Tag: Media & Entertainment

  • Paritosh Joshi: Everything I had to know, I heard it on my radio

    By Paritosh Joshi

     

    Three times this last week, radio has crept into my conversations, with three quite different people. Let me cite just one. We were talking about our preferences between playing music from our CD collection and dialing up a radio station. My guest was enthusiastic in his approbation for the radio, for a very simple reason too. “When you play music from your collection, you always know what’s coming up next,” he said, adding: “and what makes radio fun is it’s an endlessly unfolding sequence of surprises.”

     

    To which I would add that there is something rather relaxing about leaving the hard work of choosing what plays next to someone else, indeed someone else who is specialized in the art and craft of assembling and running through playlists.

     

    Got me thinking about radio, so it was the obvious next step to check out what the industry association offered up. Wasn’t hard to locate the website of the Association of Radio Operators for India (AROI). Promptly went there to discover – well, not a lot. Had to get something on the industry and thankfully, the good people at KPMG and FICCI had the latest “Indian Media & Entertainment Industry Report” available for download, which I swiftly proceeded to do. Here’s what I found.

     

    The Radio industry in 2012 is worth a mere Rs13 billion, ~ US $ 240 million and represents a mere 1.6 per cent of the overall industry of Rs 823 billion, ~ US $ 15 billion.

     

    In five years, it is projected to grow to Rs 29 billion, still just ~ US 540 million but representing a slightly more respectable 2 per cent of the overall pie. Evidently, this will require it to grow faster than the overall pace, which it is projected to do, clipping along at a 21 per cent CAGR even as the overall number doesn’t quite get to a 15 per cent CAGR.

     

    Dig deeper and you will find that a lot of the enthusiasm stems from FM Radio Phase III which will introduce private FM to as many as 227 new towns. So that is all it takes to make radio exciting, is it?

     

    Let’s take a look elsewhere and find out what radio is really about. A good place to start is any of these: Last.fm, “tunein.com” Radio or “shoutcast.com” Radio Directory. All of them are aggregators, like the portals of yore in some ways, which offer you an endless variety of radio stations from across the planet. An important aspect of what is on offer is the range of ‘genres’ by which the stations are classified. Here’s a list of the genres under the broad category, ‘Music’ on TuneIn:

     

     

    Adult Contemporary Country Hip Hop Rock Top 40-Pop
    Blues Decades Jazz Soul World
    Classical Easy Listening Oldies Spanish
    College Electronic-Dance Religious Specialty

     

     

    Just in case you might think this was a bewildering choice, I have news for you. ‘Sports’ offers a choice of 21 genres, including, trust me, ‘Fantasy League’.

     

    The point I’m making is quite simple really. Radio is all about precise choices and tightly defined audiences. Stations have an unapologetic and uncompromising commitment to their audiences and are only able to attract them because they stick to playlists that reflect the choices of their highly differentiated audience.

     

    What does the picture look like inIndia? Our earliest templates from what radio stations must sound like came from Akashvani, the one channel that catered to our teeming millions long before the brash youngsters arrived on the scene with FM Phase I.

     

    Akashvani was the ‘one size fits all’ / ‘any colour so long as it is black” radio station. From programming in two, even three, languages to carrying everything from mythologicals through adventure serials (anyone remember Inspector Eagle here?), to the News and various topical features, radio did everything – catered, as it were, to the lowest common denominator.

     

    Look at where we are now. Barring one station that chooses to play a purely Western playlist, all our major metros run a whole bunch of stations whose content is largely interchangeable, mainly because their music and even anchoring style – chatty, hip youngsters doing their clever, irreverent thing, are right out of a cookie cutter.

     

    Now before I get flamed out by radio folks pointing to the compulsions of recouping sizable licence costs, I must beg forgiveness and hide behind the defence of ignorance. What I do know, however, is this cannot possibly be the best way for radio to go forward.

     

    Radio must target tightly and then programme obsessively to that chosen audience. “Let me be just like everyone else” is not good marketing in any category, least of all radio. Keep in mind that radio will shift away from airwave frequencies to the Internet. That’s when the same-same (known, I believe, as Adult Contemporary) content will die anyway.

     

    I began by invoking Queen’s Radio Gaga and can’t help but quoting again from the same, wonderful song at the end.

     

    “You’ve yet to have your finest hour Radio – radio”

     

    Paritosh Joshi was until recently CEO, Star CJ. He has been a marketer, a mediaperson and a key officebearer on industry bodies. He is Strategic Advisor, Ormax Media. He can reached via his Twitter handle @paritoshZero
  • Discovery APAC wins Indo-Am Corp Excellence award

    By A Correspondent

     

    Discovery Networks Asia-Pacific (South Asia) has been awarded as the best US company operating inIndiaunder the Media & Entertainment category at the 8th Indo-American Corporate Excellence Award 2012 held in Mumbai on July 4.

     

    Discovery Networks Asia-Pacific (South Asia) was selected on the basis of its overall contribution to the Indo-US business and other parameters like human capital management and corporate social responsibility were also considered. The award commended Discovery’s programming and production excellence and its stellar performance in the country.

     

    The company broadcasts eight unique content channels inIndia– Discovery Channel, Animal Planet, TLC, Discovery Turbo, Discovery Science, Discovery HD World, Discovery Channel Tamil and Discovery Kids.

     

    Rahul Johri, senior vice president and general manager –South Asia, Discovery Networks Asia-Pacific, said: “This award is recognition of Discovery Networks Asia-Pacific’s commitment to engage and entertain Indian viewers with unique and credible programming. It exemplifies and values the positive contribution that the network brings inIndiathrough its innovative content.”

     

    Indo-American Chamber of Commerce (IACC) is the only bi-lateral Chamber of Commerce committed to promotion of Indo-US Trade & Economic Relations by facilitating joint venture, strategic alliances, trade, technology transfer and investments. IACC has over 2,600 members who together represent a wide spectrum of business and economic segments: manufacturing, exports, services et al.

  • Katrina Kaif leads Ormax’s list of top celeb endorsers for Slice ad

    By A Correspondent

     

    Leading Bollywood star Katrina Kaif has emerged as the most powerful endorser amongst celebrities. This was determined by a celebrity-brand association recall study conducted by Ormax Media to measure the brand association of Salman Khan, Kareena Kapoor, Katrina Kaif, MS Dhoni and Sachin Tendulkar with the various brands they endorse.

     

    The table below gives the association score of various celebrities with specific brands. The score is a measure of the strength of the association. 13 brand-celebrity combinations crossed an association score of 15. Katrina Kaif takes three out of the top four slots, with Slice being a clear leader. In contrast, the most popular male Bollywood star today, Salman Khan, has only brand (Wheel) making the cut, though Ormax Media believes this is because Salman remains a very selective endorser and most of his endorsements started only recently.

     

    Brand Celebrity Association Score
    Slice Katrina Kaif 45
    Boost Sachin Tendulkar 32
    Lux Katrina Kaif 28
    Veet Katrina Kaif 25
    Pepsi MS Dhoni 23
    Limca Kareena Kapoor 23
    Head & Shoulders Kareena Kapoor 21
    Lays MS Dhoni 21
    Pepsi Sachin Tendulkar 18
    Aircel MS Dhoni 17
    Boroplus Kareena Kapoor 16
    Olay Katrina Kaif 16
    Wheel Salman Khan 16

     

    The study was done among a total of 1000 respondents across 16 markets. TG was Males and Females, 15-34 yrs. Ormax Media plans to cover other celebrity endorsers such as Shahrukh Khan, Akshay Kumar, Priyanka Chopra and Virat Kohli in the next round of the celebrity association track.