MxMIndia

Tag: Jio Cinema

  • With host Anil Kapoor and six sponsors in the bag

    Jio Cinema says Jhakaas as Bigg Boss OTT Season 3 nets big bucks

    L to R Alok Jain, President – General Entertainment, Viacom18, Anil Kapoor and Deepak Dhar, Founder Group CEO, Banijay Asia EndemolShine India

     

    JioCinema Premium has announced the reality show Bigg Boss OTT Season 3 starting tomorrow, June 21.

    The new season stars actor Anil Kapoor and a score of interactive features, with the 24-hour live channel. So Bigg Boss OTT 3 is co-presented by Too Yumm!, Siggnature Finest Silver Elaichi; co-powered by Oppo and Sofy; with beauty partner Lotus; Sanitaryware Partner Cera; with many more identifying opportunities to integrate.

    Speaking about the new season, Alok Jain, President – General Entertainment, Viacom18, said: “Over the years, Bigg Boss OTT has witnessed exponential growth, solidifying its position as one of India’s most popular reality entertainment shows. With Anil Kapoor as the host of Bigg Boss OTT 3, we aim to deliver unmatched value to our stakeholders – viewers, advertisers, and content creators. This season’s increased interactivity will amplify engagement and excitement, broadening our reach, taking the show to extraordinary new levels and offering viewers an unprecedented front-row experience of over-the-top entertainment.”

    Speaking on bolstering JioCinema Premium’s offering, Ferzad Palia – Business Head, JioCinema, added:  “With Bigg Boss OTT 3 we expand our JioCinema Premium offering into the highly consumed Reality genre. In addition to Hollywood, Original Series, Movies, Kids, Anime & TV, our rapidly growing base of members will now witness one of the biggest digital entertainment shows, with a brand-new experience. We’re certain that this season will be a whole new level of entertainment.”

    Added Deepak Dhar, Founder & Group CEO, Banijay Asia and EndemolShine India, the makers of the show: “Bigg Boss has been a flagship show for us, constantly innovating and setting new benchmarks in entertainment year after year. With this season of Bigg Boss OTT, we are taking it a notch higher for our audiences. We are excited to have Anil Kapoor as the host this season and cannot wait to see how his charisma, energy, and connection with audiences brings a fresh dynamism to the show. Viewers can expect an electrifying season this year with an exciting theme, new twists & high-voltage drama.”

    So how will so many sponsors get a bang for their megabucks on a premium streaming offering? Obviously not those intrusive 5-/10-/20-seconders, but integrations within the show. Hmmm.

  • In association with Jio Platforms

    Narayana Health unveiled medical docu-series “InsidER”

    Narayana Health, hospital network headquartered in Bengaluru, in association with streaming platform Jio, unveiled medical docu-series “InsidER” – an initiative on Emergency Awareness. Viewers will witness the intense efforts of clinicians, the profound struggles of families, and the amazing efforts of clinical teams fighting to save lives.  All ten episodes features patients and their families, giving a deeply personal perspective on these powerful stories.

    Said Dr. Ashish Bajaj, Chief Marketing Officer at Narayana Health: “The ‘InsidER’ campaign was born from a deep-rooted desire to honour the extraordinary courage of patients and the often-unseen daily struggles of families coping with medical emergencies. We’re thrilled to join forces with Jio for the launch of this pioneering series. Their vast reach on Jio TV, Jio Cinema, and Jio TV+ maximizes the impact of this groundbreaking initiative.”

    “Over ten months in the making, our teams overcame production challenges across India to authentically portray the gripping reality of the ER. This collaboration with the clinicians, patients & their families paints a powerful picture of those critical moments between life & death and their lasting impact. This series, a first by any healthcare group in the country, is a tribute to those moments, a testament to the strength we hold within, and a reminder of the incredible work done on the frontlines of healthcare. With real patient stories from across India, we have showcased the heart-stopping urgency of the ER, the split-second decisions, and the unbreakable human spirit. The series highlights the clinicians’ preparedness and underscores the importance of knowing the ER number for immediate assistance. Something as simple as knowing your ER number and having it on speed dial could be the difference between life and death,” added Dr Bajaj.

  • Technology and the immortality of an advertising theory @IPL

    Technology and the immortality of an advertising theory @IPL

    With apologies to none at all

    By Vikas Mehta

     

    Vikas MehtaYet another season of IPL is underway. And like many millions, I have been following the matches keenly on JioCinema. Since I am travelling, I do not have access to DTH or cable to watch it on TV. So, my writing is based on my JioCinema experience only.

     

    Usually, I comment on the ads during the IPL. I will continue to do so. But this particular column is going to first recount my experience with JioCinema from a technology- and consumer-friendly viewpoint and then I shall take just two examples to highlight some issues in the IPL ads.

     

    I find the app very consumer-friendly during IPL. The home page highlights the match of the day and with one click, I am into the match. But when there are two matches then the homepage keeps on highlighting the first match, well beyond 7:30 pm and the second match requires real searching. The issue does not get resolved even by refreshing the page.

     

    In terms of the content, I find the ‘Jeeto Dhan Dhana Dhan’ contest very interesting. It’s a simple multiple-choice question based on what will happen in the next over. With one click, the answer is submitted. And before the next question comes up, one is informed if one got it right. But the beauty is that for all those who got right answers there is some prize. Usually, a discounted product from an online e-commerce portal. I, played it almost at the end of each over for two days and I had around 20 prizes. And the redemption was also well-planned. Click on the same page to redeem the prize. The right page, which offers only the products on offers open up. Your discount has been copied to the clipboard. Choose, fill your details, pay if required and the offer has been redeemed. No choosing of products and at check-out realising that your preferred products have no discount. No ambiguity. Very well-organised and planned. And at the last count, I came across nine brands offering the prizes. Two of the three I redeemed were delivered in Dehradun within 48-72 hours. And of course, there are bigger prizes for those who answer the most correct answers daily. Unfortunately, I did not have the patience to sit through all 40 overs and answer all questions. But kudos to a well thought through and planned contest.

     

    In terms of communication, I remember that ‘Jeeto Dhan Dhana Dhan’ was an offer that Jio had offered in the IPL four to five years ago. So, to find that this year MyCircle11 was sponsoring the contest was bit of a let-down. It also clashes with the MyCircle11 advertising as it caused a confusion in my mind if the contest had something to do with the gaming app offering discounts to play games on the app. I then realised that Tata had sponsored ‘Jeeto Dhan Dhana Dhan’ contest in 2021 and last year it was MRF. Personally, it’s a simple and rewarding contest and any sponsor will reap the rewards with a longer association. Like, I think Jio did for two-three years. I still remember it.

     

    Now, let’s focus on the ads. There were many new ads this year. Predictably, Dream 11 came up with, till now, the best campaign. Simple thought. Good use of the cricketers. I particularly liked the Mr Sharma ka beta mera beta featuring Rohit Sharma, KL Rahul and Sunil Shetty. It crossed the thin line between a cricketer and his personal life in a beautiful, interesting and heartwarming way, with a hint of comedy. Communication theories always say use celebrities who add to the brand personality and to the memorability of the ad. This is a great example of the same.  Watch the ad here.

     

    The other ads in the series have focused on personal rivalries. Bumrah vs Shreyas and then Shreyas vs Bumrah. Preity Zinta, co-owner of Punjab vs Pant got me cracking up at the end. Not in the same league as Mr. Sharma ka beta but at least Dream11 is not just splurging money on celebrities.

     

    I am now hoping to see a Hardik vs Rohit. Oh sorry. It’s about team loyalty. So maybe Hardik and Rohit.

     

    But the ad campaign which got me thinking was actually Parle. It has released a series of ads, thankfully without any cricketers or film stars. These address issues which are mostly intangibles. Difficult to pinpoint, prove or substantiate. So, difficult to communicate too. Quality, trust, variety, new products. The campaign has tried to use some odd metaphors or join some improbable dots to convey these messages. I just felt that someone is ramming down these virtues down my throat.

     

    And that’s when I remembered a gem of theory that was part of the JWT thinking process. The difference between stimulus and response. The theory mandated that do not put your benefit or message as a stimulus, rather let it be the response from the consumer. Do not spoon-feed. Let the consumer discover it. That way it will be more memorable and the communication will have a lasting impression. Remember the Ericsson black coffee ad? Nowhere it said the world’s smallest phone or even a small phone. It demonstrated its size as a stimulus and the response was “a phone so small it can hide in my palm.” No wonder the ad is recalled even after three decades. Watch the ad here.

    I feel that Parle has missed a trick. The amount of money that is spending trying to hit us with trust, quality and other parameters would have been much better spent if the desired response theory had been used.

    And this thought got amplified when I saw the Apple iPhone 15 app on storage for photos. It beautifully showed someone marking photos to be deleted and then they used a perfect song “Don’t let me go”. Each photo that was being marked for deletion suddenly came alive with the character in the photo singing the song. And at the end there was just a simple message which said lots of storage for lots of photos. They could have gone to town on memory capacity or on transferring photos to cloud through their cloud service. But by using the stimulus of each photo imploring not be deleted, through a song, the benefit was like a stimulus which I will not forget. Great ad.

     

    And we wonder why Apple iPhone commands such a premium and is yet a world leading brand! Watch the ad here.

     

    In fact the Preity Zinta vs Pant ad also is a stimulus vs response theory ad. Watch the ad here.

     

    I sincerely hope that some of the JWT theories like the stimulus vs response one are not buried along with the venerable brand.

     

    Before I end, I saw as a part of media co-sponsor super “Pepsi yeh dil mange more”. I was intrigued and excited to see what was the contemporary version of this classic Pepsi campaign. So, I found it on you tube. See it here. And let’s match our reactions in my next column.

     

  • As Regional Sales Head – South

    Jio Cinema’s Nirmal Karthikeyan joins Way2News

    By Our Staff

     

    Way2News, a hyperlocal digital news platform, has appointed Nirmal Karthikeyan as its Regional Sales Head for the Southern India region. This appointment is part of Way2News’s commitment towards expanding its user base and delivering hyperlocal, relevant and reliable news to a billion Indians. In his new role, Karthikeyan will be responsible for strengthening Way2News’ footprint and growth in key south markets.

     

    Welcoming NK on board, Raju Vanapala, Founder & CEO, Way2News, said: “We are delighted to extend a warm welcome to Nirmal as he joins our team. At Way2News, our goal is to make every Indian an informed citizen by delivering relevant and pertinent news in a timely manner. With profound knowledge of the media landscape and a remarkable track record of driving growth, Nirmal’s expertise will play a pivotal role in identifying untapped regions and audiences in the south and consequently expanding our user base. We firmly believe that Nirmal’s strategic vision and hands-on approach will propel us to new heights of success in the dynamic and diverse South India market.”

     

  • The reality show will air live 24 hours on Jio Cinema, other than on the Colors GEC

    Colors, Jio Cinema get set for Bigg Boss launch

    By Our Staff

     

    The all-new edition of reality show Bigg Boss is set to launch on Sunday, October 15 with ‘Dil, Dimaag aur Dum’ as the credo. It will be presented by actor and longstanding host Salman Khan with a slew of sponsors.

     

    After the Sunday premiere, it will air Monday through Friday at 10 pm and on Saturdays and Sundays at 9 pm. That’s on Colors. Plus a 24-hour live channel on JioCinema.

     

    Said Alok Jain, President – General Entertainment, Viacom18: “Bigg Boss is the undisputed king of entertainment in India. No other show has amassed the fandom, viewership, and continued success that Bigg Boss has. It enhances the participants’ celebrity quotient, provides non-stop entertainment to Indians over 100 days, generates social conversations that last well beyond the run-time of the show and delivers unparalleled reach and engagement to partnering brands,” adding: This year we will be disrupting the format of the show by having Bigg Boss play the game with and on the contestants. This ethos of innovation will further extend to our sponsors and advertisers as the integrations and brand commitments playout across our television, digital and social media assets. With the addition of the free 24hour Live Channel on JioCinema, Bigg Boss, this year, will see a scale that is unparalleled in the Indian entertainment ecosystem.”

     

    Hyundai is co-presenting sponsor, Dabur BAE Fresh Red Gel, Tresemmé and Appy Fizz are co-powered partners, Ching’s Schezwan Chutney as Special Partner, Glance as Smart Lock Screen Partner, Harpic as Hygiene Partner, and MakeMyTrip for an experiential innovation.

     

  • Bigg Boss OTT to stream on Jio Cinema

    By Our Staff

     

    JioCinema is set to stream Bigg Boss OTT reality show starting 17th June. With Salman Khan as the host, Bigg Boss OTT will offer 24×7 non-stop entertainment and multi-cam action for free, a first in its history.

     

    JioCinema launched a promo titled “Lagi Bagi” featuring Salman Khan and Raftaar, dropping hints about the upcoming season. With the tagline “Iss baar itni lagegi ki aapki madad lagegi”, this season introduces several firsts, empowering the audience with ultimate control over the game, allowing them to influence the game through unique situations and scenarios.

     

    Commenting on being the host of Bigg Boss OTT, Salman Khan said: “India is always looking for nonstop entertainment and Bigg Boss OTT is here to provide exactly that! This season will be raw and unfiltered just like me, making it a perfect match like a Ram milayi jodi. I am sure it is going to be never seen before in the history of unscripted reality where fans can see all sides without any layers. Dekhta ja India, is baar entertainment rukega nahi kyuki contestants ki itni lagegi, ki unko aapki kaafi madad lagegi. I can’t wait to witness all the drama and excitement unfold.”

     

  • Move over MI vs CSK, KKR vs RCB, LSG vs SRH… it’s now Jio Cinema vs Star Sports, writes Vikas Mehta in 'With apologies to none at all'

    A different rivalry emerging in IPL

     

     

     

    With apologies to none at all

    By Vikas Mehta

     

    Vikas MehtaThe Indian Premier League (IPL0 has become famous for franchise rivalries over the years. MI vs CSK, KKR vs RCB and, as my daughter says, now LSG vs SRH biryani wars!

     

    But a most unexpected rivalry has surfaced around the IPL this year. And it started before the tournament commenced. When the media rights for IPL were announced for the next five years, television and digital rights went to two different entities. While Star Sports continued with the TV rights, Disney Hotstar lost the digital rights to Reliance group backed Viacom18. And thus started a new rivalry. TV vs Digital. Jio Cinema vs Star Sports.

     

    If we look at the numbers, it seems an unequal fight. TV penetration in India is almost 70%. Whereas smartphone penetration is just about 50% with roughly 600mn smartphones in use. While smartphone is an individual device, TV is watched by four-five people. But what makes these numbers interesting is the fact that many youngsters in TV households may be either abandoning TV for smartphones or TVs are being connected to streaming devices. Jio Cinema has been talking about its customised device integration partnership with OEMs like Jio set-top box, Apple TV, Amazon Firestick, One Plus TV, Sony, Samsung, LG and Xiaomi.

     

    And Jio Cinema fired the first salvo by announcing free subscription to IPL. Clearly, they were trying to catch more viewers which in turn would get more advertising moolah. So, for the first time, an advertising revenue war between streaming and TV was on. Brands and companies were being enticed on two fronts. And they had to take decisions which till now they need not as Star and Disney Hotstar were playing a complementing game with Disney also charging for subscription. Viewership now was an important dimension.

     

    And soon enough an advertising war broke out. Not surprisingly, Jio Cinema was the instigator. It released a long ad on Youtube which took a dig at watching IPL on old-fashioned, non-interactive, dumb TV sets. While it was entertaining and informative at the same time, it served a reminder as to how much more personalised the viewing can be on digital. Watch it here

     

    Star Sports then released an ad which claimed that normal TV watching through DTH channels like Tata Play and Airtel (my enemy’s enemy is my friend) could allow digital features like highlights, key moments, deep statistics dive etc. Star Sports Pro was launched which could turn your TV into TV on demand with these features. Watch the ad here.

     

    While Star spoke about commentary in nine languages, Jio Cinema went ahead and announced commentary in 11 languages including Bhojpuri. I think no ex-cricketer worth his salt is free in India today during IPL and anyone who is, needs to just learn a new language!

     

    Hardly had the first weekend passed that viewership figures were being bandied about. Star took out a full-page ad in leading dailies claiming a record-breaking TV Rating for the first match which went up by 29% and 47% increase in consumption of TV time as against last year. It also claimed 130 million viewers on its channels for the first match which was almost 90% of the Pay TV universe. Jio Cinema on its part issued press releases claiming 1.47 billion video views and 50 million new app downloads for Jio Cinema over the first weekend.

     

    While Jio’s figures were based on its own actual numbers, Star figures were based on BARC viewership data that uses a base of around 50,000 plus households and the number is then extrapolated to a national level, a fact shared gleefully by even Viacom18’s CEO in his press release. Clearly, the advantage of measurability went in favour of Jio Cinema.

     

    So, is there a clear winner? Of course not. Jio had glitches during streaming. While many claimed no audio, there was rebooting happening and many took to social media to vent their frustration. And while TV seems to have the upper hand just by sheer numbers, the habit of Gen Z to watch on small screen on an individual basis will eat into TV share. But then from my limited experience, I think it is just a high income phenomena. Most Indian families do not have the luxury of a personalised smartphone for each family member. Plus, IPL is a more involved family entertainment. That would mean a point in favour of TV.

     

    One thing though is for sure, this rivalry is going to become more intense and it would mean more benefits for the consumers.

     

    Oh! What about the ads on IPL you ask? Mostly a big bore. Mostly repetitive old ads. Most using the same few celebrities. Most covering the same few categories.

     

    But the one exception that came as a breath of fresh air was Dream 11. Like in the previous years they have not disappointed and have raised the bar by not just using famous cricketers but also roping in some celebrity actors. And with an all-out war between the two sets of celebrities, things are getting spiced up. It’s a shame if you haven’t watched the launch ad which is a longer version in the form of a press conference. Watch it here.

     

    And then the other ones which involve needling each other with some real life, incisive and stinging comments. The one where Rohit Sharma needles Aamir about not attending award shows, or the one where the cricketers are needled about retakes, or the one where Aamir is reminding himself that ‘all izz well’, are all well-crafted and wonderful to watch. A relief to see creativity, relevance and celebrity all being combined so well. Watch. One more. And one more.

     

    As I write this, I see a new Pepsi ad with Ranveer and a new Pepsi anthem too. These look and sound interesting. Watch the ad. And the theme song.

     

    Now tell me what do you think about them?

     

  • …of Fifa World Cup-related communication for Indian consumers. A review by Vikas Mehta

    Agony & Ecstasy…

     

     

    With apologies to none at all

    By Vikas Mehta

     

    Vikas MehtaThe Fifa World Cup is now reaching its crescendo. My social media feed is full of comments on football and I can see lot of angst as the traditional superpowers like Germany, Spain, Netherlands and Brazil have been eliminated. Teams like Morocco or Croatia do not have the same universal appeal and at best are seen as outsiders. But football fans in India have one more angst. The patchy and glitchy coverage of the event in India on the Jio Cinema OTT channel.

     

    I am surprised at the criticism as I was watching the matches on the Sports18 TV channel and the coverage seemed pretty good. But what really got me puzzled was why were most of the people I know, watching the matches on the OTT channel and why not on the traditional DTH channel?

     

    Subscribing for a month or even a quarter was very cheap and no connectivity or downloading speed issues to tackle. Turns out from my limited friend circle that not many knew about the TV option and the addiction to OTT is so great that many have actually given up on DTH TV. The reality had hit home.

     

    Now that I am travelling, I too have started watching the matches on OTT, mobile screen. And to me all seems fine. The glitches about buffering etc have not affected me even though I am in the interiors of Tamil Nadu with some Mandous-related weather issues.

     

    My biggest disappointment with the Football World Cup, as indeed it was with the T20 World Cup is the lack of interesting World Cup-related commercials. On a global scale, Nike, Coke, Pepsi have launched some interesting commercials. Pepsi has brilliantly used its global stars like Messi Ronaldinho, Pogba etc and weaved in the lingo and feel of the Gen Z with slang like nutmugged etc. It also has a flashes of irreverence, chutzpah and of course football. Living upto the expectations of what Pepsi calls “Generation Thirsty”, the ad is about being thirsty for more. The commercial has got a strong backlash too as it seems to have adopted a lot of Moroccan locales and cultural icons which could be interpreted as Qatari. But I guess with the Moroccans having knocked out Spain and now Portugal and having advanced to the semi finals, this anomaly will be overlooked. Watch the Pepsi World cup ad.

     

    Expectedly, Coke, which is the official sponsor of World Cup, has come out with a simple yet strong film which stays true to Coke’s global sign-off of ‘Believing is Magic’. Depicting a young girl swept away in a carnivalesque celebration of football, the film stays true to the brand personality of Coke. Watch it here: Coke World Cup

     

    But Coke has been breaking new grounds of late and it tries to go beyond just advertising. I was therefore not surprised to come across a whole digital campaign which captures a wide range of fans’ devotion for their beloved teams. The ads show the outlandish promises many fans would make if their team could win the World Cup; from getting a tattoo, to shaving their head, to running to work every day—while inviting viewers to share their own promises for possible inclusion in Coca-Cola packaging, digital content or outdoor creative. And Coke is also issuing NFT’s associated with this world cup. Digital Memories that will be for the buyers to own. Watch this: Coke World Cup promise

     

    The piece de resistance for me was definitely the Nike Multiverse campaign. It has a simple global insight of fans’, in this case two scientists in a lab, debating the greatness of their favourite player, across different eras. And then the whole campaign turns into a science induced multiverse universe where players Mbappe and Ronalidinho (he seems to be getting into an advertising renaissance), are zapped into a multiverse universe to have them play against each other. Soon other employees at the lab weigh in with their favourites, present and past, like the Brazilian Ronaldo, Ronaldo CR7, Alex Morgan, Kevin De Bryun, Virgil Van Dijik etc and the film gets into some crazy football shots with a nice touch of technology. Nike has again outdone itself. Watch the ad. World Cup Nike

     

    All this makes me wonder why brands like Coke or Pepsi who have a strong presence in India and who splurge a lot on advertising, not show any world cup related ad. Coke is a global sponsor of the World Cup and yet it has no presence in either the TV or the OTT telecast. I understand the winter months low soft drink consumption issue but seriously, the world cup is a brand building exercise, not just an increase in sales time. The winters in Europe are much more severe. I also believe that initiatives like the outlandish promises, will work very well in India. Just yesterday I saw a post from a Bengali friend, who, while moaning the exit of Brazil was also depressed that he will have to go non vegetarian till the end of the world cup. Some outlandish promise or wager, is my guess. So why total silence by the brand during world cup football is beyond my comprehension.

     

    I did see a Pepsi ad on TV during the matches but it was a rerun of an old “more fizz” ad featuring the more older Salman Khan. Nothing to do with football.

     

    Byju’s has hired Messi as a brand ambassador for its social cause of education for all. Hyundai is one of the official sponsor of the world cup. Visa is another global sponsor. And Amul is the regional sponsor (whatever that means) of Argentina and Portugal teams. So, let’s look what these brands, who have a strong presence in India, are doing around the world cup in India.

     

    Byju’s had an ad which I saw a month or so ago which announced the partnership with Messi along with Byju’s being an official sponsor of the world cup. A very forgettable and predictable piece of ad which featured some stock footage of Messi and a few supers announcing from India to the world (whatever that means, again) and Byju’s sponsorship. Shoddy, poor quality and unimaginative. There is a separate long video which uses Messi to talk about the importance of choosing the right coach not just in football but in education too. Interestingly done but it’s a long video which is expected to go viral and not being telecast during the matches. Byju’s Messi Ad

     

    Amul has gone the same tacky route. Some stock shots of players of each team with a milk splash effect added on. Mind you, these are still shots, not even video footage. There is a bit of a generic milk benefit lyrics added on which rhyme with the name of the team. Sample this. Go go Portugal. Doodh se mile bal. Tasty har pal. Daud aur uchal. Or this one. Amul Khana peena tasty aur proteina. Cheer Argentina. Some really corny stuff with absolutely no production values. It has an interesting thought in its tagline of being the original energy drink. But it has been relegated to just a tagline. Amul had a budget for sponsoring the teams. Amul has a budget for buying media time. But Amul kept hardly any production budget. Go figure. Amul Argentina Regional sponsor

     

    The auto brand, Hyundai, has followed a global diktat. They are using a global film which is very high on tech with a message of “Beyond Mobility”. The ad is more manufacturer speak rather than consumer benefit or language. Leaves one cold. Watch here. Hyundai beyond mobility

     

    And Visa is re-unning some old ads which showcase the advantage over paying cash by using Visa cards. Tap to pay with Visa. A network that’s fast, secure and convenient. Seriously? In a world dominated by UPI payment that’s Visa’s competitive advantage? Watch here. Visa India

     

    Definitely the World Cup ads in India are a huge disappointment. Rather, these are a case of missed opportunity. The brands have missed out on a chance to use the world cup in a creative and engaging way. The plethora of similar looking automobile ads or RBI ads or Mutual Funds sahi hai ads featuring cricketers and film stars are just using world cup as another event where the brands are throwing good money but not creating any impact. It’s just an item ticked off. And that’s really a pity.

     

    P.S: Ok, I now understand the furore about the Jio Cinema glitches during live telecast. While writing this, I am watching the Morocco vs Portugal match and at half-time for two-three minutes there was nothing happening. Just some shots of the stadiums and some graphics. No commentary, no explanation. And then after 2-3 minutes the match centre came on with a half time report. Very shoddy and unprofessional indeed.

     

  • The duo’s Bodhi Tree Systems will be major shareholders alongside Reliance & Paramount Global

    He’s back! Uday Shankar teams up with James Murdoch to invest Rs 13.5kcr in Viacom18

    By Our Staff

     

    It’s official. Reliance and Viacom18 have announced a strategic partnership with Bodhi Tree Systems, which is a platform of James Murdoch’s Lupa Systems and Uday Shankar, to form one of the largest TV and digital streaming companies in India.

    Bodhi Tree Systems is leading a fund raise with a consortium of investors to invest Rs 13,500 crore in Viacom18, to jointly build India’s leading entertainment platform and pioneer the Indian media landscape’s transformation to a “streaming-first” approach. Viacom18 owns and operates the suite of Colors TV channels and OTT platform, Voot.

    Reliance Projects & Property Management Services Limited, a wholly-owned subsidiary of Reliance Industries which has significant presence in television, OTT, distribution, content creation, and production services, will invest Rs 1,645 crore. In addition, the popular JioCinema OTT app will be transferred to Viacom18. Paramount Global (formerly known as ViacomCBS), a leading global media and entertainment company which owns CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV will continue as a shareholder of Viacom18 and will continue to supply Viacom18 its premium global content.

    Bodhi Tree Systems, a newly formed platform between Lupa Systems Founder and CEO James Murdoch and Uday Shankar, the former president of The Walt Disney Company Asia Pacific and former Chairman of Star and Disney India, will leverage the partners’ shared track record of building iconic businesses and shaping the media landscape in India and globally. Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.

    Speaking about the partnership, Mukesh D Ambani, Chairman & Managing Director of Reliance Industries, said, “James and Uday’s track record is unmatched. For over two decades, they have played an undeniable role in shaping the media ecosystem in India, Asia, and around the world. We are very excited to partner with Bodhi Tree and lead India’s transition to a streaming-first media market. We are committed to bringing the best media and entertainment services for Indian customers through this partnership.”

    Added Murdoch and Shankar: “We could not be more pleased to announce our new partnership. Our ambition is to leverage technology advances, particularly in mobile, to provide meaningful solutions to meet everyday media and entertainment needs at scale. We seek to reshape the entertainment experience across more than 1 billion screens.”

    The transaction is expected to close within six months and is subject to closing conditions and requisite approvals.

    Cyril Amarchand Mangaldas and Khaitan & Co provided legal advisory and documentation support to RPPMSL and Viacom18. PWC and BDO provided independent valuation of the Jio Cinema business and Viacom18; Citi and HSBC acted as financial advisors to TV18 and RPPMSL respectively. AZB & Partners was the legal advisor to Bodhi Tree while EY provided diligence services to Bodhi Tree. JSA was the legal advisor to Paramount Global.