2016, Hotstar’s ad revenue contributed Rs 139 crore, while the subscription contributed only Rs 24 crore.

“The Broadcast Audience Research Council has moved into the video space. Covering digital video is not just covering pure-play digital video but it is covering TV on digital devices,” the council’s business head for digital, Jamie Kenney, said.

“We need to see the holistic picture whether it is a YouTube pure-play, catch-up (TV) on digital,” he said. Notably, the digital medium is fast growing globally,and India is among the fastest growing one.

The advertisers see that it has better addressability and better connect with the audience, Kenney said.

“From a research perspective, you have as much more addressability and more ability on the digital side to know which works and which doesn’t,” he said.

“Additional research is available on digital because it is a one-to-one with the consumer, and thus, a system where you have the ability to get better than on TV,” Kenney said.

Archana Anand, business head at Z5, which is Zee Group’s OTT offer, said the new medium is currently driven by urgency and genres like news and sports are doing well.

The industry is awaiting the roll out of digital measurement, she said.

“The moment you bring in the digital measurement, the real divide between the traditional broadcast and digital space becomes visible,” she said.

“Because today every channel is worried that they are losing it to digital, and when this measurement happens, it becomes a part of them and they feel there is an ownership,” Anand said.

Digital advertising is expected to grow at a CAGR of 31 per cent to reach Rs 29,450 crore by 2021, contributing to 27.3 per cent of the total ad pie, as per the latest FICCI- KPMG report.

It currently stands at Rs 7,690 crore.

“As digital infrastructure continues to develop and data costs are driven down, digital consumption is likely to become more frequent and more mainstream,” the report said.

“The resultant growth in advertising is likely to drive growth over the next five years,” it added.

The Indian Express |

Struggles of Screenwriting

Even as the Indian film industry is striving to go beyond the tried-and-tested formula, according to the writer-director of Lipstick Under My Burkha Alankrita Shrivastava, there are some factors which would help it in being a truly dynamic one. “Studios have to be more supportive of unconventional content. The audience needs to be more accepting. Artists have to stop self-censoring and the Central Board of Film Certification (CBFC) has to stop snipping,” says Shrivastava, whose film about the lives and desires of four women in a small Indian town has been denied a certificate by the CBFC. She was speaking at the panel discussion “Brave Voices: Screenwriters who are Changing the Game”, on the third day of FICCI Frames, Asia’s largest business conclave for media and entertainment (M&E).

The industry today is undergoing an evolution, according to screenwriter Anjum Rajabali, but screenwriters still feel that their creative expression is being stifled. “In the ’80s and ’90s, people were happy to stick to formulaic stories. Today, a number of mainstream producers are pushing boundaries, as seen in films such as Piku, Aligarh, Dear Zindagi, Nil Battey Sannata and Kapoor & Sons,” said the writer of Raajneeti while who was moderating the panel. “It’s true that producers and studios have become more open to different kinds of stories,” he added. Sanyuktha Chawla Shaikh, the writer of Neerja, echoed that. “At the same time, however, I still have to be wary of the political scenario the film will appear in. I have to ensure that it is placed smartly and will be accepted by the audience. After all, I want people to watch the film,” she said.

Speaking about India’s tradition of censorship, Rajabali said, “This is a country with a very rich tradition of storytelling. You have complex plots and flawed characters, which people can relate to. But when this translates to cinema, they seem to disturb our culture and offend people.” Shrivastava has struggled with this issue. “I believed that I was making a story about ordinary women in Lipstick Under My Burkha, but the CBFC refused to certify the film because it was “lady-oriented”. Certification is about silencing people’s voices, particularly those of women. Facing this, I can’t lose courage and hope. If we don’t take a stand, it will lead to the death of creativity.”

The importance of taking a stand, believes Atika Chohan, who wrote Margarita With A Straw, lies in why they chose to be writers in the first place. “We chose this profession because we wanted to say something,” said Chohan. Margarita With A Straw, a film about a rebellious young woman with cerebral palsy who falls in love, faced cuts from the CBFC. “We needed to allow an emotion to come out that would have otherwise exploded. There’s a lot of wisdom in sticking to our true voice when others — whether it be producers, the CBFC, or the audience — are trying to gag it. It sends a wrong signal to apologise and back down, as some people in the film industry have done.”

According to Rucha Pathak, chief creative officer of Fox Star Studios, the bigger problem is that no one listens to the film industry. “People think the film industry is just about entertainment, and that its suppression is a small matter compared to all the other bigger issues that the country faces,” she said.

Business Standard |

Benegal clueless why new CBFC guidelines not being implemented

Filmmaker Shyam Benegal is clueless about the delay in implementation of the new guidelines for CBFC that his committee sent to the Information and Broadcasting Ministry.

Benegal headed a committee set up to take a relook at the functioning of the controversy-ridden censor board, chaired by Pahlaj Nihalani.

The panel looked holistically into the functioning of the Central Board of Film Certification (CBFC) and submitted its report to I&B Ministry last year.

On the status of the report, Benegal says, "I don't have a crystal ball so I don't know what's happening in the minds of the government. Towards the end of last year I heard some murmurings that the report is acceptable to the government.

"I telephoned the ministry to check but they said nothing official has happened yet. That is the situation which exists today. I have no idea what is happening on that front," he says.

The filmmaker feels if the government did not like the report, the authorities would have said it earlier.

However, he also says that delaying implementation of the guidelines so that people forget about the issue is "also a possibility."

He was speaking at 'Censorship Woes: Media & Entertainment's Battle against Thousands Cuts' session at the 18th edition of FICCI Frames last evening.

Asked about the ways through which the ministry can be approached to look into the guidelines immediately, Benegal says writing letters and approaching the ministers could help.

"The simplest thing would be to write letters. Somewhere you have to communicate with the ministry and find out why the ministry is not taking any position on this report. You can write to any of the ministers...They are approachable, nobody seems to have attempted that," he says.

The filmmaker says the board was deviating from it's primary job of certifying films and instead, focusing on running the scissors on the content which they didn't like.

"The job of the CBFC is to classify and certify the cinema for releasing, but not to instruct the filmmaker to make cuts. They are not here to tell the filmmakers what to show and what not to in a film," he says.

Hindustan Times |

To excel in sports, 'catch them young'

For sports to get a fillip in India, the biggest thrust must come at the grassroots level. This is a no-brainer, but you only have to see the extent of neglect at this level to understand why we still languish where we do in sports.

At a session I moderated at FICCI Frames the other day on ‘The Changing Face Of Sports in India’, all the panellists — India captain Ravi Shastri, TransStadia Managing Director Udit Sheth, owner of Telegu Titans kabbadi team Sreenivas Sreeramaneni and ESP business head Vinit Karnik — unanimously said that if India has to make any headway, we must ‘catch them young’.

“It’s about having systems,’’ Shastri argued. “If this is in place, talent spotting is that much easier and progress will have fewer hindrances.”

His contention was that every other sport in India lagged behind cricket because their national federations operated at a 30% or less efficiency level.

Sheth took it a step further. He believed that unless sport is made compulsory in schools and colleges and unless India gets a ‘national fitness backbone’, excellence will be difficult to achieve.

These are broad-based ideas that have to be diced into several components to become actionable and sustainable. As in most things, ideas come to naught if the implementation is poor.

In this context, the Maharashtra State School and Sports Education department’s decision to relax the rule for awarding marks for sports is most heartening. This had been the subject of debate for a few years and was finally cleared a little over a fortnight back. (HT carried details in the edition of March 9).

Under the old criteria, a young athlete had to win at the national level or participate in international tournaments to be eligible. Unsurprisingly, only a negligible number of students benefited from this.

Under the revised system, participating at the international level or winning a medal at the national level, will earn 25 marks. But even those who qualify for the nationals or win at the state level will get 20 marks.

How does it help? With academic pursuits becoming extraordinarily competitive and the cutthroat scramble for even fractions of percentages, school and college kids are usually dissuaded from seeing sports as worthwhile.

Marks for sport is not just an incentive for procuring admission or getting better grades (which it is), but also acknowledges sporting excellence as a commendable virtue.

And it is crucial this comes at the right age, not when passion is spent and ambition has ebbed.

Obviously the revised rule does not rule out chicanery entirely. One reason why using sport for marks was made difficult (it had existed for decades in a much easier format before being revised) was because it was being grossly misused.

Every system develops a grisly underbelly if not managed well. Like age fudging in Indian sport, marks for sports was exploited to benefit even the undeserving, which defeated the very purpose for which the rule had been put in place.

Even so, better checks and balances and creating greater consciousness about what sporting excellence means to the national psyche and national health is better than preventing the genuinely good athlete from benefiting.

However, this is only one aspect of the issue. The other, as Adille Sumariwalla, former national sprint champion and now President of the Athletics Federation of India, highlights is the quality of coaches and trainers.

“Even at the junior level, it is imperative that there are qualified people who train kids. Sports periods can’t be just for time pass. That is actually detrimental to whatever talent we have.’’

Mumbai in the 1960s and ’70s, as I remember, could boast of outstanding young sports talent.

The annual Bombay School Sports event at the Brabourne Stadium was hugely looked forward to: as much for its carnival atmosphere as for the quality of athletes, several of whom would acquire cult status.

Ditto college sports at the University Stadium adjoining the Wankhede Stadium which was also the venue where several athletics clubs would train their athletes. Now it is in virtual disuse.

There is no quick-fix solution for revitalising sports in Mumbai.

Optimum use of facilities (why can’t clubs give their grounds and facilities to schools or colleges?) is an imperative, but more so a change in mindset which sees sports as vital.

Marks for sports is an important step in that direction.

Asian Age |

Digital and TV industry can co-exist : Experts

Even as the increasing digital content viewing is perceived as a threat to the television industry, experts feel both can co-exist as the latter still continues to hold ground because of its reach. Digital has been gathering steam in the last couple of years with many domestic players and international video streaming service providers like Netflix and Amazon launching their over-the-top (OTT) services in the country.

"The big advantage that television has is its reach. Television has become what connects the dots in this country. As digital takes over, viewers would go there but they would still want to have the same shared experience on TV as well," Star India President and Head of Content Studio Gaurav Banerjee said at the FICCI Frames here today.

He said people have predicted death of various media and entertainment segments but nothing has really turned out to be true.

"Radio was supposed to die in 1950s, the film industry was over in the 70s, Doordarshan was over in the 80s. We keep foretelling these deaths but in reality it has never happened. Even in America where a lot of these changes have happened, television is still incredibly big. This continues to happen in India as well," he said.

Balaji Telefilms Joint Managing Director and Creative Director Ekta Kapoor said television continues to be a large medium and won't be marginalised by digital.

"Such a large medium, such a large voice, will it get marginalised by technology? I don't think so. Its challenges give birth to more fresher and interesting content," she said.

As per a Chrome Data Analytics and Media report around 6 per cent of the Indian urban population access over-the-top (OTT) content on a daily basis and 24 per cent on weekly basis, while noting that more than 50 per cent of the viewers still prefer TV as the first screen for viewing media contents.

According to Discovery Networks Asia-Pacific senior vice president and general manager Karan Bajaj, India is a unique market where people might look to consume long format content on television and shorter-format on digital.

He said in India people are not buying smart TVs but are buying mobile.

"In countries like the US, the UK and all developed broadcast markets, the smart TV penetration has shot through the roof. From 10-12 per cent smart TV penetration has reached 50-60 per cent in last six months," Bajaj said.

"India is the only country which has gone to mobile phones. We are not buying smart TVs but we are buying mobiles. The dynamics of this is interesting because for them smart TV is leading to a TV channel competing with an Amazon or Netflix," he said. Bajaj noted that India might end up with a scenario where TV becomes a long-form medium and mobile becomes a short-form medium and the interplay exists where both have a role to play, which is very different from any other market.

DNA |

Digital and TV industry can co-exist: Experts

Even as the increasing digital content viewing is perceived as a threat to the television industry, experts feel both can co-exist as the latter still continues to hold ground because of its reach.

Digital has been gathering steam in the last couple of years with many domestic players and international video streaming service providers like Netflix and Amazon launching their over-the-top (OTT) services in the country.

"The big advantage that television has is its reach. Television has become what connects the dots in this country. As digital takes over, viewers would go there but they would still want to have the same shared experience on TV as well," Star India President and Head of Content Studio Gaurav Banerjee said at the FICCI Frames here today.

He said people have predicted death of various media and entertainment segments but nothing has really turned out to be true.

"Radio was supposed to die in 1950s, the film industry was over in the 70s, Doordarshan was over in the 80s. We keep foretelling these deaths but in reality it has never happened. Even in America where a lot of these changes have happened, television is still incredibly big. This continues to happen in India as well," he said.

Balaji Telefilms Joint Managing Director and Creative Director Ekta Kapoor said television continues to be a large medium and won't be marginalised by digital.

"Such a large medium, such a large voice, will it get marginalised by technology, I don't think so. Its challenges give birth to more fresher and interesting content," she said.

As per a Chrome Data Analytics and media report around 6% of the Indian urban population access over-the-top (OTT) content on a daily basis and 24% on weekly basis, while noting that more than 50% of the viewers still prefer TV as the first screen for viewing media contents.

According to Discovery Networks Asia-Pacific senior vice president and general manager Karan Bajaj, India is a unique market where people might look to consume long format content on television and shorter-format on digital.

He said in India people are not buying smart TVs but are buying mobile.

"In countries like the US, the UK and all developed broadcast markets, the smart TV penetration has shot through the roof. From 10-12% smart TV penetration has reached 50-60% in last six months," Bajaj said.

"India is the only country which has gone to mobile phones. We are not buying smart TVs but we are buying mobiles.

The dynamics of this is interesting because for them smart TV is leading to a TV channel competing with an Amazon or Netflix," he said.

Bajaj noted that India might end up with a scenario where TV becomes a long-form medium and mobile becomes a short-form medium and the interplay exists where both have a role to play, which is very different from any other market.

Garhwal Post |

Indian M&E industry could collaborate with Canadian producers via co-production, co-ventures and service providers

Co-production, co-ventures and production service providers’ arrangement are the three ways for India to collaborate with Canada in the entertainment. In the production service providers’ arrangement, the Indian producers hire Canadian producers to represent them and assist in getting the tax credits, local talent and work permits in order.

This was stated by Mr. Vikas Bhalla, Chief Executive Officer, Rat Race Media Inc., at the session on ‘Canada 360’ on day two of FICCI FRAMES 2017. This session decoded the mysteries associated with co-production and provided an overview of what Canada had to offer as a co-production partner.

Mr. Bhalla said that Canada offered varied funding options for international producers. Indian producers should consider hiring crews locally in Canada as it was cost-effective and feasible, advised them to spend well on preps and suggested that Indian producers should be more inclusive and share information with them treating them as equals.

In her presentation, Ms. Valérie Boissonneault, Trade Adviser, Ministère de l’Économie, de la Science et de l’Innovation, Québec, spoke about the tax benefits that Québec offered to Indian producers. She said that for co-productions, refundable tax credit and bonuses were being provided. The industry supported close to 33,000 jobs in the sector in Québec. Mr. Jason James, President, Resonance Films Inc., said that Vancouver provided well-trained and talented crew at an affordable cost which makes it a favorable destination for film and TV series shooting.

Mr. Arjun Sablok, British Columbia Film Envoy to India, said that in British Columbia there were specialist consultants who could handle the Indian producer’s pre-production activities and budgeting. He added that British Columbia was competitive and provided great creative talent at affordable prices.

Mr. Ralph Holt, Producer, Hill100 Productions Inc., said that it was beneficial to hire the local crew as their local knowledge could be of great value in times of crisis. The local producers could act as an interface between the local authorities and the visiting teams. He added that sharing of scripts and knowledge was needed across the board for better cooperation.

Mr. Jonathan Ahee, President, Nabet 700-M Unifor, said that that the Canadian workforce was talented and the systems offered flexibility to Indian producers. He added that trust was much needed in co-productions and a comfort level had to be derived while working together. Mr. Ahee said that his visit to India was a great learning experience which he would be carrying back to his country.

The session moderator Mr. Stéphane Cardin, VP Industry and Public Affairs, Canada Media Fund (CMF), said that a co-development fund had been set up with partner agencies and companies. He added that CMF was open at looking at potential arrangements with India to identify partners for such funds.

Later at a session on ‘Canadian work permit /visa information’, Ms. Maude Brais, Vice Consul (Immigration), Consulate General of Canada in Bengaluru, in her presentation, provided an overview of the pre-production activities in Canada, short-term commercial shoot, International Mobility Program (IMP): Co-production, International Mobility Program: Canadian interests – Television and film production workers and Temporary Foreign Worker Program. She provided a step-by-step guide for employers to follow before a foreign national can obtain an employer-specific work permit.

Ms. Brais said that if a film producer or director wishes to go to Canada to scout for locations, hire staff and meet with Canadian partners then he or she can do so without a work permit. She added that one needed to apply for a business Temporary Resident Visa (TRV) and provide supporting documents explaining the purpose of travel and demonstrating that the basic entry requirements are met.

Garhwal Post |

'The Hungry' is a rare example of Indo-UK co-production in 2017, the Indo-UK Year of Culture

In what is being described as a rare example of an Indo-UK coproduction in 2017, the Indo-UK Year of Culture, Cinestaan Film Company and Film London’s have teamed up to produce ‘The Hungry’. The film, which is a contemporary retelling of Shakespearian tragedy ‘Titus Andronicus’, is set in the extravagant surroundings of an Indian wedding whilst exploring the role of the patriarch and corruption in Indian politics and big business.

At the session on ‘Indo-UK Year of Culture’, on Day – II of FICCI FRAMES 2017, the principal figures behind this Indo-UK co-production – Mr. Rohit Khattar, Film Producer & Chairman, Cinestaan Film Company, Mr. Adrian Wootton, CEO, Brtish Film Commission and Film London and Ms. Deborah Sathe, Director International Operations, Cinestaan Film Company – got together to share with the audience what it took to getting the film started in terms of the financing requirements.

The production is financed 50:50 by CINESTAAN Film Company and an Seed Enterprise Investment Scheme (SEIS) run by Bob & Co, with investment from Executive Producers Declan Reddington, Orion Lee of Constellation Creatives, and Ben Bond of Bad Owl Films, the newly formed features arm of Hoot Entertainment.

The promoters hope that the production of ‘The Hungry’ will inspire other story tellers and producers to do more Indo-UK co-production projects.

The British Council has expressed its delight at having played its part in bringing a brand-new version of a classic Shakespeare play to life in such an original and exciting film, developed in a unique collaboration between outstanding Indian and UK talent.

Business Standard |

Digital looks to walk the numbers talk

Even as media companies in India grapple with the dynamics of entertainment and its monetisation on the digital platform, consensus emerged on the need for a common currency to measure digital viewership. Discussing the topic of ‘Chasing viewership in the digital paradigm’, on the second day of the ongoing FICCI-Frames convention on media and entertainment, experts from the industry agreed that as consumption habits evolve, a common currency to measure the changing habits, is the need of the hour.

The number of internet-enabled mobile phones crossed 300 million in 2016 and is expected to touch 700 million in 2021. Mobile devices penetration in India is growing and they are the primary device for meeting consumers’ digital needs, says the report. The over-the-top (OTT) players are keen to get a good grip on the number of people logging in and what they are watching to provide advertisers with better choices and viewers with more of what they want.

Jamie Kenny, head of business – digital at the Broadcast Audience Research Council of India (BARC) said that they will roll out their digital measurement tools this year. This would also help assess the shift in viewership patterns form TV to digital. “Right now, there is absolutely no way to say for sure whether the digital viewership is incremental or it is eating into the TV’s share. By next year, hopefully, we’ll see the roll-out of TV+digital viewership, which will give a better picture about who is viewing what and on what platform,” he added.

While TV is growing, the media and entertainment report released yesterday says that with data penetration improving, the small screen or the personal device has become a genuine entertainment device. “For example, 20 million people accessed Euro 2016 (football) on the mobile last year,” said Uday Sodhi, EVP and business head – digital, Sony Pictures Network India. Adding to this, Archana Anand, head of digital and OTT business at Zee Digital Convergence said that according to data gathered by Ditto, “It is not only college students who don’t stay at home or don’t have access to TV sets that are watching online. Even young couples, who are setting up their homes, prefer consuming content via Ditto, rather than invest in a TV set,” she says.

However advertisers and brands are not just interested in what devices people are watching on, but also what they watch and when. This is what an independent agency is expected to do said all players. Besides the data would be credible only if an external agency reported and measured it for easy reference.

OTT players are looking for such measurement systems also to help track popular shows and take a more informed approach towards pricing their content. At present, the industry is experimenting with a mix of pricing and ad-driven models. With the entry of Netflix in India year, the industry saw the first major move towards the paid model. However Hotstar, SonyLIV and Eros Now have taken the hybrid model route, where some of the content is available for free (with ads) and premium content is behind a paywall. Others like VOOT preferred to leverage the content library of the network, and go with a fully ad-supported model.

Advertisers have been flocking in but at the same time are asking for better proof of the bang for their buck. Gaurav Gandhi, COO, Viacom18 Digital Ventures explains that it is not as if the industry is short on data. In fact he feels the problem is an abundance of data not lack of it. “A common currency for digital measurement will just make lives easier for everyone and provide credibility to the data. We know exactly who is consuming what on VOOT how. Data absence is definitely not the issue,” he says.

Once digital is measured, many believe it will put to rest the continuing debate over subscription led vs advertising led content platforms. Zulfikar Khan, business head Eros Now and chief revenue officer at Eros Group feels that in order to invest in content, companies need to make money off subscription. “How long can we depend on advertising revenues? Digital gives us the means to produce content targeted to specific groups of the audience. It makes life much easier. But to make such content, investments are needed and unless the subscription model is in place, there is little room to hedge investments against content consumption,” he explained.

Gandhi added that with the improvement in digital payment methods, data getting cheaper and creation of exclusive content for digital media houses now have the liberty to experiment with models. The one shoe fits all strategy, that seemed to work for TV, will not work here since each network will have the opportunity to explore options from fully ad-supported models to hybrid models and fully subscription led businesses.

The Indian Express |

Women in Action

Films such as Dangal, Dear Zindagi, Pink, Kahaani 2, and Neerja gave women a voice in Hindi films. Moving away from love triangles and family feuds, script writers and directors are now engaging with better stories. But it’s a long road to becoming a gender-neutral industry.

It’s these ideas that panelists explored at the FICCI Frames Convention on Tuesday in Mumbai. At one of Asia’s largest business conclaves for media and entertainment (M & E), the topic “The Woman is The Big Story — Breaking the Glass Ceiling of Misogyny in Indian M & E” had director Imtiaz Ali as the moderator. Panelists included author Geraldine Forbes; actors Tannishtha Chatterjee and Richa Chadha; actor and former National Secretary, BJP, and Member CBFC, Vani Tripathi Tikoo; COO Viacom18 Motion Pictures, Ajit Andhare; and COO BTVi, Monica Tata. The three-day convention, which ends today, has leaders from M&E talking about censorship, digital entertainment, cross-cultural collaborations, National IPR policy, and the grammar of TV.

“The dominant narrative of women will only change through pop culture,” said Chatterjee. “It’s not about telling a boy or a girl how to behave, but rather about effortless storytelling that allows people to accept characters equally effortlessly.” Chatterjee gave the example of Sairat, a movie that did not have stereotypical representations of gender. “People fell in love with Sairat and its characters,” she said.

Andhare spoke of how his company believed early on that heroism could come from a hero as well as a heroine. However, he confessed he faced difficulties in selling films that have strong female protagonists. “If I’m talking to a distributor who is sitting in the heartland of UP, a film with a male lead is a much easier sell than one with a female lead. But I do see this bias slowly starting to chip away.”

Tikoo noted that one of the biggest mistakes in discussion around women is that men are kept out. “We need to collaborate with men,” she said. “After all, they control the politics.”

FICCI Frames closes today with Ronnie Screwvala, Founder Trustee, Swades Foundation, Unilazer Ventures and Raghav Bahl, Founder, Quintillion Media Pvt Ltd, in discussion with Sudhanshu Vats, CEO, Viacom 18, about the road ahead for M & E, which needs to be mapped with caution and wisdom.

The Indian Express |

Laws dictating censorship need to be within constitutional limits, says filmmaker Shyam Benegal

During the panel discussion titled ‘Censorship Woes: M&E’s Battle Against a Thousand Cuts’ on the second day of annual FICCI Frames, veteran filmmaker Shyam Benegal made it clear that no matter what people believed, the laws dictating censorship had to lie within constitutional limits. “Freedom goes only as far as to not impinge upon another person’s freedom. In a country as large and diverse as India, you can’t have a situation in which everything is allowed. There are bound to be different kinds of things that are not acceptable to one group or another. We just have to find the golden mean,” he said.

Last year, Benegal headed a committee that attempted to lay down norms for film certification in India. The Ministry of Information and Broadcasting, however, is yet implement its report. The Shyam Benegal Committee, which consisted of members like Kamal Haasan, filmmaker Rakeysh Omprakash Mehra and ad-man Piyush Pandey among others, in its report talks about a holistic approach towards the certification of films and incorporates creative and artistic freedom. Benegal talked about his committee’s recommendations at FICCI Frames, which is Asia’s largest business conclave for media and entertainment (M&E), while director Anupam Sharma, secretary general of the Broadcasting Content Complaints Council Ashish Sinha, and director Vishesh Bhatt discussed the ways censorship guidelines affect their work.

“The issue of censorship has been going on since 1956,” said Bhatt. “It seems that this conversation doesn’t move forward. Meanwhile, we’re being told to be more ‘quiet’ when our bread and butter is artistic expression. In the interim between Benegal’s guidelines being implemented as law, we are the ones who are suffering.” According to Sharma, the problem doesn’t only lie with the implementation. “Even if the guidelines are implemented, what will their execution be?,” he asked. “Even now, the Central Board of Film Certification (CBFC) makes cuts indiscriminately.”

An even bigger hurdle might lie with the people’s expectations. “Most people don’t understand the importance of cultural expression. Censorship is just a by-product of that,” said Bhatt. “We’re just preaching to the choir,” said Sharma. “Where are the CBFC representatives here?” Comedian Tanmay Bhat, who was moderating the panel, suggested that a more dramatic gesture by filmmakers was needed to break the impasse.

On the first day of FICCI Frames, Uday Shankar, STAR India Chairman and CEO who is also the chairman of FICCI’s Media & Entertainment Committee, had said that even as India was celebrating rapid growth, he perceived censorship as a “disturbing trend”. He also added that it posed an impediment for the growth of creative talent in the country.

Business Standard |

Media & entertainment hits the slow lane

According to the FICCI-KPMG Media and Entertainment Report 2017, the media and entertainment (M&E) industry grew at 9.1 per cent in 2016, to reach Rs. 1,26,210 crore. This marks a 4 per cent drop from the growth projections made last year (Rs. 1,31,500 crore). It is also slower than the 12.8 per cent the industry clocked in 2015.

One of the big reasons for the slowdown is demonetisation that adversely impacted the sector’s performance in Q3 and Q4 of calendar 2016, especially advertising revenue. The report says that demonetisation had a negative impact on ad revenues in TV to the extent of 2 per cent, on print (1-1.5 per cent), films (5 per cent) and radio (2-3 per cent). However it said that the impact is likely to be short lived and normalcy will return by Q2 2017.

The fastest growing sector continued to be digital where ad spends rose by 28 per cent. Growth is on a smaller base, but it reflects the rapid adoption of digital innovations among advertisers and brands in all categories. Films grew the slowest, merely 3 per cent followed by print (7 per cent) and television (8.5 per cent). Animation and VFX, radio, music and gaming all clocked double digit growth. Digital advertising accounted for 15 per cent share in the overall advertising revenues in 2016. Advertisers see a continuing shift in consumption towards digital media with increasing internet penetration, falling prices of mobile devices and lower data costs.

Radio has been the surprise package, registering 14.6 per cent growth but it is still a small player with its size estimated at Rs. 2,270 crore. Girish Menon, director (M&E) KPMG in India says, “Radio is being recognised for the local presence it enjoys. It also provides a cost effective medium for communication. The medium is set to be the fastest growing among traditional media.”

It was a poor year for the television industry that is estimated at Rs. 5,88,30 crore in 2016.

Ad revenues grew 11 per cent but, it was significantly lower than the 17 per cent in 2015. The report believes that the numbers are an aberration as they have been impacted by a temporary drop in consumption and demonetisation on the one hand and the ongoing viewership measurement recalibration by Broadcast Association Research Council (BARC) data on the other. According to the report, “Ad revenues across television, print and radio suffered while the attendance at cinema halls, particularly single screens, and live events, was also impacted.” The industry could take a few more hits with GST rollout in the second half of the year as broadcasters and advertisers will take a while to figure out business models in the new tax regime the report says, but adds that this is a temporary hurdle.

Print revenue growth rates slipped further, clocking 7 per cent growth (Rs, 3,03,30 crore) in 2016. However, while English language newspapers continued to be under pressure regional language newspapers showed strong growth, but even they were adversely impacted by demonetisation.

The worst off however was the film industry. It saw a drop in core revenue streams of domestic theatricals and satellite (C&S) rights, on the back of poor box office performance of Bollywood and Tamil films. “In 2015, there were many more films that collected Rs. 5070 crore and thus added to the overall box office. In 2016, this consistency was missing. Hollywood had an exceptionally good year thanks to The Jungle Book. It is taking up the share that Bollywood is losing, while regional films are helping expand the market,” says Menon.

The Hindu Business Line |

Media and entertainment industry sustains growth, says report

The Indian media and entertainment industry in 2016 was able to sustain a healthy growth on the back of strong economic fundamentals and steady growth in domestic consumption coupled with growing contribution of rural markets across key segments.

These factors aided the industry to grow at 9.1 per cent on the back of advertising growth of 11.2 per cent, despite demonetisation shaving off 150 to 250 basis points in terms of growth across all sub-segments at the end of the year.

Ad revenues

The ‘FICCI - KPMG Media & Entertainment Industry Report 2017’ was launched here today.

Compared to 2016, the industry is projected to grow at a faster pace of 14 per cent over the period of 2017-21, with advertising revenues expected to increase at a CAGR of 15.3 per cent.

The year 2017 is likely to witness a marginally slower rate of 13.1 per cent as the economy recovers from the lingering effects of demonetisation and initial uncertainties arising from GST implementation.

Digitisation drive

Uday Shankar, Chairman, FICCI M&E Committee and Chairman & CEO of Star India, said, “The industry has gulped down the bitter pill of demonetisation trusting its long-term benefits and yet is set to bounce back to a steady growth, thanks to strong fundamentals. Building solid infrastructure and continued government support will help the industry reach the tremendous potential it holds for employment and creating socio-economic value for the country. A commitment towards a quick transition to digitisation will ensure growth for all stakeholders.”

Girish Menon, Director, Media and Entertainment, KPMG in India, stated, “2016 was a mixed bag for the industry with digital media making its way to the centre stage rapidly from being just an additional medium. It is compelling existing players to rethink their business models. The long-term factors driving the future growth are expected to remain positive, with growing rural demand, increasing digital access and consumption, and the expected culmination of the digitisation process of television distribution over the next two to three years.”

TV industry growth

According to the report, the TV industry clocked a slower growth in 2016 at 8.5 per cent, attributed to tepid growth of 7 per cent in subscription revenues and a lower than estimated 11 per cent growth in advertising revenues.

A key theme in 2016 was the emergence of FTA channels as a key focus area following the expansion in rural measurement by BARC and the resultant increased interest by both broadcasters and advertisers.

Additionally, strong performance of sports properties and increased spending for the launch of 4G by telecom operators helped alleviate some of the pressure.

The industry is expected to grow at a CAGR of 14.7 per cent over the next five years with advertising and subscription revenues projected to grow at 14.4 per cent and 14.8 per cent, respectively.

Print, on the other hand, continued to witness a slowdown at seven per cent in 2016, as English newspapers remained under pressure. Regional language papers demonstrated strong growth, but were adversely affected by demonetisation given their high dependence on local advertisers. Print is expected to grow at 7.3 per cent, largely driven by continued growth in readership in local language markets and advertisers’ confidence in the medium, especially in the tier II and tier-III cities. Rise in digital content consumption poses a long-term risk to the industry.

Films, digital advertising

Films grew at a crawling pace of 3 per cent in 2016. The segment was impacted by decline in core revenue streams of domestic theatricals and satellite rights, augmented by poor box office performance of Bollywood and Tamil films.

Continuing to ride on a high growth trajectory with a 28 per cent growth in 2016, digital advertising has captured 15 per cent share in the overall advertising revenues.

The Hindu |

For the first time, TV matches print in advertisement revenue

As revenue growth from ads slowed in the English language print media, television caught up with print in terms of ad revenue for the first time, according to a FICCI-KPMG report.

Television revenue from advertisement jumped 11% in 2016 to ₹ 20,120 crore, which is almost equal to that of print which was at ₹ 20,130 crore, after a growth of 6.3%. Overall revenue of TV was pegged at ₹ 58,830 crore in 2016, which is a growth of 8.3%, while print grew 7% to ₹ 30,330 crore.

“Print revenue growth rates continued to register a slowdown, clocking a 7% growth in 2016 as English language newspapers continued to be under pressure,” according to the report. Regional language newspapers continued to perform well.

TV witnessed slower growth in 2016 in terms of overall revenue, primarily due to lacklustre subscription revenues and a “speed bump” in advertisement revenue growth.

“Though the advertisement revenue growth at 11% was steady, it was lower than last year’s estimates primarily due to slower than expected domestic consumption, Broadcast Association Research Council (BARC) data recalibration and impact of demonetisation,” according to the report.

“2016 was a mixed bag for the industry with digital media making its way to the centre stage rapidly from being just an additional medium,” said Girish Menon, Director, Media and Entertainment, KPMG in India. “It is compelling existing players to rethink their business models.”

Rural markets

It stated that the overall Indian media and entertainment industry in 2016 was able to sustain a healthy growth on the back of strong economic fundamentals and steady growth in domestic consumption coupled with growing contribution of rural markets across key segments.

All these factors aided the industry to grow at 9.1% on the back of advertising growth of 11.2%, despite demonetisation shaving off 150 to 250 basis points in terms of growth across all sub-segments at the end of the year.

Digital advertising continued its high growth trajectory with a 28% growth in 2016 to reach 15% share in the overall advertising revenues, though there was a marginal impact due to demonetisation.

The Hindu |

Star India CEO slams Censor Board

The Central Board of Film Certification (CBFC) came under heavy criticism at the annual FICCI Frames event here from Star India chairman and CEO Uday Shankar, who said the board was becoming more and more conservative.

“As the world gets bolder, our censor authorities seem to be getting more and more conservative. Even a word like ‘saali’ has to be silenced in a film,” said Mr. Shankar, who is also the chairman of the FICCI Media & Entertainment Committee.

The producers of Jolly LLB 2, he said, were asked to screen the movie for a group of lawyers and medical professionals, who were asked to decide if certain scenes were appropriate and also ensure no professions or institutions had been insulted. “This was despite the fact that the movie had been certified for universal release by the censor board.”

Women’s issues are still a no-go area, he added. “And of course don’t go anywhere near discussions of women’s issues — let alone female sexuality.”

millenniumpost |

Media & entertainment to grow at 14%: FICCI-KPMG

The Indian media and entertainment industry in 2016 was able to sustain a healthy growth on the back of strong economic fundamentals and steady growth in domestic consumption coupled with growing contribution of rural markets across key segments. These factors aided the industry to grow at 9.1 per cent on the back of advertising growth of 11.2 per cent, despite demonetisation shaving off 150 to 250 basis points in terms of growth across all sub-segments at the end of the year, said an FICCI - KPMG Media and Entertainment Industry Report 2017 launched on Tuesday at FICCI Frames 2017 in Mumbai.


The big story in 2016 has been the evolution of FTA channels post expansion of rural measurement in the television segment coupled with the impact of the 4G rollout and the resulting price wars. Both these factors have resulted in media consumption penetrating deeper into India, resulting in a realignment of strategy by media companies and advertisers alike, it said. Compared to 2016, the industry is projected to grow at a faster pace of 14 per cent over the period of 2017-21, with advertising revenues expected to increase at a CAGR of 15.3 per cent. The year 2017 is likely to witness a marginally slower rate of 13.1 per cent as the economy recovers from the lingering effects of demonetisation and initial uncertainties arising from GST implementation.

Commenting on the industry's performance and way forward, Uday Shankar, Chairman, FICCI M&E Committee and Chairman & CEO of Star India, said, "The industry has gulped down the bitter pill of demonetisation trusting its long-term benefits and yet is set to bounce back to a steady growth, thanks to strong fundamentals. Building solid infrastructure and continued government support will help the industry reach the tremendous potential it holds for employment and creating socio-economic value for the country. A commitment towards a quick transition to digitisation will ensure growth for all stakeholders."

Girish Menon, Director, Media and Entertainment, KPMG in India, stated, "2016 was a mixed bag for the industry with digital media making its way to the centre stage rapidly from being just an additional medium. It is compelling existing players to rethink their business models. To accelerate growth, M&E organisations must rebuild their strategies to fit and thrive in the changing, digitally-oriented landscape. Nimbleness and flexibility will be at the core of sustainable businesses."

millenniumpost |

Benegal panel recommends abolishment of censorship: Rakeysh Omprakash Mehra

Filmmaker Rakeysh Omprakash Mehra said the report submitted to the Information and Broadcasting ministry by Shyam Benegal committee, which was formed to solve the censorship issue, assures that freedom of expression will be "preserved".

The panel was set up to take a re-look at the functioning of Central Board of Film Certification, headed by Pahlaj Nihalani. It includes actor-filmmaker Kamal Haasan, Mehra, adman Piyush Pandey and film scribe Bhawana Somayaa, among others.

"What we (the committee) recommended is the immediate abolishment of censorship. There is complete clarity, there are no ifs and buts, there cannot be a scissor anymore in this great country. We need to preserve the freedom of expression," Mehra said at the inaugural session of the 18th edition of FICCI Frames.

"The recommendation is introduced based on age but no censorship," the filmmaker added.

The Shyam Benegal-headed committee constituted by the I&B ministry had submitted its report last year. Mehra said it is time the country gets rid of "censorship".

"Someone asked me what are the issues in front of you. I said we have no issues whatsoever, we have opportunities. I look at abolishing censorship as an opportunity, not as an issue. We have to do it, this generation will have to. Let's give it the next three years and see where we get," Mehra said.

The filmmaker, who has helmed critically acclaimed films like "Rang De Basanti" and "Bhaag Milkha Bhaag," also stressed on the importance of building theatres and cultural centres. Mehra said he at times he finds piracy "good" as it enables people to see the content that is otherwise censored.

The Economic Times |

'Media & Entertainment Industry to Grow at a Faster Clip in Five Years'

India's media and entertainment (M&E) industry may grow at a faster clip of 13.9% CAGR to touch Rs. 2.4 lakh crore during the calendar years 2016-21 while advertising revenue may post a CAGR of 15.3%, according to a FICCI-KPMG report.

The report, titled `Media for the Masses: The Promise Unfolds', was released in Mumbai on Tuesday at the ongoing FICCI Frames global convention.

The report termed 2016 a mixed bag for the M&E industry in India.It said while the digital ecosystem penetrated further into the citizens' day-to-day lives and opened up new avenues of consumption and revenue, demonetisation shaved off 150 to 250 basis points in terms of growth across all sub-segments at the end of the year.

“Digital media is compelling existing players to rethink their business models,“ said Girish Menon, director-media and entertainment at KPMG in India. “To accelerate growth, M&E organisations must rebuild their strategies to fit and thrive in the changing, digitally oriented landscape. Nimbleness and flexibility will be at the core of sustainable businesses.“

Television experienced slower growth due to a lacklustre year for subscription revenues, which have faced headwinds owing to continued challenges around digitisation and its intended benefits flowing through the value chain.

Print continued to experience a slowdown in growth with English language newspapers remaining under pressure owing to rising users' interest in digital content.Films, too, had a disappointing year with a near flat performance.

But led by digital, some of the traditionally smaller sub-segments of the industry registered impressive growth in 2016, on the back of rising internet and broadband penetration and declining data charges, which fuelled data consumption.

Digital also positively impacted sub-segments, such as gaming and music, which, too, registered impressive growth.

LOOKING INTO THE FUTURE

Television: The report projects television grow at a CAGR of 14.7% over the next five years as both advertisement and subscription revenues are projected grow at 14.4% and 14.8%, respectively.

Print: Projected to grow at 7.3%, largely on the back of continued readership growth in vernacular markets and advertisers' confidence in the medium, especially in the tier-II and tier-III cities.

Digital advertising: Expected to grow at a CAGR of 31% to reach Rs. 29,450 crore by 2021, contributing Rs. 27.3% to the total advertising revenues by that point.

Radio: Expected to grow the fastest among the traditional sectors at a CAGR of 16.1%, with operationalisation of new stations in both existing and new cities, introduction of new genres and radio transitioning into a reach medium.

Business Standard |

Industry raises alarm over censorship

Star India Chairman and Chief Executive Officer (CEO) Uday Shankar, also the chairman of FICCI’s media & entertainment committee, set the tone for the first day of the annual FICCI Frames conference, when he brought up the issue of censorship and the impediment it poses for the growth of creative talent in the country.

Addressing the audience during the inaugural session of the media conference, Shankar said while India was celebrating rapid growth, he saw censorship as a “disturbing trend”.

“I am concerned if the Indian creative mind is in a position to respond to the pace of technological change with an equally rapid evolution in its creativity. The key reason for this is of course the censorship that we all have to put up with. As the world gets bolder, our censor authorities seem to be getting more and more conservative,” he said.

The Central Board for Film Certification (CBFC) has been on an overdrive over the past couple of years, with filmmakers being asked to make multiple cuts in their films. The most prominent was the controversy stirred while clearing Udta Punjab last year, where the alterations amounted to as many as 80-plus cuts. The film was finally released with fewer cuts than demanded, but made the exhibition and distribution sector, jittery since the fate of the film, was in peril. With such instances increasing, studios and producers end up losing money, which in turn impacts growth across multiple sub-sectors of the industry.

He added that it was not only the CBFC, but also different sections of the society who seemed to have taken it upon themselves to be moral custodians. “In my view, the board generally reflects the dominant consensus of our society and there are increasingly more bodies, mostly self-appointed, who have taken upon themselves the task of censoring media content.”

The fear of a run-in with the CBFC, or worse, violence from fringe outfits like the one on the sets of Sanjay Leela Bhansali’s Padmavati recently, has been prompting creative talent to self-censor, a major hindrance in the growth of the TV and film content industry.

Adding to Shankar’s observation, Colors CEO Raj Nayak said, “Firstly, one needs to clarify whether it is the certification board or the censor board. In case of the former, the instance of not clearing a film from release does not arise since all the board has to do is certify a film, meaning it will tell what audience the film is suitable for.”

Also present at the conference was Information and Broadcasting Ministry Secretary Ajay Mittal, who said that while creative freedom was paramount and provided through Article 19 of the Constitution, this freedom was not absolute and came with certain restrictions.

The Assam Tribune |

Media, entertainment industry to grow at 14% in next 5 yrs: Report

The Indian media and entertainment sector is expected to grow at 14 per cent in the next five years but it will be slower in 2017 due to demonetisation and GST related uncertainties, according to a FICCI-KPMG report.

Advertising revenue of the industry is anticipated to increase at a CAGR of 15.3 per cent in the next five years, said the joint report by FICCI and KPMG.

The Media and Entertainment Industry Report 2017 said the industry grew at 9.1 per cent last year "despite demonetisation shaving off 150-250 basis points in terms of growth across all sub-segments".

The digital advertising industry is projected to be around Rs 29,450 crore by 2021 growing at a CAGR of 31 per cent, contributing 27.3 per cent to the total advertising revenues, the report said.

"The long-term factors driving the future growth are expected to remain positive, with growing rural demand, increasing digital access and consumption, and the expected culmination of the digitisation process of television distribution over the next two to three years," KPMG Media and Entertainment Director in India Girish Menon said.

FICCI M&E Committee Chairman Uday Shankar said building solid infrastructure and continued government support will help the industry reach the tremendous potential it holds for employment and creating socio-economic value for the country.

The television medium is expected to grow at a CAGR of 14.7 per cent over the next five years as advertising revenues will continue to show a robust growth due to strong economic fundamentals, it added.

Deccan Herald |

'Indian media,entertainment sector now at Rs 1.26 lakh cr'

Demonetisation shaved off 150 to 250 basis points in terms of growth across all sub segments of the media and entertainment (M&E) industry at the of 2016, according to a report.

The Indian M&E industry grew at 9.1% to Rs 1,26,210 crore on the back of advertising growth of 11.2%. This was aided by strong fundamentals and a steady growth in consumption, according to the FICCI-KPMG Media and Entertainment Report 2017.

While the TV industry grew 8.5% to Rs 58,830 crore, print media industry grew 7% to Rs 30,330 crore in 2016. Revenues from the digital advertising segment grew 28% to Rs 7,690 crore, while the animation and VFX segment saw 16.4% growth to Rs 5,950 crore.

Deccan Herald |

I&B secretary promises stringent IPR regime

Information and Broadcasting secretary Ajay Mittal on Tuesday said the government is pushing for a stringent Intellectual Property Rights (IPRs) regime to protect the interest of the media and entertainment industry.

“At the core of the health of this industry lies the ability to protect intellectual property (IP) both for the content creator and distributor, who look to monetise content. We continue to push towards ensuring that IP laws are implemented and guard the industry against piracy,” Mittal said at the FICCI Frames here.

He said the ministry is in talks with the Department of Industrial Policy and Promotion (DIPP) on the implementation of a new national IPR policy and will be constituting of a copyright board to introduce policy measures for this.

Mittal further said the government is also seriously considering the issues raised by the industry regarding censorship.

“We have already received a report by a committee chaired by Shyam Benegal about the working of the CBFC," he said.

Business Standard |

Want film, TV to be India's dominant cultural ambassadors: Siddharth Roy Kapur

As President of the Film and Television Producers Guild of India, Siddharth Roy Kapur envisions the film and television industry to become the strongest cultural ambassador of India to the world. And he hopes for government support in the endeavour.

"My vision is for the film and television industry to achieve its full potential as the predominant cultural ambassador of the country to the world. If we can work together with the government to provide incentives and reduce road blocks to this sector, it has the potential to become a huge asset in our quest to make this century 'the Indian century'," Kapur told IANS over email.

"I do believe that with more sustained dialogue and engagement with the government, this can become a reality. If in my tenure as President of the Guild, I can make some significant strides towards achieving this, that would be very satisfying," he added.

Last month, the guild officials spoke of rallying for a lower GST rate of five per cent to make the film industry more lucrative in terms of investment in infrastructure and technology.

Kapur, who took over as the Guild's President from producer Mukesh Bhatt, feels government support will go a long way in helping the entertainment industry.

"It is essential for the government to support the film sector across a multitude of areas, as it represents the soft power of the country, with immense potential to sell the India story around the world," he said.

"We have a prolific local industry, despite which we are one of the most under-screened markets in the world. Just as China has done, it is crucial for our government to look into providing incentives to the exhibition sector, which will help it open screens in markets that are at present under-served," he added.

That, of course, is the need of the hour, as figures tell.

According to the KPMG-FICCI Indian Media and Entertainment Industry Report 2016, the screen penetration at India stands at six per million versus 23 per million in China and 126 per million in the US.

The report says there is a need to have at least 20,000 screens in order to do justice to all the films that are being produced in the country.

Besides this, Kapur feels the government could have focused on the film sector in the Union Budget this year.

"The budget has not detailed any clear-cut plans for the growth and development of the film sector, which was much awaited and long overdue. The film industry is relieved that service tax has not been increased for the interim period because of the introduction of GST in the coming financial year."

"We are hoping for the film sector to be taxed fairly under GST," said the former Managing Director of the Walt Disney Company India, and added that it is a good step that the government is looking into tighter cyber security.

"Security and protection of intellectual property and stringent laws on piracy are imperative. The exchequer and the industry are losing out on revenues because of rampant digital and physical piracy," said Kapur, who is married to actress Vidya Balan.

live mint |

Film and television industry lobbies for lower GST rate

On behalf of the Indian film fraternity, the Film and Television Producers Guild of India has argued for a GST (goods and services tax) rate of 5% for making the film industry more lucrative as a business to invest in. Over the years, film business has suffered due to multiple and indirect taxes levied at various stages of film production and exhibition. Under GST, on the other hand, taxable goods and services would not be distinguished from one another and taxed at a single rate by a sole authority in a supply chain till they reach the consumer. The Guild believes 5% is an adequate benchmark.

“Currently, the weighted average tax on Rs 100 for a movie is actually just Rs 7. Anything more than a 5% rate would be damaging to the industry because that would be more than the 7% that we’re at,” said Siddharth Roy Kapur, president of the Film and Television Producers Guild of India.

Kapur emphasized that the need is to develop the Indian film industry as a soft power and present it to the world as a unique cinematic culture that has preserved itself and grown despite the inroads Hollywood has made into the market, a feat not many countries around the world can boast of.

To be sure though, there are more than a couple of trends currently pointing to the deteriorating health of the film business. Despite a detailed analysis of the pressing issues faced by the industry sent to the government, cinema found no mention in the Union Budget that came out earlier this month. Compared to 146 crore admissions in 2009, footfalls in cinema theatres fell to 118 crore in 2016 despite a growing population. On 12 January, 2017, Mint reported that box office collections in India had fallen by 10-15% in 2016 as compared to 2015.

Recorded screen density is abysmal, according to the KPMG-FICCI report of 2016, India has more than 8,000 screens (including over 2,000 multiplex screens) with a screen density of six per million people, compared to 23 per million in China and 126 per million in the US. The crisis is further aggravated with the common man increasingly succumbing to piracy, several big-ticket 2016 releases including Dangal, Fan, Sultan, Airlift and Udta Punjab having fallen prey to it. Apart from top-level talent in the industry, actors and directors, everyone else in the value chain, from the studios to the producers to the distributors to the exhibitors, has had a tough year, Kapur admitted.

“Obviously there is tremendous opportunity (for the film industry) to grow,” Kapur said, adding that communicating the 5% rate as the benchmark to the government was an important goal. “But that growth will only happen if we get support in terms of regulation as well as taxation.”

live mint |

Music streaming apps turn to podcasts, video content to supplement revenue

Last month, music streaming service Gaana partnered with Radio Mirchi 98.3 FM to offer two of the latter’s famous radio shows, Mirchi Murga and Hansi ke Phuwarey, on its online platform. Radio Mirchi is the FM service operated by Bennett, Coleman & Co. Ltd (BCCL)-owned radio broadcasting unit Entertainment Network India Ltd. BCCL also owns Gaana through Times Internet Ltd.

Music label Saregama Ltd, which runs music apps Saregama Classical, a classical music offering, and devotional music service Saregama Shakti, has also been expanding its original content library by launching a festive series of devotional songs and videos. It has added about 6,000-7,000 videos on Saregama Shakti in the past four months.

In April, music streaming service Saavn LLC launched nine original audio shows on its app and website and announced plans to launch video content as well.

Increasingly, music streaming apps are including content such as podcasts, audio talk shows and videos in an attempt to offer differentiated content and open up new revenue streams.

“There is a concerted effort from our side to bring more and more unique audio content for the listeners. The intent is to offer diverse content to customers. The engagement level goes up and we are able to monetize well,” said Prashan Agarwal, chief operating officer at Gaana.

Launched in 2010, Gaana claims 20 million active users a month and has a music library of about 13 million songs. Gaana has also been in talks with BCCL-promoted youth-centric television channel Zoom TV to expand its audio content library, which currently includes shows like The Asha Verdict with Asha Bhosle, a music review show by the singer, and a comedy show called Sit Down Comedy with Rajneesh Kapoor.

Vikram Mehra, managing director at Saregama India, said the company was expanding its content library on both apps. “We started our classical platform as an audio platform, but we have now moved onto videos as well. As for Shakti, we have been focusing on videos,” said Mehra.

Saregama Classical was launched in 2015, while Saregama Shakti was launched earlier this year.

Executives in the business say music streaming apps run on similar and fairly limited content because of which they are diversifying and exploring other streams of revenue. Moreover, audio talks and video content allows brand integration, which fetches higher advertising rates or can easily be placed behind paywalls as premium products.

Music streaming apps have two revenue models—they charge a monthly fee for some content; while for others, they serve ads to non-paying customers and generate advertising revenue.

Digital music streaming is not a viable business because of expensive music royalties in India. Music companies charge Rs10-25 crore a year for access to their music libraries.

Hungama Digital Media Entertainment Pvt. Ltd, which has limited its original content to live music show videos, artistes’ performances and interviews, charges Rs99 per month for its video content.

As for audio content, “there are brands that associate themselves with that content and integrate with specific shows or playlists”, said Siddhartha Roy, chief executive of Hungama, which claims a total of 68 million subscribers.

Similarly, Gaana and Saavn have placed some of their original content behind a paywall while ad rates for some shows have a premium attached to them.

Saregama operates on a subscription model. “We have a specifically curated content for the listeners and viewers. That’s why we try to give an unadulterated experience,” said Mehra. For Saregama Shakti, the company charges a subscription fee of Rs30 per month. It charges Rs100 per month or Rs1,000 per annum for Saregama Classical.

“The audio and video content opens up new revenue streams for the applications, considering that music is a substitutable genre. Without original content, all applications are the same,” said Jehil Thakkar, head (media and entertainment) at consulting firm KPMG, adding that original content helps the music streaming apps to integrate brands in their shows.

According to media buyers, it is a logical expansion for music streaming apps because they are still in the investment stage. “There is a big change happening in the way media is consumed with the increase in broadband penetration. The trend is clear that there will be a lot more audio and video consumption in the coming months. Revenues will turn up in the times to come,” said Ashish Bhasin, chairman and chief executive, Dentsu Aegis Network South Asia.

Bhasin added that the digital market is growing three times as fast as the overall market. “Listenership, viewership and readership is moving towards the digital space. It is nascent right now, but the overall industry is growing.”

Digital advertising is expected to touch Rs 25,500 crore by 2020 from Rs 6,010 crore in 2015, with a shift towards video and mobile advertising, according to a report titled The Future: Now Streaming by KPMG and lobby group Federation of Indian Chambers of Commerce and Industry.

live mint |

Crunch time for Indian music

Examining data about the music business does not come easy either to the practitioner of music or to music lovers and consumers. But if one were to make the effort, there would be no dearth of surprises. For example, did you know that India is currently ranked 20th among the world’s biggest music markets in terms of value? And that it stands a good chance of moving up to 10th place if business forecasts prove right?

According to the “India Media And Entertainment Industry Report”, compiled in 2015 by the consultancy firm KPMG and the Federation of Indian Chambers of Commerce and Industry (FICCI), and based on information provided by sources in the Indian music business, the value of the music business in the country inched up steadily from Rs.740 crore in 2008 to Rs.980 crore in 2014, showing a growth of 2.3% from 2013. If this isn’t exciting enough, wait till you hear the reported projections for the Indian music industry—by 2019, the value of the music business here will burgeon to Rs.1,890 crore, up by 14% from 2014.

This is not the only report of its kind that predicts sunshine in the coming years for the music business. The International Federation of the Phonographic Industry’s (Ifpi’s) “Global Music Report 2016” quotes its chief executive, Frances Moore, as having stated that “after two decades of almost uninterrupted decline, 2015 witnessed key milestones for recorded music: measurable revenue growth globally; consumption of music exploding everywhere; and digital revenues overtaking income from physical formats for the first time.”

Ifpi, though, placed the value of the music business in India at a more conservative Rs.610 crore in 2014, against KPMG’s Rs.980 crore for the same year.

Despite detailing a by-and-large positive trend towards growth, the KPMG report points to a massive drop of 30-35% in physical sales of music, and a similar drop in sales of ringtones and caller tunes. It also states, quite unequivocally: “In India, only 1-2 per cent of music is consumed by way of legal purchase whereas 99 per cent of the music consumption is still illegal i.e. pirated.”

One can only imagine then how revenue would soar if Indians started purchasing their music legally.

But amid the mention of all the crores that music seems to be raking in, the constant question for the practitioner of music remains the same—how is all this growth and abundance going to affect the lives of artistes in India? Is their lot going to become any better? The KPMG report states that the sale of music rights for films continues to be a strong area, with Category A films selling music rights for Rs.10-15 crore. Category B films reportedly end up selling music rights for Rs.3-5 crore. One cannot help but wonder what portion of this pie benefits the content creators—the composers, singers, musicians, lyricists, audio engineers and others. There does not seem to be any data about this. Perhaps the artiste community still echoes what songwriters Ray Evans and Jay Livingston wrote and published in 1956: “The future’s not ours to see, que sera, sera, whatever will be, will be.” And yet, growth in the true sense of the word cannot and must not be measured without assessing the impact of these figures and projections on the lives of the people who make music in India.

The Hindu Business Line |

In sports broadcasting, it’s now Sony vs Star

Despite the ₹2,600-crore Sony Pictures Network-Zee deal creating a duopoly, industry watchers say the two dominant players in the market — Japanese giant Sony Corp-owned SPN and 21st Century Fox-owned Star India — will put greater effort in enhancing the sports properties.

“A sports channel needs to have content for 12 months and not just during the sports season. It is strategically a good deal. A deal like this will give a lot content to keep the viewer engaged and thereby ensure consumer stickiness,” said Frank D’Souza, Lead Partner, Media and Entertainment, PwC.

Vinit Karnik, Business Head, ESP Properties, said: “The deal strengthens SPN’s portfolio. For the industry, there may not be a bidding war and it will bring parity from an acquisition standpoint. However, we believe that marquee properties like IPL or football will still be competitive.”

Both Star and SPN have a formidable content line-up. Star India has holds the telecast rights of BCCI, ICC, Cricket Australia, English Cricket Board, Formula 1, EPL, and tennis grand slams like Wimbledon and French Open.

SPN on the other hand has the rights to IPL, FIFA, UEFA Euro, NBA and UFC.

The deal also gives SPN access to media rights to many golfing events, matches under most African cricket boards and the PCB and US Open.

Industry watchers also say that SPN will add at least five sports channel to its kitty post the acquisition, taking the total number to nine while Star India will have eight channels in its portfolio.

Raja Lahiri, Partner, Grant Thornton India LLP, noted: “Sports is one of the biggest growth drivers for the sector. There is a proliferation of leagues. The success of IPL has meant that leagues are able to attract both viewers and advertisers.”

He further said that sports as a category is one of the top three, attracting advertisers globally. “Sports content is expensive from an acquisition standpoint but there is a risk reward also as it attracts advertisers.”

Almost all players agree that sports leagues will also keep a close watch not just on the linear platform (television) but also the non-linear channel (digital).

Digital play

“Earlier, digital was bundled along with the television feed. However, now leagues and sports bodies are separately calling bids for digital and television. This shows that both dominant market players will have to vie for the digital presence, especially in India, where digital is growing,” said PwC’s D’Souza.

A KPMG-FICCI report on media and entertainment noted that in 2015 cricket continued to be the primary brand puller but various other sporting leagues managed to create a buzz. Brands in India are starting to invest in other sporting activities, which requires a long-term vision and strategy to attract viewers’ sustained interest, it added.

live mint |

Why even a Rajinikanth film can’t do Rs250 crore gross business in a day

Last week, amid the hype surrounding superstar Rajinikanth’s latest release Kabali, media reports said the film’s first day gross collection was Rs.250 crore. The reports, ably aided by social media, went on to create an impression that the first day collection records for Indian films have been demolished beyond recognition.

A day later, it was reported that the figure was not only for box office collections but also included pre-release sales of various rights-theatrical, overseas and endorsements among others. Kabali’s producer, S. Kalaipuli Thanu, later said official figures are still awaited.

The media, however, didn’t pause to question if this kind of a figure is even probable for an Indian film in a single day.

Turns out, it’s not even remotely possible for an Indian film to do such numbers.

Kamal Gianchandani, chief executive officer, PVR Pictures, said as of today, it’s not likely for an Indian film to do Rs.250 crore gross in a single day. “In terms of theatres, you need about 6,000 multiplex theatres, which will amount to about 12,000 screens, in India and about 2,500 screens overseas to do a number like Rs.250 crore,” said Gianchandani.

Kabali was released on about 4,000 screens globally, according to reports .

In Tamil Nadu, the entertainment tax is far lower compared to other states at 15%, with full exemption for Tamil films. There is also a cap on ticket prices in the state at Rs.120. However, sources say theatres sold tickets for Kabali at rates far higher than the stipulated price.

Girish Johar, head of global revenue, Zee Studios, however, said, “Worldwide, if we can release in 5,000 screens then (the Rs.250 crore gross) might be possible. Practically, it’s not possible but theoretically it is. It also depends on where you release your films in terms of screens.”

The screen count in India is estimated to be between 8,000 and 12,000. While trade bodies like FICCI say the number is closer to 8,000, independent analysts say it could be near the 12,000 mark. In comparison to India’s screen density of six per million people, China has 23 screens per million.

“The film going population of India is 3-3.5 crore in a country of over a billion people. Assuming it’s a huge film for which everyone goes on day 1 itself and there’s 100% occupancy all over, then we can achieve Rs.300 crore also. But we don’t get those many theatres, screens and people coming in,” said Johar.

Atul Mohan, editor of trade magazine Complete Cinema, is more circumspect: “After a few years, this Rs.250 crore number won’t look so big, like today we talk about 100 crore or 50 crore which seemed too huge at one point. The ticket prices are going to rise gradually, the number of screens will. But Rs.250 crore doesn’t seem possible in the near future.”

Big Indian films like PK, Sultan, Bajrangi Bhaijaan, Baahubali or Kabali get released on nearly 4,500-5,000 screens globally. The ticket pricing for these films remains in the Rs. 300-350 range on an average.

“To get a number like Rs. 250 crore, theatres need to price tickets in a range upwards of Rs.1,000, which is impossible as of today,” said a trade analyst, on the condition of anonymity.

Higher ticket pricing, nonetheless, may not seem practical given the low occupancy across theatres in the country. “Even though we’ve the second highest population in the world, only 2-3% of it watches films in theatres. You need to have more screens and affordable tickets,” said Mohan.

So, given the best screen count and ticket pricing, what’s the kind of number possible for films today?

“In India, what is possible at this stage, is a gross of about Rs.85-90 crore (roughly, Rs. 55 crore net). A Hindi film obviously has the most potential to do so,” said Gianchandani.

Given these realities, it’s staggering that reports of such a nature are suggested, thereby helping the hype around a film. “If such numbers are floated in the media, it affects the psyche of the audience. ‘The numbers are so great, we should catch up the movie’ they say. At the back of the mind, it does affect to a certain extent,” said Mohan.

Kabali did an opening weekend business of over Rs.110 crore, significantly lower than the earlier reports.

With doubtful figures floating all around, from screens to collections, and the producers being the only source of information, the credibility of the numbers and those reporting them get dented with each false report.

“Collections don’t match up to reported numbers. There is no single tracking system. Multiplexes don’t come out with reports. There is so much fudging of numbers and one can’t independently verify these. There must be more accountability than exits at the moment,” said the trade analyst cited above.

Business Standard |

Producers debate growth challenges

Panelists at a ‘Knowledge Series’ forum of the Federation of Indian Chambers of Commerce and Industry (FICCI) believe the digital content economy would see exponential growth over the next three to four years.

The seminar, held in association with the Los Angeles India Film Council, assessed the extent to which screen content acts as a driver of the digital economy in India. Executives from the creative industry assessed the current regulatory and infrastructural challenges, growth trends and how to monetise such content.

Ramesh Sippy (pictured), film producer and co-chair of FICCI’s entertainment division, spoke of how increased connectivity, technological innovation and new content delivery platforms all combine to spur growth. The government's role, he said, was pivotal in enabling legitimate content delivery platforms to protect and monetise their content, in a rapidly changing marketplace.

India is the second largest internet user market in the world, with an accelerating 40 per cent internet growth rate. It is felt the Indian media and entertainment sector is at a 'tipping point', for online businesses to provide a multitude of options to consumers. However, online content theft, varying levels of broadband access and affordability in terms of data rates are challenges for providers. These will impact how digital media evolves.

Girish Menon, director, transaction services, at KPMG India, said: “The advent of OTT services (delivery of audio, video and other media in broadcasting over the internet, without the involvement of a multiple-system operator in the control or distribution of the content) and onthe-go content, aided with competitive tariffs (rates) and the falling average retail price of smartphones, has helped drive video consumption. However, profitability continues to be a major challenge, coupled with infrastructure and affordability of data tariffs and payments models. It is imperative for OTT players to address these concerns through innovative means, to achieve the medium’s full potential.”

Among the challenges discussed were telecom infrastructure, data charges and, of course, content theft. Film maker Vishesh Bhatt said while monetising of content and innovating with advertising are options, platform owners need to get more courageous with content creation. “We see a lot of examples from the West and try to adapt. Unfortunately, we lack the risk appetite that the West has. Today, if I have an idea but it's risky, I might not get buyers for it. So, we might not be able to make the pathbreaking content those in the West are making,” he felt.

The panellists agreed the Indian system poses a dichotomy in that it offers scalability through the sheer mass that can be catered to but also has a demand for original content which automatically restricts the audience that can be targeted.

Ajay Chacko, co-founder of Arrey, the UDigital media venture's brand, added: “Technology is a cost we are well aware about and can plan. To make the business viable, the focus will have to be on innovative marketing and monetising the content. There are ways to use content to market the platform and to create content for advertisers. Different strategies will work for different players.”

live mint |

The liberalization of Bollywood

For a generation that grew up in the 1990s or earlier, the impact of economic liberalization on Indian cinema is best exemplified by the transition from rickety single-screen cinema halls to plush multiplex theatres.

The change goes much deeper. With the gradual dismantling of the licence-permit raj, the film industry came into its own, particulary after 1998, when the National Democratic Alliance government granted cinema the status of an industry.

The nature of film financing changed and the corporate sector stepped into movie-making. Over the years, the exhibitions business was also transformed, allowing audiences to experience luxury seating and the latest movie projection and sound systems.

The NRI inspiration

There were two key themes to movie-making in the 1990s.

First, pitching to the non-resident Indians (NRIs) and creating cinema that they would consume. This meant the use of big stars and the depiction of extravagant romance, affluent lifestyles and shooting in fancy locations.

Not that filmmakers hadn’t done it earlier. Manoj Kumar’s Purab Aur Paschim (1970) and Dev Anand’s Des Pardes (1978) were some of the earliest takes on the diaspora. But somehow, it never mattered as much as in the 1990s, when the work of three filmmakers - Sooraj Barjatya, Aditya Chopra and Karan Johar—brought in what film critic Anupama Chopra calls “a generational change”.

Trade analyst Komal Nahta adds that it was just a matter of the business evolving. It took Barjatya’s Hum Aapke Hain Koun (1994), a grand family drama that became the first Indian film to cross Rs.100 crore worldwide, for filmmakers to realize that Indian audiences overseas were happy to watch traditional Indian films and weren’t obsessed with Hollywood.

“It was a turnaround,” Nahta said. “Indians and Asians living abroad started identifying with our films because filmmakers like Johar and Chopra offered them a taste of India and Indian traditions and values set in a very modern style. There was a good mix of modernity and tradition so they couldn’t complain that it didn’t compare with Hollywood. The making technique was Hollywoodish but the roots were very Indian.”

The second significant theme entailed the push-and-pull of who defines what is Indian. From hipper, younger-looking background dancers brought in primarily by choreographer Farah Khan to the foreign brands that designer Manish Malhotra had introduced, it was a brand-new world.

“The big question was, can you wear brands like Polo, or a necklace that says ‘cool’ and still be Indian? And the answer was yes,” said Chopra.

She added that actor Shah Rukh Khan was the perfect embodiment of that idea. As his characters in a host of films like Dilwale Dulhania Le Jayenge (1995) and later Dil To Pagal Hai (1997) and Kuch Kuch Hota Hai (1998) show, he could be suave, witty and cool, but also totally Indian and grounded.

“DDLJ was probably the first contemporary film to give a benign view of the NRI,” Chopra said. “Shah Rukh Khan’s NRI was more Indian than the Indians were. The argument was that the Indian values are movable, you don’t have to live in India to be Indian.”

Film financing

Until the 1990s, the norm was to receive film funding from private financiers. A tribe of 15-20 businessmen would put in money that came at phenomenal rates of interest, about 3-4% per month. So, an amount of Rs.2 crore borrowed for six months would come at an interest rate of 24%, which was deducted in advance, leaving only what was net of interest. That enabled a huge component of transactions to be carried out in black -including those with actors who often received remuneration in both cash and cheque. Of the former, no account was ever kept.

“In the new millennium, came finance from institutions like banks—like IDBI (Industrial Development Bank of India) which started financing at the rate of 15-16% per annum,” said veteran film producer Mukesh Bhatt. “After which came corporates about five years ago that brought investments on partnership basis with equity partners not charging any interest, but taking 50% of the revenue,” he added.

Breaking away from the age-old Bollywood tradition of ‘risking’ personal wealth saved up for years or mortgaging property to produce a single film, production houses have now adopted the studio model where there are systematic blueprints to ‘break even’ before a film’s release.

Studios such as Viacom18 Motion Pictures, Eros International, Reliance Entertainment and UTV Motion Pictures are engaged in operations that involve acquisition, production, syndication, marketing and worldwide distribution of full-length feature films. Their pre-licensing deals entail music, television, satellite, home video, internet, digital, in-flight, overseas and merchandising rights. Newer strategies include part-production and revenue-sharing post-production. Not to mention the beeline of brands that want to be associated with these films - either as sponsors or as part of the storyline (read brand integrations).

Prior to liberalization, Hollywood films used to hit the theatres in India months after their release elsewhere. Now they are part of the mainstream and arrive in India almost simultaneously with their worldwide release.

On 8 January 2016, Mint reported that Hollywood revenue in India had risen by more than 92% to Rs.437.79 crore in 2015, from Rs.227.62 crore in 2014.

Exposure to Hollywood films rubbed off on filmmaking in India as well.

“Hollywood opened our audiences’ eyes to the quality of cinema and technology of a much higher standard,” said veteran filmmaker J.P. Dutta. “Their films, action and special effects were out of the world and that automatically raised the bar for us.”

Films such as Rakesh Roshan’s Krrish (2006) and Shah Rukh Khan-starrer Ra.One (2011) were greatly inspired by Hollywood film techniques. The makers spared no expense and hired foreign technicians in their action, make-up and special effects departments.

The studio model has taken over the industry to such an extent that producer Bhatt says single producers are as good as dead now.

Stars command astronomical figures and sometimes even demand a part of the film’s intellectual property rights (IPR). Actor Aamir Khan is known to take away 33% of the profit his movies make besides an upfront fee, according to people in the film trade who requested anonymity.

Others such as Shah Rukh Khan and Akshay Kumar mostly co-produce their projects.

Foreign entrants such as The Walt Disney Company (India), Sony Pictures Entertainment Inc. and Fox Star Studios have emerged as major players.

Recent hits like Disney’s ABCD2, and Fox’s Neerja, and Prem Ratan Dhan Payo, which was produced by Rajshri Productions and distributed by Fox, point to the connect they’ve made with Indian audiences.

Foreign studios spotted the opportunity in the Indian market after economic liberalization took root. The inherent glamour and potential of the Indian movie market was one lure, but the changing landscape of the Indian entertainment industry, with the mushrooming of multiplexes was a powerful compelling factor.

“Sony Pictures was actually the first Hollywood studio to enter Indian film production back in 2007 at a time when multiplexes were well and truly changing the culture of movie-watching and allowing for a wider variety of films to be released,” said Vivek Krishnani, managing director, Sony Pictures India. The studio made Saawariya, which featured Ranbir Kapoor and Sonam Kapoor in their debut performances.

Krishnani said the studio’s commitment to local production and distribution over the past few years shows its strong belief in the Indian market.

“It’s no longer just about formulaic films. India has become a fast evolving market where great stories are being told, new genres are being created and new audiences discovered. It’s a really exciting time to be in the Indian industry right now,” he said.

In 2015, the Indian film industry was worth Rs.13,820 crore and is expected to expand at a compound annual growth rate of 10.5% for the next five years, according to the KPMG-FICCI Indian Media and Entertainment Industry Report 2016, ‘The Future: Now Streaming’.

The multiplex revolution

The biggest revolution in the 1990s happened with the advent of the multiplex.

“In the 1980s, people had stopped going to cinema halls,” said author and film critic Bhawana Somaaya. “One, because the condition of the single screens was pathetic so people from good families didn’t go to theatres. Plus the VCR (video cassette recorder) had come,” making it possible for families to watch movies in the comfort of their homes.

Plus, the cinema business was struggling because traditional large-format single screens weren’t viable - the 1,000 seaters couldn’t play Hollywood films, there was a struggle to fill them up on weekdays. The turnaround happened gradually after the first multiplex was opened by PVR at Saket in New Delhi.

Soon, the national government permitted 100% foreign direct investment in the exhibition business; some states rationalized the entertainment tax structure. Before the move, exhibitors were paying as much as 50% of the ticket price as entertainment tax.

“The other thing that took place was that a lot of state governments such as Maharashtra and Uttar Pradesh came out with an entertainment tax holiday policy in order to encourage a capital-intensive business such as exhibition,” said Kamal Gianchandani, chief executive officer, PVR Pictures, and chief of strategy, PVR Ltd. “That was really the big-ticket change that took place - a paradigm shift in the government’s thinking about this sector, which encouraged a lot of investment, plus helped in creating a social entertainment culture in cities and tremendous job creation in that.”

The immediate impact of the multiplex boom was the abolition of the limit on ticket rates.

“In the 80s and 90s, entertainment tax matters were handled by the charity commissioner and ticket rates could not be increased without his/her permission. So if a big film of a big star was out for release, the producer or distributor had to take special permission to hike ticket rates for the first three days or the first week,” recalled Nahta.

Today, he said, film tickets can have differential pricing for different shows or different days of the week. Indian filmgoers have journeyed from paying Rs.30-40 per ticket to shelling out Rs.500-700 and sometimes even Rs.1,000.

“Exhibition is the one change brought about by liberalisation that stands out,” Nahta said.

Because of multiplexes which charge high admission rates and allow small seat-capacities, the game has changed for both big and small films.

“A big film would earlier cost Rs.5-7 crore, now it comes at Rs.100 crore. It’s also profitable to make the small films because earlier, one had 500-700 seaters. That has changed to 50-80 seaters. 40 out of 500 seats filling up doesn’t make commercial sense, 40 out of 80 seats does,” he said.

Also notable is the fact that the revenue-sharing ratio between multiplexes and producers is skewed in favour of the former. In the first week of a film’s release, a producer gets 50-52% of the business and over time, his share decreases. That explains why a marketing and promotional frenzy before every release has become intrinsic to filmmaking today.

“The whole game is about the first week or the first three days. And to lure audiences you have to market your film like crazy,” said Nahta.

On the flip side, he added, a lot of filmmakers are focusing more on their marketing campaigns than the content itself. “Why would a producer want to make a film that runs for long? He’s interested in making money for himself, not for multiplexes.”

Satellite invasion

It is also in film marketing that the synergy between film and television is most clearly seen. Before private television channels came on the scene, public broadcaster Doordarshan showed movies on television. But the kind of money paid by the movie channels at that point of time was fairly insubstantial. That has changed in the last 20 years, with films being purchased pre-release for telecast on satellite TV.

“That had two impacts on the business of cinema. One, that television networks, besides buying movies, started doing a lot of promotion—free as well as charged—to help position films in the minds of the viewers,” said Nitin Keni, chief executive officer, Essel Vision Productions Ltd, referring to the use of trailers, promos and teasers by television channels.

“On the other hand, because films were being picked up for exhibition on channels, slowly a larger portion of money started coming from satellite channels, in turn increasing the viability of the produce,” he said.

And along with Hindi, came the exposure to English channels.

“Because the Internet was pretty much non-existent the way it is today, with the advent of cable and satellite television, the Indian consumer got to see some of the best productions from across the world,” said Ferzad Palia, executive vice-president, head-youth and English entertainment, Viacom18 Media Pvt. Ltd.

“That opened up a whole new way of thinking and experiencing entertainment. And with that you saw the advent of a lot of progressive cinema as well, be it in terms of production, scale or subject.”

Other examples of the synergy between television and cinema may be seen in the direct satellite release of films that distributors do not deem viable for a theatrical release or in the tele-films that came out in the 1990s (Keni produced one of the first at the time = Mahesh Bhatt’s Phir Teri Kahaani Yaad Aayi in 1993).

Music reality shows have opened the doors for a generation of rich and diverse voices from across the country while innovations like Coke Studio have changed the perception that folk or classical music were only made for the old and experienced.

“That’s the great part of it - that it empowers people to dream and reach the top without going through the usual stuff,” said Shantanu Moitra, music director of films like PK and 3 Idiots. “The flip side is it’s become so easy that there’s no quality consciousness. But it’s survival of the fittest. If you’re good, you shall survive. But at least it opens the doors.”

Business Standard |

The online video soldiers

If you are one of the seven million Indian fans of Mixed Martial Arts or MMA, you could download Veqta. The video application, launched this month, offers only sports and related content from various English football leagues, and shows based on cricket, among other things. “There are massive gaps in our experience as sports fans,” says Varun Mathur, co-founder and director. These could be in the number of sports or the way they are covered. For instance, against 40 in the US, the average number of sports that Indian broadcasters offer is 14, adds Mathur. “If you are a football fan, the only programming available around, say, the English Premier League will be the 90 minute match. There is no sense of what is happening around my club, players. Veqta is an attempt to address those gaps.”

Set up by Mathur, Vikram Tanwar and Gaurav Gill, it is among the many independent video start-ups launched in the past two years. There is Fastfilmz, which focuses on regional cinema; Arré, an original content player; and, Press Play which uses branded hotspots to drive growth, among others. These venture capital-funded startups represent the next round of activity in the ~1,500-crore hyper-active online video market in India. It has seen all kinds of technology, telecom, media players – STAR (hotstar), PCCW (Viu), Zee (Ozee, Ditto) and Viacom18 (Voot), among others – jump in.

Of the 319-mn internet users in India, about 170 mn have smartphones. This allows them to watch videos, making it one of the fastest growing online markets in the world. More important, India is a one-TVper-home market. The possibility of a mobile becoming the second or third screen, and expanding the market for video content beyond TV, is a real possibility. TV reaches about 800 million people; it made Rs. 54,220 cr in 2015, going by FICCI-KPMG numbers. Even if online video could hit 10 per cent of those numbers, it would be huge. “All of us are at the same starting line broadcast television was at many years ago. The big difference is the tailwinds are more supportive than in the early days of broadcast TV,” says Sai Kumar, co-founder and managing director, Arré.

There are three things that set these start-ups apart from some of the larger plays such as Sony Liv or hotstar.

One, like Veqta, many are identifying gaps in what looks like an overcrowded market for video apps and coming up with interesting ones to plug these. When Karam Malhotra and Dominic Charles, both CO-CEOS and co-founders of FastFilmz, were looking at the film market, they found most of the offerings were targeted at cities. “Bollywood is very crowded. South India has half a billion people but there is nothing for them. We spent two months in small towns and saw people spending Rs. 75-100 for two-three pirated movies. It is an untapped market,” says Malhotra. That is why Fastfilmz, which just raised its second round of funding, started by offering Tamil and lately Telugu movies. It would focus only on regional movies for the future. This helps to focus the marketing, distribution, content efforts and costs. Not one of them agrees the market is overcrowded. “It’s a market that demands different strokes for different folks,” quips Subin Subaiah, CEO of Spuul Global.

Two, unlike a STAR or a Zee, most of the newcomers do not have the luxury of loading content costs on to a thriving TV business. So, almost all have a pay element built into the offering. Veqta, for instance, is looking at 200,000 subscribers by December 2017, by when it expects an operational break-even. Arré is, arguably, the only exception, as it relies on largely syndication and branded content. Kumar reckons the moment pay revenues take off, “We will be ready.”

Three, most seem to have thought through the big question of scalability. Gill says for Veqta, scale will come from its focus on short-form, differentiated content from sports leagues such as the English Premier League. It will be raising an additional $4 mn in August to ramp up it offerings. Arré’s Kumar reckons that because consumption of content “is seeing secular trends (across genres and geographies),” the big question is of choosing the area to scale up in. For instance, in broadcast TV, regional took time to grow because of the hold of cable operators over large chunks of the market. In the online world, no such barriers exist.

There is, however, no set business model or dynamics for this space yet. Everyone has a different way of looking at Indians’ need to watch videos. TVF Play was launched largely to make it easier for users to find TVF’s original web-series and videos in one place. “We enjoy making content. We want to make a film next year, create our own or and give it to HBO,” says Arunabh Kumar, founder of TVF.

The more players there are, the more business models there will be. The show has just begun.

millenniumpost |

Proposal to grant 'Deemed University' status to IIMC cleared by I&B

As the Union Ministry for Information & Broadcasting has recently cleared a proposal to provide ‘Deemed University’ status to Indian Institute of Mass Communication (IIMC), the premier media training institute is gearing up to emerge as a post graduate institute of higher learning for media in the country. As per the proposal, after upgradation, the institute will offer post graduate degrees in journalism and related streams besides M Phil and PhD in the coming years.

“There is a dearth of trained academicians in media and communication. As media is growing at a phenomenal rate the country needs highly qualified academicians in this field and we aspire to bridge the gap between the demand and supply by providing highly qualified academicians and professionals,” said K G Suresh, Director General of IIMC.

He further added that the campus of IIMC in Delhi has all the infrastructure facilities to start post graduate courses in all the streams of journalism — print, radio and television and advertising. “In the IIMC Delhi campus, we have enough number of classes and required infrastructure to start the PG courses. Gradually, the PG courses will be introduced in our regional and upcoming centers as well,” he said adding they are hopeful to get approval from the UGC very soon.

Giving details of the proposal, Suresh said: “The present post graduate diploma courses will be extended to two years. Those who pursue one year course will be awarded post graduate diploma while those completing two years would be given post graduate degree. There is no immediate plan to start undergraduate courses and we aim to develop IIMC as a centre of higher learning for media.” He further informed that the proposal to construct more hostels is pending with the environment department of the Delhi government.

“The communication with the Delhi government is positive and we are hopeful to sort out the issue,” he added. He contended that IIMC has the best faculty and a dedicated research cell which should be utilised to its fullest to meet the growing need of the country in terms of media and entertainment.

According to a report of FICCI, media and entertainment industry is estimated to grow at 14.2 per cent to reach Rs 1,786 billion by 2018 in India. The total current employment in the sector is estimated at 4.6 lakhs, and is projected to grow at a 13 per cent to 7.5 lakh by 2017.

Business Line |

Zee Entertainment plays on pricing with live linear TV

Four years after it launched its platform, Zee Entertainment Ltd is once again placing its bet on its live television platform dittoTV.

By offering a subscription at rock bottom pricing of ₹20 a month, Zee plans to attract masses into its live linear television with channel agnostic content from over 100 plus Hindi, English and regional channel across genres such as general entertainment, sports, movies, news and lifestyle.

“We want to offer live television at the price of a steaming hot cup of tea. Pricing will be a key to our strategy and we want to reach the masses. Our aim was to create a platform which will have content not just from our portfolio but also other content partners,” Punit Goenka, Managing Director and CEO, Zee Entertainment Enterprises, said.

Zee was among the pioneers to get into the over-the-top (OTT) and video-on-demand platform. In 2012, it had launched dittoTV.

Asked how different will dittoTV from Zee’s other OTT platform OZee, Goenka said that while dittoTV will be linear live television, OZee will continue as it OTT platform. dittoTV is a subscription-led platform where as Ozee will continue to follow a free ad-supported platform.

Goenka said that it had tied up with telecom player Idea Cellular to offer 3G and 4G internet packs a free monthly subscription with every recharge. Besides this, the company has also partnered with Siti Cable and ITZ Cash to supply recharge cards at retail channels. On whether the company is looking at original content for dittoTV, Goenka said the company will look at it only after it achieves a critical mass.

The company said it is target group is 18-35 years. “Educational institutions are free Wi-Fi zones. We see students consuming data and are a core target for us,” Archna Anand, Business Head, dittoTV, added.

Digital infrastructure

As per FICCI-KPMG report, the 4G rollout, ‘Digital India’ initiative and private initiatives for broadband Wi-Fi availability at public places are likely to be a significant role for the growth of OTT services – several of which were launched in 2015. These digital infrastructure improvements, coupled with the rapid expansion of smartphone penetration, are critical to the ramp up of OTT.

The report says that at present there are concerns around bandwidth constraints, high cost of customer acquisition, dependence on advertisement-led models and high cost of data access.

“The year 2015 saw a number of OTT services being launched, and we expect this trend to continue in 2016 as well. However, this industry is yet to find a sustainable business model in India, which is likely to emerge in the next 12-24 months,” says Jehil Thakkar, Partner and Head of Media and Entertainment, KPMG.

live mint |

The return of retro on radio

With new stations being launched under phase 3 of the FM radio auctions that concluded in September, retro music from Bollywood is emerging as the flavour of the season.

First off the block in March was the retro music channel Radio Nasha in Delhi from HT Media Ltd and now Sun Group’s Red FM is gearing up for a retro music station in Mumbai.

FM radio companies seem to be expanding their reach and operations in markets where they already have a presence through second frequencies, airing popular melodies from the 1960s, 1970s, 1980s and the 1990s.

Nisha Narayanan, chief operating officer at 93.5 Red FM, is turning to retro music for her soon-to-be launched radio station in Mumbai on the frequency 106.4. This will be Red FM’s second frequency in the city.

“Retro music is something where you just can’t go wrong. It has always been one of the most popular genres across different mediums,” said Narayanan, without divulging the name of the new channel. The Sun Group runs a network of 48 radio stations.

Narayanan said that until now, the FM radio policy did not encourage nuanced or targeted radio programming by FM companies. However, with second frequencies being won by some companies in their existing markets, radio operators are open to experimenting with retro.

“As the air waves are opening up to more frequencies, the channels, not so-much by force but by choice now, are opting to go into the retro space,” she added.

HT Media launched Radio Nasha in Delhi on the frequency 107.2 FM in March, followed by 91.9 FM in Mumbai. Radio Nasha, which plays Bollywood music from the 1970s, 1980s and 1990s, was the first station to be launched under phase 3 radio auctions.

HT Media already operates Fever 104 FM, which plays contemporary Bollywood music in the five metros of Delhi, Mumbai, Bengaluru, Chennai and Kolkata.

“The strategy has been to segment the radio-listening market into two distinct spaces: Radio Nasha that will play cool retro music, and the existing Fever FM that plays contemporary hit Bollywood music,” said Harshad Jain, CEO, Radio & Entertainment, HT Media, the publisher of Hindustan Times and Mint.

The company had acquired 10 new frequencies in Delhi, Mumbai, Hyderabad and several towns of Uttar Pradesh in the phase 3 auctions.

Jain emphasized that since both the stations cater to audiences from different age groups (Fever FM’s audience is in the 20-34 age bracket and Radio Nasha’s audience’s in the 30-50), the two stations will be able to provide an unduplicated reach and distinct customer universes to the advertiser.

“With the two stations our bouquet is complete,” he said.

As a premium product for the advertisers, Radio Nasha has also roped in Bollywood celebrities such as Anil Kapoor, Satish Kaushik and Amit Kumar to host its daily flagship shows as radio jockeys.

According to data from Radio Audience Measurement (RAM), Radio Nasha Delhi, on an average, posted a cumulative reach of 6.1 million listeners and was ranked fourth over a period of four weeks (week 17-week 20 which ended on 14 May) in Delhi.

To be sure, the retro-genre was first successfully tested by Reliance Broadcast Network Ltd (RBNL)-owned 92.7 Big FM, which currently runs retro channels in seven markets: Mumbai, Delhi, Kolkata, Bhopal, Indore, Rajkot and Baroda.

Big FM was the first-ever private station to turn retro in Delhi in 2011, followed by Mumbai in 2013, and has been a big hit with the audiences and the advertisers.

“After coming in the retro space, our listenership grew drastically. We moved from a market share of 8-9% in Mumbai to almost 19-20%. Our shows have been key-drivers for loyalty and listenership for our channel,” said Ashwin Padmanabhan, chief operating officer at RBNL.

For the year 2016, the company has projected a 33% increase in revenue for Big FM over 2015. According to Padmanabhan, Big FM has been the market leader in Mumbai for almost a year now as per RAM ratings and the channel has been well received by the advertisers.

“There is more demand for inventory than we currently can supply. We have to drop the ads at times,” he said.

Retro Bollywood music shows have worked like a charm at other stations too. Radio Mirchi, owned by Entertainment Network (India) Ltd (ENIL), the radio company of the Times Group, runs one of the oldest retro programmes called Purani Jeans, which is aired at prime-time (9pm-12 midnight) in 30 different centres.

“Purani Jeans has been running for over 15 years now and has become an iconic sub-brand,” said Tapas Sen, chief programming officer at Radio Mirchi.

Sen added that the show is loved by the advertisers. “Very often, we have to refuse ads because we feel we will lose listenership,” he said, declining to comment on plans for expanding retro programming or launching a new retro channel.

Jehil Thakkar, head of the media and entertainment practice at KPMG, India agreed that retro shows on the radio channels always get good reviews. “When Big FM entered the retro space as an exclusive retro channel, it was a big turnaround for the company. The strategy worked well with the audiences and therefore there is a swing towards retro now,” he said.

“Almost all radio channels till now have been doing same kind of programmes. It is an attempt to break the back with a genre that seems to work,” Thakkar added.

Media buyers at advertising agencies feel that radio companies need to package this content well to attract the advertisers and the younger audiences as well.

“It is going to be a tougher challenge for the radio stations to sustain full-time advertising for a larger number of stations,” said Harsha Joshi, executive vice-president (group trading), Dentsu Aegis Network Ltd, a global media and digital marketing communication firm.

According to a report titled ‘The Future: now streaming’, by consulting firm KPMG and lobby group Federation of Indian Chambers of Commerce and Industry, the radio industry will grow at a compound annual growth rate of 16.9% between 2015 and 2020 and is projected to be a Rs.4,330 crore industry. Currently, the industry is valued at Rs.1,700 crore.

The Hindu |

Cloud technology changing TV ad landscape

Rohit in Mumbai and Shyam in Chennai are watching the same movie on a television channel. But when the movie cuts to an advertisement break, the commercials they see are different.

In fact, around 25 news and entertainment channels are beaming region-specific ads. With the trend of geo-targeted advertising catching on, more companies are making use of technology to beam adverts to only areas where their products have strong presence.

Advertisements tailored to the location or browsing pattern of a person is common on websites. For example, we see an HDFC or Flipkart advertisement on New York Times website. We might also see ads of the travel portal we have been checking.

‘Hyperlocal’ is the new buzzword. The Google Search trends report for 2015 says keywords like ‘car dealers near me,’ were being increasingly used, with a 32 per cent growth in queries for hyperlocal services.

Any digital media needs a geo-targeting possibility, said Abhesh Verma, COO of nexGTv, one of the early players to stream live television programmes on mobile devices. “When a website is opened in India, no one wants to see a U.S. advertisement. People want to see ads relevant to them.”

What is common on websites is coming to television. Airing of region-specific content is determined by triggers as varied as the user’s GPS location or watermarks on the video stream. “Even if GPS is off, the user’s mobile tower is detected, and a local advertisement is pushed to the device,” Mr. Verma said.

Ad splicing

On television, it happens differently. Normally, local cable operators have decoder boxes for each channel that receive and relay the programmes to households. To enable geo-targeted advertising these boxes are replaced with smart boxes that not only store data but also intelligently identify the spot where the location-specific ad has to replace the nationally telecast one.

The trigger for the geo-targeted ad comes from a unique watermark inserted on the video, which gives the cue to the smart box to run the local ad. Watermark is an invisible and inaudible identifier, like a product barcode.

Amagi, AdSharp

There are at least two companies that have the technology for geo-targeted advertising. While Amagi was founded by three technologists in 2008, Star TV came out with AdSharp in 2014.

“In 2010, we began trying out the technology with a few channels; in 2012, we introduced it in some 20 cities with four channels; and in 2013, we expanded pan-India. In the last three years, we have grown 10 times,” said Baskar Subramanian, co-founder of Bengaluru-based Amagi. He says their model helps small advertisers come on national channels. It buys a 15 or 30-second spot on TV channels and sells that spot to different advertisers at one-third the cost. Normally, if an advertiser pays Rs.100 for a spot, its ad goes across the country, even to areas where its product might not have a presence. But in the geo-targeted version, the advertiser, pays only Rs.30 and beams the ad only to the region it needs to target.

The company says a number of advertisers, who didn’t earlier have access to national TV space, are now coming in. “There are over 3,000 brands now on the platform, and there is a good chance that around 10 to 12 advertisements that you see in a day are geo-targeted,” he said.

In April, Amagi took this a step further by bringing in the Thunderstorm technology, an OTT (over the top) ad-insertion platform, that delivers personalised and targeted advertising. This could mean different ads at the same time on two different mobile devices.

While AdSharp is used by the Star bouquet of channels, Amagi's technology is used by 24 other channels which include NDTV, Zee TV, ETV and B4U.

The KPMG-FICCI Indian Media and Entertainment Industry Report 2016 speaks of considerable scope for geo-targeting, considering that the Indian market is underpenetrated and India is a heterogeneous market. “Currently, geo-targeting contributes to a very small portion of the TV advertising pie but industry participants expect its share to increase significantly,” it says. Location-specific replacement of content happens on mobile apps too. “If you open the nexGTv app in the U.S. and India, you see different programmes. We detect the IP of users and we show content that is relevant to them,” Mr. Verma, of NexGTV said.

The traditional mode of television broadcast, which involves use of satellites, too is changing. “TV channels spend huge sums of money to uplink programmes to satellites, and 85 per cent of the content is not live. Most of it is entertainment like movies, music, infotainment etc, that don’t require satellite,” Mr. Subramanian said. Internet is providing a way out and it involves a reversal of the traditional sequence of broadcast. Normally, what should go on air is decided first, and the playout (comprising all the contents, including graphics, promos and others) is delivered using satellite to local operators. In the Internet-based method, all contents are stored in the cloud, and delivered to playout servers at different locations: they could be anywhere in the world. The platform then does everything from managing the contents to graphics, subtitling, scheduling, editing, quality checks and the like. In other words, traditionally, it’s playout first and then delivery. But now it is delivery first and then playout.

Watermark

U.S.-based AMC Networks, which broadcasts Sundance channel to Latin America, uses the watermark technology to customise programmes in Brazil. The decision on when to switch the content is taken in New York, the content is uplinked in Spain, content replacement happens in Brazil, and the entire operation is monitored at the Amagi office in Bengaluru.

B4U is another channel that uses the technology. The scheduling of the 12 channels is done in Mumbai, the contents are pushed from London, and they are viewed across all time zones.

The technology can be used to even set up a TV channel without taking recourse to satellite. Amagi recently announced that by augmenting its Cloudport platform with its 24/7 managed playout service, FLIK TV, a high-definition movie channel, went live in Indonesia in a few weeks at a fraction of traditional satellite delivery costs.

Uday Reddy, Founder and CEO, YuppTV, an OTT content provider, says Internet has helped broadcasters by introducing the element of convenience. “As the Internet continues to increase its reach, it becomes easier for broadcasters to reach out to more people. Today YuppTV is available in all countries and partnered with multiple CDNs (content delivery networks) to deliver the content to end users. YuppTV proprietary algorithm decides which CDN to be used for a user in a country based on various performance metrics.”

The Asian Age |

Talk at Cannes about dance in Bollywood

Cannes film festival is the most talked about film festival in the world. It is the place where filmmakers, directors, producers, actors, technicians and everyone who is involved with cinema comes together to celebrate one common interest and that is films. This year’s 69th Cannes film festival was no less compared to its previous editions. The who’s who of the world of cinema was present at Cannes this year and each person was there for a reason, be it their film promotion, looking for a buyer for their upcoming films or representing their country at this most talked about film festival.

I feel humbled to inform you that I was invited to the 69th Cannes film festival as the ‘Indian Dance Ambassador’ to give a talk on ‘Dance in Bollywood and its changing trends’. This was my third outing to the French Riviera and the best one I must admit. I was told that filmmakers and press from world over would be my audience and that I should carefully handle their over-enthusiastic question and answer round.

Dance has always been the soul of Bollywood films. We are 103 years old but our movies are incomplete without their song and dance routines. Be it birth or dead, be it happiness or sadness, we Indians express it through dance and that is why our films are a reflection of who we are. But how this reflection has changed over the period of time in cinema was a difficult task to put into words. For a dancer it is simple show it through dance but to speak about it and verbalise the change of trends becomes a bit difficult.

I would like to thank Ms Leena Jaisani and her fantastic team of Federation of Indian Chambers of Commerce and Industry (FICCI) for guiding me for how I should conduct my talk in front of an international audience. Also this talk would not have been possible without two wonderful people who were my panellists for this session: actress Pooja Batra and classical dancer Raghunath Mane.

I began my talk by introducing my co-panellists and giving their short background information and how they have been a part of Bollywood for a long time. Then a short film was shown which took the audience through various dances that have been and are now a part of Bollywood films.

Post the film screening I took to the mike, talking about how we initially had silent film, and then later how the first lady of Indian cinema, Devi Rani, danced more with her eyes and face, and dance was shown more through expression in the films of the 1920’s. A lot of our films in the 1930s were either based on social issues or mythology, so there was a lot of classical dance in our cinema.

Accomplished dancers like Sitara Devi entered cinema and did bring a few international dance forms on the celluloid. She performed Russian classic Ballet in the 1942 film Hulchal and Hawaii Hula dance in the 1951 film Roti. In the 1962 film Half Ticket, Spanish Paso doble music was used, however, all these song and dance numbers were just one off pieces to add a Western feel to a film.

Actor dancers like Gopi Kishan and Sandhya Shantaram made classical dance a household name with film like Jhanak Jhanak Payal Baje. Lead actors like Prithvi Raj Kapoor and Ashok Kumar never really moved like Hrithik Roshan and Shahid Kapoor. Yet Bhagwan Dada gave hit after hit and was called the first dancing actor of Bollywood. His moves in the song Bholi Surat Manke Khote are still danced by one and all. Actors like Vyjayanthimala and Hema Malini came into films trained in classical dance and for a long time danced to many classical-based and folk-based numbers. Songs like Jhumka Gira Re Chadgayo papi Bichooa helped folk dances from various part of India enter Bollywood.

The real transition came in 1970s with R.D. Burman, Asha Bhosle and Helen creating magic on the screen. If Hollywood had Brazilian actor dancer singer Carmen Miranda coming up with hit moves, we in Bollywood had Helen, who became the first item girl of Indian cinema. Her cabaret dance numbers were more or less compulsory in every film in the 1970s, followed by Bindu, Aruna Irani and Kalpana Iyer introducing the country to international moves and the latest apparel. Cabaret ruled Bollywood for over a decade.

And then when John Travolta made Saturday Night Fever, our very own Mithun Chakraborty, dressed in golden pants and jacket and with his unforgettable pelvic thrusts, brought in Disco into India as the new age dance.

After Disco, Govinda brought in Break Dance in the 1980s and then Shah Rukh Khan with his charisma introduced Broadway Jazz in Dil Toh Pahal Hai in the 1990s. Post that there was no looking back for international dances in Bollywood.

I feel humbled to say that in the Karisma Kapoor and Rekha-starrer Zubaidaa and the Aamir Khan film Mangal Pandey: The Rising I introduced English Classic Waltz, in the Hrithik Roshan film Kites’I brought in Street Dance. We also managed to show Tango and Russian Folk dance Kozachok in the Priyanka Chopra film Saat Khoon Maaf. Of late, with films like ABCD 1 and ABCD 2, hip-hop is ruling the dance scene in Bollywood.

This does not mean that classical and folk dances have been left behind or they are not being used in Indian Films. Devdas, Bajirao Mastani and Ram Leela were all super hit movies that had loads of folk and classical dances in them and their dance moves are remembered till today.

Pooja Batra further added that for an actress learning dance is very important as most actresses have to dance in Bollywood films. Pooja said, “I have worked with the best choreographers including Saroj Khan and it made me realise how important dance was for me and for my career.” She further added that Folk dances were her favourite and she loved to dance to Bhangra and Marathi folk numbers.

Classical dancer Raghunath Mane said that “Study of Navarasa is very important for an actress or even for an actor, it helps them to emote well for any song, be it Indian classical, folk or western dance.” He even said that ‘if choreographers study bhav and navarasa it will add more value to the dance piece they choreograph in cinema today.”

After all the intellectual and serious talk about dance, I closed my talk by saying “If you wish to see the world unite and come together on one single platform then one should see a Bollywood film, because our films transport us to another world, a world which is filled with magnificent dreams. We in Bollywood make dreams come true.”

Pooja, Raghunath and I thanked the audience and while we were answering their inquisitive questions, a French lady got up and said, “This session cant be over so fast, it’s incomplete without us learning some Bollywood moves.” The crowd requested me to teach them some fun-filled latest moves. The dancer in me took over and I played the track Ladki Beautiful Kargaye Chull and the crowed danced like there was no tomorrow.

Many international journalists met me post the session and said it was the most informative and fun-filled session of the festival. Apart from the talk I walked the most talked and most scrutinised red carpet dressed in cloths by Deepak Shah of More Mischief and jewellery by Dev Balani of Malkish. It makes me feel truly humbled that Cannes film festival in association with FICCI invited me for a talk and gave me an opportunity to be the ‘Indian Ambassador of Dance’ at such a prestigious event.

Business Standard |

Viacom 18 raises its pitch online

A month and a half after it announced its intentions to launch a digital platform, Voot, Viacom 18 has released a multi-media campaign that taps into country's huge demand for watching videos online and leverages the network's large library of content. The advertising blitzkrieg, mounted at a significant but undisclosed cost, is also expected to be a bugle call to arch rival Star's digital play, Hotstar and a host of other similar services in the country's increasingly crowded video-on-demand (VoD) market.

The ads currently displayed prominently on outdoor hoardings, in print and playing on TV and online platforms show three people - a man, woman and child - unable to peel their eyes off their Voot screens. VoD is becoming a part of daily viewing habits for many and according to a Nielsen report on VOD (March 2016), two-thirds of their global respondents said that they watched some form of online programming at least once a day.

Taking cognizance of changing consumer behaviour, Viacom18 is going all out with Voot. And thereby, the network, a 50:50 joint venture between Viacom Inc and TV18, which is a listed subsidiary of the Reliance-Industries-owned Network18, is also sending out a clear signal about its future growth priorities.

After Hotstar, Voot's marketing exercise is possibly the most visible, experts tracking the market said. Gaurav Gandhi, chief operating officer, Viacom18 Digital Ventures, said it was important to stand out in a market that was getting cluttered by the day.

In the last one year, the over-the-top (OTT) or VoD market in India has virtually boomed with almost every leading broadcaster either stepping into the fray or announcing plans to do so. The spate of launches, say market experts, is not expected to halt there; the desire to grab both online eyeballs and digital advertising revenues is expected to push more players to launch VOD services. "Today's media landscape is complex, but the growth of video-on-demand programming services can create opportunities for all players in the media ecosystem," said Megan Clarken, president, Nielsen Product Leadership in the report.

Last week, Arthur Bastings, president and managing director, Discovery Networks Asia-Pacific, in a conversation with Business Standard admitted he was watching the evolving OTT space in India closely. "With a significantly young population and a growing penetration of smart phones, I don't think anybody can afford to ignore this (OTT) space," he said.

While the advertising opportunity on VOD is estimated to be around Rs 1,200 crore now, it is slated to touch around Rs 6,500 crore in the next two to three years, according to industry experts. Existing players then have no choice but to outshout each other, since the fight, as Gandhi indicates, will be for active users especially in an advertiser-supported environment, where content is free. "It is like what you see on television," Gandhi explains, "where the most tuned in channel is also the most sought-after by advertisers. Players will have to up their game on all fronts, whether content or marketing."

Viacom18 is pushing the envelope with 17,000 hours of content across languages and genres. While movies, drama, sports, international shows characterise some of the other platforms (read Hotstar, Netflix, ErosNow etc), Voot has a four-pillar strategy to woo consumers. The network will focus on comedy, drama, reality and kids shows.

Kids, explains Gandhi, are a clear differentiator. According to the FICCI-KPMG Media & Entertainment report (2015), the kids' genre is the largest genre after GECs and movies. Apart from moving its content from Nick on to Voot's library, Viacom18 is also working on original shows as well as looking at acquiring third-party content in that space.

On the advertising front, Voot is in the process of stitching up deals with advertisers. "That process is on right now, so I cannot give you details," Gandhi says. But media agency sources say that deals will see a combination of digital-only advertising for some clients and a combination pack for those that want both TV and digital advertising. Online, clearly, is the new battlefront for advertisers, content producers and television networks.

The Financial Express |

How social media news feeds have led to the rebirth of news

There are chances that you may have come across the ‘news’ story about a mango vendor who sees Katrina Kaif as competition to his business. This original Humans of Bombay (HoB) Facebook post was circulated across multiple media outlets — traditional, digital, digital-only, video and what not, to reach the consumer. Or you may have come across a post illustrating the bond between a father and daughter created by Snezhana Soosh, the source credited to the artist’s Instagram account, vskafandre.

Then there is this article about a Syrian refugee named Refaai Hamo or ‘The Scientist’ who was invited to the State of Union address (USA) earlier this year. His story made waves via a Humans of New York post. Or consider the travel images posted by the now famous on Instagram #FollowMeTo couple.

Today, we are bombarded by the ‘10 things that…’, ‘20 places you must….’, ‘15 things every Indian…’ type of listicles which make extensive use of images or gifs, don’t require a lot of text and guarantee a healthy number of shares. Can a traditional media outlet compete with that? And does it need to?

Gauging which story can be popular on social media is being influenced less and less by editorial-digital policies made by media desks or editors. On social, it is the medium that is dictating what the digital pages of ‘traditional’ media outlets carry, to an extent. When something is already popular online, the piece of content has already proved its worth, given a sense of the estimated readership and can be indicative, sometimes, of the profile of the consumer reading it. What’s left now for the media outlet to do is to play the catch-up game and bring that content to a much wider audience.

The death of news as we know it Media has come a long way with reference to the manner in which it sources news. Ros Atkins, presenter, BBC World News Television at FICCI-FRAMES 2016 said, “On my show (Outside Source), if there is a credible news story from, say CNN, I show it to our audience. We have realised that if we don’t do this, the audience will not come to us.” News or content sourcing has gone beyond the syndication model the industry has been used to. So, arriving at a content sharing model that is ever evolving for the digital space is what media houses are grappling with.

Platforms such as Buzzfeed, ScoopWhoop, tumblr and Instagram are in a position to offer variety content at a higher frequency than set media establishments looking to cement their presence online. This is the space where the audience becomes the publisher every time it pushes content ahead. Angad Bhatia, business head, Indiatimes Lifestyle Network, Times Internet, says, “With the proliferation of social media, the world of news and content distribution is way more democratic than it has ever been. There is a lot of focus on platforms, streaming services, aggregation apps, etc but very few are focussed on creating meaningful content for those platforms.”

Indiatimes, he says, has seen over 50% increase in customer engagement since it started putting out content curated for social media and its other digital platforms.

The numbers may be few but the increasingly fragmented distribution on digital and mobile requires third parties to help out the media houses. This space has been occupied by content or news aggregators. Dolly Jha, executive director, Nielsen India, states that the environment within which content is consumed is of utmost importance, especially for a time-conscious consumer. “This is particularly so for advertisers in this space, where aggregators have a mix of quick updates, notifications, short snippets, etc,” she observes.

Show me the money

The addition of a third party comes with its own set of processes. Now the media house, in effect, has to be seen carrying content that not only pulls in advertisers for itself but also to generate advertiser interest for the platform it has sourced the content from. Consider the page HoB inspired by Humans of New York. HoB’s content is picked up by media outlets on a ‘first published by’ basis.

The only monetary stream it currently has is its recently released book. The platform will consider more mainstream means of monetisation within the next four or five years, states Humans of Bombay founder Karishma Mehta.

Aggregators need to crack the monetisation model much sooner than social pages if they want to be seen as a viable means of long-term content distribution. In shorts, one such aggregator with a 74 member team led by Azhar Iqbal, is an example of where such players fit in. Azhar clarifies, “Our expertise lies in the development of product and technology, how fast we can deliver the experience, how well we can design the interface etc. We don’t want to be in competition with media.” The app, which delivers news in 60 word capsules, has a roster of five e-commerce players and over 30 content publishers. Monetisation plans are being worked on but the app plans to build its consumer base organically and not go the clickbait way. “User experience should not be compromised by clickbait. It is a short-term strategy which will only get you users the first time.”

Mobile Marketing Association (MMA)’s Mobile Native Advertising Guidance Report 2015 finds that when native ads were tested in Yahoo!’s premium content streams, they were found to have 23% higher ad quality scores and earned three times more time and attention than mobile banner ads. The report also states that 52% of active Pinners on Pinterest pull up Pins instore to guide purchase decisions and that 53% of daily users have purchased online or at a brick and mortar store because of a mobile native ad they saw on the platform. These may be global statistics, but a scale adjustment and estimations can give local publishers and advertisers some indicative milestones to reach for.

Jha cautions that knee-jerk reactions to moulding strategy heavily around native wouldn’t be advisable at this stage. In India, there are about 100 apps that account for more than 50% of cumulative reach, she adds. This is with the existing conditions of internet penetration. Milind Pathak, COO, Madhouse, notes that it is unadvisable to write off existing models and the equity that a media brand name carries with it. “On a general statement basis, traditional outlets are still leading the space. But the moment you go into news or content aggregator sites, the genres of content start changing dramatically. It isn’t one versus the other but depends on who best can fulfill a ‘content need’ at that particular time of the day,” he says. The tipping point, he adds, is trying to balance between domain knowledge (to cater to consumers looking for in-depth information on really specific issues) and the strength of the publication’s editorial forte.

Karan Gupta, founder and CEO, Andbeyond.media, sees the advertiser looking beyond the conventional numbers that earlier helped decide which publication to advertise with. “In the West, for publishers, it is more of a fulfilled value chain where everyone is moving together. That is what we don’t see in the Indian market or in APAC in terms of applying technology to help processes. They are either developing technologies in-house or developing partnerships to deliver to the advertisers.” A lot needs to be worked on from the publisher’s end too in terms of strategy. Gupta adds, “There are only a handful of publishers who have a cut-out social strategy of distributing content along with their traditional ways of distribution. Social in itself is a silo medium of content distribution. None of the publishers have a very pure-play social strategy.”

In a rush to crack what it takes to be the best and the fastest in the space, Bhatia warns against shortcuts. The onus, he says, is on the publishers to be transparent and fair in crediting the original source. Adding to that, scale is equally important with social networks shaping opinion by making content more democratic.

When a piece of content has had to originate from a social platform, grow organically, get noticed by the media, picked up and boosted further via distribution channels only to almost be on your timeline or phone, almost seen or clicked on, publishers can do well with going a step ahead beyond clickbait headlines or looping content through layers of ads. Because for attention, a publisher is competing as much with other media houses as it is with something like a 9GAG.

There is a lot of focus on platforms, streaming services, aggregation apps, etc but very few are focussed on creating meaningful content for those platforms

The Hindu Business Line |

Misguided animus towards IPL

The Indian Premier League (IPL) is the new celebrity victim on the block. Just because this business entails television screening of working professionals in an atmosphere full of fun and frolic, does it make it the ‘only’ non-essential business in these water-critical times?

It surely explains why we started counting the litres spent on watering cricketing-pitches but not the water required in the making of cars or beer.

Should we file a PIL against them as well? Consider this: when Tatas shifted their production base from Bengal to Gujarat it caused a national furore, whereas if BCCI is planning to shift its base for IPL to some other country, we just manage to raise an eyebrow?

Money ball

The American Appraisal India Pvt. Ltd, a brand valuation and a tax and finance advisory services company, estimated the economic value of IPL to be of $3.2 billion (in 2014), which translates to nearly ₹21,000 crore at today’s dollar value. Also, according to the recently published FICCI-KPMG Report on Indian Media & Entertainment Industry, IPL generated close to ₹800 crore of just advertisement revenue a year.

Now, if we just do some simple math based on the water consumption required to achieve the above levels of business for, let’s say, a car factory, IPL won’t even touch 10 per cent levels of water consumption required to produce those many cars, including the year-round maintenance of the grounds. Thus, just because we do not get to see how much water is consumed by other industries on television, we not only start thinking about the water required for the IPL pitches but also that it is a criminal waste of water.

The media and entertainment Industry in India is poised to grow at a CAGR of 13.9 per cent from 2014 to 2019, which is an impressive number by itself, let alone the comparisons, and television roughly contributes half of it. Researchers in sports economics of the developed world suggest that more than 70 per cent of the most popular television programs are ‘Sporting Events’.

As a nation, since we are a bit young at these league-format-sports on television it is difficult for us to appreciate the substantial contribution of events like IPL towards employment and value creation. Industries like media & entertainment, sports equipment, health and fitness, hospitality and tourism (to name a few) are the big beneficiaries from these sporting events.

In 2013, the CII and KPMG estimated the sports equipment market in India at ₹4,000 crore. Sport and related businesses are considered to be one of the few where the distribution and percolation of money is substantially more than many others.

Change mindset

The idea here is to not undermine any other industry but to help change our mindset about sports and media. A nation which is troubled by disguised unemployment and low productivity, especially of our agriculture sector, should wilfully and strategically encourage sports and sports-related businesses in the best interest of the country. Only if it is proven to be a good business can it absorb a sizeable workforce gifted with enough brawn to make a successful career instead of over-crowding the well-beaten academic route.

Acceptance and respect for sporting events like IPL will not only help many such unleash their potential and utilise their natural talent in a better way but also invariably improve the well-being quotient of our nation by a few notches.

Having said that, optimising water supply for IPL is still acceptable, if equivalent measures for optimising water supply are applied to all other industries deemed as ‘non-essential’ from water-criticality point of view. And if there are no such defined ‘non-essential’ industries (based on water consumption at water-critical times) then it’s high time we do so.

Understanding and appreciating sports as an equally respectable and value-generating industry is the need of the hour. A knee-jerk reaction based on some PIL filed against this particular business or industry is definitely not the right way of handling critical matters of the state.

The Hindu Business Line |

Gujarati cinema on revival path, box office mop-up zooms

Having suffered an alienation from the mainstream audience for decades, Gujarati cinema has quickly revived itself with renewed content and modern technology in line with its other regional counterparts.

This has helped Gujarati film industry record close to eight times rise in its box office collections in 2015, up from ₹7 crore in 2014 to ₹55 crore, showing the highest growth among all other regional cinema.

The remarkable success is seen attracting more entrepreneurs than ever before into Gujarati film making. At least 75-80 new Gujarati films are in the pipeline this year with most of them in urban setting.

“Unlike films in the past, there has been a spurt in urban-centric films with growing investment. Films such as Gujjubhai the great, Chhelo divas and Bey yaar have performed well at the box office,”a FICCI-KPMG Media and Entertainment Industry Report 2016 said.

Bollywood money

On the back of strong growth, in February this year, director Anurag Kashyap’s production house Phantom Films had tied up with Abhishek Jain, director of two blockbuster Gujarati films — Bey Yaar and Kewi Rite Jaish — to jointly produce Gujarati films. This provides a larger scale for Gujarati cinema.

“Gujarati cinema is undergoing a big revolution. The use of latest technology, music, sound, contemporary and fresh content has brought a complete makeover. The subject is more on urban setting that touches youth. We see a lot of individuals turning to become film entrepreneur to produce and direct films,” said Mrugank Shah, associate producer of latest hit Gujarati film, Gujjubhai The Great.

The penetration of multiplexes in smaller towns in past five years made it a winning proposition for producers. Gujarat has around 500 cinema screens now, of which new digital Gujarati films are released in about 350 screens.

State incentives

According to Shah, production costs have gone up from earlier ₹20-40 lakh to about ₹80 lakh to ₹1 crore for a digital A-grade Gujarati movie, but the same is partially compensated by State incentives in terms of subsidy upto ₹50 lakh. In February, 2016 Gujarat government increased the subsidy amount from earlier maximum ₹5 lakh to ₹50 lakh with additional incentive of ₹5 crore to National award winning films.

“With government encouragement and latest technology now, there is good scope for better and more Gujarati movies. However, one year isnt enough to measure the success. This trend has to continue with increased acceptability from the audience,” said Mayursinh Jadeja, producer of Apne to Dhirubhai, which ran for 52 weeks in theatres in 2014.

The earning prospects are further improving with several films being considered for overseas rights and digital rights.

Challenges persist

Meanwhile, the overall regional cinema continues to face challenges of uncertain profitability. As per the report, Tamil cinema produced 203 movies in 2015, but only 18 of that were profitable. Similarly, Telugu film industry, which produced India's highest grossing flick, Baahubali-The Beginning, had only 30 per cent of its 162 films profitable.

Shah maintained that for regional cinema’, the competition is not just Hindi movies, but also the easy and quick sources of entertainment on hand-held devices, which dissuade the youth from turning to a regional movie.

Bollyspice |

IIFA set to create a mega India Festival in Madrid, Spain

The International Indian Film Academy (IIFA) announced the 17th Edition of the most spectacular celebration of Indian Cinema globally to be held in the capital of Spain- Madrid from 23rd – 26th of June this year! Videocon d2h IIFA weekend 2016 festivities will include the FICCI – IIFA Global Business Forum, IIFA Stomp in collaboration with MULAFEST Urban Trends Festival, IIFA Rocks, along with the glamorous awards night, NEXA IIFA Awards 2016. Recreating the magic of Indian cinema, the 17th edition of the IIFA Celebrations will play host to some of the most celebrated stars of the Indian film industry, notable guests, and dignitaries from India and the region, world media and Indian cinema fans from across the globe.

Speaking on the occasion, Wiz Andre Timmins, Director – Wizcraft International Entertainment Pvt. Ltd, said, “2016 is an exciting year for IIFA to be hosted in Madrid as this year also marks the 60th anniversary celebration of India & Spain diplomatic relations. The platform of IIFA helps enhance the celebrations with a dynamic and diverse exchange of art, film, culture, music, fashion and business culminating into a gift of opportunity to bring both countries even closer together. The IIFA Weekend in Madrid is going to be a star-studded affair with excitement and anticipation growing hugely among the industry and more fans to come to Spain in June. It will be a magical and memorable time for locals and visitors that will get to witness the stunning performances live on stage at the spectacular IFEMA – Feria de Madrid. As ever this year is set to be a bigger and better extravaganza of entertainment than ever before!”

The highlights of the Weekend Festivities, the NEXA IIFA Awards 2016 hosts were revealed – the multitalented Farhan Akhtar and the versatile actor Shahid Kapoor. The awards ceremony in Madrid will witness awe-inspiring performances by Bollywood’s very own crème de la crème Salman Khan, Hrithik Roshan, Priyanka Chopra, Deepika Padukone and Sonakshi Sinha, among others.

Speaking on the occasion, Mr. Luis Cueto, Coordinador General de la Alcaldía de Madrid said, “It is a privilege for Madrid to host the 2016 IIFA Weekend & Awards. It is a unique opportunity that brings together the power of a spectacular show, the strength of an innovative touristic investment and the greatness of a cultural partnership. Madrid can’t imagine a better project for the city this year”.

Mr. RS Kalsi, Executive Director, Marketing & Sales, Maruti Suzuki India Limited said, “We are delighted to associate with NEXA IIFA Awards 2016 for the second year, last year we showcased our Premium crossover S-Cross at IIFA. This year we will showcase how NEXA is at the forefront of bringing innovation & delivering outstanding experiences. NEXA is not just an automotive brand but also a lifestyle brand. NEXA is all about newer and premium experiences, just like IIFA which builds lifetime experiences and felicitates excellence in Indian cinema at a global stage”.

Mr. Saurabh Dhoot, Executive Chairman – Videocon d2h says, “IIFA awards over the years have grown tremendously in terms of scale and extravaganza. This year’s Videocon d2h IIFA Weekend promises to be yet another milestone with lots of entertainment, glamour & innovation. Videocon d2h is today the 1st Indian media company to be listed on Nasdaq, USA. IIFA and Videocon d2h are perfect examples of Indian brands making a huge mark globally.”

Commenting on partnering with IIFA for the second time in a row, said Mr. Raj Nayak, CEO – COLORS, “IIFA 2015 was a thundering success. This year we intend to take this Bollywood extravaganza a couple of notches higher than last year. IIFA for Colors is not only a win-win partnership, but is also a social investment where we congregate the who’s who of the film fraternity under one roof away from India and give the global citizens a glimpse of their favorite stars. With the beautiful Madrid as the venue for IIFA 2016, we are looking at close to 600 million viewers from across the globe to regale in this extraordinary celebration of the Indian Film Industry on the Colors platform.”

Mr. Pankaj Munjal, Chairman and Managing Director, Hero Cycles Pvt. Ltd. added, “At Hero Cycles, we have long campaigned for Indian cities to be bicycle-friendly as a way to improve both the environment and cut down the consumption of fossil fuels, we now foresee a revolution of sorts when we see millions of Indians taking up bicycling as a lifestyle sport, recreation and a way of life. To usher in this change and promote this and much more, we believe IIFA is one of the biggest and best platforms to reach out to people and get their favorite Bollywood celebrities to inspire, and urge an entire nation to be healthier, physically active and enjoy outdoors and cycling today and forever”.

Excited to host the most coveted awards of Indian Cinema, the successful film maker, actor, musician and writer all rolled into one, Farhan Akhtar said, “I am looking forward to hosting the IIFA Awards with Shahid Kapoor and enthralling the audience all over again. We had previously hosted the 14th IIFA celebrations in the US and had a wonderful time so I am really excited to relive the experience and spread the magic of Bollywood especially in Madrid, Spain. IIFA goes a long way in broadening the horizon for the Indian film industry and the celebrations are something that we all eagerly await and I am super excited to be a part of!”

The FICCI- IIFA Global Business Forum 2016 is a part of the Videocon d2h IIFA Weekend, in Madrid and will be held on the 24th of June, 2016. Organized by FICCI and the Spanish Chamber of Commerce, The FICCI- IIFA Global Business Forum 2016 will see powerful minds coming together to address global issues of renewable energy and climate change. This year, the Business Forum at IIFA will hold a greater significance as it marks 60 years of relations between India and Spain. As a platform, the FICCI- IIFA Global Business Forum will be stimulating space for business between India and Spain and subsequently paving the way for better relations between India, Europe and Latin America. Highlights to include innovation and entrepreneurship, soft power, global issues of renewable energy and climate change.

Additionally, another facet of the IIFA extravaganza which is all set to make its way to Madrid, bringing together the best of Spanish and Indian culture is the IIFA Stomp in collaboration with MULAFEST Urban Trends Festival, organized by the MULA community and IFEMA with a line-up that underlines its electronic heart, with pioneering artists from the international scene- Indian DJs and musicians like Raghu Dixit Project, B.R.E.E.D, Midival Punditz featuring Karsh Kale and friends, and Nucleya, setting the stage on fire at MULAFEST that coincides with the 17th IIFA celebrations in Spain.

Commenting on the major announcements about the NEXA IIFA Awards, Anil Kapoor, Actor and Friend of IIFA said, “The NEXA IIFA Awards are one of the most coveted and honest awards celebrations. I have been closely associated with the Academy and have been a part of numerous IIFA journeys, but each time I am amazed by its grandeur and the effort that goes into making it what it is today. Having worked in international films, I have noticed that IIFA goes a long way in bringing out the best of the Indian film industry and presenting it before the world on this great platform. I was also in Spain for the announcement recently to see the warm welcome by the fans of IIFA there; I was swept away. So I am eagerly looking forward to the Videocon d2h IIFA Weekend and I’m sure it’s going to be more special than ever before.”

Mr. Anil Khera, CEO – Videocon d2h added, “Videocon d2h is proud to continue its association with IIFA for the 8th year in a row. Videocon d2h IIFA Weekend is a spectacular event celebrating talent in the entertainment industry and is a perfect brand fit for us. The IIFA Awards have striven to achieve a perfect balance of public opinion and critical appreciation across the globe. Videocon d2h will continue to support and encourage this endeavor to take Indian Cinema to a global audience.”

With the perfect destination to host the gala celebrations, the International Indian Film Academy is all geared up to unfold and present a breathtaking amalgamation of two richly diverse countries and cultures. IIFA 2016 aims at bringing the magic of Indian Cinema not only to Spain but to Latin America as well.

The Title Sponsor for the weekend celebrations this year are Videocon D2h, the Title Sponsors for the Awards are Maruti Suzuki and Hero Cycles are the Cause Partners. IIFA Awards celebrations will air exclusively on Broadcast partners, Colors TV.

Business Standard |

Farhan Akhtar, Shahid Kapoor, to host IIFA 2016

Bollywood stars Farhan Akhtar and Shahid Kapoor are returning as the host of this year's International Indian Film Academy (IIFA) awards after successfully anchoring the gala in 2014.

Farhan, who was in the capital to make the announcement sans his co-host, said he shares a great chemistry with Shahid and can't wait to take to the stage with the "Haider" star at the 17th IIFA awards to be held on Junes 25 in Madrid, Spain.

"I am looking forward to it. Hosting takes up a lot of time so I won't be performing. There is a lot of work to do and rehearsals to attend. Shahid and me will be toiling hard to make sure it is an entertaining experience.

"We have had a wonderful time in the past when we have co-hosted. There is a certain ease that we have and a very great chemistry," Farhan told reporters here.

The 42-year-old actor-singer-filmmaker in 2012 starred in Spain-set road trip movie "Zindagi Na Milegi Dobara" and he said he visits the country very often.

"I have fond memories of being in Spain especially having shot my movie 'Zindagi Na Milegi Dobara'. Even now when I plan my holidays I prefer going to Spain. It is a different experience and I am so happy that the country is hosting this year's IIFA," he said.

The awards ceremony will witness performances by Bollywood A-listers like Priyanka Chopra, Deepika Padukone, Salman Khan, Hrithik Roshan and Sonakshi Sinha among others.

Veteran Bollywood actor Anil Kapoor, who has been associated with IIFA for more than a decade now, said the upcoming edition of the awards ceremony is posed to be the biggest till date.

"This looks like it is going to be the biggest IIFA till date, looking at the scale of the events planned. Spain is a beautiful country. It is going to be very special year for us," the 59-year-old actor said.

"I had the good opportunity to go to Spain and I saw that there is a lot of similarity between the two countries."

When asked if his children, Sonam, Rhea and Harshvardhan will accompany him to IIFA, Anil said, "You can't force them to come along. They are busy with their own life."

The IIFA weekend 2016 festivities will include the FICCI-IIFA Global Business Forum, IIFA Stomp in collaboration with Mula Fest Urban Trends Festival, IIFA Rocks, besides the main awards gala.

"IIFA 2016 is special as it marks the 60 years of relations between India and Spain. IIFA and Madrid together will present a breathtaking amalgamation of two richly diverse countries and cultures.

"The aim is to bring the magic of Indian Cinema not only to Spain, but to Latin America as well. The IIFA Celebrations are all set to take over Madrid from June 23-26 June 2016," Sabas Joseph, director, Wizcraft International, which organises IIFA, said.

The Indian Express |

Salman Khan, Hrithik Roshan, Priyanka Chopra, Deepika Padukone to perform at IIFA 2016

It will be the celebration of Indian cinema in Spain when Bollywood stars like Salman Khan, Hrithik Roshan, Priyanka Chopra, Deepika Padukone and Sonakshi Sinha will perform at the 17th Edition of The International Indian Film Academy (IIFA) in June.

To be held in Madrid, capital of Spain, the four-day cinematic celebration will start on June 23. Bollywood stars Farhan Akhtar and Shahid Kapoor will host the gala night.

Farhan, who was here to announce the 17th edition of the film festival along with actor Anil Kapoor, can’t wait to share the stage with Shahid.

“We had a wonderful time. There is a certain ease and chemistry which we have with each other and I look forward to it,” he told IANS.

The 42-year-old is equally excited to visit Spain.

“I have fond memories of being in Spain especially having shot my movie ‘Zindagi Na Milegi Dobara’. Even now when I plan my holidays, I prefer going to Spain. It is a different experience and I am so happy that the country is hosting this year’s IIFA,” he said.

Anil, who has been associated with IIFA for more than a decade now, says that the forthcoming edition of IIFA is certainly going to be one of the biggest till date.

“India and Spain share a lot of similarities in terms of hospitality so, I can’t wait to visit Spain again. I think this is going to be one of the biggest IIFA till date,” said the 59-year-old.

Recreating the magic of Indian cinema, the 17th edition of the IIFA celebrations will play host to some of the most celebrated stars of the Indian film industry along with global faces. One will also witness power-packed performances by Salman, Hrithik, Priyanka, Deepika and Sonakshi among others.

Wiz Andre Timmins, director – Wizcraft International Entertainment Pvt. Ltd, says that“2016 is an exciting year for IIFA to be hosted in Madrid as this year also marks the 60th anniversary celebration of India and Spain diplomatic relations.

“The platform of IIFA helps enhance the celebrations with a dynamic and diverse exchange of art, film, culture, music, fashion and business culminating into a gift of opportunity to bring both countries even closer together. It will be a magical and memorable time for locals and visitors that will get to witness the stunning performances live on stage at the spectacular IFEMA – Feria de Madrid,” said Timmins.

The IIFA weekend 2016 festivities will include the FICCI-IIFA Global Business Forum, IIFA Rocks, besides the main awards gala.

Another facet of the IIFA extravaganza is bringing together the best of Spanish and Indian culture in the form of IIFA Stomp in collaboration with MULAFEST Urban Trends Festival, organized by the MULA community and IFEMA.

Speaking on the occasion, Luis Cueto, Coordinador General de la Alcaldía de Madrid said: “It is a privilege for Madrid to host the 2016 IIFA Weekend and Awards. It is a unique opportunity that brings together the power of a spectacular show, the strength of an innovative touristic investment and the greatness of a cultural partnership.”

The Indian Express |

Different playing field: Discovery’s Rahul Johri is new BCCI CEO

The Indian cricket board has appointed Rahul Johri, who won the ‘CEO of the year’ award in 2013 at the Broadcasting India awards, as its first chief executive officer. Joshi, who served as Discovery Networks Asia Pacific’s executive vice-president and general manager for South Asia, will start his new role from June 1 where he will be responsible for “smooth functioning of operations, stakeholder management and building robust strategies for promoting of sport.” Johri will report to the BCCI secretary Anurag Thakur.

Johri has a previous IPL connection, of sorts. In 2010, following his idea, the lifestyle channel Discovery Travel & Living produced and broadcasted a 10-episode show called – Living With A Superstar—Shahrukh Khan. Four of its episodes revolved around Kolkata Knight Riders. Titled ‘The king and his knights’ it took the viewers behind the scenes and on the road with the team, covering an season. The Shahrukh show was said to cost the channel 25 crores, the costliest show produced by Discovery until then.

It’s interesting to see that BCCI has landed on a candidate whose professional competency and hard-earned reputation will be seen as above board by most people. The background of his appointment is well known. In January 2016, the Supreme court nominated Lodha committee had recommended the appointment of CEO, and even detailed out the structure. “There would be a maximum of six managers to assist the CEO who would have expertise primarily in the streams of Operations, Finance, Technical, Compliance (legal), Human Resources and Media. The CEO would be on contract with the BCCI and have a fixed tenure of five years (unless the contract is terminated by mutual agreement or by a 3 months’ notice by either party), whereas the Managers will be career employees.”

For its part, the BCCI has said that appointment of CEO and CFO posts was part of the ‘Project Transformation’ they have initiated to improve governance.

Johri has had a chequered career with Discovery, and is known to be the man who turned around a channel perceived as ‘educational’ to a 11-channel bouquet – a network of infotainment offering a host of non-fiction content, an award-wining makeover widely respected in the broadcasting industry. Johri is also a Board Member and Treasurer of Indian Broadcasting Foundation (IBF). He is also a member of the media and entertainment committee of Confederation of Indian Industries (CII) and member of the Media & Entertainment Division of Federation of Indian Chambers of Commerce and Industry (FICCI).

Bucking the trend

Johri was instrumental in bucking the trend of channels being free-to-air, choosing to deliver paid content. “We won’t come like cowboys and buy carriage. We won’t do an FTA (free-to-air channel). There are channels which are pay and then pay carriage, so they pay more than they collect! We believe in the finest quality of content that consumers will pay for. If you do an FTA, you have to target only advertiser. Therefore content becomes more sensational because you need more eyeballs,” he said in an interview in 2011.

He made Discovery channel from a niche operator to a mass channel, that was delivered in five languages. “It is 20 per cent bigger than Aaj Tak and is among the top 10 in the country on reach. (Aaj Tak is India’s biggest news channel in viewership, nationally). It is bigger than all English news channels put together,” he said.

He was once asked about handling pressure from the parent network. “If I haven’t, I wouldn’t have been sitting here,” was his reply. In the time to come, that’s a question he will be asked – about handling negative perceptions about BCCI, about pressure from the board itself, and importantly, from the fans.” Can he come up with the same reply in couple of years’ time?

live mint |

Geo-targeting: The way forward for TV advertising

A television viewer in Meerut and another in Mumbai may be watching a cricket match on the same sports channel, but the two may not necessarily see the same television commercial when the channel takes an ad break. For the detergent brand that appears on the channel in Meerut does not have a market in Mumbai and wants to restrict its promotion to Uttar Pradesh.

Some years ago, this kind of a split in advertising messages may not have been possible. But today geo-targeting of ads is growing rapidly enough for the KPMG-FICCI report on the media and advertising industry to take note of it. The report, titled The Future: now streaming, was released last month.

“Advertisers can choose to air different ads on the same channel in different regions to maximise the impact and reduce costs…Geo-targeting can help attract new advertisers, especially small businesses and regional players…to launch advertisements exclusively in their concerned region of operation,” the report said.

“Currently, geo-targeting contributes to a very small portion of the TV advertising pie but industry participants expect its share to increase significantly,” it added.

Media other than television is already sharply targeted. Newspapers have local editions, FM radio stations are city-specific while billboards are area-specific. Even the consumption of media on Internet-enabled devices is personalized. Now, backed by technology, the television business—which did not have options for targeted advertising earlier—is undergoing a transformation. Internet devices and IP (Internet Protocol)-connected set-top boxes are enabling targeted advertising on TV. And at least two companies are working on promoting geo-targeting.

While AdSharp was launched by Star India in 2014 for its own network of channels, Amagi Media Labs was founded by three engineer-entrepreneurs in 2008.

Business for the company picked up in the last three years, says Amagi co-founder Baskar Subramanian. Currently, the company works with 25 channels including Times Now, ET Now, Romedy Now and Zoom in the Times Network as well as those in the Zee Entertainment network. The media-tech company also works with Colors, the Hindi general entertainment channel of Viacom18.

Ad spots are replaced in different markets with the help of Amagi’s unique patented watermarking technology. The process takes place after the channel signal is received at the cable operators’ headends.

On the one hand, this provides a platform to small brands to advertise on national TV channels. On the other, it helps large advertisers to optimize media spends and increase their share of voice in priority markets. Over 2,500 advertisers including small and medium regional advertisers have successfully used the Amagi platform, says Subramanian.

In Bangladesh, for instance, Amagi inserts local ads in Zee Bangla, the regional language entertainment channel from the Zee Entertainment network. Similarly, a national sports channel could, perhaps, carry a 7Up Nimbooz Masala Soda ad just in Punjab or a Santoor soap commercial in all of Maharashtra except Mumbai. Such targeted insertions prevent spillage and the advertising reaches the relevant audience in the desired territory. Clearly, geo-targeting minimizes wastage as it enables segmented marketing. It not only helps advertisers to target special geographies, it also saves brands money as it results in efficient buying of commercial airtime.

Earlier this month, Amagi also launched a similar product for over-the-top content or video-on-demand services. For example, if two people are watching, say, VOOT, on their mobiles, they may see different ads during the ad breaks. VOOT is the video-on-demand brand from Viacom18 Digital Ventures.

The ads served to different people will depend on their individual online interests, which are aggregated by data management platforms. Video is the next big frontier in geo-targeting, Subramanian says he believes. He adds that there has been a dramatic change in geo-targeting of ads on TV as well. In the next three years, he expects 15% of all TV spend to become targeted.

Last but not the least, this technology could be used for splitting programming on TV as well, based on different geographies. To be sure, Amagi is already offering the facility in other countries where it inserts different shows in a channel for different regions. For two-three hours in a day, the programming on Sundance TV in Brazil is different from the shows that are telecast on the channel for the rest of Latin America, says Subramanian.

This could be the future in India as well, especially with the growth in rural audiences that are now being recorded by the viewership monitoring agency. Channels could soon have different prime-time shows for rural and urban India or the big metros and small towns. For now, however, there is no clarity on whether Indian regulations allow such programming splits on the same TV channel. But the possibility of such programming segmentation, given the increasing fragmentation of audiences, could be an immensely exciting proposition for broadcasters.

The Hindu Business Line |

Quirky movie promotions to get box office ringing

Film-makers are leaving no stone unturned to create a noise about their movies. From multi-lingual songs to offbeat marketing activities, film-makers are finding ways to improve box office collections and hold their sway to digital-empowered consumers.

Yash Raj Films recently came up with a unique multi-lingual song for its upcoming film Fan. The production house has created a song ‘Jabra Fan’ for the Shah Rukh Khan-starrer to capture the spirit of fandom.

Following the success of the song’s Hindi version, YRF released ‘Jabra Fan’ in eight regional languages to reach out to a larger audience. Dubbed in Tamil, Telugu, Bengali, Gujarati, Punjabi, Marathi, Oriya and Bhojpuri and Arabic, YRF has roped in the most popular regional playback singer from the respective State for a larger impact.

Film analyst Komal Nahata said that, “It is a very intelligent strategy by YRF as the move intends towards giving a local flavour and connects with the audience instantly. The songs have gone viral, thus, speaking volumes about their popularity and connect with the local or regional audience.”

He, however, said that it would be difficult to gauge as how much of this will translate in the box office collections, but the movie is estimated to garner over ₹25 crore on the opening day.

An YRF spokesperson said that, “We have always pushed the boundaries when it comes to reaching out to cinema audience and localisation of content helps make this even more effective.”

Similarly, the recently released The Jungle Book has curated two specially tailored ‘Mowgli Trails’ itineraries in association with Taj Safari. The trails will be organised at its lodges in Pench and Kanha National Parks, Madhya Pradesh, India.

According to film analysts, movie promotions today are probably as important as the film itself. The need for visibility and the desire to generate curiosity around the film make stars and film-makers adopt quirky promotional strategies. According to FICCI, movie promotion accounts for as much as 40-50 per cent of the overall movie budget.

Regional content

A recent FICCI-KPMG report said Bollywood is constrained by the slow pace of screen growth and also has been facing increased competition from Hollywood and regional content. Better performance at the box office by regional films has also resulted in increased budgets and marketing spends.

Experts feel that growing regional content is also a trigger why production houses are looking at promoting movies through regional content.

Last year ahead of the theatrical trailer of Sunny Leone's Ragini MMS-2 was launched on various adult websites. When asked about this unusual promotional strategy, the makers said that they wanted to do something that has never been attempted before.

This was the first time that the trailer of a mainstream Indian film was released on adult sites. The film's producers clearly cashed in on Leone's adult star status.

Bipasha Basu, who is being billed as the queen of horror films, promoted her 2012 film Raaz 3 by distributing neembu-mirchis (lemon and chillies) to the Mumbai autowallas.

While promoting her film Bobby Jasoos, Vidya Balan dressed as a beggar and sat among the beggars outside the Hyderabad Railway Station. Similarly, Aamir Khan went on an incognito mode and interacted with audience in small towns before the release of Three Idiots.

The Hindu Business Line |

The picture's changing rapidly

On the surface, it does seem that not much has changed in the last several years except for some incremental growth or decline depending on which vertical you are talking about in the media and entertainment business. Cable TV continues to struggle — to improve its business case, to improve its talent and technology quotient and, above all, to stay relevant in a rapidly changing world.

DTH, which set out to revolutionise distribution, increasingly seems to be intent on locking its destiny inside an isolated box in a networked world. Even the story of digitalisation that started six years ago remains incomplete.

The advertising revolution of the 90s, when a large number of international and Indian brands were built on television screens, doesn’t seem to be breaking new ground. Content creators, a community that I belong to, generally seem to be caught in a time warp with the same themes playing in a loop again and again — cursed destinies, rebirth and revenge, and deference to elders in public while bickering in private, pretty much sums up what rules national entertainment.

The quality of news, of course, seems to cause only national consternation, with even our friendly neighbour now taking a pot-shot at our news channels! Over all, it seems the more things change the more they remain the same.

Big-time changes

But then is the picture really as gloomy as this? Because beneath the surface of entrenched stagnation, quietly — almost stealthily — there is a gigantic disruption playing out.

Very recently, one of the pioneers of television entertainment told me that she was so frustrated by the frozen state of traditional media that she was going to create a digital enterprise to tell the stories that traditional media has been too scared to tell. I am talking about the totally adorable Ekta Kapoor. Think about that for a moment — the person who created the archetype of saas and bahu feels the need to break away from these stifling constraints of the medium that she herself created.

This colossal shift is by no means limited to television. At the risk of earning her disapproval, let me share the story of my daughter — she is always on top of news and opinion articles and yet I have never seen her hold a physical newspaper in her hand. Her daily dose comes exclusively from the digital universe. Fixed schedule programming sounds as bizarre to her as silent movies to us. She is obsessed with music but doesn’t own a single CD. Her near infinite library rests entirely on her iPhone — the same goes for her friends and colleagues who use android devices. This generation makes a large part of our audience.

Hot launch

The most talked about launch in Indian M&E last year was not a new channel, or a new newspaper or a new production house — it was a mobile app that had the gall to ask consumers to go solo — Hotstar. Last year, more people watched the English Premier League on Hotstar than on television. The antiquated business models we have painstakingly built over the years are being decimated by technology and the youth like a bulldozer rolling over glass bottles. Almost all the digital successes come from companies that did not exist even a decade ago. This is because these are companies and people who are not chained by their legacy. Just imagine where businesses such as Netflix, Twitter and Facebook were a decade ago and what global empires they have created in this short span of time.

There is a tectonic shift happening in our M&E industry right in front of us. There is one thing, however, that will continue to be the same: the power of stories. For those of us who had imagined a world where the so-called user-generated stories would unseat high quality creativity, the answer comes from the Netflix strategy, so much so that Netflix’s catalogue today represents the absolute best of American television.

Tale-twister

However, there is a twist in the tale. No longer is the story enough, within the commoditised consistency of experience. Technology and creativity are coming together to enhance the experience literally, almost daily. Design and engineering can no longer be divorced from the story — this is a radical departure from everything that we were taught all these years. Engineers, designers and storytellers are the three pillars on which we see future M&E companies getting built. We need to change the lens with which we look at talent. Technology going global, talent going global also means adoption of a new tradition. Clearly, in this new world, neither technology nor talent will be limited by geographical boundaries.

Clearly, we are in a battle. In this battle there are only two options — we can either continue living in denial, or we can arm ourselves and venture forth into the battle, sometimes even against the same businesses that we have created. Change or perish.

The writer is the chairman of FICCI’s Media and Entertainment Committee and CEO of Star India

The Hindu Business Line |

Ads fuel entertainment, media sector growth

The media and entertainment (M&E) industry in India is set to grow at a CAGR of 14.3 per cent to ₹2,260 billion by 2020, led by advertising revenue which is expected to grow to ₹994 billion at a CAGR of 15.9 per cent. Digital advertising grew 38.2 per cent over 2014 as a rising Internet user base and data usage were supplemented by marketers spending more on it. These findings are part of the FICCI - KPMG Media and Entertainment industry report 2016.

By 2020 the digital advertising market is likely to scale up to ₹255 billion and contribute to 25.7 per cent of total advertising revenues. Mobile and video advertising will account for a higher share of digital media spending.

According to the report, the M&E sector grew by 12.8 per cent from ₹1,026 billion in 2014 to ₹1,157 billion in 2015. Overall advertising grew by 14.7 per cent from ₹414 billion in 2014 to ₹475 billion in 2015. The television sector witnessed strong advertising-led growth at 17 per cent with increase in e-commerce spends. At 7.6 per cent, the print industry witnessed a marginal slowdown in 2015 compared to 2014 – an election year.

The regional print market continues to have a bright future, especially with the government’s recent rural-friendly Budget and newer categories like e-commerce likely to help publications in tier II and tier III markets. “ The radio industry grew at 15.3 per cent in 2015, and is projected to grow at over 16 per cent for the next few years, driven by the implementation of Phase 3 of licensing. The 4G rollout, ‘Digital India’ initiative and private initiatives for broadband Wi-Fi availability at public places are likely to catalyse the growth of Over-the-Top (OTT) services – several of which were launched in 2015.

The Financial Express |

Media and entertainment: Digital to bloom further

India’s media and entertainment industry is all set for a paradigm shift, with digital advertising spends expected to grow at an annual rate of 33.5% over the next five years, as the overall industry size increases by 14.3%, according to a FICCI-KPMG study.

The report, titled The Future: Now Streaming, analyses growth in the media and entertainment industry, forecasting it to grow to Rs. 2,26,000 crore by 2020, with TV contributing the highest Rs 1,09,760 crore, followed by print (Rs 41,250 crore), digital advertising (Rs 25,520 crore) and films (Rs 22,730 crore). A further analysis of data shows that, in terms of advertising revenues, while TV would lose only 2% market share till 2020, print—continuing with the trend seen since 2010—is expected to lose more than 11% share to digital advertising. In fact, digital advertising revenues have increased 9 percentage points over the last half a decade, from 3.8% share of total advertising spends in 2010 to 12.7% in 2015, with share expected to double to 26% in 2020.

The report highlights that with only 27% of the country connected via internet and local language barriers, digital advertising would still take some time to catch up with print. A growth in digital advertising would not only diversify the market for entry by new players, but also open up a new revenue stream for the government, which is working on a equalisation levy for digital platforms that do not have a permanent establishment in India.

The Financial Express |

Govt to go ahead with digitisation plan

Even as the implementation of digital addressable system (DAS) has been stayed in several states, the government on Friday said it will stick to its plan of rolling out digitisation in Phase-III and IV markets. "We are totally committed to digitisation. When we stopped to give the third extension after December 31, some of the cable associations have obtained stay orders from High Court. We have gone to the Supreme Court to plug all these litigations," Ministry of Information and Broadcasting Secretary Sunil Arora said at the 'FICCI Frames' event in Mumbai. "We will absolutely stick by the timetable given to us. If someone has put a stay order, we cannot do anything about it," he added. The ministry had extended the deadline to implement digitisation in the Phase-III markets to December 31, 2015, from December 2014.

millenniumpost |

'Govt aims to make India media, entertainment hub'

Information & Broadcasting Secretary Sunil Arora on Friday asserted that the Ministry was guided by the ‘minimum government, maximum governance’ philosophy and remained committed to promoting ease of doing business in media and entertainment sector.

“One of our primary objectives is to bring down the number of visitors to Shastri Bhavan to a trickle. Move towards less regulation and facilitate India to become the hub of media and entertainment industry,” Arora said during an interaction with Uday Shankar, CEO STAR India and film-maker Ramesh Sippy at the FICCI Frames 2016 in Mumbai.

Arora said clearance for new TV channels had been expedited over the last six months under a liberalised regime. He said the MHA had agreed to most of the suggestions made by the I&B Ministry about liberalising several conditions. He said the government was committed to digitisation programme, but expressed concern over less than 10 per cent share of Indian made Set Top Boxes.

The Economic Times |

I&B ministry to come up with new proposals for FM radio auctions

The information and broadcasting ministry is preparing a new set of proposals for the next batch of private FM radio phase III auctions, secretary Sunil Arora said at the three-day media and entertainment industry conclave FICCI Frames in Mumbai on April 1.

He said that on the basis of the learnings of the first batch of auctions, which took place last year, the ministry will go to the Cabinet with the new proposals on lock-in period and reserve price.

The three-year lock-in period was a bone of contention for the existing radio broadcasters as the current policy mandates that the shareholding of the largest Indian shareholder in a radio broadcasting company cannot be reduced below 51% for a period of three years from the date on which all the channels allotted to the company holding permission stand operationalised.

In his address, Arora said that the ministry was also guided by the "minimum government, maximum governance" philosophy and remained committed to promoting ease of doing business in the media and entertainment sector.

"One of our primary objectives is to bring down the number of visitors to Shastri Bhavan (the ministry's office) to a trickle, move towards less regulation and facilitate India to become the hub of media and entertainment industry," he said.

Talking about clearances to film industry for shooting, Arora said that the government is easing the process of security clearances to allow greater flexibility for the film fraternity.

Underlining the challenges for making India a global media and entertainment hub, he said that the theatre density in the country leaves a lot to be desired and there is need to increase the number of theatres. On the taxation side, he said that the levies will be rationalised automatically once the GST (goods and services tax) is in place.

The secretary raised the issue of lack of domestic manufacturing of set-top-boxes, saying that the electronics industry needs to play a critical role in stepping up the production of set top boxes in India. Less than 10 per cent set top boxes are manufactured locally at present.

Arora said that the government is setting up a Film Facilitation Office for the benefit of both the industry and the government. To promote the media and entertainment industry in the states, a new award 'Most Film Friendly State' has been conceived, he said. This year, Gujarat will be felicitated with the award.

The Sikh Times |

Turkey's state broadcaster to ink pact with Doordarshan

Turkeys state broadcaster TRT (Turkish Radio and Television Corporation) has agreed to sign an MoU with the public service broadcaster, Doordarshan, for future content collaboration.

An official delegation of Turkish companies, led by the Istanbul Chamber of Commerce Tourism, attended FICCI Frames 2016 here, to promote collaboration in cinema and television sector between India and Turkey.

"The Turkish delegation is very encouraged with the initial response at the three-day conclave and Turkey is predicting content exports of USD 20 million to India by 2018," Ambassador of Turkey to India, Burak Akcapar said in a statement.

To strengthen its ties with Bollywood, Turkish delegations also had a meeting with the Mumbai Academy of the Moving Image (MAMI).

Garhwal Post |

National Centre of Excellence and film facilitation office for media and Entertainment industry in the offing: Ravi Shankar Prasad

India's talent combined with the power of Information Technology would act as a springboard to launch India into the big league, said Mr. Ravi Shankar Prasad, Minister of Communications and Information Technology, while inaugurating the 17th edition of FICCI FRAMES on the theme 'Change or Perish - The Year of Digital'.


Mr. Prasad said that the Government of India recognized the importance and relevance of promoting media and entertainment industry. Hence, visa processes were being eased for film shootings. Besides the National Centre of Excellence was coming up for the media and entertainment industry and a new film facilitation office was also being set up. He added that a new category in National Film Awards - Most Film Friendly State - has been introduced to felicitate the state that provides greater access to the film industry.

The Minister said that for the government campaigns like Make in India, Skill India, Digital India and Smart Cities, digital was the foundation. He added that to bridge the digital divide in the country, there was a need for empowering India digitally.

Mr. Prasad said that India should create content for global consumption and deliver outstanding content quality. He suggested that the epic stories of Ramayana and Mahabharata should be taken to the world via quality film making. He added that existing TV ranking system was not very reliable, therefore, there was a need for a structured, fair and reasonable system to allow creation of quality content.

On the occasion, Mr. Prasad along with the other dignitaries released the FICCI-KPMG Report, 'The Future: Now Streaming'.

Mr. Mukesh D. Ambani, Chairman, Reliance Industries Ltd., said that India was poised to become a USD 100 billion industry in the coming decade but still ranked 150th in access to internet and mobile. He added that this would soon change with the coming of Reliance Jio, which is one of the largest green field digital start up in the world. Jio would enable India to rank among the top 10 countries in mobile access with its enhanced coverage, service quality, data quantity and capacity and affordability.

Mr. Ambani said that Jio will start its coverage with 75 percent population when it is rolled out later this year and will go up to 90 percent by 2017. He added that currently only 15-20 percent population is covered. With Reliance Jio browsing speeds will also be enhanced by up to 40-80 percent. Mr. Uday Shankar, Chairman, FICCI Media and Entertainment Committee and CEO, Star India, said that Star's mobile app Hotstar became a pioneering app which had five crore downloads.

This exhibited that the digital consumption was voracious and there was a need to be creative to encourage new content for the emerging digital platforms. Mr. Shankar said that India cannot remain in a state of denial as the world was changing and it was time India adopted and embraced digitization. Power of stories will remain and breaking away from the traditional media, the digital media was making way for new stories. He added that talent and technology was not bound by geography any more.

Dr. A Didar Singh, Secretary General, FICCI, said that this year delegations from almost 20 countries were participating in FICCI FRAMES. The flagship event of FICCI in the media and entertainment sector was in its 17th year and has been moving ahead with the support from the government.

The vote of thanks was presented by Mr. Ramesh Sippy, Co-Chairman, FICCI Media & Entertainment Committee.

Also present on the dais were Mr. Francis Gurry, Director General, WIPO; Mr. J B Perrette, President, Discovery Networks International and Ms. Aditi Rao Hydari, Film Personality.

millenniumpost |

Barc to broaden TV rating system to include laptops and cell phones

A day after government criticised the present television rating system, the Broadcast Audience Research Council (Barc) said it is planning to measure audio-visual content across platforms such as mobile phones and laptops to offer a more composite study from next year.

“We are moving towards a cross-platform system to measure audio-visual content across platforms such as mobile phones, iPads, laptops, over-the-top platforms to put out a more composite study from next year,” Barc Chief Executive Partho Dasgupta said here on Thursday. “The technology is not so difficult as we have already cracked that, but some companies keep data close to their chest. So we’ve to figure out how we can co-operate with them. We are working towards that,” he said at ‘FICCI Frames’, the annual gathering of media and entertainment industry. Addressing the same event yesterday, Union IT Minister Ravi Shankar Prasad had said he was not impressed with the current TV rating system.

“Television ranking must become fair and researched. I don’t know what happened now. Whatever alternative bodies have come in, I am not impressed by that. How can a few hundred boxes determine which programmes are better and which are not?” Prasad said in his inaugural address at the event. Though he said the government did not want to get involved in the system, he underlined the need for better and more credible methodology of TV ratings. Barc India was set up in 2012 with the specific purpose of designing, commissioning, supervising and owning the television audience measurement system.

It is jointly promoted by three apex industry bodies -- Indian Broadcasting Foundation (60 per cent), Indian Society of Advertisers (20 per cent) and Advertising Agencies Association of India (20 per cent). For around eight months, the new agency co-existed with its predecessor TAM, which had a monopoly on television ratings measurement, and it began reporting weekly data from April 2015.

Deccan Herald |

'Digital advertising market to scale up to Rs 25.5k cr by 2020'

The media and entertainment (M&E) industry in India is poised to grow at a CAGR of 14.3% to Rs 2.260 billion by 2020, led by advertising revenue which is expected to grow to Rs 994 billion at a CAGR of 15.9%, according to projections made by FICCI - KPMG Media and Entertainment industry report 2016.

Digital advertising continued its strong run with 38.2% growth over 2014 as a mounting Internet user base and data usage were supplemented by increased spend allocation by marketers.

The report suggests that by 2020 the digital advertising market is likely to scale up to Rs 25,500 crore and contribute to 25.7% of total advertising revenues. Increased share of mobile and video advertising as part of digital media is one of the things to look forward to as well.

Speaking at the inaugural session of FICCI Frames 2016, A Didar Singh, Secretary General, FICCI said, “We are going through a phase of rapid and sustained technological innovation which will permanently change the way consumers will access and consume content. The theme of this year’s FICCI conference is ‘Change or Perish: The Year of the Digital’ aptly captures the pitfalls that Media and Entertainment (M&E) organisations face. Changing user habits will disrupt existing business models as content providers and brands will need to match consumer expectations. While this will pose multiple challenges, we believe that there are significant opportunities for M&E companies to leverage the new digital ecosystem.”

Key highlights of the year 2015 include implementation of a viewership measurement system by Broadcast Audience Research Council (BARC) with the impact on budget allocations for advertising among channels only just starting to change.

“Print saw a slower growth in the past year but TV and digital advertising have exceeded expectations. With the wide rollout of 4G finally underway, coupled with the ‘Digital India’ initiative, the future of digital advertising is very bright. The film sector also returned to growth in 2015 but led by Hollywood and regional rather than Hindi” says Jehil Thakkar, Partner and Head of Media and Entertainment, KPMG in India.

Business Standard |

Connecting biz with films

According to the FICCI-KPMG Indian Media and Entertainment Industry Report 2016, the film industry grew 9.3 per cent in 2015, coming off a flat year in 2014. While Bollywood remained flat, the growth was driven by regional and Hollywood films. The perceived volatility of the business and high risk to reward ratio is a problem for the organised financial investors, private equity funds and venture capitalist funds.

Film industry experts say that getting institutional funding has been a difficult feat, even in the best of the times. “While it may seem like a bleak picture, the fact remains that finally business models are moving in the right direction. As an industry, we need to get our act together, change the perception of being a very volatile and unpredictable industry and prove the merit of rewards for institutional investors,” said Vijay Singh, chief executive, Fox Star Studios.

Only a handful of funds have been set up to invest in films. Most such funds are either inactive or take up very few projects. Some of the funds are the Third Eye Cinema Fund (2014), Vistaar Religare (2008) and Dar MentorCap (2012).

Ajit Andhare, chief operating officer, Viacom18 Motion Pictures, believes that funding is not the issue, thanks to corporatisation. Most of the big films are produced or co-produced by MNC studios. “The issue is returns on the funding. For anyone to invest money in a venture, the Return On Investment (RoI) is the main criteria. This is where the problem starts because the RoI is mitigated by two things — revenue and cost. On the revenue side, we area heavily taxed industry — almost 30 per cent (of box office collection) goes towards entertainment tax. On the cost side, most of the money spent is not being redirected into the industry, but is being used for getting a bigger car or plusher flat,” he said.

Sameer Gupta, founder of Cinema Capital Advisory, the management company which set up Cinema Capital Venture Fund (CCVF), said traditional valuation methods will not work in the film industry. “You cannot ask a home grown production house like Dharma or YRF to look at their balance sheets and come at a valuation since there are a lot of intangibles to consider.”

The industry agrees that to attract funding from private equities and venture capitals, the perception needs to change. This, say experts, can be done by making the script (and not the talent) the centre of the project, thereby appropriating costs accordingly, bringing more transparency in transactions and expanding monetisation opportunities. However, a major hurdle for the theatrical revenue stream continues to be the low screen density.

India has around six screens per million people, compared with 126 screens per million in the US and 23 screens per million in China. Experts believe that while the top multiplexes command a value proposition, they cannot be expected to drive screen volume growth in the country. Therefore, two areas can be considered for screen growth — retrofitting existing single screens and tapping into territories that are without any movie screen.

Director Rakeysh Omprakash Mehra suggests a family film-going centred approach where low-budget films can be screened in a ‘haat-like’ structure. “My ambition is to see 10,000 such screens in the next three to five years. The reason most people shy away from the exhibition business is that it takes a lot of investment. But this model can focus on more economic investments and look at the traditional family outing experience for which ‘haats’ are famous in tier-II and semi-rural/rural territories,” he said.

Girish Menon, director – deal advisory, KPMG India said there is a direct correlation between the number of screens and the revenues. “Retrofitting single screens is a good option in the short term. If we look at retrofitting 75 per cent of the single screens (around 6,000 in total), we are looking at around 10,000 screens in the country, which is a good start. This has started happening in the South which is more enthusiastic film viewing audience, but needs to pick up pace,” he said.

Experts say that a more pressing reason to increase the screen count and the overall cinema-going experience is to make sure that the industry can capture the audience and monetise content before the audience accesses it through illegal means.

Business Line |

'Digital advertising set to scale new highs'

The media and entertainment industry in India is poised to grow at a CAGR of 14.3 per cent to ₹2,26,000 crore by 2020, led by advertising revenue which is expected to grow to ₹99,400 crore.

Digital advertising continued its strong run with 38.2 per cent growth over 2014 as a mounting Internet user base and data usage were supplemented by increased spend allocation by marketers, according to FICCI-KPMG Media and Entertainment industry report 2016.

The report suggests that by 2020, the digital advertising market is likely to scale up to ₹25,500 crore and contribute to 25.7 per cent of total advertising revenues.

Increased share of mobile and video advertising as part of digital media is one of the things to look forward to as well.

The report indicated that the key highlights of the year include implementation of a viewership measurement system by Broadcast Audience Research Council (BARC) with the impact on budget allocations for advertising among channels only just starting to change. The e-commerce industry is expected to continue to advertise across mediums, moving from its earlier focus on digital platforms with an increased focus on regional markets.

“Print saw a slower growth in the past year but TV and digital advertising have exceeded expectations. With the wide rollout of 4G finally underway, coupled with the ‘Digital India’ initiative, the future of digital advertising is very bright. The film sector also returned to growth in 2015 but led by Hollywood and regional rather than Hindi,” said Jehil Thakkar, Partner and Head of Media and Entertainment, KPMG in India.

As per the report, the television sector witnessed strong advertising-led growth at 17 per cent with increase in e-commerce spends. Growth in subscription revenue was slower at 12.8 per cent due to the delay in Phase 3 digitisation and further delays in securing on-ground benefits of Phase 1 and 2.

Film sector

Coming off a flat year in 2014, the film industry returned to a healthy growth of 9.3 per cent in 2015. On the print media, the report said that at 7.6 per cent, the print industry witnessed a marginal slowdown in 2015 compared to 2014 — an election year. For English language publications, e-commerce stood out as a category in a year of muted growth. While the growth rate for regional print dipped from the previous year as well due to subdued advertising, some publications were able to raise cover prices to keep circulation revenue healthy. The regional market continues to have a bright future — especially with the government’s recent rural-friendly Budget and newer categories like e-commerce finally likely to help publications in tier II and tier III markets.

Sports

The report confirms that in 2015, cricket continued to be the primary brand puller with prime properties such as IPL and World Cup witnessing an increase in ad rates and sponsorship. However, various sporting leagues such as kabaddi, football, and tennis managed to create a buzz in the Indian market.

Hindustan Times |

Rel Jio will offer upto 80 times faster Internet speeds, says Mukesh Ambani

Reliance Jio will offer internet speeds upto 80 times of the average current speeds, RIL chairman Mukesh Ambani said here on Wednesday.

Jio, Reliance Industries’ 4G high-speed internet venture in which RIL has invested about Rs 150,000 crore and will cover 70% of the country from the first day, Ambani said while addressing FICCI Frames event.

He said that Jio will offer data speeds 40-80 times faster than the current average internet speeds in the Indian market, and it will also make available a significantly higher quantity of data per consumer.

At present, the average broadband speed in India is 1.5 Mbps (Megabits per second). This would put Rel Jio’s promised speed in the range of 60-120 Mbps. Right now, the world’s fastest internet is offered in South Korea where the average speed is 19.15 Mbps.

Ambani also spoke about data consumption capacity.

“Currently the data consumption for an average consumer is 0.15 giga bits per annum. Jio’s network is engineered to provide a capacity of over 10 giga bits per user, that is nearly 100 times more that we he or she is using today,” he said.

High-speed broadband internet penetration in the country is only 15-20%, he said, adding Jio will expand to cover 90% of the market by the end of 2017.

“Jio will be an ecosystem that comprises devices, broadband network, powerful applications and services distributed to every doorstep in India. Jio’s media offerings will include comprehensive library and programming recorded and live, music, sports, live television, movies,” Ambani said.

The Reliance chairman didn’t share details of when the service will be commercially launched, however. It was initially expected to be launched by last December, but so far it has only been made available among the company’s employees.

In February, Ambani said that the services would be launched in the second half of 2016. The company has already started selling 4G-enabled smartphones under the Lyf brand, and market sources indicate that the company has started shipping 4G SIM cards to retailers.

He said the service will be made accessible and affordable for all Indians across the country, and will create a whole new digital economy. The world will see a tectonic shift to a digital world, and services such as Jio will create opportunities to drive that change, he said.

Interestingly, Bank of America-Merrill Lynch had said in a recent report that the commercial launch of Jio is likely to get pushed to December 2016.

“Despite completing an employee soft launch in December 2015, we do not yet have visibility on the timeline on commercial launch by Jio. In our recent meetings with industry participants, we found a consistent view coming out of risks of Jio launch being pushed to December 2016,” the brokerage said.

A few other analysts however believe that the company could be gearing up for a soft launch of the services soon.

It was expected that Jio would be the first company to launch 4G services in the country, but Airtel, Vodafone and Idea Cellular have all rolled out their services in several regions across the country, with mixed success.

live mint |

Reliance Jio initial investment at Rs150,000 crore: Mukesh Ambani

Reliance Industries Ltd (RIL) chairman Mukesh Ambani Wednesday described his phone company as the world’s largest start-up, entailing an initial investment of Rs.1.5 trillion.

The figure is far higher than the around Rs.85,000 crore RIL, in April last year, said it was investing in Reliance Jio Infocomm.

Reliance Jio is set to launch its 4G mobile phone and digital services in the second half of 2016.

In December 2015, RIL offered employees up to four Jio connections each, free of cost, to test its services.

Ambani said the trend of digitization and the desire to end India’s “digital poverty” led to the creation of Jio, as the brand is known.

“To my mind, digitization is the defining trend of this century; in fact, that is the very reason we at Reliance conceived Jio,” Ambani said in his keynote address to FICCI Frames conference on the media and entertainment industry. “Jio is one of the largest transformational digital initiatives anywhere in the world with an initial investment of more than Rs.150,000 crore. It really is the world’s biggest start-up,” Ambani added.

RIL has previously pegged the investment figure for Reliance Jio at $14 billion (about Rs.85,000 crore). The money has been pumped into setting up telecom infrastructure, such as telecom towers, fibre optic cables and purchase of spectrum, said executives from RIL at an analysts conference on 17 April 2015. “Rs.1.5 trillion is the peak investment that would be required in the Jio business over the next 3-4 years,” an analyst at a domestic brokerage firm said on condition of anonymity, adding that it would likely include investments already made and to be made.

Ambani said that Jio will help India become among the top ten mobile broadband markets in the next few years, ending the country’s digital poverty as the world goes digital.

“Today, India is ranked 150th in the mobile Internet access rankings out of 230 countries in the world. We have the responsibility to digitally empower India. To end this digital poverty, 1.3 billion Indians cannot be left behind as world enters a new era,” Ambani said.

“We have one of the youngest populations in the world. Give them the skills, give them the tools and the environment, they will surprise and support. It is this opportunity to transform the lives of our 1.3 billion Indians that motivated Reliance to enter and transform the entire digital ecosystem and Jio is the result. I have no doubt that with the launch of Jio, India’s rank will go up from 150 to among the top ten mobile Internet access (markets) in the world in the next few years,” he said.

Ambani listed four key interventions—coverage, quality, data and affordability—in order to achieve this.

“First is through the coverage. Coverage refers to mobile internet access no matter where you are in India. Currently the coverage of high-speed mobile internet in India is only 15-20%. The comparative figure for the US is 75% of its population. Jio will start its services with 70% coverage of the Indian population from day 1. I’m sure with all our industry partners and the efforts Jio is making India’s high speed mobile coverage will be over 90% by the end of year 2017.”

Ambani further said, “Second, is through quality which refers to the speed and strength of mobile broadband. From day one, the Jio mobile broadband will offer speeds that are 40-80 times faster than the current speeds we see.

“Third is through quantity and capacity of data available for consumption for ever consumer in India. Currently the data consumption for an average Indian is 0.15 GB per annum. Jio’s network is engineered to provide a capacity of over 10 GB per user— that is nearly 100 times more than what he/she is using today.”

He mentioned affordability as the fourth key factor to make India digitally active.

“Fourth is to make this very, very affordable. All of this is of no use is we cannot make this accessible and affordable to consumers in all parts of the country. Jio will significantly up the quantity, quality and coverage not by a factor of one or two, but as I explained technology allows us to improve this by a factor (of) 80-100. This initiative is our small and humble contribution to the honourable prime minister’s vision of digital India,” said Ambani.

Ambani also spoke about what consumers can expect from Reliance Jio.

“Jio is not just a telecom network, it is an entire ecosystem that allows Indians to live the digital life to the fullest. This ecosystem consists of devices, broadband, powerful applications and services distributed to every doorstep in India. Jio’s media offerings will include the most comprehensive library of programming of live and recorded music, sports, live and catch up television, movies and events.... Jio is about unleashing creativity and connected intelligence through the smartphone.”

Ambani also listed the major future trends of the digital world.

“The first is that world is moving from orality to visuality. Images and video will rule in the digital world. And video will be the new voice for some of us in the network industry. And thanks to Jio, India will have one of the most powerful and comprehensive video networks in the world. This transformation from voice to video driven by the network will be available in every city and village in India.

“An affordable video network has the power to change how we learn, play, communicate and entertain. Affordability changes everything—it brings millions to a new platform. Let us get used to video being the new voice,” he said.

“Second, it is important to understand that digital technology is exponential. Any exponential change will create large opportunity. The world is graduating to a telemedia world. Earlier, telecommunications, media and entertainment, TV and broadcasting used to be more or less separate industries. Telcos used to focus on infrastructure and networks and entertainment companies focused on content production and distribution.

“There were different players for the large screen, the movie industry, for the small screen the television industry, for the non- screen the movie industry. Now, as mobile broadband is engulfing the world, telecom and ICT and various media sectors are converging. We are all part of a telemedia future, the rules of the game have changed. The model will shift from ownership to digital access,” Ambani said.

DNA |

'Jio world’s biggest start-up at Rs. 1.5 L crore investment'

Promising up to 80-times faster internet with his ambitious venture Reliance Jio, top industrialist Mukesh Ambani said on Wednesday his group has invested Rs 1.5 lakh crore in this initiative – the biggest-ever for any digital start-up globally.

Ambani also said Jio would target to expand the high-speed internet coverage in the country to over 90% by 2017, but remained silent on the exact commercial launch date of the much-awaited service.

Speaking at the inaugural session of FICCI Frames 2016, Reliance Industries chairman said the opportunity to transform lives of 1.3 billion people motivated him to re-enter telecom sector and he believes Jio will drive the country’s ranking in mobile Internet access to among top 10 from 150 currently.

“As the world goes digital, we cannot afford to be left behind. Today, we are ranked 150 in the mobile Internet access rankings among 230 countries... 1.3 billion people cannot be left behind as the world enters a new era,” Ambani said.

FICCI Frames is India’s largest media and entertainment industry’s gathering where the who’’s who of the industry and top government officials brainstorm on various issues.

“I have no doubt with the launch of Jio our ranking will go up from 150 to among the top 10 in the next few years.”

Jio is one of the largest transformational green-field digital initiatives anywhere in the world with an investment of over Rs 1.5 trillion,” Ambani said.

On how Jio will aid the digital transformation, Ambani said the telecom offering will start services with 70% coverage of the population from day 1, and the services will be very affordable.

Asian Age |

Jio is biggest start-up, says Ambani

Promising up to 80-times faster internet with his ambitious venture Reliance Jio, top industrialist Mukesh Ambani on Wednesday said his group has invested Rs 1.5 lakh crore in this initiative -- the biggest-ever for any digital startup globally. He also said Jio would target to expand the high-speed internet coverage in the country to over 90 per cent by 2017, but remained silent on the exact commercial launch date of the much-awaited service. Speaking here at the inaugural session of FICCI Frames 2016, Reliance Industries Chairman said the opportunity to transform lives of 1.3 billion people motivated him to re-enter telecom sector and he believes Jio will drive the country's ranking in mobile Internet access to among top 10 from 150 currently. "As the world goes digital, we cannot afford to be left behind. We cannot be left behind," he said.

millenniumpost |

TV ratings must be fair & researched: IT Minister Prasad

Expressing unhappiness over the current television rating system, Union IT Minister Ravi Shankar Prasad on Wednesday said the media industry must devise a "fair and researched" methodology to correctly reflect the performance of various programmes.

"Television ranking must become fair and researched. I don't know what happened now. Whatever alternative bodies have come in, I am not impressed by that. How can a few hundred boxes determine which programmes are better and which are not?" Prasad said in his inaugural address at the annual media and entertainment industry gathering FICCI Frames here.

He, however, was quick to clarify that the government does not want to get involved in the process, but underlined the need for a better and more credible system of TV ratings.

"Please get a more reasonable, fair and structured mechanism to determine the rating of television content so that real content drives the quality of the programmes," he said.

TV ratings in the country are given by Broadcast Audience Research Council of India (Barc India), which is jointly promoted by three apex industry bodies -- Indian Broadcasting Foundation (60 per cent), Indian Society of Advertisers (20 per cent) and Advertising Agencies Association of India (20 per cent).

Barc India was set up in 2012 with the specific purpose of designing, commissioning, supervising and owning the television audience measurement system, and reported the first weekly data in April 2015.

Prasad said broadcasters must make content available in smaller towns with the help of digital platforms. He said the country offers close to $1 trillion opportunity to digital companies over the next five years.

Giving the break-up, he said the electronics sector will be a $350-billion industry, while IT, IT-enabled services and e-commerce will account for another $350 billion and the communication sector will reach $250 billion over the next five years.

Urging the media and entertainment industry to tap the global markets, he said, "India's ideas and India-created products should find global space." Prasad sees the target of 500 million Internet users being achieved by the end of this year instead of the earlier projection of 2017.

Business Standard |

Prasad not impressed with new TV rating system

One of the milestones achieved by Indian television industry in 2015 was the launch of a new ratings system under the Broadcast Audience Research Council (BARC), an industry body compromising broadcasters (60 per cent), advertisers (20 per cent) and media agencies (20 per cent).

The launch was hailed by many as a turning point in TV audience measurement with a more transparent process and bigger panel/sample size of people-meters in place.

However, Ravi Shankar Prasad, minister of communication and information technology, on Wednesday said the new system was also lacking in some aspects.

Addressing the inaugural session of FICCI-Frames 2016 in Mumbai, Prasad said, “I am not happy with the TV ratings system. I never approved of TAM and I am not very impressed by the new alternative either. How can a few hundred boxes tell me what show is number one? Something should be done to make the television ratings more accurate.”

BARC started releasing data last year. For around eight months, it co-existed with TAM, which had a monopoly on television ratings measurement in India. However, the two combined their resources earlier this year. And from March 1, only BARC releases television viewership data while TAM has exited the business.

The main reasons behind the formation of BARC were that broadcasters were unsatisfied with the TAM sample size (which was around 9,000 people-meters) and it did not cover rural territories.

While the Neilsen-Kantar JV finally ramped up its sample size to 12,000 people-meters last year, it was too little too late. Apart from small sample size, there were allegations regarding irregularities within TAM.

Reacting to Prasad’s observation, Partho Dasgupta, CEO, BARC India said, “We believe the minister expressed a view on improvements and changes in TV audience measurement in India with the launch of BARC India’s services. BARC India strictly follows government guidelines on the matter. We have expanded the coverage — with a doubling of sample homes to 20,000 within the first year of launch, and inclusion of rural India for the first time ever. We have plans for expanding the panel as per government guidelines too.”

“We are a joint industry body and the number of meters is guided by industry’s affordability and statistical needs. The number is as agreed by all stakeholders of the industry. Industry has welcomed and accepted BARC India data’s robustness and fidelity,” he added.

DNA |

'Jio world's biggest start-up at Rs 1.5 L crore investment'

Promising up to 80-times faster internet with his ambitious venture Reliance Jio, top industrialist Mukesh Ambani said on Wednesday his group has invested Rs 1.5 lakh crore in this initiative — the biggest-ever for any digital startup globally.

Ambani also said Jio would target to expand the high-speed internet coverage in the country to over 90 per cent by 2017, but remained silent on the exact commercial launch date of the much-awaited service.

Speaking at the inaugural session of FICCI Frames 2016, Reliance Industries Chairman said the opportunity to transform lives of 1.3 billion people motivated him to re-enter telecom sector and he believes Jio will drive the country’s ranking in mobile Internet access to among top 10 from 150 currently.

“As the world goes digital, we cannot afford to be left behind. Today, we are ranked 150 in the mobile Internet access rankings among 230 countries… 1.3 billion people cannot be left behind as the world enters a new era,” Ambani said.

FICCI Frames is India’s largest media and entertainment industry’s gathering where the who’s who of the industry and top government officials brainstorm on various issues.

“I have no doubt with the launch of Jio our ranking will go up from 150 to among the top 10 in the next few years.”

“Jio is one of the largest transformational green-field digital initiatives anywhere in the world with an investment of over Rs 1.5 trillion,” Ambani said.

On how Jio will aid the digital transformation, Ambani said the telecom offering will start services with 70 per cent coverage of the population from day 1, and the services will be very affordable.

The Economic Times |

Reliance Jio net speed will be 80 times faster than rivals’, says Mukesh Ambani

Reliance Industries (RIL) chairman Mukesh Ambani has said the group's telecom arm, Reliance Jio Infocomm, is the world's biggest startup with an investment of over Rs 150,000 crore, which would offer broadband speeds up to 80 times faster than current offerings at affordable rates.

"It (Jio) is one of the largest transformational greenfield digital initiatives anywhere in the world," Ambani said at a FICCI Frames 2016 event in Mumbai. The company had earlier estimated that it would invest around Rs 100,000 crore by launch time, but that figure seems to have shot up as the commercial launch gets pushed deeper into 2016.

Among India's top three telcos, Sunil Mittal-founded Bharti group leads with Rs 2.64 lakh crore invested till December 2015 in telecom ventures, while Vodafone India and Idea Cellular have splurged Rs 1.13 lakh crore and Rs 1lakh crore in their respective telecom businesses. All three incumbents have already launched 4G services with market leader Airtel having the most expansive footprint so far in over 350 cities across 15 circles.

"Jio would start services with 70% coverage of India from Day 1," and would cover over 90% of the population by 2017, Ambani added. Jio has 4G airwaves in all 22 service areas. Jio would also ensure its 4G services are affordable to the consumer. "Jio will significantly up the quantity, quality and coverage for broadband Internet while lowering the cost to the user," he said.

The company's billionaire owner has previously said that Jio would offer data and voice services at half or less than half the current market rates. The offerings, he had said, would include instant messaging, live TV, movies-on-demand, news, streaming music and a digital payments platform.

However, on Wednesday, Ambani did not reveal the commercial launch timeframe. The analyst community expects a soft launch in April and a wider commercial launch by December. Jio had rolled out services for its 120,000 employees and partners late December. Ambani said Jio's network is "engineered to provide a capacity of 10GB per month to every user," which is nearly 100 times above current average data consumption of about 0.15 GB a month in India.

He added that digitisation is the defining trend of this century, the reason why Jio was conceived. "I have no doubt that with the launch of Jio, India's position will go up from 150 to among the top 10 of mobile Internet rankings in the world," Ambani said.

His comments come at a time when Jio's much-anticipated but delayed 4G services launch is not merely keeping consumers on their toes, but even brokerage houses, who are falling over each other to predict a launch date.

In a March 29 note, a little over a week after one that had pegged a commercial launch in December, Bank of America-Merrill Lynch said a soft launch in early April is possible but purely to test if Jio's 4G network is reliable enough to handle a full-blown commercial rollout expected after 3-6 months.

India Infoline has also estimated a December launch timeline for Jio. In its latest report, Bank of America-Merrill Lynch appeared to be reacting to a Credit Suisse report a day earlier, which had pegged an April soft launch as well and said that Reliance Digital stores in Mumbai were stocked with Jio 4G SIMs, although there was no clarity yet on when actual sales would start.

CS had added that it is not sure if a customer needs to buy a Lyf handset to get the SIM, or if the SIMs will be sold standalone.

The Economic Times |

TV rating system must improve: Ravi Shankar Prasad

Even as the whole media and entertainment industry is talking about digital, Ravi Shankar Prasad, minister of communications & information technology, stressed on the content being the driving force.

Delivering the inaugural address at the 17th edition of the annual media and entertainment conclave, FICCI Frames, Prasad said the Indian government recognises the importance and relevance of promoting the media and entertainment industry.

The minister expressed his displeasure while talking about the television viewership measurement system.

"Television rating system must improve. I was not impressed by the TAM, and I am not impressed by the alternative, too." BARC is the other TV viewership measurement agency.

India is easing visa processes for film shootings, Prasad said. Besides, a National Centre of Excellence for the media and entertainment industry and a new film facilitation office are being set up.

Business Standard |

Industry will be $100 bn in 10 years: Ambani

Even as Reliance Jio, the telecom arm of Reliance Industries, readies a soft launch for its 4G services, company chairman Mukesh Ambani elaborated how it could change the mobile broadband environment in the country in the coming months. The statement comes as speculation mounts over the date of Reliance Jio’s actual launch, which is expected later this year.

Speaking at the inaugural session of Frames, the annual three-day media and entertainment seminar organised by the Federation of Indian Chamber, Commerce and Industry (FICCI) in the city, Ambani, 58, said that Jio could intervene in four ways to help improve mobile internet access in the country. “India ranks 150th in the list of countries as far as mobile internet access goes. This is low if you take into account the number of countries, which is 230,” Ambani said. “Jio could help change all this and push India’s rank into the top ten by improving coverage from the current 15-20 per cent (of the India population) to 70 per cent on day one,” Ambani said.

Ambani, who was last here 12 years ago in 2004 during the Reliance Infocomm launch, said that the speed of Jio would be 40-80 per cent higher than the average speed of mobile broadband available now and that data capacity would improve 100 times with the new service. “All of this will be available at an affordable price because we believe you cannot improve accessibility without reducing price,” Ambani said.

Jio had launched services for Reliance group employees three months ago and the impending soft launch for other consumers will make SIM cards available for Rs 200. This will come with free data and voice for three months, a Credit Suisse report said recently.

Ambani also highlighted five mega-trends that would transform the digital world in the future to drive home his point of a digital eco-system governing human lives. “Anything and everything will go digital,” he said, and “what we will see is a shift from orality to visuality.”

He said that the digital world would lead to growth that would be exponential rather than linear and that the domestic media and entertainment (M&E) sector would touch $100 billion in the next decade. “In 12 years, the Indian M&E industry has grown nine times (from $2 billion in 2004). From a world that was ruled by silos, what we are now seeing is a convergence of telecom, media and technology,” he said.

Penetration of digital to the last mile would lead to a surfeit of information, which would ironically lead to a scarcity of genuine content, a challenge most purveyors of digital technology would have to contend with, he pointed out. “Lastly, digital is not about technology, but about humanity. No transformation is complete if it does not impact human life meaningfully,” Ambani said.

Business Standard |

The meaning of digital - Vanita Kohli-Khandekar:

Last week I anchored a talk on digital advertising at the CASBAA India forum. CASBAA is a TV and video industry association of firms in the Asia-Pacific region. This week I am in Mumbai for the annual Federation of Indian Chambers of Commerce and Industry or FICCI-Frames conference. It is the biggest media and entertainment industry event in India and is themed around digital this year. Recently, many of the events around this industry have focused heavily on digital. There is incessant talk of how it will change our lives as media consumers and the whole business. And it has, to some extent. But the meaning of digital and digitisation has been lost somewhere in the hype.

A phone, an iPad, the Google home page or the icon of your favourite app -these are the images that hit your mind when the word digital is uttered. But TV is digital too - transmission and reception is largely digitised. Video apps, many of them from large broadcasters or powered with their content, are being launched almost every week. In films, growth has come from digital theatres. You can hear the radio or a podcast on your phone or laptop, both digital. In newspapers, much of the process for capturing news or information and transmitting, producing and printing it are now digital. Most are available online - either as apps, instant articles or standalone websites.

At the back end and front end then, most media are now digitised. That is the first point of this column: digital media is not just about the internet.

The second point is that the benefits of digital, if these are allowed to percolate down the line, can indeed shift paradigms in an industry. The film industry is a great example.

The whole process of digitising moribund film theatres began in 2005 and picked up speed 2008 onwards. Of the 10,000 or so theatrical screens in India more than 70 per cent are now digital. This pushes down print costs, increases the number of screens a film can release in and therefore its ability to make money, and deals a body blow to piracy. The film industry has grown over the last decade and much of the money from higher ticket prices has gone back into the system, helping create a financially healthy and creatively vibrant Indian film industry.

And when the benefits of digital are held back, it can create a mess such as the one we see in TV. Being fully digital could have released Rs 12,000 crore or so of undeclared cash back into the TV business and improved programming variety. That, however, has not happened for several reasons - shifting deadlines, court cases and a micro-managing regulator.

The third point is that many of the boundaries between formats - on reach, revenue or impact - are more for the convenience of analysis rather than for real. Think about it. The internet reaches 319 million people compared to 840 million for TV or about 300 million for newspapers. So it is doing well in terms of reach though it has lagged behind so far on revenues. However, without the take-off of mass media and the content that powers almost all the major websites and apps much of what we call digital media would have been impossible. For example, what would YouTube be without mainstream studio and linear TV content, which accounts for roughly two-thirds of its traffic? The best video apps are the ones that can get the best content - hotstar comes from Star TV and Eros Now from India's largest film studio.

Whether it is Star TV, Eros, Hooq or any other brand, what gets them audiences is the ability to connect, to tell good stories. Most of us really don't care where we saw a good show, a film or read a good book. What we remember is that it was a good story.

All media formats eventually link up with each other - some more, some less. The internet does that, without geographical boundaries and with interactivity thrown in. When TV came everyone talked of radio and print dying and when the internet came there was talk of all media dying. But nothing has died, they just morphed. So newspapers are becoming multimedia apps and television is "on-demand". More people are reading and watching TV and films. Only the firms that make money from these change.

Business Standard |

Catch-up time for digital ads

In the midst of a global slowdown, the Indian media and entertainment (M&E) industry grew at a brisk 12.8 per cent, with digital advertising, radio and television clocking the fastest rise. Digital advertising grew at 38.2 per cent, albeit on a smaller base, from Rs 4,350 crore in 2014 (calendar year) to Rs 6,010 crore in 2015. However, a reality check is due here: digital ad revenues in India still constitute less than one per cent of global advertising spends and has quite a long way to go.

According to the KPMG-FICCI 2016 report titled The future: now streaming, the M&E industry grew from Rs 1.03 lakh crore in 2014 to Rs 1.16 lakh crore in 2015, while advertising revenues for the sector grew at 14.7 per cent from Rs 41,400 crore in 2014 to Rs 47,500 crore in 2015.

Growth in digital was aided by the growing internet base in the country, increased consumption of video online and the shift of traditional companies towards digital channels. The sector will continue growing at 35 per cent in 2016, and is expected to clock a CAGR of 33.5 per cent to reach Rs 25,520 crore by 2020. The other key driver of ad revenues and sectoral growth is television. It grew at 14.2 percent in 2015 and is slated to grow at 34 per cent CAGR till 2020.

Driving ad revenues sky high in the current fiscal are the FMCG and auto sectors, also expected to be the largest spenders in 2016 on the back of new product launches. E-commerce too is expected to be a big spender.

With close to 944 million connections in India, mobile advertising spends are the proverbial pot of gold that every media player is after. It stood at Rs 900 crore in 2015 and is expected to grow at a CAGR of a staggering 62.5 per cent by 2020. The report also highlights the booming over-the-top (OTT) platforms in 2015. With more launches slated this year, the segment is fast becoming a relevant advertising medium for brands and consequently, will be a serious revenue stream for the platform owners. Currently, the size of the OTT industry would be in the range of Rs 1,200-1,300 crore, according to Varun Gupta, partner, deals and advisory, KPMG. He adds that the sector is set to grow at 40 to 50 per cent, mainly on the back of advertising but subscription revenues will scale up eventually.

Television had a mixed bag of a year as advertising continued to grow despite a high base in 2014. Subscription revenues, however, slowed down as phase three and four of digitisation hit roadblocks. Television advertising outdid the overall sectoral advertising numbers, growing at 17 per cent to touch Rs 18,130 crore. Advertising grew thanks to high decibel sporting events like the Indian Premier League and the ICC Cricket World Cup 2015.

Print, on the other hand, saw a lower growth at 7.6 per cent in 2015 (7.3 per cent in 2014 over 2013). While advertising continued to be the larger contributor growing at 7.3 per cent, the subscription market grew at 8.2 per cent. The report says that with English newspaper readership being restricted mainly to the metro and tier-1 territories, brands are increasingly looking at Hindi and vernacular language newspapers to reach small towns.

Coming off a flat year in 2014, the film industry returned to a healthy growth of 9.3 per cent (Rs 13,820 crore) in 2015. Bollywood however, was constrained by the slow pace of screen growth and also increased competition from Hollywood and regional content.

The Financial Express |

Ad-dendum: Indian VOD market on an upswing, says Rajiv Vaidya

An exploding smartphones market. Falling data prices. The onset of 4G connectivity. Content built for the smallest screen. The online video space in India may still be at a nascent stage, but it has all the ingredients of a space that promises to be full of action in the next five years. Even in these early days, some trends are becoming apparent. Worldwide and in India specifically, mobile matters. YouTube recently disclosed that 50% of its consumption is on mobile. In a market such as India, which is primarily a single TV household, mobiles provide a personal content viewing experience. Video on demand (VOD) platforms in India see mobile consumption in excess of 70%.

Smartphone penetration — the game changer

Cisco’s report mentions that India is expected to have 650 million smartphones by the year 2019. In contrast, India had 16 million TV households in the country in 2014 as per the FICCI-KPMG Media & Entertainment report. So in a few years, India will have more people walking around with TVs in their pockets in the form of smartphones, than the number of TV sets in the market. It is this kind of tectonic shift in consumption that will forever change the entertainment industry.

When it comes to online video streaming, India has finally come of age in the last couple of years. And why wouldn’t it, with the surge in the volume and availability of smartphones in the country. Where smartphones used to be a luxury, they are now available at less than $100, and they come with cheap, pocket friendly data plans. This has changed the way Indians are consuming entertainment and information ‘on the go’. One no longer needs to be around a TV or computer screen to watch content of one’s choice. With the entry of multiple players in the video on demand space, we can see that video content is now being created and marketed specifically for the web and devices.
According to estimates from Cisco, video will account for 66% of mobile data traffic in India by 2019, up from 36% in 2014.

The use of smaller screens on personal devices will fuel ‘personal escapism’ or watching content individually, with 45% of all content consumed expected to be on the small screen by 2020. The next wave of growth in internet penetration will come from tier 2 and tier 3 cities, enabled by wireless mobile internet.

With more smartphones in the hands of the people, there is wider potential to provide diverse content for players in the VOD space. Through the emphasis on Digital India, the government is playing a vital role in the development of mobile usage and sale of devices. The implementation of multiple schemes, Digital India initiatives and collaborations with internet and content users together is an umbrella programme that encompasses providing internet access to all. Based on the report by Internet and Mobile Association of India (IAMAI) and KPMG, India is the third-largest internet user base in the world, with more than 300 million users, of which more than 50% are mobile-only internet users. Mobile phones will become one of the greatest mediums of change — providing banking and financial services which will further accelerate the growth and usage of payment wallets. Due to this, there is expected to be a significant increase in subscriber base.

Challenges for the industry

While the opportunity for video on demand to grow in India is immense, it needs the right infrastructure to take off. Network inconsistency that leads to videos being buffered while streaming, is a universal problem for the VOD industry. Additionally, video streaming is data intensive and entails data costs. These were barriers to viewers consuming long form content and will continue to be if they aren’t dealt with in innovative ways. Rural India is still catching up with 3G/4G, and telecom operators are investing heavily on high speed technologies to tap growing demand in urban India.

From a technology infrastructure perspective, India typically lags behind developed markets by a few years, but we expect that the next five to 10 years will see immense changes in this space. Another challenge that haunts the VOD industry is piracy; it continues to be a scourge. Having said that, content owners have definitely become vigilant of piracy on streaming sites such as YouTube.

The reach of TV and video content on smartphones has increased significantly over the past few years, and two out of 10 consumers regularly watch linear TV on their smartphones. All in all, the average time spent watching TV and video on mobile devices, including tablets and laptops, has increased by three hours a week over the past three years. Mobile video consumption is going through the roof.

The Financial Express |

Shopping on Bollywood boulevard

Remember the figurines from Krrish 3, the Dabangg Ray-Ban aviators and more recently, the Bajrangi Bhaijaan locket that went on to create a rage? With changing cinema viewing habits, we are beginning to witness an upswing in terms of strategic alliances between filmmakers and merchandising partners.

Examples are aplenty. Reliance Entertainment partnered with Vishal Fashions for Holiday: a Soldier is Never off Duty to design an exclusive range of ethnic wear inspired by the movie. Fox Star Studios collaborated with Mitashi Edutainment to launch Bang Bang merchandise. Not only that, even cinema chain PVR associated with Singham Returns and launched popcorn bags, sippers and lunch boxes inspired by the movie. Yash Raj Films went a step further and became the first Indian film studio to launch its e-commerce store to sell merchandise.

While there seems to be a lot of activity in this space, the real picture is quite different. India’s licensing and merchandising (L&M) industry is still at a pretty nascent stage and accounts for only 0.4% of the global industry. Within this, film merchandising comprises a very small portion of the `40 billion India L&M industry, states the FICCI-KPMG report of 2015.

“Licensing in the Indian market is a new concept and in its infancy, roughly worth about $30-35 million,” says Manan Mehta, VP marketing and merchandising at Yash Raj Films. “The primary reason being Bollywood movies are story-driven while most Hollywood movies are character-driven.” Moreover, in India, merchandising continues to be used as a marketing tool rather than being an active revenue contributor.

There has always been a template format for a Bollywood film release. There are brand associations, a game launch and promotions, but does merchandising become a unique revenue stream? We may be far from that.

The filmy funda

Popular opinion goes that the merchandise of franchise movies performs better than the usual character-driven films due to the awareness factor with the audience. This provides licensees and manufacturers the comfort of knowing that the film will attract a large audience with greater likelihood of sales. Looking over to the West, Star Wars for instance, earned over $12 billion in merchandise and about $5 billion in box office revenues last year.

Closer home, Dhoom has one of the most successful and extensively worked on merchandising programmes. It had multiple partners including global ones like Mattel for Barbie and Hot Wheels which launched collectible dolls and bikes. There were also biking accessory partners like Ceat and Gulf.

Vinit Karnik, business head, GroupM ESP, states that franchises create the perfect opportunity for merchandising. But this is presently limited, as the merchandise is mainly targeted towards kids and youth. “For the shelf life to be longer there has to be a talking point after the movie has gone out of theatres. For example, Krrish 3 was a franchise built over the years,” he says.

However, even some character-driven films like Bajrangi Bhaijaan have seen successful merchandising.

“We identified the opportunity of creating merchandise for the locket that he wore in the film and tied up with Silvostyle to create these. We sold it exclusively on Amazon in India and overseas, and it has been selling well even now,” states Amar Butala, COO, Salman Khan Films.

Besides that, the studio also released an illustrated book Geography with Bajrangi Bhaijaan published by Indus Source Books. The book talks about the history and culture of each place that the hero visits in the movie.

Dilwale Dulhania Le Jayenge also had merchandise lined up for the completion of 1000 weeks in India. Amazon created an exclusive web store and sold all products from the iconic bell to books/other lifestyle products associated with the film. Aditya Chopra for the first time penned down the experience of making the film in a book, which was sold across all retail channels, while other brands such as Asian Paints, Popley Jewellers and Doodle Collection also partnered for exclusive merchandise.

Brand talk

Film associations have multiple benefits for a brand. It is a topical and relevant tie up — both in terms of the theme of the film as well as the stars. There is no ROI concept for such tie ups as the multiplier effect on the visibility of the brand is huge. The shelf life of film-inspired merchandise is about eight to 10 weeks, between the pre-release, release and post release period. Hence the partnerships with brands generally range between a 12 to 16-week period. The minimum targeted revenues a brand can derive from such an association would be in the range of Rs 2 crore and above.

Citing the example of Om Shanti Om, the tie-up was signed almost 10 months ahead of the film’s release and even before the shooting started. The producer and director involved the fashion designers well ahead of time to help the brand adopt the key looks and styling for each character specifically to an individual exclusive brand.

While Vettorio Fratini represented Shahrukh Khan and Arjun Rampal’s look, Kashish was brought alive by Deepika Padukone and Stop by Shreyas Talpade. The cast also did a special fashion show and Farah Khan created a special promo AV based on the styling.

Elaborating on it, Govind Shrikhande, customer care associate and MD, Shoppers Stop, says, “Deepika Padukone visited a few stores and met customers in order to create excitement for the movie and the merchandise. All the stores created a visual merchandising theme and we ran several contests for our customers.” Another brand that has benefited from such associations is Micromax, which tied up with Singh is Bliing to promote its Bolt series. It collaborated with Akshay Kumar and rapper Badshah to rap to the ‘Micromax Singh is Bliing’, where the new Bolt was called Phone da Sardaar. The rap song highlighted the similarities between ‘Singhs’ and the features of Micromax.

Shubhajit Sen, CMO at Micromax, says, “We used the Singh is Bliing platform to launch one of our flagship products aimed at capturing the mass market. We wanted the association to be innovative and not just a run of the mill logo presence. Hence, the music video.”

The problem areas

Currently, L&M is an auxiliary mode of revenue, unlike Hollywood where it almost contributes equally to the box office collections. Also, the ingenuity of merchandise makes it far more alluring to customers, something that Bollywood merchandise is slowly catching up with.

Saugato Bhowmik, head of Viacom18 consumer products says that Bollywood hasn’t really built franchises that exist in the same breath as Hollywood movies like Star Wars, Avengers etc. Secondly, there are few examples of other genres of films which have lent themselves to licensing and merchandising, besides the action and super-hero genres.

“The main cost for studios is marketing, talent acquisition and the cost of production. Licensing isn’t bringing anything back and is thus being used more as a promotional/marketing tool to build the buzz around movies,” he says.

The problem is that usually the lead-in period for Bollywood films is very tight, but that is also because the films have a shorter shelf life. Many people also consume films on TV which further reduces the opportunity.

It is difficult to start sales of merchandise prior to the movie release as there is no visibility and a consumer will only relate to the product once they have seen it in the trailer or the film. The opportunity is more post the release but the challenge lies in keeping the connect alive long after the movie has gone.

This is a crowded business where a film is releasing every week. Thus it will be difficult to sell something five-six months before the release. “The main challenge is continuing to be on shelves. So Salman Khan for example, was wearing the locket even after the movie released in all the interviews he gave to create visibility,” Butala states.

Industry experts believe that L&M in India will not succeed until a product is relevant. There needs to be a Bollywood inspired fashion label, as the industry is known for its style. In the script stage itself, a film needs to have opportunities for toys or accessories for merchandising.

Beyond that, what needs to change is the outlook. Many film studios incorporate merchandising into the promotions of the movie rather than looking at it as a separate revenue stream.

“It would be a fatal error of judgement by any marketers to treat merchandising as merely a marketing tool. Merchandising does that and much more. There are many business models that can be created and capitalised,” asserts Mehta.

Business Standard |

'IIFA will make it easier for having Bollywood sets in Madrid'

Hosting Bollywood extravaganza, International Indian Film Academy (IIFA) celebrations, in Madrid is likely to lure Indian filmmakers to explore the destination's picturesque locales, says Madrid mayor Manuela Carmena.

"The fact that the Bollywood awards will be celebrated in Madrid is very important for the City Hall. It is another step forward in our goal of placing our city in the international picture. The whole combination of activities that are happening during the Awards weekend will make easier the plan of having Bollywood sets in Madrid in the near future," Carmena said in a statement.

"On one hand, that will generate jobs and, on the other hand, we will start building bridges between Indian film industry and the Spanish and Latin America ones. At the same time, it is an unbeatable chance of promoting Madrid on a huge touristic market as the Indian is," she added.

Madrid was officially announced the host of the 17th edition of the IIFA gala, which will be held from June 23-26.

Bollywood stars Anil Kapoor, Hrithik Roshan and Sonakshi Sinha, along with officials of Wizcraft International were in Madrid for a meet and greet, during which they joined in a Bollywood flashmob too.

IIFA will celebrate IIFA Rocks Fest; IIFA Stomp, an exhibition of urban trends; and the magnificent IIFA Awards. During the Weekend, The Global Business Forum will also be held organised by FICCI and the Spanish Chamber of Commerce,

In order to get IIFA 2016 to Spain, Madrid City Council has worked along with the support of Comunidad de Madrid, Foreign Affairs Ministry, Education Ministry and the Indian embassy.

This is the fourth time that IIFA will be held in Europe. Earlier, it was hosted in London, Yorkshire and Amsterdam.

Anil, who is known internationally for starring in "Slumdog Millionaire", "24" and "Mission Impossible 2", said: "I know the importance of bridging cultural divides."

Hrithik applauded IIFA's vision of "overcoming boundaries and reaching out to an international audience for Indian films".

"I have some very fond memories attached to Spain while we were filming for 'Zindagi Na Milegi Dobara'. I am thrilled to come back to Spain," he said.

Sonakshi shared that the event is "an excellent opportunity for us, the film community, to connect with fans and take our cinema across the globe. Madrid is a thrilling city, and I am looking forward to experiencing another spectacular IIFA in another amazing destination."

The 17th IIFA Weekend will play host to some of the most celebrated stars of the Indian film industry, notable guests, and dignitaries from India and the region, world media and Indian cinema fans from across the globe.

Andre Timmins, director, Wizcraft International, said: "Over the years, the journey of IIFA has evolved from the film industry celebrations of Bollywood to such a multi-faceted event of music, art, culture and business. This year our excitement for Spain is strongly focused in the opportunity to address CSR and environmental issues.

"IIFA aims to support and benefit the awareness of matters that can inspire people for change. IIFA Yorkshire was the year that IIFA truly established its commitment toward the environment with the world's first green carpet... It is fulfilling to be able to give back to our host destinations and this year in Madrid we are working on some very interesting subjects to take a stand toward sustainability and a greener tomorrow."

Business Standard |

'Frame Your Idea' show in Mumbai from Mar 30

Nearly 70 filmmaking companies and studios will come together here from March 30 for a three-day session, where script writers would offer fresh ideas and content.

Top digital content players as well as broadcasters would be represented at the 'Frame Your Idea' (FYI) show launched by the Federation of Indian Chambers of Commerce and Industry to listen to fresh ideas, stories and scripts from Bollywood people, a FICCI release here said.

The FYI made its debut at 'FICCI Frames 2015' in which over 650 meetings were held across 3 days between idea owners and content producers, the release said.

At FYI, anyone with a content idea or story or screenplay for a film, TV show, animation or gaming can pre-register, turn up and pitch it to the right people in the business of entertainment.

"This is the first time that India would see such a great platform created giving an unique opportunity to idea owners to meet producers/ creators & studio one on one," FICCI Animation & Gaming Forum chairman Ashish S K said.

Last year, over 200 content idea owners participated in the show which had representation of over 20 content producers, studios and content commissioners. The pitches were conducted across five categories like film, animation, TV, gaming and documentary.

Two categories have been added to FYI 2016 edition.

The first one is Digital - comprising of web series and short films. This is manifestation of the new content appetite emerging due to internet and mobile as growing platforms of content distribution.

The second category is Finished content - comprising of films and documentaries which claim to be an ambitious step towards the much-needed content market in the country, the release added.

According to noted filmmaker Mahesh Bhatt, "The proprietorship of a great idea doesn't lie with any one person and FYI is doing a great service to the idea owners and the practitioners of the trade."

FYI director Viraf Phiroz Patel said, "Once the idea owner registers for FYI 2016, he or she is assured at least 4 meetings of 10 minutes each, with his or her preferred producers/studios/broadcaster, through a 'first come first serve' based automated slotting system. FYI is the shape of change to come.

live mint |

Do adult ratings really impact a film’s fate?

Director Hansal Mehta’s Aligarh will arrive in the theatres at the end of this month. But the battle has already begun for the Manoj Bajpayee and Rajkummar Rao-starrer. The Central Board of Film Certification (CBFC) has granted the movie’s trailer an “A” (restricted to adult audiences) certificate and the examining committee demanded serious cuts in the film; it is awarding the film an adult rating, which Mehta has refused to accept.

In India, films can be certified as “U” (unrestricted public exhibition), “A”, “UA” (unrestricted public exhibition subject to parental guidance for children below the age of 12) and “S” (restricted to specialized audiences such as doctors or scientists).

The “A” certificate essentially means that Mehta’s film-based on the life of Aligarh Muslim University professor Shrinivas Ramchandra Siras, who was suspended from his job on grounds of sexual orientation and died under mysterious circumstances, will not be shown on television, except in late night slots, on which there is very little clarity both among filmmakers and channels themselves. To be sure, despite the 40% fall in satellite rates for Bollywood in 2015, cable and television rights remain an important revenue stream for filmmakers. They contributed Rs.1,470 crore out of the total Rs.12,640 crore that the industry made in 2014, according to the FICCI-KPMG Indian Media and Entertainment Industry Report 2015.

The trailer of Aligarh too will be telecast in the late-night slots and in theatres with other adult-rated films, restricting an opportunity for teens to watch it when they accompany adults to a movie.

“An adult rating immediately gives the impression that the film is not meant for family audiences. Numbers automatically get reduced,” said Mehta. “The late-night slots on television have neither been explored nor do they make any money. And while platforms like Netflix may slowly be opening up, I think we’re denying space to a piece of promotional material that, in this case, anyway has a tiny window of opportunity. That is unjustified.”

To be sure, more than the adult rating for the trailer, Mehta is ideologically opposed to the cuts demanded in the film which he feels will impede the narrative. Trade experts mention that the film’s target audiences are anyway niche, leaning towards the 30+ segment and divided between 70% male and 30% female audiences.

The filmmaker will now approach the Film Certification Appellate Tribunal (FCAT), a revising committee, with his case.

“Aligarh is a film that deals with issues you can’t brush under the carpet, not some aberrative behaviour pattern. Giving the trailer an adult rating is ridiculous especially when kids see so much more insidious and harmful stuff on television in the middle of the day,” said Shubhra Gupta, film critic at The Indian Express and a former member of the CBFC. Gupta added that the decision was killing the chances of a film that is needed to be watched to open up conversations about how people of different orientations are hounded in this country.

Previously, films like Vishal Bhardwaj’s caper thriller Kaminey (2009) and Anurag Kashyap’s Dev. D (2009) have suffered because of an adult certification.

“Indian audiences do tend to keep censor ratings in mind when making a decision on a film,” said independent distributor and box office analyst Suniel Wadhwa. “Plus, especially in multiplexes, those below 18 are not allowed for adult-rated films. So in case of a successful movie, there is a dent of 15-20% in business. But if the film is anyway a disaster, it doesn’t matter.”

Filmmaker Onir has been in trouble with the censor board over his film My Brother…Nikhil (2005), one of the first takes on homosexuality in Bollywood, and rural drama Chauranga (2016) that he produced.

The cuts and rating accepted, My Brother…Nikhil made a little over Rs.1 crore while Chauranga’s collections remained abysmally negligible last month.

“The intent was to show children stuff that educated and empowered them about how violent and cruel the world could be early in life,” said Onir, adding that while Chauranga and Aligarh were completely different films, the latter, he believed should definitely be seen by young adults.

Interestingly, two other recent films received adult ratings. One would presume that adult-rated sex comedies Kya Kool Hain Hum 3 and Mastizaade were also barred from television promotions and other regularities. But unlike a film which is a single finished product, trailers can be numerous.

A person familiar with the issue said that the makers of the Sunny Leone-starrer Mastizaade not just accepted cuts and guidelines on the content of the movie, but also dished out several different trailers for television and digital audiences. Only those awarded “UA” certificate were shown on television. That explains why the film is splashed across the small screen and in no way seems limited in its marketing reach.

“All we had to do was choose wisely from the content and select a bunch of gags that would find acceptance and humour amongst all audiences for television,” said Rangita Nandy, creative director, Pritish Nandy Communications Ltd, producers of the film, who disagrees that an adult rating for the trailer was a disadvantage. “The Internet is uncensored and much more accommodating, and this is where we played our ‘A’ certified content. To add to this, we had five massive chartbuster songs that drove a substantial part of our television and radio spends and an ‘A’ certified trailer that played in theatres across India. Here’s the thing, if you’ve chosen to make an adult genre film, don’t be a baby. Be smart, choose your media mix wisely and seed your content even more wisely.”

To be sure, historically, adult ratings have had no impact on the business of many films. The 1949 Ashok Kumar-starrer Mahal was one of the biggest hits of its time with earnings of Rs.1 crore. As were Manoj Kumar and Sadhana’s Woh Kaun Thi (1964) and Sanjay Dutt’s Sadak (1991) that made Rs.1.5 crore and Rs.9 crore, respectively.

“You could have a ‘U’-rated film with top stars and the biggest banner but it won’t work. It’s the film that runs, not the rating,” said censor board chief Pahlaj Nihalani adding that 70% of the films released in 2015 were passed by CBFC without cuts. “As far as marketing reach goes, there’s always an option to make a second trailer that the committee will allow on television. The film and its trailer are two completely different things.”

Everything considered, it is tough to contest the fact that Aligarh may be at a disadvantage. As Gupta said, “There are millions who don’t have access to the Internet. Invisibilizing the film on television is unfair to the subject. And it’s important to discuss these issues widely. Often people step back and decide to make safe films. That is dangerous to our cinema movement itself.”

Business Line |

Entertainment industry gets down to skilling

The media and entertainment industry has woken up to the reality that severe shortage of skilled workforce in 74 different job roles is stymieing its growth.

The industry has come out with a set of occupational standards to train people against specific benchmarks to create a pool of 12 lakh skilled workforce in the next 10 years.

“We are in the process of talking to the industry representatives, unions and other stakeholders on the need to have scientific education and training. The traditional mode of training in a variety of media and entertainment occupations will not work as we attempt to scale up the business to global standards,” D Suresh Babu, who is part of FICCI's Media and Entertainment Committee, told BusinessLine here on Tuesday.

It would take the help of 500 experts in different fields to implement the nationwide programme, covering all the media and entertainment hubs. FICCI is preparing a detailed project report to set up a National Centre of Excellence in animation, gaming and special effects.

Admitting to the project being a daunting task, Suresh Babu said the Media and Entertainment Skills Council was working with various partners to increase the pool of trainers. “We have signed an agreement with the President of All-India Film Employees Confederation (AIFEC) in order to roll out the training programmes. We are planning to mobilise about 17,000 film employees across the south India,” said Suresh Babu, who is also the Managing Director of Ramanaidu Studios.

Eligibility criteria

Earlier, addressing the inaugural session of FICCI's Media and Entertainment Business Conclave, he said there was a need to redefine the eligibility to join various courses. “Such barriers might keep certain people away from the courses. We need to create an alternative that recognises ‘Prior Learning’ of people to take them on board,” he felt.

Business Line |

Sony Max eyes revenues from new HD channel

Despite being a late entrant to the high definition (HD) space, Sony Max, the Hindi movie channel from the MSM stable, is confident of soon reaping revenue from its latest foray.

The company plans to have a completely different brand proposition for its HD channel.

“Unlike other channels whose HD broadcasts mirror their standard definition (SD) formats, ours will have completely different branding and packaging. Additionally, the offerings will also induce freshness in its content,” Neeraj Vyas, Senior EVP and Business Head, Sony Max and Max2, told BusinessLine.

Multi Screen Media has been revamping its flagship Hindi general entertainment channel, Sony TV.

The network is also looking to increase its offering from 18 to 27 channels.

Vyas said the HD feed will be largely targeted at the top eight cities. The company expects to break even with the new launch within a year, he added. Asked if the HD feed will have any implication on Broadcast Audience Research Council’s (BARC) monitoring, Vyas said that currently the TV rating agency monitors only about 34 out 500 odd channels.

“There is a growing market for HD and we expect the monitoring to grow big and provide adequate data,” he said.

BARC, which started operations in April, calculates separate data for HD channels on a weekly basis.

It uses a watermarking technology that not only gives an opportunity to the respective operators to establish their HD channels, but is also expected to open up prospects for broadcasters to monetise their HD channels.

Advertiser stickiness

Asked about advertiser stickiness to the new HD channel, Vyas said it is being populated with lifestyle advertisers unlike the mass market brands in the SD version.

According to Sony Max, it has already sold a large chunk of its inventory for the HD version.

There are four million HD subscribers accounting for 10 per cent of total DTH subscribers, said a FICCI 2015 report.

Sony Max competes with Star Gold and Zee Cinema - which also have HD channels - in the movie space.

The Hindu Business Line |

Zee's English channel adds new shows

With the genre of English entertainment picking up, Zee Café is bolstering its offering to attract both advertisers and subscribers. The English entertainment channel from the Zee stable is adding new shows and has also launched a high definition (HD) version to its channel.

“The English entertainment as a genre is growing. According to the FICCI report, there are four million HD subscribers accounting for 10 per cent of total DTH subscribers. The point is that over 15 per cent of the increase in DTH subscribers has been with those opting for HD connections,” Ali Zaidi, Business Head, English Cluster, Zee Café told BusinessLine.

Zaidi also noted that wherever digitisation has happened it has led to scaling up of paid channel.

Industry watchers note that unlike analogue networks which can handle about 100 channels, digital ones can accommodate over 800 channels.

He said that as people got more English literate, it also translated into high viewership. “There is a skew towards new content as more people take on to English shows,” he said.

As per available data, the English entertainment market is estimated at 27 million.

Zaidi said as per October data released by BARC, in the English entertainment genre, Zee Cafe stood at top spot followed by AXN and Comedy Central.

Asked about the concepts of back-to-back episode and whole day or binge viewing, he said Zee Café had introduced the same as there was a demand for the same.

On simulcasts, a trend where popular series are telecast at same time as the international launches, he said, “it can be done only with highly popular shows. Indian audiences don’t like weekly concepts. They like daily soap formats. “

He also said that for Zee Café it was combination of old and new shows. Asked about advertiser’s response to niche categories, Zaidi said English as a category was picking up. Zaidi, however, did not divulge any revenue or investment details.

The Times of India |

Adult films allowed back on TV but with 'voluntary cuts'

Soon you can catch an adult film on TV but with some trims and cuts. The censor board has this week lifted a 10-month ban on "modifying'' films with adult certification (euphemism for cutting objectionable dialogues and scenes) to be made suitable for TV viewing. The decision comes following repeated demands from the film industry and broadcasters.

"We have asked producers who have films with 'A' certificate to make cuts (to the film) voluntarily. The decision was made after broadcasters and producers came to us," Pahlaj Nihalani, Central Board of Film Certification chairperson said.

A film must have a U/A (parental guidance advised) certificate for satellite TV and U (fit for universal screening) certificate for Doordarshan.

Since January this year Nihalani had stopped the practice of modifying A certificate films for TV citing lack of rules. A recent C&AG audit had raised objections over 172 films that had adult certification and were re-certified as U/A. "We stopped the practice after the C&AG audit report hinting at corruption in the certification process. So now we have asked the producers to cut out what they consider objectionable themselves. We will only look at the film once more to ensure that it is fit for viewing on TV," Nihalani said.

This meant several action, violent thrillers had to give TV rights a miss leading to substantial losses for both film producers and broadcasters. According to FICCI-KPMG 2014 report cable & satellite (C&S) rights form a major chunk of revenues for film producers and contribute almost 12% to overall industry's revenues. C&S revenues rose by 20.2% in 2012 to Rs 1,510 million in 2013. During 2013 C&S rights for high budget Bollywood movies were sold at an average of Rs 400-500 million.

Among the first films that could benefit from this move is "Furious 7'' part of the Fast & Furious franchise that was recently released in theatres but was given an adult certificate because of the action sequences.

Deccan Herald |

Now playing: cinema commercials just for you!

It is Friday night. Parking lots in multiplexes are full, as they are usually on weekends. Movie buffs are trying hard to find a place for parking. When fans throng multiplexes, can advertisers be far behind? Until some years ago, in-cinema advertising was believed to be in decline, and given only the fourth or fifth preference after television, print, radio, and outdoor advertising. But digitisation and the boom in multiplexes have given the medium new wings to soar.

For instance, thanks to digitisation, operators know that the Friday night show patrons are mostly office-goers. So they can now market the time for some targeted ads. Says Shirish Shrivastava, VP Sales, INOX Leisure, “Morning shows cater the student population; it’s the family audience for afternoon shows; and working people fill up the evening slot. Thus, segmented advertising is possible.”

According to FICCI-KPMG Indian Media and Entertainment Industry Report 2015, revenues from in-cinema advertising are growing at a steady pace, and were an estimated Rs 490 crore at the end of 2014. The report projects it to reach to Rs 1,382 crore by end-2019.

“The in-cinema advertising industry is growing at a CAGR (compound annual growth rate) of 25 per cent,” says Shrivastava. The company currently operates 97 properties with 377 screens across 52 cities. From Rs 49.5 crore advertisement revenues in financial year 2013-14, INOX closed the last financial year with Rs 82 crore in advertisement revenues, and enjoys footfalls of around 50 million a year.

“Much effort has been made to educate clients about in-cinema advertising. We don’t use print anymore, and now with the technology, all advertisement links are centrally put in a server and I can monitor them sitting at the head office. If there are four screens, they can run four different advertising content,” he says.

Cinema Advertising is the second-fastest growing medium in the country after digital, though on an extremely small base, says Ajay Mehta, head of Interactive TV, part of the WPP Group. “Its potential is huge. In India, cinema advertising is about one per cent of the total advertisement expenditure, whereas in countries like UK, it is closer to two per cent. Due to the rapid growth of multiplexes and digital screens and the consolidation in the exhibitor space, we expect cinema advertising to keep growing,” says Mehta.

“Last month alone, 7.8 million people watched movies in PVR cinemas across the country. We are seeing 60 million footfalls a year,” said Gautam Dutta, CEO of PVR. With 474 screens and 106 properties across 43 cities, PVR is the largest cinema exhibitor in India.

The consolidated advertisement revenues of PVR in the last financial year were Rs 177 crore.

Multiplex business consolidates

In the first week of this month, Anil Ambani-led Reliance MediaWorks (RMW) completed the sale of its multiplex business to Carnival Cinemas for Rs 700 crore. With this, Carnival became the third-largest multiplex operator next to PVR and INOX. In June this year, Mexico’s Cinépolis launched its Cineplex in Bengaluru’s ETA Namma Mall. With this launch, the operator crossed the 200-screen mark in India. In January this year, Cinepolis fully acquired Essel Group’s Fun Cinemas for an undisclosed sum. Last year, INOX bought 100 per cent equity in New Delhi-based Satyam Cineplexes. PVR acquired the Cinemax properties in 2012 and has bought DT Cinemas as well. These acquisitions are a testament to the growth of the exhibitor industry.

“While China has 26,000 screens, India has only 5,000 to 6,000 watchable screens,” says Shrikant Bhasi, chairman of Carnival Group. The Salman Khan starrer Bajrangi Bhaijaan was released in 3,500 screens, and the box office collection was around Rs 400 crore. If there were more screens, the collection would have been huge, he adds.
At present, Carnival operates 360 screens, and will add 100 more in a couple of months. “There are no proper theatres in so many places,” Bhasi says, stressing the need for more theatres.

A whole experience zone

“Digital cinemas have eliminated the role of prints and reduced material costs. This means that a new movie gets released in a large number of cinemas even in smaller towns on the same day as in Delhi or in Mumbai. Earlier, movies would get released in smaller towns with a time lag of weeks, which meant that the hype of the movie was fading and people had watched it from pirated copies,” says Mehta.

“Before, there was a projector room. Now with the advancement in technology, I can digitally transfer advertisements and control 10 to 12 screens through a laptop,” says Bhasi.

“While television provides you the audio and visual experience, in-cinema advertising uses all the senses — smell, touch, taste, sound, and sight. It is like a whole experience zone. For instance, if it is a new cookie, we can provide free samples, if it is a new product, we can set up an experience zone, where audience members can experience it,” explains Shrivastava.

From on-screen advertising, exhibitors now look for off-screen space too. They make use of food and beverage counters, kiosks, lobby floor, corridors or washrooms to display products. With more eyeballs watching cinema, from lump sum deals it is shifting to pay per contract.

“Advertisers do ask what if a movie bombs? We have this ‘pay for eyeball’ thing. So if 10 people are watching, pay for those 10 people. Now, many luxury brands like BMW, L’Oreal, Lufthansa, and Jaguar have entered the cinema advertising space,” says Dutta.

Depending on the length of the movie, advertisement duration also increases. “Before the movie’s commencement and during intermission, we screen advertisements. If you take the total duration, it will be 18 to 19 minutes. If you make the list of top 500 brands, at some point or the other they would have advertised with PVR. FMCG, two-wheeler, fashion, footwear, electronics, among others fall under large categories,” explains Dutta.

Also, the length of the movie decides the advertisement timings. “Local retailers too advertise. For instance, we see more jewellery commercials in the South,” says Shrivastava.

There can be weekly, six month or one-year deals with clients and cinema advertising is said to be cheaper compared with television. “For 30 seconds, it can be from Rs 3,600 onwards,” says Bhasi.

Interactive is the first company to monitor in-cinema advertising through its proprietary tool CAM (cinema audit and monitoring). “Measurement is important. Advertisers want to know their RoI and need footfall and audience data. We are trying to address this through various tools like CAM,” says Mehta.

Piracy is a huge challenge, he adds. “If piracy can be addressed, cinema advertising would grow at an even faster pace,” Mehta says.

However, Bhasi feels cinema is an experience and it is not only about the story. “Now people know the story and they visit theatres for the big screen movie watching experience,” he says.

Business Standard |

Houseful: The return of the Hindi film industry

It is 7:45 pm on a Wednesday evening. In its third week, Zoya Akhtar's Dil Dhadakne Do, the story of a rich Punjabi family's journey of self-discovery, is running to a packed house at a DT Cinemas screen in South Delhi. This is the fifth Hindi film this year to see packed halls. Considering 2014 was one of the most miserable years for the Rs 12,640-crore Indian film industry, of which Hindi is the largest chunk, should we be singing the hallelujahs?

The answers swing between elation and caution. "It has been a decent year (for the industry) so far, with only one or two big losses," says Ajit Andhare, chief operating officer, Viacom18 Motion Pictures. The studio has had two moderate successes in Gabbar is Back and the critically-acclaimed Margarita with a Straw.

"It has been a fantastic year so far," says Nandu Ahuja, senior vice-president, India theatrical, at the Rs 1,457-crore Eros International, India's largest film studio. Two of the biggest hits this year, Aanand Rai's Tanu Weds Manu Returns and Sriram Raghavan's Badlapur are from Eros.

Amrita Pandey, vice-president and head, marketing and distribution (studios), Disney India, is happy, too. The good news from PK, which released late in 2014, spilled over into 2015. Then there was Avengers: Age of Ultron, which reportedly did a net (India) box office collection of Rs 77 crore.

There is some debate on whether local Hollywood successes such as Avengers or Fast and Furious can be counted. Pandey reckons they can because their marketing and release is tailored to local tastes.

Then there have been the lemons - Anurag Kashyap's Bombay Velvet (Fox Star Studios), R Balki's Shamitabh (Eros) and Vikramjit Singh's Roy (T-Series).

Shailesh Kapoor is chief executive, Ormax Media, a research and consulting film. According to an analysis his firm has done, "footfalls have been dropping since the second half of 2013. Since average ticket prices kept going up, the revenue drop became apparent only in 2014".

"This year (2015) though ticket prices rose by nine per cent we are looking at an eight per cent drop in revenue in the first six months," Kapoor says.

This analysis applies only to Hindi films; and only to their domestic box office, roughly 70 per cent of total revenues. If you add in the remaining 30 per cent from satellite rights, overseas et al, does the picture get better?

This is where the elation becomes caution. Given what happened last year, it is not clear if the 30 per cent will deliver. The industry remained stagnant in 2014 over 2013 going by FICCI-KPMG numbers.

Of the top 20 films released in 2014, only four turned up a profit. This happened because the price broadcasters paid for airing films fell by half, talent costs shot up to 40 per cent and marketing costs to 30-50 per cent of a film's budget. This resulted in some serious belt-tightening but "it still cannot make up for the drop in satellite prices," Andhare adds.

Analysts point out that stagnation at the box office, the industry's biggest source of revenues, however, is also a function of India's abysmal 10 screens per million of population (the US is at 125).

For comparison, look at China. Five years ago, China had roughly the same number of screens as India. It has worked furiously to push the number to 24 screens per million.

This has made it the second-largest film market ($4.8 billion) in the world after the US, though it does not have a prolific or robust local film industry like the US or India.

Till India has a network of screens that is at least 10 times larger, monetising the 1,000-odd films it makes every year is difficult.

And the industry's dependence on the smaller part of the pie will remain high. The feel-good first half of 2015 will remain just that.

live mint |

HT, North Base launch media incubator

International investment firm North Base Media and HT Media Ltd, publisher of the Hindustan Times and Mint, on Friday announced the launch of Mediahack.in, an accelerator programme to fund and promote digital media and technology companies.

Mediahack will identify and support entrepreneurs who want to build leading-edge original content, entertainment and advertising-related technology businesses in India.

“There are profound changes in media consumption habits. Technology is causing to change the way media is consumed. People are bubbling with ideas in this space. Mediahack.in will give wings to those ideas,” Rajiv Verma, chief executive officer of HT Media, said in New Delhi.

According to Marcus Brauchli, co-founder and managing partner of North Base Media, an American media fund, mobile and social platforms are transforming the way billions of people consume news around the world.

“Nowhere is that more evident than in India where more than 500 million people will have access to the Internet, many for the first time, in the next few years. We want to help the next generation of entrepreneurs to create the platforms, products and technologies that will bring news and information to those new audiences,” said Brauchli, a former editor of The Washington Post and The Wall Street Journal.

Mediahack will invite entrepreneurs to apply to the accelerator programme starting this summer. Successful applicants will spend a few months on the programme interacting with leading media and technology experts around the world.

“Initially we are looking to incubate 7-10 companies and will offer them from $50,000 to $100,000 funding to work on their ideas,” Verma said, adding that HT Media will take minority stake in the companies it incubates.

North Base Media, together with HT Media, will back innovative ideas in aggregation, big data and mobile, among others, in India, Brauchli said.

In an interview to Mint in March, Brauchli said people’s consumption of content rises dramatically when they get hold of smartphones and that India’s media market was going to experience tremendous growth.

According to a recent media and entertainment industry report released by the Federation of Indian Chambers of Commerce and Industry and consulting firm KPMG, India is the world’s fastest growing smartphone market in the world.

At the end of 2014, the country had around 116 million Internet-enabled smartphones and the number is expected to touch 435 million by 2019.

Focus India |

Cannes 2015: Rajyavardhan Singh Rathore inaugurates India Pavilion

Minister of State for Information and Broadcasting Rajyavardhan Singh Rathore on Thursday inaugurated the India Pavilion at the 68th Cannes International Film Festival here. He stressed the importance of movies in government campaigns like ‘Make In India’ and ‘Skill India’.

“The new government at the Centre is certainly more decisive and focused and is constantly working towards taking India to higher levels of growth, which is inclusive.

The government is channelising that objective through campaigns like ‘Make in India’ and ‘Skill India’, and realises that the film industry is an important part of these campaigns given its tremendous potential towards job creation,” Rathore said, according to a statement issued by FICCI.

“India has already signed co-production agreements with a slew of countries, and in the last one year five co-productions have been undertaken with France alone. We need to take these partnerships to the next level now,” Rathore added.

Pointing to the Indian government’s rigorous work towards providing a seamless work environment for the film industry by establishing a single-window clearance mechanism, he also announced plans of a center of excellence for gaming and visual effects.

The session also saw unveiling of the 46th IFFI, 2015 regulations and ‘India Film Guide’ by Rathore. The India Film Guide is a comprehensive booklet with information on policy initiatives by the government pertaining to film sector, the listing of Indian companies at Cannes Film Market, Indian films at Cannes and contacts of important people in the business of filmmaking.

Filmmaker Bobby Bedi, who delivered the welcome address, said: “India’s presence at Cannes has increased tremendously over the past decade and we have seen an increase in representation in terms of quantity and an improvement in the quality of content as well”.

Mohan Kumar, ambassador of India to France, said the ambition should be to get Indian films in the most important category of films at Cannes. He added over the next two to three years, he will strive to work on that.

The Cannes film gala began on May 13 and it will conclude on May 24.

Gurvinder Singh’s Punjabi film “Chauthi Koot” and Neeraj Ghaywan’s debut feature “Masaan” are among the Indian films that have been chosen to be screened in the official UnCertain Regard section of the jamboree, the red carpet of which is being graced by Indian ambassadors of L’Oreal Paris — Aishwarya Rai Bachchan, Sonam Kapoor and Katrina Kaif.

The Pioneer |

Beauty takes over the shore

Feathers helped the Cannes Film Festival take flight on the opening-night red carpet. Naomi Watts, who appears in Gus van Sant’s festival entry The Sea of Trees, wore a powder blue gown from Elie Saab Couture’s spring-summer 2015 collection, its top festooned with sequins and pearls above a feathered skirt. Not to be outdone, Julianne Moore wore a silk gauze column dress by Georgio Armani Prive, adorned with aqua and black Swarovski embroidery and paired it with a black feathered top. The flame-haired actress, who won Cannes’ best-actress prize last year for Maps to the Stars, offset the look with bold emerald danglers.

Natalie Portman, Jake Gyllenhaal and Sienna Miller also walked the Riviera red carpet ahead of the gala screening of Emmanuelle Bercot’s Standing Tall.

The head-turner happened to be Chinese actress Fan Bingbing in a Ralph & Russo couture. She was definitely the best-dressed on the opening day. Another Chinese actress that took our breath away was Viann Zhang, who showed up in an elaborate gown.

Katrina Kaif finally debuted on the red carpet in a black strapless gown by Oscar De La Renta. She wore minimal makeup teamed with side-swept hair but failed to impress her critics unanimously. On her way, she bumped into Julianne Moore, and was too quick to click a selfie.

Returning back to the French Riviera was Nandita Das. She looked gorgeous in a golden-metallic handwoven linen saree by Anavila. She was also spotted at the India pavilion during a panel session. The session was organised by FICCI India and Nandita was spotted with other dignitaries and representatives from the organisation. Now all eyes are set on much-awaited appearances of Sonam Kapoor , Aishwarya Rai and Mallika Sherawat.

Business Standard |

Rathore inaugurates India Pavilion at Cannes film fest

Minister of State for Information and Broadcasting Rajyavardhan Singh Rathore on Thursday inaugurated the India Pavilion at the 68th Cannes International Film Festival here. He stressed the importance of movies in government campaigns like 'Make In India' and 'Skill India'.

"The new government at the Centre is certainly more decisive and focused and is constantly working towards taking India to higher levels of growth, which is inclusive.

The government is channelising that objective through campaigns like 'Make in India' and 'Skill India', and realises that the film industry is an important part of these campaigns given its tremendous potential towards job creation," Rathore said, according to a statement issued by FICCI.

"India has already signed co-production agreements with a slew of countries, and in the last one year five co-productions have been undertaken with France alone. We need to take these partnerships to the next level now," Rathore added.

Pointing to the Indian government's rigorous work towards providing a seamless work environment for the film industry by establishing a single-window clearance mechanism, he also announced plans of a center of excellence for gaming and visual effects.

The session also saw unveiling of the 46th IFFI, 2015 regulations and 'India Film Guide' by Rathore. The India Film Guide is a comprehensive booklet with information on policy initiatives by the government pertaining to film sector, the listing of Indian companies at Cannes Film Market, Indian films at Cannes and contacts of important people in the business of filmmaking.

Filmmaker Bobby Bedi, who delivered the welcome address, said: "India's presence at Cannes has increased tremendously over the past decade and we have seen an increase in representation in terms of quantity and an improvement in the quality of content as well".

Mohan Kumar, ambassador of India to France, said the ambition should be to get Indian films in the most important category of films at Cannes. He added over the next two to three years, he will strive to work on that.

The Cannes film gala began on May 13 and it will conclude on May 24.

Gurvinder Singh's Punjabi film "Chauthi Koot" and Neeraj Ghaywan's debut feature "Masaan" are among the Indian films that have been chosen to be screened in the official UnCertain Regard section of the jamboree, the red carpet of which is being graced by Indian ambassadors of L'Oreal Paris -- Aishwarya Rai Bachchan, Sonam Kapoor and Katrina Kaif.

merinews |

India Pavilion at Cannes inaugurated today

Minister of State for Information & Broadcasting, Col. Rajyavardhan Singh Rathore (Retd), inaugurated the India Pavilion at Cannes Films Festival today in France. Speaking at the packed inaugural session of the India Pavilion, Rathore said, "New Government at the Centre is certainly more decisive and focused and is constantly working towards taking India to higher levels of growth which is inclusive. The government is channelizing that objective through campaigns like 'Make in India' and 'Skill India' and realizes that the film industry is an important part of these campaigns given its tremendous potential towards job creation."

Adding to that the minister said that, "Even though steps may seem slow but they are certainly for sure." Col. Rathore further said, "India has already signed coproduction agreements with a slew of countries. In the last one year five co-productions have been undertaken with France alone. We need to take these partnerships to the next level now."

According to a release by FICCI, Rathore added that the government is rigorously working towards providing a seamless work environment for the film industry by establishing a single window clearance mechanism. Also, a center of excellence for gaming and visual effect s has been announced. The government would do its best to be an infrastructure partner and would like to have faculty coming from the industry itself and looks forward to more faculty exchanges.

The session also saw unveiling of the 46th IFFI, 2015 regulations and 'India Film Guide' by the Minister. The India Film Guide is a comprehensive booklet with information on policy initiatives by the government pertaining to film sector, the listing of Indian companies at Cannes Film Market, Indian Films at Cannes and contacts of important people in the business of film making.

Nandita Das, Actor/Film maker said that she would like to raise the issue of censorship in India. As we mature, it is important to promote freedom of expression rather than curtailing voices. Mr. Roshan Baig, Minister of Information and Public Relations, Government of Karnataka suggested that it will be really great if the regional film industry is showcased as a part of the delegations to some of the major international film festivals.

Bobby Bedi, the celebrated film maker, in his welcome address said that, "India's presence at Cannes has increased tremendously over the past decade and we have seen an increase in representation in terms of quantity and an improvement in the quality of content as well."

Dr. Mohan Kumar, Ambassador of India to France said that the ambition should be to get Indian films in the most important category of films at Cannes. He added over the next two to three years he will strive to work on that. The quality of films from India has been wonderful quality and content now.

Business Standard |

Film industry battles high costs and low revenues

Restrict marketing spends, avoid outdoor media, pare down the full-page ads and TV promos and cut pre-release publicity from six weeks to four or five. Those were some of the ideas thrown up at a meeting of senior managers of ten big Indian studios at the offices of Karan Johar's Dharma Productions in Mumbai last month. They met in a desperate attempt to figure a way out as costs rise, revenues stagnate and margins are squeezed for the Rs 12,640-crore Indian film industry.

Since it started corporatising 14 years ago, this is the fourth time that the world's most prolific film industry has faced a bad year. But its reaction this time is more measured. Till two years ago it was impossible to think that studios and production houses, which are constantly fighting a bitter war for plum film projects, would even sit together. It is a sign that this bad year could end up creating a stronger, more profitable industry.

Going by FICCI-KPMG numbers, the industry remained stagnant in 2014 over 2013. Some of the biggest films of 2014 - Jai Ho and PK - went abegging for television buyers, say reports. Of the top 20 films released in 2014, only four turned up a profit, according to one analysis. "It has not been a good year for the industry," says Amrita Pandey, vice-president and head, marketing and distribution (studios), Disney India.

After rising sharply for two years, the price broadcasters paid for airing films fell by half or more. "Rights worth Rs 20 crore went to Rs 50 and Rs 60 crore, now they have come back to Rs 25 crore," says Jayantilal Gada, chairman, Pen, the agency that buys films on behalf of Zee. "For a Rs 60-crore movie, 20-25 per cent, or Rs 12-15 crore, came from TV rights; if cost goes to Rs 100 crore, we can't expect TV to proportionately fill the gap," says Jyoti Deshpande, managing director and CEO, Eros International.

For example, the TV rights for Eros' Om Shanti Om sold for Rs 17 crore in 2007 and RA One for Rs 35 crore in 2011. But last year's big film, Happy New Year, went for the same Rs 35 crore. The reasons are several. Star India, one of the biggest bidders for film rights, is now more focused on sports and entertainment. Then there is a decline in the time spent watching films from 20 to 18 per cent. The 12-minute cap on advertisements makes monetisation tougher. Many broadcasters settle for cheaper dubbed regional films.

To this, add the stagnation in the box-office. This is a function of India's abysmal 10 screens per million people screen density (the US is at 125). All it takes is a look at China to understand how critical screen infrastructure is for growth in ticket sales and prices. Five years back, China was at roughly the same number of screens as India. It has worked furiously to push the number to 24 screens per million. This has taken it to $4.8 billion in total box office revenues, compared to India's $1.7 billion, making it the second largest film market in the world after the US - this in spite of not having a robust local film industry like India.

"This growth would not have been possible without the Chinese government's investment in theatres, support to co-productions and help in attracting world-class cinema technology," points out Mike Ellis, president and managing director (Asia-Pacific region), Motion Picture Association. What India needs is some hard policy decisions: treating the building of screens as infrastructure and subsuming the crazy variations in entertainment tax in the upcoming goods and service tax.

Funding issues

Of the cost side triggers, the biggest is talent that can go up to 40 per cent of the budget of a film. "Nowhere else in the world do talent costs rise beyond 15-20 per cent," says Pandey. Marketing costs have risen to 30-50 per cent of a film's budget depending on how big or small it is, from 15-25 per cent five years ago.

All of this needs money. But "funding is a huge issue. Studios are the only source of funding. Film funds have failed miserably in India," says Rakesh Jariwala, partner (media and entertainment), EY. When they were setting shop in India between 2006 and 2008 most of the studios - Disney, Fox, Eros - bid competitively and took prices up. It is therefore right that they have got together to correct it.

There are three things that are being worked on. One is controlling marketing costs. "Even if we save Rs 1.5 crore on a film, that is Rs 9 crore on six films a year," reckons Aashish Singh, vice-president (production), Yashraj Films.

Two, talent costs are coming under control as younger stars, that studios increasingly use, accept a share in profits instead of taking a fee upfront, like Shahid Kapoor did for Haider (2014). Or studios sign on younger talent for bulk deals. Talent costs at Yashraj Films are 25 per cent lower than the industry average because it signs "new actors with three-film deals," says Singh. This model seems ideal - it does not co-produce or look for outside financing and has a tight control over every possible revenue stream. On an average, Yashraj Films gets 15 per cent more revenues than any other production house because of this control, say insiders.

"Hollywood style deals with a percentage of box-office gross are not possible in India because there is no neutral agency (to collate this data)," says Rajkumar Akella, managing director, Rentrak India, the global audience measurement firm that tracks 110,000 screens in 40 countries.

That brings us to the third thing: data, transparency and more screens are critical if costs have to go down and, "admissions (ticket sales) and average ticket prices have to continue to increase," says Pandey.

"The tide will change only when digital takes off (with 4G) and starts paying higher prices for films. Then broadcasters will start negotiating for all rights," says Jariwala. Deshpande predicts, "large-scale consolidation in which TV firms will become film companies and vice versa." Note that some of the biggest studios in the world are owned by firms that have a strong television business as well: 21st Century Fox, Disney, Viacom, Time-Warner et al.

The wait for truly global size Indian studios begins now.

Business Line |

Law on Marathi movies could hit multiplex collections

Maharashtra government’s move to make it mandatory for screening Marathi film during prime time has put Bollywood in a spot of bother. Many are worried that this could hit collections of Hindi films as 6 to 9 pm slot is the most lucrative.

Film actor Raveena Tandon said, “Marathi film industry should be encouraged so that it could prosper. At the same time, we are concerned about Bollywood films which will miss out on the prime time slot, especially the screen allotted to Marathi films. It may affect the box office fate of Hindi films which initially were getting more number of screens in the prime slot.”

While most multiplex owners refrained from making a comment, some operators said that, “films have to be good to generate revenue and we believe this kind of an initiative may be retrogade for the multiplex industry”.

The Maharashtra government on Tuesday ordered multiplexes in the state to air one Marathi film in their prime time slots. "We are in the process of enacting a law to make it mandatory for multiplexes to screen Marathi films during prime time. Multiplexes give step-sisterly treatment to Marathi films. They are denied prime slots and hence this kind of a norm needs to be brought in,” Vinod Tawde, Culture Minister said.

Industry representatives said even within Maharashtra, only few cities like Pune and Nagpur find it monetarily appealing to air Marathi film in theatres.

The Indian film industry is set to grow by around 11.5 per cent over a five year period, hitting $3.1bn by 2017, according to a FICCI-KPMG report. The average cost of producing a small Hindi commercial movie is more than Rs. 20 crore compared to a Marathi or Punjabi title/film/production, which costs between Rs. one – four crore.

But not all are worried. Film-maker Mahesh Manjrekar lauded the initiative saying that the move would give a massive boost to regional films. “Multiplexes have about seven screens and allotting one screen to Marathi film may not affect any players by and large. Infact, we see regional filmmakers getting a major boost from the same,” he said.

Bollywood actor Sonali Bendre said, “There have been several debates over Marathi films not getting proper screens forget about the movies getting proper time slot in the past. Marathi film industry has evolved over the years and it can do much better provided Marathi films get good number of screens and proper show time.”

Asian Age |

'I'd really like to own a basketball team'

Films aren’t Abhishek Bachchan’s only passion. The actor, who has been an insider to the growing market for sports in India, be it cricket, football or even kabaddi, says it is not only a booming business model for him to dabble in, but also something that he is deeply passionate about.

Speaking to The Mumbai Age against the backdrop of FICCI Frames media convention, Abhishek told us what his plans are — not as a Bollywood superstar but as a sports investor and entrepreneur. “Sports has always been my original passion and it is also something that is tremendously growing in India. But the thing about sports is that each one has a different type of audience. When we were looking into kabaddi, I had initially thought that there would’ve have been about 50 clubs in Mumbai, but it turned out it had 1,500 clubs. Now in spite of having such a following, it is almost invisible. But when it comes to football, the following is totally different. It is largely made up of urban youngsters who are into the whole Premier League culture and would love to see something like that in India as well. So the bottom line is that this industry can grow without boundaries,” he said.

While cricket still rules the roost in the country, Abhishek said his reasons for investing in football were not because he saw it as a “rival” of sorts. “Unlike what others may believe, I do not think that other sports will eat into the following that cricket has in this country. We are trying to create a separate loyal following for other sports. We are already seeing that happening. It is evident from the energy you see when you walk into the Jawaharlal Nehru Stadium in Chennai when my team the Chennaiyin FC is playing,” he pointed out.

But the real test, said Abhishek, will present itself this year: “The inaugural season — be it Pro-Kabaddi or the ISL, both of which I’m involved in — created a lot of buzz. But the real test for both these leagues will be in the second edition. We are already planning the second edition of the Kabaddi League and only now can we measure our success.”

While a large number of leagues in various sports have cropped up in the recent years in the country, ask Abhishek what is the one sport he would like to invest in and the answer is “basketball”. That was my original passion. I think that’s the one sport that I would really love to develop in the country,” he explained.

While both his clubs and their respective leagues are doing well here, Abhishek believes that while it is definitely possible, it will take some time and effort to bring them to the cult status that cricket has in India or football or rugby have in Europe and the US. “If you take the Premier League, you have people who have been supporting the same club through generations. We see the same with cricket in India. It is that legacy that we have to create. But it will surely take time. Certainly not a hundred years but it does need time to grow,” he concluded.

Business Standard |

Film-makers face problems mostly at local govt level: Rajyavardhan Singh Rathore

Speaking at the valedictory session of the 2015 edition of FICCI-Frames in Mumbai, Rajyavardhan Singh Rathore, minister of state for information and broadcasting, addressed various issues plaguing the media and entertainment sector. Sanjay Jog and Urvi Malvania caught up with him on the sidelines of the event. Excerpts:

Phase three and four of digitisation have been delayed. What are you doing to make sure the deadlines for the next phases will be met?

There has only been one delay in the digitisation (of television) process. Phase one is finished and phase two is finished. Now phase three has been extended to 2015 December. That's been the only extension. Phase four will also finish by 2016.

The issue here is set-top-boxes. If you were to buy set-top-boxes from outside, the problem is resolved. But we want to become self-contained (in this aspect). We want to be able to produce them. Already, 30 million set-top-boxes have been purchased. So, you can imagine the quantum of set-top-boxes (needed). If there is a one-year delay in being self-contained, that is hardly any delay.

Have you taken any steps towards local manufacturing of these set-top-boxes?

I believe there are some efforts being made by private players. The government is not into manufacturing, but the private individuals are.

In your valedictory address, you mentioned single-window clearance for films. Are you working on any policy on that aspect?

We realised this is a huge problem the film makers face when they have to seek permission. It’s not the case only with our film-makers, but also the international ones. When they come in (to India), they face a lot of problems and harassment.

Once we have understood the problem, we want to resolve it. Unfortunately or fortunately, our country is divided into certain different levels of governance. There are different governments and each one has its own areas of responsibilities. A lot of problems the film makers face are at the local government level. We can create a single-window at the centre, but we would still not be able to influence the local governments. However, we want to begin a process. First at the Centre and then we want to encourage the states to have a single window of the same nature as ours. Then we want a particular city to follow the same example.

Also, along with the industry, we want to find a solution to incentivise cities and to have single-window clearance. Cities who are getting business, should be visible to other (cities) as advantageous cities and, therefore, others would also like to follow that example.

Are you putting any processes in place to put certain parts of the ministry operations on auto-pilot so that time lags are not encountered when top personnel change?

The ministry works on policies. And we have policies laid down for most of the media units. I think what you are referring to has more to do with the personal qualities of a minister. There can be ministers who are very hands-on and can have high levels of initiative to get things accomplished. Now therein you will see a difference between a minister who is and a minister who is not.

For example, on the third of Arun Jaitley assuming charge, he had a meeting with the top producers of television and then he met top film producers. He has been meeting the broadcasters' associations and others. So it's a hands-on approach and that is why you see a difference. Otherwise, the ministry is run by policies.

live mint |

Consumer choices to shape monetization models in digital media

Even as online video consumption continues to gain popularity in India, monetization models in the digital media sector will be shaped by consumer preferences and insights, including time spent by users, payment gateways and the nature of online content.


The Indian market will have to develop its own unique model given the rapid pace at which the digital landscape is changing.

According to the just-released report on the media and entertainment industry by industry lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) and consulting firm KPMG, the digital advertising industry grew from Rs.3,010 crore in 2013 to Rs.4,350 crore in 2014, an increase of 44.5%. This has been driven by steady growth in ad spending across digital platforms.

“The bottomline is that Indians are willing to pay for content that they want to consume,” said Ajit Mohan, head, digital, Star India.

From a consumer’s point of view, the OTT (over the top)— these services work for the convergence of telecom and broadcast sector—space in India has been largely underserved. However, India will shape its own unique revenue model as the market grows, according to Mohan.

Star India recently launched its digital platform Hotstar in February and has crossed 10 million downloads since.​

The future of digital entertainment is in the hands of the viewer, who will be firmly in control, according to William Pfeiffer, chief executive officer, Dragongate, a Hong Kong-based entertainment company.

While the monthly active video consumption in India has been growing at a compounded annual growth rate of 43%, paid video consumption is expected to move at a much faster rate, at 57%, he said. “This equals a huge ad sales opportunity.” He added that new technology and virtual reality, along with a focus on regional languages will shape the future of digital consumption.

At the ongoing FICCI Frames media and entertainment conference in Mumbai, experts debated issues concerning bandwidth limitations, high data charges, the changing nature of online content, as well as pricing and payment issues.

They were of the view that while consumers can expect to see a combination of subscription and advertising-based revenues as a primary model, there could also be a focus on partnerships between telcos and content providers.

With 93% of Internet usage in India taking place on mobile devices, the need is to look for revenue models that would support Internet on the mobile, said Srinivasan Gopalan, director and chief executive officer, global voice and data business, Bharti Airtel Ltd. “The confluence of operators and content providers and an enabling ecosystem is needed for digital platforms to create successful revenue models,” he said.

Lastly, the Digital India initiative by the government could help propel the ecosystem further, said Kenny Ye, managing director, UCWeb India, a Chinese mobile Internet company with a presence in India.

“The campaign would enable the digital platform to reach wider audiences,” Ye said. “Internet through mobile technology will help connect people and the relationship between the service provider and consumers will be central to this economics.”

live mint |

Film marketers look at digital media to bring down costs

As costs of marketing and distribution become prohibitive, film marketers are looking at the digital medium to effectively target consumers and boost returns.


In 2014, the film industry grew at a mere 0.9% over 2013. If it wasn’t for Aamir Khan’s PK, which grossed Rs.300 crore at the box office, the film industry would have actually shrunk last year, said Jehil Thakkar, head, media and entertainment at consulting company KPMG, at the annual media and entertainment convention FICCI Frames.

Today, if a movie is made with zero production costs, it still requires to do Rs.18 crore of business to make money if released in theatres.

And if it is made at a budget of Rs.5-10 crore then double the cost of making and add Rs.18 crore to that for it to recover money, said Bobby Bedi, who produced The Myth, Saathiya and Maqbool.

As producers try to get more bang for their buck, digital which is relatively much cheaper than the traditional mediums is gaining scale, said experts.

For instance, Viacom18 Motion Pictures and Phantom Productions’ Queen, which was made on a meagre budget, focused on social media and digital marketing for its publicity. The film’s initial marketing started online with videos of Kangana Ranaut asking people for honeymoon tips.

“These videos engaged the audience and went viral,” said Rudrarup Datta, vice-president, marketing and project operations, Viacom 18 Motion Pictures, which has made successful movies including Bhaag Milkha Bhaag, Gangs of Wasseypur and Mary Kom.

It’s not about the size of the movie, but the communication message and the medium that matters more, said Nabeel Abbas, founder and chief executive officer, Epigram, a film marketing agency that has marketed movies such as Lagaan, Delhi Belly, Jaane Tu… Ya Jaane Na and adult film Grand Masti, which saw a lot of traction online as it focused on the profile of the consumer.

“The traction we got online for Grand Masti was far beyond what it would have got in traditional mediums,” he said.

Movie marketing also needs to get more focused and not target everyone. “This increases the cost. Instead, look at a focus consumer set,” said Datta of Viacom18 while explaining that this is more easily achievable online.

Moreover, unlike out of home hoardings or newspaper and television advertisements, “new media is exciting, it is measurable”, said Abbas, while pointing out to the fact that a lot of people now record their television shows in the metros and skip advertisements, making it difficult to measure their reach. However, the number of views online for videos and banners can be measured.

The growth in popularity of digital media continued to surge in 2014, pushing digital media advertising to grow by 44.5% in 2014 over the year-ago period and driving the broader advertising industry growth, according to a joint report published by industry lobby Federation of Indian Chambers of Commerce and Industry (Ficci) and KPMG India.

For films, digital advertising now accounts for 15-20% of the overall advertising and promotion spends, said Datta while explaining that this is only growing.

Ways to increase profitability included having more alliances with brands, said marketers.

For instance, Yeh Jawani Hai Deewani had associated with travel site MakeMyTrip.com, Amul Milk was associated with Bhaag Milkha Bhaag, and Mary Kom, which was made on a budget of Rs.15 crore, had partnered with brands such as Havmor, Mother Dairy and Usha International.

The Economic Times |

Media & Entertainment biz to grow at 14%

In many ways, last year was a turning point for the media and entertainment (M&E) industry in the country. According to a KPMG annual report released at FICCI Frames, the M&E industry is poised to grow at 13.9% CAGR to reach Rs 1,96,400 crore over the next five years, from . 1,02,500 crore in 2014. There is a mixed bag of 'good and not-so-good' news across segments.

A look at last year's mergers and acquisitions (M&As) would show growth in both volume and value terms, with television and new media being the two biggest gainers.The biggest deal being Reliance Industries' ( RIL) acquisition of Network 18 Media and Investments and TV18 Broadcast for $167 million and $257 million, respectively. "At the projected growth rate of CAGR 13.9% to . 1,96,400 crore by 2019, from Rs 1,02,500 crore in 2014, a "growth rate that is almost double that of the global M&E industry, putting India in a phenomenal position on the global M&E map," said Jehil Thakkar, head-M&E, KPMG.

The story, as always, is not the same across sectors -the best being new media and the worst being films. Television, which forms approximately 37% of the advertising pie, will see a long-term growth to go back to 15.5% from 13.8% last year.

"New pricing structures have been introduced, cable digitisation has been finally taking hold, and there is a lot of activity and movement.We are hoping that all these things translate into better growth in subscription revenue of the industry, going forward," he said, adding that if digitisation had already been completed as scheduled, then the TV industry has a clear 20% upside with the subscription revenue and the potential to be the main driver of the M&E industry, creating millions of jobs. Unfortunately , there was no happy ending for films in 2014. With just 0.1% growth, the industry would have actually de-grown, if not for a couple of big Tamil and Telugu movies at the end of the year.

Thakkar emphasised the need for some serious rethinking of the business model."Talent cost has gone out of hand and the cable and satellite revenue market has receded, to some extent. However, with the launch of new channels, that will come back, to certain extent. But we don't believe that the froth that existed in pricing over the past couple of years will really sustain. A back-to-basics thinking needs to take place," added Thakkar.

While the film industry was a letdown, it was digital which was a big story in 2014."We projected about 30-35% of the sector, but this category has just surprised everybody . In 2014, this category grew close to 45%. That's a phenomenal growth by any standard," he said.

The biggest turn here was reaching the critical mass.Crossing 100 million in smartphones last year helped the digital story.

Secondly, India now has 152 million active users, which is a large base, giving advertisers the scale.

"However, our telecom infrastructure still remains poor and Internet speed is still only 2 MBps compared to China's 4 MBps and 11.5 MBps in the US.

Financial Chronicle |

Mobile gaming to jump four-fold by 2019: KPMG

With the rising smartphone and tablet penetration, the mobile gaming industry is expected to touch Rs 2,620 crore by 2019, with a year-on-year growth of 20 per cent over the next five years, according to an industry report released here today.

The mobile gaming market has grown from Rs 820 crore in 2013 to Rs 1,070 billion in 2014, since more and more women gamers are coming on board, stated a KPMG report released at FICCI-Frames 2015 here.

"New and creative games appealing to various age groups and catering to a range of interests are being developed. This is likely to change the user demographics with younger gamers and more females getting on board along with a new category -- the mom gamers," the report stated. Though mobile gaming is growing faster than any other gaming category, developers are still figuring out means to monetise this platform, the report said.

"While the free-to-play simple mobile games appeal to a broader audience, the report noted that the mobile gamer is averse to paying for mobile games despite the healthy growth rate," the report stated.

Further, most users do not prefer downloading large sized games, despite low-cost data plans and inexpensive game rates, the report stated.

Globally, 44 per cent of all smartphone and tablets are used for gaming and by 2018 the total count of mobile game users would reach one billion. The estimated value of the global mobile gaming industry was USD 25 billion in 2014, which is a leap of 42 per cent over 2013, the report stated.

"A strengthened Internet infrastructure as promised under the Digital India initiative is expected to provide the required thrust for digital downloads of games for consoles as well as for mobile gaming", the report stated.

Asian Age |

What our children are watching disturbs me: Aamir Khan

This year’s edition of the media and entertainment convention FICCI Frames kicked off to a roaring start with the presence of members from the top echelons of the industry including Bollywood superstar Aamir Khan and veteran actor/ filmmaker Kamal Hassan. Inaugurating the event on Wednesday, Aamir pointed out the burgeoning power of the media and termed the ability to shape public opinion as a great opportunity rather than a responsibility.

Speaking about the growth of the film industry in particular, Aamir said, “For me, progressing doesn’t mean making more films or adding more crores to the profit and so on. Of course, we are here to entertain but that should not be the only goal. We should look ahead and see in what best way we can use our influence. I’m not saying that everyone should do this, all I’m saying is that we have a great opportunity ahead of us which if we choose to make use of, can help not just the industry but the country on the whole, make huge strides.”

He elaborated and said, “India takes really fast to hardware — be it latest phones, cars, we have it all, but the problem lies in the software and by software I mean the mindset of the people. That needs to changed first.”

Aamir further put special focus on the content that is made available to children in the country and said, “What our children are watching today is what is really disturbing me. The quality of children’s content is nowhere near where it can be and it has pushed kids into watching what adults watch. Through children’s content we can create an environment which will foster their growth and when I say progress, what I mean is the growth and contribution that children today will make 20 years from now, given we make a positive influence on them through media. That will be worth much more than the thousands of crores that we can make.”

Elaborating on the perceived decline in quality of the entertainment, Aamir who had spoken out against the recent AIB Roast maintained that it was the prerogative of everyone to have an opinion. On the question of how to draw the line between what goes and what doesn’t, seeing that his own production Delhi Belly had ample amounts of racy entertainment, Aamir said, “There is no line. Everyone can have an opinion but banning something entirely is something that I am completely against. There is a lot of miscommunication as well. The recent furor over the ban of a list of words is also an example. Even today the senior members from the I&B ministry clarified that there is in fact no such list and made clear that the CBFC is only a certifying body and not a censoring agency. We have to work together to progress.”

Rounding off the inaugural session, veteran actor Kamal Hassan stressed the need to make use of global technology in our film industry. “Why aren’t we making use of the technology made available to us? We should not let complacency take hold of us and make constant leaps to match what is being done globally if we are to compete,” Kamal said.

Kamal’s last film had more than a couple of technological innovations (such as the use of Auro 3D and was also planned to be the first film to have a satellite release) was the centre of heated controversies and debates for issues regarding its content. However, with two new releases lined up for the actor soon, both of which make extensive use of new technologies in effects, make up and many more facets of filmmaking, the actor seems to be incorporating the answer to his question in his work.

Business Standard |

By 2018, TV ad revenue will exceed print's

The media and entertainment industry crossed Rs 1 lakh-crore in 2014, growing at 13.9 per cent, according to the FICCI-KPMG India media and entertainment industry, 2015 report. The growth was spurred by heavy advertising spends during the general and state elections, and robust spends by e-commerce companies.

The overall ad pie expanded to Rs 41,400 crore in 2014, a growth of 14.2 per cent (in 2013 it was Rs 36,200 crore). The electoral spends were among the highest in the world, second only to the 2012 US presidential election.

Television

Television continued to contribute the lion's share of revenue (including both subscription and advertising) with Rs 47,500 crore.

While digitsation of cable continued to progress, greater transparency and higher ARPUs (average revenue per user) remained a challenge. Implementation challenges delayed tiered packaging and billing. However, DTH operators continued to improve realisations by increasing penetration of HD and premium channels and value added services.

Big e-commerce spenders and election advertising made the television industry the second-largest contributor to the overall ad pie with Rs 15,500 crore, second only to print. By 2018, TV ad revenue is estimated to surpass print.

"Advertising will continue to show robust growth over the next five years as economic growth comes back and categories like e-commerce and telecom increase spending," says Jehil Thakkar, head of media and entertainment, KPMG, India.

Print

India continued to buck the trend of declining print revenue as print grew at 8.3 per cent (Rs 26,300 crore in 2014); advertising grew at 8.5 per cent (Rs 17,600 crore in 2014).

Print ad pie was buoyed by regional publications, which grew at 9.8 per cent compared to their English counterparts that grew at 5.2 per cent.

Ad revenue formed a sizeable portion of the total revenue pie, circulation revenue growth was higher for Hindi and English markets in print.

As tier II and tier III cities grow, and the disposable income and literacy rate rise in these cities, providing impetus, print is only expected to grow.

Radio

Radio, too, gained big from election spends, with one of the highest growth rates among traditional media at 17.6 per cent to reach Rs 1,700 crore. Being a free-access medium, ads are radio's main revenue stream, helped on by political parties spending as much as 12 to 15 per cent of their ad budget on radio.

Advertisers increasingly view the medium as an integral part of their media plans. The government's auctions, planned for 135 channels in 69 cities, bodes well for radio could help the sector battle rising costs.

Digital

Digital advertising beat the expected rate of growth (33 to 36 per cent) to expand at 44.5 per cent. It is expected to be worth Rs 6,300 crore in 2015, growing at 43.7 per cent.

India became the second-largest country of Internet users. The adoption of smartphones, healthy growth in number of 3G subscribers, continued adoption of 2G in the hinterlands and concerted efforts by the digital eco-system under the Digital India Programme have helped.

Movies

"2014 was a real wake-up call for the Hindi film industry. It's time for the industry to revisit some business models, cost structures and content. The drivers of growth in previous years - multiplex expansion, rise in ticket prices and theatre digitisation - all hit maturity levels," says Thakkar.

The film industry grew at under 1 per cent, with regional films saving the day. Box office growth in Bollywood was 0.1 per cent. A reduction in cable and satellite revenue by 2.7 per cent dealt a blow (15 per cent for Bollywood).

The gap between the top 10 films and the rest of the industry further widened. The category-A films with top league actors continued to perform well.

The exhibition sector grew both organically (tier II and tier III cities) and inorganically, with major consolidation in 2014. This enabled economies of scale for exhibitors and growth of in-cinema ad deals.

Business Line |

Govt to auction 1,000 new FM radio channels by 2016

The Government hopes to auction a total of 1,000 new FM radio channels by 2016, with it already giving its nod to partial auctions of 135 channels in 69 cities in phase three of the process, said JS Mathur, Additional Secretary of the Union Information and Broadcasting Ministry.

He was speaking at the annual convention of FICCI-Frames, a media and entertainment conclave organised by the industry body.

Mathur spoke briefly about the media and entertainment industry in India, saying that it was "exciting times for the industry, with challenges in emerging technology, new platforms," and new prospects in "content and business and revenue models."

He also pointed out the growing prospects in the animation and gaming sector.

Speaking about the cable TV digitisation process, he said that the process has been a step forward for all major stakeholders in the business. He said the Ministry of Information and Broadcasting has extended the deadlines for phase three and four of the Digital Addressable System implementation to December 2015 and December 2016 respectively.

He also said that the industry can expect a revision to the Cinematograph Act soon and said that making India a global filming destination is on the government's agenda.

live mint |

Media and entertainment industry is expected to grow at 13% in 2015

The Indian media and entertainment industry is projected to grow at close to 13% in 2015 over the previous year with television growing at a robust 14.46%, print at 8% and digital at 44%, taking forward the growth of these sectors in 2014.


The total media and entertainment industry, including print, television, radio, outdoor, digital, animation, gaming and music, is expected to touch Rs.1.16 trillion in 2015. The projections were made by the FICCI-KPMG Indian Media and Entertainment Industry Report, 2015, released at FICCI Frames in Mumbai on Wednesday. FICCI Frames is Asia’s annual global convention on the entertainment and media business.

According to the report, 2014 was a turning point for the media and entertainment sector as it saw the building blocks for future growth being laid including the new spectrum for mobile, ongoing digitization in the cable sector, consolidation in the film exhibition business and announcement of the phase III auctions for private FM radio.

“We hope that 2015 will ensure flawless and timely execution of these policies making it a landmark year for media and entertainment industry,” said Jehil Thakkar, head, media and entertainment at the consulting company KPMG.

The media sector is also taking a cue from the current government’s optimistic outlook and positive business sentiment strengthened by a number of growth promoting policy initiatives taken in the recent months, the report observed.

In 2014, digital media threw up a surprise with a significant 44.5% growth. Digital advertising, which was Rs.4,350 crore in 2014, is projected to touch Rs.6,250 crore. “Digital was the big story of the year. We expect the story to continue as digital will grow at a compounded annual growth rate of over 30% for the next five years,” said Thakkar.

India has becomes the world’s fastest growing smartphone market. By the end of 2014, the country had around 116 million Internet-enabled smartphones and the number is expected to reach 435 million by 2019, the report said. With eyeballs shifting from print and television to online media, the second screen phenomenon has become a reality that cannot be ignored. “This growth presents a good opportunity for digital content aggregators, advertisers, app developers and online streaming companies to engage users through relevant mobile-led strategies,” the report said.

Several factors have driven growth of the medium: smartphone prices have dropped and telecom operators have made 3G pricing more realistic and affordable, said Thakkar. However, Internet speeds and total Internet penetration remain a concern. Internet penetration stands at about 19%, which is still quite low compared with Internet penetration in other countries. Currently, the mobile phone subscriber base is almost nine times the installed base for PCs in India.

Rajesh Kamat, group chief operating officer of the media fund Chernin Asia Media, said: “A sunrise sector for the economy, the Indian M&E industry is on the cusp of a strong phase of growth driven by media convergence and rising discretionary spends. We have already seen rapid changes in the way content is produced and consumed over multiple screens and devices driven by digitization and growing Internet penetration. This is in line with what we have seen in other developed and emerging markets.”

He added that investors were encouraged by progressive regulatory reforms being taken to create attractive investment opportunities in Indian M&E. “So, it looks like a good time to take a long-term position in the sector,” he said.

In 2014, television industry grew at 13.8% driven by increased advertising by political parties during the general elections and on account of enhanced marketing budgets of e-commerce companies. Advertising revenue projections for 2015 are Rs.17,460 crore up from Rs.15,490 crore in 2014. Raj Nayak, CEO of Colors, the Hindi general entertainment channel of Viacom18, said 2014 was an extremely good year. “With a new government with absolute majority, the sentiments were high and the industry showed a healthy growth of 16% in ad spends. The sentiment is positive and one would expect similar growth except for the unseasonal rain that may affect rural consumption,” he said.

Digitization of the cable sector, although not yet complete, achieved critical mass. Changes in channel pricing like the introduction of a la carte also made a difference to the structure of the industry. “If these (the a la carte pricing) practices are followed, they could change the complexion of the industry for the better and raise average revenue per user (ARPU),” Thakkar said. The entertainment television industry also expanded with the launch of new channels such as Zindagi, Sony Pal and, more recently, &TV.

Yet, despite the rollout of digital set-top boxes as part of the digitization process, better addressability, increase in subscription revenues and its more equitable sharing continues to evade the industry. On top of that, the final deadline for phased digitization was extended to the end of 2015 and 2016.

According to Ashok Venkatramani, CEO, ABP News, the next fiscal year would be a challenge for news channels as it would follow a good election year in 2014-15. “A lot depends on the actions taken by the government in reviving the economy which would attract investments and make corporates spend money in the market. The fact that we have a stable government and after the budget all seems positive, the outlook is that it should be a year of low double-digit growth,” he said.

Print grew at 8.3% in 2014 and remained fragmented at the national and regional level. However, the year saw a 7.9% rise in circulation revenue on the back of rising cover prices and subscriptions. “Although the price rise was marginal, it is a big move for newspapers in India,” said Thakkar. According to the FICCI KPMG report, the share of advertising revenue for print remains bigger than that for television at a projected Rs.19,260 crore for 2015.

The growth in newspaper industry came largely from tier-II and tier-III cities with regional language editions outperforming the national editions and English dailies.

“There was a clear divergence of growth rate in English and regional newspapers. While English grew below 5%, regional grew in double digits,” said Thakkar. “While there still isn’t a US-style de-growth in English papers here, they need to get serious about their digital strategies,” he added.

In private FM radio, the government gave the go-ahead for phase III of partial auctions in 69 cities where 135 channel frequencies are up for grabs. However, even the auctions are marred by some key contentious issues such as high reserve prices for the auctions, the 15% limit on the total number of frequencies that an entity can hold and the dearth of new frequencies in the profitable A and A+ cities. Yet, the upcoming auctions are expected to drive growth and FM radio sector is projected to grow at 14% in 2015.

According to Thakkar, the film industry under performed in 2014. “The sector remained flat. Content did not work and footfalls at theatres were low,” he said, adding that the industry needed to relook at its business models.

The year 2014 also marked increased deal activity in the media and entertainment sector. It recorded 61 transactions versus 26 transactions in 2013. Deal values increased from $224 million in 2013 to $2.38 billion in 2014. In the television sector, Reliance Industries Ltd, through Independent Media Trust, acquired control of Network18 Media & Investments Ltd and its subsidiary TV18 Broadcast Ltd.

live mint |

Conducive infrastructure, simpler tax regime to help media industry

The media and entertainment sector is expected to grow at a compounded annual growth rate of 13.9% to touch Rs.1.96 trillion by 2019 from Rs.1.02 trillion in 2014 if there is conducive infrastructure, a simpler tax regime and growth in digital media.

The numbers were in a report by the Federation of Indian Chambers of Commerce (FICCI) and KPMG consultancy released on Wednesday at the FICCI Frames 2015, an annual media conference held in Mumbai.

“Convergence, social media, live streaming and digital were only ideas when Frames started 16 years ago. However, these will be enablers in making India a global entertainment superpower,” said Jyotsna Suri, president of industry lobby FICCI in an inaugural panel discussion.

India is among the top 15 media economies in the world growing at double digits for five years, said Harit Nagpal, chief executive and managing director, Tata Sky.

J.S. Mathur, additional secretary, ministry of information and broadcasting, said, “As part of the Digital India initiative, we will see the rollout for phase 3 and 4 of digitization, which will cover the entire country including rural India. Every stakeholder will get his due. The cinematography Act and the new animation and gaming centre have a lot of scope and the government will move further ahead with these,” added Mathur.

“1,000 more radio channels are expected in the next 3-4 years,” said Mathur in his keynote address.

Making India a film destination is on the agenda for the government. A more conducive tax regime with the advent of the goods and services tax will help too.

“We have had fruitful discussions between the I&B ministry and the media industry. In times of widening reach of broadband and mobile usage increasing, we are here to facilitate the best move in the media and entertainment sector,” Mathur said.

Film producer Ramesh Sippy, co-chair, FICCI entertainment committee, said, “Last year, we convinced Prasar Bharati and the ministry of information and broadcasting for a dedicated kids’ content channel and the response is encouraging.”

The industry hopes the new cinematograph bill will be passed this year, added Sippy. “Happy to learn from Rathore that he has read the bill in its present form, he’s shown a lot of promise and is agreeable to most proposals,” he said.

“One tax system, improved screen density and, of course, the kids’ channel are areas we need to further improve. We need to make India a teleport hub. We use Singapore to get our material. We must have our own hub. The launch of centre for regulatory excellence is also under way this year,” Sippy added.

Actor Kamal Haasan suggested the industry look at smaller towns and rural India for creative talent while Nagpal of Tata Sky said production centres must shift to these areas as well.

On the issue of censorship, actor Aamir Khan, also on the panel, said he is against bans on any kind of content.

Business Standard |

By 2018, TV ad revenue will exceed print's

The media and entertainment industry crossed Rs 1 lakh-crore in 2014, growing at 13.9 per cent, according to the FICCI-KPMG India media and entertainment industry, 2015 report. The growth was spurred by heavy advertising spends during the general and state elections, and robust spends by e-commerce companies.

The overall ad pie expanded to Rs 41,400 crore in 2014, a growth of 14.2 per cent (in 2013 it was Rs 36,200 crore). The electoral spends were among the highest in the world, second only to the 2012 US presidential election.

Television

Television continued to contribute the lion's share of revenue (including both subscription and advertising) with Rs 47,500 crore.

While digitsation of cable continued to progress, greater transparency and higher ARPUs (average revenue per user) remained a challenge. Implementation challenges delayed tiered packaging and billing. However, DTH operators continued to improve realisations by increasing penetration of HD and premium channels and value added services.

Big e-commerce spenders and election advertising made the television industry the second-largest contributor to the overall ad pie with Rs 15,500 crore, second only to print. By 2018, TV ad revenue is estimated to surpass print.

"Advertising will continue to show robust growth over the next five years as economic growth comes back and categories like e-commerce and telecom increase spending," says Jehil Thakkar, head of media and entertainment, KPMG, India.

Print

India continued to buck the trend of declining print revenue as print grew at 8.3 per cent (Rs 26,300 crore in 2014); advertising grew at 8.5 per cent (Rs 17,600 crore in 2014).

Print ad pie was buoyed by regional publications, which grew at 9.8 per cent compared to their English counterparts that grew at 5.2 per cent.

Ad revenue formed a sizeable portion of the total revenue pie, circulation revenue growth was higher for Hindi and English markets in print.

As tier II and tier III cities grow, and the disposable income and literacy rate rise in these cities, providing impetus, print is only expected to grow.

Radio

Radio, too, gained big from election spends, with one of the highest growth rates among traditional media at 17.6 per cent to reach Rs 1,700 crore. Being a free-access medium, ads are radio's main revenue stream, helped on by political parties spending as much as 12 to 15 per cent of their ad budget on radio.

Advertisers increasingly view the medium as an integral part of their media plans. The government's auctions, planned for 135 channels in 69 cities, bodes well for radio could help the sector battle rising costs.

Digital

Digital advertising beat the expected rate of growth (33 to 36 per cent) to expand at 44.5 per cent. It is expected to be worth Rs 6,300 crore in 2015, growing at 43.7 per cent.

India became the second-largest country of Internet users. The adoption of smartphones, healthy growth in number of 3G subscribers, continued adoption of 2G in the hinterlands and concerted efforts by the digital eco-system under the Digital India Programme have helped.

Movies

"2014 was a real wake-up call for the Hindi film industry. It's time for the industry to revisit some business models, cost structures and content. The drivers of growth in previous years - multiplex expansion, rise in ticket prices and theatre digitisation - all hit maturity levels," says Thakkar.

The film industry grew at under 1 per cent, with regional films saving the day. Box office growth in Bollywood was 0.1 per cent. A reduction in cable and satellite revenue by 2.7 per cent dealt a blow (15 per cent for Bollywood).

The gap between the top 10 films and the rest of the industry further widened. The category-A films with top league actors continued to perform well.

The exhibition sector grew both organically (tier II and tier III cities) and inorganically, with major consolidation in 2014. This enabled economies of scale for exhibitors and growth of in-cinema ad deals.

live mint |

Conducive infrastructure, simpler tax regime to help media industry

The media and entertainment sector is expected to grow at a compounded annual growth rate of 13.9% to touch Rs.1.96 trillion by 2019 from Rs.1.02 trillion in 2014 if there is conducive infrastructure, a simpler tax regime and growth in digital media.


The numbers were in a report by the Federation of Indian Chambers of Commerce (FICCI) and KPMG consultancy released on Wednesday at the FICCI Frames 2015, an annual media conference held in Mumbai.

“Convergence, social media, live streaming and digital were only ideas when Frames started 16 years ago. However, these will be enablers in making India a global entertainment superpower,” said Jyotsna Suri, president of industry lobby FICCI in an inaugural panel discussion.

India is among the top 15 media economies in the world growing at double digits for five years, said Harit Nagpal, chief executive and managing director, Tata Sky.

J.S. Mathur, additional secretary, ministry of information and broadcasting, said, “As part of the Digital India initiative, we will see the rollout for phase 3 and 4 of digitization, which will cover the entire country including rural India. Every stakeholder will get his due. The cinematography Act and the new animation and gaming centre have a lot of scope and the government will move further ahead with these,” added Mathur.

“1,000 more radio channels are expected in the next 3-4 years,” said Mathur in his keynote address.

Making India a film destination is on the agenda for the government. A more conducive tax regime with the advent of the goods and services tax will help too.

“We have had fruitful discussions between the I&B ministry and the media industry. In times of widening reach of broadband and mobile usage increasing, we are here to facilitate the best move in the media and entertainment sector,” Mathur said.

Film producer Ramesh Sippy, co-chair, FICCI entertainment committee, said, “Last year, we convinced Prasar Bharati and the ministry of information and broadcasting for a dedicated kids’ content channel and the response is encouraging.”

The industry hopes the new cinematograph bill will be passed this year, added Sippy. “Happy to learn from Rathore that he has read the bill in its present form, he’s shown a lot of promise and is agreeable to most proposals,” he said.

“One tax system, improved screen density and, of course, the kids’ channel are areas we need to further improve. We need to make India a teleport hub. We use Singapore to get our material. We must have our own hub. The launch of centre for regulatory excellence is also under way this year,” Sippy added.

Actor Kamal Haasan suggested the industry look at smaller towns and rural India for creative talent while Nagpal of Tata Sky said production centres must shift to these areas as well.

On the issue of censorship, actor Aamir Khan, also on the panel, said he is against bans on any kind of content.

Mumbai Mirro |

Ten minutes in heaven

In a one-of-a-kind initiative called 'Frame Ur Idea', FICCI has launched a 3-day exercise which gives 'idea owners' the chance to sell their content to producers like Karan Johar, Siddharth Roy Kapoor, Anurag Kashyap and Ritesh Sidhwani, amongst others. The catch is: You only have ten minutes to make your pitch.

At the end of it, each producer will take home a minimum of three new projects to nurture.

Explaining the need to ape the 'film buyers and sellers marketplace' at international film festivals, Ashish Kulkarni, Chairman, Animation, Gaming, Visual Effects and Comics at FICCI, says, "Frame Ur Idea gives each presenter 10 minutes with the production house of his choosing. And there is all sorts of content coming in - People who want to sell their comic book rights, production houses who want to turn a TV show into a gaming application and authors looking for film adaptations."

The initiative also aims to increase the number of foreign delegates and focus on global marketability. "We began the Best Animated Frame Awards where we are competing against foreign entries from over 30 countries. This helps raise the quality of content on offer," Ashish adds.

IndianShowBiz.com |

Release of FICCI-KPMG report

India could well become a global entertainment superpower, provided key enablers such as flawless and timely execution of policies and interventions at a local level like speeding up permissions for multiplexes, live events and film shoots are put in place by the government. For the Indian media and entertainment players it is imperative to have tailored content strategies for global, national and local audiences and a focus on building the relevant digital and physical touch points to enable easier and more open and interactive access, says the FICCI-KPMG Indian Media and Entertainment Industry Report 2015, titled ‘Shooting for the Stars’. The report was released here today at the inaugural session of FICCI FRAMES 2015.

The report notes that India’s significant consumer market base, and increasingly favourable macro-economic and regulatory environment have prompted several investors and global players to look to the Indian market for growth.

Their optimism stems from the fact that the building blocks for future growth have been put in place in 2014 – such as new spectrum for mobile, ongoing digitization in cable, consolidation in exhibition, and Phase III auctions for radio. With the advertising boost from the ICC cricket world cup, strong projections for economic growth and on the base of these building blocks, 2015 holds great promise for the industry.

2014 has been a turning point for the Media and Industry sector in India in many ways. Post general elections, with a stable government at the centre, business sentiment has been positive and bolstered by a number of growth promoting policy initiatives taken in the recent months. A benign external environment and the presence of a stable government prompted the Economic Survey to suggest that India has reached a sweet spot and could finally be launched on a double-digit medium-term growth trajectory. Top global institutes also have an upbeat view on India. Rating agency S&P called India the Asia-Pacific region’s bright spot while the International Monetary Fund revised up India’s growth forecast, expecting its growth rate to surpass China’s in 2016.

The FICCI-KPMG report points out that in the media sector, digital media continued its rapid penetration, as indicated by the stupendous 44.5 per cent growth in digital advertising in 2014 over 2013. One of the major highlights in 2014 was the announcement of ‘Digital India – A programme to transform India into digital’ by the new Government at the Centre. India topped as the world’s fastest growing smartphone market. By the end of 2014, India had around 116 million internet enabled smartphones and the number is expected to reach 435 million by the year 2019. This growth presents a good opportunity for digital content aggregators, advertisers, app developers and online streaming companies to engage users through relevant mobile-led strategies.

The absolute number of internet connections was at a record high in 2014. With almost 9 per cent penetration of social media, India’s potential for social networking on the internet is on the rise. 41 per cent of India’s total mobile users are active on social media. The digital music industry witnessed a good deal of buyouts, sell-outs and new entries jockeying for position. The revenue from distribution of music through digital channels already accounts for over 50 per cent of the overall size of the music industry in India.

In television, advertising saw strong growth, driven by the general uplift in the macroeconomic environment, the general election spends, and the emergence of e-commerce as a significant new advertising spender. At the same time, despite rollout of digital set top boxes STBs as a part of the ongoing DAS, the anticipated improvement in addressability, increase in subscription revenues and more equitable sharing of subscription revenues continues to evade the industry. A key challenge remains the lags in implementation. The MSOs are taking time to build internal processes to reflect the change in business model from B2B to B2C. This, coupled with continuing resistance from LCOs, has resulted in delays in implementation of gross billing and rollout of channel packages in Phase I & II cities. The Ministry of Information and Broadcasting has now extended the deadlines for Phases III & IV of DAS implementation to 31 December 2015 and 31 December 2016, respectively.

The print sector continues to remain a highly fragmented space, at the national and regional level. In 2014, the print industry witnessed a rise in circulation revenues on the back of rising cover prices and subscriptions, aided by low media penetration, population growth and rising income and literacy levels. This growth largely came from tier II and tier III cities with regional language editions outperforming the national editions and English dailies. While the sector has not seen cannibalization in revenues from digital media, on the lines of the global trend, it is clear that the time has come for players to embrace digital strategies that complement the existing physical product and support brand building and penetration efforts.

The films sector was a mixed bag in 2014 with some films creating box office records, while several were unable to attract audiences to the theatre and profitability was impacted overall. The exhibition sector saw several players expanding their footprint – both organically (especially in tier II and tier III cities) and through acquisitions. The cable and satellite market also saw correction. Regional films continued to see success, in particular the Tamil and Telugu markets. Going forward, with an increasing number of multiplex screens and better internet penetration and bandwidth Tier 2 and Tier 3 cities may soon hold the prime focus of the industry.

The radio sector saw much awaited movement in Phase III auctions, with the Government giving the go ahead for partial auctions across 69 cities, potentially 135 channels. Though some key contentious issues of exorbitant reserve prices for the auctions, the 15% limit on the total number of frequencies that an entity may hold, as well as dearth of new frequencies in the profitable A and A+ cities remain, the commencement on Phase III provided the required fillip to the industry which hopes to revive its fortune with these new developments.

The Economic Times |

1,000 more FM channels may come up: I&B official

The government is planning to open the airwaves for another 1,000 plus FM radio channels, a senior I&B ministry official said today.

The government has already approved the much-delayed first batch of the radio frequency auctions in phase-III, covering 69 cities and 135 channels.

Pointing out that though there were several challenges in media and entertainment sector, I&B ministry's Additional Secretary J S Mathur said, "Emerging technologies have given way to newer platforms like mobile apps, content diversification and newer revenue models which signal exciting times for the media and entertainment sector."

Addressing the opening day of the media and entertainment industry's annual jamboree FICCI Frames, the additional secretary said the government's vision for a digital India is on track.

"After the limited phase I and II of digitisation, the roll-out of phase III & IV is a major step forward," he said adding that it would cover the entire country, including rural areas, "with tremendous stakes for all the stakeholders."

He indicated that a "lot of things are on the anvil," especially for emerging segments like animation and gaming.

Mathur also said the government is working towards making the country a global film destination, with a more enabling taxation and regulatory regime and pointed out that proposed goods and services tax regime would simplify the taxation for the industry.

With the broadband penetration widening, he urged the industry to use the opportunity.

"We are here to facilitate the best for the media and entertainment sector," he said.

IndianShowBiz.com |

FICCI FRAMES 2015 to begin in Mumbai on March 25

Come March 25 and all roads will lead to Hotel Renaissance in Mumbai where thought leaders, entrepreneurs, creative artists and visionaries, government officials, industry leaders and diplomats will congregate for three days at FICCI FRAMES 2015, Asia’s annual global convention on the entertainment and media business.The Union Finance and Information & Broadcasting Minister Arun Jaitley, is expected to inaugurate the convention, which will also be addressed by Chief Minister of Maharashtra, Devendra Fadnavis, Union Ministers of State, Col. Rajyavardhan Rathore and Gen. VK Singh, Chairman TRAI, the Secretaries of I&B, Telecom and Commerce Ministries, besides stalwarts of the Indian and foreign cinema and media.

The theme of this year’s FICCI­ FRAMES 2015, in keeping with the nation's ‘Make in India’ campaign, will aptly focus on ‘Making India the Global Entertainment Superpower’. At the industry's annual Mecca, thought leaders will deliberate upon the fastest and most efficient routes to making this a reality.

Over 3000 Indian and 800 foreign delegates representing the who’s who of the world’s media & entertainment industry will discuss the nuts and bolts of the business and the creative thought processes of this unique industry. There will be keynotes, plenary and parallel sessions on a broad spectrum of issues covering the entire gamut of media & entertainment like Films, Broadcast (TV & Radio), Digital Entertainment, Animation, Gaming & Visual Effects over a period of three days.

At FICCI­ FRAMES 2015, first FICCI Women in Media Forum at an exclusive power lunch and a heart­to­heart with TV news personality Barkha Dutt will be launched. FICCI has worked diligently towards facilitating communication and exchange between key industry figures, influencers and policy makers, working towards gender equality and ridding the industry of gender biases. To crystallize this thought into action, FICCI Women in Media Forum under the guidance of Ms. Jagi Mangat Panda, MD, Ortel Communications will be launched. The Forum will be a platform for exchange of knowledge and ideas and would aim to represent women to relevant policy­makers on issues pertaining to employment terms and practices in the media and entertainment sector.

Day one will also feature the release of the much anticipated FICCI­ KPMG report. This year’s report promises to be an interesting read, analyzing some key developments and trends from 2014 and making projections for the next 5 years. 2014 was a watershed year, with advertising bouncing back with a growth rate of over 15%, the promise of digitization in the cable industry finally beginning to take hold with some pricing changes and ARPU’s rising, the government committing to Phase III radio auctions, and the film industry seeing the need to redefine some business models and practices after a challenging year.

Says Dr. Jyotsyna Suri, President of FICCI, “We are now on the cusp of a galloping change with the digital age opening up a world of boundless opportunity, bringing creative minds, industry, government, entrepreneurs, research, and all other stakeholders together.”

Jehil Thakkar, Head of Media and Entertainment at KPMG in India, says, “Overall, a return to optimism for the industry – a clear path of double digit growth is ahead. Digital finally came of age and powered ahead – it will continue to grow at close to 30% in the foreseeable future. Digital and mobile are already starting to change industry dynamics. Digitization in cable is still to fulfill its promise – but with some changes in industry practice, hope continues. Radio was a strong performer – with close to 18% growth. All in all, a year in which the foundation was laid for a robust performance ahead.”

Renowned Hollywood studio Relativity's founder/CEO Ryan Kavananugh will address on ‘Make in India: A revolutionary new model for Hollywood and Bollywood’ setting the tone for the making of India as the global entertainment nerve centre on the first day of FICCI FRAMES. He will be joined by one of India's finest exports to Hollywood, Irrfan Khan, at a discussion thereafter.

An entrepreneurship track on the second day of the convention will deal with funding and bringing angel investors, VCs and mentoring to industry professionals and aspirants on a one ­on­one basis. A unique initiative called ‘FrameUrIdea’ will help well thought out scripts get face­time with key decision makers. The initiative would enable idea owners and producers/co­Producers/ commissioners/studios/networks to have a face to face interaction encouraging original IP creation in the areas of films, TV series, documentaries, games, experiential entertainment, mobisodes etc.

An interesting conundrum now emerging in the space between the telecom and broadcast industries will be focused upon on in the opening session of day two. To enhance skills, some important workshops such as Screenwriting with the award winning President of the Writers' Guild of America Christopher Adam Keyser; Transmedia with John Heinsen who heads new media at the Producers Guild of America; Producing documentaries with the celebrated creative director of BBC Worldwide Mike Gunton, will bring the best of international knowledge experts to Indian industry.

The future of M&E industry lies essentially in the power of the digital. With this view, the third day of FRAMES is being celebrated as ‘Digital Media Day’ with a line­up of interesting sessions such as A Founder's Tale with M&E veteran Raghav Bahl; Digital Disruption: Trends, Analysis, Insights And Projections; Making money off the digital native: Sustainable revenue models; Brand building and engagement in the digital world. Digital spearheading companies such as MGo, Vimeo, Jabong.com, Yahoo, YouTube, apart from industry leaders ­ Star, ZEE, Viacom, Disney, agencies such as GroupM, Dentsu, would be sharing their perspectives in these sessions.

A tribute to creative imagination will be paid at the Director's Masterclass with Raj Kumar Hirani and Sudhir Mishra; new edgy Bollywood will be discussed at a session with the likes of Arjun Kapoor, Ayushmann Khurana and Vikas Bahl while the burning ethical issue of the day ­ freedom of speech for the fourth estate ­ will be debated on by Sonia Singh NDTV, Matthew Amroliwala BBC, Rajat Sharma India TV and Suhel Seth.

The Statesman |

FICCI to host Hollywood, Indian film industry icons in USA

Industry body Federation of Indian Chamber of Commerce and Industry (FICCI) will organise a special session to discuss the future of entertainment by the digital world on 30 September at the University of South California.

The programme will be held at a time when Prime Minister Narendra Modi is in the USA and promoting people to people contact will be an important agenda in his talks with President Obama.

The one-day event ~ The Future of Media and Entertainment Building a New Age Global Ecosystem, Challenges and Opportunities ~ is being organised under the mentorship of internationally renowned film-maker and director Shekhar Kapur in association with law firm Nisith Desai Associates.

There will be prominent speakers from Indian and American conglomerates such as Warner Bros, Disney, Prime Focus, Dolby, Microsoft as well as important Hollywood producers such as Barry Levine. Renowned creative leaders from the Indian film industry such as Shekhar Kapur, director Rakeysh Om Prakash Mehra, Oscar winner Resul Pookutty, as well as the deans of UCLA and USC are expected to speak at this convention.

The media and entertainment industry is perhaps the best vehicle to attain this objective. The initiative is also an opportunity to strengthen India-US engagement and facilitate the exploration of future dynamics and synergies between the world's two most vibrant entertainment economies.

“I believe the media and entertainment sector can make a significant contribution to the Indian economy and serve as a harbinger of social change. India is more relevant today in the global media & entertainment ecosystem than perhaps any other country but will require new thinking to make better bets and realise that potential,” FICCI president Sidharth Birla said.

The discussions will feature substantive topics ranging from business to talent to tax and regulation that will factor in both the Indian and American perspective

millenniumpost |

FICCI to host global film icons at US meet on new media challenges

Industry body FICCI will organise a special session to discuss the future of entertainment by the digital world on September 30 at the University of South California. The programme will be held at a time when Prime Minister Narendra Modi will be in the US and promoting people to people contact will be an important agenda in his talks with President Obama.

The one-day event, ‘The Future of Media and Entertainment Building a New Age Global Ecosystem Challenges and Opportunities’, is being organised under the mentorship of internationally renowned film-maker and director Shekhar Kapur in association with law firm Nisith Desai Associates.

There will be prominent speakers from Indian and American conglomerates such as Warner Bros, Disney, Prime Focus, Dolby, Microsoft as well as important Hollywood producers such as Barry Levine. Renowned creative leaders from the Indian film industry such as Shekhar Kapur, director Rakeysh Om Prakash Mehra, Oscar winner Resul Pookutty, as well as the deans of UCLA and USC are expected to speak at this convention.

The Media and Entertainment industry is perhaps the best vehicle to attain this objective. The initiative is also an opportunity to strengthen India-US engagement and facilitate the exploration of future dynamics and synergies between the world’s two most vibrant entertainment economies.

‘I believe the media and entertainment sector can make a significant contribution to the Indian economy and serve as a harbinger of social change. India is more relevant today in the global Media & Entertainment ecosystem than perhaps any other country but will require new thinking to make better bets and realize that potential,’ FICCI President Sidharth Birla said. The discussions will feature substantive topics ranging from business to talent to tax and regulation.

IBNLive |

FICCI to host Hollywood, Indian film industry icons in US

Industry body FICCI will organise a special session to discuss the future of entertainment by the digital world on September 30 at the University of South California. The programme will be held at a time when Prime Minister Narendra Modi will be in the US and promoting people to people contact will be an important agenda in his talks with President Obama.

The one-day event, ‘The Future of Media and Entertainment Building a New Age Global Ecosystem Challenges and Opportunities’, is being organised under the mentorship of internationally renowned film-maker and director Shekhar Kapur in association with law firm Nisith Desai Associates.

There will be prominent speakers from Indian and American conglomerates such as Warner Bros, Disney, Prime Focus, Dolby, Microsoft as well as important Hollywood producers such as Barry Levine. Renowned creative leaders from the Indian film industry such as Shekhar Kapur, director Rakeysh Om Prakash Mehra, Oscar winner Resul Pookutty, as well as the deans of UCLA and USC are expected to speak at this convention.

The Media and Entertainment industry is perhaps the best vehicle to attain this objective. The initiative is also an opportunity to strengthen India-US engagement and facilitate the exploration of future dynamics and synergies between the world’s two most vibrant entertainment economies.

‘I believe the media and entertainment sector can make a significant contribution to the Indian economy and serve as a harbinger of social change. India is more relevant today in the global Media & Entertainment ecosystem than perhaps any other country but will require new thinking to make better bets and realize that potential,’ FICCI President Sidharth Birla said. The discussions will feature substantive topics ranging from business to talent to tax and regulation.

Business Standard |

Nick plans to grow up fast

On Sunday, July 6, Akshat Singh, the youngest contestant in Viacom18's Hindi general entertainment channel Colors' dance show, Jhalak Dikhhla Jaa, would have been seen by its TV audience in an animated cum live-action dance performance. He had two other characters dancing with him -Nick's Motu and Patlu, from the kids channel's second locally-made show. It is the latest in cross-pollination that Viacom18's kids franchise, Nickelodeon, is using to catch its 'screenager' audience.

Nina Elavia Jaipuria, EVP & business head - kids cluster, says, "With children, it is about reaching them in their homes, schools and today, for the screenagers, the different screens they watch content on. We would be leveraging the strength of our network to create such an ecosystem and cross-pollinate even more." Audience reach is not the only objective of a franchise that has been trailing competition but has been growing fast of late.

Jaipuria says that such technological innovations could make for a compelling sell to advertisers. Kids genre on television is one which may now have command over 7.5 per cent in viewership share (cable and satellite households, four years and above), after Hindi GECs and movies, but its share of the total advertising pie is only 4.2 per cent as per the FICCI-KPMG Indian Media and Entertainment Industry Report 2014 and TAM data. To boost advertiser interest, Jaipuria says such media innovations could also add value to brands for a category (kids) that is "heavily under-indexed". "It is time advertisers gave us our due. We are reaching kids who, these days, act almost like in-house consultants," says Jaipuria.

With the 12-minute advertising cap, Nickelodeon is focusing on these integrations for brands. It had integrated GSK's Horlicks Kesar Badam variant into its show Motu Patlu, for example, by getting one of the characters to drink it. "Instead of a passive placement, we wrote the product into the script," Jaipuria.

Jaipuria also says the strategy of launching channels for each audience group among children should go a long way too to ramp up media planners' spends on the channel. "Kids are entering and exiting age-groups much faster and each have different entertainment needs. The channels are differentiated and won't cannibalise each other."

The multi-channel strategy has attracted new kinds of advertisers. "Lifestyle brands such as Reebok and Micromax might not have spent earlier but now they have on Sonic,"says Jaipuria. Almost 10-15 per cent are non-kids advertisers and includes telecom, FMCG, durables and even insurance brands. Nick Junior would be dependent on merchandising and edutainment integrations.

Underdog so far

Nick and its cousins have trailed other kids channel networks so far (Turner Network's Cartoon Network and POGO, for instance). POGO launched what became a success story in Indian-character merchandising - Chhota Bheem. But now Viacom is trying to catch up. It is expanding its locally-made shows and its opportunities of off-air branding for both international and the local characters. "It (Indian content) took us a while. Our first outing with Little Krishna got tremendous response," says Jaipuria.

It has since launched Motu Patlu with Hindi heartland nuances such as chai-stalls and samosas, and Pakdam Pakdai, a silent chase comedy. Motu Patlu grew its contribution to the channel (Nick) from 22 per cent in April to 37 per cent in viewership ratings in May and June. While the category has grown 8 per cent to 1,326 TVTs (television viewership in thousands, all India, 4-14 years of age) in April-June, 2014 over the same period in 2013, Nick has grown by 11 per cent (200 TVTs in April-June, 2014) and Sonic by 222 per cent (69 TVTs in the same period).

As with the Jhalak initiative, Nickelodeon is now planning to spin more on-ground activities around the Indian characters such as 'meet and greet' at malls, besides online tournaments. It recently tied up with Dominos to license Spongebob toys, one of Nickelodeon's most popular global toons, for Joy Box - a combo meal for kids. It might also take the Dora theatrical, a musical play, for tiny tots, that is ticketed, to more Indian cities this year, after last year's Delhi debut.

With production cost of animation twice that of live-action (the FICCI KPMG report says content costs range between Rs 15 lakh-20 lakh for 30 minutes, much more than most fiction shows on Hindi GECs), Viacom18 would be looking to increase the relevance of its kids shows beyond TV.

Asian Age |

Bollywood dance moves that made Cannes groove

The Cannes film festival is the Mecca of films where each year people from the film industry all over the world come together to celebrate films. It is “the place” where film deals are cracked, connections are made and many a times, budgets are finalised too. This is that one time of the year, which no one in the cinema business would like to miss.

The Cannes film festival each year is like a marathon a race of thousands of producers, directors, celebrities, commoners and journalists all coming together for just one common love, cinema.

This year, the 67th Cannes film festival was no less. Over 30,000 people attended the event. Like always, there were loads of film screening, parties, talks and sessions by film industry big wigs on the French Riviera. I feel fortunate that I was a part of this great celebration of films this year too.

In recent times, India has been shining at the Cannes film festival making an impact like never before, not only in the category of films, but even in fashion and style categories too, on one of the world’s most coveted red carpets. But this year, I am humbled to say that we have added another feather to our cap thanks to Leena Jaisani of FICCI, along with her team who did a fantastic job of getting people together at the India Pavilion at Cannes. This was the first time the ministry of information and broadcasting, India had selected FICCI to take charge of the India Pavilion at Cannes and I must say Ms Jaisani did a commendable job. India Pavilion was buzzing with talks by legendary actor Kamal Haasan, celebrated filmmaker Ramesh Sippy, producer Bobby Bedi and even the new Hollywood entrant producer Uday Chopra all talking about their common passion for film and the growing love for Indian cinema world over.

Giving me support at the session was super model and actress Jesse Randhawa, Indo-French classical dancer and Chevalier Raghunathan Manet and actress turned producer Kiran Joneja Sippy.

I started off talking about how Bollywood moves have become the most practiced steps world over, from reality television shows like So You Think You Can Dance, Dancing with the Stars, to stage shows, talk shows to even Hollywood films everyone wants a piece of Bollywood today. Kiranji added how many millions of dollars are spent on just one song in Bollywood proving that our song and dance numbers hold a very important place in our films.

Jesse spoke about how actors and actresses today need to train in dance and learn the finer points so that they can perform the complicated moves set by the choreographers to the best of their abilities citing the example of her jazz-based item song in Anurag Kashyap film No Smoking with John Abraham. Further, Raghunath danced a classical number and showed his reservations of changing trends in film dance, which he felt, was moving from classical and folk to more modern and contemporary steps. To which I disagreed and said, “Dance moves are based on film requirement and concept. Let us look at Devdas, which was classical-based, Ram Leela was folk-based, Dhoom had hip-hop and now, Anurag Kashyap’s new film Bombay Velvet is Jazz-based. It all depends on the film and how it is being portrayed.”

When the session was coming to an end, Jesse and I danced and demonstrated how international Ballroom dance like Waltz and Salsa are being used to showcase romance in Bollywood films. We mixed it with some typical Bollywood latkas and jhatkas.

The question and answer round began and one journalist said that Bollywood moves are very difficult to learn and do and I fully opposed her thoughts. I requested all present to join me and I would show some dance moves on the hit Bollywood songs.

To my surprise, everyone wanted to get up and dance. All of them had a blast learning the moves and so did I teaching them various popular steps.

It is time that everyone realises that it is not just the hit songs that make a film hit but, it is even the hit moves to the hit songs that make the song and film even a bigger hit.

The Hindu |

Take risks, make films: Kamal, post Cannes

Kamal Haasan is back from the Cannes Film Festival with renewed vigour to break new boundaries and reach out to a global audience.

The actor and film-maker, who led the Indian delegation to the ongoing international film festival in the French city, lauded the ministry of information and broadcasting and the Federation of Indian Chambers of Commerce and Industry (FICCI) for setting up the Indian pavilion in such a way that it became “a hub for networking”.

“It is important that the film-makers of today find the right people to connect with,” he said in a statement issued on Monday. “And so it is a great initiative on part of the ministry of I&B and FICCI to develop the programme of India Pavilion in such a way that many important international names in the film business have been coming to the pavilion.”

The actor also took the opportunity to appreciate the new breed of film-makers who take the risk of straying away from mainstream formula. In his statement, he recalled that during the course of a session on ‘Co-production: Merging resources to create magic’— where the panellists included information and broadcasting ministry secretary Bimal Julka, New Zealand Film Commission CEO Dave Gibson, Telefilm Canada executive director Carolle Brabant and Film France deputy director Franck Priot — Mr. Haasan had noted that co-production treaties allowed film-makers today opportunities that were unthinkable a decade or two ago.

To a question as to why Indians had not cracked the competition section at Cannes and won the coveted Palme D’Or yet, he answered: “The problem is that we are a self-sufficient nation.” He urged Indian film-makers to stop being satisfied with the familiarity and safety of local markets and start taking risks, so that India could produce global content appreciated across the world.

Financial Chronicle |

Kamal Hassan to inaugurate India Pavilion at Cannes

Actor-director Kamal Haasan, who is the chairman of FICCI media and entertainment business conclave, will inaugurate the India Pavilion at the Cannes Film Festival.

FICCI, in association with the Ministry of Information & Broadcasting, will be organizing interactive sessions with Indian and international film industry stakeholders at the India Pavilion, which will showcase Indian cinema across linguistic, cultural and regional diversity.

The focus this year is to establish India as a global film shooting destination by highlighting initiatives like Single Window Clearance and co-production agreements with various countries that will enable this.

There will also be a discussion and felicitation of 'Titli', India's selection at the festival's Un Certain Regard section along with the cast and crew, including director Kanu Behl.


The Hindu |

Kamal leads delegation

Actor-filmmaker Kamal Haasan, who is also chairman of FICCI Media and Entertainment Committee-South, will lead the Indian delegation to the 67th Cannes International Film Festival, which began Wednesday.

Apex business chamber in India — the Federation of Indian Chambers of Commerce and Industry (FICCI), for the first time this year, is co-ordinating on behalf of the Ministry of Information and Broadcasting for the India Pavilion at the gala.

Kamal inaugurated the pavilion along with luminaries such as Arun K. Singh, Indian Ambassador to France; Bimal Julka, Secretary, Ministry of Information and Broadcasting; Jerome Paillard, executive director, Marche du Film (the Cannes Film Market); and actor-producer Uday Chopra.

The India Pavilion showcases Indian cinema across linguistic, cultural and regional diversity, with the aim of forging an increasing number of international partnerships in the realms of distribution, production, filming in India, script development and technology, and promoting film sales and syndication. “As chairman of the FICCI Media and Entertainment Committee - South, I am delighted to have this opportunity to speak about the development of the southern industry, which has been a special focus of mine for the last five years,” Kamal said in a statement. The Cannes film gala concludes on May 25.

The Hindu |

Kamal to lead delegation to Cannes

Actor Kamal Haasan, who is also chairman of FICCI Media and Entertainment Committee - South, will lead the Indian delegation to the 67th Cannes International Film Festival, which begins on Wednesday.

The Federation of Indian Chambers of Commerce and Industry (FICCI) is handling co-ordination at the India Pavilion on behalf of the Ministry of Information and Broadcasting at the gala.

Mr. Haasan will lead the official Indian delegation and inaugurate the pavilion along with Arun K. Singh, Indian Ambassador to France and Bimal Julka, Secretary, Ministry of Information and Broadcasting.

The India Pavilion will showcase Indian cinema, with the aim of forging international partnerships.

Business Standard |

Kamal Hassan to inaugurate India Pavilion at Cannes festival

Actor-director Kamal Haasan, who is the chairman of FICCI media and entertainment business conclave, will inaugurate the India Pavilion at the 67th Cannes Film Festival.

FICCI, in association with the Ministry of Information & Broadcasting, will be organizing interactive sessions with Indian and international film industry stakeholders at the India Pavilion, which will showcase Indian cinema across linguistic, cultural and regional diversity.

The focus at this year's festival, which begins today, is to establish India as a global film shooting destination by highlighting initiatives like Single Window Clearance and co-production agreements with various countries that will enable this.

Along with Haasan the pavilion will be inaugurated by luminaries like Arun K Singh, Indian Ambassador to France; Bimal Julka, Secretary, Ministry of Information and Broadcasting; Jerome Paillard, executive director, Marche du Film (the Cannes Film Market); and actor-producer Uday Chopra.

Chopra, who heads the international arm of Yash Raj Films, is attending Cannes as one of the producers of the festival's opening film 'Grace of Monaco'.

There will also be a discussion and felicitation of 'Titli', India's selection at the festival's Un Certain Regard section along with the cast and crew including director Kanu Behl.

The India Pavilion will also be showcasing trailers of recent Indian films and displaying brochures and other literature of Indian film companies.

Cannes Film Festival concludes on May 25.

The Statesman |

Kamal Hassan to inaugurate India Pavilion at Cannes

Industry body FICCI said today it is coordinating with the Ministry of Information & Broadcasting this year in putting up the India Pavilion at the 67th Cannes Film Festival, starting from 14 May.

“This will be a path-breaking India pavilion with the legendary Kamal Haasan, producer, director, actor and chairman, FICCI Media and Entertainment Business Conclave, inaugurating the pavilion,” FICCI said in a press statement here.

The India Pavilion will be showcasing Indian cinema across linguistic, cultural and regional diversity, with the aim of forging an increasing number of international partnerships in distribution, production, filming in India, script development and technology, and promoting film sales and syndication. In particular, the area of focus at this year's Cannes Film Festival is establishing India as a global film shooting destination and highlighting initiatives such as single window clearance and co-production agreements with various countries that will enable this.

The Ministry has released the “India Film Guide for Cannes” which has exhaustive descriptions of the policy initiatives of the ministry, its affiliated bodies; details of all India's co-production agreements; all Indian films at Cannes and all visiting India delegates; key databases pertaining to the sector and the winners of this year's national awards.

The India Pavilion will also be showcasing trailers of recent Indian films, display brochures.

Business Standard |

Kamal Haasan to lead official Indian delegation to Cannes

Actor-filmmaker Kamal Haasan, who is also chairman of FICCI Media and Entertainment Committee-South, will lead the Indian delegation to the 67th Cannes International Film Festival, which begins Wednesday.

Apex business chamber in India - the Federation of Indian Chambers of Commerce and Industry (FICCI), for the first time this year, is co-ordinating on behalf of the ministry of information and broadcasting for the India Pavilion at the gala.

Kamal will lead the official Indian delegation to Cannes and inaugurate the pavilion along with luminaries such as Arun K. Singh, Indian Ambassador to France; Bimal Julka, Secretary, Ministry of Information and Broadcasting; Jerome Paillard, executive director, Marche du Film (the Cannes Film Market); and actor-producer Uday Chopra.

The India Pavilion will showcase Indian cinema across linguistic, cultural and regional diversity, with the aim of forging an increasing number of international partnerships in the realms of distribution, production, filming in India, script development and technology, and promoting film sales and syndication.

"Indian films - including south Indian ones - have been selected and honoured at the Cannes Film Festival for many years now. I'm happy to be part of the official Indian delegation, which will allow me the chance to speak to the world film community about the Indian film industry today.

"As chairman of the FICCI Media and Entertainment Committee - South, I am delighted to have this opportunity to also speak about the development of the southern industry, which has been a special focus of mine for the last five years," Kamal said in a statement.

The Cannes film gala will conclude May 25.

The Statesman |

FICCI-IIFA global biz forum in USA

In the shadow of current challenges in India-US relations, the just concluded FICCI-IIFA global business forum at Tampa Florida has found keen anticipation in taking the Indo-US strategic partnership forward.

Mr Harshavardhan Neotia, vice-president of FICCI, who led a-20 member CEO's delegation to Tampa Florida, urged business leaders from both sides to look at opportunities beyond infrastructure and IT, driven by genuine interest in each other's economy.

There is a keen anticipation to take forward the Indo-US strategic partnership, which seems to have somehow gone to a zone of discomfort, he stated.

The Hindu |

Indian cinema flexes its business muscle abroad

The 15th International Indian Film Academy (IIFA) Awards is rocking this scenic coastal town in Florida with Hindi cinema’s new generation of stars lending glamour to its biggest celebration outside India. The cream of Bollywood is making a later appearance due to elections back home.

This is the first time the awards are being held in the U.S. and it is expected to bring in tourism and business opportunities at the ongoing FICCI-IIFA Global Business Forum. At the IIFA Expo here everything from samosas to Indian bridal wear to properties in DelhiNCR is on sale.

At the media curtain raiser, Rick Scott, Governor of Florida, said, “The people of Florida are proud to be your host, and we look forward to showcasing the hospitality that makes the sunshine state the world’s travel destination”.

The local media is sitting up and taking notice. An editorial in The Tampa Tribune said the awards “will push the state’s film industry”. The event is expected to attract more than 25000 visitors, generate $30 million in economic activity and, significantly, highlight the region as a location for Bollywood films, the editorial observed.

The interest is palpable on the ground as around 4,000 people turned up to watch Bollywood Stomp, the opening gig of the four-day event, where the only top Bollywood celebrity on show was Anil Kapoor. Allen Blaire, a local businessman, really got into the mood of the event. “First I watched it from my 15th floor apartment but then I realised that I should come down and embrace the electric mood. America is an amalgamation of different cultures. I am a third-generation Irishman and I feel Bollywood could well be the new wave that I will like to embrace,” he said.

The awards were essentially meant to engage the Indian Diaspora, but Bollywood doesn’t seem to be pandering to the NRI audience. “It is not that Indian film makers have turned completely away from the NRI audience,” producer-director Ramesh Sippy told the The Hindu, “Only the way to engage with the Diaspora has changed. Take Queen, the latest hit from Bollywood. Many Indians living abroad would have identified with the kind of obstacles the girl faces when she moves out of India”.

The creative association between the two countries was on display when Anupam Kher’s short documentary I Went Shopping for Robert De Niro premiered on the opening day. Two-time Academy Award winner Kevin Spacey is scheduled to conduct an acting workshop and John Travolta will turn up on Saturday with Priyanka Chopra to address the media.

Business Standard |

'Multiple taxes hindering media & entertainment sector's growth'

Representatives from the media and entertainment (M&E) sector - television, radio, DTH (Direct To Home) operators and films - on Friday deliberated on taxation issues at FICCI Frames.

The key issues - Multiple taxes (VAT + service tax) on a single transaction, high entertainment tax (15-50 per cent across states), ambiguities surrounding withholding tax, etc. The sector is tangled in a host of taxation-related litigation, hindering its growth, feel experts.

Many believed tax authorities should be "less aggressive".

Nitin Nadkarni, Chief Financial Officer , Multi Screen Media, said, "Singapore tax authorities are quite mature, business-oriented in their approach on taxes and are very accessible. We do not see all these in the Indian tax departments - especially among lower-level tax officials. Indian tax authorities view tax as a revenue source and are not business-oriented."

Narayan Prabhat Ranjan, CFO, Viacom 18 Media, said, "The way our authorities interpret taxes is a key factor. The government focus on manufacturing-based taxes should change. There should not be multiple taxes on one transaction, which is the case currently."

L Suresh, vice-president, the Film Federation of India (FFI), said, "The Film Federation of India is clamouring with every state to bring down entertainment tax. We have requested the authorities to reduce the amortisation period for losses incurred by movies from 90 days currently to 60 days, given that only seven-eight per cent of films made in India are a hit in any year."

The general refrain was implementation of Goods & Services Tax could solve most tax problems of the M&E sector except for entertainment tax.

Sambasivan G, CFO, Tata Sky, highlighted the tax issues faced by DTH companies.

"Of every Rs 100 earned by a Direct-To-Home operator, Rs 30-35 go to the Government of India in the form of various taxes. We believe Direct-To-Home is a service industry, and hence, should pay 12.36 per cent service tax. Since DTH does not provide entertainment, it should not be liable to pay entertainment tax. There is also ambiguity about whether Customs duty should be charged on the selling price of set-topboxes or their purchase cost. We think it should be charged on their purchase cost."

Asheesh Chatterjee, chief financial officer, Reliance Broadcast Network, highlighted deductibility of one-time licence fee at the start of a channel as a key issue to be addressed.

Business Line |

‘Govt has not been able to harness power of media’

A broken relationship exists between the government and the media, rife with “dire consequences”, and that a failure to establish credibility and importance has meant “the industry perennially stays on a back foot, defending itself against every new wave of regulation aimed only at further curtailing its wings,” Star India CEO Uday Shankar said.

Speaking at an event in Mumbai, Shankar, who is also the Chairman of FICCI’s Media and Entertainment committee, said the government has not been able to leverage either the impact that mass media can have in India, or harness the power of media as an economic engine that can create jobs and wealth.

Calling for “a new contract between the government and the media,” Shankar pointed out that the next government’s ‘regulatory agenda’ for the media would play an important role in the growth of the sector, observing that the process had been stalled after some progress.

“Whether in accelerating the digitisation of television delivery, or creating progressive frameworks on consumer pricing,” Shankar told the audience, that the agenda is awaiting the arrival of a transformational government.

Reacting sharply to the recent AAP party’s attack on the media, the CEO said, “It was the media that had created rock stars out of a bunch of street artists and protesters. It was the relentless 24 by 7 coverage of facts and high decibel theatrics that created a political party from thin air and installed them in the government. You would have thought these leaders would have been grateful to the media for nurturing them....yet, they resorted to accusations of corruption...”

Shakar said, “...irrespective of the political party or government, the expectation from the media is that they will always be flag bearers for the party line...dare they cross the line into seeking accountability or evidence of performance, they are dubbed as incompetent, or worse, corrupt.” In his speech, he urged all the stakeholders to remain committed to retaining the vibrancy of the sector.

Business Standard |

FICCI Frames: Digital and television screens can co-exist

In an era of multiple screens vying for the attention of viewers, experts feel television would continue to be the central screen, at least in the medium term.

While one might look at mobile screens and laptops as competition for the television news, trends show advertising on TV is not suffering at the hands of digital media. Discussions at the second day of FICCI Frames centered around how monetising can be drawn from multiple screens and how each can compliment the other rather than compete.

While all the industry stalwarts agreed that growth of digital media (social media websites and mobile internet) was much higher than that of traditional news media such as television and print, they believed the major shift in advertising revenues is sometime away.

Bhaskar Das, chief executive officer, Zee Media, said, "Advertising money has not yet moved away from television and print to digital media. However, over the next three-five years, this big shift will happen".

While regional print media has done very well in the year gone by, experts believe non-English content would drive growth of digital media in India. With deeper penetration of mobile internet into Tier-II territories, localisation in terms of language has become very important.

Chetan Krishnaswamy, head, public policy and government relations, Google India, said, "With four million users coming online every month, almost all of them on mobiles, the mobile is now the real tool of empowerment. Future users would largely be from the non-English speaking populace. Already, language websites are growing faster than English websites. The Internet has great power and it can only make democracy a better social catalyst."

The good news is that the three mediums namely print, television and digital media need not necessarily compete with each other. They can in fact work together exploring opportunities for sharing content across all the mediums. For instance, a television news channel can carry important social media web pages to highlight a news trend and vice-versa.

The digital medium can also act as a director towards the other screens. We see this happening in the form of ticketing apps for cinema on the mobile and interactive apps and advertising on mobile for television and print.

However, some did take a more conservative view on the existence of multiple screens and felt that one could be a threat to the other.

Ashok Venkataramani, CEO, MCCS India, believes that in addition to the growing popularity of digital media, television news channels also have to deal with another key challenge.

The Times of India |

Digital disruption creating new consumer habits: Times Internet CEO

Monetization of different platforms and innovation in content for multiple devices was the recurrent theme at FICCI FRAMES 2014. Delivering the keynote address on 'Monetization Opportunities in the Multiscreen World' here on Thursday, Satyan Gajwani, CEO, Times Internet, said that the real excitement in the digital media is in the various platforms.

"This is disrupting the way consumers watch movies, listen to music, learn and are seeking information. This is the real challenge and the driver for immense growth because digital is creating new consumer habits," he said.

Gajwani, along with the other speakers in the session, highlighted how India is shifting more towards digital as consumers get used to accessing content on mobile devices. "Digital media companies are larger than traditional media companies. Digital will be the largest driver of growth in the next 10 years," he said. Times Internet is the largest online group in India with over 50 million unique monthly visitors.

Innovation in content, however, given the sheer number of providers, will be the key to success. This poses an immense challenge for advertizers as well. "Innovation in content will lead to more engagement with consumers, subsequently revenues," he said. Advertizing monies spent on multiscreen tends to gain more due to visibility compared to spending on one platform. Gajwani compared traditional electronic media to the new-age digital media saying that unlike the fight between limited content providers for TV, in the digital space the competition is between thousands of content providers as well as hundreds of distribution platforms.

Piracy emerged as one of the biggest concerns for the digital media world during the session. Both content providers and distribution platforms have been complaining and battling this issue on an individual as well as policy basis. "Our mandate is to build something so that it is better than piracy. Customization and creating value propositions will distinguish quality, making us as comprehensive as possible," Gajwani said. Quality of content will ensure people participation and revenue generation.

Business Standard |

Digital and television screens can co-exist

In an era of multiple screens vying for the attention of viewers, experts feel television would continue to be the central screen, at least in the medium term. While one might look at mobile screens and laptops as competition for the television news, trends show advertising on TV is not suffering at the hands of digital media. Discussions at the second day of FICCI Frames centered around how monetising can be drawn from multiple screens and how each can compliment the other rather than compete.

While all the industry stalwarts agreed that growth of digital media (social media websites and mobile internet) was much higher than that of traditional news media such as television and print, they believed the major shift in advertising revenues is sometime away. Bhaskar Das, chief executive officer, Zee Media, said, "Advertising money has not yet moved away from television and print to digital media. However, over the next three-five years, this big shift will happen".

While regional print media has done very well in the year gone by, experts believe non-English content would drive growth of digital media in India. With deeper penetration of mobile internet into Tier-II territories, localisation in terms of language has become very important.

Chetan Krishnaswamy, head, public policy and government relations, Google India, said, "With four million users coming online every month, almost all of them on mobiles, the mobile is now the real tool of empowerment. Future users would largely be from the non-English speaking populace. Already, language websites are growing faster than English websites. The Internet has great power and it can only make democracy a better social catalyst."

The good news is that the three mediums namely print, television and digital media need not necessarily compete with each other. They can in fact work together exploring opportunities for sharing content across all the mediums. For instance, a television news channel can carry important social media web pages to highlight a news trend and vice-versa.

The digital medium can also act as a director towards the other screens. We see this happening in the form of ticketing apps for cinema on the mobile and interactive apps and advertising on mobile for television and print.

However, some did take a more conservative view on the existence of multiple screens and felt that one could be a threat to the other.

Ashok Venkataramani, CEO, MCCS India, believes that in addition to the growing popularity of digital media, television news channels also have to deal with another key challenge.

DNA |

Digitisation to drive media & entertainment industry growth

The Indian media & entertainment industry grew 11.8% last year over 2012, touching Rs 91,800 crore on the back of digitisation growth in regional media, according to a KPMG report released at 15th FICCI Frames global convention on Wednesday.

The overall growth rate remained muted, with a slow GDP growth and a weak rupee thus impacting advertising.

The advertising industry faced a rough year in 2012 and there were expectations for a better performance in 2013. But the continued economic slowdown, depreciation of the rupee and low GDP growth resulted in persistent negative sentiment, leading to a muted growth rate for the industry in 2013.

Punit Goenka, CEO, Zee Entertainment Enterprises Ltd, in his keynote address at the FICCI Frames inauguration said the industry has reached at a juncture which is filled with opportunities and challenges and is no longer a rapidly growing Indian media and entertainment industry.

"What I firmly believe is that, this industry has all that it takes to have global aspirations. This industry is blessed with such great talent and potential, that it has all the required elements to produce content which is of international standards, to devise world class content distribution platforms, and to entertain and engage the global audience. It is extremely essential for us to prepare ourselves to face the changing dynamics of this global industry," said Goenka.

In 2013, the total advertising spend from various sectors across all media was estimated at Rs 36,250 crore. Among various media, print and television continued to be the primary media platforms, claiming nearly 82% of total revenue and could continue to be the most dominant media for the next five years. The buzzword last year, however, was 'digital' (medium), whose advertising revenue grew 38.7% occupying a market share of 8.3% and the trend is expected to continue in 2014.

The year 2014 is expected to be a promising year due to the impending national elections and high expectations from sectors like FMCG, automobile (multiple new launches planned) and financial services, with the overall growth of the advertising market projected at 13.1%.

Hindustan Times |

Media, entertainment biz to grow at 14% clip

India’s media and entertainment (M&E) industry is expected to log 14.2% growth to touch more than Rs. 1.78 lakh crore in the next four years, according to a FICCI-KPMG report released on Wednesday.

Driven largely by digitisation, the industry in 2013 grew at 11.8% over 2012 and touched ` Rs. 91,800 crore.

“The media and entertainment industry is expected to register a CAGR (compounded annual growth rate) of 14.2% to touch Rs. 1.78 lakh crore by 2018,” a report titled “The Stage Is Set” said.

The report sees digital advertising witnessing the highest CAGR of 27.7% by 2018.

Praising the healthy growth of the industry amid GDP growth and a weak rupee, Uday Shankar, chairman, FICCI Media & Entertainment Committee, said the real value of the sector is that it remains central to defining the direction of the country’s social and economic path.

“The fact that we have been able to deliver this in light of an overall economic growth of 4% and a major resetting of exchange rates is a testament to the tenacity of the industry’s leaders and stakeholders,” Shankar, who is also the CEO of Star India, said at the inaugural session of 15th edition of FICCI Frames.

Business Standard |

Media will not get a poll boost, says KPMG

Despite the coming elections, the 2014 growth forecast for the media and entertainment (M&E) sector continues to be conservative at 13 per cent, according to KPMG.

The sector grew 11.8 per cent in 2013 (12.6 per cent in 2012) despite a sluggish economy (growing at 4.5 per cent, impacting advertising revenue growth) and a weaker rupee versus the dollar (pushing up the import costs of set-top boxes). In 2013, the sector touched Rs 91,800 crore, said a KPMG report.

“While the elections are expected to give the April-June quarter a spurt, in terms of spends, the ensuing quarters will see a pullback, as the macro economic conditions continue to be slow,” said Jehil Thakkar, head of media and entertainment, KPMG in India.

According to the FICCI-KPMG M&E sector report, released at the 15th FICCI Frames here on Wednesday, the media and entertainment segment saw 26 transactions in 2013 versus 35 in 2012. Deal values, too, were comparatively lower. “We will only see deals increasing and activity picking up once there is clarity on the regulatory and economic fronts. Consolidation, as well as inbound deals, are likely to pick up once there is more certainty on both fronts,” said Thakkar.

The KPMG report says the tax structure and regulatory environment added to the challenges. The sector was burdened with the varied streams of direct and indirect taxes — entertainment tax, service tax, VAT, income tax, to name a few. The Telecom Regulatory Authority of India had recommended a revision of foreign direct investment limits in certain segments. Approval to this could boost investment, the report added.

On the first day of the three-day event, leaders from various segments put across their views and concerns. Punit Goenka, chief executive and managing director of Zee Entertainment, said the sector employed a significant workforce, of six million, and hence was crucial for social and economic development of the nation.

Uday Shankar, FICCI Frames chairman and STAR India chief executive, said while the growth was encouraging when compared with the growth of the economy, many gaps existed. “While delivering a growth rate three times that of the country at large is a cause for satisfaction, the truth is that in dollar terms, we have barely made a dent this year. And, even more important we remain at a great distance from the goal of growing the sector to $100 billion,” said the former journalist.

Mergers and acquisitions would be rampant, said Bimal Julka, secretary, information and broadcasting ministry, given that there were approximately 800 channels in the country and around 245 pending channel licences.

Julka said self-regulation was the best form of regulation for content, ad regulation and TV viewing measurement. He urged the Broadcast Audience Research Council to ensure the issue over ratings was cleared, given that TRPs or target rating points were critical for the broadcasting sector. Talking about the positives of digitisation, Julka said, “We have seen that the entertainment tax collections from the territories where digitisation has been successfully implemented have increased two to three times.”

Broadcasters, however, said a lot was yet to be done in digitisation. Sudhanshu Vats, Group CEO, Viacom 18, said, “We have succeeded in digitising TV viewing homes but I would like to know when addressability comes into practice. Until we achieve that, the process is not complete.” The regulator should discontinue the practice of charging carriage fees, he added.

FICCI had sent a list of suggestions to the government for growth of the sector. Harshvardhan Neotia, vice-president, FICCI, said, “We have suggested to the government four key issues, namely, expediting the roll-out of digitisation, implementation of Goods and Services Tax, fighting piracy and launching a children’s channel with the national broadcaster.”

livemint |

Media Industry's Growth Slows in 2013

India’s media and entertainment industry grew by 11.8% to Rs91,800 crore in 2013, compared with a 12.6% rise in the previous year, as a slowing economy suppressed advertising revenue, according to the 2014 FICCI-KPMG report on the sector released in Mumbai on Wednesday. Gaming and digital advertising were two areas that recorded strong growth in 2013, the report said.

Business Line |

Media is a catalyst for change: Karan Johar

FICCI Frames, the three-day annual event of the media and entertainment (M&E) industry, kicked off on Tuesday. Bollywood film director and producer Karan Johar, who is also the Chairman of Frames, spoke to Business Line on the growth opportunities, challenges and trends related to the Rs 92,800-crore industry.

Edited excerpts:

Despite the economic slowdown, the M&E industry continued to grow. Which sector contributed to the growth? What is the target for this year?

The overall GDP grew under 5 per cent and the M&E industry grew by 12 per cent.

It is lesser than what was projected. Given the state of the economy, we managed well. For sure, these are tough times.

Despite that situation, we managed to grow. That’s a positive.

The digital media and increases in TV subscription revenue are reasons for the growth momentum.

Lok Sabha polls are round the corner and our growth will depend on the mandate. A clear majority Government will signal growth momentum to pick up for the sector.

What is your expectation from the FICCI Frames this year? Was the industry body able to address the issues last year?

FICCI Frames has evolved over the last 15 years. This year, it’s happening at a time when the stakeholders can clearly express the agenda for the future to political parties. Last year, we focused on the ‘power of a billion consumers’. The demand to push the M&E sector to explore new platforms is already there. Our young demographics provided an added advantage to innovate. The time has come to support the industry with right incentives, so that the industry can leverage the rapidly changing technology and continue to upgrade the capabilities of its 10-million-strong workforce.

What are the key challenges and how are you planning to overcome them?

M&E as a sector stands essentially as a catalyst for change. The media has always been the shaper of public opinion and, hence, an influencer of political destinies – the role of free speech and freedom of expression is paramount in order for the media to remain the moral conscience of a multi-cultural democracy.

There are challenges and implementation risks in cable TV digitisation’s further delay in the phase III roll-out. The industry is also waiting for the Phase III FM radio auctioning. The continued low rate of economic growth is a challenge as low growth will only signal poor ad spends. Political uncertainty will dampen the growth of the M&E sector.

We have often heard about films getting stalled due to censorship issues. How is Frames planning to address this problem?

A committee headed by Justice Mukul Mudgal has submitted its recommendations along with a model Bill to replace the existing Cinematograph Act, 1952.

The Ministry of Information & Broadcasting has stressed on the need for a sound legal architecture for promoting cinema as a form of creative expression. We welcome that.

At present, there are multiple entertainment taxes across States. Is there a need to standardise entertainment tax rates?How will the implementation of GST help?

We look forward to the introduction of GST (Goods and Services Tax) and the Direct Tax Code and simplify the existing clutter of taxes and tax administration, thereby, allowing the industry to plan better. The existing tax structure (entertainment tax) should be subsumed under the GST. This tax structures needs to standardise.

What is your view on the service tax on artistes?

Our demand from FICCI is that service tax on artistes is an additional cost on film producers as they have no ability to pass it on to customers – newly introduced tax on artistes in negative list should be deferred up to introduction of GST.

Business Standard |

There is no tax holiday to encourage the industry: Ramesh Sippy

Having spent over 40 years in the film industry, producer-director Ramesh Sippy has seen Bollywood evolve. He feels Hindi cinema has come a long way and is hopeful it will achieve greater heights. As the co-chair for FICCI Frames, Sippy feels a lot is to be done to help Bollywood and Indian cinema get there. He talks to Urvi Malvania about what he feels is holding the industry back. Edited excerpts:

What are the issues that need to be addressed regarding the film industry?

The industry is plagued by some pressing issues like funding and copyright. Even after 14 years of being given industry status, it is still difficult to get institutional funding for films. People have tried, but the trend has never really set in.

Part of the issue is taxation. Producers are burdened with all kinds of taxes — service tax, entertainment tax, etc. Why should that be the case? It took six to seven years of battle to get VAT (value-added tax) removed. There is no tax holiday to encourage the industry either. That we grew at 12 per cent in 2013 and 20 per cent in 2012 means that the industry is doing well, even in times of an economic slowdown. But issues like heavy taxation keep investors at bay sometimes.

Is it also because the industry is still not organised?

I would not say it is not organised. We have come a long way. Now we have contracts and everything is more professional. We have MBAs taking the helm of affairs. Yes, it may be work in progress on the whole, but you cannot say we are not organised.

You also have to realise that some practices are regimes of a bygone time. Payment in cash, for example, was a result of the heavy taxes levied on the film industry. At times, the producers ended up paying up to 90 per cent in taxes (before and after production). With corporatisation and rationalising of taxes, things will get only better. That is why I emphasise the taxation needs to be further reduced.

What about the copyright issue? The industry has been grappling with it for long...

The Copyright Act is in a state of evolution. As time goes on, people will understand it better; it will be amended and some years down the line, things will be better. There will be court cases, different interpretations will come out and finally, we will understand it better. Right now, it is not fully evolved.

Another aspect is that the consumer needs to be sensitised. For all purposes, he feels he is paying for the content. Free digital consumption of content is also a habit and will take time to go. There has to be consciousness that there is a value behind the idea and the person behind it has the right to that value.

In fact, technology can be used in this case to the industry’s benefit. We can use it to monitor and detect the use of copyright content and to mark the content in the first place.

This is where platforms like FICCI Frames can help. It provides a platform for discussions where different professionals from aspects of the industry can meet and debate and, maybe, reach a solution or at least work towards one.

Also, with FICCI having chapters in cities like Mumbai, Chennai, Kolkata, etc, it is now possible to address issues at a local or regional level.

Technology has also helped digitising movie screens in India...

Yes. It has helped. It has made delivering the film much easier and has given thrust to the multiplex industry. Today, screens in one territory can get the movies from one master file and soon, the whole country can. The quality of the print has also improved.

But there is a flip side — monopoly. With just one major player, the cost of service is high and needs to be rationalised. So, more players are needed.

But the industry is still very under-screened...

Yes. When compared to markets like the US, we are terribly under-screened. Multiplexes did help increase the number of screens, but with the slump in the economy, that progress has got stalled. It is not as if malls are not coming up. It is just that progress has slowed down. Once the cycle turns around, development will be back and cinema will benefit from it.

And then there is the censor board...

The industry has been at odds with the board in the past. Now, it is much more liberalised. The fact that it is now called the certification board, is a sign of evolution. Very soon, we will have certificates for 12 years and above viewing, 15 years and above etc. Slowly, I feel that even television will follow suit and we will have an adult time slot on TV. Like I said, it is work in progress.

Also, it’s a two-way street. When a movie gets an A certificate, it is not meant to be viewed by certain demographics. The onus is up to the guardians to ensure that. Ultimately, movie viewing is a choice and there is enough feedback available after the movie is released for people to get an idea about the film in question and make a choice to watch it or not.

The same was the case with Grand Masti. People knew it had innuendo. People know there was indication of sex. Still, people have enjoyed it; they have gone with friends in groups and watched the movie. It was their choice. The movie had an ‘A’ certificate and people still chose to watch it.

Why do we not see collaborations between Bollywood and Hollywood?

The main reason, according to me, is the vast different in culture. Themes, storylines and actors that people identify with here, may not work there and vice-versa. In fact, today, it is difficult to make a movie that will have appeal across the country. And at the end of the day, no one would want to lose out on the core audience. We will have to wait till someone comes up with an idea that appeals universally and we will have collaborations.

In 2013, the gap between the small and big movies increased. Your thoughts on that?

It is the way you look at it. If you measure the movies in terms of return on investment, then there is not much difference. The small movies have done very well. Whether it is The Lunchbox or Aashiqui 2, these are movies that were made on modest budgets and made good money. On the other hand, you have a movie like Dhoom 3 that was made on a huge budget, and grossed huge amounts at the box office.

I am optimistic because it means that different kinds of movies can exist in the industry today and there is market for different types of content.

The Hindu |

Media & entertainment industry grows 12 %

Despite the economic slowdown, the Indian media & entertainment (M&E) industry grew around 12 per cent to Rs. 92,000 crore in calendar 2013.

The economic slowdown and rupee depreciation, however, impacted advertising revenue-dependent sectors such as TV and print but this was countered by the impact of continued digitization of media products and services and growth in regional media, a report by FICCI-KPMG said.

The year 2013 was a challenging one, and saw significant change in the M&E sector, Uday Shankar, Chairman, FICCI M&E Committee, said in a statement. "The industry dealt with a host of issues that will lay the foundation for robust growth in the years to come," he said.

In 2013, TV saw the implementation of the 10+2 advertising cap, seeding of set-top boxes in Digital Access System (DAS) 1 and II phases were largely completed. The film sector continued to mature with multiplex expansion and a wide range of content succeeding. "Radio and print continue to defy global trends and await positive regulatory intervention that will take these sectors to greater heights," Mr. Shankar said.

Speaking to The Hindu, Jehil Thakkar, Head of Media & Entertainment, KPMG in India, said that in 2013, the focus shifted from top-line to bottom-line growth.

"In 2014, the M&E industry may grow slightly higher at 12.5-12.8 per cent given election advertising, and we expect some addition from regional advertising. On subscription side, major multi-system operators (MSOs) can raise ARPUs for DAS 1 areas."

The Statesman |

M&E industry grows 12%: FICCI-KPMG

Indian media and entertainment industry grew by a healthy 12 per cent in 2013 and touched Rs 92,800 crore in 2013, says a FICCI-KPMG report to be formally released at the inaugural session of FICCI Frames 2014 on 12 March 2014.

The three-day international industry event will begin in Mumbai next Wednesday with the theme 'Media and Entertainment: Transforming Lives,' with Australia as the partner country. Overall growth remained muted, largely due to the slowdown of the Indian economy. This impacted advertising revenue dependent sectors such as TV and print media.

The depreciation in the rupee also affected print, cable and DTH companies adversely but helped export oriented sectors such as animation and VFX to some degree. At the same time, this was countered by the impact of continued digitisation of media products and services, and growth in regional media.

The film industry, the report said, recorded a double-digit growth, albeit slower than in 2012, with multiple movies scoring big on box office collections. Approximately 90-95 per cent movie screens are now digitised in the country, with a shift in focus to tier II and III cities. Going forward, multiplex growth is expected to slow down, in line with the overall delays and future expectations for retail sector and commercial real estate development, impacting box office growth in the short term.

Business Standard |

Indian media & entertainment just shy of Rs 1-lakh crore

According to the Media and Entertainment (M&E) Report of the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG, the sector grew 12 per cent to Rs 92,000 crore in 2013, a little less than in 2012, when it grew 12.6 per cent to reach Rs 82,100 crore. The flat growth is attributed to the slowdown that hit advertising spending (in TV and print) and a weaker rupee against the dollar that raised costs for the print sector.

The weak rupee also hit cable and direct-to-home (DTH) operators, which had to import set-top boxes for rolling out the second phase of digitisation. It was a godsend though for the export-oriented animation and visual effects sectors. Besides, digitisation and a growing regional media helped check a drastic fall in growth. Television saw an eventful year both in terms of digitisation and regulations. The successful roll-out of the second phase of digitsation resulted in the reduction of carriage fees by 15-20 per cent. However, since multi-system operators (MSO) are yet to streamline packaging of channels and still have some friction with local cable operators, the average revenue for each user (ARPU) did not see a significant increase. The report pedicts that ARPUs will take another two-three years to grow.

livemint |

Media, entertainment sector grew at 12% in 2013

India’s media and entertainment industry grew a tepid 12% to Rs. 92,000 crore in 2013, compared with a 12.6% rise in the year before, as the economic slowdown suppressed advertising revenues, according to the 2014 FICCI-KPMG report on the sector.

Digitization and expansion of regional media helped the sector overcome the decline in ad revenues and the depreciation of the rupee that affected print, cable and direct-to-home satellite broadcast companies, the report said.

The full report will be released at the FICCI FRAMES 2014 event being held in Mumbai on 12-14 March.

The focus of media and entertainment firms in 2013 shifted from revenue growth to profits, with increasing attention on operations and efficiency, it said.

“In spite of a very challenging macro environment, the industry grew 12%, a far better performance than many other industries,” said Jehil Thakkar, head of media and entertainment at consulting firm KPMG in India.

Growth in ad revenues for television firms was soft last year, but they gained from higher subscription revenues, Thakkar said.

Growth was steady in the print sector, the second-largest in the industry behind television. English publications, however, were affected due to lower advertising expenditure but regional print companies fared well as a result of the assembly elections in five states in December, the report said.

“The regional unmetro (non-metro) markets of Dainik Bhaskar group coverage have shown sustained growth and has clearly outperformed the overall print market so far in FY14 (fiscal year 2013-14),” said Pradeep Dwivedi, chief corporate sales and marketing officer, Dainik Bhaskar Group, the publisher of Hindi daily Dainik Bhaskar and Gujarati daily Divya Bhaskar.

“As we move into FY15, we anticipate an enhanced polarization of ad-spend skew towards the number one and number two print publications in all markets, in view of inventory constraints of other media,” he added.

“The growth is largely led by ads from commercial enterprises, and impact of political advertising in enabling this growth is very minuscule, since it comes at loss of opportunity vis-a-vis government advertising,” Dwivedi said.

There was also some movement of advertisers from television to print due to the recent 10-12 minutes per hour cap on advertising on television. “Also print was able to raise cover prices in 2013. So the topline improved, but bottomline was impacted as the rupee crashed,” Thakkar of KPMG said.

Print grew at a compounded annual growth rate (CAGR) of 8.5% in 2013 to Rs.24,300 crore. Regional markets did exceedingly well on the back of steady advertiser spending, the impact of the state elections and new launches.

The sector, however, may be under stress now as the veracity of the Indian Readership Survey, the data used by advertisers to buy print media, has been questioned, the statement said.

The film sector grew in low-double digits.

As for new media, the total Internet user base in India increased to about 214 million in 2013 from 124 million in the previous year, with almost 130 million users going online using mobile devices, the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG said in a statement on Tuesday.

Mobile Internet users dominated the total Internet user base capturing an overall share of 61%, they said.

Digital media advertising in India grew faster than any other advertising category. According to a report from GroupM, the media buying agency of WPP Group, digital advertising grew at 30% in 2013 and was pegged at Rs.2,520 crore. It is expected to grow at 35% in 2014.

Uday Shankar, chairman of the FICCI media and entertainment committee, said the industry will raise issues around “inadequate policy support” during the three-day conference next week.

“We believe that media and entertainment sector has not been able to play its role in either building society or as in generating wealth and creating employment, as much as it could...and through the sessions at FICCI FRAMES, we would like to articulate some of the critical support issues that we would expect from the government,” he said.

The Statesman |

M&E industry grows 12%: FICCI-KPMG

Indian media and entertainment industry grew by a healthy 12 per cent in 2013 and touched Rs 92,800 crore in 2013, says a FICCI-KPMG report to be formally released at the inaugural session of FICCI Frames 2014 on 12 March 2014.

The three-day international industry event will begin in Mumbai next Wednesday with the theme 'Media and Entertainment: Transforming Lives,' with Australia as the partner country. Overall growth remained muted, largely due to the slowdown of the Indian economy. This impacted advertising revenue dependent sectors such as TV and print media.

The depreciation in the rupee also affected print, cable and DTH companies adversely but helped export oriented sectors such as animation and VFX to some degree. At the same time, this was countered by the impact of continued digitisation of media products and services, and growth in regional media.

The film industry, the report said, recorded a double-digit growth, albeit slower than in 2012, with multiple movies scoring big on box office collections. Approximately 90-95 per cent movie screens are now digitised in the country, with a shift in focus to tier II and III cities. Going forward, multiplex growth is expected to slow down, in line with the overall delays and future expectations for retail sector and commercial real estate development, impacting box office growth in the short term.

Business Line |

Bollywood showman Subash Ghai to expand screen of operation

Film-maker Subhash Ghai, known as the ‘showman’ of Bollywood, is betting big on multi-screen theatres in the country. Over the next 12-months, Ghai, Chairman and Managing Director of BSE-listed Mukta Arts wants to almost triple the number of multiplex screens his company owns to 100.

Mukta Cinemas, a division of the Mumbai-based company, will acquire existing screens instead of setting up new ones, said Ghai. The veteran filmmaker, who has directed classics such as Karz, Ram Lakhan and Hero, was speaking on the sidelines of a recent media interaction.

“Our model is different; it is more of partnership with existing movie halls. Since we will be taking over operational screens there will be little additional expenditure for us to make,” Ghai told Business Line. Mukta Cinemas prefers to take over ailing single screen theatres and have them converted into ‘budget’ multi-screen halls. It currently has properties in Mumbai, Ahmedabad, Pune, Banswara, Gulbarga, Vizag and Parbhani. With an eye on becoming a pan-India player, the company has cities such as Bhopal, Ranchi and Aurangabad on its radar. At present, the company operates 35 multiplex screens, said Ghai.

Mukta Cinemas, which was launched in 2011, joins the likes of PVR, INOX Leisure, Big Cinemas and Mexican chain Cinepolis for capturing a chunk of the burgeoning market for multiplexes in India. One of the first multiplexes to open in the country was PVR Anupam in New Delhi, with four screens in 1997. Thanks to the real estate boom and growth in discretionary spends, one-third of box office collections today come from multiplex screens.

The future growth potential is huge as there are just eight cinema screens per million people, far less than the 117 per million in the United States and 31 per million in China, as per a joint report by the Federation of Indian Chambers of Commerce and Industry and KPMG. India is known to produce twice as many movies a year as Hollywood.

The 69-year-old Ghai is a busy man as several films are being simultaneously produced under the Mukta Arts banner. His next ambitious project would be a film on Sarabjit Singh, the Indian death row prisoner who died last year following a brutal assault by fellow inmates in Pakistan. However, the casting for this project has not been decided, he said. In addition, Ghai is set to re-launch the company’s music label, Mukta Music, after nine years.

Kaanchi, Ghai’s next directorial venture, releases on April 11.

Business Standard |

Leading studios to zoom in on South this year

Production majors Disney UTV Studios and Fox Star Studios have increased their focus on South India to stake a claim to a larger share of the booming cinema market there.

Both the studios have declared a slew of projects down South for 2014.

Disney UTV Studios said it would produce or co-produce five movies in South India — four in Tamil and one in Telugu. In Tamil, the studio will come out with Naan Sigappu Manithan, starring Vishal and Laxmi Menon; an untitled project with south Indian superstar Suriya; Sigaram Thodu starring Vikram Prabhu, Sathyraj (who played Deepika Padukone’s father in Chennai Express); and Purampokku featuring Arya, Vijay Sethupathi and Karthika. In Telugu, the studio would put its might behind an untitled film with reigning superstar Mahesh Babu.

Fox Star Studios would use its partnership with C V Kumar’s Chennai-based Thirukumaran Entertainment for V Chitram and Mundasupatti, and make Cukkoo with Next Big Films. The studio would again partner with Atlee Kumar, who recently delivered a breakaway hit for Fox Star Studios with Raja Rani.

The trend of major houses eyeing South markets began recently.

In 2013, Disney UTV had produced three Tamil movies – Settai (box office collection Rs 15.10 crore), Theeya Velai Seiyyanum Kumaru (Rs 15.97 crore) and Ivan Veramathiri (Rs 10.5 crore)

In a recent interview, Siddharth Roy Kapur, managing director, The Walt Disney Company India, said Disney UTV Studios would focus on the Tamil and Telugu movie markets in a big way in 2014. “Those are markets we have got to learn (about) and understand much better over the years.”

According to industry sources, the South Indian box office was estimated at Rs 780 crore to Rs 800 crore in 2013 (net after tax). In 2012, it was Rs 740 crore to Rs 750 crore.

Commenting on the studio’s focus on the South, Vijay Singh, CEO, Fox Star Studios, said the company was focused on increasing presence in the Tamil film industry. “While we have extended our successful association in Tamil with A R Murugadoss to Hindi as well, we are also increasing our footprint in the Tamil industry by partnering with C V Kumar’s Thirukumaran Entertainment. C V Kumar has proven himself as one of the market leaders who is highly concept driven with budget conscious — qualities that resonate well with our brand,” he added.

The 2013 FICCI-KPMG’s report on media and entertainment had predicted that big Bollywood production houses would look at collaborating with filmmakers in the regional space. The reasons: Lower cost of production, lower marketing spends (as audiences are comparatively niche) and a wider theatrical window for the movie to run at the box office.

Business Line |

A silver lining for the small screen

The television industry came to the forefront with the entry of players such as Star TV, Zee TV and Sun TV into the Indian homes in the early nineties.

850 active channels

From a handful of terrestrial channels two decades ago, now there are over 850 active channels — across languages and categories such as general entertainment, music, movies, news, infotainment and sports.

According to a FICCI-KPMG study, the television industry is estimated at Rs 37,000 crore at the end of 2012. General entertainment channels account for a chunk of this. But at 150, India has one of the highest numbers of news channels in the world. A senior executive at Zee TV group attributes the growth in news channels to higher profitability and growing number of channels from political parties. He says English news channels command higher ad rates due as they connect with potential urban audience.

“The number of music and sports channels have also grown. While music channels do their best to connect with the youth, sports channels have increased manifold, primarily on the back of cricket. Traditionally, cricket had been the major driver for sports channels in India,” said Harish Tambota, an independent programming consultant.

Regional channels

Regional channels account for over 25 per cent of the total TV viewership. Even in terms of advertising, regional markets continue to outpace the national market in terms of growth.

While Tamil and Telugu markets account for around 50 per cent of the total regional viewership, Marathi and Bengali markets account for 30 per cent, says the study.

“We have been seeing a phenomenal growth in terms of viewership for regional channels. Advertisers too are willing pay a premium for this audience,” said Punit Goenka, Managing Director and CEO, Zee Enterprises Entertainment Ltd.

Changing content

According to Sunil Punjabi, Business Head of AXN Networks India, an English GEC from the Sony stable, programme preference in India is significantly different from any other Asian country. So by tweaking its content, the channel has introduced a lot of soaps and reality shows to attract more viewers.

Similarly, music channels such as MTV and Sony Music have introduced reality shows.

“Soaps and reality shows are the most-wanted genres at present in India,” says Radhika Sarathkumar, Chairperson of television content producing company, Radaan Media Works Ltd.

Growing ad pie

The growth in the number of channels has led to an increase in advertising inventory. Riding the growth of TV channels and viewership, advertisers across categories such as food and beverages, personal care products, services, automobile, healthcare, real estate and financial institutions, have increased their spend on TV.

As a result, the television industry managed to garner a little over 38 per cent of the total ad pie of Rs 35,000 crore.

TV advertising

Though the advertising industry has been reeling under pressure in the last couple of years due to the global economic meltdown, the TV advertisement market has been growing. It registered a growth of 8 per cent in 2012 to touch Rs 13,500 crore. It, however, grew more than 12 per cent in the previous year and 17 per cent the year before that, said ad industry sources.

The growth in the number of channels can be attributed to increasing cable and satellite homes in the country. It increased by 11 million in 2012 to reach 130 million. This has changed the way television channels are being distributed. 2012 saw unprecedented changes in the distribution front, with mandatory digital access system (DAS) being implemented in Delhi, Mumbai, Kolkata and Chennai. This gave a shot in the arm for subscription revenues of broadcasters.

Cable, DTH

Direct to Home (DTH) operators set the ball of DAS rolling. As of now, with a third of the pay TV industry subscriber base, DTH contributes more than cable TV operators to broadcasters as well as to the Government. However, multi-system operators, too, are expanding their network at a fast pace. With the kind of growth in penetration and digitisation and the resultant increase in revenues to broadcasters, the future is bright for the television industry.

Financial Chronicle |

Multiplex operators strike gold as movie-crazy middle-class grows

For a country that produces twice as many movies a year as Hollywood, India has a problem that's making cinema theatre operators beam: a shortage of modern multiscreen cinemas and plenty of increasingly affluent film fans.

Multiplex operators like PVR Inox Leisure Reliance Mediaworks and Mexican chain Cinepolis are scrambling to set up theatres targeting the rapidly growing number of middle-class Indians willing to pay to watch Bollywood movies in more comfortable surroundings.

These plush theatres, often in big city shopping malls, are a far cry from the single-screen cinemas most Indians still frequent and which range from huge, purpose-built halls to sheds where the deluxe seats are wooden benches.

The potential is huge, provided operators can find the right location in a country where prime urban real estate is costly and in short supply.

Multiplexes account for just 8 per cent of India’s 12,000 screens but rake in a third of total box office receipts, according to the Single Screen Association of India and a report by consultants KPMG and the Federation of Indian Chambers of Commerce and Industry (FICCI).

Averaging 160 rupees each, tickets at Indian multiplexes cost almost three times more than a ticket at single-screen cinemas, the KPMG-FICCI report said. At the Inox multiplex in a prime Mumbai area, tickets for a recent showing of blockbuster “Krrish 3” sold for as much as 380 rupees each.

“Indians love their movies, their Bollywood stars and the middle class is increasingly ready to spend on a better movie-watching experience,” said Pramod Arora, president of India’s biggest movie theatre operator PVR, which expects revenue growth of 25 per cent a year for the next three years.

By comparison, KPMG forecasts overall film industry revenues to grow 10.8 per cent a year through to 2017.

“We want to grow in the bigger metro areas as they have limited real estate available and we want to capture all that first because that represents the prime consumption story in this country,” Arora added.

Multiplexes made it to India with the advent of modern shopping malls in the past decade or so.

PVR set up India's first multiplex in 1997. Last year, it acquired rival Cinemax and has seen its share price double this year. India has just 8 screens per million people, far less than the 117 per million in the United States and 31 per million in China, according to the KPMGFICCI report.

PVR runs 398 screens and plans to open another 300-360 in the next three years. Cinepolis, the world's fifth-largest operator, plans to have 500 screens in India by the end of 2017 from 68 now.

Finding the right location, however, is a challenge for multiplex operators as mall development slows along with the economy.

Business Line |

'Outdoor ad spends grow 8% in H1'

Advertisers who want to reach out to people through billboards, at bus shelters, foot-over bridges and other outdoor vehicles have reason to cheer.

Despite the lingering economic uncertainty, out-of-home advertising continues to grow in India.

A new report has noted that outdoor advertising revenues soared 11 per cent for Q1 and 4 per cent during Q2 of 2013, over the same period in 2012. This makes it a total of 8 per cent growth for the H1 fiscal 2013 over 2012, according to a report by Laqshya Media Research.

Higher advertising rates on television and the growth in digital and other forms of advertisement has got corporates looking outside television to get more bang for their buck.

“With changing lifestyles, there is an increase in media consumed out of home. Brands are also increasingly keen to connect with consumers via different experiences, to ensure greater brand recall and amplification of the values of the brand,” said A.S. Sarkar, Senior Vice-President, DDB MudraMax.

With the Indian out-of-home (OOH) space pegged at Rs 1,823 crore in 2012, and expected to grow at a compounded annual growth rate of 8.39 per cent up to 2017, according to a FICCI-KPMG report on the media and entertainment sector, marketers say such innovations are expected to be an integral part of the growth story.

The Laqshya Media report noted that the real estate sector has upped its OOH investments more rapidly compared with any other sector, making it the most dynamic category for the first half of 2013. Spends by the sector grew by 51 per cent compared with first half of 2012. Jewellery brands too appear to have taken this route, with brands such as Tanishq spending heavily along with South-based brands such as Malabar and Kalyan on store launches across various towns using OOH to create awareness.

Two-wheelers emerged as one of the most active spenders in the first half of 2013, compared with the same time last year, registering a growth of at least 50 per cent. Brands such as Hero Motocorp, Bajaj and Honda have captured the roads, with larger than life displays for their two-wheelers.

The Hindu |

The road to greater glory

It is the need of the hour to build the necessary skills for making and producing meaningful, yet entertaining cinema. As a nation, we lack sustained training in order to become cinema-professionals in the truest sense

An apt word to define the South Indian Media and Entertainment Industry is probably vast, it is copious in production and growth, pulsating with talent, ideas and possibilities, manifesting the richness, potential and range offered by the four regional languages and their diasporic following in and outside the sub-continent.

As per the FICCI Deloitte Report for 2013, the overall South Indian M&E industry is estimated to at Rs. 23,900crore and expected to grow at a CAGR of 16 per cent to reach Rs. 43,600crore by 2017. Television constitutes the dominating segment in the market and is currently estimated at Rs. 13,470 crore accounting for the largest share of the overall sector at 56 per cent. The ecosystem within the medium seems promising, poised to reap the benefits of digitisation and is slated to grow at a CAGR of 20 per cent over the next four years. That, in the currently unsettling financial climate, is certainly a figure which will lift sagging broadcasting spirits.

The print medium follows as a second with 28 per cent of the overall market in 2013 at Rs. 6,680 crore. With stakeholders holding fort amidst rapidly evolving digital alternatives and finding innovative ways to reach their readers, the industry will not decline.

Cinema, supported by a loyal and enduring fan base, is the third largest segment at Rs. 2,680 crore, with a share of 11 per cent in the south India entertainment pie. As someone very closely and intrinsically involved with the cinema industry, I am somewhat concerned that the contribution of cinema towards revenues from entertainment in the region is not exemplary, despite the loyal and enduring audience base and the pioneering use of technology. Our films not only account for over half of the total (approximately 65-70 per cent ) cinematic output in the country but also continue to remain inspiration for Bollywood to be made into remakes and seamlessly transcend geographical and linguistic barriers.

Cinematic greats like Adoor Gopalakrishnan, G. Aravindan, NTR, Mani Ratnam, A.R. Rahman and Ilayaraja are for me the torch-bearers in India’s celluloid history. Rajnikant, Chiranjeevi, Mammooty and Mohanlal have lit up Indian cinema on the global radar.

When Mani Ratnam directed me in the 1987-film Nayakan, I felt we were making cinematic magic — it went on to be included in Time magazine’s All-TIME 100 best movies of the world.

Even though an increasing number of Tamil and Telugu films are being dubbed for satellite broadcasting on national channels, what ails us still from becoming a force to be reckoned with on the world stage?

For me the key lacuna lies in building the necessary skills for making and producing meaningful, yet entertaining cinema. As a nation, we lack sustained training in order to become cinema-professionals in the truest sense. For our films to make the transition from being “good” to “edgy” we need stronger scripts and more institutes which teach writing for the movies as an area of specialization. Along with this, we need producers who understand the business of making cinema in its entirety – from seeking the right kind of funding through appropriate models and co-production avenues. Building effective partnerships with the film-maker and the promotional team and understanding the critical role technology plays in the making and marketing of a film. I am rather unambiguous in my view that our key business schools should make “management” of movies as an important part of their curriculum. Only then will we see innovation and entrepreneurial fervour pouring in the sector. At a more micro level, I also strongly feel the need to introduce vocational training courses such as intensive skill-building and certification for cinema technicians in our ITI’s.

The government, both at state and central levels, need to actively support the industry. Even though the Telugu film industry is the largestin India in terms of number of movies produced in a year and Andhra Pradesh has the highest number of cinema halls in India and the largest film studio complex in the world - Ramoji Film City - our cinema will only grow if there are better tax incentives (especially for the animation sector), easier clearances for shooting in our cities, more co-production treaties with other cinema-centric countries, focussed training schemes for the sector in our five-year plans, and more public-private partnerships to raise funds for producing quality films.

The South Indian Media and Entertainment industry holds great potential in leveraging vernacular content to enhance and sustain a robust eco-system. In the modern context, boundaries between entertainment platforms have fallen away with each feeding into the other and playing supplementing roles -- stakeholders in the south, armed with the added advantage of a powerful vernacular entertainment segment, should harness the potential of this digitally empowered environment to the fullest.

My primary objective while steering the FICCI Media and Entertainment Business Conclave (MEBC) — South, is to boost and maximize the growth of regional industries. In just four years, MEBC has become an enviable platform for the exchange of ideas and knowledge and a voice for industry concerns to be tabled for policy interventions.

The writer Kamal Haasan is Film Actor, Director, Producer and Chairman, FICCI-Media & Entertainment Committee - South

Business Standard |

Our industry can overtake Hollywood if collections are more transparent: Kamal Haasan

Renowned actor, director and producer Kamal Haasan who was in Bangalore for the FICCI Media and Entertainment Business Conclave, speaks to Business Standard on the need for encouraging transparency in the entertainment sector in India. In a chat with Antonita Madonna on the sidelines of the event, the Chairman (Media & Entertainment) of the Federation of Indian Chambers of Commerce and Industry (FICCI) speaks of how the Indian entertainment industry can beat Hollywood in the total collections by unlocking its potential. Excerpts:

What is your reaction to the I&B secretary’s suggestion that they will consider extending incentives to the entertainment industry and discuss removing the bottlenecks for the industry?

We are trying to take these discussions forward with the government. They are trying to set an example by becoming leaders in giving the industry an umbrella to work under.

The words of the I&B and IT secretaries have been very encouraging in trying to improve the tax regime for the sector. We’re pleased and hope that the government will go forward and keep their vision and pursue it.

What is the biggest challenge faced by the industry today?

The biggest challenge for the industry is meeting the demand. The supply is inadequate and collections not transparent. Better technology will come — Hollywood is taking care of that with their R&D. But, without ensuring that our collections are transparent, we are overlooking the huge potential.

As part of the industry, what is your priority for the entertainment sector?

We have to start work on making the process of collections more transparent. We have to get the house in order and make the business more transparent. If you don’t ensure that, no amount of technology or success will help. It’s like cupping water in the hand without being careful in plugging holes. We haven’t found a vessel to collect the results because our vessels are porous now, so they leak.

What is the potential that can be unlocked with better transparency?

If our collections are transparent, the industry’s collections will be more than that of Hollywood. In our country we have a 1-billion strong audience and it is not difficult to make 10 per cent of that population watch a super-hit film. Even if 10 per cent watch a movie, at today’s prices, that means Rs 1,000 crores collected from theatres alone. We are not looking into the transparency and honesty angle adequately.

How can transparency be achieved?

Transparency is an important hygiene factor that has to happen in the industry. Everyone, including the government, has to change its tactics. When the taxation was at 90 per cent, everybody had black money. But when the tax rates came down, the illicit element also came down. As a part of the industry too, all of us are responsible for ensuring transparency. Like Gandhiji said, satyagraha is not a collective effort but an individual one. From a business perspective, we all have to put our cards on the table and be transparent.

Are any steps being taken to ensure the industry in a state does not lag others?

Ours is a diverse country and this will always be the case. It has to be survival of the fittest; parochialism will have to go. The victory will have to be for India. That success belongs to the nation, not to any one state.

What is your take on the changes being made to the Cinematograph Act, 1952?

Things have improved dramatically, and the revisiting of the Act is a step in that direction. The 1952 Act was a remake of the British Censor Act and there was a lot more policing then. In fact, every play had to be censored by the police, but we have come a long way. Over 50 years later, they’re changing the Cinematograph Act. But I would say it is still a work in progress. The film industry is considered a sinful one; no industry is sinful if it pays taxes.

Where do you see the South Indian cinema industry five years from now?

In five years, I see it in a better place, hopefully. It should be a time when we don’t have to look up to Hollywood all the time and instead they will be coming here. We are laying the foundation blocks for more awareness, more education on the culture because this is an industry with great potential.

This monoculture of parents only wanting to make their children doctors, lawyers or engineers or that education that will make him earn the money will have to change. That will only make him a money-making machine. There won’t’ be a civil society. We need to aim for more. We will have to make leaders now.

Business Standard |

i4 policy aims to make Karnataka media and entertainment hub

The i4 policy for IT, ITeS, Innovation, Incentives in Karnataka is aimed at making the state a hub for convergence of the media and entertainment industry, a top state government official said here in Bangalore.

"We have just announced i4 policy which extends the benefits given so far to the IT and ITeS industries to animations, gaming, CGI's as well- to put them on par with the IT industry on several key parameters," IT, BT and S&T Secretary Srivatsa Krishna said at the inauguration of FICCI media & entertainment business conclave here.

"This will hopefully bring convergence into Karnataka, we want to become the hub of innovation, we want to become the hub of convergence of media and entertainment and we want to shift the locus of that away from wherever it is today- be it Hollywood or Bollywood into Bangalore and into Karnataka."

"It will be out on website in few days," he said.

"The state aspires to be the digital voice for the world- so the creation of content, the management of content and the distribution of content-anything that goes online happens out of Bangalore and Karnataka, there is no reason why we can't do so with resources available at us."

"We are developing a whole ecosystem which will give a fillip to IT, gaming, animation, and media; Hopefully we will be the largest media city in India," he added. Inaugurating the conclave, state's Chief Minister Siddaramaiah said: "Karnataka will provide an enabling environment to this eco-system by harnessing digitally empowered medium to its fullest."

He said Karnataka Animation, Visual effects, Gaming and Comics (AVGC) Policy has been one of the most forward- looking in the country with an aim to ensure maximum growth to the sector. "We will work towards nurturing the industry by encouraging skill-building and initiating dialogue through conclaves such as these in order to understand industry concerns and formulate progressive and growth-friendly policies for the future."

Earlier speaking at the event, film star and Chairman media & entertainment business conclave Kamal Hassan stressed upon the need for developing necessary skills to make and produce meaningful yet entreating cinema.

"For me the key lacuna lies in building the necessary skills for making and producing meaningful yet entreating cinema. As a nation, we lack sustained training in order to become cinema professionals with a truer sense," he said.

"For our films to make transition from being good to edgy- we need stronger scripts and more institutes to teach writing for movie as an area of specialisation. "Our key business schools should make management of movies as an important part of their curriculum, only then will we see innovation and entrepreneurial fervor moving into that sector," he added.

The Hindu |

Films should move from being good to edgy: Kamal Haasan

Digitisation of the entertainment and media industry and its relation with production and policy matters was the main theme around which discussions revolved at the business conclave organised by Federation of Indian Chamber of Commerce and Industry (FICCI) here on Tuesday.

Speaking at the inaugural of the “Media and Entertainment Business Conclave”, Kamal Haasan, film-maker and chairman of FICCI’s Media and Entertainment Forum, South, said that “a lot is riding on the success of digitisation” in media and film industry.

The veteran actor, emphasising the need for skill development, said: “In the current eco-system, traditional platforms have been disrupted and new methods for the future need to be adopted to create and monetise content.”

India lacks training schools to create “cinema-professionals in the truest sense”, he said and added that “our films need to make the transition from being good to edgy.”

Key business schools should make management of movies a part of their curriculum and certification for cinema technicians should be given by the ITIs, Mr. Haasan said.

Enabling eco-system

Chief Minister Siddaramaiah said that boundaries for the film industry are unlimited in this age of digital innovation. He said that the State will provide an enabling environment to harness the digitally empowered medium to its fullest.

The State’s Karnataka Animation, Visual effects, Gaming and Comics (AVGC) Policy had been one of the most forward-looking with an aim to ensuring maximum growth of the sector, Mr. Siddaramaiah said.

Ravi Kotarakara, president-elect, Film Federation of India, sought rollback of service tax and creation of an environment where film-makers have better access to bank loans.

Aadhar-like database

Srivatsa Krishna, Secretary, Department of IT, BT and Science and Technology, said that the State was working towards creating Karnataka Resident’s Database (KRDB) that will be the common repository of residents data that can be used by all departments. He said that it was an “Aadhar-like system” and would help in better delivery of services to people.

DNA |

Nuggets of filmdom come forth

Did you know that film stars Kamal Haasan and Rajkumar made their debut almost together? By Kamal’s own admission, when he was shooting for Kalathur Kannamma in the early 50s, Rajkumar too was making his foray into filmdom at the adjoining studio of AVM in Chennai with Bedara Kannappa (Rajkumar’s debut). The film released in 1954, and a new star was born in the Kannada industry, who ruled for decades .

Haasan was speaking at a session on ‘Making of movie: The past, present and the future’, which he was chairing along with actors V Ravichandran, Shivarajkumar and Ramesh Aravind, on the concluding day of Media and Entertainment Conclave by FICCI.

Taking about the future of films, Haasan said the time has come to adopt new ways of filmmaking to suit the current generation that has newer way of film viewing, like handheld gadgets.

When he wanted to try DTH release for his film Vishwaroopam, Haasan said he lost the battle owing to some vested interests, but the fight would go on. He added that films need not run for months together to earn profits.

“You get to release a movie on 25 screens at a time and if it runs full house for a week or two, it still makes profits and also makes way for new releases that are vying for screens,” observed Haasan.

Ravichandran said films should be made to suit the taste of audience, instead of tagging them as ahead of times and making meaningless films that leave audience puzzled.

Aravind emphasised on the need to have love and romance in films and spoke about him playing a sacrificial hero in many triangular love stories that did well.

When Haasan was asked if love ends with marriage, the actor quipped: “Man is not complete without marriage, but after marriage he is finished... And, if he re-marries, he is completely finished.”

Haasan showered respect on Rajkumar’s eagerness to learn even after attaining stardom. It was the latter who launched the former’s first production, Raaja Paarvai, in the presence of Sivaji Ganesan and MGR, Haasan revealed.

Speaking on selecting a script, Haasan said it is like selecting a good film to watch. His silent comedy released in 1987, Pushpaka Vimana, is a classic case study that took more time to script even though the film had no dialogues, he said.

The challenge was to make the audience connect to the scenes and the objective of the movie was to create a situation where characters had no chance to speak to each other. On a lighter note, Haasan added that the scene in the film where he carries a gift box to the dump literally made it a perfect ‘motion picture’, leaving the audience in splits.

Haasan also insisted that the government and the film fraternity must create an environment to produce multi-lingual films that attract actors and filmmakers from other states. It will inturn make Kannada filmmakers turn into national filmmakers and will also make a mark on world cinema.

The New Indian Express |

`Future promising for media in Karnataka'

The current age of digitisation has broadened the scope and reach of the media and entertainment industry, noted various speakers at the Media and Entertainment Business Conclave organised by the Federation of India Chamber of Commerce and Industry.

Actor and chairman of the MEBC 2013, Kamal Hassan, noted that the state had the possibility of being the centre of many happenings, depending on government support. While the future looks promising, however, there are various lacunae to be addressed,

Vocational training courses such as intensive skill building and certification for cinema technicians in ITI is also needed, he said.

“Our cinema will only grow if there are better tax incentives (especially for the animation sector), easier clearances for shooting in our cities, focussed training schemes for the sector in our five year plans and more public private partnership to raise funds for producing quality films,” he said.

Chief Minister Siddaramiah, in his inaugural address, said the Karnataka government was committed to providing an enabling environment for the industry.

He added that the print media industry has various opportunities to incubate ideas and test various business models as the advertising revenue from vernacular print is estimated to grow at twice the pace of English.

“Developing mobile applications and mobile optimised websites are the need of the hour. The future rests on sustaining subscription revenues and creating a firm foundation for them, building an online content qualitatively and giving advertisers innovative ways to reach out to readers,” the Chief Minister noted.

Deccan Herald |

Karnataka all set to wield digital muscle: Siddaramaiah

Karnataka’s animation, visual effects, gaming and comics (AVGC) policy has been among the most forward-looking in the country with the aim of ensuring maximum growth for this sector, state Chief Minister Siddaramaiah said while delivering the inaugural address at the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Media & Entertainment Business Conclave in Bangalore on Tuesday.

He said the Karnataka government is keen to work towards nurturing the industry by encouraging skill-building and initiating dialogue through more media conclaves to understand industry concerns and formulate progressive and growth-friendly policies for the future. “I would like to assure that Karnataka will provide an enabling environment for this ecosystem by harnessing the digitally empowered medium to its fullest,” Siddaramaiah assured industrialists and film personalities attending the two-day Conclave.

He said developing more mobile applications and mobile optimised websites is the need of the hour. “The future rests on sustaining subscription revenues and creating a firm foundation from them, building on online content qualitatively and giving advertisers innovative ways to reach out to readers,” Siddaramaiah said. This is important against the backdrop of marketers paying more heed to rising disposable incomes and purchasing power of South India.

South Indian cinema, the third largest segment of the media industry at Rs 2,680 crore, with a 11 per cent share of the entertainment pie, accounts for over half the total films produced in the country. The entertainment industry has been well supported by growth in television and print media. “Months after the Union Government’s deadline of March 31 this year for Phase II of cable TV digitisation has passed, cities like Bangalore and Hyderabad in South India are said to have achieved 100 per cent digitisation, while others are in various stages of completion. Mysore City achieved 80 per cent digitization by the end of May 2013,” he said.

He said the trend of remaking popular South Indian blockbusters continues as producers realize the entertainment value of these films, which transcend regional boundaries. “More importantly, an increasing number of South India films are dubbed for satellite broadcasting on national channels,” he noted.

The FICCI Deloitte Report for 2013 released on Tuesday estimates the size of the South Indian media and entertainment industry at Rs 23,900 crore and expected to grow at a Compounded Annual Growth Rate of 6 per cent to reach Rs 43,600 crore by 2017.

The report pegs the television industry in South India at Rs 13,470 crore, accounting for the largest share of the overall sector at 56 per cent and projected to grow at a CAGR of 20 per cent in the next four years.

Renowned actor Kamal Haasan, who is chairing the Media and Entertainment Business Conclave, called for better tax incentives for cinema, especially animation sector, easier clearances for shooting in cities, more co-production treaties with cinema-centric countries, focussed training schemes for the sector in Five Year Plans, and more public-private partnerships to fund quality films.

Haasan said South India has a variety of rich regional content. “What we need is an enabling business environment for the content to be translated to reality and sustained development of human capital along with the advancements in technology,” he said, adding that in the present digital ecosystem traditional platforms have been disrupted and new methods for the future need to be adopted in order to be creating and monetizing content. “For this, skills development for the industry needs special discussion and a roadmap,” he said.

As a nation, there is a lack of sustained training in order to become cinema professionals in the truest sense, he said. “For our films to make the transition from being ‘good’ to ‘edgy’, we need stronger scripts and more institutes which teach writing for the movies as an area of specialization.”

The Times of India |

India lacks necessary skills for making entertaining cinema: Kamal Hassan

Actor Kamal Hassan feels India lacks necessary skills for making meaningful yet entertaining cinema.

"As a nation, we lack sustained training in order to become cinema -professionals in the truest sense," he said while speaking at the two-day FICCI's Media and Entertainment Business Conclave, which began here on Tuesday.

The actor feels if the Indian films have to make a transition from being "good" to "edgy" there is a need for stronger scripts and more institutes, which teach writing for the movies as an area of specialization.

He said every segment in the media and entertainment industry had witnessed change in several aspects like audience preferences, new content formats, push towards digital technologies due to discerning audience craving for more in terms of both content quality and a flawless viewing experience.

"In the current eco-system, traditional platforms have been disrupted. New methods for the future needs to be adopted in order to create and monetize content. To achieve this, skill development for the industry needs special discussion and a roadmap,'' he said.

His suggestions for the growth of the industry: Business schools should make 'management' of movies as an important part of curriculum; vocational training courses should be introduced for cinema technicians in the ITI's; there should be better tax incentives (especially for the animation sector), easier clearances for shooting in cities, more co-production treaties with other cinema-centric countries, and more public-private partnerships to raise funds for producing quality films.

Ministry of information and broadcasting secretary Bimal Julka said first phase of cable TV digitization in the metros, which involved installation of 117 lakh set top boxes, and the second phase involving over 200 lakh set top boxes had been completed. He said during the third and fourth phases, 11 crore set top boxes, including DTH boxes, worth Rs 20,000 crore would be installed.

He said as per the KPMG-FICCI Report 2013, there are 154 million TV households in the country, indicating a TV penetration of about 60%. The Indian media and broadcasting industry had grown from Rs 728 billion in 2011 to Rs 821 billion in 2012, registering a growth of 12.6%. He said the sector was expected to reach Rs 1,661 billion by 2017. Julka said to tap the potential of growing animation and gaming sector, National Centre of Excellence for Animation, gaming and Visual Effects was being set up in Mohali, Punjab.

Srivatsa Krishna, secretary for department of IT, BT and Science and Technology, said Karnataka was the second largest IT cluster in the world. He said the new IT and ITES policy unveiled recently would help the animation and graphics industry. "We want to become the hub of convergence of media and entertainment," he said.

Srivatsa Krishna said the state had taken up an initiative to develop Karnataka Citizen Database (a unique identity with a number to identify the citizen) to help citizens avail the benefits and services of the government.

Chief minister Siddaramaiah said his government would provide an enabling environment to the eco-system by harnessing digitally empowered medium to its fullest. He said the Karnataka animation, visual effects, gaming and comics ( AVGC) Policy would ensure maximum growth to the sector.

Ravi K, president-elect of Film Federation of India, said levy of service tax on actors and technicians, categorization of cinema as 'sinful' industry and unavailability of loans in the banks were the constraints the industry was facing.

The Hindu |

Media & showbiz industry in South takes digital route

The media and entertainment (M&E) industry in the South is set to grow at 16 per cent annually to reach Rs.43,600 crore by 2016-17 against the current size of Rs.23,900 crore in 2012-13.

A report by Deloitte-FICCI, titled ‘Media & Entertainment in South India — the digital march’, says this growth will be driven mainly by the popularity of vernacular content among the region’s populace and the evolving ecosystem.

The industry continues to attract national players to explore this market, which is dominated by television (56 per cent), print (28 per cent) and films (11 per cent). Sectors such as new media and radio, though smaller, are expected to grow at rates higher than the industry average.

“All media platforms, namely, films, TV, print and radio, are pushing content on the digital medium so as to enhance reach,’’ the report quoting Kamal Haasan, Chairman FICCI Media and Entertainment Forum (South), as saying.“Not only is the digital medium helping industry players reach wider audiences, it is also enabling them to establish a stronger connect with consumers,’’ he says in the report.

TV, estimated at Rs.13,470 crore, is the largest segment of the South India M&E industry, and is expected to grow 20 per cent over the next four years “due to benefits of digitization being realised.

As at the national level, digitization is changing the way consumers view TV with broadcasters also seeing an opportunity in creating and showcasing digital content.’’

Print, accounted for 28 per cent of the overall market in 2012-13 at Rs.6,680 crore, is expected to grow at 8 per cent till 2016-17.

English players are launching vernacular dailies as advertising revenue from vernacular print in the region was estimated to grow at twice the pace of English. “The print industry in South India, where four States represent about 30 per cent of the Indian market in terms of readership, has been able to maintain its vigour through tough times,’’ Neeraj Jain, Senior Director, Deloitte Touche Tohmatsu India, said in the statement. “The opportunity will lie in tapping the growth potential of the market through expansion and deeper penetration while simultaneously building additional capabilities to explore alternate sources of revenues.’’

The report says the South Indian film industry, at Rs 2,680 crore, is adopting technology across the value chain and is expected to grow at 12 per cent annually over the next four years. Radio, with the upcoming Phase III auction and New Media are expected to grow at cumulative rates of 19 per cent and 23 per cent respectively over the next four years.

The Financial Express |

Media and entertainment industry in South India to see CAGR of 16 per cent

Media and entertainment industry in South India is expected to grow at compound annual growth rate (CAGR) of 16 per cent to Rs 43,600 crore by 2017 driven by popularity of vernacular content and rapid digitisation, a report by Deloitte and FICCI said.

The projected growth is against Rs 23,900 crore in FY2013, Deloitte, a leading global professional services firm, and Federation of Indian Chambers of Commerce and Industry said in a release quoting from its report Media & Entertainment in South India - the Digital March.

This growth will be mainly driven by popularity of vernacular content among the region's populace and the evolving ecosystem, including endeavors by media vehicles to expand their presence, the report added.

Stating that market is dominated by television (56 per cent), followed by print (28 per cent) and films (11 per cent), the report said: "Sectors such as new media and radio, though smaller than other mediums, are expected to grow at rates higher than the industry average, given their increasing power of engagement."

Pointing out that television constitutes the largest segment of the South Indian M&E industry, it said, it is currently estimated at Rs 13,470 crore, accounting for the largest share of the overall market at 56 per cent.

The medium is expected to grow at a CAGR of 20 per cent over the next four years due to benefits of digitisation being realised, it added.

The report further said print is the second largest segment accounting for 28 per cent of the overall market in FY 2013 at Rs 6,680 crore.

English players are launching vernacular dailies as advertising revenue from vernacular print in the region is estimated to grow at twice the pace of that of English, largely driven by local advertisers and increasing focus of national advertiser's beyond Tier 1 cities.

Print industry is also trying to identify monetisation opportunities online by developing mobile apps and mobile optimised websites.

With players identifying innovative ways to reach out to their readers, Print industry is also expected to see a steady CAGR of 8 per cent till FY 2017, the report said.

Stating that the region churns out more films than Bollywood and buoyed by an ardent fan following in the South, film is the third largest segment (11 per cent) at Rs 2,680 crore, it said that industry is adopting technology across the value chain scouting talent through social media, adopting newer film making technologies in terms of sound and filming, distributing and exhibiting films digitally as well as embracing e-ticketing platforms.

The industry is expected to see a healthy CAGR of 12 per cent over the next four years, it added.

Explaining about the growth prospects in radio and new media industry the release quoting from report said- "Radio with the upcoming Phase III auction, and new media, propelled by the consumer's demand to access content 'anytime, anywhere', are expected to grow at a CAGR of 19 per cent and 23 per cent, respectively, over the next four years."

It further states that- for new media, mobile phones are expected to emerge as the preferred platform for consuming content, with the increasing popularity of mobile broadband (3G) and the impending launch of 4G LTE services.

The report also said that among the states, Tamil Nadu constitutes over one-third of the south Indian M&E industry. The M&E industry in Tamil Nadu is expected to grow at a slightly higher rate than the other states of the region, with all four media platforms expected to grow faster in the state.

The New Indian Express |

TN entertainment industry to grow by Rs 1.5K crore

The Media & Entertainment (M&E) industry in Tamil Nadu is ranked high among the south Indian States and is expected to grow by Rs 1,500 crore this financial year, according to a Deloitte-FICCI report.

The report titled ‘Media & Entertainment in South India — the Digital March’, released on Monday said Tamil Nadu constitutes over one-third of the South Indian media and entertainment industry and is expected to grow at a slightly higher rate than the neighbouring States with regard to all four platforms — TV, print, radio and new media.

Currently, Tamil Nadu accounts for Rs 8,420 crore of the Rs 23,300 crore media and entertainment market and is estimated to reach the Rs 15,850 crore mark by 2017. The South India market is poised to grow at the rate of 16pc to reach Rs 43,600 crore by 2017.

The survey states that this growth will be mainly driven by popularity of vernacular content among the region’s populace and the evolving ecosystem, including endeavours by media vehicles to expand their presence.

South India, driven by a high literacy rate and a sizable vernacular readership base (30 pc of total readership in India) is one of the strongholds of the Indian print industry. Amongst the four regional states, Tamil Nadu and Andhra Pradesh account for 58 per cent of the total revenue. The report also states that advertising revenue from vernacular print in the region is estimated to grow at twice the pace of that of English, largely driven by local advertisers and increasing focus of national advertisers beyond Tier 1 cities. Hence, some of the English players are now launching vernacular dailies to not only consolidate their presence in South India but also partake in vernacular growth, the report adds.

The report also states that in 2013, Tamil and Telugu films together accounted for almost 90pc of the revenue, with the rest being equally contributed by Kerala and Karnataka. While enabling regional media players to reach their target audience, the industry continues to attract national players to explore this growing South market. The market is dominated by television (56pc), followed by print (28pc) and films (11pc). Sectors such as New Media and Radio, though smaller than other mediums, are expected to grow a higher rate.

Live Mint |

South India media and entertainment industry to touch Rs 43,600 cr by 2017

The media and entertainment (M&E) industry in South India is likely to touch Rs 43,600 crore by 2016-17 from Rs 23,900 crore in 2012-13, according to a report by consulting firm Deloitte Touche Tohmatsu India Pvt. Ltd and industry lobby Federation of Indian Chambers of Commerce and Industry (FICCI).

Growth will be driven mainly by the popularity of vernacular content in the region and endeavors by media vehicles to expand their presence, said the report, titled Media & Entertainment in South India—the Digital March.

The south Indian market is dominated by television (56%), followed by print (28%) and films (11%). Sectors such as new media and radio, though smaller than other mediums, are expected to grow at rates higher than the industry average, given their increasing power of engagement, said the report.

The television market is estimated at Rs 13,470 crore. The medium is expected to grow at a compounded annual growth rate (CAGR) of 20% over the next four years due to the benefits of digitization being realized.

At the national level, digitization is changing the way consumers view television, with broadcasters also seeing an opportunity in creating and showcasing digital content. While the industry is enabling multi-screen viewership of TV content for viewers who are constantly on the move, the medium is attracting increasing number of local advertisers.

“All media platforms viz. films, TV, print and radio are pushing content on the digital medium so as to enhance reach. Not only is the digital medium helping industry players reach wider audiences, it is also enabling them to establish a stronger connect with consumers,” said Kamal Haasan, chairman, FICCI Media and Entertainment Forum, South.

Print is the second largest segment accounting for 28% of the overall market in 2012-13 at Rs 6,680 crore. English-language publishers are launching vernacular dailies as advertising revenue from vernacular print in the region is estimated to grow at twice the pace of that of English, largely driven by local advertisers and increasing focus of national advertisers beyond the bigger cities.

The print industry is also trying to identify monetization opportunities online by developing mobile apps and mobile optimized websites. With publishers identifying innovative ways to reach out to their readers, the print industry is also expected to see a steady CAGR of 8% till 2016-17.

“The print industry in South India, where four states represent about 30% of the Indian market in terms of readership, has been able to maintain its vigor through tough times.” said Neeraj Jain, senior director, Deloitte. “The opportunity will lie in tapping the growth potential of the market through expansion and deeper penetration while simultaneously building additional capabilities to explore alternate sources of revenue.”

South India also churns out more films than Bollywood. Buoyed by an ardent fan following in the South, film is the third largest segment of the media and entertainment industry at Rs 2,680 crore.

The industry is adopting technology across the value chain—scouting talent through social media, adopting newer film making technologies in terms of sound and filming, distributing and exhibiting films digitally as well as embracing e-ticketing platforms. The industry is expected to see a healthy CAGR of 12% over the next four years, said the report.

The Hindu |

Media & showbiz industry in South takes digital route

The media and entertainment (M&E) industry in the South is set to grow at 16 per cent annually to reach Rs.43,600 crore by 2016-17 against the current size of Rs.23,900 crore in 2012-13.

A report by Deloitte-FICCI, titled ‘Media & Entertainment in South India — the digital march’, says this growth will be driven mainly by the popularity of vernacular content among the region’s populace and the evolving ecosystem.

The industry continues to attract national players to explore this market, which is dominated by television (56 per cent), print (28 per cent) and films (11 per cent). Sectors such as new media and radio, though smaller, are expected to grow at rates higher than the industry average.

“All media platforms, namely, films, TV, print and radio, are pushing content on the digital medium so as to enhance reach,’’ the report quoting Kamal Haasan, Chairman FICCI Media and Entertainment Forum (South), as saying.“Not only is the digital medium helping industry players reach wider audiences, it is also enabling them to establish a stronger connect with consumers,’’ he says in the report.

TV, estimated at Rs.13,470 crore, is the largest segment of the South India M&E industry, and is expected to grow 20 per cent over the next four years “due to benefits of digitization being realised.

As at the national level, digitization is changing the way consumers view TV with broadcasters also seeing an opportunity in creating and showcasing digital content.’’

Print, accounted for 28 per cent of the overall market in 2012-13 at Rs.6,680 crore, is expected to grow at 8 per cent till 2016-17.

English players are launching vernacular dailies as advertising revenue from vernacular print in the region was estimated to grow at twice the pace of English. “The print industry in South India, where four States represent about 30 per cent of the Indian market in terms of readership, has been able to maintain its vigour through tough times,’’ Neeraj Jain, Senior Director, Deloitte Touche Tohmatsu India, said in the statement. “The opportunity will lie in tapping the growth potential of the market through expansion and deeper penetration while simultaneously building additional capabilities to explore alternate sources of revenues.’’

The report says the South Indian film industry, at Rs 2,680 crore, is adopting technology across the value chain and is expected to grow at 12 per cent annually over the next four years. Radio, with the upcoming Phase III auction and New Media are expected to grow at cumulative rates of 19 per cent and 23 per cent respectively over the next four years.

Business Standard |

Media sector in South to nearly double by 2017

Media and entertainment industry in South India is expected to grow at compound annual growth rate (CAGR) of 16 per cent to Rs 43,600 crore by 2017 driven by popularity of vernacular content and rapid digitisation, a report by Deloitte and FICCI said.

The projected growth is against Rs 23,900 crore in FY2013, Deloitte, a leading global professional services firm, and Federation of Indian Chambers of Commerce and Industry said in a release quoting from its report Media & Entertainment in South India - the Digital March.

This growth will be mainly driven by popularity of vernacular content among the region's populace and the evolving ecosystem, including endeavors by media vehicles to expand their presence, the report added.

Stating that market is dominated by television (56 per cent), followed by print (28 per cent) and films (11 per cent), the report said: "Sectors such as new media and radio, though smaller than other mediums, are expected to grow at rates higher than the industry average, given their increasing power of engagement."

Pointing out that television constitutes the largest segment of the South Indian M&E industry, it said, it is currently estimated at Rs 13,470 crore, accounting for the largest share of the overall market at 56 per cent.

The medium is expected to grow at a CAGR of 20 per cent over the next four years due to benefits of digitisation being realised, it added.

The report further said print is the second largest segment accounting for 28 per cent of the overall market in FY 2013 at Rs 6,680 crore.

English players are launching vernacular dailies as advertising revenue from vernacular print in the region is estimated to grow at twice the pace of that of English, largely driven by local advertisers and increasing focus of national advertiser's beyond Tier 1 cities.

Print industry is also trying to identify monetisation opportunities online by developing mobile apps and mobile optimised websites.

With players identifying innovative ways to reach out to their readers, Print industry is also expected to see a steady CAGR of 8 per cent till FY 2017, the report said.

Stating that the region churns out more films than Bollywood and buoyed by an ardent fan following in the South, film is the third largest segment (11 per cent) at Rs 2,680 crore, it said that industry is adopting technology across the value chain scouting talent through social media, adopting newer film making technologies in terms of sound and filming, distributing and exhibiting films digitally as well as embracing e-ticketing platforms. The industry is expected to see a healthy CAGR of 12 per cent over the next four years, it added.

The Hindu |

FICCI’s entertainment conclave on October 29: Kamal Hassan

The fifth edition of the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Media and Entertainment Business Conclave will be held on October 29 and 30 under the leadership of actor-director-producer Kamal Hassan.

The conclave will bring together industry stakeholders and policy makers to take concrete steps towards a growth trajectory for both the media and the entertainment industry.

Focus

Addressing presspersons Mr. Hassan, who is chairman of FICCI conclave, said that the focus would be on “effective proliferation of meaningful content in the backdrop of digital technologies and the array of new media”.

Traditional platforms have been disrupted and new methods for the future need to be adopted in order to create and monetise content. For this, skill development for the industry needs special discussion and a road map, he said.

The FICCI plans to make Bangalore its permanent conclave venue, he added.

Leena Jaisani, head of the FICCI’s initiatives, said the sessions would be balanced between discussing avenues for creative enhancement of the industry and the critical tools for business development.

Issues including marketing and distribution of films in the changed multiplatform scenario, formulating and implementing viable media and entertainment policy for the State, changing trends in regional TV ratings, content, formats, emerging technologies, and the impact of media and the entertainment industry, session on performing arts, the challenges of news and reshaping of mobile entertainment would figure in the conclave, she said

There will be a session on making movies through crowd funding — the case study of Lucia directed by Pavan Kumar; a visual-effects session — the making of Vishwaroopam; and a daylong scriptwriting workshop by Kamalesh Pandey.

The Hindu |

‘I can’t afford to lose my sensibility in the name of religion’

Actor-director-producer Kamal Hassan, who is the chairperson of FICCI’s Media and Entertainment Conclave to be held in Bangalore, shared his views on an array of issues on films, politics and his convictions at a meet-the-press programme organised by the Bangalore Press Club on Saturday.

Excerpts from the interview:

On the political controversies surrounding his films

How does one address political controversies and intolerance? I did not feel threatened or paranoid during the controversy over Vishwaroopam. The controversies started haunting since the day I made Hey Ram. Some opposed it even before watching the film and branded it an anti-Gandhi and rightwing product. This is nothing but intolerance and lack of humour. I don’t have differences with any political party, though I may have difference of opinion. You cannot be hated for that. An artiste is a product sculpted by society and the credit one gets will go to society.

About his reported statement of leaving the country during the Vishwaroopam controversy

I will not take back what I said. If I am threatened or troubled again as an artiste, I can leave the country. But will the country leave me? Will it go out of my mind? I made that statement out of anguish, as I was hurt. Religion has always been misused and misinterpreted in the country. I can’t afford to lose my sensibility, civil behaviour in the name of religion.

Will Vishwaroopam-2 make political headlines?

I hope not. It is a sequel, an espionage thriller.

Is piracy haunting the film industry?

Piracy is in-built in the system. The problem has not been addressed anywhere in the country. To some extent, Direct To Home (DTH) can act as a deterrent. I tried it, but could not succeed. We may succeed in years to come, as there will be need to balance demand and supply of entertainment products.

On dubbing of films

As an artiste I strongly believe original intent should be delivered. For the sake of understanding, films should be dubbed. Earlier, it was a protective measure.

I don’t think there is anything wrong with that. As a business proposition, I feel Karnataka should open the gates to dubbed films.

The alleged domination of Bollywood films

Actually, more than 50 per cent of films made in the country come from the southern part of the country and the film industry is known by one name — Bollywood — which I think is a misnomer. It is actually the Mumbai film industry. Hollywood is a small village, which became international, and we are one big country and we should become international.

Cinema of one region cannot dominate other language films. Make good films, naturally the problem will be solved. We came to Bangalore to watch film by Puttanna Kanagal, Girish Karnad. That is how it should be.

Politics…

Those who vote in elections and get their fingers marked with indelible ink are all politicians. I don’t want to smear my entire hand with indelible ink!

New challenges

New audiences are a new challenge to me. In that context you have to accept me as a challenged person!

DNA |

FICCI to give a fillip to film industry

The Federation of Indian Chamber of Commerce and Industry (FICCI) plans to organise a two-day media and entertainment business conclave in Bangalore on October 29 and 30. The two-day conclave slated to be held at Hotel ITC Gardenia, would bring together thought leaders, industry stakeholders and policy-makers to lay out concrete steps towards a clear growth trajectory for the film industry.

Speaking with media persons, chairman of FICCI Media Entertainment & Business Conclave (MEBC), actor Kamal Haasan, said the focus of the conclave would be on the effective proliferation of meaningful content in the backdrop of digital technologies and the array of new media.

“Traditional platform have been disrupted and new methods for the future need to be adopted in order to be creating and monetising content. For this, skill development for the industry need special discussion and a roadmap, and the conclave has a dedicated session on this apart from covering all sub-sectors of the entertainment industry in its ambit,’’ he said.

Speaking on the occasion, secretary of IT, BT, science and technology, Srivatsa Krishna, said technology would be the driver for all forms of media in the emerging digital world.

“Karnataka, with its pioneering animation, visual effects, gaming and comics policy, seeks to accelerate growth and development of infrastructure, talent and know-how in media and entertainment through enabling the industry and developing the ecosystem,’’ he said.

Some of the topics that are expected to discussed at the conclave are: Marketing and distribution of films in the multi-platform ecosystem, formulating and implementing a viable media and entertainment policy for a state; changing trends in regional TV: ratings, content, formats, emerging technologies; and the impact on media and entertainment industry.

Workshops would be held on making movie through crowd funding, with Lucia and the making of Vishwaroopam as case studies.

The Financial Express |

"It’s a challenge for big networks to innovate with content"

The current cable digitisation drive in the country has opened the door to new opportunities. New genres are being explored in a market where fragmentation is steadily becoming the norm. Taking the cue, Mahesh Samat, former managing director of Walt Disney India, along with a consortium of private financial investors, last week announced the launch of television channel Epic to be positioned as India's first 'segmented' Hindi entertainment product. As Samat says, the channel will “celebrate the nation's heritage by translating the vibrant past into entertainment through the contemporary format”, with programmes set against a historical or mythological backdrop. The channel is currently waiting for regulatory clearances and is slated to be launched in August. The brand also aims to create intellectual property (IPs) and strong characters beyond television. In a conversation with FE Brandwagon's Anindita Sarkar, Samat, managing director, Epic Television Network, talks about the concept for the channel and his plans for the new product. Edited excerpts.

Could you define the channel concept in terms of content programming and target audience?

Epic is a segmented Hindi entertainment channel that will translate our vibrant past into entertainment, with a modern and contemporary storytelling approach that is set against a historical/mythological backdrop.

Our content philosophy is aimed at presenting a unique, episodic television format with a modern take on history and a fresh look at mythology – both fiction and narrative non-fiction. Epic will have action, drama, comedy, supernatural and narrative non-fiction content. The stories will be innovative with high production quality and a distinct look and feel that will appeal to both men and women across the country. To give you an example, we have acquired the exclusive rights for Indu Sundaresan’s acclaimed novel The 20th Wife which describes the captivating story of India's most controversial empresses in the Mughal empire – Mehrunnisa.

Epic is targeted at general audiences in urban digital households. We want Epic to be part of the basket of channels which audiences in urban India watch. Our core audience set would comprise working professionals, housewives and young adults.

What is the insight behind launching a channel such as Epic?

Internationally, with increasing audience fragmentation, broadcasters are creating and distributing genre-specific content to attract and engage a clearly defined target audience. As a result, television content globally is witnessing a growing wealth of viewing opportunities for consumers, across diverse genres such as comedy, action and crime. In India, with the substantial size and consumption of the Hindi entertainment category, there is an increasing opportunity to create thematic entertainment that would offer more choices for viewers.

Although we have 800-plus TV channels, most of the content is general entertainment. However, growth of digitisation is leading to fragmentation of audiences, thereby creating an opportunity for differentiated and genre specific content. Moreover, the ever-increasing number of digital households is leading to heightened audience expectations and demand for more diverse viewing opportunities. The latest KPMG-Ficci report on media and entertainment industry has also indicated that digitisation is expected to open up more avenues for broadcasters to launch subscription-driven specialty channels in India.

Moreover, during research, we identified a core consumer insight that has formed the genesis of our channel philosophy. The current historical and mythological content largely remains within the confines of traditional entertainment. Our aim is to present the rich elements of our vibrant past in an entertaining manner that would be unique for all. We want mass audiences to connect and relate with our rich history more closely and beyond the traditional way of showcasing the stories.

Could you elaborate on the channel's investors?

Epic is being launched by Epic Television Networks Pvt Ltd, a new start-up in the media and entertainment sector that is spearheaded by me and supported by a strong management team with experienced television professionals including Ravina Kohli as content head and Aparna Pandey as business head. The company has been funded by a group of financial investors, who would not like to divulge their names at this moment.

Do you eventually plan to align with a large network ?

It sometimes becomes a challenge for large networks to be able to innovate with content, given their existing legacy and perceptions amongst key stakeholders. Therefore, with the development of digitisation in the country, new businesses like us will get more opportunity to explore subscription driven, varied content offerings to bring more choice for the viewers.

With no network backing, what will be your strategy to thrive in the market?

We intend to focus on our content and provide more meaningful entertainment to audiences. This will be one of our key strengths in building more relevance in the Hindi entertainment category. Moreover, we are not here to compete with any existing players, but work within the ecosystem to provide differentiated and more viewing opportunities for the consumers. So we will definitely forge strong distribution and ad sales partnerships with existing players in the industry to bring our vision of creating a brand in television to life.

How do you plan to monetise the channel and generate revenues?

Digitisation has made both streams of revenue possible for broadcasters – advertising and subscription, providing an opportunity for more genre specific content on Indian television. We intend to focus on both these revenue streams. Epic will be available only amongst digital households in India, which currently comprises approximately 72 million digital households and is expected to grow to 179 million by 2017. Therefore, the opportunity is massive. Epic will be available across all DTH and digital platforms across all major markets in India.

Moreover, since the demographics of our target audience is relevant for mainstream urban television, we believe that a wide variety of products and services across segments could find a direct fit with our channel and content ideology, for advertisements and partnerships. We will also look at international syndication at a later date.

What are the challenges that you faced to launch a channel such as Epic?

In my opinion, there are two key challenges that we face with this new offering in the television space. One is ensuring that the delivery and presentation of content is of the highest standards, with the aim of creating IPs, characters and new heroes against

our rich historic background and in a contemporary storytelling format that is entertaining for all. Therefore, we are in discussions with some of the leading production houses across the country to craft and present the best stories in the most entertaining format with a modern and high production quality.

The other challenge is whether the speed and the extent of development of digitisation in the manner in which it is currently being anticipated, which is key to the success of channels such as Epic, will actually materialise.

Business Line |

New channel Epic TV to showcase India’s heritage

Come August, Indian television will have its own ‘History’ channel called Epic TV, which will offer content that will showcase the country’s history, folklore and mythology. The channel, which is yet to get regulatory approval, is a part of Epic Television Network promoted by Mahesh Samat, who quit as head of Walt Disney India last year to start his own venture.

Talking to Business Line, Samat, an alumnus of IIM-Calcutta, said that he has roped in a few high profile investors including auto major Mahindra Group’s Chairman Anand Mahindra.

The channel is said to open a new category in Hindi entertainment, termed as ‘segmented’, that presents thematic content focused on a particular genre, thereby, offering increased choice and different viewing opportunities.

The latest FICCI Frames KPMG report has also indicated that digitisation is expected to open up more avenues for broadcasters to launch subscription-driven, specialty channels in India.

“Digitisation has opened up lot of opportunities in terms of diverse viewership in the country. We have through our survey have found that there is a strong affinity for such content in both urban and rural India. We are looking at offering three hours of fresh content every day,” Samat said. The company is also looking at acquiring movies in these genres. He also said that the channel will not be free-to-air.

He, however, refused to divulge any financial details on the company, which became operational from December last.

Samat said this full HD channel will be available on all DTH and digital platforms across all major markets in India.

One of the shows on Epic is based on Indu Sundaresan’s novel The Twentieth Wife that is about Mehrunissa, the twentieth wife of emperor Jehangir.

The Hindu |

Create your own vision

Collaborate, Create and Localise! This advice from the groves of academia could well be the media and entertainment world’s equivalent of the magical phrase Open Sesame.

For the first time, a battery of academics and a good number of media and film students thronged the three-day FICCI FRAMES conclave which brings a range of players from the global audio-visual industry to Mumbai.

The consensus from academics, innovators and skill developers at the discussion moderated by Sunil Tandon, Director General, IIMC, was that the media literate and highly skilled students are the prime requisite for enabling the next big leap in M & E.

Crunching numbers in terms of job vacancies, Sanjay Gupta, COO, Star India Pvt. Ltd pointed to the dearth of talent in the industry and said that over 60 lakh people would be required to achieve the goal of growing the media industry from 17 billion to 70 billion in next decade. Indeed, job opportunities for media professionals will increase with the media needs of every business which makes ads and corporate films, has PR and corporate Communications departments and manages social networks. If that sounds too good to be true the bad news is that as many as 12 million jobs would have to be created every year just to keep unemployment at the present level (around 10 million jobless )

Professional approach

Gupta admits there are “serious challenges in the industry’s HR policies” and decries the belief that “chaos is creativity in our industry”. He argues that “the informal ways of recruiting need to be changed. We need to be serious on training, mentoring and recruiting the right and local talent for the industry. There is an urgent need to go formal, early and local.”

Which is easier said than done as Film and Television Institute of India (FTII ) Director D J Narain points to the “serious divide between urban sensibilities. Seventy per cent of our country’s populace is still living in small towns, a veritable pool of untapped talent. Additionally, there are over 1000 live art forms in our country which have huge potential and need to be preserved.”

Whistling Woods International’s Meghna Ghai Puri concurs that talent is not confined to Mumbai and Delhi, but can be tapped from the entire country by a more democratic process of talent identification. “We need to focus on more-inclusive and grass-root development of talent”, she said. She deplores the Indian education system’s compartmentalisation “into black and white unlike abroad where they ask you to think in greyscale. Abroad, you get a skill-based education system that makes students valuable and durable in whatever industry they choose to enter.”

The Financial Express |

"True change in television will come through tiered pricing"

The FICCI-KPMG Media and Entertainment (M&E) 2013 report has predicted a 11.8% growth rate for the M&E industry in 2013 to touch R91,700 crore. That must come as a relief for the industry which saw overall ad revenues, the mainstay of their earnings grow by only 9% in 2012 as advertisers kept a tight rein on their ad expenditure. The report predicts that overall ad spends are set to grow by 10.7% in 2013. In a conversation with FE Brandwagon's Anushree Bhattacharyya, Jehil Thakkar, partner and head, media and entertainment, KPMG in India speaks about how 2013 is expected to be better than last year with the rollout of the second phase of cable digitisation and the third phase of auction of FM radio licences expected to give a further fillip to the industry. Edited excerpts:

The latest FICCI-KPMG media and entertainment report has suggested that 2013 will be a better year in terms of advertising spends as compared to 2012. What are the factors that will drive this growth?

2012 was indeed a very challenging year for advertising. As per the recent FICCI-KPMG report, overall advertising grew by only 9% and is expected to grow 10.7% in 2013. In 2012, advertising suffered on account of overall weakness in the economy as well as large spending categories staying out of the advertising market. In 2013, with the finance minister projecting overall GDP to grow 6.2-6.7%, some advertising growth will return. Also, with the Reserve Bank of India expected to cut interest rates, we should see spending by white goods, auto, real estate and BFSI (banking, finance services, insurance) return. Another category likely to increase spends is telecom, with the launch of 4G expected in 2013. We are also likely to see the beginnings of some election spending.

This year's report predicts double-digit growth for television. How has the scenario changed with implementation of digitisation?

Phase 1 digitisation in Mumbai and Delhi is largely complete, with Kolkata behind and Chennai still in question. However, some positive effects are already being felt. Carriage costs have gone down by 15-20% and subscription amounts have increased. Phase 2, which is digitisation of the next 38 largest cities is under way with a little over half complete. Once this is done, there is likely to be lowering of carriage fees and increase in subscription revenue across the board. However, true change will only come once the average revenue per user (ARPU) goes up through tiered pricing in cable. Regional genres will likely benefit as measurement is extended to smaller towns and villages and also deeper in SEC C, D and E categories of consumers.

The report records strong growth posted by new media sectors, animation/ VFX and a comeback in the films and music sectors. What are the factors that have lead to growth in these categories?

New media is now 7% of the total advertising pie with a lot of headroom for growth. As digitisation spreads and fixed broadband grows, new media will expand exponentially. Another growth factor will be the increasing number of 3G and 4G subscribers. VFX grew on the back of a robust film sector and animation’s growth was due to overseas contract work. The domestic market continues to be very challenging for animation companies. Films grew 21% -- a tremendous comeback for the sector. Digital distribution in films reached 77% and was a key driver for growth – other than better content. Music too, gained from digital. Digital music continued to drive growth and with the launch of streaming services and Flyte and iTunes, we expect that this sector will gain significantly from wireless broadband.

With more money being pumped into digital, does it imply that overall ad spend in traditional media may go down?

Not really, digital is obviously an area of growth but the absolute numbers are still small. Over 90% of advertising is still in traditional media. Traditional media in India will continue to grow at a robust pace. India is a heavily under-advertised market compared to larger economies such as the US and Germany so there is plenty of room for growth for both new and traditional media.

Interestingly, local language press still seems to be driving factor behind the growth of print medium. Do you see this continuing?

Yes. Local language titles will continue to drive growth in print. The rise of local language media, which began 4-5 years ago as marketers recognised the importance of the regional markets, will continue. To what extent will the phase 3 auction of FM radio licences change the game for the radio sector. What are the kinds of models can be expected?

Phase 3 will see the auction of 839 licences in 294 cities. Most of these licences are in smaller cities and towns but there are a few in the metros as well as larger towns. Phase 3 will likely allow the large broadcasters to offer advertisers a truly national footprint. Some regional groups will also emerge. Print players which are dominant in that local market are likely to be aggressive bidders for stations in their markets.

Going forwards between traditional media and new media which will emerge as a winner?

Both of these have tremendous headroom for growth. People in India continue to read newspapers in their traditional form, watch TV as they always have and listen to radio but they also surf the web on the mobile and increasingly from tablets. India is one of the few markets in the world where overall growth rates can sustain both forms of media for many years to come.

millennium post |

More films to be shot in India, Bangladesh

Bangladesh's Minister of Information Hasanul Haq Inu Friday said film buffs in India and Bangladesh can now look forward to seeing movies filmed in each other's countries.

Speaking at a B2B conference 'Shoot at Site', organised by the Federations of Indian Chambers of Commerce and Industries (FICCI), Inu said that in spite of problems besieging South Asia, India and Bangladesh had great filmmakers who developed the industry tremendously.

‘It has become apparent that media has influenced tourism in the 21st century in many ways. One such media is film,’ he said.

The conclave is aimed at helping stakeholders discover the benefits of shooting in India and participating countries from across the globe with experts, decision-makers and line producers.

Presentations, interactive panel discussions and B2B meetings at the conclave highlighted shooting spots, production facilities and services in both countries.

In his address, Inu reminisced about Bangladesh's journey since its independence in 1971. He recalled how three million Bangladeshis and 8,000 Indian soldiers laid down their lives during the struggle. He paid tribute to the martyrs.

He also saluted the leadership of the then prime ministers of India Indira Gandhi and founder of Bangladesh Bangabandhu Sheikh Mujibur Rehman that won the country its freedom. Inu also said Bangladesh has a rich biodiversity that offered a natural invitation to make films. He regretted that no film had yet been made on Bangladesh's liberation struggle. He called upon producers, directors and investors to consider making a film on the War of Liberation, which he said was an epic war.

Business Standard |

Waive tax to boost film tourism: FICCI-YES BANK study

A FICCI-YES BANK study has recommended a series of policy initiatives including tax concessions to foreign film makers to give a boost to local tourism.

Various foreign governments offer tax incentives and rebates to encourage foreign film makers to shoot in their countries.

The study also says government to make norms making it mandatory on foreign production houses to hire specific number of local artistes and technical crew.

The recommendations are part of the study 'Film Tourism: India as the Next Hotspot' was released by Jyotsna Suri, vice president of FICCI today.

The study lists five point agenda to give boost to film tourism which include mandatory hiring of Indians in film shoots, protection of local culture, fast track clearances for film shoots, responsible tourism practices and grant of tax incentives.

Business Standard |

Artists to take freedom pitch to Parliament

With the Indian media and entertainment sector constantly facing backlash from multiple groups, a panel discussion, held on Wednesday here during the FICCI Frames 2013, called for forming a pressure group from within the artistic fraternity, to take its collective voice to Parliament.

The 14th edition of FICCI Frames, the annual conclave of the sector, opened here yesterday.

The panel, moderated by Shoma Choudhary, managing editor of Tehelka magazine, saw the presence of prominent figures such as Kamal Haasan, recently in the middle of a controversy for his film Vishwaroopam, director and producer Mahesh Bhatt, actor Rahul Bose and Lok Sabha member Jay Panda.

Commenting on the curbing of freedom in day-to-day life, Hassan, also chairman of the FICCI Media and Entertainment Business Conclave, said: "I believe curbing the freedom of expression or speech is not a dignified thing. I believe the only way to stay young is to be immature, so even as a a father, I wouldn't try to curb my daughter's freedom. Even as the captain of the ship for my movies, I do not believe in curbing my actors' freedom of opinion or coercing them to change their opinions."

Added Panda: "It's sad that a Supreme Court ruling allowing the Censor Board to be the authority on certifying movies is defied by various state high courts.''

Reacting to Panda's comments, Bhatt said: "Having a discussion on freedom itself is a sign that we are not free. I have lived with the idea of freedom for 40 years. Today, every film-maker lives in fear of mobs outside. We are film-makers, not underground revolutionaries, who make movies and are not armed to deal with mobs. Also, there is no sense of community among artists. Forty years back and even today, we still do not stand together as a group."

Referring to the industry's stand on the issue, Bose said: "There is a grey area in the definition of freedom of expression in the Constitution. We need to safeguard the definition of this and the exceptions to this law should be used only in the rarest of rare cases. Art has the power to make people think, influence people. It could lead to protest, but will get people to think."

The panel was in accordance that it was every person's right to showcase their art, be it a film-maker as big and reputed as Haasan or someone like a Kamal Khan. The fraternity needs to give up the 'I told you so' stance and stand up for the artists.

The panel discussed how cinema in India has become regressive and is not provocative enough. They also questioned if the industry cares for freedom enough, with film-makers surrendering to the mob.

The panel has concluded they need to create a pressure group from within the domain of artistic fraternity, which will articulate the need to change the rules. This pressure group will lead the change and require political representatives to take the collective voices to Parliament.

More than censorship, personal discipline should drive the content which is affected by cultural sensibilities that are represented by the commercial success of the art.

Business Standard |

Look beyond Bollywood, cricket: Proctor

Dominic Proctor, President, GroupM Worldwide, on Wednesday said the Indian media and entertainment industry needed to look beyond cricket and Bollywood.

“The industry is heavily dependent on Bollywood and cricket. The content is excessively and obsessively dependent on Bollywood, cricket and stars. Unfortunately, cricket viewership is declining, posing a threat to the businesses surrounding it. This is a wake up call and in order to grow in the global space, the industry needs to look beyond Bollywood and cricket,” said Proctor speaking at the FICCI FRAMES here.

“The Indian M&E Industry is at a crossroads. From here, it can either grow internally, or take a chance and approach a global growth ambition,” he added.

He said that sports marketing in India will require to have a much broader base than just cricket. “People need to look at other sports too,” said Proctor.

On Bollywood, he said that the brands need to find new ways to exploit movies for the benefit of the market.

As per Proctor, the web is a big opportunity. “Advertising in print costs around six times more than that on the web to reach out to the same consumer. And web is a better engaging medium,” he said.

He added that the need is to optimise inventory by serving different ads to different consumers.

Proctor said that as global economy was slowing down, the opportunity was for India and Asia to lead and then, the others would follow. “India can be a support to the world's media ecosystem like the US was,” he noted.

Business Standard |

Growth optimism in M&E: FICCI-KPMG

The Indian Media and Entertainment (M&E) sector grew from Rs 72,800 crore in 2011 to Rs 82,100 crore in 2012, growth of 12.6 per cent, says the FICCI-KPMG report on the subject, issued today during the 14th edition of the annual media and entertainment conclave, FICCI Frames.

The report suggests recent policy measures by the government can pave the way for gradual recovery for the economy. It said with the impetus introduced by digitisation, continued growth of regional media, the coming elections, strength in the film sector and fast increasing new media businesses, the sector is estimated to achieve a growth rate of 11.8 per cent in 2013, to touch Rs 91,700 crore. The compounded annual growth (CAGR) projection is 15.2 per cent till 2017, to reach Rs 1,66,100 crore.

Television

In the television sector, KPMG believes digitisation of cable is expected to bring transparency and raise subscription revenues for multi-system operators (MSOs) and broadcasters. "It is also expected to reduce carriage fees, building a case for the launch of niche channels and investment in content for existing channels. Developments and refinements in viewership measurement systems may affect the way advertising is distributed among channels," it said.

Print

The report said the Rs 22,400 crore print industry grew by only 7.3 per cent in 2012, from Rs 20,900 crore in 2011. KPMG’s expectation was of 8.3 per cent growth last year. The high dependence on advertisement revenues resulted in the growth of print being dampened by the country’s poor macroeconomic performance.

Films

After several years of muted growth, 2012 was an exciting year for the film segment, with the audience returning to theatres. Domestic theatre revenue grew 23.8 per cent y-o-y, contributing 76 per cent to the Rs 11,240 crore sector. Digital distribution played a significant role in increasing the reach. Penetration has begun in tier-II and III markets and in entertaining the unserved population near the bottom of the pyramid.

Radio

The radio segment had muted growth of 10 per cent in calendar year 2011 and reached revenue of Rs 1,270 crore, compared to Rs 1,150 crore in 2011. The overall revenue of listed radio players exhibited a single-digit growth rate during the year.

Music

The report says 2012 was the year of discovering music. Consumers finally showed some indication of broadening the consumption beyond Bollywood, as other genres showed vibrancy.

Technology enabled personalisation in music discovery through various mobile and internet apps, while cloud storage assisted in managing the content swiftly. Social media continued to blur borders and promote music consumption, thereby fostering talent, unlike before. More and more independent artists were able to find an audience and also monetise their content, albeit in a small way. Live music performance also came into its own and provided a platform for audience engagement to established artists and budding talent.

Digital tunes are contributing 57 per cent to the Rs 10.6 bn music segment, which grew 18 per cent y-o-y. “While the TRAI (Telecom Regulatory Authority) guidelines restricting the automated renewal of caller ringback tones (CRBT) dampened the growth momentum, achieving a 16 percent y-o-y growth against our expectation of 18 per cent, the industry is now gearing to take the digital audience to the next level, by offering enhanced and affordable music services online and on mobile devices,” the report said.

Revenues from digital platforms are expected to gradually gain pace and grow at a CAGR of 21.7 per cent over the next five years. By 2017, digital revenues will contribute 72 per cent to the music industry’s revenues. This growth will be on the back of availability of faster broadband speeds and the uptake of subscription-based online music services. Growth in music consumption (both online and mobile) is expected to drive the segment to revenue of Rs 22.5 bn by 2017.

“Digital and broadcast video are driving growth in the music business. Performance licences also saw growth. These will continue to drive the industry forward and over the medium term, more than compensate for the loss of revenue from CRBT and radio revenue,” Thakkar added.

New Media

New media continued its growth trajectory in 2012, albeit slightly slower than the previous years, with estimated growth in advertising revenues of close to 40 per cent over last year. Coming in at approximately Rs 22 bn in revenue in 2012, digital ad spend reached approximately 6.7 per cent of the total M&E sector’s advertising revenue, the report said.

As predicted last year, the mobile story has begun to play out in India, with the user base expanding significantly over last year. The devices are getting cheaper, access is better and time spent longer, leading to significant shifts in content consumption habits of large sections of the audience. This audience, however, remains under-monetised. This is primarily due to a decline in on-deck revenues, sluggish ad rates and under-investment in distribution platforms that allow customers to pay for content effectively.

The report said one of the biggest challenges facing this sector in realising its full potential will be the ability to create distribution platforms with enough critical mass to give users a rich experience and transact seamlessly (even for small-ticket sizes). There is increasing consensus that it is no longer possible to prevent content from being made available online. The recourse for content owners is to invest and create credible platforms where users can consume content effectively and at the same time, work towards effective policing of piracy.

“The New Media segment continues to power ahead. Digital advertising, social media marketing, gaming, etc, are all fast growing markets. With the roll out of 4G in 2013 and increasing penetration of wired broadband, coupled with widespread use of smartphones and tablets, New Media will continue to be an ever increasing part of the overall M&E industry”, Thakkar said.

The Economic Times |

`TV digitisation will be a challenge in tier 2, 3 cities'

Digitisation of cable television will play a key role in helping the Indian media and entertainment industry grow 15% a year to double its size by 2016 but its implementation will be a challenge in small towns and cities, Jehil Thakkar, head of media and entertainment at KPMG, says. The FICCI-KPMG Media and Entertainment Report 2013 released on Tuesday forecast the industry to reach Rs 1,45,700 crore by 2016 from Rs 72,800 crore in 2011. Talking to ET on the opening day of FICCI Frames 2013, the annual conclave of M&E industry, Thakkar says digitisation will boost broadcasters' subscription revenues. Excerpts:

How has the first phase of digitisation effected the broadcast industry?

Phase 1 is only starting to have an effect. So far, the average rate per user (ARPU) has remained stagnant. It will only go up once MSOs (multi-system operators, or cable TV operators) move to pricing packages and collection of the same happens. There has been some rationalisation in carriage fees of 15%-20% in recently concluded contract negotiations, which is a direct impact of digitisation.

What are the possible hurdles in the future and how could they effect the sector?

Implementation across phases remains a risk, especially because phases 2, 3 and 4 have a lower concentration of large MSOs. This is because these phases move into tier 2 and 3 cities, which are still very unorganised in their cable industries. Also digitisation does not only mean seeding (installing in houses) set-top boxes. It also means altering longstanding consumer habits. Phases 3 and 4 may see limited interest from cable operators due to limited infrastructure as well. Funding and logistics are also likely inhibitors.

How will digitisation affect sectors other than television?

DTH will likely see gains as cable ARPUs rise and DTH becomes more of an equal player. We expect a channels to be more dependent on subscription than advertising. Prices for films rights are also likely to increase due to this. New media will grow as cable companies begin selling broadband.

The Hindu |

Media & Entertainment sector can double by 2017: report

The Indian Media & Entertainment (M&E) sector is an economic enterprise that is capable of creating employment and wealth much faster than most other sectors and with the ability to be a force multiplier, like it is in most countries, according to Uday Shankar, Chairman, FICCI Media & Entertainment Committee.

Mr. Shankar, who is CEO Star India, was speaking at the inaugural session of the 14 edition of FICCI Frames 2013 which is the annual conclave for the media and entertainment industry. This year’s theme is ‘A tryst with destiny: engaging a billion consumers.’

“The lens often used to look at this industry is largely one of glamour and propaganda and the biggest debate is on how to control and contain it,” said Mr. Shankar.

“As a result, the growth of media and entertainment has not been supported by policy and regulatory initiatives”.

The industry employs six million people.

According to a FICCI-KPMG Media & Entertainment 2013 report released on Tuesday, the impetus introduced by digitisation, continued growth of regional media and continued strength in the film sector is likely to see the Indian media and entertainment industry grow 11.8 per cent in 2013 to reach Rs.91,700 crore from Rs.82,000 crore in 2012. The report said that the M&E industry is projected to grow at a compounded annual growth rate (CAGR) of 15.2 per cent to reach Rs.166,100 crore by 2017.

Naina Lal Kidwai, President, FICCI, said, “Our endeavour is to develop and engage with a varied consumer base. The FICCI-Frames report this year has outlined tremendous growth for the sector with one of the key drivers for change being digitisation. Apart from this, rapid increase in mobile usage and internet penetration, along with 3G and 4G will continue to determine growth for the industry”.

The Indian Express |

Media and entertainment business to grow 81% in five years: FICCI-KPMG

India's media and entertainment industry is expected to grow by over 81 per cent from the current level of Rs 91,700 crore to Rs 1,66,000 crore by 2017, according to FICCI-KPMG report released at the inaugural ceremony of FICCI Frames 2013 in Mumbai on Tuesday.

In 2012, the television segment accounted for 45 per cent of the Rs 83,100 crore market. Its share is likely to go up to 50 per cent by 2017, with a size of Rs 84,760 crore of the Rs 166,100 crore market. Print media is expected to post a moderate combined annualised growth rate (CAGR) of 8.7 per cent to touch Rs 34,020 crore from the 2012 level of Rs 22,410 crore. Indian film industry is slated to grow from the present Rs 11,240 crore to Rs 19,300 crore in 2017, the report said.

"This industry is an economic enterprise, which is capable of creating employment and wealth much faster than most other sectors and with the ability to be a force multiplier," said Uday Shankar, Chairman of FICCI's Media and Entertainment Committee. The growth of the industry should be supported by bold policy and regulatory initiatives, he said.

The three-day FICCI Frames is the largest media and entertainment jamboree in Asia.

live mint |

Media business set to double, creating jobs: Star India CEO

India’s media and entertainment business is expected to double in size to Rs.1.66 trillion by 2017, offering the prospect of being an employment generator without needing large public investments, Star India chief executive officer (CEO) Uday Shankar said on Tuesday.

Shankar said, however, that the biggest challenge facing the industry was the threat to freedom of expression, sounding a warning about the growing climate of intolerance in India.

Shankar said the media and entertainment industry should be more ambitious about its vision for the future.

“In business and creative terms, the Indian media and entertainment sector still remains much smaller than it should be in a country of 1.2 billion people,” said Shankar at the opening of the annual FICCI Frames conclave on media and entertainment in Mumbai. “Our collective and individual ambitions should be taking wings around this big opportunity.”

The industry is expected to swell by a 15.2% compounded annual growth rate to Rs.1.66 trillion in 2017 from Rs.82,000 crore last year, according to the Media and Entertainment 2013 report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG that was released at the FICCI Frames event, which runs 12-14 March.

Increased digitization, the growth of regional media, forthcoming election, the strength of the film sector and fast-increasing new media businesses will see India’s media and entertainment industry grow 11.8% to Rs.91,700 crore this year, the report said.

Shankar said in his inaugural address that a consensus approach would be critical to growth. Star India is part of Rupert Murdoch’s News Corp.

“In my view the single most important enabler towards all this would be a strong alignment within the industry, and with other stakeholders in the government and the policy establishment,” he said.

Shankar cited the digitization exercise—a government mandated switch to digital TV signals from analog—as being an example of this. The shift is aimed at improving signal quality and plugging leakages in the form of under-reported subscriber numbers.

Shankar said it was important to recognize that “media and entertainment is a real economic enterprise, not just a vehicle of glitz and glamour”.

This was “particularly relevant in India because it can be an employment generator without massive public investments and without being hampered by the deficiencies of public infrastructure,” he said. “Just to put things in perspective, as a $15 billion industry, we employ over 6 million people. This can be so much more significant and meaningful.”

One of the big gaps that the industry needs to fix is the absence of accurate data, for instance, when it comes to ratings and viewership.

“There are 140 million cable and satellite homes but the measured universe is 62 million households. I do not know how many subscribers I have with a particular MSO (multi-system operator) and the MSO doesn’t know how many households his LCO (local cable operator) delivers the signals to,” he said.

“Same is true in advertising too. The country’s premier media agencies can’t even seem to agree on a fact as basic as the size of the advertising market.”

Andy Bird, chairman, Walt Disney International, said that he was pleased with the progress of digitization.

“We see tremendous opportunity in rapidly growing markets like China, Russia, Latin America, South Korea and, of course, India. Connecting with consumers in these regions is a key strategic priority,” he said.

Walt Disney last year acquired a controlling stake in Ronnie Screwvala’s television company UTV Software Communications Ltd, which runs film and youth channels. Disney also operates its own children’s channels in the country.

“The more clear policy and firm decisions the government takes, the more investment India will attract,” Bird said at the conference.

The lack of adequately trained talent is holding back the Indian industry, Shankar said.

“We have a real crisis on both supply and quality. While it is not unique to media and entertainment, what is different is the lack of recognition of the scale of the challenge,” Shankar said.

“While other fast growing sectors like IT (information technology) and financial services are actively working to find the right talent and building the right skills, we, as a community are complacent in our belief that this sector is different.”

Shankar said, however, that freedom of expression was the biggest challenge facing the industry. “It is time for us to recognize that free speech is what is sacrosanct, not the right to be offended,” he said.

“This perhaps is the only major democracy in the world where, after over 60 years of independence, there continues to be a debate on how much freedom can be given to the media,” Shankar said. “I am shocked that there are still groups and interests who continue to debate on the right amount of freedom that can be granted to media; as if this is something to be granted and as if this is even negotiable.”

Robert Bakish, president and CEO of Viacom International Media Networks, said consumption of content was at an all-time high globally.

In India, Viacom has a joint venture with TV18 that runs the Hindi general entertainment channel Colors along with MTV and Nick, among others.

TV18 is a subsidiary of Network18 Media and Investments Ltd. Network18 also holds a 50% stake in Viacom18.

Sai Kumar, group CEO, Network 18, said, “Entertainment has no boundaries... We are now seeing reverse migration. Soaps from the local market, such as Balika Vadhu and Uttaran are now making their way to broadcasters in the rest of the world.”

He added that the potential to exploit content across platforms was much higher than it used to be. Earlier, content production was tied to the platform of distribution. “It’s a good problem to have,” he said.

Business Line |

Each market needs its own Disney company, says Andy Bird

Walt Disney has grown its business over the past nine years, both organically and through the acquisition of UTV last year, according to Andy Bird, Chairman of Walt Disney International.

“Our strategy for each region reflects local market realities and opportunities. Our approach in India is focused on media and entertainment because that’s where we see the greatest potential for Disney, not only because the industry here is poised for a huge leap forward, but because of the rapidly rising middle class of consumers and their traditional focus on the family,” Bird said at the inaugural session of the of the 14th edition of FICCI Frames 2013, the annual convention of the media and entertainment industry.

Last year, Disney had acquired Ronnie Screwvala-led UTV Software Communications Ltd, one of India’s leading media and entertainment companies, for Rs 2,000 crore.

As part of its strategy in India, Disney is looking to provide content relevant to local consumers. “It is no longer ‘domestic’ versus ‘international’ for us. We recognise that each market we enter essentially needs its own ‘Disney’ company,” Bird added.

The company is focusing on rapidly emerging markets such as China, Russia, Latin America, South Korea and India. “The managers of our business in each region are creating strategies that reflect the local markets. For that reason, India’s Disney will look different from any other version,” Bird said.

With the acquisition of UTV and the creation of the new Walt Disney Company India, Disney added six entertainment and film channels to its portfolio. “This has helped us reach more than 100 million viewers every week across the country. The deal also positioned us as a significant player in the digital media space, thanks to Indiagames, a mobile gaming company,” he added.

The company is also working closely with its Japan team to create innovation in interactive and mobile segment to take the space in India to the next level and be ready for the broadband wave in India, Bird added.

Business Standard |

'Digitisation key to media sector growth'

The growth of the media and entertainment (M&E) sector in India wouldl depend on the success of digitisation and the general economic condition, said Uday Shankar, chairman of the Federation of Indian Chambers of Commerce and Industry’s committee on the segment.

“Year 2012 was one of the toughest in the past 10 years. But, it has also been a landmark year for the sector, with significant progress in all verticals,” he said.

Digitisation will fundamentally change broadcasting but without successful digitisation, coupled with an economic condition like 2012, the industry will again have “crippling growth” this year, said Shankar, also chief executive of STAR India. The first phase of digitisation was the pilot project for the investment community, content community and the entire ecosystem, he added.

With a lot of commercial hit films having crossed the Rs 100 crore mark in revenue, film companies have scaled up their ambitions, and radio and print continue to defy global trends, he added.

According to the FICCI-KPMG M&E 2013 report, the sector in India is estimated to touch Rs 91,700 crore in 2013, up 11.8 per cent over the Rs 82,000 crore in 2012, backed by digitisation, growing regional media and the coming elections, among others. It is expected to touch Rs 166,100 crore by 2017, it added.

“If the economy doesn’t turn around, there will be an impact. Economic hardship is used as a tool to bring down yields, as advertisement rates are compromised,” said Shankar. It will come when multiple system operators are able to create a business discipline and pump money back into the business.

Advertisement revenue has been witnessing slower growth and without better economic conditions, no company would be able to buck the trend. “Smaller players will face bigger challenges unless the economic condition improves,” he added.

The FICCI-KPMG report has said television would continue to be the dominant segment but new media sectors are growing at a faster rate. Films and music have also making a comeback, on the back of strong content and the benefits of digitisation.

“The industry should not only depend on advertising (about 70 per cent of the broadcast industry's revenue comes). Distribution breakthrough is needed. Advertisers only pay for the number of eyeballs a channel generates. Also, segmentation of Hindi-speaking markets is yet to take place, as there are limitations in distribution,” said Shankar.

The report said advertising spending across media grew nine per cent in 2012 to Rs 32,740 crore. It grew about 13 per cent during 2011 and 17 per cent in 2010. Of this, print accounts for 46 per cent, at Rs 15,000 crore, added the report.

live mint |

Media & entertainment industry to grow at 11.8% in 2013 : report

The Indian media and entertainment (M&E) industry is estimated to grow 11.8% this year to Rs. 91,700 crore thanks to digitization, continued growth of regional media, upcoming elections, the persisting strength of the movie business and the fast expanding new media segment offsetting the effects of a slowing economy.

But this still is slower than the industry’s 12.6% growth to Rs.82,000 crore in 2012, according to highlights of the latest report on the sector by the Federation of Indian Chambers of Commerce and Industry (FICCI) lobby group and consultancy KPMG.

Growth in 2012 was muted by advertising revenue growth slowing dramatically on account of the slump in the economy, which is set to expand at its slowest in a decade for the year ending March.

“While 2012 was a challenging year for the industry, with some improvement likely in the global economy in 2013 and India’s real GDP (gross domestic product) expected to be in the region of 6.1% to 6.7%, the prognosis for the industry looks much better going forward,” FICCI-KPMG said. The full report is to be released at the 2013 edition of the FICCI Frames convention on 12-14 March in Mumbai.

Going forward, the report projects the industry to grow at a compounded annual growth rate (CAGR) of 15.2% to Rs.1.66 trillion by 2017. Last year’s report had said the industry was expected to register a CAGR of 15% to reach about Rs.1.45 trillion by 2016.

Uday Shankar, chairman of the FICCI M&E committee and chief executive of Star India Pvt. Ltd, said, “2012 has been one of the toughest years in recent times. But it has also been a landmark year for the media and entertainment sector with significant progress in all verticals: the signs are already evident that digitization will fundamentally change broadcasting, films have scaled up their ambitions, and radio and print continue to defy global trends,” he said.

“If anything, 2013 promises to be even more disruptive,” he said.

Television remains the dominant segment in M&E. However, new media sectors, animation and visual effects and a comeback in the films and music sectors saw strong growth thanks to content and the benefits of digitization, the report said.

The Indian government has mandated the conversion of analog forms of TV distribution to digital to improve quality and plug leakage of revenue due to deliberate under-reporting of subscription numbers. Digitization began in 2012 and is proceeding across the country in phases.

The FICCI report said radio is “anticipated to see a spurt in growth at a CAGR of 16.6% over 2012-2017, post the rollout of phase III licensing,” which refers to the next round of licences being given out.

Total spending on advertising across media was put at Rs.32,740 crore in 2012, up 9%, compared with 13% in 2011 and 17% in 2010.

Print continues to be the largest beneficiary of advertising revenue, accounting for 46% of the pie at Rs.15,000 crore, according to the report.

“The advertising environment went through one of the toughest years in the last decade. However, the implementation of digitization, the stellar performance of the film industry backed by excellent content and digital distribution, the continued growth in regional print and the momentum in new media and the announcement of phase III radio implementation have finally provided the needed platform to boost the Indian media and entertainment industry,” said Jehil Thakkar, head of media and entertainment, KPMG.

The report listed several key trends that will have an impact on growth. These include digitization of film and TV distribution infrastructure and growth in new media along with the rise in mobile and wireless connections. Key beneficiaries are seen as internet advertising, online classifieds, and gaming. India will remain a growth market for “traditional media” as seen by the expansion in TV audiences, radio listenership, and footfalls in movie theatres. “India is an outlier country where print is still a growth market,” the report said.

The digitization process is likely to lead to greater niche television programming, the report said, while adding that the regional markets remain key centres of growth

While the revenue model is still advertising dependent, subscriptions are growing for TV. The report also pointed to the lack of adequate numbers of skilled media and entertainment professionals.

Business Standard |

'Entertainment & media set to touch Rs 91,700 cr'

India’s media and entertainment sector is estimated to grow 11.8 per cent to Rs 91,700 crore this year, against Rs 82,000 crore last year, owing to digitisation, growing regional media and the coming elections, the Federation of Indian Chambers of Commerce and Industry (FICCI)-KPMG Media & Entertainment 2013 report has said.

It added by 2017, the sector was expected to touch Rs 1,66,100 crore.

In 2011, the Indian media and entertainment sector was estimated at Rs 72,800 crore. “While 2012 was a challenging year for the industry, with some improvement likely in the global economy in 2013 and India’s real gross domestic product expected to grow 6.1-6.7 per cent, the prognosis for the industry looks much better,” the report said.

The television segment would continue to dominate, the report said, adding new media sectors such as animation were growing at a faster rate. Films and music were also making a comeback, owing to strong content and the benefits of digitisation, the report added. The radio segment is expected to grow at a compounded annual growth rate of 16.6 per cent between 2012 and 2017, after the phase-III licensing.

The report said last year, advertising expenditure across media grew nine per cent to Rs 32,740 crore. Print accounted for 46 per cent of this. In 2011, the expenditure rose 13 per cent, while in 2010, it increased 17 per cent. On March 12-14, FICCI would organise its annual FICCI Frames event in Mumbai. The annual conclave of the media and entertainment sector would discuss ways to “maximise the economic and creative potential” of the segment.

Issues to be discussed at the conclave include digitisation, censorship, marketing, exhibition and distribution. At the event, information ministers from various South Asian nations would form a panel to forge ties to augment growth.

The Economic Times |

Rs 1,000-crore hits not far away: Karan Johar

The film industry may be celebrating every time a film crossesRs100-crore mark in collections, but Karan Johar, film director and co-chairman of media and entertainment division of industry association FICCI, says Rs 1,000-crore box office is not far away if the industry taps potential across all verticals. In an interview with ET, Johar says he hoped Information & Broadcasting Minister Manish Tiwari will help empower the censor board to become the final authority for the release of a film to avoid any last-minute litigation or political objection. Edited excerpts:

What are main changes that the film industry is demanding from the government?

We are asking for a change in the Cinematographers Act to protect the interest of the filmmaker. Having seen the release of several films, including My Name is Khan and Kamal Haasan's Vishwaroopam, stalled in the last minute, we are asking for the censor board authorities to be empowered to be the one final authority. If they have already passed a film for nationwide release and after that if a film is stalled for political reasons, what is the power that a censor board has? After a film is passed by them, no one should be able to object, file litigation, or file an injunction just prior to the release.

We are not protected; instead, we feel very targeted. That is why we have put forward a change in the policy very strongly to the I&B ministry. For the first time, I think this is an emotional policy, a protective policy. It is more about the right of a filmmaker than just commerce. We respect the censor board and will comply with them.

It's the centenary of Indian cinema. Do you think this is the best time to press your demands?

We romanticize this 100 years too much but we are on the verge of an immense breakthrough. We can double the growth rate of the M&E industry in the next five years. For this, we need the support of policy decisions and definitely need the support of the government. We keep talking about the Rs100-crore film, but we are not very far away fromRs1,000-crore films. We have enough consumers here. We are just not tapping every vertical enough. We are still at the tip of the iceberg in terms of exhibition, we need to take our products out to those billion consumers. We are still behaving like a cottage industry instead of a glorious film industry. We are still thinking small because that's the way it is being positioned and it's untrue.

Are there any other issues that you are bringing to the table?

Taxation and piracy. The service tax is an additional burden at 12.36% because it raises cost straight by that much. Talent does not pay the tax, but producers do. Producers also cannot avail input credit on service taxes they pay on, say, payments to artists, because there is no service tax for films on transfer of ownership of copyright. Neither can they pass on these costs to distributors who are unwilling to foot the extra bill. Hence, we are suggesting that the transfer of copyright be taxed nominally at 6.18 %, which is 50% of the standard rate for service tax, so that the producers can avail input credit against the same on the service tax paid by them to their suppliers. Minister Manish Tiwari's approach is like a CEO. This is important because the general perception is borderline frivolous. This is unfair as we are a running industry, we provide employment to millions of people, and we need a lot more focus than is given to us. We need to be the centre of many more discussions at the governance level.

Business Standard |

Stage set for FICCI Frames 2013

FICCI Frames, the annual conclave of the media and entertainment industry, will discuss in its 2013 edition ways to “maximise the economic and creative potential” of the industry in the country.

The 14th edition of FICCI Frames, to be organised on March 12-14 in Mumbai, has unveiled its theme — A Tryst with Destiny-Engaging a Billion Consumers.

“While the industry has made spectacular progress in the last 20 years in increasing the intensity of engagement with the Indian consumer through superior content, there is still a gap in our ability to monetise the engagement and use the resources generated to advance both access and content,” said Uday Shankar, chief executive officer of STAR India, who has taken over as the chairman of the M&E committee.

“Frames will offer an opportunity for us to put these developments in perspective, look at the larger picture and engage on such a bold and important theme.”

Karan Johar, co-chairman of the media and entertainment committee, said: “We believe that our new agenda will be the change agent for social and commercial development, connecting a billion people, while shaping and informing their opinions and getting influenced by their collective needs in turn.”

At Frames 2013, the aim is to deliberate on the growth of the industry and find ways to maximise both its creative and economic potential.

The range of topics to be covered include digitisation, censorship, marketing, exhibition and distribution. Also, at Frames 2013, information ministers of South Asian nations nations will form an exclusive panel on forging bilateral ties to augment growth among geographically and culturally connected countries.

The Economic Times |

FICCI Frames to be held from March 12-14 in Mumbai

The 14th edition of Asia's largest media and entertainment (M&E) jamboree, FICCI Frames, will be held from March 12-14 here, committee chairman and Star India head Uday Shankar said here on Monday. In the run-up to the Budget, the FICCI Frames organizers also called for conducive tax and regulatory environment so that the M&E industry can be a catalyst for faster economic development. Announcing the annual gathering of the domestic and M&E fraternity, Shankar, and his deputy at FICCI Frames Karan Johar, said this year's event is themed ''A tryst with destiny: Engaging a billion consumers''.

The Hindu |

`Media industry can drive social change'

The Indian Media and Entertainment (M&E) sector has enormous potential as a harbinger of social change, according to Uday Shankar, Chairman of the Media & Entertainment Committee, FICCI Frames.

Mr. Shankar, who is CEO, Star India, was speaking at the launch of the 14 edition of FICCI Frames 2013, the business conclave of media and entertainment at a press conference here on Monday.

He, along with Karan Johar, film maker and Co-Chairman of the Committee, unveiled this year’s theme, ``A tryst with destiny: engaging a billion consumers.’’

“The policy establishment sees M&E industry either as a propaganda tool or as glamorous. It fails to see the industry as a driver of social change,” Mr. Shankar said.

According to the FICCI Media & Entertainment Committee a policy revamp is required to pave the way for a billion consumers to engage with the industry.

“What would drive this progress is collective innovation on part of the industry verticals, and support from the government in establishing empowering policy initiatives to transform this sector,” he said.

Business Standard |

Stage set for FICCI Frames 2013

FICCI Frames, the annual conclave of the media and entertainment industry, will discuss in its 2013 edition ways to “maximise the economic and creative potential” of the industry in the country.

The 14th edition of FICCI Frames, to be organised on March 12-14 in Mumbai, has unveiled its theme — A Tryst with Destiny-Engaging a Billion Consumers.

“While the industry has made spectacular progress in the last 20 years in increasing the intensity of engagement with the Indian consumer through superior content, there is still a gap in our ability to monetise the engagement and use the resources generated to advance both access and content,” said Uday Shankar, chief executive officer of STAR India, who has taken over as the chairman of the M&E committee.

“Frames will offer an opportunity for us to put these developments in perspective, look at the larger picture and engage on such a bold and important theme.”

Karan Johar, co-chairman of the media and entertainment committee, said: “We believe that our new agenda will be the change agent for social and commercial development, connecting a billion people, while shaping and informing their opinions and getting influenced by their collective needs in turn.”

At Frames 2013, the aim is to deliberate on the growth of the industry and find ways to maximise both its creative and economic potential.

The range of topics to be covered include digitisation, censorship, marketing, exhibition and distribution. Also, at Frames 2013, information ministers of South Asian nations nations will form an exclusive panel on forging bilateral ties to augment growth among geographically and culturally connected countries.

The Economic Times |

FICCI Frames to be Held from March 12-14 in Mumbai

The 14th edition of Asia's largest media and entertainment (M&E) jamboree, FICCI Frames, will be held from March 12-14 here, committee chairman and Star India head Uday Shankar said here on Monday. In the run-up to the Budget, the FICCI Frames organizers also called for conducive tax and regulatory environment so that the M&E industry can be a catalyst for faster economic development. Announcing the annual gathering of the domestic and M&E fraternity, Shankar, and his deputy at FICCI Frames Karan Johar, said this year's event is themed 'A tryst with destiny: Engaging a billion consumers'.

Business Line |

First India-UAE investment task force meet kicks-off on Monday

Commerce and Industry Minister Anand Sharma will co-chair the first meeting of the India-UAE Joint Investment Task Force at Abu Dhabi on Monday.

Besides discussions on areas of investment interest, both sides are likely to agree on a timeframe for signing a memorandum of understanding between the two countries, it is learnt.

The UAE side will be chaired by Hamed Bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s court.

The meeting may also see discussions around review of air services entitlements and issues faced by the UAE investors — Etisalat and Emaar Properties — in India, sources said.

A high-powered FICCI business delegation, led by Rajan Bharti Mittal, former FICCI President and Vice-Chairman and Managing Director, Bharti Enterprises Ltd, is accompanying Anand Sharma for the meeting.

The 15-member business delegation includes Naresh Goyal, Chairman, Jet Airways Ltd; Atul Punj, Chairman, Punj Lloyd Ltd; and Prakash P. Hinduja, Chairman, Hinduja Group Europe.

On Sunday, Sharma will holds talks with his UAE counterpart, Lubna Al Qasimi, at Dubai.

livemint.com |

PVR in talks with theatre chain Cinemax to buy promoter’s stake

Movie exhibitor PVR Ltd is in talks with theatre chain Cinemax India Ltd to buy its promoter’s stake, PVR said in a regulatory filing on Tuesday.

Ajay Bijli-led PVR is also talking with at least two private equity funds, including its existing investor L Capital, and non-banking finance companies IndoStar Capital Finance Pvt. Ltd and L&T Finance Ltd to fund the Cinemax acquisition, according to four people familiar with the development.

If the deal is consummated, PVR will become India’s largest cinema hall chain with 355 screens. It owns 214 screens and Cinemax has 141. INOX Leisure Ltd leads the film exhibition segment with 256 screens, followed by BIG Cinemas that has 254 screens.

PVR said it is engaged in active discussions with Kanakia Group, the promoters of Cinemax, for a potential purchase of shares. “However, no definitive agreement has been entered into in this respect,” it said in a statement to BSE.

Cinemax informed the stock exchange on 22 November that its promoters, who hold a 69.27% stake, were “evaluating options for the sale of their shares in the company”.

Cinemax rose 1.83% to Rs.175.50 in Mumbai trading and PVR shed 3.42% to Rs.236.90. The benchmark Sensex index rose 1.65% to 18,842.08 points.
PVR will pay Rs.480-500 crore for the promoter’s stake in Cinemax, valuing the company at around Rs.700 crore, said the people familiar with the development, declining to be named.

An agreement was signed on Monday, and PVR and Cinemax are working on how the deal will be structured, said one of them.

“PVR is seeking funding for the acquisition. The Cinemax-PVR transaction will be completed next week,” said a person at Kanakia Group, second of the four mentioned above. “Active negotiations are on over Cinemax’s valuation. Cinemax is trying to seal it at around Rs.700 crore.”

The acquisition is likely to be funded through a mix of debt and equity. “IndoStar is one of the lenders to PVR for this deal, while L Capital will (be) working on funding the deal by picking up stake in Cinemax,” said a third person.

In August, L Capital Eco Ltd, a subsidiary of L Capital Asia Llc., said it would invest around Rs.58 crore for a 10% stake in PVR and make an additional investment of Rs.50.1 crore to establish a joint venture with PVR.

Sanjay Gujral, regional managing director at L Capital Asia, did not respond to an email and repeated phone calls. An email sent to IndoStar remained unanswered. “It is not our policy to comment on individual customer-related matters, considering client confidentiality,” an L&T Finance spokesperson said.

A Rs.700 crore valuation for Cinemax seems too steep given that its market value is Rs.491 crore, executives at other theatre chains said, requesting anonymity. PVR’s market capitalization is Rs.647 crore.

“It is a very expensive buy even if it means leading the pack. If PVR values Cinemax at Rs.700 crore, it means that PVR is paying roughly Rs.5 crore per screen,” said an industry expert, who wanted to remain unnamed. A new screen costs some Rs.1.5-2 crore, according to industry estimates.

PVR will take on Cinemax’s debt as well, said the people aware of the development, which will also include the upcoming screens.

Cinemax’s consolidated debt was Rs.73.79 crore on 30 September.

“Cinemax is already working on launching additional 40-50 screens across 10 new locations to roll out in the next one and a half year, of which 11 screens are ready to begin operations in the coming two months,” said one of the people quoted earlier.

India’s cinema exhibition industry is estimated to double screens to over 2,200 by 2016, according to a 2012 media and entertainment report by lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) and consultancy KPMG.

Hindustan Times |

Yash Chopra ushered in studio power

There was one love triangle that Yash Chopra scripted to a happy ending. It involved producers, bankers and investors.

The celebrated “King of Romance”, who died on Sunday aged 80, brought to the world’s most prolific film industry a corporate-style conglomerate system resembling Hollywood labels, lifting it out of the mire of shoddy mom-and-pop banners.

Yash Raj Films (YRF), the company he founded and headed now by his son Aditya, brought in MBAs, financiers and marketing executives, spun joint ventures and set up offices in New York, London, and Dubai. “He set up the true-blue studio model,” said Siddharth Roy Kapur, MD of studios at DisneyUTV.

In the late nineties, as India embarked on an economic reform programme, Chopra associated himself with the Federation of Indian Chambers of Commerce and Industry to usher in systematic market research that measured the entertainment industry in clear numbers — market size, players, revenues, and projections.

“When the time came he was the first to win the confidence of investors to look at the sector with interest,” said Amit Khanna, chairman, Reliance Entertainment.

“Bollywood used to be a black hole and Yash Chopra opened up this small and closed world to everyone, especially investors,” said Timmy Kandhari of Sapphire Professional, a strategic advisory firm. Kandhari has been associated with the annual industry event, FICCI-FRAMES, and worked with Chopra many times to put together the industry report.

Rana Kapoor, founder and CEO of Yes Bank, YRF's banker, said Chopra brought in “financial prudence, and a foresight of setting up a systemic process-oriented company and a responsible CFO”.

Chopra convinced banks on “how the business of films was not speculation but involved a lot of calculation”, trade analyst Komal Nahta said.

The New Indian Express |

'Digital tech has made filmmaking easy'

Defying the myth that easy access to film content online would mark an end to the tradition of people watching movies in theatres, Gautam Anand, Director, Content Partnerships, Google APAC, said that the two were different experiences and theatre would retain its audiences for a long time to come.

Speaking at a discussion titled ‘Director’s Cut: Film-making, Managing and Marketing in the Digital Era’, as part of the FICCI Media and Entertainment Business Conclave, he added that while film production companies initially used social media only to promote their films, now, there are now opportunities to monetise the content in terms of advertisements.

Actor Kamal Haasan, who was also part of the session, seconded Anand’s opinion. “Even if we have a pooja room at home, temples have always been crowded. People enjoy to be in a crowd,” he said. Kamal added that though he was hoping for extensive use of technology, a digital revolution, as he chose to call it, as early as 15 years ago, he was glad that such a situation had finally arrived.

Gautam said that making film content available online helped it attract new audiences. “Digital cinema can make up for it by getting new audiences from around the world. Having your content online means that millions of people can watch it and a video will definitely be viewed within 72 hours of uploading,” he explained.

Gautam added that there have been people who solely depend on YouTube for a livelihood.

Cinematographer Santosh Sivan said that digital technology has made filmmaking easy for everyone. While the digital era helps bigger productions, it also equally helps aspiring filmmakers to make a video using an average camera and upload it for audiences worldwide, he opined. The lensman also said that filmmakers here should market the uniqueness of Indian cinema. “We have our roots in folklore and our films still retain the format in the form of songs. We should market that to be saleable.”

The New Indian Exrpess |

Why Enthiran Rajini wore coolers?

If you thought director Shankar had visualised the Chiti character in Enthiran wearing shades to either make the robot Rajinikanth really cool or differentiate him from scientist Vasi played by the ‘Superstar’ again, you are wrong.

In fact, it was one of the three restrictions that VFX supervisor Srinivas Mohan imposed to make the film retain quality and stick to the budget. “It’s very tricky to animate the eyes, which means it’s time-consuming and would cost more. That’s why we made the robot Rajinikanth appear wearing coolers all the time. The other two restrictions were that his hair and attire should be static (the short hairstyle and thick leather coat of the the negative role played byRajini) and not have much movements,” he said at the workshop titled ‘Visual Effects Demonstration: Making of Enthiran’, as part of the FICCI-MEBC 2012.

Srinivas said executing the project within the budget was the biggest challenge. “The visual effects for Enthiran was planned to have been done at Rs 70 crore when it was supposed to be produced by Ayangaran International. Later, when Sun Pictures decided to produce the film, the budget was restricted to Rs 20 crore. So we had to skip some sequences and alter some, without losing out on quality,” he said.

Srinivas said he used different techniques in scanning, camera movement and motion control in the film and involved technologies like animatronics and motion capturing. “Director Shankar understood our demands, requirements and restrictions. Other directors should also realise how much is possible within the budget and what technology should be suitable to meet the requirements,” he said.

Srinivasan created a dynamic story board with rough movies figures to make everyone understand how the final output should be. Screening some of them at the workshop, he said, “It really helped us to be precise about what to do and we didn’t create any additional frame that was not used in the film,” he said.

Srinivas advised visual effects artists to be well prepared for challenges on location and said every minute details should be taken care of, in spite of other restrictions.

According to him, the Indian visual effects industry largely worked only for larger productions from Hollywood and he expressed his desire to get more projects from our filmmakers. “Chota Bheem and Hanuman are some our good products and the time should come soon when even a single frame of CG work should be of quality work,” he said.

The Hindu |

`Indian film industry is facing poverty of thought'

Film industry veterans Kamal Haasan and Priyadarshan on Monday said one of the biggest crises facing the Indian film industry at the turn of its centennial year was the “poverty of thought” that led to film-makers looking increasingly towards the West and its culture for ideas, rather than searching for meaningful scripts and stories from within.

Participating in a panel discussion on “100 years of Indian cinema – awaiting the next century” at the media and entertainment business conclave of the Federation of Indian Chambers of Commerce and Industry (FICCI), National Award-winning director Priyadarshan lamented the lack of original scripts and the pressure exerted by distribution networks to work on “formula films”. He said it was a global trend as even Hollywood reached out to space and beyond with science fiction movies, as they were unable to make relevant themes any more. Agreeing with Priyadarshan, Kamal Haasan said the trend was all due to a “small and vicious DVD circle”. “At some level, one does not just copy the ideas, but also entire segments, clothes and even their culture,” he said.

Digitisation deadline

The impending deadline to rollout cable TV operations entirely in digital format featured in one of the sessions on “Opportunities in digitised era”.

Senior executives from leading broadcasters and distribution networks – Narayan Rao from the NDTV Group, Rahul Johri from Discovery Networks, Krishnan Kutty from Star India and Ashok Mansukhani from MSO Alliance – agreed that the digitisation of the cable TV network would prove beneficial to the customer, even though they all doubted that Chennai would be ready to make the switch on November 1 from digital to analogue.

The biggest positive for the broadcasters in moving to the digital regime would be that there would no longer be any “carrier fee” to be paid to MSOs to get their channels featured in the prime band.

Since all channels will be distributed digitally, it will be up to the consumers to rate the channels based on importance. There would be a definitive cost advantage for consumers, contrary to the belief that premium channels would overcharge, they said.

One of the big fears among local cable TV operators leading to resistance for the digital regime is that they would be rendered ineffective in the level-playing field created.

The point was raised by Sashi Kumar, chairman, Asian College of Journalism, who moderated the session. “It is only fair that local cable TV operators who played an important role so far in helping spread the reach of satellite channels be included as stakeholders,” he said.

“It is a huge myth that digitisation will affect local cable TV operators,” Mr. Mansukhani said. “They can rest assured that they will continue to play a pivotal role.”

Business Line |

Anti-piracy measures need of the hour, says Kamal Haasan

Piracy continues to pose a huge threat to the film industry and stringent measures are needed at the earliest to check this menace, said Kamal Haasan, Chairman of the two-day Media and Entertainment Conclave organised here by FICCI.

South Indian film industry veterans say film production in the South still depends heavily on traditional techniques and resources. The industry has technically skilled personnel, but the production space lacks trained resources. Unlike other industries, film budgeting is a challenge here, said Sai Prasad, Director, Prasad Group.

The South Indian media and entertainment market is expected to grow to Rs 36,000 crore in the next four years from the current Rs 21,200 crore. According to a FICCI study, conducted by Deloitte — Promising signs ahead, the industry has been growing at over 13 per cent year on year, “and the positive milieu in the South is encouraging players to go beyond traditional boundaries and explore newer segments with fresh offerings”, said Sandip Biswas, Director, Deloitte Touche Tohmatsu India.

According to him, the increasing use of advanced visual effects in many upcoming big budget films is noteworthy. In the television space, it is the interest of broadcasters in airing an increasing number of reality shows across all regional channels. Even, news channels are working towards topical and local news to engage the viewer. The print industry, on the other hand, is increasingly leveraging new media to offer customised news and videos through online portal and mobile apps. The study says, with Rs 12,220-crore (58 per cent) business, TV industry is playing a major role. This is followed by the print medium with 29 per cent (Rs 6,265 crore) and the film industry with 11 per cent (Rs 2,340 crore). Radio is still in the budding stage with 2 per cent share.

The total TV advertisement revenue in South India is estimated at Rs 3,610 crore in 2012, and it is likely to grow by 16 per cent to Rs 6,540 crore in 2016. The total content revenue from television in the South is Rs 470 crore, in 2012, and it is expected to grow at 15 per cent to reach Rs 830 crore by 2016, added the study.

However, the industry experts said there are a lot of concerns too. The industry would have to tide over the current economic turbulence which is bound to affect advertisers’ spends on various media. Corporates are increasingly looking to adopt cost-effective means to promote and retain their market share. The attractiveness of digital marketing is on the rise. But, at the same time, the industry is yet to identify a sustainable monetisation model to cash in on the growth in that segment.

The Times of India |

Tamil cinema should learn from Hindi: Kamal Haasan

Day 1 of the Federation of Indian Chambers of Commerce and Industry's Media and Entertainment business conclave ended on a slightly surprising note with actor-director Kamal Haasan saying Tamil cinema had much to learn from Hindi when it came to acting.

"Acting in Hindi cinema has improved to the extent that we should envy it. Earlier, subtle nuances and emotions were the mainstay of Malayalam cinema. Suddenly, Hindi cinema has more sensible acting," he said at the closing session on '100 years of Indian Cinema: Awaiting the Next Century'.

Director Priyadarshan cut in to attribute this to the "fine theatre tradition in Hindi, Gujarati and Marathi that has given rise to a new wave of acting". He also touched upon the shortage of writers in the Indian film industry.

Haasan said, "We have killed Tamil theatre. It is copying cinema instead of the other way around. There is intelligent stand-up comedy but no fine acting. We need a regional school of drama like the National School of Drama."

Earlier in the day, actors, directors and producers from the Tamil, Telugu, Malayalam, Kannada and Hindi film industries gathered to talk about the progress Indian cinema had made since Marathi filmmaker Dadasaheb Phalke directed 'Raja Harishchandra' in 1913. Sessions included discussions on digital production, visual effects, audio technology, finance and taxation, and industry trends.

The two-day conclave was inaugurated by Kamal Haasan, Hollywood producer Barrie Osborne, Telugu film producer Suresh Babu, president of the South Indian Film Producers' Association C Kalyan, and director Ameer.

Haasan, who is also chairman of the conclave, acknowledged the efforts of the Federation of Indian Chambers of Commerce and Industry ( FICCI ) to bring policy changes in various segments of the media and entertainment industry. He highlighted its entertainment division's achievements, including the accordance of "industry status" to films.

The FICCI-Deloitte Knowledge Report pegged the south Indian entertainment industry at 21,190 crore. It said the market is expected to grow at 14% over the next four years to reach 36,005 crore.

Television leads this growth with a 58% market share, while print comes second with 29%. The film industry stands as the third largest contributor at 2,340 crore. Radio, which is at 365 crore, is expected to grow the fastest - 22% - over the next four years. The report said the media and market in TN is estimated at 7,620 crore. The south Indian film industry's total revenue was put at 2,340 crore, which is expected to hit 3,550 crore by 2016. Tamil Nadu leads in film revenues in the south with 1,030 crore, followed by Andhra Pradesh.

In the limelight all day was producer Barrie Osborne, whose portfolio includes 'The Lord of The Rings', 'Face/Off' and 'The Matrix'. He talked about Hollywood drawing from American classics for scripts. His latest 'The Great Gatsby', which features Amitabh Bachchan in a cameo, is the fourth time the book, written in the 1920s, is being adapted to film. "Great stories will always be contemporary," Osborne said.

The New Indian Express |

‘Digitisation puts choice in hands of consumer’

With the Indian television industry headed for uncharted territory of digitisation in a couple of weeks, the very nature of content on TV channels is set to change. This was what formed the basis of the panel discussion at the Media and Entertainment Business Conclave held by the federation of Indian Chambers of Commerce and Industry (FICCI) on Tuesday.

Panel speakers termed the coming changes a ‘tectonic shift’ in Indian television, and underlined the opportunities digitisation presents to broadcasters to move away from the overly advertising-based business model to a more subscription-oriented model.

Noting that digitisation will give the consumer the choice of exactly what he or she wants to watch and pay for only those services accordingly, the speakers said, the new regime would lead to more target-oriented programming.

“When you are operating in a Free-To-Air regime you are interested in grabbing eyeballs. So, you put out sensational content. When you come to a system where the viewer pays for what he or she wants, you will start seeing well-researched and targeted content becoming available,” said Rahul Johri, senior VP and GM of South Asia for Discovery Networks Asia-Pacific.

The speakers also widely agreed that while market dynamics dictate which channels survive and which ones don’t, the Indian viewers are capable of critically evaluating and making choices on what sort of content he or she wants to consume.

The New Indian Express |

South citadel of national cinema: Kamal Haasan

The south India media and entertainment industry, which has been valued at Rs 21,190 crores in the current financial year, is projected to be worth over Rs 36,000 crores by 2016 with the compound annual growth rate (CAGR) of 14 per cent, said actor Kamal Haasan. He was speaking after inaugurating the two-day media, entertainment and business conclave conducted by the Entertainment Division of Federation of Indian Chambers of Commerce and Industry on Tuesday.

Quoting the statistics from the FICCI-Deloitte Knowledge Report, which was also released on the occasion, Kamal said south Indian films have always occupied primer place in Indian cinema and added that about 70 per cent of films produced in India are from the south. “We have had stalwarts like S S Vasan, A V Meyyappa Chettiyar and Nagi Reddy and some of my friends and I strongly believe that national cinema resides here, in the south. It’s the statement of truth,” he said.

Highlighting that this year’s conclave would focus on celebrating 100 years of Indian Cinema, Kamal said though Indian cinema has journeyed through the different eras, embracing different technologies, it retained the core principle of entertaining people without infringing upon cultural and religious moralities.

Kamal, who is also the chairman of the conclave, said the conclave would discuss various opportunities available in the digitised era that filmmakers could make use of. He credited FICCI with getting the industry status for the film business a decade ago and other achievements like global system of measurement for TRP ratings. Barrie Osborne, Oscar-winning director-producer from Hollywood, Shri Uday K Varma, secretary, Ministry of Information and Broadcasting and P Murari, advisor to president, FICCI, were also present on the occasion.

The Hindu |

Conclave of stars

The Federation of Indian Chambers of Commerce and Industry’s annual Media & Entertainment Business Conclave (MEBC) is to be held on October 16 and 17 this year and will commemorate 100 years of Indian cinema. Over 600 delegates are expected to attend the event, including stars such as Kamal Haasan, Mammootty, Mohanlal, Dileep, Jayaram and Shobana.

Addressing a press conference in this regard, FICCI MEBC Chairman Kamal Haasan said that several workshops and master classes, including one on digital filmmaking with Red, would be held during the event.

New Indian Express |

FICCI to celebrate 100 years of Indian cinema

The fourth edition of the Media and Entertainment Business Conclave (MEBC) conducted by the Entertainment Division of the Federation of Indian Chambers of Commerce and Industry (FICCI) to be held on October 16 and 17 at Hotel Park Sheraton here will have a special session to celebrate 100 years of Indian Cinema. The event will be chaired by actor Kamal Haasan.

Apart from actors and filmmakers from all four south Indian film industries, Oscar-award winning producer of The Lord of the Rings Trilogy, Barrie Osborne, will also take part in the event. “He would guide filmmakers about how international films can be made here,” said Kamal Haasan, at an event to announce the details about the conclave. This is the third time that the conclave will be held here.

K Hariharan of L V Prasad Film and Television Academy said a montage of about 130 films will be screened at the conclave as a tribute to the greats who have made Indian cinema proud. “India is the only country where 90 per cent of the films shown are Indian films and only 10 per cent are foreign films. It’s something we should be proud of,” he said.

The two-day conclave will discuss setting up Skills Development Centres for base-level technicians like light men and others. “Film institutes produce technicians at a higher level like cinematographers, sound engineers and screen writers and there is no training available for the below-the-line workers. They learn the craft in the actual working conditions that gives rise to mistakes and accidents,” said Kamal Haasan.

The conclave will also have a screenplay writing workshop to be hosted by Hariharan and the participants would be introduced to software that aid screenplay writers. Experts like Singeetham Srinivasa Rao and Saurab Shukla will also deliver a talk at the workshop.

There will be a special session on digital production and world-renowned technicians will give a hands-on experience on Red Camera for participants.

Registration fees for the conclave is Rs 5,000 and it can be done at www.ficci-frames.com

livemint.com |

TAM data faces questions from radio operators

Television viewership monitor TAM Media Research Pvt. Ltd, which has been slapped with a lawsuit for more than $1 billion in damages by TV network New Delhi Television Ltd (NDTV) for allegedly fudging data, has also raised the ire of FM radio channels for the way it measures the audience for their programmes.

Unhappy with radio audience measurement (RAM) by TAM, at least three FM stations have stopped subscribing to its report in some of the markets where they broadcast, if not all, and a fourth is considering following suit.

Radio One Ltd, a joint venture between Next Mediaworks Ltd and BBC Worldwide; Entertainment Network India Ltd, which operates 32 stations under the Radio Mirchi brand; Music Broadcast Pvt. Ltd that has an FM presence in 20 cities as Radio City, are the three that have already cut off subscription to the TAM report. All three discontinued the service before NDTV sued TAM.

Reliance Broadcast Network Ltd, among the largest radio operators with 45 radio stations under the Big FM brand, is also considering withdrawing subscription to RAM.

The radio operators have alleged that TAM is using an inadequate sample size and have questioned the way it compiles the data.

“We have requested RAM many times to introduce transparency in its processes and audit systems. We also suggested setting up a panel that includes stakeholders to make the system transparent. But RAM has not taken any measures in this direction,” said Tarun Katial, chief executive of Reliance Broadcast Network.

NDTV has sued TAM Media and its parents The Nielsen Co. and Kantar (the market research arm of London-based advertising and public relations firm WPP Plc) in a New York court, for “manipulating television viewership data in favour of channels that were willing to offer bribes to its officials”, Mint reported on 2 August.

NDTV sought “compensatory and punitive damages” for causing financial loss and loss of reputation and brand value through the release of incorrect viewership data, according to the petition.

“Given the recent development, we have lost faith in the research and the reliability of the data,” said Prashant Panday, chief executive officer, Radio Mirchi. “When we found certain discrepancies in RAM data for Delhi, we stopped subscribing to the data in that market. We are considering withdrawing subscription in other markets (Mumbai, Kolkata and Bangalore) as well.”

Radio One also found RAM’s data statistically insignificant, because of the low sample size, and discontinued the service.

“We did not find satisfactory their explanation for various regular anomalies in their data. Also, the data could never correlate well with programming and marketing effort across stations and competing brands,” said Vineet Singh Hukmani, managing director at Radio One.

L.V. Krishnan, chief executive of TAM Media, dismissed criticism on the markets covered. “Of the 15 top radio markets that account for 80% of the total expenditure on advertising, we cover 14. While we offer weekly numbers for the top five markets, the remaining cities throw up data every six months,” he added. Krishnan also refuted allegations that marketing efforts and programming strategies do not reflect in listenership. “If you look at stimuli and listenership, it always matches,” he said.

Most executives want an electronic audience measurement system to be put in place, instead of the so-called diary method that’s currently used.

TAM Media Research launched RAM in 2007 under the diary method, in which consumers note the details of their radio listening habits. The Media Research Users Council (MRUC) also offers radio listenership data under the Indian Readership Survey (IRS). MRUC data is based on the “day-after-recall” procedure and has been under fire for showing a constant decline in radio listenership.

Currently, RAM offers weekly ratings and the market shares of radio stations in the five metros—Delhi, Mumbai, Kolkata, Bangalore and Chennai. In addition, it provides data for nine more cities every six months. These cities were added in 2011.

Executives at radio stations say that data are not reflective of the actual radio listenership.

“We undertake research internally and have observed that radio consumption is growing in some markets. But this has not been reflected in RAM data. Besides, the diary system used by RAM does not work for the Indian market, the methodology needs to undergo change,” said Nisha Narayanan, senior vice-president, projects and programming at RED FM, co-promoted by Hyderabad-based Arjun Rao and Sun TV Network Ltd.

Krishnan of TAM Media said the diary method was still popular in developed markets such as the UK and Australia. “Even some markets in the US employ the diary system,” he said.

The electronic system comes at a price. “At the current stage of maturity of the radio industry in India, the cost of measurement versus the return on investment does not justify the minute-by-minute consumption data that the electronic meters offer,” he said.

There has been consistent growth in radio audiences and “we may go electronic in 2013 depending on the requirements of the sector”, he said.

According to RAM, the average weekly cumulative reach of radio has grown in Delhi and Mumbai. For instance, the weekly reach of radio in Delhi more than doubled from around 6.35 million in 2008 to around 14.85 million in 2012. In Mumbai, radio’s reach grew from around 7.11 million to around 10.47 million over the same period.

Krishnan said since radio’s reach in Mumbai, Delhi, Kolkata and Chennai was more or less equal to that of TV’s in these cities, it made for a sound media vehicle for advertisers.

Harshad Jain, business head at Fever 104 FM, owned by Mint’s publisher HT Media Ltd, speaks for RAM, which he calls “the only syndicated and focused study on radio”.

“RAM’s weekly study gives out time spent, show-wise listenership and so on in detail; it follows the global mechanism, unlike Indian Listenership Track (ILT) that gives out data based on ‘day-after-recall’,” said Jain.

The estimated size of the radio industry is around Rs.1,400 crore in annual advertising revenue.

According to a 2012 report on the media and entertainment industry by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG, the radio industry is estimated to grow at a compounded annual growth rate of 16% until the phase-III expansion of FM radio begins in 2013.

Growth is expected to accelerate to 22% post-phase-III.

Business Standard |

Media honchos join private equity firms or start venture funds

As investor interest in a buoyant media and entertainment space is surging, high-profile media honchos are now looking to join media-focused private equity firms or start their owns venture funds by investing and providing operational advice to start-ups.

Today, Haresh Chawla, a former Network18 CEO who was responsible for the group’s growth, joined as partner in India Value Fund Advisors (IVFA). There, he will be responsible for leading IVFA’s media and entertainment investments, and will also be scaling up the businesses owned by IVFA across other sectors. The 1999-established IVFA has in the past done investments of $1.3 billion across various companies, including Radio City and Shringar Films and DQ Entertainment.

Other corporate honchos, too, have made such switches. Rajesh Kamat quit as COO of Viacom 18 and CEO of Colors to join Chernin Group’s CA Media as India CEO. Prior to that, he worked with production house Endemol. More recently Shravan Shroff, promoter of Fame Cinemas, sold his stake to INOX, and started accelerator VentureNursery along with Ravi Kiran, former CEO and managing director of Starcom Mediavest. Both Shroff and Kiran have invested in the accelerator which will mentor start-ups before they go for angel funding. Initially, it will focus on six sectors: media & entertainment, retail, e-commerce, consumer technology, education and cleantech.

IVFA’s Chawla explains the reason behind the trend. “ For over two decades, I have been in an operational role in various companies handling everyday issues,” he recalls. “Depending on the level of experience, rather than just a leadership role in companies, one looks at better avenues where we can value-add and advise in various businesses across the chain.”

In the past, Mohit Mehra of UTV joined Cinema Capital Venture Fund, while Sunaman Sood co-founded Acendo Capital Advisors. Sood was earlier part of the corporate strategy & business development team with STAR India.

Top executives who have changed ship say they did so because gaining the number one position prompts one to look for new challenges. Experts say that the talent pool of executives who understand various aspects of the game is limited, as the media industry is not too old. “The media landscape is changing tremendously,” notes a former CEO of a leading channel. “A recent surge in various delivery and distribution platforms has given birth to various innovative start-ups. Several players are looking to invest with content and technology.”

Even globally, Peter A Chernin, Rupert Murdoch’s long-time top lieutenant, quit News Corporation and formed CA Media (a fund Rajesh Kamat heads in India). To begin with, the company is looking for investment opportunities in media and new-media technology in developing countries and in a traditional media world that is littered with distressed properties. Michael Eisner, who worked with Walt Disney as CEO for two decades, is also planning to start his own production fund for films and television.

Jehil Thakkar, head of the media and entertainment practice at KPMG, notes “a lot of activity and growth” happening in this sector. “Private equity and venture capital players are closely looking at this for expertise, for investments,” he adds. “They also see these companies grow during times of cut-throat competition.”

The recent past has seen a spate of activity among private equity players, including the UK-based 3i, Blackstone, Warburg Pincus, Capital International, Providence Equity and Citigroup, taking a keen interest in media. The last one year has seen a frenzied spell of deals, with 42 transactions valued at $940 million, according to a FICCI-KPMG report. For instance, Providence Equity invested around Rs 260 crore in Ufo Moviez, while HSBC’s PE firm invested around Rs 150 crore in Avitel Post Studioz.

Despite the recent slowdown in the US and Europe, the long-term picture for entertainment and media in countries like India and China remains bright, say industry officials. According to a FICCI-KPMG report, the media and entertainment sector is expected to touch Rs 1,45,700 crore by 2016, with a compounded annual growth rate of 15 per cent.

The Financial Express |

Multiplex to multi-platform

The web of films is spreading and the way movies are being consumed is changing with multiple platforms. No longer are movies confined to the four walls of a multiplex or single-screen theatres. Going forward, while television becomes a stronger driver for movies with growing viewership and high repeat value, Internet and mobile screens are also gearing up for delivering movies to the cinema-crazy Indian audience in an aggressive way. Realising its latent potential, broadcasters like Star and Zee, online players like Yahoo India and YouTube and mobile firms like Airtel, Vodafone, Idea and value-added services providers are keen to monetise on films on all delivery platforms.

In all this, film producers are the real winner, having the power to not only make money through a theatrical release, but also on the sale of satellite rights, Internet rights and mobile rights. For broadcasters, Internet and mobile phone mediums are emerging as additional source of revenue on otherwise costly film acquisitions. On television, Bollywood films continue to perform robustly, driving revenues and delivering return of investments for both broadcasters and advertisers.

Movies on telly screen

Television channels have shelled out an average of R30-35 crore for acquiring the satellite rights for movies like Don-2, Agneepath, Krish-3, Dhoom-3 and others recently. However, the Internet rights are still much lower at a few crores for a blockbuster or a few lakhs for average films.

The Hindi general entertainment channels have led among the genres with a 27.4% share of viewership dominated by fiction and movies last year. Hindi movies broadcast on television cornered a genre share of 12% in 2011, almost double compared to previous two years despite the growing movie acquisition cost. This is because movies on television are generating over R800 crore annually for channels, almost double in last five years.

Industry data indicates movie acquisition cost has seen a rapid rise, growing at rates of 30-35% per annum over the past three years. This has been captured by shortening theatrical window and the growing demand for movies among broadcasters. The ability to recover the cost of such acquisitions is dependent on the spot rates. With sticky television viewers, advertisers are keen to buy spots and sponsorships for blockbusters like Singham, Bodyguard, Don-2 and Ra.One, among others. Bodyguard’s premiere on Star Gold generated ratings of 10.3 while Singham generated 8.8, much higher than say a high-drama IPL match or any other soaps.

“Cost of acquisition is high because of shortage of quality content. It is that simple. For every movie that is sold to a broadcaster, there are four movies that remain unsold. But we acquire movies for 7-11 years and that is the time it takes to recover the investments and generate profits,” says Hemal Jhaveri, general manager, Star Gold.

The importance of movies for a broadcaster has gone beyond advertisement revenue generation. In a fiercely competitive market, movie premieres are now considered essential to brand building and sustaining eyeballs for the channel. A key trend emerging in 2011 was the premiere of big movies on the movie channels of the broadcasters rather than the flagship GEC. Star network was the first to start the trend in order to establish Star Gold as a leading movie channel in the genre.

Star Gold premiered blockbusters like Singham, Ra.One and Zindagi Na Milegi Dobara during 2011 and continued with Rockstar in 2012. Zee and Sony have also experimented with the strategy, premiering relatively smaller hits like Double Dhamaal and Shaitan on Zee, and Mujhse Fraandship Karoge on Set Max.

Experts say not only are Hindi movies gaining prominence on television, the English movie genre is also growing rapidly. According to a FICCI-KPMG report on media and entertainment, the launch of Movies Now in high definition and surround sound two years ago helped increase the gross rating points of the entire English movies genre by 48%. As a result it is now closely competing with Star Movies for the leadership position. Key players in this space include Star, Sony Pix and HBO and Movies Now.

Selling of broadcast rights offers producers the opportunity of early liquidity, since broadcast rights are often sold before the movie is made, or sometimes even at the concept stage. For instance, Star has reportedly bought satellite rights for yet to be shot Dabangg-2 at R50 crore. Movie broadcast rights have largely moved away from syndicated deals, back to exclusive deals. Further, the contract duration has risen from five years to around seven years.

Movies on Internet

YouTube and Yahoo India have a dedicated movies corner on the web, attracting half-million users every week. Even The Times Group plans to launch BoxTV.com, a service that is expected to enable viewers to watch the latest movies and TV shows online. The group aims to target new-age consumers, and is in the process of introducing new products across the news and entertainment categories.

Intel has partnered YouTube BoxOffice, a destination for existing and new movies every month. The channel is available for free and there is no restriction on the number of movies you can watch. Users choose from a collection of over 1,500 titles.

Yahoo recently launched an online movieplex that hosts full movies and shorter movie based content. The challenge that portals currently face is the ability to adequately monetise the content.

Experts say the Indian Internet audience is currently spending over 9.1 billion minutes watching online videos each month, with entertainment as the leading category in online video content consumption, ahead of news and sports content. A recent study suggests over 40 million unique users from India watched online videos, including movies, in January alone, a good 25% jump in a 12-month period. “An average user consumes over 60 videos, including full-length films in a month in India. The leading destinations are YouTube, Yahoo, Network18 websites with entertainment and movies topping the charts. Movies on established online websites will be the next big thing,” says a senior media analyst.

Seconding it is Heman Jhaveri of Star Gold. “We also will be going online soon where consumers would be able to watch blockbusters at their leisure. Online will be big in future,” he says.

Movies on Phones

Smartphones, tablets and now even smart television sets provide interactive applications to users, which enable cutting edge services like live streaming through the Internet. Gaming consoles today are more powerful than yesterday’s mainframes. Users can now rent movies on demand with the click of a button. Movies, television shows and even songs become popular on social media platforms before they hit mainstream media. With such disruption brought about by technology, content owners and publishers should understand these technologies in order to assess their impact on business and take an informed stance on their use.

Business Line |

MSM plans niche channels for more distribution revenue

MSM (Multi Screen Media), the owner of channels such as Sony and Set Max, is planning to enter the genre of niche channels to increase its share of distribution revenues.

Speaking to Business Line, Mr N.P Singh, COO, MSM, said “We are now aggressively looking for opportunities in niche channels as it will work in a digitalised environment where there will be transparency leading to distribution revenues.”

Exploring genres such as education, travel, lifestyle and food, MSM would be adding more channels on some of these themes as part of its niche offerings. “Getting content for niche channels is not going to be a problem as there are enough production houses to source content from. The model for niche channels is based on distribution revenues and with digitalisation it will be easier for networks to enter this genre,” added Mr Singh.

Having tapped into music (Mix), regional and sports genre(Six) recently, MSM is already on the verge of completing its portfolio and niche channels will be part of it.

MSM has a history of acquiring channels in the regional space (it had acquired Aath, a Bengali channel) and more recently picked up a minority stake in MAA TV.

According to the latest FICCI Frames KPMG report, “With digitalisation, there will be more avenues for broadcasters to launch subscription driven, speciality channels in India. On the lines of international markets, niche channels are dedicated to cooking, gardening, gaming, automobiles, health or education may find flavour in India.”

With digitalisation it is also hoping that its revenue model will be equally balanced between advertising and subscription/distribution revenues. As Mr Singh says, “We expect a fair share of subscription revenues and in the next three years there is going to equal revenues generated between advertising and subscription.”

Currently almost 70 per cent revenues for the MSM network is generated from advertising.

Meanwhile MSM-promoted Set Max, the official Broadcaster for IPL is supposedly finding it tough to fill up its ad inventory during the IPL due to steep rates (estimated at Rs 5 lakhs for 10 seconds).

But MSM declares it is already making money from the iconic property. As Mr Singh says, “IPL is already profitable for MSM. We have already sold the ad inventory for the initial matches of the tournament and have held back in excess of 10 per cent of the balance matches as we expect to command a premium.”

Business Line |

Screen wars – Multiplex chains plan an invasion of South

South India, the last bastion of single screen theatres, may fall soon. An invading army of multiplex operators is looking to change the screen mix in the land of movie buffs.

A FICCI-KPMG report notes that unlike the rest of India, south Indian market continues to be dominated by single screens. Mr. Abirami Ramanathan, President, Tamil Nadu Theatre Association, echoes this. He says, “At present there are practically no multiplexes in Kerala while Andhra Pradesh is slowly catching up.”

Chennai is the exception with 20 multiplexes in the city alone and another 5-6 nearing completion, he says.

But all that could change if you look at the plans of multiplex chains. Right from PVR to Cinepolis to Cinemax to Inox , everyone's looking to expand in the south.

PVR Cinemas plans to open 75 screens in Andhra Pradesh, Kerala, Karnataka and Tamil Nadu in the next one and half years. Cinepolis is opening 20-30 screens in the southern region by the end of this fiscal year, according to Mr Deepak Marda, Joint Managing Director, Cinepolis India.

Inox too is in the process of opening five screens in Madurai and a few more in Andhra Pradesh and Karnataka within the current financial year.

Cinemax is adding one multiplex in Bangalore by the end of this fiscal, one multiplex in Hyderabad in a month's time and another in Chennai in the next six months. Mr Sunil Punjabi, CEO, Cinemax India Ltd says, “Two years back, Southern markets would contribute to only 10 per cent of our revenue. Today it is 25 per cent, slated to grow to 35 per cent by next fiscal.”

Till now, the spread of multiplexes in the south had not happened as there were not enough malls. Mr. Ashesh Jani, Partner, Deloitte Haskins and Sells (Media), explains, “Mall builders so far had concentrated in northern and western India.”

But, as Mr. Pramod Arora, Group President, PVR points out, “Now, the southern market is opening up with several new mall developments and real estate opportunities for multiplexes to expand.”

The changing consumption pattern of cine goers down South is also fuelling the demand for multiplexes. Mr Jani points how the single screen format worked fine for the average movie goer in the south who watched the same regional content many times over. But now aspirations are changing – there are more Hollywood and Bollywood movies being watched.

Even as multiplex chains feel that next phase of growth may come from the south, analysts like Mr. Jehil Thakkar, Head of Media and Entertainment, KPMG, warn about regulatory challenges. “There is a price cap on ticket prices in Tamil Nadu and Andhra Pradesh. Additionally, the strong performance of regional cinema in single screen theatres has not incentivised the government to encourage multiplexes.”

According to a KPMG report, the industry is expected to double the multiplex screens over the next five years, taking the total tally to over 2,200 screens by 2016 to shorten the recovery cycle of cash flows and mitigate the risk of piracy.

Business Line |

Sony ventures south; picks 30% stake in MAA TV

Sony Pictures Television (SPT) will acquire 30 per cent stake in MAA Television Network, which has a bouquet of four Telugu channels.

On Monday, the two sides signed a Letter of Interest for stake sale, but said they are yet to decide on the value of the deal.

While the deal would give Sony a foothold in the southern TV market, for MAA it would help beef up its content line-up. According to sources, MAA TV plans to invest in acquiring more content for its channels.

“The alliance will provide strategic opportunities for both companies, as well as great viewing for television audiences in India,” said Mr Manjit Singh CEO MSM (SPT's India Operations). He however, refused to give details about the financial transactions.

Sources said the valuation of the company is still in process and may take a couple of months.

Mr Nimmagadda Prasad (a serial entrepreneur who sold Matrix Labs to Mylan), film actors Mr K Chiranjeevi, Mr Akkineni Nagarjuna and film producer Mr Allu Arvind are the four major promoters of MAA Television Network. They control the network with over 95 per cent of equity capital. They would hold about 70 per cent post stake sale.

The 10-year-old Telugu TV network has four channels — a general entertainment channel, music, movie and a youth channel. It had shut down a news channel a few years ago to focus on only entertainment. MAA has satellite telecast rights for about 700 films, majority of them Tollywood blockbusters.

According to TAM data, the company's flagship general entertainment channel (GEC) - MAA TV - commands 10 per cent share of the overall Telugu channels market.

Regional TV looking up

The deal also assumes significance considering the growing clout of regional channels. According to a recently released FICCI-KPMG report, regional channels account for approximately 33 per cent of the all-India television viewership.

Mr Timmy Kandhari, leader, entertainment & media practice at PwC India said, “The viewership for local language programme is growing which has led to a faster growth in regional advertising revenues.”

Business Line |

FM radio Phase 3 licences auction may be postponed again

The auctioning of new FM radio licences has hit another wrong frequency. The Information and Broadcasting Ministry sources say the Phase 3 auctions may now only begin by end of August.

For radio stations keen on tuning into newer towns, this comes as another setback to their expansion plans.

According to an I&B Ministry source, a new post of Joint Secretary is being created to handle digitisation and FM phase 3 licensing. “This has been agreed by the Department of Expenditure and is going to Cabinet for approval,” said the source.

Already, the FM radio expansion plan has run into many delays. The Union Cabinet had approved the proposal for granting new FM radio licences to private players in July 2011, and said the process would be completed before the end of this fiscal. Later, it got postponed to April 2012.

FM Stations

The repeated delay of the auction process has turned many radio players wary of the entire process.

Mr Harrish Bhatia, CEO, MY FM, says: “For the last six years, we have been waiting for Phase 3, while the Government has not moved an inch. I don't know where we are heading, there are far too many ambiguities.”

Radio One, a joint venture between Mid Day Multimedia and BBC Worldwide, had been hoping to expand into three more cities – Hyderabad, Chandigarh and either Allahabad or Kochi – through phase 3 auction.

Currently they are present in seven cities.

It was banking on increasing its ad revenue through expansions.

“Three per cent of total media advertising revenue comes from radio. The auction could mean taking this figure to 7-8 per cent,” said Mr Vineet Singh Hukmani, MD, Radio One.

92.7 Big FM, which is present across 45 cities, is another interested player.

“Whichever cities we missed in phase 2 will be targeted this time round. Ahmadabad, Pune, Jaipur and southern markets, is what we are eyeing,” said Mr Rabe T. Iyer, Business Head, 92.7 Big FM.

According to estimates put out by a FICCI-KPMG, Media and Entertainment report 2012, the radio industry is expected to grow at 16 per cent CAGR till Phase 3 stations start operations. Post Phase 3, the industry is expected to grow at a CAGR of 22 per cent.

Correspondingly, radio's share of media ad spends is expected to increase from around four per cent currently to five per cent in 2016.

The report puts the expected post bidding capital requirement of the industry at Rs 750-1,100 crore and pegs the Government earning from the auction at Rs 1,683 crore.

Once Phase 3 kicks in, FM services are expected to reach another 227 new cities, in addition to the present 86 cities.

Business Line |

7Seas Entertainment to launch games for Android phones

7Seas Entertainment Ltd, a game development and licensing company, will launch games compatible with Android phones. With the share of Android phones in the smartphone segment going up, the company sees growing demand for gaming content on these phones.

“We have launched 17 mobile games this financial year. But all of them are ready for java phones. We are now working on Android games,” Mr L. Maruti Sanker, Managing Director, 7Seas Entertainment, said.

The company expected revenues in 2011-12 to shoot up by 50-60 per cent largely due to introduction of mobile games and increased contribution from game licensing. It registered a turnover of Rs 8 crore last year. The mobile phones are also being sold on Nokia's Ovi AppStore.

The Hyderabad-based firm had so far developed over 500 games that are offered on its portal (www.onlinerealgames.com), social networking sites and through third party aggregators.

FICCI awards

Meanwhile, the company has bagged two FICCI-BAF (Best of Animation Frames) -2012 awards. Its online game ‘Killer Instinct' received the ‘Best Online Game' award, while ‘Alexia The Great' won an award under the ‘Best Mobile Game' category.

This year's FICCI edition received 400 entries in 14 categories from 13 countries. The company puts ‘Killer Instinct' on its gaming portal www.onlinerealgames.com, while ‘Alexia The Great', the mobile game, is being distributed globally through distributors, Mr Maruti Sanker said.

Business Line |

Movie buffs take a trip down memory lane

Prabhat Pandey can't just stop talking about his exhibits – the “japani joota” of Raj Kapoor in the 1955 film Shree 420 to the famous hat of Amitabh Bachchan in the 1977 blockbuster Amar, Akbar, Anthony. His Bollywood costumes stall at the FICCI Frames – 2012 showcases 21 costumes and props in all its glory over the Bollywood era through the decades in a stunning visual treat for movie fans of both yesteryears and today.

The costumes include Raj Kapoor's dress in the fim Mera Naam Joker, Rekha's glamorous Indian outfit from Geetanjali, Aamir Khan's mutiny soldier red coat and black pant costume in Mangal Pandey and Priyanka Chopra's vibrant blue costume from the movie Mujhse Shaadi Karogi.

The exhibits take the movie buffs on a nostalgic trip down the memory lane while providing a glimpse of changing fashion in Indian cinema. “The collection evokes many an emotional response from older fans while the younger generation fans more gawky eyed with the star costumes and often request me to let them touch the costumers worn by the stars to connect and bond with them. Most are happy posing with the costumes of their favourite stars,” said Pandey, who is also the general secretary of Western India Film Producers' Association.

His idea behind setting up this stall at the annual FICCI Frames event this year was to familiarise the young generation about the costumes adorned by the evergreen stars of the yesteryears.

“This is simply superb. I just came to know how the costume of Raj Kapoor saab in Shri 420 looked in colour,” said a visitor Anurag Kulkarni.

“We source these costumes by requesting production houses to temporarily lend them to us for exhibition purposes. Next year, we plan to make the exhibition even bigger by including more props such as swords or the whip used by Hema Malini to control her horse Dhanno in the movie Sholay,” added Pandey.

The Financial Express |

Entering the digital age

For the media and entertainment industry, 2011 was a bit of a mixed bag. On the one hand, it will be considered as the year in which digital transformation of the industry began to take hold, on the other, the economic downturn did impact revenues, with advertising growth somewhat muted in the second half of the year. But as the FICCI-KPMG Report on Media and Entertainment Industry 2012, released in Mumbai during FICCI FRAMES 2012 on Wednesday, revealed, the media and entertainment industry, which grew 12% in 2011 to R72,800 crore, is now better prepared for a financial meltdown, having seen a focus on managing costs, innovation and research since the recessionary pressures of late 2008 and 2009.

While television continues to be in the driver’s seat, representing around 45% of the entire M&E sector, growing to R32,900 crore in 2011 from R29,700 crore in 2010, the year saw important developments in terms of multiple films crossing the R100 crore-mark at the box office. The year 2011 also saw growing commitment from the cable industry to pursue digitisation as per the government’s mandate, regional markets defied recessionary trends in terms of growth of television and print, the government’s increased commitment towards phase 3 for radio and the growth of new media.

Excerpts from the FICCI-KPMG report on the top three sectors—TV, print and films—and the fast growing new media sector:

Television: Digital route to growth

Television is the largest medium for media delivery in India in terms of revenue, representing around 45% of the total media industry. The TV industry continues to have headroom for further growth as television penetration in India is still at approximately 60% of total households. India continues to be the third largest TV market after the US and China, with 146 million television households. Cable and satellite (C&S) penetration of television households is close to 80%, with DTH driving a significant part of the growth in the past 12 months. With the impending digitisation of all analog cable subscribers imminent, penetration level of digital households is expected to increase significantly. The TV industry is expected to grow at a CAGR of 17% over 2011-16, to reach R73,500 crore in 2016. The total number of TV channels in India went up to 623 in 2011, and many more channels are awaiting approval for broadcast. There has been a significant increase in demand for satellite bandwidth, with the introduction of HD channels, DTH expansion and new channel launches.

While there has been a significant increase in advertisement inventory, advertisement rates generally remained flat or declined in 2011, with advertisers cutting ad budgets due to the economic slowdown. However, with a large number of untapped advertisers who are currently using only the print platform, there is potential for further growth for TV.

The cable television industry in India is poised for one of its most significant developments in the last decade—a transformation to the Digital Addressable System (DAS) for television distribution. Cable operators in a DAS regime would be legally bound to transmit only digital signals. Subscribed channels can be received at the customer’s premises only through a set-top box equipped with a conditional access card, and a subscriber management system (SMS). In a nutshell, each user in the network would be uniquely identifiable to the service provider. Digital television is expected to provide the consumer access to a higher number of TV channels, customised tariffs, availability of broadband and other value-added-services, and enhanced user experience through better viewing quality and consumer service. While the transition towards digitisation is not expected to be entirely smooth, and there are bound to be implementation challenges, the overall indicators appear positive, and the industry believes that digitisation of cable networks across India is likely to be largely successful. In fact, there may be a delay of six to 12 months for complete digitisation across metros. As Ronnie Screwvala, MD, Walt Disney India puts it: “There is likely to be delay in digitisation due to practical difficulties… but the two big themes for 2012 and 2013 are digitisation of cable and broadband.”

Print: Consolidation; new frontiers

In the calendar year 2011, the R20,900 crore print industry grew by 8.4% from R19,300 crore in 2010, slightly lower than expectations. Even though the longterm growth story of Indian print industry remains promising, the sector was impacted due to the overall macro environment being depressed. The macroeconomic environment remained challenging and dampened advertisement spends. The print players continued to adopt a cautious and pragmatic approach, with primary focus on consolidating their position in core markets. The growth in advertisement revenues has been at a CAGR of 8.7%, whereas circulation revenues have displayed a CAGR of 3.7% between 2007 and 2011. The advertisement revenues continued to be the main source of revenue for the print industry, contributing 67% to the industry’s revenues.

The Indian print industry has to be looked at from two perspectives—the urban centres and the emerging centres of consumption. Thus far the metros and tier-I cities were the hub of economic action; however, the focus is now shifting to the next 40 cities which are experiencing rapid urbanisation and greater economic growth. Powered by strong consumerism, these centres have been insulated to a large extent from the impact of global slowdown. The playing field in both these markets is quite different.

The urban centres observe high levels of media penetration, faster adoption of technology, deeper penetration of Internet and mobile and a rapid change in consumer behaviour and media consumption patterns.

On the other hand, the tier-II and tier-III markets continue to be attractive due to increased affluence and a consumerist outlook. The industry is beginning to treat the urban consumer on a par with the global citizen and developing content and delivery platforms which are in tune with the changing times. On the other hand, the industry will have to connect with the consumer in emerging consumption centres by establishing strong relationships through local language content, quality service, innovative business models and bringing comfort of familiarity. The rate of ad-spend growth in smaller cities has accelerated and overtaken the traditional markets.

Films: Scripting a turnaround

The Indian film industry has recovered from a two-year slowdown in 2011, and was estimated to be of a size of R9,300 crore in 2011, indicating a growth of 11.5% over 2010. With the cricket World Cup and IPL taking away four months in the first half of 2011, there were only about 40 available weekends for film releases. Bodyguard, Singham, Ready, Ra.One and Don 2 breached the R100-crore mark in domestic theatrical collections. The industry took just one year to more than double the count of films in this elite club of high revenue generating Hindi cinema. A steady increase in average ticket price on account of the growing multiplex culture, increasing content with mass connect, star power and digitisation—facilitated countrywide releases, all contributed their part in this turnaround. In the year gone by, not only did A-list star cast films do well, but niche/focused content from independent film makers also gained widespread acceptance. Ragini MMS, Murder 2 and Tanu weds Manu performed well at the box office in 2011. Entertaining stories were appreciated across genres. Themes that were women oriented, such as No One Killed Jessica and The Dirty Picture, horror-based Haunted, urbane life-based Zindagi Na Milegi Dobara, Delhi Belly and romance-based Ladies v/s Ricky Bahl were all box office hits.

Cable and satellite revenues continue to account for a sizeable pre-release recovery of high budget Hindi films. C&S rates for Ra.One and Don 2 went past the record set by Three Idiots in 2009. Continuing the trend, Agneepath and under production Taalash garnered over R40 crore each in C&S revenue by end of 2011. Albeit on a much lower base, C&S revenues for regional cinema also strengthened during the year. Aggressive marketing and promotion tactics became commonplace in 2011.

While Ra.One had the longest and most elaborate marketing campaigns in the history of Indian cinema, even medium budget films spent increasingly higher amounts to get strong pre-launch visibility. Some of the other key themes of 2011 were increasing digitisation of theatres, widening acceptance of 3D exhibition, increasing multiplex footprint, rising trend of cinema advertising, imposition of service tax on film exhibition and a growing presence of Hollywood. Although film budgets have increased sharply over the years, the commercial success ratio of films has remained roughly the same at 15-17%. Spending more did not necessarily increase the likelihood of commercial success. Patiala House, Mausam and Game did not do as well as anticipated despite having star casts, supporting budgets and wide marketing.

New media: On the fast track

New media continued its growth trajectory in 2011, with estimated growth in advertising revenues in excess of 40% over last year. Coming in at approximately R1,540 crore revenue in 2011, digital adspend reached approximately 5% of total media and entertainment industry advertising revenue. This share is expected to continue to grow over the coming years, driven by significantly higher growth rates in online advertising spend compared to traditional media.

This is good news for the industry as it comes to terms with the impact of the Internet on its traditional business models and begins to evolve them for monetising its content in the digital world. The digital media ecosystem in India is evolving rapidly. Continued growth in Internet penetration and mobile device access is expected to drive consumption. This will further drive adoption by advertisers and developments in the payment ecosystem to facilitate better monetisation.

The overall M&E market in India is expected to grow at a compounded annual growth rate of 15 % per annum over the next five years, to reach R1,40,000 crore in 2016. The potential for increase in media penetration, growing importance of regional markets, increasing consumption in tier-II and III cities, impact of regulatory changes, more focused consumer research, innovation in content, marketing and delivery platforms to serve different niches, increasing device penetration like mobiles, tablets, PCs, etc, all point towards a very positive future for the industry, the report said.

Business Standard |

Media, entertainment growth predicted at 13%

The Indian media and entertainment (M&E) industry grew 12 per cent in 2011 to Rs 72,800 crore, says a report by KPMG, the global consultancy, and the Federation of Indian Chambers of Commerce and Industry.

This was backed by the strong consumption in Tier-2 and Tier-3 cities, continued growth of regional media and fast-increasing new media business.

The industry is estimated to achieve a growth rate of 13 per cent in 2012. The report suggests the rate of expansion will accelerate till 2016, by which time the business will be worth Rs 1,45,700 crore. That translates into a compounded average growth rate (CAGR) of 15 per cent over the five years.

“The industry landscape is undergoing a significant shift. Cable digitisation, the promise of wireless broadband, increasing DTH (direct-to-home television) penetration, digitisation of film distribution and growing internet use are all prompting strategic shifts in the way companies work. Traditional business models are evolving for the better, as a host of new opportunities emerge,” said Jehil Thakkar, head of M&E at KPMG.

The signs of overall economic slowdown seemed to have affected the industry with projections being 1.5 percent lower (Rs 1,000 crore) than the overall outlook for the industry projected by the last year’s report of FICCI-KPMG on the M&E sector. Even the advertising industry witnessed a two percentage point drop in 2011, clocking Rs 30,000 crore as opposed to the projected Rs 30,600 crore. However, in 2011, ad spends grew 13 per cent year-on-year to Rs 30,000 crore and accounted for 41 per cent of overall industry size.

While television continues to be the dominant medium, sectors such as animation and visual effects, digital advertising, and gaming will increase their share in the overall pie. Radio is expected to display a healthy growth rate after the advent of phase-3 reforms.

Print, while witnessing a decline in growth rate, will continue to be the second largest medium in the Indian M&E industry. Also, the film industry had reason to cheer with multiple movies crossing the Rs 100-crore mark in domestic theatrical collections and Rs 30-crore mark in C&S rights, the report said.

Revenue from TV advertising and subscription are expected to touch Rs 21,400 crore and Rs 41,600 crore, respectively, by 2016. Contrary to Western markets, the print media here is is expected to show a CAGR of nine per cent, to Rs 32,340 crore, mainly buoyed by growth in regional media.

Radio is expected to grow at 21 per cent yearly and the film industry to reach Rs 15,030 crore by 2015 from Rs 9,290 crore in 2011.

The music industry is expected to grow at a CAGR of 4.7 per cent, to reach Rs 1,820 crore, while the animation and gaming industry will grow at 17 per cent and 29 per cent, respectively.

Digital advertising will have the highest growth rate of 30 per cent, to reach Rs 5,700 crore in 2016 from Rs 1,540 crore in 2011, said the report.

Despite the growth, there could be various challenges which could see the emergence of new business models, with media companies being under pressure to change, innovate and re-examine their existing models to survive in the new environment, says the report.

Business Standard |

Discovery to launch kids channel

Discovery Networks International to launch a new kids channel in India in April. This channel will be launched for the first time in Asia. It will be available in English, Hindi and Tamil languages.

“Discovery Kids will offer children a fun and entertaining way to satisfy their natural curiosity with stimulating and imaginative programming,” said Mark Hollinger, president and chief executive officer, Discovery Networks International, on the sidelines of FICCI Frames.

He added India is definitely poised for growth in this market. “Thirty per cent of the population in this country is below the age of 14. In light of the massive digitisation drive in India, we believe viewers will express their demand for such distinct television networks. I cannot think of any other country more poised for the launch of such a remarkable network,” he added.

The company plans to roll out the channel in Indonesia and Philippines later in the year, he said. Discovery Networks' channels include its flagship Discovery, Animal Planet, TLC and Discovery Turbo. Recently, the network launched Tamil, Telugu and Bengali versions of the Discovery feed in India.

The company also expects a significant boost to subscription revenues from satellite television digitisation in India and expects the country to be its biggest satellite television market in the next few years, he added.

Digitisation of broadcast will make bandwidth usage more efficient, leading to wider choice for the viewers and newer opportunities for media companies. “Digitisation means viewers will be more discerning. I think programming with the best storytelling, compelling characters and stunning visuals will win out,” he said.

Business Standard |

Soon, a single-window clearance for foreign films to shoot in India

The ministry of information and broadcasting is planning to create a film commission, which will allow foreign studios a single window clearance to shoot films in India.

“So far, film-makers had to obtain multiple shooting permits for every location they use, something which dete-rred them from travelling around and spreading their economic benefits. Now there will be platform to provide single clearance, which cut through the bureaucracy,” said Uday Varma, secretary at the ministry of information and broadcasting during FICCI Frames.

Last month, the ministry signed an agreement with ministry of tourism to provide support for film tourism.

In the past few years, there has been sharp rise in international film-makers shooting films here in order to reach out to a rapidly-growing audience in an emerging economy. The number of requests from foreign crews for shooting films here shot up from 10 in 2009-10 to 28 in 2010-11.

At last count, 22 films, including big-ticket Holly-wood productions like the James Bond, Christopher Nolan’s Dark Night Rises (the next Batman movie), Ang Lee’s 3D fantasy film Life of Pi, Singularity and John Madden’s The Best Exotic Marigold Hotel, had been given permission to shoot here.

According to industry officials, the market size of Hollywood in India is about Rs 850-900 crore, which contributes 10-12 per cent of the overall box-office revenue.

Deccan Herald |

Chavan inaugurates largest global film convention

Maharashtra Chief Minister Prithviraj Chavanon Wednesday announced that Kolhapur in southern Maharashtra will be designated the first alternative centre for film shooting in the state while inaugurating FICCI FRAMES 2012, Asia’s largest global convention on film media and entertainment.

He added that entrepreneurs will be given financial assistance for shooting films at Kolhapur.

The three-day event provides a platform for industry experts, filmmakers, television producers and several media and entertainment professionals to discuss various industry-related issues.

Chavan said there has been a growing need to create alternative centres for film shooting in the state as the burgeoning Mumbai city poses several problems for film makers.

Also speaking at the function, Information and Broadcasting Secretary Uday K Varma said his ministry has proposed to set up a Film Commission to put in place a single window clearance for film shooting in India.

“This will replace the current requirement of multiple on-ground permissions and clearances which result in loss of potential revenues to film, tourism and ancillary sectors,” he said.

Metros go digital

Varma also said cable services will switch to digital mode in the major metros—Mumbai, Delhi, Kolkata and Chennai—as early as July this year and the whole country will complete the transition by the end of 2014.

“This will address a plethora of issues facing the television industry, such as addressability, carriage fees, audience measurement, consumer choice and so on,” Varma said while giving his Vision Statement at the event.

The government has addressed the issue comprehensively and Parliament has passed the law for mandatory digitisation of cable services in December 2011, he added.

The I&B Secretary said the decision of the government will have a long-term beneficial impact for all players in the chain, increasing transparency in the sharing of distribution revenues and helping improve the quality and variety of content.

Varma also termed the challenge of digitisation in India as a unique one, pointing out that the exercise will transform over 80 million Analogue TV homes into digital and would make cable the largest provider of digital content.

He asserted that all the stake holders, broadcasters, MSOs and cable operators have supported the government’s move.

Varma also announced that the Union Cabinet has approved 839 new FM radio stations in over 250 towns of the country and the process of e-auction has already been initiated.

Former US Senator and the Chairman/CEO of Motion Pictures Association of America Chris Dodd delivered the keynote speech at the event, which is in its 13th edition.

Financial Chronicle |

Film panel mooted to clear shootings

In order to give a boost to the entertainment industry, the government on Wednesday proposed to set up a film commission to put in place a single window clearance mechanism for film shooting in India, while an announcement was also made to create new centres for film shooting in the state for which entrepreneurs would be offered financial incentives. Both the union ministries of information & broadcasting and tourism and Maharashtra chief minister were speaking at the FICCI Frames 2012, a 3-day event that began Wednesday.

Uday K Varma, secretary, ministry of I&B, said the setting up of a film commission will allow film industry hassle free multiple on-ground permissions and clearances.

Speaking on increasing piracy in film industry, Varma said effective legal mechanism and creation of public awareness about effects of piracy on economy could help curb the piracy menace. “We therefore propose to carry out an all-encompassing multi-media campaign during the 12th Plan period involving all stakeholders from the film and music industries,” said Varma.

Prithviraj Chavan, Maharashtra CM, said the government will create the first new centre for film shooting in the state at Kolhapur where entrepreneurs would be provided with lots of financial incentives. “The Maharashtra government would protect any creative work within the framework of law and will not allow fascist elements to thwart creativity,” said Chavan. He also assured the film industry that concerns over policing on film locations, the high levels of entertainment tax and stamp duties was receiving close attention of the government.

Senator Chris Dodd, chairman, Motion Pictures Association of America, said, “Movies contributed about $640 million to the Indian economy annually. India is the biggest movie ticket market in the world, with 3.3 billion tickets sold every year. India’s movie industry is in transition towards becoming a $5 billion industry in the next two years.”

“Strong laws are necessary to stop content theft which hurts the movie industry. MPAA also appreciates the work that FICCI is doing in the area of intellectual property rights. I think it is also an important opportunity for the Indian government to move against online piracy,” Dodd said.

Business Line |

Discovery to launch children's channel

Come summer vacations and kids in India will have more entertainment options. Discovery Networks International, a unit of Discovery Communications, has announced the launch of a new network in India – Discovery Kids.

The channel will be launched in April and will be available in three Indian languages – English, Hindi and Tamil. This is significant as the kids entertainment genre in the regional space is fairly unexplored territory.

Making the announcement on the inaugural day of FICCI Frames, Mr Mark Hollinger, President and Chief Executive Officer, Discovery Networks International said, “Discovery Kids will offer Indian children the combination of learning and entertainment through stimulating and imaginative programming.”

Later, speaking to Business Line, Mr Hollinger described how Discovery Channel had grown from a single network to eight distinct networks with leadership across viewership, brand perception and HD technology.

“Going forward, the channel is also looking to enter the retail, merchandising and licensing space. We are exploring the opportunities in these sectors,” he said.

Mr Hollinger said he expects the country to be its biggest satellite television market in the next few years. “We have expanded our business in India reaching out to over 175 million households. India is one of our key priority markets and we will continue to invest here.”

Commenting on the impact of the digitisation drive, he said, “The fact that India is moving towards 100 per cent digitisation presents an opportunity for all of us. Digitisation of broadcast will make bandwidth usage more efficient, leading to wider choice for the viewers and newer opportunities for media companies.” Discovery currently gets a third of its revenues from international markets, he added.

On the outlook for the kids entertainment genre in regional channel space on television, Mr Jehil Thakkar, Head, Media and Entertainment Practice – KPMG, told Business Line that the genre remains a fairly unexplored space so far with broadcasters concentrating on the non-regional space only so far.

“So far broadcasters have gone for low-hanging fruit and explored the general entertainment genre for kids without getting into regional space. But I see this segment growing along with growth of mobile and online media helped by the fact that children are early adopters of technology and will contribute to a content transformation.”

The Financial Express |

Indian film makers bank on digital distribution to generate revenue

Aiming to tap the next phase of growth, Indian film makers are counting on digital distribution platforms to come up with viable business models to open more streams for revenue.

A panel of digital distribution platform owners and film makers who met at the FICCI Frames 2012 to discuss new revenue streams for films and internet agreed that new digital distribution platforms like internet and DTH contribute only 3-5% of a film’s revenue, but said that this can grow to nearly 10%, if the right platforms are created.

“Internet is small in terms of revenue contribution, but it has grown from 0.3% to 3% in the last four years,” said Jai Maroo, director, Shemaroo Entertainment at the FICCI Frames 2012. “I feel it has the potential to take over the home video segment, which contributed 10% of the revenues but has fallen sharply in recent years.”

Maroo said one of the hurdles that the internet has faced is the threat of piracy and producers are still vary of putting their movies on the internet.

“I feel internet is at a similar stage to where video cassettes were 15-20 years ago,” he said. “Piracy will continue to exist but there is also an opportunity to create a legitimate revenue stream.”

Film makers said the platform can help smaller films as the cost of distribution drops drastically on a digital platform. “As content owners we want to milk the cow to the last dollar,” said Fox Star’s chief executive officer Vijay Singh. “We are all waiting for new platforms to come up but they have to be secure. Bollywood will have to look at internet to improve cost.”

Siddharth Roy Kapur, chief executive of UTV Motion Pictures agreed. “Right now the revenues from internet seem miniscule but it has tremendous opportunities.”

New ideas on how to monetise each and every step of film making also emerged during the discussion. UTV Motion Pictures’ chief executive said a potential revenue stream is the public interest in every step of film making.

The Financial Express |

I&B ministry mulls single body for shooting nod

The Union ministries of information & broadcasting (I&B) and tourism have proposed to set up a Film Commission to provide a single window clearance for film shooting in India. Uday K Varma, secretary, ministry of I&B announced this at the inaugural session of FICCI Frames 2012, Asia’s largest media and entertainment convention which kicked off in Mumbai on Wednesday.

“We are considering a film commission to be able to provide single clearances,” said Varma. “This will replace the current requirement of multiple on-ground permissions, which results in a loss of revenues,”

Seeking permissions from multiple central and state authorities not only eats into the revenues of producers and film studios, but also gives rise to cases of bribery and black money.

The ministries of I&B and tourism have signed an MoU to work together to promote India as a global film shooting destination. Maharashtra CM Prithviraj Chavan announced the government was creating new centres for film shooting in the state.

The I&B ministry is also in the process of setting up a new body to better manage the International Film Festival of India. “After years of criticism of how the IFFI is conducted and carried out, we have decided to put it under a new management,” said I&B’s Varma.

Business Line |

Single-window clearance for film shooting soon

The Ministry of Information & Broadcasting (I&B) is planning to set up a Film Commission to put in place a single window clearance mechanism for film shooting in India.

The proposal seeks to replace the current requirement of multiple on-ground permissions and clearances that results in huge loss of potential revenues to the film, tourism and ancillary sectors. The Ministry of I&B and Ministry of Tourism signed an MoU to work together to promote India as a global film shooting destination, said Mr Uday K. Varma, Secretary, Ministry of I&B, at the inaugural session of the three-day FICCI Frames 2012.

Combat piracy

Mr Varma said that in order to combat piracy in the film industry, there is an urgent need to have an effective legal mechanism and creation of public awareness about the effects of piracy on the economy. “We, therefore, propose to carry out an all-encompassing multi-media campaign during the 12th Plan period involving all stakeholders from the film and music industries,” he said.

Earlier at the event, Mr Prithviraj Chavan, Chief Minister of Maharashtra, announced that the Government is coming up with a plan to set up a new film city in Kolhapur as an alternative film shooting location. To promote it, fiscal incentives would be offered to encourage shoots there, he added.

Digital transmission

The I&B Ministry has notified the dates mandating digital addressable transmission in phases, beginning with the four metros which will switch over to digital transmission on July 1. The entire country will go digital by December 31, 2014. “This will have a long term beneficial impact for all players, increase transparency in the sharing of distribution revenues and help improve both the quality and variety of content,” Mr Varma said.

He also announced the Government's proposal to set up a National Film Heritage Mission to archive India's celluloid history by undertaking frame-by-frame picture and sound restoration of over 2,500 films.

The STAR India CEO, Mr Uday Shankar, expressed concern at the industry's lack of preparedness to transform or find new business models for the digital media. He said digitisation has become a reality and the industry needs to respond to the challenge with a positive mindset. “Digitisation will create niche channels and promote decentralisation of content creation,” he added.

Senator Chris Dodd, Chairman, Motion Pictures Association of America, termed India as one of the largest entertainment markets. He said that the Hollywood Studios have understood the business potential and are increasingly collaborating with Indian production houses. He, however, cautioned about the perils of piracy and said strong laws are needed to curb content theft.

livemint.com |

We will make India the launch pad for Discovery Kids in Asia

A 20-year Discovery veteran Mark Hollinger serves as president and chief executive officer of Discovery Networks International. In this role, he oversees strategic development and daily operations for a division that distributes 26 entertainment brands in 45 languages in more than 200 countries and territories. Hollinger spoke at a press conference and later in an interview about launching Discovery Kids and exporting it to other parts of Asia. Hollinger was in Mumbai for the Federation of Indian Chambers of Commerce and Industry’s Frames 2012. Edited excerpts:

What is Discovery International’s reach in India and globally?

Discovery Network (that began in 1985) has over 1.5 billion total (global) subscribers. We have grown from a single network in the US to the No. 1 non-fiction media company in the world. Localization and customization are also critically important to us. What’s worked for us globally and in India are three key things—expertise, innovation and our ability to be nimble. We’ve always believed in investing in new technologies, creating best blue-chip content and long-lasting partnerships. Discovery invests more than a billion dollars a year in producing global and historic programmes such as Curiosity, viewed by 23 million viewers in India, which indicates high expectations from us. In India, we have grown from a single network to seven successful brands in lifestyle and high definition (HD). Our local customization strategy has been very successful as we broadcast in English, Hindi, Tamil, Bangla and Telugu.

Can you tell us about the launch of Discovery Kids in India?

Kids programming is an area that we’ve been passionate about for a long time. India will soon be the biggest cable and satellite market for us on a global basis and we believe in igniting the curiosity of the next generation. We first launched Discovery Kids in 1996, and it’s consistently the No.1 rated pay television channel in America and addresses both kids and adults.

In 2010, we relaunched Discovery Kids in the US as The Hub. With a significant population (30%) under 14 years of age, India is a great launch pad for Discovery Kids in the rest of Asia. After India, we have plans of launching the channel in Indonesia and the Philippines. The channel has content that stimulates young minds and satisfies curiosity, and there is nothing comparable in this market. Discovery Kids in Latin America is the No. 1 channel there in the daytime, which is really the prime time for kids. We hope for a similar reception in India. The channel will be launched in April 2012 in three languages—English, Hindi and Tamil.

What differentiates it from rival children channels?

It’s the depth of the product that we have to offer. Other content providers are focused on entertainment, while we are focused on education and learning. There is a lot of importance that Indian parents put in education for kids.

What percentage of your global revenue comes from India?

International markets account for one-third of our operating profit, of which India contributes a significant part. We don’t break it down on a regional level. India is one of the top five growth markets on a worldwide basis.

We have seen the Discovery brand accepted in the market. For India, we plan to launch more HD channels. We are also looking at more of a digital presence and be on more mobile platforms. We are looking to take the brand into retail, merchandising, licensing and DVDs, though we have no specific plans to announce at this point.

Will India see the entry of the Oprah Winfrey Network anytime soon, considering the popularity of the talk show host?

Well, we definitely hope to launch it sometime soon. We are constantly looking as to which of our US networks can be rolled out in India. We launched TLC recently. And Discovery Kids is another launch from us. We are not done yet.

Financial Chronicle |

Discovery Kids set to make foray into India

Discovery Networks Asia Pacific is all set to launch a new kids channel in India in April, Discovery Kids. Being launched for the first time in Asia, the channel will be available in English, Hindi and Tamil languages.

“Discovery Kids will offer Indian children the ideal combination of learning and entertainment. A unique network in the kids’ genre, Discovery Kids will offer children a fun and entertaining way to satisfy their natural curiosity with stimulating and imaginative programming,” said Mark Hollinger, president and CEO at Discovery Networks International.

“The network will ignite viewers’ imagination through its compelling and differentiated content. I cannot think of any other country more poised for the launch of such a remarkable network,” added Hollinger.

The company is looking to expand its business in India under the strong leadership of Rahul Johri on all counts: new channels, new language feeds, path breaking India productions, availability to over 175 million cumulative households, ad sales growth and innovations and high-decibel marketing, the company said. “India is one of our key priority markets and we will continue to invest here,” said Hollinger.

With the new channel, Discovery will be competing with the US entertainment giants like Walt Disney and Viacom, which have already established their presence in this segment in India.

It is also looking to partner with domestic players to feature its animated characters on their products.

According to a recent report by the FICCI and KPMG, India’s media and entertainment industry is set grow at an annual rate of 15 per cent to reach $28 billion in five years.

Business Standard |

Embracing the digital change is a big challenge: Karan Johar

The media & entertainment industry is at an interesting crossroads which will define the next phase of growth — commercially and creatively. According to a FICCI-KPMG report, the industry registered a growth of 12 per cent over 2010 to reach Rs 72,800 crore. For anyone involved in the business, it is a challenging time with a new generation of technology, professionals, distribution platforms and consumption patterns. Karan Johar, film producer, TV host and co-chairman of the FICCI Entertainment Committee, spoke to Varada Bhat on how the industry is gearing for 2012. Edited excerpts:

In 2011, the Indian M&E industry saw a big shift, with digital technologies and platforms used for distribution (across television, film, exhibitions, etc). What are the challenges you see?

The influence of digital will continue in all verticals of the media and entertainment space. One big challenge is to embrace and accept the change. The future is clearly multi-platform, online and tablets. Content consumption will happen through the digital route. As TV gets intelligent , the content for broadcast and digital rights will get closer. Trans-media is changing the standard for how motion pictures will be conceived and distributed.

In this year’s edition of FICCI Frames, the organisers have started with a new initiative, with FICCI Frames Market. How will this help the industry?

We have created the market as an umbrella, to bring about a focus to buying and selling activity. The idea is to create a platform for buyers and sellers to meet at Frames every year. As the industry is getting matured, we want to add the element of buying and selling within the domestic market and to open avenues for the international market. We go to international TV and film markets to sell our content to new global territories. We are providing a platform for content owners abroad to meet with Indian buyers and vice-versa.

India is emerging as an M&E hot spot for international players. We have seen studios having aggressive marketing plans and also seen a few movies collecting box office revenues at par with Bollywood movies. Do you see this as a major threat?

There is no threat. We see it as a positive development. This will help expand growth of the overall Indian film market. Over recent years, not only have the entire dynamics of the film business changed; the distribution and marketing of films has also changed. This trend has expanded growth in not only commercial films but regional small budget and Hollywood films.

How do you see the emergence of new revenue streams like pre-selling satellite rights, 3G,video streaming, etc? Do you see lesser dependence on the box office?

The revenue streams are visible in new platforms. I would say this is the best time to be in the media business. We have an ecosystem that allows us to feel and touch media and the audience. However, I feel the box office will continue to contribute to the bottom line of the returns of a film. The theatrical release of film will boost new audiences to engage in the emerging platforms.

In the past 12 months, we have seen major consolidation across the industry, like the UTV-Disney deal, Reliance-Network18 and STAR-Zee in the distribution sector. What’s your take on the trend for industry growth?

It is good that the much-talked about consolidation has begun. We will inevitably see more of it. The kind of valuation offered by Disney to UTV is encouraging. The consolidation re-emphasises the strength of the Indian market. It is a good sign, as many will look for greater value for the M&E sector.

What is your take on foreign direct investment in the media sector?

India has one of the most forward regulations with regard to FDI in the sector. We are more open than many countries. Leaving out the news business, in which we have got an FDI cap, every other business (TV, internet, films) has 100 per cent automatic entry to foreign companies. India has created perhaps one of the most liberal regimes in the world. We expect a level playing field when Indian media companies go global.

What are the expectations from the Budget for the M&E industry and film industry in particular?

We expect a push for digitisation and infrastructure status to the cable distribution sector. The GST (goods and services tax) rollout will be good for the entertainment sector. We don’t want to be burdened more with service tax. We already have an entertainment tax which is the highest in the world.


The Financial Express |

Media sector underperformed in 2011: FICCI-KPMG report

Signs of overall economic slowdown have affected the Media and Entertainment (M&E) industry too which clocked 12% growth in 2011 and touched R72,800 crore, says the latest FICCI-KPMG report. However, this is 1.5% lower (R1,000 crore) than the overall outlook for the industry projected by the last year’s report of FICCI-KPMG on the M&E sector.

The print industry grew by 8.3% (instead of projected 9.5%) from R19,300 crore in 2010 to R20,900 crore in 2011. This was less than the earlier projections made by FICCI-KPMG report last year. Similarly, The over-all television industry touched R32,900 crore in 2011 growing at 10.77%, much lower than the projections of reaching R34,100 crore made in 2011 report. Even the advertising industry witnessed a two percentage point dip in 2011 clocking only R30,000 crore as opposed to the projected R30,600 crore. Overall, the advertising revenues witnessed a growth of 13% in 2011 as against 17% in 2010, the report said. “While India is still expected to grow at a healthy pace, growth is projected to be lower than earlier expectations,” the latest FICCI-KPMG report said. Detailed report is expected to be released on Wednesday in Mumbai.

However, the performance of M&E sector in 2011 outshined its own performance of 2010 by one percentage point backed by strong consumption in tier II and III cities, and riding on the continued growth of regional media and fast-increasing new media business. Overall the industry is expected to register a CAGR of 15% to reach R1,45,700 crore by 2016.

Radio is expected to display a healthy growth rate after the advent of Phase 3. Print, while witnessing a decline in growth rate, will continue to be the second largest medium in the Indian M&E industry. Also, the film industry had reason to cheer with multiple movies crossing the R100 crore mark in domestic theatrical collections and R30 crore mark in C&S rights, the report said.

FICCI secretary general Rajiv Kumar says: “Key highlights are the rise in digital content consumption, launch of diverse content delivery platforms, strong consumption in Tier II and III cities, rising footprint of the players in the regional media, rapidly increasing new media business and regulatory shifts.” Jehil Thakkar, head of Media and Entertainment, KPMG says, “The M&E industry landscape is undergoing a significant shift. Cable digitisation, the promise of wireless broadband and rising DTH penetration are all prompting strategic shifts in the way companies work.”

Business Line |

Media & entertainment industry growth put at 12%

The Indian Media & Entertainment (M&E) industry registered a growth of 12 per cent in 2011 over 2010 and touched Rs 1,45,700 crore, according to a FICCI-KPMG report.

The growth trajectory is backed by strong consumption in Tier-2 and -3 cities, continued growth of regional media and fast increasing new media business. Overall the industry is expected to register an average annual growth of 15 per cent.

The report will be formally released at the inaugural session of FICCI Frames 2012 on March 14, 2012.

While television continues to be the dominant medium, sectors such as animation and VFX, digital advertising and gaming are fast increasing their share in the overall pie. Radio is expected to display a healthy growth rate after the advent of Phase 3.

Print, while witnessing a decline in growth rate, will still continue to be the second largest medium in the Indian M&E industry.

Also, the film industry had reason to cheer with multiple movies crossing the Rs 100-crore mark in domestic theatrical collections and Rs 30-crore mark in C&S rights, the report said.

Advertising spends across all media accounted for Rs 30,000 crore in 2011, contributing to 41 per cent of the overall M&E industry revenues. Advertising revenues witnessed a growth of 13 per cent in 2011 as against 17 per cent observed in 2010.

According to Mr Yash Chopra, Chairman, FICCI Entertainment Committee, “2011 was clearly the year where digital technologies began to deliver on their promise. Digital film distribution has helped wider film releases and helped control costs. In television, the digitization of cable will transform business models of all stakeholders and offer consumers more choice and convenience. Even as digital generates new opportunities, it also brings with it challenges that the industry must solve more urgently than anticipated.”

In terms of performance, 2011 proved to be a year with mixed results in terms of growth across different sub sectors. The traditional media businesses experienced a slow down compared to last year, especially in the second half of the year.

However, the new media segments such as Animation and VFX, online and gaming businesses witnessed phenomenal growth rates.

Mr Rajiv Kumar, Secretary-General, FICCI, said, “The key highlights are rise in digital content consumption, launch of diverse content delivery platforms, strong consumption in Tier-2 and -3 cities, rising footprint of the players in the regional media, rapidly increasing new media business and regulatory shifts.”

Business Line |

Media & entertainment industry growth put at 12%

The Indian Media & Entertainment (M&E) industry registered a growth of 12 per cent in 2011 over 2010 and touched Rs 1,45,700 crore, according to a FICCI-KPMG report.

The growth trajectory is backed by strong consumption in Tier-2 and -3 cities, continued growth of regional media and fast increasing new media business. Overall the industry is expected to register an average annual growth of 15 per cent.

The report will be formally released at the inaugural session of FICCI Frames 2012 on March 14, 2012.

While television continues to be the dominant medium, sectors such as animation and VFX, digital advertising and gaming are fast increasing their share in the overall pie. Radio is expected to display a healthy growth rate after the advent of Phase 3.

Print, while witnessing a decline in growth rate, will still continue to be the second largest medium in the Indian M&E industry.

Also, the film industry had reason to cheer with multiple movies crossing the Rs 100-crore mark in domestic theatrical collections and Rs 30-crore mark in C&S rights, the report said.

Advertising spends across all media accounted for Rs 30,000 crore in 2011, contributing to 41 per cent of the overall M&E industry revenues. Advertising revenues witnessed a growth of 13 per cent in 2011 as against 17 per cent observed in 2010.

According to Mr Yash Chopra, Chairman, FICCI Entertainment Committee, “2011 was clearly the year where digital technologies began to deliver on their promise. Digital film distribution has helped wider film releases and helped control costs. In television, the digitization of cable will transform business models of all stakeholders and offer consumers more choice and convenience. Even as digital generates new opportunities, it also brings with it challenges that the industry must solve more urgently than anticipated.”

In terms of performance, 2011 proved to be a year with mixed results in terms of growth across different sub sectors. The traditional media businesses experienced a slow down compared to last year, especially in the second half of the year.

However, the new media segments such as Animation and VFX, online and gaming businesses witnessed phenomenal growth rates.

Mr Rajiv Kumar, Secretary-General, FICCI, said, “The key highlights are rise in digital content consumption, launch of diverse content delivery platforms, strong consumption in Tier-2 and -3 cities, rising footprint of the players in the regional media, rapidly increasing new media business and regulatory shifts.”

Financial Chronicle |

M&E to touch Rs 1.4 lakh cr by ’16

Media and entertainment saw 12% growth in 2011 to reach Rs 72,800 crore

The Indian media & entertainment (M&E) industry saw a 12 per cent growth in 2011 over 2010 to reach Rs 72,800 crore, according to a Ficci-KPMG report, which will be formally released at the inaugural session of Ficci Frames 2012 on March 14. The industry is expected to register a compounded annualised growth rate (CAGR) of 15 per cent to touch Rs 1,45,700 crore by 2016.

The film industry too, had a reason to cheer as multiple movies crossed the Rs 100-crore mark in domestic theatrical collections and Rs 30-crore mark in cable and satellite TV (C&S) rights. The growth trajectory of the industry is backed by strong consumption in tier II and III cities, continued growth of regional media and fast increasing new media business, according to the report.

While television continues to be the dominant medium, sectors such as animation & VFX, digital advertising and gaming are fast increasing their share in the overall pie. Radio is expected to show a healthy growth rate after the advent of phase III of FM broadcasting. Print, while witnessing a decline in growth rate, will still continue to be the second-largest medium in the Indian M&E industry, said the report.

Advertising spends across all media accounted for Rs 30,000 crore in 2011, contributing 41 per cent of the overall M&E industry revenues. Advertising revenues witnessed a growth of 13 per cent in 2011 against 17 per cent observed in 2010.

“The key highlights this year are rise in digital content consumption, launch of diverse content delivery platforms, strong consumption in tier II and III cities, rising footprint of the players in the regional media, rapidly increasing new media business and regulatory shifts,” said Rajiv Kumar, secretary general at Ficci.

Filmmaker Yash Chopra, chairman of Ficci’s entertainment committee, said, “This year saw digital technologies delivering on their promise. Digital film distribution has helped wider film releases and has also helped in controlling costs. In television, the digitisation of cable will transform business models of all stakeholders and offer consumers more choice and convenience.”

Even as digital technologies generate new opportunities, it also brings with it challenges that the industry must solve more urgently than anticipated, Chopra added.

The year 2011 proved to be one with mixed results in terms of growth across different sub sectors. The traditional media businesses experienced a slowdown compared with last year, especially in the second half of the year. However, new media segments like animation and VFX, online and gaming businesses witnessed phenomenal growth rates.

Jehil Thakkar, head of media and entertainment at KPMG, said, “The M&E industry landscape is undergoing a significant shift. Cable digitisation, the promise of wireless broadband, increasing DTH penetration, digitisation of film distribution, growing internet use are all prompting strategic shifts in the way companies work. Traditional business models are evolving for the better with a host of new opportunities emerging.”

“M&E landscape is beginning to change with national cross media conglomerates emerging, and consolidation and deal making finally gaining pace,” said Rajesh Jain, head of markets at KPMG.

Digital technology continues to revolutionise media distribution, be it the rapid growth of DTH and the promise of digital cable, or increased digitisation of film exhibition, and has enabled wider and cost effective reach across diverse and regional markets, and the development of targeted media content, the report added.


Business Line |

Bengali art films are commercial too: FICCI report

Challenging the belief that art and experimental films are not meant to please the box office, the Bengali film industry is now ensuring commercial success with its impressive line-up of thought-provoking films, a report said.

The idea of non-commercial nature of art films is diminishing, paving the way for commercial revival of the industry, according to a study on the eastern media and entertainment sector by industry body FICCI.

Regaining lost glory

Contending that the Bengali film industry is on its way to regain lost glory, it said that in the last three-four years, the Bengali film industry has seen the emergence of ‘middle of the road' cinema, which is commercially viable yet thought-provoking.

This has resulted in movies that cater to all sections of the Bengali film audiences – the urban and those in the districts.

Consequently, from an average of 40-50 films in 2006, the industry today is producing close to 100 films a year, according to figures from the Central Board of Film Certification (CBFC).

Box office successes

The box office collections for Bengali films has started to reach figures as high as Rs 5-6 crore, which is a significant increase from the past half decade, the report said.

Films such as Baishe Shrabon, Autograph, Moner Manush, Abhohoman, Anuranan, The Japanese Wife and Shukno Lanka have walked the tightrope between box office and critical fame with dexterity.

“The Bengali film industry known for its rich past and contribution to the Indian film industry is on its revival path. We are seeing films with fresh storylines emerging commercially successful domestically,” veteran filmmaker Goutam Ghose was quoted in the report.

His film Moner Manush is estimated to have garnered revenues of Rs 1 crore from theatricals alone last year.

“Today I am proud to say that the Bengali film industry has really come of age. Good quality films with proper marketing garners as much attention as any big blockbuster Hindi or a Hollywood release,” said producer Mahendra Soni of Shree Venkatesh Films.

Predicting that Bengal, once regarded as the ‘mecca' of Indian films, will eventually be back with a bang, Suvojit Roy, CEO of Orion Entertainment said the palette is complete with films of different genres, catering to the needs of every common man.

“One can literally see that after a prolonged gap, so many cerebral brains across various creative disciplines have converged to create sheer magic,” he said.

Big-ticket productions

The entry of big producers such as Mahindra's Mumbai Mantra, Reliance Entertainment and Mukta Arts has injected the much-needed corporate finance to the industry.

The Bengali film industry, however, continues to grapple with challenges at the ground level due to issues of piracy and poor exhibition infrastructure that threatens the sustenance of this growth spurt.

Further, addressing areas such as a steady flow of Bengali content for the semi-urban and rural audience as well exploring overseas markets could prove to be beneficial for the continued growth of the industry, the report suggested.

Asking industry players to support single-screen theatres as they remain an important distribution platform for rural and semi-urban regions, the report pointed out that the number of single-screen theatres in West Bengal have dwindled to just 340 from close to 850 about 15 years ago.

Business Standard |

Increase sample size, suggests panel on TRP

The committee set up by the information and broadcasting (I&B) ministry to review the Television Rating Point (TRP) system, which evaluates the popularity of television programmes, has recommended increasing the sample size for viewership measurement from the present 8,000 homes to 30,000 in both rural and urban areas.

The committee, which submitted its report to Information and Broadcasting Minister Ambika Soni today, has taken a serious view of the small sample size used by the two existing rating agencies in India. It observed that rural areas have been left out from the current system of TRP measurement.

Amit Mitra, Federation of Indian Chambers of Commerce and Industry (FICCI) Secretary General, said, “Rural households are not covered at all under the present system, which immediately needs to be looked into.”

The committee recommended an increase in the sample size from 8,000 homes to 15,000 urban and rural households, over a period of two years and then to 30,000 over the next three years covering urban areas, rural areas and small towns besides Jammu and Kashmir and the North-East to provide a complete geographical coverage of the country.

To make the Broadcast Audience Research Corporation (BARC) more inclusive, the committee further recommended broadening the constitution of the board. The report said there should be a 12-member board in BARC, constituting seven members from broadcasters, including the Public Service Broadcasters, three members from advertisers and two members from advertising agencies, including Directorate of Advertising and Visual Publicity.

It has recommended constitution of a high-powered committee within BARC to guide BARC in the area of research, design and analysis.

Expressing concern over the lack of transparency in the methodology of conducting the TRP measurement, the committee said selection process of rating agency should be carried out in a credible, transparent and statistically robust manner, which should be subjected to financial and process audit.

There should be no cross-holding between the rating agencies and broadcasters, advertisers and the advertising agencies to avoid conflict of interest.

Soni assured, “This is a matter of great importance. The ministry will examine it in great detail.” Mitra said the recommendations of the high-powered committee would be binding on the BARC.

Asian Age |

TRP panel for increase of sample size

A committee constituted to review the Television Rating Point (TRP) system submitted its report to information and broadcasting minister Ambika Soni on Monday. It has recommended increasing the sample size from the present 8,000 homes to 30,000 in both rural and urban areas over the next three years.

The committee, headed by FICCI secretary general Amit Mitra, has expressed dissatisfaction with the current system of gauging popularity of TV programmes. “Rural Households are not covered at all in the present system of ratings,” stated FICCI secretary general Amit Mitra.

He stated that committee has recommended inclusion of small towns besides Jammu and Kashmir and the Northeast to provide a complete geographical coverage of the country.

The committee said selection process of rating agency should be carried out in a credible, transparent and statistically robust manner, which should be subjected to financial and process audit. The committee has also recommended broadening the constitution of the Broadcast Audience Research Corporation (BARC) to make it more inclusive and should have representation from broadcasters, advertisers and advertising agencies including.

Business Line |

Rural viewers may have a say in TV rating

Rural India, which accounts for more than half of the country's total television households, may soon be part of the television rating point (TRP) generation process. This could end up boosting the programme ratings of Doordarshan, which has the maximum terrestrial reach.

A panel set up by the Information and Broadcasting Ministry to look into the issue of television ratings has suggested inclusion of rural viewers in the sample size to gauge the popularity of TV shows.

Further, the panel headed by the FICCI Secretary-General, Mr Amit Mitra, has suggested increasing the sample size for TRP measurement from the present 8,000 to 50,000 urban and rural households in five years.

Taking a serious view of the small sample size used by the two existing rating agencies, Mr Mitra said, “Rural households which account for about 60 per cent of the television households are not covered at all.”

The panel has estimated the expansion cost of the TRP measurement system over a five-year period at around Rs 660 crore or 0.32 per cent of the total TV industry size in India.

Submitting the report to the Information and Broadcasting Minister Ms Ambika Soni, Mr Mitra suggested that the Government bring down the import duty of 50 per cent levied on the peoplemeter, a device used to measure television ratings.

Further, the industry should also look at indigenising the components of peoplemeters so that the cost of such devices could be reduced, he said.

The Economic Times |

Increase sample size to calculate TRPs, says expert panel

Firm's tracking television viewership in India will need to expand the number of households they monitor and broadcasters, media planners alongwith advertisers will have to fund operations of a new industry body to monitor viewership rating systems, an expert panel has said.

The committee, chaired by industry body FICCI secretary general Amit Mitra, said the sample size of households used by rating agencies should be increased almost four-fold to 30,000 within the next three years. At present rating agencies have a sample of just about 8,000 households which is too small to capture actual viewership in a vast country like India.

The committee further said the board of Broadcast Audience Research Council (BARC) should be expanded to include two media planners who book ad space for advertisers, besides seven members representing broadcasters and three representatives of advertisers.

Indian Broadcasters Federation (IBF) president and Star India CEO Uday Shankar said the expansion of sample size for assessing viewership is important. "The committee has suggested that there should be no cross holdings between rating agencies and other stakeholders which will make the television viewership rating process fair and unbiased," he said.

The group of experts was formed by the Information & Broadcasting ministry to review existing television viewership systems and suggest ways to improve it. The committee has also suggested self regulation and that the government should not be involved in the newly-formed industry body BARC that will eventually monitor television viewership ratings.

The committee has also recommended formation of a high-powered committee to guide BARC in the area of research, design and analysis. This committee should include technology experts, demographers, a sociologist and an economist.

The committee has said BARC should make changes to its existing board and appoint the proposed high-powered body by June.

The committee has estimated that the total cost of expanding the television viewership system over a period of five years will cost BARC about 660 crore. This is to be funded through contributions from broadcasters, advertisers and media planners, the committee said.

The Times of India |

I&B panel seeks fairer TRP evaluation system

Backing an independent self-regulatory body to assess television rating points (TRP), a committee set up by the I&B ministry has expressed concern over the current system of evaluation and recommended increasing sample size and switching to a more scientific approach for accurate data.

The committee has recommended an increase in the sample size from 8,000 homes to 15,000 urban and rural households, over a period of two years and then to 30,000 over the next three years covering urban areas, rural areas and small towns besides Jammu and Kashmir and the North East to provide a complete geographical coverage of the country. Rural homes are excluded by both rating agencies TAM and aMap at present.

The report was submitted to I&B minister Ambika Soni on Monday. "This is a matter of great importance. The ministry will examine it in great detail," she said. To judge the impact of these recommendations, sample this: the total size of the Indian media and entertainment industry is Rs 587 billion, of which TV comprises Rs 257 billion and contributes a 44% share of the entire M&E revenue. In the last five years, the TV industry has transformed itself with an outreach of 500 million TV viewers with 581 private channels.

Aiming to make the Broadcast Audience Research Corporation more inclusive, the committee led by FICCI secretary general Amit Mitra has recommended broadening the constitution of the board to make it more inclusive.

Expressing concern over the lack of transparency in the methodology of conducting the TRP measurement, the committee said the selection process of a rating agency should be carried out in a credible, transparent and statistically robust manner, which should be subjected to financial and process audit.

Hindustan Times |

Committee recommends overhauling of TRP rating

TRP ratings, on which the popularity of television programmes are currently being judged, are grossly inadequate, according to a report by a committee chaired by FICCI general secretary Dr Amit Mitra.

The committee was set up following concerns that the system of generation of Television Rating Points (TRPs) contained several loopholes - the foremost being the small size of sample television households and the complete exclusion of houses in rural India. It has suggested that the sample size should be doubled in next two years and increase it to 30,000 in a period of five years.

Since TRPs have major impact on the programming content of TV channels, issues of accountability, transparency and objectivity in the TRP system assumes significance because inadvertently false ratings could hurt not just broadcasters and advertisers but also viewers.

Union information and broadcasting Minister Ambika Soni said that the report would act as a roadmap for the ongoing review of the TRP system. "The committee has reviewed the TRP mechanism exhaustively and has looked at all the different parameters associated with the process. We will review the recommendations," Soni said. In India, TRPs are generated through two firms - TAM Media Research and Amap.

livemint.com |

TRP sample size should be increased: committee

A committee appointed by the information and broadcasting ministry to suggest ways to improve the audience measurement system for television programmes has suggested increasing the sample measured, reducing the frequency of releasing audience ratings, and the involvement of a body comprising advertisers, media companies, and ad agencies.

“We have accepted the recommendations and over the next couple of months, many suggestions will get implemented,” said Ambika Soni, minister for information and broadcasting.

The committee was created in May after the government said that the existing television rating point (TRP) system is flawed because of inadequate sample size, lacks transparency, and influences content on TV channels.

Television rating points, or TRPs, are a measure of the percentage of viewers watching a particular programme at a given point in time. Advertising worth around Rs.10,000 crore depends on these ratings that help advertisers pick the channels, and time slots to advertise. Advertisements are the primary source of revenue for television channels.

TRPs are also seen as a measure of what people like watching in terms of content. With 581 private satellite channels and 31 Doordarshan channels watched by 129 million television households in India, they are an indicator of what India likes to watch—and broadcast firms react to the ratings by launching more programmes in categories that enjoy high TRPs.

“Yes, content, to a large extent, is driven by TRPs. We need a much better system to study the ratings,” said Vinod Kapri, managing editor, India TV.

Television ratings in India are measured by two agencies, TAM Media Research Pvt. Ltd and Audience Measurement and Analytics Ltd (aMap), through 14,000-odd people meters; the committee has recommended increasing this number to 30,000 in the next five years. “Expanding the TRP system to include a better diversity of viewership will provide for a more efficient landscape,” said Atul Das, assistant vice-president, corporate brand development, Zee Entertainment Enterprises Ltd.

“TAM has already started work towards achieving the people meter sample size proposed by the committee,” said L.V. Krishnan, chief executive, TAM Media Research.

The committee has also recommended that the frequency of releasing TRP data should be restricted to once a week at first, and, subsequently to once a fortnight. “It doesn’t bode well for broadcasters when they’re creating content driven purely by weekly ratings. The attitude needs to change and it’s beneficial to announce ratings less frequently,” Sanjay Gupta, chief operating officer, Star India Pvt. Ltd, said in an earlier interview.

Among the other key recommendations, the committee has suggested involving the Broadcasting Audience Research Council (BARC) to create a transparent TRP system. An industry body of broadcasters, advertisers and advertising agencies, BARC was registered in July 2010 and will conduct and commission market research and oversee TV audience measurement systems in India. The committee has suggested BARC have 12 members culled from broadcast firms, advertisers, and ad agencies, including representatives from public service broadcasters and the Directorate of Advertising and Visual Publicity, a unit of the I&B ministry that manages the government’s advertising. “Apart from self-regulation, we need a body (BARC) to ensure healthy competition in the space of gathering analysis and understanding viewers choices,” said Soni.

The committee has suggested spending Rs.659 crore to increase the number of people meters to 50,000 in the next five years. “This money can be raised by the industry over time,” said Amit Mitra, secretary general of industry lobby FICCI who also heads the committee. The committee wants broadcasters, advertisers and advertising agencies to fund the expansion.

“While the current TRP system leaves a lot to be desired, I don’t think advertising agencies should pay a percentage of their annual turnover for installation of more people meters. Advertisers should but not advertising agencies,” said Mona Jain, chief operating officer of VivaKi Exchange, the media buying agency for Publicis Groupe SA.

Each people meter that TAM imports costs Rs. 150,000.

The Pioneer |

TRP system panel for including rural households in sample size

The much-criticised Television Rating Point (TRP) system has drawn severe flak from the Committee set up by the Information and Broadcasting Ministry to review it. It called for a near four-fold increase in the sample size ­ inclusive of the rural households that are left out at present; highlighted the conflict of interest with rating agencies, broadcasters and advertisers having cross-holdings; pointed out absence of transparency in TRP measurement methodology and decried the secrecy adopted by the rating agencies.

The FICCI secretary general Amit Mitra-headed Committee which submitted its report to I&B Minister Ambika Soni on Monday recommend ed increasing the sample size from the present 8,000 homes to 30,000 in both rural and urban areas in the next five years. In the first two years it called for an increase up to 15,000 urban and rural homes and in the subsequent three years to another 15,000 to take the total tally to 30,000. It also recommended inclusion of small towns, Jammu and Kashmir and North-East to provide a complete geographical coverage of the country. "Rural Households are not covered at all," Mitra said.

"This is a matter of great importance. The Ministry will examine it in great detail," Soni said.

Aiming to make the Broadcast Audience Research Corporation (BARC) more inclusive, the committee rec ommended a 12-member board with representation from broadcasters, advertisers, and advertising agencies including Public Service Broadcasters and a high-powered committee within BARC to guide it in the area of research, design and analysis.

Expressing concern over the lack of transparency in the methodology of conducting the TRP measurement, the committee said selection process of rating agency should be carried out in a credible, transparent and statistically robust manner, which should be subjected to financial and process audit. It also said there should be no cross-holding between the rating agencies and broadcasters, advertisers and the advertising agencies to avoid conflict of interest.

The total cost of expansion of TRP measurement system over five years would be around `660 crore which is approximately 0.32 per cent of the total TV industry size in India, the Committee said.

On the issue of dissent within the Prasar Bharati board following the appointment of I&B Ministry's Additional Secretary as acting CEO, Soni said the decision was taken by the public broadcaster's Board after the Law Ministry's clearance and the officials concerned may take recourse to the Central Administrative Tribunal or court.

Prasar Bharati chairperson Mrinal Pande also backed Soni saying the Board had every right to appoint any member or official as acting CEO.

The Tribune |

Film industry wary of double taxation

The Indian film industry will face a major threat to its survival if double taxation in the form of Goods and Service Tax (GST) and state-specific entertainment tax is imposed, the representatives of the film industry and Federation of Indian Chambers of Commerce and Industry (FICCI) said here.

“The central government has proposed to take entertainment tax out of GST’s purview. In that case, film industry will have to pay multiple taxes as it is already facing problems with VAT, stamp duty and service tax. This multiple-taxation will be a big blow to the industry,” eminent film maker and Chairman, FICCI entertainment committee, Yash Chopra said.

He was speaking at the two-day FICCI meet on the media and entertainment business conclave here to discuss the problems of the entertainment sector.

“The very future of the film industry appears bleak. If the proposed amendments are made into law, it will have a crippling effect. FIICI should take up our cause,” Yash Chopra, who heads Yash Raj Films, said.

The industry has been pitching for inclusion of entertainment tax into the GST regime to create a common tax rate in all states and also reduce the tax burden.

The Indian film industry was the only industry in the world that was being subjected to multiple taxes, said D Suresh Babu, a prominent Telugu film producer and MD of Suresh Productions.

He said multiple taxes would have a debilitating impact on the film industry, which was already facing resource crunch.

Amit Mitra, secretary-general, FICCI, said the industry should read the amendments carefully and understand the difficulties they would pose. He asked Chopra to take up the issue with the centre. Allu Arvind, MD, Geeta Arts, another film production company, said the Andhra Pradesh Government had imposed VAT (valued added tax) on processed film, adding to the industry's tax burden.

Renowned media baron and Chairman of Ramoji Group, Ch Ramoji Rao, said the entertainment tax structure in the country was flawed. “Taxes levied can at best be termed punitive. I fail to understand why our governments mete out step-motherly treatment to the film industry that offers entertainment to millions of people,” Rao said.

The conclave, focusing on the theme “regional is the new national”, is being attended by media and entertainment business companies along with government officials to discuss issues confronting the industry.

Business Line |

AP sets up film tourism cell

The Andhra Pradesh Government has set up a Film Tourism Cell under the Film Commission to extend hassle-free experience to filmmakers in the State, Mr Jayesh Ranjan, Principal Secretary (Tourism, Government of Andhra Pradesh), said.

Addressing valedictory of the two-day Media and Entertainment Business Conclave (MEBC) 2010 here on Thursday, Mr Ranjan said that the cell would act as a single window to promote film tourism in the State.

“It will obtain permissions from various Government departments without having producers to waste time on this. It will have a time-frame of two weeks to get permissions,” Mr Ranjan said.

The cell would also offer logistic support such as travel, lodging and catering services for film crew at any location in the State on actual cost basis, a FICCI press release said.

“The cell would offer a package of services for film units for permissions and other support. It might charge a nominal 5 per cent of the total package cost as consultation fee,” he said.

He said that the State had a rich variety of locations ideal for outdoor film shooting. Hyderabad offered production facilities in the form of animation studios, production and post-production facilities and dubbing labs.

The Hindu |

Let's get to business

Kunal Kohli knows his math. The film critic-turned-director-turned-producer ensured that his first production, Break ke Baad, made profits even before it released. "We made the film on a medium budget (around Rs. 15 crore) and spent another few crores promoting it. With music rights and satellite rights, we already have profits," he says, talking to us on the sidelines of the FICCI Media and Entertainment Business Conclave (MEBC) in Hyderabad.

He feels getting the math right is half the battle won for filmmakers. Kunal is a first-time participant at the MEBC and hopes that such summits would help the industry address key issues. "I hope we are able to throw light on issues such as taxation, piracy, finding funds for small movies and arresting loss of revenue to the music industry due to illegal downloads. The music industry also does not gain much revenue that is generated as a result of ringtone downloads," he says.

Moving back to his own films, Break ke Baad opened last Friday to mixed reviews, with some taking a liking to the 'new-age' relationship tale and others feeling that the second half gave in to a few cliches. "The second half showed Imran imagining that Deepika was in love with him while she was just treating him as a friend. Some people got the message while others didn't," says Kunal.

His first experience as a producer, he says, has been memorable. "When you have a saleable story and a star cast, it isn't tough to find finance." Is that why he played safe signing on stars such as Hrithik Roshan, Saif Ali Khan, Aamir Khan and Imran Khan in his films? "My stories needed that kind of stars. I've made different love stories with interesting on-screen couples. I do want to make alternative cinema on hard-hitting subjects too," he asserts.

As a producer, he worked hands on but interfered with the vision of his debut director Danish Aslam. "If I wanted to ghost direct the film, I would have rather not had Danish on board. When I was a director, I had no interference from Yash and Aditya Chopra. Once the initial discussions were over, I didn't interfere. When we were shooting in Mauritius, I didn't go to the sets often. The fact that I was in Mauritius was enough to make the team work hard. I went scuba diving instead."

His next film, a love story, will star Shahid Kapur. Meanwhile, he intends to produce a small budget, hard-hitting film.

Kunal was a film critic before he entered the industry with the intent of making a particular kind of cinema and vouched not to make certain errors that he saw of others. Has he lived up to his own expectations? "Sometimes I did and sometimes I fell short. But I was lucky to work with film-makers like Yash Chopra and Aditya Chopra and make films that I believed in," he signs off.

Business Standard |

Walt Disney lines up six regional movies

The Walt Disney Company (India) is lining up six regional movies across various genres for Indian screens. These movies were in various stages of development, said Swati Shetty, executive director (theatrical productions and acquisitions), Walt Disney Studios International Production (India).

“The new movies, being made in all Indian languages, including Hindi, Telugu and Tamil, are in various stages … script, development and talent-scouting,” she said.

Speaking to Business Standard on the sidelines of the Federation of Indian Chambers of Commerce & Industry’s (Ficci’s) Media and Entertainment Business Conclave 2010 here on Thursday, Shetty said Disney was looking at various genres.

“Storytelling is at the heart of Disney’s heritage and the new slate of releases will be of stories that will stay true to the Disney brand. You may see a slice-to-slice film like Do Dooni Chaar, fantasy or adventure or an out-and-out comedy,” she said, while declining to disclose any time frame for these releases.

Walt Disney released its first Hindi film, Neetu and Rishi Kapoor-starrer Do Dooni Chaar, this October. Zokkoman, a live-action adventure film starring Darsheel Safary (Taare Zameen Par fame) and Anupam Kher, is slated for release next year.

Times of India |

Film industry cries foul as govt plans to impose GST

Dark days are ahead for Bollywood and Tollywood what with a proposal by the Centre to impose goods and services tax (GST) on films that will cripple the industry.

"This is a very serious issue. If Parliament clears it, no filmmaker can end up making money," leading Bollywood producer Yash Chopra said even as other filmmakers nodded in agreement.

Chopra was speaking at the 'Media and Entertainment Business Conclave-Frames 2010' organised by FICCI in Hyderabad.

"The very future of the film industry appears to be bleak. The proposed amendments if made into law will have a crippling effect. Apex chambers of commerce like FICCI should take up the cause of the film industry," Yash Chopra said.

Tollywood producer Allu Aravind, while agreeing with Chopra, also pointed out additional problems. " Industrial Development Bank of India (IDBI) has suddenly stopped giving loans to corporate entities for making films. For the last few years, IDBI had been funding film production, but has now stopped it. This is because of the reneging of loans by some. Why should the entire industry be punished for this," he asked. He also spoke about how cumbersome the VAT was. He said VAT was to be paid even when the processed film was going out of the laboratory.

Media baron Ramoji Rao said that there was no doubt that the film industry was being given a 'step-motherly treatment' by the government. "The taxation system is punitive. Even the concessions that they give to some low budget films have riders," Rao said. However, he said he was an 'optimist' and saw a bright future for the industry and exuded confidence that it could survive provided it adapted to circumstances. He proposed that there should be 'smaller and smarter' cinema theatres in every locality to make cinema more accessible to people. "What is all the more important is that films should have the right content," he said.

Film producer D Suresh Babu spoke of taxation issues affecting the film industry.

The 'young turks' of the Telugu film industry, as they called themselves, said there was a bright future for the industry.

A panel comprising actors Sumanth, Allu Arjun, Vishnu Manchu, Laxmi Manchu and Tapasee said that while adoption of new technology would take the film industry places, what was more important was that actors and technicians should get trained before entering the film industry.

Business Line |

Double taxation will kill film industry: FICCI

The Federation of Indian Chambers of Commerce and Industry (FICCI) and the film industry have said double taxation in the form of Goods and Service Tax (GST) and State-specific taxes such as Entertainment Tax would kill the industry.

Kicking off a debate at the two-day FICCI meet on the media and entertainment business conclave that began here on Wednesday, Mr Yash Chopra, Chairman of Yash Raj Films, and FICCI's Entertainment Committee, said double taxation was going to pose a serious threat to the film industry. “We (the industry) need to read the amendments very keenly and sort them out. We have also made representations to the Government,” he said.

Echoing his views, Mr D. Suresh Babu, Managing Director of Suresh Productions, said no other industry was subjected to double taxation. Multiple taxes would have a debilitating impact on the film industry that already faced a resource crunch.

Mr Amit Mitra, Secretary-General, FICCI, said the industry should read the amendments carefully and understand the difficulties they would pose. He asked Mr Chopra to take up the issue with the Union Government. “FICCI would rally behind the industry to address this issue,” he said.

Mr Allu Arvind, Managing Director of Geeta Arts (a film production company), said the Andhra Pradesh Government had imposed VAT (valued added tax) on processed film, adding to the industry's tax burden.

Mr Ramoji Rao, Chairman of Ramoji group, said the entertainment tax structure in India was flawed. “Taxes levied can at best be termed punitive. I fail to understand why our Governments mete out step-motherly treatment to the film industry that offers entertainment to millions of people,” he said.

Print medium thrives

He said that he differed with sceptics that the days of the newspaper industry were numbered in view of the stiff competition it was facing from television and Internet. “This may be true with the West but the media scenario in India is completely different. Readers will seek more information and the demand for trustworthy news sources will remain in spite of the tremendous growth of the digital medium,” he said.

Mr Ramoji Rao said the film industry should go in for neighbourhood theatres, keeping in mind the competition from television channels and the huge increase in real-estate prices.

Indian Express |

Film industry seeks relief from double taxation

The Indian film industry, on Wednesday, pressed the need for removal of double taxation system prevailing in the sector. According to members of the Federation of Indian Chambers of Commerce and Industry (FICCI), the industry is currently paying both service and corporate tax.

“It’s a serious threat to the movie industry. We are already paying service tax and corporate tax. These are serious issues and I think, we all should sit together and sort them out. We have made representations to the government also,” Yash Chopra, movie producer and chairman, FICCI Entertainment Committee told mediapersons on the sidelines of a two-day event on ‘Media and Entertainment Business Conclave.’

Concurring with Chopra, D Suresh, a Telugu film producer and promoter, Ramanaidu Studios, said the Indian film industry was the only industry that was subjected to multiple taxes and urged the government to remove either Goods and Service Tax (GST) or Entertainment Tax imposed by individual state governments. Recently, the Union Ministry of Finance also assured that all taxes levied by the state governments would be subsumed. However, there was no clarity if the taxes levied by the municipal authorities or local bodies will be absorbed into the GST.

The industry has been pitching for the inclusion of the Entertainment tax into GST regime and thereby creating a common tax structure across all states. As a result, movie producers felt that the tax burden can be reduced to some extent.

“We are the only sector to be double taxed. We are already paying entertainment tax. No other product in the country has double taxation. Either you put GST and remove entertainment tax. This is not fair. Don’t make it multiple,” Suresh explained.

About 800 delegates are likely to participate in the event and discuss an action-plan to enhance quality and productivity within the industry.

The Financial Express |

Multiple tax system affecting industry growth: Filmmakers

The Indian entertainment industry has demanded abolition of the multiple taxation system for its survival and sustenance. There are several impositions such as like value-added tax, stamp duties, entertainment tax, etc. which is affecting across all sections in the industry.

Speaking during the inauguration of the FICCI-Frames 2010, Yash Chopra, well-known movie producer and chairman, FICCI entertainment committee, said the multiple taxation on the industry continues to be a serious threat. Amendments to the goods and services tax (GST) will have a possible adverse fallout on the industry. The amendments, he said, were of such a serious nature that they may not allow any filmmaker to make a film profitably. He urged industry stakeholders to seriously and expeditiously examine the steps needed to be taken to prevent the industry from a slide.

Ramoji Rao, chairman of Eenadu Group and a veteran in the film industry, said the government had been ignoring the repeated recommendations made by the industry. “Even the nominal concessions given to the low-budget films are diluted by riders of various kinds,’’ he said.

“The entertainment tax structure is flawed, and taxes levied can at best be termed as punitive. A filmmaker is a pitiable personality as he totters under the burden of several impositions line VAT, stamp duties and entertainment tax,’’ he added.

D Suresh, a prominent producer of Telugu films and promoter of Rama Naidu Studios, said the Indian film industry was the only industry was subjected to multiple taxes. He demanded the government remove either GST or entertainment tax being collected by the state governments. “The industry has been pitching for inclusion of the entertainment taxes into the GST regime to create a common tax rate in all states and also reduce the tax burden, on account of the input tax credit to be available in GST system,’’ he said.

Though, the finance ministry had assured the film industry that all the taxes levied by the state governments would be subsumed. However, there is no clarity if the taxes levied by the municipal authorities or local bodies will be absorbed in the GST. “We are the only product that is double taxed. We are already paying entertainment tax. No other product in the country will have double taxation. Either you put GST and remove entertainment tax. This is not fair. Don’t make it multiple,” Suresh said.

Business Line |

Double taxation will kill film industry: FICCI

The Federation of Indian Chambers of Commerce and Industry (FICCI) and the film industry have said double taxation in the form of Goods and Service Tax (GST) and State-specific taxes such as Entertainment Tax would kill the industry.

Kicking off a debate at the two-day FICCI meet on the media and entertainment business conclave that began here on Wednesday, Mr Yash Chopra, Chairman of Yash Raj Films, and FICCI's Entertainment Committee, said double taxation was going to pose a serious threat to the film industry. “We (the industry) need to read the amendments very keenly and sort them out. We have also made representations to the Government,” he said.

Echoing his views, Mr D. Suresh Babu, Managing Director of Suresh Productions, said no other industry was subjected to double taxation. Multiple taxes would have a debilitating impact on the film industry that already faced a resource crunch.

Mr Amit Mitra, Secretary-General, FICCI, said the industry should read the amendments carefully and understand the difficulties they would pose. He asked Mr Chopra to take up the issue with the Union Government. “FICCI would rally behind the industry to address this issue,” he said.

Mr Allu Arvind, Managing Director of Geeta Arts (a film production company), said the Andhra Pradesh Government had imposed VAT (valued added tax) on processed film, adding to the industry's tax burden.

Mr Ramoji Rao, Chairman of Ramoji group, said the entertainment tax structure in India was flawed. “Taxes levied can at best be termed punitive. I fail to understand why our Governments mete out step-motherly treatment to the film industry that offers entertainment to millions of people,” he said.

Print medium thrives

He said that he differed with sceptics that the days of the newspaper industry were numbered in view of the stiff competition it was facing from television and Internet. “This may be true with the West but the media scenario in India is completely different. Readers will seek more information and the demand for trustworthy news sources will remain in spite of the tremendous growth of the digital medium,” he said.

Mr Ramoji Rao said the film industry should go in for neighbourhood theatres, keeping in mind the competition from television channels and the huge increase in real-estate prices.

PBD |

Remove double taxation: Movie industry

Indian movie industry demands removal of double taxation system in the sector to sustain, said movie biggies here today.

According to Yash Chopra, ace movie producer and chairman, FICCI Entertainment Committee the multiple taxation on the industry is serious threat for the survival.

"It is a serious threat to the movie industry. We are already paying services tax. We are paying corporate tax. These are serious issues. I think we all should sit together and sort out. We made representations to the Government also," Yash Chopra told media persons on the sidelines of "media and Entertainment Business conclave" a two-day deliberation organised by the FICCI here.

D Suresh, a prominent producer of Telugu films and promoter of Ramanaidu studio said Indian film industry is the only industry that is subjected to multiple taxes. He demanded the Government remove either GST or entertainment tax being collected by the State Governments.

The industry has been pitching for inclusion of the entertainment taxes into the GST regime to create a common tax rate in all states and also reduce the tax burden, on account of the input tax credit to be available in GST system.

The Finance ministry had assured the film industry that all the taxes levied by the State Governments would be subsumed. However, there is no clarity if the taxes levied by the municipal authorities or local bodies will be absorbed in the GST.

"We are the only product that is double-taxed. We are already paying entertainment tax. No other product in the country will have double taxation. Either you put GST and remove entertainment tax. Don't make it multiple," Suresh said.

Earlier, Ramoji Rao, Chairman of Eenadu, in his key note address said advanced digital technology may one day make it possible for the film maker to directly release the digitised film content to theatres eliminating the risk of piracy.


Business Standard |

Walt Disney lines up six regional movies

The Walt Disney Company (India) is lining up six regional movies across various genres for Indian screens. These movies were in various stages of development, said Swati Shetty, executive director (theatrical productions and acquisitions), Walt Disney Studios International Production (India).

“The new movies, being made in all Indian languages, including Hindi, Telugu and Tamil, are in various stages … script, development and talent-scouting,” she said.

Speaking to Business Standard on the sidelines of the Federation of Indian Chambers of Commerce & Industry’s (FICCI’s) Media and Entertainment Business Conclave 2010 here on Thursday, Shetty said Disney was looking at various genres.

“Storytelling is at the heart of Disney’s heritage and the new slate of releases will be of stories that will stay true to the Disney brand. You may see a slice-to-slice film like Do Dooni Chaar, fantasy or adventure or an out-and-out comedy,” she said, while declining to disclose any time frame for these releases.

Walt Disney released its first Hindi film, Neetu and Rishi Kapoor-starrer Do Dooni Chaar, this October. Zokkoman, a live-action adventure film starring Darsheel Safary (Taare Zameen Par fame) and Anupam Kher, is slated for release next year.

Business Line |

Peepul Capital readies $400-m third fund

After raising two funds, Peepul Capital, a private equity with operations in Chennai and Hyderabad, is now ready with a third fund worth $400 million.

Mr Srini Raju, Managing Director of Peepul Capital, said the company raised $350 million for the third fund, while it had about $50 million that was not utilised.

Portfolio

Talking to reporters on the sidelines of FICCI's two-day media and entertainment business conclave being held here, he said the company had so far invested $350 million. Its portfolio included about 30 firms that included DQ Entertainment, TV9, Sify, IANS, Intelligroup, Univercell and MedPlus.

He said the company looked at technology-driven firms that offered better growth prospects. New media is one sector Peepul is interested in.

Asked whether the PE firm was going to invest in the film industry, Mr Raju said: “We are not convinced yet that it (the film industry) can deliver the numbers our shareholders expect.”

Refusing to answer a query on IPO plans for TV9, he said the company looks at an exit (from firms it has invested in) on an average of five years.

The period, however, could vary from four to eight years.

Replying to a query, the Managing Director said the media (television) industry was in for consolidation, as was witnessed in other industries.

“Take the example of IT. There used to be 150 midsized companies. But they were absorbed by large companies. There is still room for smaller firms, though,” he said.

Business Line |

FICCI, film industry rue stoppage of bank funding

The Federation of Indian Chamber of Commerce and Industry (FICCI) and the film industry have expressed dismay at IDBI Bank's decision to stop funding film projects, saying that this would force the industry to go back to the high-cost private lenders.

Mr Allu Arvind, Managing Director of Geetha Arts, that produced the Amir Khan-starrer Ghajini , said the bank had refused to fund its project though it never defaulted in its earlier six loans with the bank. “It (bank funding) helped us to cut costs by reducing the interest costs just to 15 per cent as against 36 per cent we used to pay to private lenders,” he said.

Mr Amit Mitra, Secretary General of FICCI, said the chamber would talk to the bank Chairman to sort it out. “We have become cautious in our film financing over the past one year or so due to the rising bad loans. We are not taking on fresh cases, but are merely focusing on arresting the losses in the existing portfolio,” Mr B. P. Batra, Executive Director and Group Head-Corporate Banking of IDBI Bank, told Business Line, responding to a query on the stoppage of funding to films.

“We have an exposure of about Rs 250-300 crore to the film industry. This is miniscule compared to total advances of over Rs 1.3 lakh crore,” he said.

Mr Batra observed that film producers were affected due to several reasons like the economic slowdown and strike by exhibitors. Another big reason was the change in the business model of the film industry. “Earlier theatre owners used to give guarantees to producers. This meant that any profit went to distributors. Banks used to recover their dues from these guarantees. But after the slowdown theatre owners became reluctant to give guarantees and started working only on commissions. So, producers would get paid only depending on the box office returns,” he pointed out.

This, in turn, had become a problem for banks in recovering dues from producers.

Mr Srini Raju, Managing Director of the private equity fund Peepul Capital, said the film industry could not attract PE funds as it failed to give assured returns of 25 per cent the PE firms generally looked for. Banks and financial institutions had started shying away from industries such as real-estate after slowdown.

Business Line |

A game-changing visit

The word is out. “Obama went out of his way to say the right things. He must like your country.” And “US supports India.” I say this on the basis of remarks made to me by two complete strangers, at the reception hosted by the Keidanren for the APEC CEO Summit.

The first remark was by an Australian, who tried to imply that not all was above board in Uncle Sam's wooing of India. The second comment that went unerringly and straight to the point was, expectedly, from a Chinese businessman of Thai nationality. They don't waste words! Such remarks were not heard in East or South-East Asia before this Presidential visit.

I suppose people waited for the Democratic administration to signal that the US was serious in its support for India and that the Bush administration's overt push for India was not another passing fancy of the US. With the both the Republicans and Democrats now demonstrating a high level of commitment towards “...India's rise, its economic prosperity, and its security”, even the pragmatic and historically attuned Asians have decided that Indo-US ties are not only fully repaired, but are also on a rising trend.

This must imply that the President Obama's visit to India has been a success. It has not only reassured India but also signalled to the rest of the world that the US and India have come together for the long haul, and not for a short-term liaison. This makes the visit a game-changing move in the global context.

Let us hope that a strong and improving Indo-US strategic partnership plays a role in the context of the evolving global economic and financial architecture as well as the emerging global geo-strategic equations.

MATURING OF TIES

Indo-US ties are not aimed at any other country; they are exclusively focused on fostering a win-win outcome for the two largest free markets, open and private-sector driven economies. Both President Obama and Prime Minister Manmohan Singh have been at pains to emphasise that India and the US are focused on charting the way forward for the fullest exploitation of complementarities that exist between the two economies.

This is evident in the joint communiqué issued at the end of the Presidential visit, which states that “...India and the United States, anchored in democracy and diversity, blessed with enormous enterprise and skill, and endowed with synergies drawn from India's rapid growth and US global economic leadership, have a natural partnership for enhancing mutual prosperity stimulating global economic recovery and growth.”.

But the joint communiqué also states that a stronger and growing US-India partnership has significant positive externalities for the rest of the world and “... that India-US strategic partnership is indispensable not only for their two countries but also for global stability and prosperity in the 21st century”.

It is also clear that the India's relationship with the US will neither follow the model of either a close alliance as in the case of US-Korea or US-Japan relations, nor that of sheer opportunism as in the case of Sino-US relations.

It will be more akin to the US-France relations where the two sides build a strong partnership that is based on mutual respect, appreciation of each other's enormous traditional heritage and social diversity, and allowing for different perceptions on issues of core interest within a cooperative and forward-looking bilateral framework. The US President's recent visit marks the beginning of a new phase in the relationship between the world's most populous and vibrant democracies. Yes, the bells did not ring and nor did the angels sing, but there are clear signs that the two parties are getting to know each other, and this maturing relationship could lead to a harmonious jugalbandi.

KEEP IT GOING

The naysayers on both sides must now rest their case in good grace, as none of their anticipated negative outcomes have come into being. The fears on the Indian side — of rampant US neo-imperialism, or of India being converted into a frontline state, or the apprehensions on the US side of a US-supported India becoming belligerent towards its neighbours have not been borne out.

Instead, a more confident India with some degrees of freedom vis-a-vis its adversaries has shown greater maturity in dealing with its neighbours, to the point of adopting asymmetrical responsibilities for promoting stability and prosperity in South Asia.

Let us hope that populist pressures do not prevail upon mainstream political parties in India, leading them to adopt an anti-US posture in the coming period. Thankfully, however, the people-to-people and business-to-business contacts between the US and India have maintained an even keel even when government-to-government relations have dipped, either due to personality clashes or different geo-strategic perceptions.

Our political class should recognise that attacking the US or running down Indo-US relations to gain short-term political advantage is a risky proposition, because India needs two to three decades of a benign external environment to pursue its top priority of rapid economic growth.

(The author is Director-General, FICCI)

The Hindu |

MEBC aims at uniting film industry

Film star Kamal Haasan announced here on Thursday that the Media & Entertainment Business Conclave (MEBC) to be held here on December 1 and 2 was part of an initiative aimed at uniting the film industry in the South with the rest of the States, in what was an indirect reference to Bollywood.

Addressing a press conference here in his capacity as Chairman of MEBC of the Federation of Indian Chambers of Commerce and Industry (FICCI), Mr. Haasan said it was the first step to making the international film fraternity to sit up and take notice of the Indian industry's quality. It would help the people concerned to work closely and enhance its potential, while offering them an opportunity to explore global linkages from a single platform.

“We cannot be tied down to colloquial, linguistic barriers and borders. First we need to go national and then international,” he stated. When laws and regulatory mechanisms were brought in by the government, they should be aimed at convergence of the different sectors in the industry and prove mutually beneficial. Several problems needed to be addressed, he said and in response to a question about piracy, he described it as “a global phenomenon”.

Sangeetha Reddy, chairperson, FICCI-AP said the entertainment industry in India that was estimated at Rs. 60,000 crore was registering a healthy growth of 18 per cent till the recession brought it down to 14 per cent. Things of late, though, were picking up and it was being looked at as a sunrise industry.

Film producer D. Suresh Babu said FICCI had been organising such meets for the past 12 years in Mumbai. “However, a majority of the regional industry representatives do not get involved and only very few of us from here attend them. Is regional the new national, is the new theme,” he said.

Information and Public Relations Commissioner C. Parthasarathy, who represented the government, said it was always friendly towards the film and entertainment industries and the media. The MEBC forum would provide a platform for problems to be identified and dealt with, he said, adding that the AP Government was very pro-active and was doing a lot to help the industry in issues like taxation, relaxation and subsidies.

Business Standard |

FICCI M&E biz conclave from Dec 1

The who's who of India's film and entertainment industries will converge in Hyderabad on December 1 for the two-day FICCI Media & Entertain-ment Business Conclave (MEBC) - 2010.

This would only be the second such conclave to be held outside Mumbai by the Federation of Indian Chambers of Commerce & Industry (FICCI), following the first in Chennai last year.

Announcing this, actor Kamal Haasan, who is also the chairman of FICCI committee on entertainment and media, said the conclave would identify and address the challenges facing the industry across the states. MEBC would work to give an international profile to the regional as well as the national M&E industries in the next few years, he said.

D Suresh Babu, managing director, Suresh Product-ions, said that although FICCI Frames had been taking place in Mumbai for the last 12 years, regional film industry representatives generally did not participate in these.

"The Hyderabad MEBC would be an opportunity for local industry to interact with national and international players," he said, adding that one of themes for the conclave was `Is regional the new national?'

Among the issues to be discussed are television content, convergence of media, safeguarding the vernacular cinema, regional versus national TV, finance, technology, regulatory issues and global linkages. The conclave covers films, television, radio, animation, gaming, visual effects and digital entertainment sectors.

Rs 60,000-crore industry

Sangita Reddy, chairperson, FICCI Andhra Pradesh Committee, said the Indian media and entertainment industry was worth Rs 60,000 crore, and was growing at an annual rate of 14 per cent.

“The current consumer spending of the Indian middle class on M&E is significantly lower compared with developed countries. Given this, the industry has the potential to grow at 18-20 per cent,” she said.

Union minister for Information & Broadcasting Ambika Soni, chief minister K Rosaiah, state tourism minister Dr Geeta Reddy, leading Bollywood producers Yash Chopra and Karan Johar, heads of various television channels would speak.

Business Line |

Entertainment conclave to discuss new funding options

Digitalisation, convergence and impact of new media, new financing mechanism and piracy are some of the subjects that will be discussed at length at the two-day second edition of the FICCI-sponsored Media and Entertainment Business Conclave slated to be held at Hyderabad from December 1.

“New financing options will be discussed from all perspectives, as this would be a big challenge for the industry. It has to be pointed out here that the banking sector is watching (the industry) and this could open new avenues for financing,” said actor Kamal Haasan, Chairman, FICCI Committee on Entertainment & Media.

Ms Sangita Reddy, Chairperson, FICCI Andhra Pradesh Committee, pointed out that the Indian media and entertainment industry was estimated to reach the size of Rs 60,000 crore. “The industry was growing at 18 per cent, but the recession had slowed the growth to 14 per cent last year. We are confident that it will get back to the pre-recession trajectory soon,” she told mediapersons here.

Indeed, the industry went through a rough patch due to the economic slowdown and cut in advertising spends, but it did recover in the last quarter of 2009. Some sectors were impacted more than others such as OOH (out of home) media, films and radio, which registered a negative growth during the year.

A recent report prepared by FICCI and KPMG has projected that the M&E industry would grow at a CAGR of 13 per cent over the next five years to reach the size of Rs 109,100 crore by 2014.

While television is estimated to grow to Rs 25,700 crore, a growth of 6.8 per cent over 2008, filmed entertainment has grown at a CAGR of five per cent over the last three years, clocking revenues of Rs 8,900 crore in 2009, the report said. The report pointed out that gaming is expected to be the fastest growing sector within the industry, which is projected to grow at a CAGR of 32 per cent in the next five years.

Deccan Chronicle |

‘We’ve become Anglophiles’

He needs no introduction to lovers of cinema. The man who has donned every possible mantle there is in the movie making process, has delivered performances that leave the viewer touched to his/her very soul. The legendary Dr Kamal Haasan was in the city, as Chairman of FICCI’s media and entertainment business enclave, to launch a two-day conclave that will bring together the best minds in the entertainment business.

He says, “This convention is a step towards global cinema. We have to gear ourselves up for the market and the only metaphor I can think of is the way Indian born authors write English novels. We are ethnic in the way we write but there is a global factor involved. Similarly, we need to educate ourselves in the language of international cinema. Of course, this doesn’t include masters like Adoor Gopalakrishnan and Satyajit Ray, who already understand international art cinema.”

Dr Haasan believes that such meets will facilitate legislations to help the media. “We have tangential roots but the convergence is happening. The various media — regional TV, news channels, commercial films, TV serials — all are a part of this movement towards this synergy. And that can be done by taking away the parochial element. We have convinced our CM in Tamil Nadu to do away with the punitive taxation measures for filmmakers from other regions. But if they give a Tamil name, they get some incentives.”

He elaborates on the need for retaining one’s roots while having a global perspective thus, “We have all become Anglophiles. We don’t say vannakam, we say good morning. An American will change the names of towns to suit his language. We adopt his accent and lose our own. It is okay to be a parrot, but we also need to fly.”

Dr Haasan goes on to add, “Regional cinema should stop being protectionist. Nehru promised us unity in diversity and that is something we should not lose. In protecting our smaller interests, we lose out on the larger perspective,” he says with a smile.

The Hindu |

Film industry beckons women entrepreneurs

Women achievers who have made it big in the film industry had only one mantra to share. “The movie industry in the country is like an ocean and budding women entrepreneurs have a host of opportunities to start a profitable business. A bit of free enterprise is all it takes to make profits in the industry,” they felt.

Three noted personalities, actor of yesteryears Padmini Kolhapure, Telugu actor and producer Jeevitha Rajshekhar and producer Elahe Hiptoola, who were part of a panel discussion on ‘Careers and Business Opportunities' organised by FICCI Ladies Organisation (FLO), Hyderabad, on Tuesday said that women entrepreneurs have already started to make their mark in industry.

“They can invest on outdoor units, lighting, transport, catering services, recording and dubbing, travel agency, counselling centres, dubbing and recording theatres and even in animation and graphics. Dress and set designing and investing in developing digital films is profitable business,” said Jeevitha Rajshekhar.

Film producer Elahe Hiptoola said that businesswomen can invest and produce small budget movies that range between Rs. two and six crore.

“Such movies, apart from ensuring good returns, also bring a lot of fame, contacts and satisfaction. I personally feel that there is no space for corporates in the industry because of they are bottom line driven,” she said.

New opportunities

Well-known actor Padmini Kolhapure said that advances in technology has opened up new opportunities in the field of animation.

“Passionate entrepreneurs can do wonders in animation. Acting schools are also good investment”.

The panel discussion, which was preceded by felicitation of new office bearers of FLO, Hyderabad, was moderated by film editor Sridala Swami.

Business Line |

Listed companies step up ad spends

Overall advertising spends may have taken a hit during the slowdown, but one wouldn't notice it from the numbers reported by the listed companies.

Take the case of FMCG giant Hindustan Unilever, one of the largest spenders on advertising.

It scaled up its already massive ad budget by 42 per cent in the nine months ended December 2009; its ad spend in the latest December quarter grew 66 per cent, double the rate in the preceding quarters.

The top five spenders in the FMCG space too hiked their advertising spends by 40 per cent over the past nine months.

Though FMCG companies account for the biggest chunk of the advertising pie, other big spenders seem to be emerging as well.

NEW SPENDERS EMERGING

Education, a sector not much affected by economic cycles; and telecom, with the launch of six-eight new operators over the last one year, havebeen quite liberal with their advertising spends.

Listed companies Idea Cellular and Tata Teleservices (Maharashtra) hiked their ads pends by 19.6 per cent and 27.6 per cent respectively in the nine months ended December 2009.

According to a recent FICCI- KPMG Report on Indian Media & Entertainment, FMCG companies were the largest advertisers in 2009, accounting for 31 per cent of the overall advertising pie. This was followed by education and telecom.

The auto sector and financial services firms too have been increasing their advertising spends.

Many of these companies have stepped up their advertising efforts in order to widen their reach in rural and semi-urban areas, given that these are now seen as pockets of strong consumer demand.

The growth in advertising is also reflected in the ad revenues of the listed newspaper companies, though regional/Hindi language newspapers saw a much higher growth in these revenues than the English language ones.

Vernacular newspapers such as DB Corp (which publishes Dainik Bhaskar) and Jagran Prakashan (Dainik Jagran) have managed 12-13-per-cent growth in advertising revenues in 2009, while the English HT Media and Deccan Chronicle Holdings have seen only low single digit growth.

In an interesting trend, players such as Jagran Prakashan are seeing increasing advertising from FMCGs, which have traditionally focussed only on television ads.

With attempts by consumer companies to target rural consumers and by telecom operators to add subscribers from non-metro areas, a greater share of the advertising pie may be up for grabs for these regional media. Regional newspapers such as Dainik Bhaskar are even set to increase their advertising tariffs by 10-12 per cent from this month, narrowing the premium that English newspapers have usually commanded over them, in charging for ads.

Taking off from these trends, the FICCI-KPMG report predicts that the overall advertising pie will get back to double digit growth this year, after dipping by 0.4 per cent in 2009. It in fact predicts a reasonably good 11.4 per cent compounded annual growth in the ad pie over the next four years.

One lingering concern is that with the elections out of way, would there be big dip in ads in 2010? Not so, as the FICCI-KPMG report goes on to observe that advertising related to Election-2009 accounted for less than 2 per cent of the overall advertising pie across media in 2009.

Screen |

HKIFF beats downturn, gets off to a good start

The 14th edition of Hong Kong Filmart got off to a good start — a sign that the effects of recession are wearing away. According to Raymond Yip, assistant executive director of Hong Kong Trade Development Council, there are more than 540 exhibitors, 120 from Chinese mainland alone! Among the new entrants are Croatia, Latvia, Philippines and Thailand along with regulars from France (a record of 22 companies according to Hollywood Reporter) and UK. India presence is marginal with very few pavilions — mostly small distributors (like Madhu Entertainment & Media). Adlabs and Indiantelevision.com have been visitors in the past for distribution deals and television content. Strangely, even FICCI Frames 2010, held recently in Mumbai and usually a big hub for global players in the media and entertainment segment, did not draw an enthusiastic participation this year.

However, Bollywood made its presence felt when Amitabh Bachchan was honoured with the Lifetime Achievement Award at the Fourth Asian Film Awards, an integral part of the exhibition and the 34th Hong Kong International Film Festival, which opened with director Ivy Ho’s romantic comedy Crossing Henessey and Clara Law’s Like A Dream. Bachchan got a standing ovation and he thanked Asian Film Awards for honouring him. According to organisers, they had received an impressive number of requests from members of the international media community for interviews of Big B, who has a following in different countries across the world.

Actress Sonam Kapoor was also nominated in the Best Actress category for her role in Delhi-6 at the Asian Film Awards. Last year it was actress Priyanka Chopra, who had been honoured with the Nielsen Box-office Award for outstanding contribution to Asian cinema, and according to organisers, Bollywood films are always included to acknowledge one of Asia’s biggest and most prolific film industries, though the Hindi film industry has not really been a keen participant. This year, Rajkumar Hirani’s 3 Idiots will be screened at the Film Festival that is fast gaining ground in Asia. In recent times Imtiaz Ali’s Jab We Met and Nikhil Advani’s Chandni Chowk To China found several takers in Hong Kong that at best, is curious about Bollywood.

Screen was the sole media representative from India chosen for its coverage of Bollywood trends in business.

Mail Today |

FICCI says self- regulation needed for broadcast boost

Self-Regulation and a clear roadmap for digitisation are required for providing further fillip to the Rs 2.57- lakh- crore broadcast sector, the Federation of Indian Chambers of Commerce and Industry ( FICCI) has said.

Said Amit Mitra, secretary general, FICCI, " Self- regulation, as already implemented by the sector, rather than imposing new regulations in the form of content code and policing, and a clear roadmap for digitisation are the main elements, which will give a boost to the broadcast sector and will be the key growth drivers."

While FICCI acknowledged the series of policy initiatives taken by the information and broadcasting ministry, greater commitment on the part of the government along with some more enabling regulatory corrections is the need of the hour, the FICCI statement said.

It favoured the creation of an independent and autonomous sectoral regulator, which would help spearhead faster growth, rather than imposing new regulations in the form of content code and policing.

"We are in favour of self- regulation in the broadcast sector and content code. Already, the News Broadcasters Association ( NBA) has a self- regulation code and broadcast standards for news channels," Mitra pointed out.

The Indian Broadcaster Foundation has initiated a self regulation code for broadcasters to put in place checks and balances. This would pave the way for healthy growth of the sector, he added.

Given the competition prevailing, there is pressure on profitability of broadcasters.

Weak infrastructure is another area, which should be looked into by the government, FICCI said. Efforts must also be made to improve the reportage of cable subscription and a clear roadmap from the government on the digitalisation process would make a positive impact on the broadcast sector, it added.

The biggest story of the year was clearly digitisation and direct- to- home ( DTH ) has led the digital distribution process. Industry has witnessed tremendous growth on the DTH front with 16 million subscribers being added in the last three years. With over 43 million DTH subscribers expected by 2014, India will become the world's largest DTH subscriber nation. This will push the cable sector to digitise faster and bring down under- declaration of subscriber base.

The chamber is in favour of increasing the number of boxes for television measurement system (TRP) and suggested that consumer growth in new towns should be taken into consideration for TRP measurement.

The Financial Express |

Digitisation can drive broadcast sector: FICCI

Self-regulation and a clear roadmap for digitisation are required for providing a further fillip to the Rs 2.57-lakh-crore broadcast sector, industry chamber FICCI has said.

“Self-regulation as already implemented by the sector, rather than imposing new regulations in the form of content code and policing, a clear roadmap for digitisation are the main elements which will give a boost to the broadcast sector and will be the key growth drivers,” FICCI secretary general Amit Mitra said in a statement.

Broadcast and television sector comprises over 43% of the overall Rs 5.87-lakh-crore media and entertainment sector. “While FICCI acknowledges the series of policy initiatives taken by the information and broadcasting ministry, greater commitment on part of the government along with some more enabling regulatory corrections is the need of the hour,” Mitra said.

Favouring creation of an independent and autonomous sectoral regulator, which would help spearhead faster growth, FICCI said, the chamber is for complete self-regulation doctrine, rather than imposing new regulations in the form of content code and policing.

Financial Chronicle |

Self-regulation can drive broadcast sector: FICCI

Self-regulation and a clear roadmap for digitisation are required for providing a further fillip to the Rs 2.57-lakh-crore broadcast sector, industry chamber FICCI has said.

"Self-regulation as already implemented by the sector, rather than imposing new regulations in the form of content code and policing, a clear roadmap for digitization are the main elements which will give a boost to the broadcast sector and will be the key growth drivers," FICCI secretary general Amit Mitra said in a statement.

Broadcast and television sector comprises over 43 percent of the overall Rs 5.87-lakh-crore media and entertainment sector.

"While FICCI acknowledges the series of policy initiatives taken by the information and broadcasting ministry, greater commitment on part of the government along with some more enabling regulatory corrections is the need of the hour," Mitra said.

Favouring creation of an independent and autonomous sectoral regulator, which would help spearhead faster growth, FICCI said, the chamber is for complete self-regulation doctrine, rather than imposing new regulations in the form of content code and policing.

"We are in favour of self-regulation in the broadcast sector and content code. Already, the News Broadcasters Association (NBA) has a self-regulation code and broadcast standards for news channels," Mitra pointed out. "The Indian Broadcaster Foundation has initiated self regulation code for broadcasters to have checks and balances. This would pave for healthy growth of the sector," he added.

Given the competition prevailing, there is pressure on profitability of broadcasters and weak infrastructure is another area, which should be looked into by the government, FICCI said.

Efforts must also be made to improve the reportage of cable subscription and a clear roadmap from the government on the digitalisation process would make a positive impact on the broadcast sector, it added.

Business Line |

All set to roll

After a rollercoaster 2009, the media and entertainment (M&E) industry is poised for recovery in 2010 backed by a revival in economic growth and the favourable demographics of the country.

According to the FICCI-KPMG report on the media and entertainment Industry titled ‘ Back in the Spotlight' released last week at the FICCI- Frames 2010 conclave in Mumbai, during the next five years the industry is expected to grow at a CAGR (compounded annual growth rate) of 13 per cent to touch Rs 1.09 lakh crore in 2014.

According to the report, digitisation, regionalisation, competition, innovation, process, marketing and distribution will be some of the drivers for the growth of India's M&E sector.

Last year, the industry went through a tough phase, shackled by the slowdown and cuts in advertising spends. The M&E sector grew by just 1.4 per cent over 2008 to Rs 58,700 crore, with some sectors such as OOH, films and radio registering negative growth during the year.

The only segment that brought some cheer was the TV industry which recorded double-digit growth due mainly to subscription revenues although advertising revenues shrank. Internet, gaming and the animation industry recorded double-digit growth, albeit on a smaller base.

“The year 2009 saw the M&E industry going through a tough phase as advertising revenues were impacted in line with the challenging economic scenario. Industry players looked at sustainable cost optimisation and sought means to better connect with their customers,” said Rajesh Jain, Head, Media & Entertainment, KPMG in India.

However, the industry witnessed a recovery in the last quarter of 2009 and this is expected to continue going forward.

The growing potential of untapped regional markets, penetration of newer digital TV distribution platforms, innovation across products, processes, marketing and distribution models and the growing importance of pay audiences are going to be the key drivers going forward.

Advertising revenues, which have been one of the main drivers of growth in the M&E industry, reflected a CAGR of 10 per cent over the last three years with almost flat growth in 2009. “Going forward, it is expected to exhibit a robust CAGR of 14 per cent over the next five years,” said the report. Advertising contributes almost 38 per cent of the revenues of the industry

Television: The television industry is estimated to have touched Rs 25,700 crore, a growth of 6.8 per cent over 2008. This was on account of growth in TV penetration and an increase in the number of digital homes, leading to a rise in subscription revenues for the distributors and broadcasters. Also, the number of channels has increased to 460 in 2009 from 120 in 2003. The broadcasters also benefited from a 7 per cent growth in advertising revenues. The report estimates a growth of 15 per cent over the next four years.

Films: The film industry, which suffered a setback due to the multiplex-producer stalemate, the IPL and the dismal performance of movies at the box-office, registered de-growth of 14 per cent over 2008. But the last quarter of 2009 saw some light with the success of a few films including 3 Idiots and Paa and Hollywod movies such as Avatar and 2012. Over the next five years, the industry is projected to grow at a CAGR of 9 per cent and touch Rs 13,700 crore by 2014 from Rs 890 crore in 2009.

Print: The print media industry had a very moderate rate of growth of two per cent in 2009 to touch around Rs 17,500 crore. There was a decline in advertisement revenues in the English newspapers, which bore the brunt of reduced advertisements but the regional dailies witnessed less volatility in advertising. The industry is projected to grow at a CAGR of 9 per cent over the next five years and reach around Rs 26,900 crore by 2014. This would be sustainable due to the growth in advertisement revenues from increased spends in sectors such as retail, education and telecom, the rise in literacy levels which would lead to improved penetration and growth in sales volume and increasing the growing importance of regional market.

Radio: The industry is estimated to have grown at a CAGR of 9 per cent over 2006-09. It is estimated to have reached a size of Rs 780 crore by end-2009, a decline of 0.3 per cent over the previous year. It is expected to grow at a CAGR of 16 per cent over 2010-14 and reach a size of Rs 1,640 crore by 2014.

Music: The size of the Indian music industry was estimated at around Rs 830 crore in 2009, up from Rs 730 crore in 2008, implying a growth of 14 per cent during the period. One of the primary reasons for this growth was the increased acceptability of different digital distribution models. Overall, the music industry is expected to grow at a CAGR of 16 per cent over 2010-14 to reach Rs 1,720 crore.

Out of Home: OOH media has grown at a CAGR of 5 per cent over the past three years, and is estimated to have reached Rs 1,370 crore in size in 2009, following de-growth of 15 per cent over 2008. It is projected to grow at a compounded rate of 12 per cent over the next five years and reach a size of around Rs 2,410 crore by 2014.

Animation & VFX: The animation and visual effects segment in 2009 registered a growth of 13.6 per cent over 2008. The Indian animation industry largely relied on outsourced work and co-production deals. Riding on the growing demand of VFX both in domestic and international markets, this segment registered a 40 per cent growth and is estimated at Rs 320 crore. The industry is expected to grow at a CAGR of 18.7 per cent in the coming years to reach Rs 4,660 crore by 2014.

Gaming: Gaming is expected to be the fastest growing sector in the M&E industry. While the sector has shown 22 per cent growth in 2009, it is expected to grow at a CAGR of 32 per cent in the next five years to reach Rs 3,200 crore by 2014.

Business Standard |

Focus on exploring co-prodn with foreign partners

The West is looking at the East and it is not for exploiting cheap labour this time. People in the film business from the US, Germany, Japan, Turkey, Netherlands and the UK are flying here for the next three days to explore opportunities in the Indian market. Foreign film studios are looking to co-produce movies and form joint ventures with Indian companies in the media and entertainment arena.

The annual three-day event of the Federation of Indian Chambers of Commerce and Industry (FICCI) on the media and entertainment (M&E) sector will start tomorrow. Over 150 foreign delegates will be participating in the event and they are expected to work towards exploring co-production opportunities with Indian film makers.

"This year many foreign delegates are participating in the event. Around 50 delegates from Netherlands would be having business meetings with Indian content-providing companies. Netherlands is known for its TV formats and the delegates are expected to hold meetings with 90 companies. Around 10 delegates from Turkey would be participating in the event for the first time, as they would be looking at forging co-production alliances with Indian film makers. Both Netherlands and Turkey have been offering locales to producers to shoot their movies," said a FICCI spokesperson.

Last year, Fox Star Studios had bought the global rights for distribution of the Shah Rukh Khan starrer, My Name is Khan, for around Rs 100 crore. The film was shot in Los Angeles.

In the past two years, several Hollywood Studios have tied up with Indian film-makers and despite not tasting success in India, foreign film-makers are attracted by the demographics and spending propensity of the Indian consumer.

Columbia TriStar Motion Pictures had started the trend by co-producing Saawariya with Sanjay Leela Bhansali Films. Warner Brothers took it forward by co-producing Chandni Chowk To China with Rohan Sippy. Joining the league was The Walt Disney Company, that inked a joint venture with Yash Raj Films for the animation film, Roadside Romeo.

FICCI-Frames this year would be attended by James Nicholas Gianopulos, Chairman & CEO, Fox Filmed Entertainment and Louise Sams, Executive VP and General Counsel, Turner Broadcasting System Inc and President, Turner Broadcasting System International. There would be 40 participants from the US, while 20 industry honchos would be visiting from the UK. And, 20 delegates each from both Japan and Germany at the three-day event. The Japanese businessmen would be here to understand the dynamics of the Indian media industry and would meet stakeholders for possible alliances in the animation and digital technology arena.

The chief minister of Maharashtra, Ashok Chavan, and the Union minister for information & broadcasting, Ambika Soni, would be present at the opening ceremony. The chairman of Yashraj Films, Yash Chopra, and producer Karan Johar would deliver keynote addresses.

The event would also see the release of the FICCI-KPMG report on the M&E industry. KPMG says the industry is poised to start recovery in 2010, after hitting a rough patch in the previous year due to the economic slowdown. Growth in the industry is expected to be driven, amongst other factors, by the growth in subscription through enhanced penetration and expansion of digital delivery infrastructure.

Business Standard |

'This year, every penny earned will count'

Last year, leading industry chamber FICCI appointed eminent film maker Karan Johar as the co-chairman of its entertainment committee. The 38-year-old director tells Priyanka Joshi how he is changing the face of industry events like FICCI-Frames, the global convention on the business of entertainment. Edited excerpts:

With you at the helm of things, will we see something different at this year’s edition of the FICCI-Frames 2010 event?

For starters, you will see meaningful discussions by industry stalwarts this year. By this, I mean we have endeavoured to bring speakers who can detail topics that concern the industry and its growth and have a healthy discussion with media and business delegates alike. I have been personally involved in all the practical details of hosting the largest convention on the business of entertainment — FICCI-Frames 2010.

As an industry, we have always been very fragmented. But with 2009’s economic meltdown, there has been some consensus on how our films need a helping hand from bigger international studios and how critical it is to exploit our content in markets outside India. A case in point was my recent movie My Name Is Khan that got a shot in the arm with Fox Entertainment distributing the movie in 20 new markets outside India. This is the year where every penny earned will count.

What, according to you, does the Indian film industry need to have a successful run in 2010?

The industry has to reorganise itself. We cannot afford to pay escalating star prices, manage production costs and yet make a profit selling the film. No wonder there has been a rush to have films co-produced. We are already seeing a rise in films that are co-produced, distributed and marketed by international studios that have the muscle to take Indian films to global audiences.

My own home company, Dharma Productions, entered into several co-production deals with larger studios for recent movies. It’s primarily to ‘de-risk’ your bottom line. In simple words, co-productions are the need of the hour.

Is there any particular agenda that you hope to achieve during your tenure with FICCI?

Lately, there have been controversies over copyright issues pertaining to film scripts and screenplays. While I believe that a writer must be given his dues, without which a film cannot be made, they occasionally end up being sidelined.

I would like to initiate a writer’s platform as I continue my work with FICCI, which would give them a forum to voice their opinion. This may not happen immediately, but I am working towards it. That’s one reason why we think it will be right to include a workshop on film screenplay during FICCI-Frames 2010.

Your career revenues make you one of the most successful film producers in the industry. Any plans to step into producing TV content like Yash Raj Productions?

I do have plans to foray into TV programmes, but unlike the bold dive of Yash Raj Productions. I probably don’t have that kind of creative bandwidth to spawn off TV productions. Still, Dharma Productions has its eye on the emerging sector and will be looking for the right channel partnership to launch our programmes.

The Economic Times |

Leg up for media, entertainment

Improved economic sentiments will augment the digital delivery infrastructure, which, in turn, will give a leg up to the media & entertainment industry that had gone through a rough patch last year, says the FICCI-KPMG report on the industry.

The pickup in the sector is being led by the growth in advertising, said Rajesh Jain, national industry director (information, communications and entertainment), KPMG. The lift in subscription revenues and the growth beyond top tier cities coupled with digitalisation and convergence will usher in growth in excess of double digits over the next couple of years. Aamir Khan’s 3 Idiots, with its solid content and innovative marketing and distribution strategy, has set an example, he said.

The report, which will be released at the FICCI Frames conference on Tuesday, pointed out two complimentary trends: aspirations of Indian players to go global and the entry of foreign players into India. The launch will be attended by film stars like Shah Rukh Khan and Katrina Kaif; Maharashtra chief minister Ashok Chavan, and Union Minister for Information & Broadcasting Ambika Soni. James Nicholas Gianopulos, Chairman & CEO, Fox Filmed Entertainment, will be a keynote speaker while Karan Johar, Co-Chairman, FICCI Entertainment Committee & Director, Dharma Productions will also be present.

The M&E had gone through a tough in the last two years as its mainstay advertising industry went into a huddle due to the global financial slowdown. The industry as a whole registered a modest growth of around 1.3% in 2009 compared to 12 % in 2008.

Last year, the only segment that brought some cheer was the TV industry, which grew at double digit rates, mainly on account of subscription revenues, though advertising revenues also showed positive growth here. Internet, gaming and animation, too brought reasons to cheer for the industry with their growth rates touching double digits, albeit on a smaller base.

With revised growth estimates for GDP at 6.8% in 2009 by IMF, which is higher than the world average and the expected recovery from the slowdown, the M&E industry is expected to grow steadily over the next five year period. The industry is looking at tapping newer target segments, geographies and mediums, while tapping the potential of the existing ones.

Business Line |

‘Media, entertainment industry poised for recovery in 2010'

The Indian Media and Entertainment Industry is poised for a recovery in 2010 tracking a rebound in economic growth and favourable demographics, according to a study by FICCI-KPMG.

The growth would be driven, amongst other factors, by an increase in subscription through enhanced penetration and expansion of digital delivery infrastructure, the report said.

The Indian M and E Industry, estimated to be in the range of $10 – 12 billion, went through a tough phase in the past two years due to the economic slowdown.

“The industry which is dependent on advertising for almost 40 per cent of its revenues was hit due to shrinking advertising budgets of the corporate world,” the report said.

In 2009, the industry as a whole remained almost flat registering a growth of just 1.3 per cent over 2008. “The industry is poised for a recovery in 2010, riding on the back of economic growth picking up and favourable demographics of the country,” the FICCI-KPMG report said.

Rising disposable incomes of the working population and increased spend on discretionary items will continue to have a favourable impact on the M and E industry. Besides, growth of newer delivery platforms with superior technology is likely to expand horizons for the business.

“Aspirations of Indian players to go global and foreign players entering the industry will help the industry target a double-digit growth in next five years,” it said.

The report said that sectors like print, radio and music either remained flat or showed a very moderate growth in 2009. The TV industry displayed an almost double-digit growth rate, mainly on account of subscription revenues, though advertising revenues also showed positive growth.

Internet, gaming and animation, brought reasons to cheer for the industry with their growth rates touching double digits, albeit on a smaller base, the report said.

Financial Chronicle |

Media industry to recover in 2010: Study

The media and entertainment (M&E) industry in India is set to recover in 2010 after registering a modest growth of around 1.3 per cent in 2009 compared to 12 per cent in 2008, according to the latest report by FICCI-KPMG.

The report will be released in Mumbai on Tuesday coinciding with Frames-2010, the annual global convention on the business of entertainment organised by FICCI. Over 2,000 Indian and 800 foreign delegates are expected to attend the three-day event.

According to the report, the growth is expected to be driven by the rise in subscriptions through enhanced penetration and expansion of digital delivery infrastructure. The report also says “rising disposable incomes of the working population is expected to continue impacting the M&E industry favorably.

Aspirations of Indian companies in the M&E industry to go global and foreign players coming to India will also help the industry target a double digit growth in the next five years, says the report.

The Financial Express |

Radio bets big on classified ad format

In a bid to shore up its advertising revenues and mop up new clients, the Rs 840 crore Indian radio industry is aggressively marketing the classified advertising format. The newest player to join the bandwagon is Big 92.7 FM of Reliance Anil Dhirubhai Ambani Group (ADAG). It is promoting its its classified advertising format on radio through a new vertical called Big Impact.

Says Tarun Katial, CEO, Reliance Media World, "With changing media trends, classified advertisers are looking at effective ways to ensure reach and response while also being cost effective. Big Impact, in evaluating this business opportunity is ushering classified advertising on radio, in India."

Classified advertisers are mostly small businesses who seek quick and timely results, says Katial. "We will host 10-second advertising spots, with clear messaging, between 12 noon and 6 pm. And we will ensure assistance through end-to-end logistics."

According to the media and entertainment industry report of 2009 by Ficci and KPMG, between 2006-2008, the sector grew by 19.7%. The report sayys the radio industry’s ad revenues will grow by 14.2% between 2009-13.

Currently, the most popular form of radio ads is the regular spots which a station airs during the commercial breaks between programmes. Another form is utilizing sponsors, for example, for time checks and traffic updates. And finally, there is also customisation as per specific requirements such as integrating celebrity shows, song tags, etc., to a programme.

Big FM has launched this service in Mumbai and will follow it up in other cities suit shortly. Big Impact is primarily targeting advertisers in information technology, education, property and travel sectors. "Metros will have an advantage, but non-metros also have good potential as retail and small and medium enterprises are showing robust growth," says Katial.

"Advertisers today are much evolved and they have their own diagnostics to measure and understand the value an advertising medium offers them. We are confident that this value product will deliver to take the advertising requirements of the small and medium advertisers to an altogether new level. Radio offers high reach and is extremely cost effective, which promises to work excellently for their businesses," he adds.

In India, classifieds for the print industry account for 15% of the overall print revenue. And with the print industry size pegged at Rs 10,000 crore, the classified ads market is around Rs 1,500 crore. With comparable figures for the radio industry is not available, experts say it indicates that the scope for growth is immense.

Concurs Prashant Panday, CEO, Radio Mirchi, "Classified advertising has a tremendous scope on radio. It allows small topical advertisers to experiment with radio using classifieds. It’s a very interesting format."

Radio Mirchi, owned by Entertainment Network India Ltd, has been doing classifieds for the last 8 years since it launched its first radio station. "We have had literally thousands of clients converted using classifieds. Almost all of the smaller Mirchi stations use classifieds as a format to rope in smaller advertisers," he says.

As of now, classifieds may not contribute much in terms of percentage of revenues, but it’s an extremely important stepping stone to bigger spends on radio, explains Panday. "We have called it by different names in different markets—the most common one has been simply Mirchi Classifieds. We also use Mirchi Express in some markets."

Radio City, promoted by Music Broadcast Pvt. Ltd, has taken the format of classified ads a step further creating contextual content around the classifieds. Says Apurva Purohit, CEO, Radio City, “We run classified ads which ensures the communication happens in an environment where the consumer is most receptive to it. Retail classifieds would run in the city buzz section which talks about various shopping options in the city. It has worked well for us in our smaller cities, where the ticket size of an advertiser is smaller."

Hindustan Times |

Entertainment biz on recovery path

The Media and Entertainmnet (M&E) industry is poised to start recovery in 2010, after hitting a rough patch in the previous year due to economic slowdown, says a FICCI-KPMG report on the M&E industry. The report will be released at FICCI-FRAMES 2010 in Mumbai on Tuesday.

Financial chronicle |

Southern films eye Malaysia

As part of its initiatives to broaden funding and technology capabilities, the south Indian film industry is looking for collaborations in Malaysia.

The media and entertainment conclave of FICCI and the Multimedia Development Corporation of Malaysia will sign a memorandum of understanding on Friday to create a common platform for the film and animation industries of the two countries.

Apart from IT products and service providers, about 200 animation companies are also members of Multimedia Development Corporation a government gency. Malaysia may employ over 13,000 people in the sector by 2012-end, said Dato’ Badlisham Ghazali, CEO of Multimedia Development Corporation.

“Globally the addressable outsourcing opportunity in the animation sector is about $800 million and most of the high-end work now goes to Japan and Korea in Asia. When both India and Malaysia go together, they can compete with the likes of Japan to tap the international market,” he added.

Along with Multimedia Development Corporation the Malaysian Film Production Association will also sign the agreement with FICCI’s entertainment division chaired by actor Kamal Haasan.

The collaboration deal will facilitate co-production opportunities, training and skilling, technology sharing such as post-production and digital intermediate work and distribution opportunities. The Malaysian government offers 17 fiscal incentive schemes including shooting permits, la­bour permits and funding opportunities, Ghazali said.

Apart from scenic locales for shooting, a few nations offer incentives, tax rebates and fund-raising options through local partners. India already has bilateral production treaties with countries such as UK, France, Italy, Germany and Brazil. Producers can sign up with local co-producers to avail state funds and incentives.

Business Standard |

Bollywood's global market beckons

Bollywood is becoming big business, said the opening line of the lead story in the Business Standard last week. This was a report on 3 Idiots making business history in Indian cinema, grossing Rs 240 crore in the first ten days.

For a decade now, the business of cinema in India has undergone significant changes. Banks and business houses are now into financing movies. Marketing companies thrive on selling not just movies but a whole range of products linked to movies and actors. And, increasingly, the business is becoming global. Of course Bollywood’s business pales in significance when compared with Hollywood which, despite the recession, saw domestic ticket sales in the United States alone grossing close to US$10 billion last year, with foreign ticket sales estimated to be around US$12 billion.

Frames, the media and entertainment business division of the Federation of Indian Chambers of Commerce and Industry (FICCI) has estimated that by 2013, the media and entertainment business will amount to Rs 105,200 crore of which filmed entertainment would gross Rs 16,860 crore, growing at around 9.1 per cent over the next three years. While Bollywood’s revenue numbers are nowhere near Hollywood’s, it churns out more films and now screens them in nearly a 100 countries around the world.

I was a stranger to the economics of Indian cinema till one day in 1994 filmmaker Kumar Shahani walked into my room at the Times of India and chose to educate me on the debates in Paris that he had been privy to on the United States seeking to bring trade in cinema and other entertainment products under the purview of the World Trade Organisation (WTO). The French were worried, Shahani told me, about American cultural hegemony.

Free trade in cinema will mean the global domination of Hollywood. India must join France in opposing this,” Mr Shahani said, urging my newspaper to comment editorially against the US move. Given my regard for Mr Shahani as a filmmaker, I promised to familiarise myself with the issues and then take an editorial view on the matter. But when I did my homework, I realised that he was on the wrong track. The French may have problems surviving the onslaught of Hollywood, but free trade in cinema, I was convinced, would benefit Bollywood.

The Indian diaspora is a ready global market that can be better served if all countries that are home to people of Indian origin have open markets to Indian cinema. That apart, Indian cinema has the capacity to create a global market for itself across different societies. The popularity of the idiosyncratic tamil actor Rajnikant in a conservative society like Japan was only a recent example. For years, Indian cinema has been viewed and Indian film songs heard in diverse societies across Africa, Central and South-east Asia and our own neighbourhood.

The significance of that US initiative to bring the film and entertainment business under the purview of the WTO came home to us last fortnight when a WTO appellate tribunal ruled in favour of the US and against China on the latter’s restrictive trade practices, preventing free import of Hollywood cinema into China.

This is a problem Indian diplomacy has been grappling with for some time. Attempts to import more Indian films into China have been repeatedly scuttled by Chinese authorities. After much lobbying, India’s former foreign secretary Shiv Shankar Menon succeeded, when he was India’s ambassador in Beijing, in getting Chinese approval to import at least four Indian movies per year into China. Beijing has for long capped the number of foreign films to be imported into China at 20 films per year.

Despite Mr Menon’s success in getting India a quota of four out of this 20, his successor Ambassador Nirupama Rao, the present foreign secretary, had a tough time getting Chinese authorities to adhere to this obligation and finally managed to get Aamir Khan’s Lagaan screened. This film was approved by Beijing authorities on the grounds that it had an “anti-colonial theme”!

In objecting to the import of Indian cinema, China’s censors would usually give the same reason as they gave the WTO in defence of their opposition to importing more Hollywood films. That they are all “morally corrupting”!

The WTO has not questioned China’s right to impose a ceiling on how many foreign films it can import, allowing the cap of 20 to remain, but it has ruled against government monopoly in the import of films.

In a detailed report on the WTO ruling, the Christian Science Monitor (21/12/09) quoted a film trade analyst studying the implications of the WTO decision, David Wolf, as saying: “The WTO decision not only cracks China Film’s (government agency) iron grip on distribution, but also weakens the 20-films-per year import cap that remains in place. With the monopoly broken by the WTO appeal ruling, there will be a need to ensure that China Film continues to make its accustomed money even as more state-owned or joint venture film importers start to take a piece of the pie. If more than two companies can bring imports in, distributors will have to balance the release dates of films more carefully.”

Such competition between local distributors, Mr Wolf believes, will improve visibility of Hollywood cinema in China. China is estimated to have 5,000 screens and many of them in new multiplexes. Ticket sales in 2009 were estimated to have grossed US$635 million. It is a growing market that would welcome Indian cinema.

The WTO ruling has helped prize open a tightly shut door. But the door has just opened a wee bit. When it opens wider, it should help open up the growing China market to Bollywood too. Clearly, signing up for freer trade in cinema and to adherence to WTO discipline is helping. I hope Mr Shahani is reading this column!

Business Standard |

Stiff pricing

With around 14 crore television households, India is one of the bigger markets globally. Little wonder that it has attracted big corporate entities to foray into the cable and satellite business. Among the newer entrants in this space, which has gained huge scale in a short span of time, is DEN Networks. Started in July 2007, DEN is now one of the leading MSO (multiple system operators) in the country with a presence in around 76 cities.

With the advent of alternate technology platforms like Direct to Home (DTH) which help deliver better quality digitised television content to Indian consumers, the process of consolidation in the cable industry has been hastened. Local cable operators, who lack financial muscle, are giving way (tying up) with larger MSOs like DEN and upgrading to digital networks to compete in the increasingly competitive industry.

DEN, which has a subscriber base of over 10 million households, intends to convert greater number of its analog connections to the digital platform, from the existing three lakh households. Besides digitalisation, it intends to expand its network through acquisition of local cable operators to further consolidate its position. To fund its growth and modernisation plans worth Rs 285 crore, the company is coming out with an IPO.

Under-penetrated market

The cable and satellite (C&S) industry is predominantly of analog type; only 20 lakh out of the 8.6 crore households are based on digital technology. Increasing fondness by consumers to graduate to the digital-platform for better viewing experience should boost growth rates for this segment. As per FICCI KPMG, the digital television (through cable, DTH and IPTV platforms) households in India would be 3.5 crore by 2013, indicating an annual growth of 60 per cent for the next five years—significantly higher than the overall growth of 8 per cent for the industry.

For DEN, which has acquired 62 smaller players till 2008-09 at a cost of Rs 130 crore, the growth opportunities are immense. Meanwhile, the company has set aside Rs 125 crore to acquire and forge alliances with local cable operators in the future as well. During 2009-10 (up to August 2009), it has entered into agreements to acquire around 27 smaller players. This should help further boost its subscriber base. In terms of digitisation, the company intends to add (including conversions) around 10 lakh digital connections every year for the next couple of years.

De-risking business

Though the potential for growth is huge, the cable service providers are facing stiff competition from deep-pocket Direct-to-Home (DTH) players like Dish TV, Tata Sky, Airtel and Reliance. Thus, players like DEN have to strengthen infrastructure to support greater digitalisation. Through ‘Digitelly’, its digital television service, DEN provides digital services to 37 cities. The company proposes to spend Rs 210 crore (including Rs 165 crore for set top boxes) for rolling out its digital television service in all its existing markets, which the management believes will be completed in the next few months. This would also allow DEN to provide value-added services like movies-on-demand and local channel content. The company has also earmarked Rs 10 crore in 2009-10 and Rs 15 crore for 2010-11 to set up infrastructure to provide cable broadband services. Den has already obtained an all-India internet service provider and these investments are first-in-line to scale-up (now in three cities) and expand its broadband internet services to reach around about 1.5 to 2 lakh connections by end-2010.

With the ability to deliver digital content, value-added services, broadband internet and better sourced regional content through a single source should help DEN to face competition in the long-run. It is estimated that broadband and value-added services could contribute around 15-20 per cent of its consolidated revenues of DEN in the next two-three years.

Conclusion

An important source of revenues for DEN is its 50-50 joint venture, STAR-DEN. This venture, which distributes various television channel content to MSOs, contributes around half of the company’s consolidated revenues, besides providing an alternative revenue stream. In fact, the cable television business, that contributes the other half of company’s revenues, has not made profits in the first two years of operations. Although the company achieved profits at the operating level earlier, it is only in the June 2009 quarter that it delivered the first net profit. Going ahead, the scale-up from the cable business should deliver healthy growth rates. This would come on the back of organic growth, acquisitions and upgrading of analog cable consumers to the digital platform. Rating agency, ICRA, has assigned Grade 3 to the proposed IPO of DEN, indicating average fundamentals.

In June 2009 quarter, the company reported consolidated revenues of Rs 214 crore, EBIDTA of Rs 20.7 crore and net profit of Rs 3.2 crore. Based on these numbers, its growth plans and aim to retire debt of Rs 40 crore from the IPO proceeds, it should be able to deliver an EPS of Rs 5.7 for 2009-10 and Rs 11 in 2010-11. At the higher price-band of Rs 205, the stock is available at 18.5 times its estimated 2010-11 earnings, which indicates that pricing is stretched and gains limited in the short-term. Those with an appetite for risk and with a time-perspective of 2-3 years may invest.

Indian Express |

Kamal to head FICCI’s media conclave

Kamal Hassan is donning a new role, after having proved in mettle in the film industry as an actor, producer, director and so on. He will be the chairman of the ‘Media and Entertainment Business’ conclave, to be organised by the Federation Of Indian Chambers of Commerce and Industry’s (FICCI) in Chennai for two days from November 18.

The initiative aims to bring the rich potential of the Indian entertainment market to the forefront of the global media and entertainment industry. Talking about his new venture, Kamal Hassan said, “I am very happy to be guiding FICCI’s first ever initiative of this kind.”

The conclave’s aim is to concentrate largely on the vibrant and sizeable Indian media and entertainment industry across various states and bring experts from all over the country and abroad to this unique platform. It will take up regulatory issues with the State and Centre governments.

The conclave will provide a forum for the government to receive authentic and first hand information on the state of the entertainment industry and its problems and prospects.

“The sessions will cover the entire gamut of media and entertainment like films, broadcast (TV and radio), digital entertainment, animation, gaming, visual effects and the like,” according to a FICCI press release.

Over 500 people are expected to attend the conclave. FICCI’s definitive report on Southern Entertainment Industry will be launched in the conclave.

Business Standard |

Pritish Nandy firm, UKs High Point join hands for global distribution

Pritish Nandy Communications (PNC) has inked a deal with London- based High Point Media Group for distributing and promoting its films in international markets. PNC’s upcoming film, Ek Tho Chance, will be the first from PNC that High Point Media will market internationally.

A medium budget movie, Eh Tho Chance has cost PNC a little less than Rs 10 crore. The company is hopeful of maximising returns by reaching out to the Indian diaspora through High Point Media. KPMG-FICCI’s latest report on the media and entertainment industry claims that “crossover” and “drama” movies are the most preferred by overseas audiences.

Film producer and founder of PNC, Pritish Nandy, said based on the success of Ek Tho Chance, High Point Media would distribute up to five films by PNC scheduled for release this year.

High Point will invest in the films’ worldwide distribution (except India), packaging, marketing and sales for both the atrical and ancillary markets. “Ek Tho Chance will be releasing in the next two months and we hope to distribute it as far as we can since awareness about Indian cinema is at an all-time high,” said Nandy.

Bollywood producers allocate around 15 per cent of their budget for marketing, while international production houses invest up to 30 per cent.

“We will share revenues from international markets with High Point Group while retaining the rights to distribute the film in India,” said Nandy, without giving further details.

Hindustan Times |

Online gaming ads and ‘advergaming’ hot up

The brands come embedded in games, and the message is delivered in unmistakeable style. Zapak.com has been highly active this summer with new games, and tie-ups with brands.

At Games2win.com, every time one of its games get stolen from a popular social networking site, the team celebrates as it becomes an opportunity to earn more money through advertising.

“All our games get stolen,” laughed Alok Kejriwal, co-founder and CEO.

And Hungama.com, which creates propositions, including games, around brands and places them across the Internet, mobile and IPTV platforms, finds itself busy as advertisers are increasingly inclined.

Though gaming in India is still an infant media option, worth just $130 million, a recently released KPMG-FICCI report states that it has the highest growth projection, at 33.3 per cent, over 2009-13, among all media.

“Gaming has the power to move millions. It’s the currency of the youth,” said Kejriwal. Brands across diverse categories such as Marico’s Hair Care, Sony Ericsson, Airtel, Nokia and Coca Cola.

Everytime a stolen game is activated by a player on any site anywhere in the world, a software agent (bot) from Games2win sends an alert which triggers a matching ad from a company server under a tie-up with search giant Google.

“Fifty per cent of out earnings come from advergames,” said Arun Mehra, chief marketing officer, Zapak. Advergames are games Zapak builds around brands. “We have 200 brand engagements.” Siddhartha Roy, COO, digital and Allied Business, Hungama Digital Media, said, “Small, casual games do extremely well.”

Indian Express |

IIFA serves as forum for biz partnerships

KPMG and the Federation of Indian Chambers of Commerce and Industry (FICCI) have chosen the India International Film Awards (IIFA) as a forum for forging new partnerships with Chinese businessmen despite constraints of language and access to each others’ cultures. In a new report, KPMG claims that the two can foster new ties as both have a heavy domestic demand base and need not depend on the west as a market for their goods and services. India and China can clearly collaborate in the areas of gems & jewellery, media and entertainment, luxury brands, health & wellness and tourism, according to the report. Titled as the ‘Global Financial Meltdown: Turning crisis into opportunity through enhanced cooperation between India and China’, the report would form the key basis for both Indian and Chinese businessmen to come together after its launch at the Fifth FICCI-IIFA Global Business Forum meeting in Macau.

The report points out that while India is the largest consumer of gold, China is the largest consumer of platinum. This presents a huge opportunity for both sides as the market for jewellery in both India and China is enormous. India processes 90 per cent of the world’s diamond and Indian diamond processors have significant opportunities in China, so there is clearly a synergy between the two. “India can prove to be a favourable retail destination for the gems and jewellery sector for Chinese companies considering the 100 per cent FDI allowance. Chinese companies can leverage their low-cost manufacturing capabilities,” the report states.

One of the major areas for doing business together as demarcated by the report is the global media and entertainment industry, which had a size of $798 billion in 2007 and is expected to cross $1 trillion by 2012. China has high potential for online gaming with as many as 120 million online gamers in 2007. Indian companies like Zapak.com and Indiagames can leverage these opportunities.

The luxury goods industry of both China and India is witnessing a boom and is estimated to grow at approximately 20-30 per cent over the next 5 years, the report further states. With 51 per cent FDI allowed in Indian retail, Chinese retail houses have an opportunity to start operations in India. On the health care services front, players like Apollo Hospitals, Fortis Healthcare, Wockhardt Hospitals have immense opportunity to begin their operations in China. China is one of the main exporters of gym equipment to European countries, especially to Germany.

India can also serve as an attractive tourist destination for the Chinese. In 2006 about 450,000 Chinese and Indians visited each other’s countries but this is still a relatively small number.

The Financial Express |

Animation industry to create up to 3.5 lakh jobs by 2011

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Business Standard |

Bollywood says 'no shooting' in Australia

"/Templa

Hindustan Times |

TV stays ad folks’ favourite, Net is still a kid

"/Templa

Business Standard |

Arena Animation sees faster growth at foreign centres

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Business Standard |

Console gaming takes an Indian twist

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The Economic Times |

Home-video rights now come cheap

Price of home-video rights of movies, one of the important revenue streams for producers and distributors besides ticker sales, has dropped 30-40% in the last six months due to economic slowdown. Moreover, some of the producers are now finding it difficult to sell DVD and VCD rights, even eight weeks after the release of the movie in theatres. Home-video rights along with satellite rights for beaming the movies on television channels contribute about 20-25% of the movie`s overall revenue pie. The home-video entertainment firms for a period of 3-5 years. As per FICCI-KPMG`s study, the size of the home-video industry was estimated at Rs 863 crore in the first half of 2008.

Says Shemaroo Entertainment director Hiren Gada: "Till early 2008, a movie which did well at the box office used to cost on an average around Rs 4-5 crore. The average price for a similar flick today has dropped to Rs 2-3 crore." He added that this is largely because of the current economic conditions.

Mr Gada said home-video firms are now also getting into revenue-sharing deals with production houses.

Asian Age |

DTH to help CAS growth

The country’s growing direct-to-home (DTH) market will help ensure digitalisation in cable and satellite (CAS) homes even if the government’s mandatory legislation in selected metro cities fails to kick-start.

This was the overall consensus of opinion amongst several media stalwarts present at the annual FICCI Frames conference.

The government’s decision to implement CAS in selected areas of Delhi, Mumbai, Chennai and Kolkata in 2007 gave a push towards the digitalisation of cable.

By September 2008, 7,17,22 set top boxes had in been installed in these four cities the majority being in Chennai.

But the problem as several media honchos including Mr Aroon Purie, chairman and editor-in-chief of India Today Group Mr Sameer Nair, CEO, NDTV Imagine and Mr Sunil Lulla, director, Real Global Broadcasting pointed out at the conference was that with cable operators earning hundreds of crores in carriage fees, they had a vested interest in not digitalisation.

Mr Purie pointed out, "With the vast majority of cable operators still in the analog mode, broadcasters admit that their distribution costs have gone up by 50 per cent in the last one year alone."

"The valuation of TV companies on the other hand has fallen by 60 per cent," he ruefully admitted. Ms Zohra Chatterji, joint secretary, I&B ministry felt that putting "an independent regulator in place would help resolve many of these issues. But for some reason, broadcasters are opposed to such a move".

The Financial Express |

‘Local content will enliven animation growth’

The Indian animation industry, worth an estimated Rs 1,740 crore in 2008, is passing through an uncertain phase presently, faced with challenges like financing, distribution and production.

In this regard, Matthew John, chief general manager, Exim Bank, said, "There is a need for developing local content and properties in the Indian animation sector. Animation houses need to focus on strong scripts and story lines to generate better content."

He also said that given the economic slowdown, it is not feasible to invest in new business set ups.

On the contrary, acquisition of sick companies overseas is a much better option to leverage revenue. It makes better business sense to focus on bankable proposals, rather than investing in setting up new brand equity, he noted.

According to a KPMG report on the media and entertainment industry, the Indian animation industry is minuscule compared to global animation business. The global animation industry, incidentally, is projected to clock revenues in excess of Rs 1,53,000 crore by 2010.

The Indian animation industry, however, has been growing rapidly it had an estimated CAGR of 20.1% during 2006-08. The industry is estimated to touch Rs 3,900 crore by 2013. Among different segments of the industry, animation production services is projected to grow the fastest, at a CAGR of 17.8 % during 2009-13.

Alison Porter, head, emerging markets, Think London, UK, said, "The animation and gaming sector in India is developing, but it is behind the UK gaming industry. London has 49 gaming companies and the gaming business is worth $2 billion. There are 189 film companies and 513 TV companies there. The need of the hour, in this regard, is to have a matchmaker between these two potential markets and tackle recession by reducing costs."

It is essential to create a talent pool of animators in the country and tie-ups with foreign universities and educational alliances will work in favor of the animation sector in India, said panelists.

Acceptance of animation films in India is still a major challenge. Delegates at FICCI FRAMES felt that India needs to develop home-grown content as well as live action characters. Until these two aspects are worked upon, the future for the industry seems bleak, they opined.

The Hindu |

Media industry set to scale new heights

The Indian media and entertainment industry is projected to grow at 12.5 per cent over the next five years to scale Rs. 1,05,200 crore in 2013, according to a joint study done by FICCI (Federation of Indian Chambers of Commerce and Industry) and KPMG. The size of the Indian media and entertainment industry stood at Rs. 58,400 crore in 2008.

“The average Indian consumer is getting younger. Around 70 per cent of the country’s population is below 35 years of age. More than 50 per cent of the population is likely to be under the age of 30 even in 2015,” the report said. It went on to add that, “the emergence of Indian’s young middle class with greater earning power and higher disposable incomes signifies good potential for increased marketing and advertising spends in the country.”

The report found advertising revenue to be one of the main drivers behind the robust growth in the Indian media and entertainment industry. Ad revenue, it was estimated, had grown at a compounded annual growth rate of 17.1 per cent over the last three years. “Going forward, this is expected to exhibit a lower growth rate owing to the turbulent macro economic environment,” the report added. The report projected the ad revenue to grow at 12.4 per cent over the next five years. Within the advertising industry, the report projected the Internet advertising to grow at a CAGR of 27.9 per cent over the next five years, followed by radio advertising by 14.2 per cent, television advertising by 13.5 per cent and print advertising by 10 per cent.

Pointing to the emergence of new niche content genres across sectors in the Indian media and entertainment industry, the report predicted narrowcasting (which involved segmentation of target groups and coming out with content, programmes and formats specific to these groups) to increase further in the coming years. In the wake of IPL success (Indian Premier League), the report expected sports marketing to grow rapidly “as broadcasters start aggressively selling cricket and others sports as entertainment packages.”

With the increase in the spending power of population in smaller cities, the report found Tier-II and Tier-III cities emerging as important growth centres. “Regional content is emerging as one of the significant aspects of customisation of content and, hence, is emerging as a significant growth driver for the media and entertainment industry,” the report said.

PBD |

Big B felicitated at FICCI-IIFA awards

Megastar Amitabh Bachchan was among the top ten bollywood personalities to be felicitated with the first FICCI-IIFA (International Indian Film Academy) Awards for the `Most Powerful Entertainers of the decade`.

The awards function which was held here last night to commemorate the 10th anniversary of FICCI-FRAMES and IIFA saw Bachchan and actresses - Kareena Kapoor, Priyanka Chopra, Preity Zinta and Shilpa Shetty - collecting their trophies while the other winners - Aamir Khan, Shah Rukh Khan, Akshay Kumar, Aishwarya Rai and Hrithik Roshan - did not make it.

The evening also witnessed the presentation of the FICCI-USIBC (US-India Business Council) Award to hollywood actor and leading social activist Danny Glover and to Congressman John Lewis.

Speaking on the occasion, Bachchan recalled that he had completed 40 years in the showbiz on February 5.

"I am happy at being a part of the film industry which is a symbol of national integration," he said.

When Danny referred to Bachchan as the greatest actor in the world, an apparently embarrassed Big B thanked him for the compliment.

Later in his blog, Bachchan wrote if there was space beneath his chair, he would have disappeared in there.

The Financial Express |

‘DTH licence fee may be slashed to 6% of revenue’

The government has proposed to bring down the licence fee for DTH players to 6% of their gross revenue, from the existing 10%. This information was shared by Sushma Singh, secretary, I&B ministry, while speaking at the FICCI FRAMES international convention in Mumbai on Tuesday.

As the Indian film industry is largely entrepreneur driven, the government will also attempt to provide fiscal concessions to promote films, ease procedures relating to obtaining government certifications, film archiving and human resources.

India is the largest producer and consumer of films in the world, and 100% FDI in the area could open many avenues and boost indigenous content, noted Singh. She said that this year, the government plans to simplify grants and permissions for shooting in India. Additionally, it has also agreed on audio visual co-production ventures with countries like Brazil and China.

“The success of a few Hindi films can be attributed to co-production agreements between India and the US,” said Singh.

Meanwhile, the animation, gaming and VFX industry are set to grow further. After having tasted success in Phase II plans of the FM policy, the government plans to increase the third phase to around 275 cities and 790 channels.

To mitigate rising costs on ad spend, the government has also allowed political advertising on radio.

Singh also said that the ministry of I&B aims to open up induction of technology for the media and entertainment industry. The IPTV policy, launched in September 2008, provided a new experience to consumers, allowing 4,000 permitted channels till date.

The broadband penetration in India is 4.75 million and the IPTV subscriber base is expected to grow to 20 million by 2010. Currently, China and Korea comprise more than half of the IPTV market in the Asia Pacific region. India is viewed as the next largest market for IPTV in the region.

The Financial Express |

Censor Board must have last word on films release

FICCI FRAMES, Asia`s largest media and entertainment convention, celebrated the completion of a decade this year.

Dignitaries on the first of the three-day event included those from the government, film and television fraternity.

Anand Sharma, minister of state for information and broadcasting and external affairs, Yash Chopra, film director and chairman of the FICCI entertainment committee and Yashraj Films, Kunal Dasgupta, co-chairman of FICCI and the CEO of Sony Entertainment Network, Sushma Singh, secretary of the ministry of IandB, were some of the people present in the convention.

Also present were actor Deepika Padukone, Amit Khanna, chairman of Reliance Entertainment Pvt Ltd and Donald Whiteside, VP, legal and corporate affairs director, global public policy, Intel Corporation.

Filmmaker Karan Johar was appointed the joint co-chairman of the FICCI entertainment committee.

Yash Chopra, chairman, FICCI, said, "The entertainment industry is facing a slowdown last year was a bad phase for the sector. In times of crisis like these, all sectors of the industry should rethink their mistakes and learn from them."

Highlighting the fact that films have been banned from thea-tres owing to various social and political issues, he noted that the Censor Board of India should have the last word regarding a film`s release. "No state has the right to ban films after it has been passed by the Censor Board," said Chopra.

Business Standard |

Declining ad spend to mute media growth story

Advertising spends across the media and entertainment spectrum are likely to dip by about 4.6 per cent over the next five years, states a a joint study on the sector by Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG-India. The report was released at the three-day FICCI Frames 2009.

The report expects the advertising spend to grow at a compounded annual growth rate (CAGR) of 12.5 per cent over the next five years, down 4.6 per cent from the CAGR of 17.1 per cent over the past three years.

The report also highlights some challenges in the market environment for the sector due to the slowdown in revenues, which have been substantial in the last quarter of 2008. Television, print and radio were among those substantially affected and this is estimated to continue into the current year.

Industry leaders who had gathered at the convention noted the need to draw upon new capabilities to survive and grow in this environment. “Media companies are likely, in the immediate future, to focus more on operating margins, and assess opportunities for consolidation, while building on core strengths,” said Rajesh Jain, head-information, communication & entertainment at KPMG.

“We all need to think out of the box to cut costs,” said Yash Chopra, veteran film producer, who is chairman of FICCI’s entertainment committee.

There are opportunities: As FICCI secretary-general Amit Mitra notes, India is one of the few countries where economic growth will still be led by domestic consumption. “With a low advertising spend to GDP ratio of 0.47 per cent, a growing consumer class and middle class, a young population, low media penetration and increasing discretionary spending, India continues to be an attractive market for M&E,” he says.

Growing acceptance of digital TV distribution technology, entry of direct-to-home (DTH) players, the success of many small-budget movies, and rising competition in the regional market were, the report states, some of the previous year’s highlights. And IPL showed the run-away success possible with innovation in traditional formats.

Business Standard |

Government may lower DTH licence fee

The government is considering a proposal to decrease the licence fee for direct-to-home (DTH) players by 4 per cent. “We will deliberate on the matter. This amendment to the existing licence condition could lead to healthy competition among the DTH operators. Other delivery platforms will also be forced to innovate, bringing considerable benefit to the consumers,” said Sushma Singh, secretary, Ministry of Information & Broadcasting at the sidelines of the conference.

Minister of State for Information and Broadcasting and External Affairs, Anand Sharma, announced plans to set up a national centre for animation, gaming and VFX. The centre will address the growing need for skilled manpower in the newer industry verticals.

The minister added the government would raise the issue before the Empowered Committee on value-added tax. GST is slated for introduction from April, 1, 2010.

“We will consider the entertainment industry’s demand, articulated by FICCI, for inclusion of entertainment tax in GST itself, so that there is a single tax on the industry,” the minister said.

Responding to the observations made by Harsh Pati Singhania, president, FICCI, Sharma said the government was prepared to consider further requirements of the media and entertainment industry to help it weather any adverse fallout of the global economic crisis.

Sushma Singh added the government was working on devising a suitable regulatory framework for digitalisation of cable services. “This is a key factor in getting rid of problems such as under-declaration of subscribers and the practice of carriage fee being charged by cable operators, particularly in major TRP-providing cities.”

She added the government was in the process of amending the FM Phase II policy for the launch of FM Phase III in about 275 cities, with as many as 790 channels.

“We are also trying to resolve issues like music royalties. We hope that these initiatives will enhance the growth rate further,” Singh said.

Business Standard |

Declining ad spend to mute media growth story

Advertising spends across the media and entertainment spectrum are likely to dip by about 4.6 per cent over the next five years, states a a joint study on the sector by Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG-India. The report was released at the three-day FICCI Frames 2009.

The report expects the advertising spend to grow at a compounded annual growth rate (CAGR) of 12.5 per cent over the next five years, down 4.6 per cent from the CAGR of 17.1 per cent over the past three years.

The report also highlights some challenges in the market environment for the sector due to the slowdown in revenues, which have been substantial in the last quarter of 2008. Television, print and radio were among those substantially affected and this is estimated to continue into the current year.

Industry leaders who had gathered at the convention noted the need to draw upon new capabilities to survive and grow in this environment. “Media companies are likely, in the immediate future, to focus more on operating margins, and assess opportunities for consolidation, while building on core strengths,” said Rajesh Jain, head-information, communication & entertainment at KPMG.

“We all need to think out of the box to cut costs,” said Yash Chopra, veteran film producer, who is chairman of FICCI’s entertainment committee.

There are opportunities: As FICCI secretary-general Amit Mitra notes, India is one of the few countries where economic growth will still be led by domestic consumption. “With a low advertising spend to GDP ratio of 0.47 per cent, a growing consumer class and middle class, a young population, low media penetration and increasing discretionary spending, India continues to be an attractive market for M&E,” he says.

Growing acceptance of digital TV distribution technology, entry of direct-to-home (DTH) players, the success of many small-budget movies, and rising competition in the regional market were, the report states, some of the previous year’s highlights. And IPL showed the run-away success possible with innovation in traditional formats.

The Hindu |

FICCI initiative to include entertainment tax in GST

The Central Government will take up with the Empowered Committee on VAT (Value Added Tax) the media and entertainment industry’s demand for subsuming entertainment tax in the Goods and Services Tax (GST), which is slated for introduction from April 2010, Minister of State for Information and Broadcasting and External Affairs Anand Sharma said here on Tuesday.

Global convention

Speaking to the media on the sidelines of the Federation of Indian Chambers of Commerce and Industry (FICCI) Frames 2009, the 10th edition of the global convention on business of entertainment, Mr. Sharma said, “We will consider the entertainment industry’s demand, articulated by FICCI, for inclusion of entertainment tax in GST itself, so that there is single tax on the industry.”

Mr. Sharma said, a regulatory framework from the technology point of view, like the one for the telecom industry, was under discussion and a decision was expected soon.

Responding to the observations by FICCI President Harsh Pati Singhania, Mr. Sharma said, the Government was prepared to consider the further requirements of the industry to weather the adverse fallout of the global economic crisis. The Government, he said, had increased the DAVP (Directorate of Advertising and Visual Publicity) advertisement rates by 24 per cent to give relief to the media industry in view of the recent increase in newsprint rates and recently the customs duty on imported newsprint has been lowered. “We are still open and are willing to come out with a new relief package to provide stimulus to the industry,” Mr. Sharma said . The Minister said, “We want to create an environment that is welcoming to those who want to do business with and in India through joint ventures and collaborations. While there is full freedom to make any type of films in the country, the industry has a responsibility in ensuring that the larger interests of the society are addressed.”

Sushma Singh, Secretary, Ministry of Information and Broadcasting, said the Government was working on devising a suitable regulatory framework for digitisation of cable services. “This is a key factor in getting rid of problems such as under-declaration of subscribers and the practice of carriage fee being charged by cable operators, particularly in TRP (Television Rating Point) cities,” she added.

She said, another policy intervention being considered by the government was the prescription of a time period of five years within which the existing and new MSOs (multi-system operators) and LCOs (local cable operators) will have to digitise with some incentivisation from the licence fee as also support from the USO Fund for setting up two-way cable networks for providing broadband services in rural areas.

Beyond the five-year period, no new licence for cable operation will be given for analog services.

The Ministry of I & B, the Secretary said, was also working on extending the CAS (Conditional Access System) area first to the remaining parts of Delhi, Mumbai and Kolkata and then to the 55 cities as suggested by the Telecom Regulatory Authority of India (TRAI) group.

The Financial Express |

Media, entertainment grows 12%

The Indian media and entertainment industry, which was pegged at Rs 58,400 crore in 2008, grew 12.4 % over the previous year. The industry is projected to grow at a compound annual growth rate (CAGR) of 12.5% to reach the size of Rs 1,05,200 crore by the year 2013, according to the FICCI & KPMG report 2009 released at FICCI FRAMES, one of Asia’s largest media and entertainment convention.

Anand Sharma, minister of state for information and broadcasting and external affairs, government of India said, “The world of cinema is rapidly changing and the media and entertainment industry has grown over the last decade with technological explosion growing particularly in information and entertainment.”

The filmed entertainment sector is estimated to have grown at a CAGR of 17.7% over the past 3 years. The industry revenues have grown to around Rs 10,930 crore in size in 2008, a growth of 13.4% over 2007. Over the next five years, the industry is projected to grow at the CAGR of 9.1% and reach the size of Rs 16,860 crore by 2013. As the demand for Indian films in the US and other overseas markets has increased, the Indian film industry is set to reach almost 100 countries in the coming years. The sector will experience an expansion of multiplex screens resulting in better realisations, increase in number of digital screens facilitating in wider film prints releases, enhanced penetration of home video segment, increase in number of TV channels fuelling demand for film content resulting in higher cable and satellite acquisition costs, improving collections from the overseas markets.

According to Harsh Pati Singhania, president FICCI and MD, JK Paper Ltd, the Indian entertainment sector is not recession proof and the market environment has become increasingly challenging as there was a consequent slowdown in advertising revenues, especially in the last quarter of 2008. Advertising spends grew at CAGR of 17.1% in the past three years. Going forward, it is expected to exhibit a robust growth rate at CAGR of 12.4% over the next five years.

The TV industry is on an unprecedented high due to the launch of DTH and IPTV platforms. The industry is estimated to have reached a size of Rs 24,100 crore, a growth of 14.2% over 2007.

The television industry is projected to grow at the rate of 14.5% over 2009-13 and reach a size of Rs 47,300 crore. Sectors like the out of home (OOH) media, FM sector and the animation industry will experience an upsurge.

The Financial Express |

Censor Board must have last word on films release

FICCI Frames, Asia`s largest media and entertainment convention, celebrated the completion of a decade this year.

Dignitaries on the first of the three-day event included those from the government, film and television fraternity.

Anand Sharma, minister of state for information and broadcasting and external affairs, Yash Chopra, film director and chairman of the FICCI entertainment committee and Yashraj Films, Kunal Dasgupta, co-chairman of FICCI and the CEO of Sony Entertainment Network, Sushma Singh, secretary of the ministry of I&B, were some of the people present in the convention.

Also present were actor Deepika Padukone, Amit Khanna, chairman of Reliance Entertainment Pvt Ltd and Donald Whiteside, VP, legal and corporate affairs director, global public policy, Intel Corporation.

Filmmaker Karan Johar was appointed the joint co-chairman of the FICCI entertainment committee.

Yash Chopra, chairman, FICCI, said, "The entertainment industry is facing a slowdown last year was a bad phase for the sector. In times of crisis like these, all sectors of the industry should rethink their mistakes and learn from them."

Highlighting the fact that films have been banned from thea-tres owing to various social and political issues, he noted that the Censor Board of India should have the last word regarding a film`s release. "No state has the right to ban films after it has been passed by the Censor Board," said Chopra.

Business Line |

Govt to hike DAVP ad rates by 10%

The Information and Broadcasting (I&B) Ministry has decided to hike the advertising rates of the Directorate of Advertising and Visual Publicity (DAVP).

Mr Anand Sharma, Minister of State for Information & Broadcasting & External Affairs, said on the sidelines of FICCI Frames 2009 that the Government has decided to hike the advertising rates of the DAVP by 10 per cent across the board.

Earlier, the I&B Ministry had accepted the proposal of the print media industry to waive the 15 per cent commission that was given on the ads. Overall, this would mean a 25 per cent increase in DAVP ad rates.

“We believe adequate measures have been taken but if there is a need, the Government was prepared to consider the further requirements of the media and entertainment industry to weather the adverse fallout of the global economic crisis,” said Mr Sharma.

Last year, the Government had increased the DAVP advertisement rates by 24 per cent to give relief to the media industry in view of the recent hike in newsprint rates and recently the customs duty on imported newsprint has been lowered. “We are still open and are willing to come out will a new relief packages to provide a stimulus to the industry,” he added.

The Government will also allow political advertisements on FM radio due to decrease in ad spends, he added.

Direct-to-home operators will also be cushioned by the Government as Mr Sharma said that the Government is considering a reduction in licence fee for Direct-to Home (DTH) to six per cent of gross revenue from the prevailing rate of 10 per cent.

FM policy

Ms Sushma Singh, Secretary, Ministry of Information & Broadcasting, said that the Government was in the process of amending the FM Phase II policy for the launch of FM Phase III. “This phase will cover 275 cities with around 790 channels,” she said.

She added the Government was working on devising a suitable regulatory framework for digitalisation of cable services. “This is a key factor in getting rid of problems such as under-declaration of subscribers and the practice of carriage fee being charged by cable operators, particularly in TRP cities.”

Ms Singh said another policy intervention being considered by the government is the prescription of a time period of five years within which the existing and new Multi Service Operators and Local Cable Operators will have to digitalise with some incentivisation from the license fee. “Beyond the five-year period, no new license for cable operation will be given for analog services,” she added.

The ministry is also working on extending the CAS area first to the remaining parts of Delhi, Mumbai and Kolkata and then to the 55 cities as suggested by the TRAI group.

“Because of the large potential of the mobile TV sector and the interest shown by the industry, the Government was also working on laying down a suitable regulatory framework for enabling the private players to provide mobile TV services. This will take the convergence of services to the next higher level,” Ms Singh pointed out.

Business Line |

Media and entertainment industry bet on IPL to beat the slump

The Indian Premier League, which has emerged as a hot media property and redefined the concept of sports in India, is likely to continue its upbeat streak, despite the recessionary trends.

Industry experts at the FICCI Frames 2009, which saw a large gathering of media and entertainment industry players, feel that the forthcoming second edition of the T20 event will attract advertisers and media buyers at the same pace.

Echoing the industry’s sentiments, the annual FICCI-KPMG report on the industry said, “Gauging by industry reaction, IPL is expected to continue as a prime driver in the media and entertainment industry for the coming year.”

Ad rates

Further, advertising rates for other cricket telecasts are also expected to increase, since the IPL may be used as future reference points by broadcasters.

Indeed, IPL has provided a significant leg-up to the advertising industry. According to estimates, IPL is expected to bring in Rs 1,190 crore, generating TV advertising worth Rs 650 crore, get sponsorship (both team and central) worth Rs 290 crore and stadium advertisement of Rs 80 crore every year.

TV revenues

A consortium consisting of Sony Entertainment Television and Singapore-based World Sport Group acquired the 10-year global broadcasting rights of IPL for $1.026 billion. As part of the deal, the consortium is to pay the BCCI $918 million for the television broadcasting rights and $108 million for the promotion of the tournament.

After securing the bid, Sony-WSG had re-sold parts of the broadcasting rights geographically to other companies.

The KPMG report points out that the acquisition cost was then considered steep for the domestic tournament. “SET has to pay $316 million in equal instalments over the initial five years and $608 million for the rest five years. This means SET has to pay about Rs. 253 crore to BCCI in 2008. However, with the success and popularity of the tournament, the investment seems to have paid off for the broadcaster.”

Viewership

Last season, the viewership that the event attracted had pushed up advertisement rates for a 10-second slot to Rs 5-10 lakh, which was marked Rs 2 lakh at the start of the tournament. FMCG companies such as ITC, Mother Dairy and Nestle, besides insurance companies, Pizza Hut and Cipla were the leading advertisers last season.

Team strengths

“IPL’s ability to sustain and grow its popularity in the long-term depends on the ability of individual franchises to break out and become large media properties on their own.

“Franchisees may also have to increase their marketing and promotional spends to effectively monetise their fan base and build brands out of their respective teams. Apart from finding more team sponsors, franchisees may try to increase the mix of premium seating in their home stadiums and generate revenues from food and beverages,” the reports feels.

In any case, the league itself is also set to expand with the addition of four new franchisees from 2009-10, which could generate additional opportunities for advertisers.

The Hindu |

FICCI initiative to include entertainment tax in GST

The Central Government will take up with the Empowered Committee on VAT (Value Added Tax) the media and entertainment industry’s demand for subsuming entertainment tax in the Goods and Services Tax (GST), which is slated for introduction from April 2010, Minister of State for Information and Broadcasting and External Affairs Anand Sharma said here on Tuesday.

Global convention

Speaking to the media on the sidelines of the Federation of Indian Chambers of Commerce and Industry (FICCI) Frames 2009, the 10th edition of the global convention on business of entertainment, Mr. Sharma said, “We will consider the entertainment industry’s demand, articulated by FICCI, for inclusion of entertainment tax in GST itself, so that there is single tax on the industry.”

Mr. Sharma said, a regulatory framework from the technology point of view, like the one for the telecom industry, was under discussion and a decision was expected soon.

Responding to the observations by FICCI President Harsh Pati Singhania, Mr. Sharma said, the Government was prepared to consider the further requirements of the industry to weather the adverse fallout of the global economic crisis. The Government, he said, had increased the DAVP (Directorate of Advertising and Visual Publicity) advertisement rates by 24 per cent to give relief to the media industry in view of the recent increase in newsprint rates and recently the customs duty on imported newsprint has been lowered. “We are still open and are willing to come out with a new relief package to provide stimulus to the industry,” Mr. Sharma said . The Minister said, “We want to create an environment that is welcoming to those who want to do business with and in India through joint ventures and collaborations. While there is full freedom to make any type of films in the country, the industry has a responsibility in ensuring that the larger interests of the society are addressed.”

Sushma Singh, Secretary, Ministry of Information and Broadcasting, said the Government was working on devising a suitable regulatory framework for digitisation of cable services. “This is a key factor in getting rid of problems such as under-declaration of subscribers and the practice of carriage fee being charged by cable operators, particularly in TRP (Television Rating Point) cities,” she added.

She said, another policy intervention being considered by the government was the prescription of a time period of five years within which the existing and new MSOs (multi-system operators) and LCOs (local cable operators) will have to digitise with some incentivisation from the licence fee as also support from the USO Fund for setting up two-way cable networks for providing broadband services in rural areas.

Beyond the five-year period, no new licence for cable operation will be given for analog services.

The Ministry of I & B, the Secretary said, was also working on extending the CAS (Conditional Access System) area first to the remaining parts of Delhi, Mumbai and Kolkata and then to the 55 cities as suggested by the Telecom Regulatory Authority of India (TRAI) group.

The Financial Express |

Media, entertainment grows 12%

The Indian media and entertainment industry, which was pegged at Rs 58,400 crore in 2008, grew 12.4 % over the previous year. The industry is projected to grow at a compound annual growth rate (CAGR) of 12.5% to reach the size of Rs 1,05,200 crore by the year 2013, according to the FICCI & KPMG report 2009 released at FICCI FRAMES, one of Asia’s largest media and entertainment convention.

Anand Sharma, minister of state for information and broadcasting and external affairs, government of India said, “The world of cinema is rapidly changing and the media and entertainment industry has grown over the last decade with technological explosion growing particularly in information and entertainment.”

The filmed entertainment sector is estimated to have grown at a CAGR of 17.7% over the past 3 years. The industry revenues have grown to around Rs 10,930 crore in size in 2008, a growth of 13.4% over 2007. Over the next five years, the industry is projected to grow at the CAGR of 9.1% and reach the size of Rs 16,860 crore by 2013. As the demand for Indian films in the US and other overseas markets has increased, the Indian film industry is set to reach almost 100 countries in the coming years. The sector will experience an expansion of multiplex screens resulting in better realisations, increase in number of digital screens facilitating in wider film prints releases, enhanced penetration of home video segment, increase in number of TV channels fuelling demand for film content resulting in higher cable and satellite acquisition costs, improving collections from the overseas markets.

According to Harsh Pati Singhania, president FICCI and MD, JK Paper Ltd, the Indian entertainment sector is not recession proof and the market environment has become increasingly challenging as there was a consequent slowdown in advertising revenues, especially in the last quarter of 2008. Advertising spends grew at CAGR of 17.1% in the past three years. Going forward, it is expected to exhibit a robust growth rate at CAGR of 12.4% over the next five years.

The TV industry is on an unprecedented high due to the launch of DTH and IPTV platforms. The industry is estimated to have reached a size of Rs 24,100 crore, a growth of 14.2% over 2007.

The television industry is projected to grow at the rate of 14.5% over 2009-13 and reach a size of Rs 47,300 crore. Sectors like the out of home (OOH) media, FM sector and the animation industry will experience an upsurge.

livemint.com |

Media, entertainment industry expected to grow 7% this year

The growth story in India’s media and entertainment business isn’t over, says a report by audit and consulting firm KPMG and industry lobby Federation of Indian Chambers of Commerce and Industry (FICCI).

The business, which grew 12.3% over 2007 (12 months to December) to Rs58,400 crore in 2008, will grow 7% in 2009, adds the report. And in 2010, it will grow 10%.

According to the report, the rate of expansion will accelerate over the next five years to 2013 by which time the business will be worth Rs1.05 trillion. That translates into a compounded average growth rate of 12.5% over the five years.

This rate of expansion, however, is slower than the 15% compounded average growth rate at which the business grew in the five years to 2008.

That compares with the growth in advertising as well. Ad spends grew 17.1% a year over the past three years as companies sought to pitch their products and services to a growing number of well-heeled customers in an economy that was expanding by at least 9% a year.

Over the next five years, however, according to the KPMG-FICCI report, ad spends could grow by 12.4% a year—the result of a slowing economy that is expected to grow by 7.1% in 2008-09 and maybe lower in 2009-10.

The report’s definition of media and entertainment encompasses television, print media, films, music, radio, outdoor advertising, animation, gaming and Internet advertising.

“India is one of the few countries where economic growth will be led by domestic consumption,” Amit Mitra, secretary general, FICCI, said in a release. “With a low advertising spend-to-GDP (gross domestic product) ratio of 0.47%, a growing consumer class and middle class, young population, low media penetration and increasing discretionary spending,India continues to be an attractive market for media and entertainment.”

The numbers should bring some cheer to an industry that has been hit hard over the past few months. “There is a sense of caution that has set in in the past few months because of a global slowdown and pressing short-term concerns,” says Ajit Varghese, managing director, Maxus, a media buying agency and part of WPP Group’s media specialist company GroupM. “As a result, advertisers are now looking at efforts which can generate immediate results rather than making long-term investment.”

Still, the challenges posed by this could see the emergence of new business models. “Media companies are under pressure to change, innovate and re-examine their existing business models. Players need to draw upon new capabilities to survive in this environment,” said Rajesh Jain, head (information, communication and entertainment), KPMG India.

An expert at a rival firm agrees. “For instance, newspaper and television companies will work towards increase revenues from subscription by moving from an advertising-led business model to a subscription-led business,” says Farokh Balsara, partner and head, media and entertainment, Ernst and Young India.

Hindustan Times |

Media, entertainment biz valued at $11.68 bn

The Indian media and entertainment industry was a $11.68 billion (Rs.584 billion) business in 2008, growing at 15 percent annually since 2006, says the annual joint study of a leading chamber and a consultancy released here Tuesday. But the growth projection for the industry for 2009-13 has been lowered to 12.5 percent per annum from 18 percent for 2008-12, says the joint study by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG.

The Indian Express |

Media to grow at 12.5 pc

Though the economic slowdown will affect the profitability of advertising-driven sectors like print, radio and outdoor sectors, the media and entertainment industry is still expected to have a CAGR of 12.5 per cent over the next five years, says a study. The Indian media and entertainment industry stood at Rs 58,400 crore in 2008, a growth of 12.4 per cent over the previous year, and it will reach the size of Rs 1, 52,000 crore by 2013, says a FICCI and KPMG report.

In the last three years advertising spends grew 17.1 per cent annually, but it could slow to 12.4 per cent over the next five, it said. According to the study, sports media is seen to grow quickly as broadcasters, encouraged by cricket’s IPL, start aggressively selling sports as entertainment packages. The print media industry is estimated to have grown by 7.6 per cent in 2008 and is reaching around Rs 17,260 crore in size. It is projected to grow at a CAGR of 9 per cent over the next five years to reach around Rs 26,600 croreby 2013.

The television industry is projected to grow at the rate of 14.5 per cent over 2009-13 and reach a size of Rs 47,300 crore. The film entertainment sector is estimated to have grown at a CAGR of 17.7 per cent over the past three years. The industry has clocked revenues of around Rs 10,930 crore in 2008, a growth of 13.4 per cent over 2007. Over the next five years, the industry is projected to grow at the CAGR of 9.1 per cent and reach the size of Rs 16,860 crore by 2013.

The fastest growing sector would be gaming as it is expected to grow at a CAGR of 33 per cent over 2009-13 to reach Rs 2,740 crore.

Mail Today |

Media to be $21-bn industry by 2013

The Indian media and entertainment business that grew 15 percent annually since 2006 into a $11.68-billion (Rs.584 billion) industry in 2008 is seen to top $21 billion over the next five years, says a joint study by a leading chamber and a consultancy released Tuesday.

But the growth projection for the industry for 2009-13 has been lowered to 12.5 percent per annum from 18 percent predicted earlier for 2008-12, due to current economic meltdown, adds the study by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG.

The Tribune |

Jora beckons Bollywood

After Chief Minister Omar Abdullah recently invited India Inc to Jammu and Kashmir, it was the turn of Minister for Tourism and Culture Nawang Rigzin Jora to woo Bollywood in a hope to see cameras rolling in the state abundant in scenic beauty.

Jora urged Bollywood to revive its old bonds with the state saying that the new state government will play a perfect host and extend all pssible help to facilitate shooting of their films.

A press note issued by the State Information Department said the minister was addressing FICCI Frames, 2009, one of the biggest entertainment events of Asia, in Mumbai today.

The occasion was graced by all big names of Bollywood that include Yash Chopra, Karan Johar, Ramesh Sippy, Bobby Bedi, Deepika Padukone, Poonam Dhillon and others.

Encouraged by the latest film shoot ‘Lamha’ starring Sanjay Dutt in the valley, Jora said the state government was taking all measures to make Bollywood feel at home while shooting their films in the state.

“The state is fully equipped and a perfect replacement for expensive foreign locations like Switzerland or New Zealand," he said. He interacted with producers and other delegates and assured them all help while shooting their films in the state.

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Frame Your Idea (FYI) a big hit at Frames 2019

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Broadcasting rights are the fuel for any sport to grow: Matthew Kurlanzik, Director, Government Relations, Asia, 21St Century Fox.

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Need to adopt best standards and align workforce expertise with needs of Industry 4.0: Atul Chaturvedi, Additional Secretary, DPIIT

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First shipment on TIR arrives in India from Afghanistan via Iran's Chabahar Port

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Indian Media and Entertainment industry clocks 13% growth to reach INR 1.67 trillion in 2018: FICCI-EY report

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Need to focus on self-regulation to allow M&E industry to grow: Amit Khare, Secretary, I&B at FICCI FRAMES 2019

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FICCI welcomes sharing of AIR news feed by Prasar Bharati to private FM radio channels

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FICCI partners with AACTA Asia International Engagement Program in partnership with Shanghai International Film Festival for China-India Film & Cultural Exchange Panel Discussion

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Showcasing diversity, furthering collaborations, the agenda for India at Cannes

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Media and entertainment industry in 2017 grew by almost 13% to reach INR 1.5 trillion: FICCI - EY report 2018

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FICCI to launch international contents market

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Copyright can unleash India's creative and economic potential

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Lack of cinema screens, piracy, high ticket prices at multiplexes & new movies on TV reducing the number of footfalls in cinemas houses

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Emissions need to be cut down by 20% in next 15 years to stand a chance to stay below 2 degrees

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In the era of digitization, integrated newsrooms and industry partnerships is the way forward for newspapers

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BAF Awards for animation, gaming and VFX presented at FICCI FRAMES 2017 in Mumbai

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'The Hungry' is a rare example of Indo-UK co-production in 2017, the Indo-UK Year of Culture

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Indian M&E industry could collaborate with Canadian producers via co-production, co-ventures and service providers

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Challenges and opportunities in the digital world spelt out; need for partnerships to create a digitally empowered society

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Maharashtra IG, Police (Cyber) gives a clarion call to industry to collaborate with enforcement agencies to combat piracy & counterfeiting

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Industry and Govt. officials do a reality check on M&E industry

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Censorship challenges of fringe elements will be overcome through the strength of Constitution and rule of law: I&B Secretary Copyright Board to oversee implementation of IP laws for film industry in the offing 3-day FICCI FRAMES 2017 gets under way

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India-Canada Co-production partnership in film making spelt out

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Media and entertainment industry to grow at a faster pace of 14% over the period of 2017-21: FICCI - KPMG report 2017

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30-Member FICCI Business Delegation to Join 2016 Edition of FICCI-IIFA Global Business Forum in Madrid, Spain

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'Frame Your Idea' holds over 3000 meetings between idea owners and content producers at FICCI FRAMES

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To promote media and entertainment industry, government encouraging auto regulation and liberalizing security clearances: I&B Secy

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Best Animated Frames (BAF) Awards felicitate professionals from the fields of Animation, Visual Effects & Gaming

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Exclusive and premium content is the key to succeed in digital world

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MESC and AIFEC to organize 3-day workshop for 10,000 people working in the Film Industry

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FICCI signs MoU with City of Toronto to facilitate Indo Canadian Co-productions

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Indian films 'Chauthi Koot' and 'Masaan' are chosen under the 'Un Certain Regard' category at Cannes

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FICCI to host Hollywood, Indian film industry icons in Los Angeles for discussion on future of entertainment

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FICCI applauds the I&B Minister for his commitment for stable policy regime with transparency and time-bound mechanism a priority

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FICCI delegation meets I&B Minister; presents road map to boost M & E sector, hails proposal for dedicated DD channel for kids and animation

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India Pavilion at Cannes 2014 to showcase the world of Indian cinema in its centenary year

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Kamal Hassan to inaugurate India Pavilion at Cannes Film Festival, France

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FICCI FRAMES 2014, to discuss reforms regulatory mechanisms & implementation of policies

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Indian Media & Entertainment industry grew by 12 per cent in 2013 and touched INR 920 billion, says FICCI-KPMG Report

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Kamal Haasan is being awarded the Padma Bhushan, FICCI reaffirms its commitment to realizing Dr Haasan's vision

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FICCI condoles the demise of film maker Rituparno Ghosh

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Indian Media & Entertainment industry to achieve growth of 11.8 percent in 2013 and touch INR 917 billion, says FICCI-KPMG report

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Star India CEO, Uday Shankar, is new Chairman of FICCI's Media & Entertainment Committee

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Industry Achieves 11 per cent Growth in 2010; Is projected to Grow at CAGR of 14 per cent Over Next Five Years

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FICCI FRAMES 2011 to Be Opened By Sachin Pilot on March 23 in Mumbai

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Delegation to the Finance Minister accompanied by Minister of Information & Broadcasting & FICCI presented Budget Recommendations today in a meeting of CEOs from Film, Television, Radio and Animation, Visual effects, Gaming & Comic Sector

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Gravest Threat to Newspaper Industry is Disregard

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3-Day FICCI FRAMES 2010 Opens in Mumbai

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