Category: MEDIA

  • Shailesh Kapoor: OOH Media: Television Marketing’s Favourite Indulgence

    By Shailesh Kapoor

     

    Two decades of satellite television in India have seen many changes, including some watershed ones. But the more things change, the more they remain the same. Sometimes, there can be greater insight hidden in what has remained the same, than what has changed. For the television business, it is their love for the outdoor media that has stood like a rock for two decades now.

     

    This love started as a natural fallout of the reverence the television industry had for Bollywood in the early ’90s. Anything films would do for promotions was seen as cool and even effective. Never mind if measures existed or not, or if the target audience of the TV show in question had any connection with theatre audience profile or not. That being the context, “how many hoardings” was a very important question.

     

    In one of my early assignments in 2000, I was in charge of launching a new weekly fiction series. Working with frugal marketing spends, we decided to stay away from the outdoor media. Little did we know what was in store for us. About two weeks before the launch, the producers decided to hold back episode deliveries because they felt their show was not being promoted well. “We don’t see any banners”.

     

    An executive producer in the week before a show launch can be a bundle of raw nerves and hence a mess to deal with. “They are saying we don’t see any banners”. After decoding the terminology in my head (banners, hoardings, billboards, posters… all used interchangeably in India, I now know) I replied: “If they could see any, it won’t be short of a miracle. I don’t have a budget to take any outdoor on this launch.”

     

    A day later though, I was at the producer’s office, showing them outdoor creative, and taking them through the Mumbai outdoor plan, which included about five hoardings, out of which at least two were in Juhu, within a couple of miles from the producer’s home-cum-office. I had been sanctioned an additional budget the previous evening to make this happen.

     

    Conversations around buying strategic outdoor sites that senior management encounters on the way from or to their home are not uncommon. “It will be very visible to the MD when he goes for his morning walk,” I was once told.

     

    Several channels invest in an outdoor plan to create buzz amongst the trade – the advertisers and the media planners. Perhaps that principle was valid in the ’90s. But today, non-digital media being used for trade marketing in the media industry can only be seen as a wasteful expense.

     

    Regarding the impact of outdoor on consumer awareness or sampling of a new launch, the less said the better. We have conclusive large-sample evidence to prove that general outdoor media contributes (make that NOTHING) in a film’s marketing plan. But point-of-sales OOH, i.e., advertising in the theatre, is highly effective. For television though, ‘point-of-sale’ is at home. The closest outdoor media to it is the mode of transport that brings a person home – the local trains, the metros, the local buses, etc. Even for them, effectiveness is limited, given that many launches target an audience that hardly steps out of home. In smaller towns (<1 lac population), the medium delivers better results as 3-4 sites can cover a sizeable proportion of the city at a fairly low cost.

     

    But the Mumbai story is one of indulgence and prestige, than one of intelligence and prudence. Upto 10-15% of marketing budgets of some launches are spent on just the Mumbai outdoor budget. There is no measurement of the impact. But by extension of that argument, there is no measurement of the wastage either. Little knowledge can be a dangerous thing, right?

     

    This is a classic case of the “If I see my own campaign a lot, I feel my campaign is very visible” syndrome. The syndrome has stayed with the industry for two decades. Bollywood has nurtured it for more than five decades, though they are now questioning it more than ever before.

     

    Hope television follows suit!

     

    TV Trails is a weekly column written by Shailesh Kapoor, founder and CEO of media insights firm Ormax Media. He spent nine years in the television industry before turning entrepreneur. The views expressed here are his own. He can be reached at his Twitter handle @shaileshkapoor

     

  • Ashish Bhasin is best Media CEO – India at 2014 Business Excellence Awards

    By a correspondent

     

    Ashish Bhasin of Dentsu Aegis has been declared the Media CEO of the Year – India at the 2014 Business Excellence Awards announced in London recently.

     

    Voted for by a worldwide network of professionals, advisers, clients, peers and business insiders, the Acquisition International Business Excellence Awards celebrate the individuals and firms whose commitment to excellence sees them exceeding clients’ expectations on a daily basis while setting the bar for others in their industry.

     

    The awards, open to businesses from any sector or region, are handed out solely on merit. They are given to only the most deserving businesses, departments and individuals who have consistently demonstrated outstanding innovation, performance and commitment to their business or clients over the past 12 months and who have received independent nominations from their clients or industry peers.

     

    Speaking about the awards, AI Global Media awards coordinator Siobhan Hanley said: “Our Business Excellence Awards are quickly becoming one of our most popular, with businesses all over the globe eager to showcase the amazing work they’ve been doing to achieve stellar results for their clients while really setting the standards for what can be achieved in their sector.  We’re proud to be able to showcase some of the most innovative and committed organizations from across the business world and the winners can be rightly proud of the game-changing work they’ve been doing over the past 12 months.”

     

    Ashish Bhasin

    Ashish Bhasin, Chairman & CEO South Asia – Dentsu Aegis Network, said “I am honored to receive the 2014 Business Excellence Award for Media CEO of the Year. I am lucky to have such a wonderful team at Dentsu Aegis Network.The award is for my team’s efforts, I am just receiving it in my name.  It’s been an amazing journey for Dentsu Aegis Network in India but the best is yet to come.”

     

     

  • Tata Sky unveils plans for 4K STB

    By A Correspondent

     

    Tata Sky has announced its plans to launch 4k set top boxes in India by early next year. The launch plans were unveiled last week when Tata Sky showcased the first ever live telecast with 4K technology on Sony Six HD using a 4k STB.

     

    The 2014 FIFA World Cup football match played between France & Germany was telecast on SD, HD and an (4k enabled) UltraHD television from Sony Electronics with live 4k feed of the football match on Sony six HD. 4K at 8.3 Megapixels (3840×2160) has approximately four times the pixilation as 2K (1920×1080) the current HD standard, thus providing far greater clarity and more vivid colours on screen for viewers.

     

    Vikram Mehra, Chief Commercial Officer at Tata Sky explained, “Being the market leader, we are always at the forefront of technology and have worked on delivering world class TV viewing experience. In today’s day and age, following global trends is not enough, we try to leapfrog them. Launch of 4k UHD STBs next year is another example of the same. 4K is the future for our subscribers and we are very happy to bring this preview to India for the first time together with Sony Six, showcasing the world’s biggest sporting festival.”

     

    Prasana Krishnan

    Prasana Krishnan, Executive VP and Business Head Sony Six, said “We are thrilled to associate with Tata Sky and Sony Electronics in demonstrating for the first time in India how 4k feed can completely take sports broadcasting to the next level and there is no better way to do it than with the world biggest sporting extravaganza 2014 FIFA World Cup Brazil on Sony Six. I am confident that this enhanced viewing experience will appeal to our sports loving consumers in India and 4k will mark the beginning of the next generation of high quality broadcasting in the country.”

     

  • Rebranded Eikona to offer solutions for Earned Media management

    By a correspondent

     

    After having set many proactive PR measurement and audit benchmarks for the industry, a vibrant and freshly rebranded Eikona is all set to aid the brand custodians (client organization and its agencies), with end to end solutions on brand management through Earned Media. The objective is to play an intrinsic role in helping clients and agencies at every step of their brand communications planning, execution and review process.

     

    Eikona shall offer holistic, neutral, one stop research and data solutions for Earned Media management. Eikona’s service span will include helping brand custodians listen to the mood of the market, set communications targets, monitor execution, audit & advisory and finally, establish Earned Media’s impact on brand reputation.

     

    LV Krishnan

    LV Krishnan, CEO, TAM Media Research, commenting on this initiative, said, “Our organization is very uniquely placed. While through TAM & RAM we help the industry understand the TV & Radio consumption patterns & dynamics of Indian consumers, what makes us come a full circle is our ability to not only monitor & correlate a brand’s Paid Media initiatives through ADEX and but also the Earned Media initiatives through Eikona. These data sets help industry scientifically understand and correlate brand’s Visibility as well as its Reputation.”

     

     

    Siddhartha Mukherjee

    Explaining Eikona’s focus on Earned Media management, Siddhartha Mukherjee, Sr. VP, Eikona, said, “We are living in a Reputation Economy. Here is where, Earned Media is fast moving towards the centre stage of any Brand Building or Sustenance exercise.  While the need to manage this space has become quintessential, it is the methodology of managing & leveraging Earned Media that is becoming a complicated combination of art & science. Eikona will focus its energies in helping Brand Custodians with step by step, end to end solutions starting with Communications Planning, Execution checks, Audits & Advisory, and finally, helping establish Earned Media’s impact on Brand Reputation scores.”

     

  • Roche Diagnostics hands over media mandate to MediaCom

    By a correspondent

     

    MediaCom India has won the media mandate for Roche Diagnostics India following a multi-agency pitch. MediaCom will handle all traditional and digital media for the company and their flagship brand Accu-Chek. Roche Diagnostics will be managed out of the west region. The pitch was led by Deepa Jatkar, General Manager, MediaCom Mumbai.

     

    Head quartered in Basel, Switzerland, Roche is a leader in research-focused healthcare with combined strengths in pharmaceuticals and diagnostics. Roche is the world’s largest biotech company, with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and neuroscience. Roche is also the world leader in in vitro diagnostics and tissue-based cancer diagnostics, and a frontrunner in diabetes management.

     

    Sidhartha Roy (Business unit head – India & Neighboring markets) said, “We are happy to work with MediaCom. We are keen on partnering with MediaCom as we think their strengths in analytics and planning will add value to our business & in line with our brand requirement”

     

    Debraj Tripathy, Managing Director, MediaCom India said, “We are delighted to partner with Roche Diagnostics in India and look forward to contributing to their growth. Our team is excited and is looking forward to working on building the brand.”

     

     

  • Asian Granito makes India debut with nationwide ad campaign

    Leading tiles company, Asian Granito India Ltd has launched its mega nationwide campaign ‘Sapne Huye Apne’ in 606 movie screens in the most premium cinema chains all over the country.

     

    Strategically timing it with the release of the most awaited releases in July and August this year, the company launched its first-of-its-kind marketing initiative in ceramic tiles industry, by making a cinematic debut and simultaneously showcasing its brands, products, designs across 606 movie halls across India in 5 languages.

     

    The new ‘Sapne Huye Apne’ TVC will run in 5 different languages across movie halls like PVR, INOX, Big Cinemas, Cinépolis and Fun Cinemas during the screening of movies like Bobby Jasoos, Humpty Sharma Ki Dulhania, Kick and Singham Returns which will be shown all over India.

     

    Speaking on this first-of-its-kind advertising campaign, Kapil Saini, Asst. Gen. Mgr-Marketing., Asian Granito India. Ltd. said, “It is for the first time in Indian Ceramic Industry that a company has come up with such a mega campaign across India. We will be launching the ‘Sapne Huye Apne’ campaign in 606 screens of premium cinema chains like PVR, INOX, Big Cinemas, Cinépolis and Fun Cinemas Through our ‘Sapne Huye Apne’ campaign, we want to make a direct connect with our target audience through movies.”

     

    The rationale behind this initiative creating a realisation that Asian Granito India Ltd, through its innovative products, is inseparable part of the dreams of people. This two-month long intensive advertising campaign will enable the company to make a direct connect with its end target audience through their favourite passions – movies.

     

  • Reliance Industries completes acquisition of Network18

    By A Correspondent

     

    HDFC chairman Deepak S Parekh and McKinsey senior adviser Adil Zainulbhai have been inducted as Independent Directors on the board of NW18. Meanwhile, RIL also informed that Raghav Bahl will continue to be on the Board of NW18 as a Non-executive Director

     

    Reliance Industries Limited (RIL) announced on Monday (July 7) that Independent Media Trust (IMT) of which RIL is the sole beneficiary, has completed the acquisition of control of Network 18 Media and Investments Limited (NW18) including its subsidiary TV18 Broadcast Limited (TV18).

     

    Apart from nominees of IMT, HDFC chairman Deepak S Parekh and McKinsey senior adviser Adil Zainulbhai have been inducted as Independent Directors on the board of NW18. Meanwhile, RIL also informed that Raghav Bahl will continue to be on the Board of NW18 as a Non-executive Director.

     

    With the completion of this transaction, IMT and RIL have become promoters of NW18 and TV18. The open offers to the public shareholders for acquisition of equity shares of NW18, TV18 and Infomedia Press Ltd. as announced on May 29, 2014 by IMT are in process and the Draft letter of offer has been filed with SEBI for its comments.

     

  • Mediaah! Will CNN-IBN survive without Rajdeep Sardesai?

     

    Mediaah! By Pradyuman Maheshwari

     

    Rajdeep Sardesai’s decision to quit CNN-IBN isn’t like that of an employee leaving any organisation. Had he not quit NDTV in 2005, he wouldn’t have not gone on to team up with Sameer Manchanda and Raghav Bahl and set up the channel.

     

    In Bahl, Rajdeep found an able ally and his teaming up with Manchanda, one of the sharpest brains in the business, ensured that the new channel started operations near-instantly. Rajdeep quit NDTV in April and CNN-IBN went on air in December 2005, and its instant success contributed much to Bahl’s fortunes as well as image of being a television news tycoon.

     

    Until early 2008, Rajdeep and his channel were the clear leaders. They had trounced NDTV early and the year 2006 and 2007 belonged to them. Rajdeep was voted ‘Impact Person of the Year’ in 2006 and was clearly the toast of town and the must-have guest in the capital’s political circuit.

     

    However, from 2008, after much fumbling and a really terrible take-off,  Times Now started gaining ground. This columnist, then writing on exchange4media.com, commented much to the annoyance of many how Arnab Goswami was a better, more aggressive, news anchor.  If Rajdeep would frown on his shows, Arnab would ask the tough questions. He was bratty, and often abrasive, and represented the mood of the viewing masses.

     

    The November 26 Mumbai terror strike changed things dramatically for Arnab and Times Now.  It was the undisputed leader. Simultaneously there was a sense of outrage against Barkha Dutt, though not as much against Rajdeep, who was equally shrill in his coverage from the terror zone. But then so were most other television journalists, including Times Now staffers.

     

    What emerged from Arnab’s show right then and the scene hasn’t changed dramatically ever since is that there’s little else other than the Newshour on Times Now. The other popular programme is Total Recall, but that’s Bollywood nostalgia.

     

    NDTV has established a huge second and third layer, though other than Prannoy Roy and Barkha Dutt, the rest of the cabin crew  – Vikram Chandra, Sonia Verma Singh and Sreenivasan Jain – pale in comparison even as they can hold fort for a month or two. Quite like CNN-IBN where Bhupendra Chaubey was an excellent stand-in for Rajdeep on the days he took off, but is he the man who can steer the channel to the top slot amongst English news offerings? Can his interviewing skills match those of Arnab?  The answer is a clear No. Read that in 200 points, all caps.

     

    So will CNN-IBN survive after Rajdeep Sardesai’s exit? Oh, yes, it will. Just as India not just survived but thrived after Indira, the Tatas after JRD, the Aditya Birla group after Aditya Birla etc etc. Also, remember, we have had channels which have meandered directionless for years. Headlines Today, for instance. Or even NewsX.

     

    Headlines Today has seen a fresh lease of life after the entry of Karan Thapar and it will gain more respectability with newly appointed vice chair and editor-in-chief  Shekhar Gupta on air.

     

    There were rumours that both Arnab Goswami and Barkha Dutt were approached by Reliance Industries for the top editorial job at CNN-IBN. Barkha is said to have spent a few days in Mumbai recently and even though she denied the news posted by Sahara Samay on its website last week, many believe she may well accept the job now that it’s clear that Rajdeep has exited. A well-known face like Barkha’s will ensure that Rajdeep’s absence is not felt by viewers.

     

    Meanwhile, a new top deck is reportedly assuming charge at Network18 and an announcement is likely to be made on who will lead the company in the absence of most biggies in the organisation.

     

    Will Rajdeep join the India Today group, as was speculated? Or is he taking time off to write a book? Since MxMIndia doesn’t revel in breaking news or carrying wild gossip , we recommend you look up other trade sites for that. What we would like to reinforce are three things.

     

    1. Had Rajdeep Sardesai not existed or not quit NDTV, CNN-IBN would’nt have been around or at least not happened as early as December 2005. Of the various news channels, CNN-IBN has an excellent reporting team, even though many were retrenched last year.

     

    2. The success of any leader is indicative by how it manages operations after he or she leaves. Prannoy Roy has ensured that. Arnab hasn’t. You don’t want to watch the 9pm bulletin when he’s not on air. Rajdeep has a good B and C team but none of them with the same profile has him

     

    3. CNN-IBN (and IBN7) will survive for sure. But it’ll need a new face soon.  Clearly, money is not going to be the constraining factor for this recruitment. For Mukesh Ambani and Reliance Industries Limited, that’s hardly a worry. What the master and his advisors have to convince the big and famous editors is that they will be allowed to operate in a free and frank manner.  That they will be allowed to carry news which may be negative on them. Now will that will be a tough ask?

     

    There are many who  believe news journalism is doomed with the active entry of Reliance Industries in news media. That, as I have written earlier, is an incorrect assumption. Most of our big publications were set up by business houses – large or small.  Moreover,  we do know of some well-known media conglomerates indulging in corrupt or incorrect practices.

     

    If in the true spirit of business, Mukeshbhai and Reliance Industries do not devalue the brand, there is no stopping CNN-IBN and the rest of the media empire from attaining greater heights. If considerations of the rest of their businesses impact the editorial policies, the Ambanis know what happened to TheSunday Observer and the Observer of Business and Politics in the 1990s.

     

    Interesting times ahead for sure.

     

  • MindShift’s campaign for HomeShop 18 draws good response

    Mind Shift Interactive has completed a comprehensive and impactful digital and social media campaign for Home Shop18’s 360 degree brand campaign “Shopping Makes Me Happy.” The campaign which explores humor via jokes and memes garnered 100 million impressions in less than a month. The campaign was implemented with a digital marketing mix of social media -Facebook, YouTube and Twitter and an interactive microsite- www.shoppingmakesmehappy.com. The customers were also engaged through HomeShop18’s email subscribers their TV, web and mobile application.

     

    Zafar Rais, CEO of MindShift Interactive, expresses, “Consumers are increasingly making all their decisions through the digital medium, and hence, introducing the mascots through this route was an important part of the launch. With an interactive website launching the TVC and social media and mobile being used like never before, we’ve created a seamless connect between traditional and digital media to take it forward and create buzz, resulting in a MindShift within the advertising space. Being the first to use WhatsApp messaging without being invasive created an innovation within mobile marketing that was very well received.”

     

    Speaking about the campaign, Vikrant Khanna, CMO, HomeShop18 said, “We are delighted with the response that we have received from HomeShop18’s ‘Shopping Makes Me Happy’ campaign. The blend of traditional and digital media, ensured reaching out to each of our customer segments. The TVC, assured mass reach and digital engagement guaranteed content for all. Using the loveable and clutter breaking cats across digital through a specialized micro site, WhatsApp, memes and engaging contests has ensured success in the form of business impact and buzz for our brand.”

     

  • DDB Mudra releases new campaign for HBO Premium

    By A Correspondent

     

    DDB Mudra West has released a new campaign for HBO South Asia to promote HBO’s belief – nothing should come in the way of entertainment.The HBO Premium channels campaign has been launched with the aim of making sure that audiences have an uninterrupted ad-free viewing experience.The campaign will highlight the HBO premium channels- HBO Defined and HBO Hits proposition of being 100 per centad-free.The objective of this innovative campaign is to get people to visit the HBOPremium.comwebsite and subscribe to HBO Premium channelsor directly through DTH operator or digital cable operators.

     

    HBO Premium will take a new route in their quirky TVCs with HBO Premium Accessories like HBO Agriculture and HBO Super Clone. To illustrate these TVCs further, HBO Super Cloneis a clone that manages everything in life so that one is not interrupted while watching TV. HBO Agriculture is a set of plants that grow foods like popcorn, burgers, etc., so that hunger doesn’t interrupt one from watching TV. The HBO Ultimate Couch is a couch that has just about the whole house built into it – dumbbell holders so that one doesn’t have to get up to workout, a wash basin so that one doesn’t need to get up to go to the restroom, an in-built kitchen and phone charging station and much more.

     

    Monica Tata

    Announcing the launch of the new multi-media campaign, Monica Tata, Managing Director, South Asia for HBO India Pvt Ltd said,”Both the HBO Premium channels maximize the entertainment experience by airing HBO Original content and blockbuster movies 100% break-free. We have initiated a multimedia campaign developed by DDB Mudra to promote the visibility and popularity of this unique proposition of HBO Defined and HBO Hits across platforms including print, cinema, TV, digital and social media. Our aim is to spoil our viewers with the very best non-stop, high quality programming, thus providing an unparalleled viewing experience.”

     

     

    Rahul Mathew

    Speaking about the creative strategy behind the campaign, Rahul Mathew, Creative Head,DDB Mudra West, said, “It’s not often that a channel can truly boast of a viewing experience and not merely bleat about its content. And we wanted to make sure that the communication reflects the richness and the uniqueness of the channel. HBO premium accessories as an idea does that and allows for many interesting executions in different media.”

     

  • Snapdeal unveils TVC announcing Annual Sale

    After the TV debut of the Snapdeal Mobile App, the online entity has announced its latest TV ad ‘End of Season Sale’. The new TVC is conceptualized and created by FCB Ulka Advertising.

     

    Quirky and insightful, the latest ad film focusses on how easy it is to be fashionable. One doesn’t need to sweat, whether it is to save money on fashionable clothes and accessories or to save oneselffrom waiting in long queues at the cash counters.

     

    The TVC crafted by FCB Ulka, shows the protagonist (played by actor PulkitSamrat) having a nightmare about his girlfriend on a shopping spree, at his cost, of course. He wakes up to realize that he was only dreaming and takes solace in the fact that saving on top fashion brands is still in his hand, courtesy the End of Season Sale on snapdeal.com.

     

    Sachin Das Burma-Group Creative Director- FCB Ulka said,”Yet again, we have managed to reflect real life in our communication, keeping the role of our product in the centre of the story. I think our target audience will connect to our effort and hopefully, the results will be good.”

     

    Sandeep Komaravelly, VP – Marketing, Snapdeal.com shared,”With this ad we are looking at highlighting the End of Season Sale at Snapdeal.com which enables consumers to save on some of the biggest fashion brands in the industry. Consumers can now avail upto 60 per cent discount across various fashion categories like clothing, footwear, Fashion accessoriesetc. There are 3.5 lac products and over 1000 brands for the consumers to choose from. We have also seen a substantial increase in the download rate of mobile app and have re-iterated the benefit of using our mobile app to access a variety of products through this TVC.”

     

  • Achche Din… Atul Phadnis’ What’s-ON is acquired by Los Angeles Times owner, Tribune Digital Ventures

    By A Correspondent

     

    Tribune Digital Ventures, the technology and innovation arm of Tribune Company has announced it has acquired What’s-ON, the leading television search and Electronic Program Guide (EPG) data provider for India and the Middle East. This move expands Tribune’s TV listings and video metadata footprint to more than 50 countries in 30+ languages, reaching more than 600 million pay TV subscribers.  Tribune has interests in multiple media as it runs 42 stations across the US and daily newspapers like Los Angeles Times and Chicago Tribune.

     

    Atul Phadnis

    What’s-ON provides EPG data and TV search products for 16 countries, including India, United Arab Emirates, Saudi Arabia, Jordan, Egypt, Qatar, Bahrain, Indonesia, Kenya and Sri Lanka. What’s-ON delivers data for more than 1,600 TV channels and helps power more than 50 million set-top boxes through the region’s top cable and IPTV services.

     

    What’s-ON customers include some of the biggest TV networks, service providers and consumer electronics manufacturers, such as STAR TV, Discovery Networks, Hathway Cable, Qatar Telecom, Samsung and Sony.

     

    Earlier this year, Tribune acquired music and video technology and metadata leader Gracenote. The company’s sizable presence in EPG data in Europe, combined with Tribune Media Services’ (TMS) presence in North America, immediately positioned Tribune as a leading provider of TV data, as well as music, around the globe. The addition of What’s-ON further extends this reach and strengthens Tribune’s position internationally.

     

    “The acquisition of What’s-ON fits with our broad strategy of diversifying revenue and scaling our metadata business to meet increasing client demand,” said Peter Liguori, CEO of Tribune Company. “The strategic investments we made over the last year expand Tribune’s presence internationally and enable us to offer a trusted solution to cable, Internet and consumer electronics clients globally. I’m pleased that with What’s-ON we will have a new presence in markets with significant opportunity and What’s-ON’s founder and CEO Atul Phadnis and his team will work together with Rich Cusick and Tribune’s existing TV metadata team to grow this area of our business.”

     

    India is the world’s third largest TV market, after the U.S. and China, with an estimated 175 million homes and a growing base of digital cable subscribers, according to ABI Research. The expansion of digital TV in Asia, featuring popular shows and movies, will enable Tribune to develop new technologies and services on top of its entertainment data that fuel discovery and recommendations on cable, satellite and over-the-top services.

     

    “We felt it was important to find a company that shares our vision for the business and understands the growth potential for TV data and services in Asia. And we believe we have found that with the Tribune team,” said Atul Phadnis, founder and CEO of What’s-ON. “Tribune’s portfolio of entertainment technology and metadata will provide us a solid foundation to grow the business and expand our services throughout the region.”

     

    “Electronic programme guides remain the primary vehicle for the discovery of TV shows and movies around the world,” said Rich Cusick, who oversees the TV metadata business for Tribune. “While data remains the foundation of what we do, our evolution will be centered on data-driven services and features to help define new TV platforms and experiences for viewers around the world.”

     

    What’s-ON will continue to operate out of its headquarters in Mumbai. Its leadership team, including Atul Phadnis, will remain with the company. Tribune’s Asian subsidiaries, including Tribune Digital Ventures Singapore Pte Ltd, are purchasing all of the shares of What’s-ON for $27 million subject to standard adjustments.  Edelweiss Capital served as the investment advisor for What’s-ON.