Tag: Saurabh Yagnik

  • ABP Network appoints Saurabh Yagnik as COO

    By Our Staff

     

    ABP Network has appointed Saurabh Yagnik as its Chief Operating Officer (COO) with P&L responsibilities. Yagnik will be reporting to Avinash Pandey, CEO of ABP Network.

     

    Speaking on the appointment, Pandey said: “We are delighted to welcome Saurabh to the ABP Network family. His impressive track record and vast experience in the media industry will be a valuable asset as we continue to grow and expand our reach across the country. I am confident that Saurabh’s leadership skills, combined with his deep knowledge of media and consumer insights, will help us achieve our strategic goals and take ABP Network to new heights.”

     

    Said Yagnik: “I am excited to join ABP Network, a leading media conglomerate and look forward to working and contributing towards the growth of the company and delighting viewers and stakeholders as the company moves to its next phase of growth and transformation.”

     

  • Sony BBC Earth to launch on March 6

    By A Correspondent

     

    N P Singh, CEO, Sony Pictures Network, India, Paul Dempsey President, Global Markets, BBC Worldwide, Saurabh Yagnik, EVP and Business Head, Sony English Cluster

    The Sony BBC Earth channel will go live on March 6, 2017 at 8pm.The premium factual entertainment channel is being launched by MSM Worldwide Factual Media, a joint venture between Sony Pictures Networks India (SPN) and BBC Worldwide.

     

    The channel will bring award-winning, premium factual content from the BBC and will feature acclaimed film-makers and storytellers like Sir David Attenborough, Steve Backshall, Ben Fogle and Gordon Buchanan.  It will be available in both SD and HD in English, Hindi, Tamil and Telugu.

     

    As a run-up to the launch, the channel has created a brand film with its ‘Feel Alive’ Ambassador Kareena Kapoor Khan Said NP Singh, Chief Executive Officer, Sony Pictures Networks India on the launch: “Sony Pictures Networks is known to create compelling and differentiated brands across all genres that it operates in. Nurtured as a JV partnership, Sony BBC Earth, combines the strengths of both partners; including fascinating content, estimable brand equity and superior sales and distribution prowess.This gives Sony BBC Earth a distinct positioning and watchability. I am confident that this channel will be amajor player in its category.”

     

    Added Paul Dempsey, President Global Markets, BBC Worldwide:“Our relationship with Sony has been a long one, built in the first instance on our production business, and one that has since grown across all key areas of BBC Worldwide’s operations.  We partner with them to bring top programmes like Sherlock, Orphan Black and Top Gear on AXN to our fans in India, and now, this joint venture which is a pioneering model for us. By working with a respected local partner of the caliber of Sony Pictures Networks, we look forward to bringing BBC Earth’s world class content to a new audience who we know has a huge appetite for premium factual programming.”

     

    Said Saurabh Yagnik, EVP and Business Head, English Cluster, Sony Pictures Networks India, while expressing his bullishness on the channel: “SPN’s philosophy is to create brands based on deep consumer understanding. We have worked extensively with viewers to sharpen our insights into what they want and have synergised this understanding with our compelling content and storytelling. Our brand positioning of ‘Feel Alive’ captures the emotion of subliminal happiness which viewers experience when they consume our content. This has been brought to life through a clutter-breaking film featuring our ‘Feel Alive’ ambassador, Kareena Kapoor Khan – whose persona embodies positivity, happiness and full of life demeanour that naturally blends with what our channel and its content stands for.”

     

  • Sherlock Holmes marketing effort creates positive buzz on social platforms

    By A Correspondent

     

    AXN, the channel that hosts shows spanning the genres of reality, entertainment and drama, premiered the BBC drama Sherlock Season 4 in India with an integrated 360-degree marketing campaign.Taking cues from the global campaign, AXN India adapted the international thought ‘It’s not a game anymore’ and created an India-specific, clutter-breaking campaign. The concept was well received by the fans, which in turn garnered quality social media conversations around the campaign tagline and the show.

     

    With an aim to further the Sherlock craze, all marketing elements like on-air promotions, social media buzz, on-ground association, outdoor campaigns, radio spots and PR tools were strategically used to make the premiere a huge success.

     

    The integrated activities began with a month long on-air campaign that included one-of-a-kind association with India’s leading app Uber and buzziest youth hangout joint Social.The first step was for Uber travelers to unlock the Sherlock code on the Uber app.This resulted in top 100 winners of the activity to watch exclusive screening of Sherlock Season 4 episode before the India premiere.

     

    The 3-weeklong collaboration with Social enabled fans to experience Sherlock’s eccentric lifestyle by being part of an exciting treasure hunt across key Social outlets in India. The fans also got photographs clicked at the Sherlock zone created at the venue, which was equipped with Sherlock props, and win exclusive AXN hampers.

     

    AXN also got on board stand-up comedian of EIC fame, Azeem Banatwalla to take viewers through the ‘Sherlock’ voyage. A 5-minute crash course to all the previous episodes coupled with Azeem’s wacky humour,got the more than one million views creating tremendous buzz online.

     

    Saurabh Yagnik, EVP and Business Head, English Cluster, Sony Pictures Networks India said, “AXN is an aspirational brand for the youth so we strategically partnered with other aspirational youth brands – Social and Uber. We were able to engage with our target audience more efficiently and effectively creating a win-win proposition for all. The response from viewers has been phenomenal. We trended on Twitter for over 110 hours during the campaign period. AXN is home to Sherlock and we reinforced our position as the best destination for iconic shows and characters.”

     

    Shobita Kadan, Director – Marketing & Strategy at Impresario (parent company of Social) said, “We were delighted to partner with AXN and provide a platform for the first ever screening of Sherlock for which we share a common audience. Our patrons; true Sherlockians got the opportunity to enjoy the screening well before anyone else in the country. A 360-degree brand experience was curated through various touch points such as a fun treasure hunt, an interactive photo booth and fun giveaways to reinstating the culture-defining Social experience.”

     

     

     

  • Sony BBC Earth appoints Kareena Kapoor Khan as its brand ambassador

    By A Correspondent

     

    The soon-to-be-launched factual entertainment channel Sony BBC Earth, has roped in Kareena Kapoor Khan as its ‘Feel Alive’ambassador. This is the first time that the actress has become part of a factual entertainment channel.

     

    Saurabh Yagnik, EVP and Business Head, English Cluster, Sony Pictures Networks India said: “We are excited to have Kareena Kapoor Khan as the ‘Feel Alive’Ambassador for Sony BBC Earth. Her personality perfectly resonates with our brand proposition and channel content, which will be revealed soon. I am confident that this unique association will take the factual entertainment experience to a whole new level for our viewers in India.”

     

    The channel will be launched in India soon.

     

  • Sony gives a ‘Plex’ experience

     

    By Anuka Roy

     

    Video Interview by Santosh Jangid

    On Tuesday August 23, Sony Le Plex HD, a Hollywood movie channel from Sony Pictures Networks India Private Limited, was launched. The channel will cater to audiences who seek entertainment not just from mainstream Hollywood movies but beyond.

     

    The channel has programming properties like Le Premiere, wherein one can enjoy a premiere every week. One can watch 52 premieres in the 52 weeks of the year.

     

    With a plethora of English movie channels in existence and some networks offering multiple channels, what was the reason behind launching it now? Said Saurabh Yagnik, EVP and Business Head, English Cluster, Sony Pictures Networks India: “We feel the business proposition and the time is right. It is good that competition is also launched. I do not think we make our moves purely by competitive.”

     

    “In terms of marketing it is about, the focus is on bringing alive the product. But we are not just about great movies; we are about the total experience which we call the Le Plex experience. The Le Plex proposition leverages highly on bringing alive the plex elements in the programme of the channel and we believe that brands cannot be driven by product alone, you need to have a community that backs it together and that is what differentiates the brand. The whole focus will be on creating community which helps build this brand,” said Yagnik about the marketing strategy.

     

    The channel will showcase movies in different slots. In its Le Premiere slot, the channel will showcase Indian television premieres of movies like Spotlight (Academy Award winner for – Best Motion Picture and Best Original Screenplay for 2016), Ex Machina, Foxcatcher and Straight Outta Compton, amongst others. The Magicians slot will showcase the movies and the magic that happens behind the camera of critically acclaimed movies such as The Inglourious Basterds, Schindler’s List, Taxi Driver, Gladiator, Philadelphia and many more. Speaking about how they chose the content and the concept of putting movies in different slots, Yagnik said, “There were a lot of focus groups that we did across key markets. We did a qualitative and quantitative work. We looked at various other data points. Then we based our strategy on that.”

     

    Writer and Director Zoya Akhtar is the Community Ambassador for the channel. Available in High Definition (HD), Sony Le Plex HD launched yesterday (Aug 23) across direct-to-home (DTH) and digital cable platforms. The channel will be promoted across various channels of Sony Pictures Networks, DTH platform, coupled with print, a digital and social media presence to engage with audiences at different touchpoints.

     

  • AXN announces slew of programming initiatives for 2015

    By A Correspondent

     

    AXN has announced a new programming line-up and schedule for 2015. It has tied up with a host of international studios such as CBS, Sony Pictures, BBC, WB, MGM, NBC Universal, Buena Vista International, Fremantle Media, Endemol, FOX and many others.

     

    During weekdays, signature shows like Guinness, Ripley’s, American Ninja Warrior, Wipeout will be aired at 8pm. This will be followed by reality television at 9pm with shows like Fear Factor, So You Think You Can Dance, Top Chef, America’s Next Top Model, Survivor, The Amazing Race etc. The 10 pm slot has a host of famous crime shows like 24, Elementary, NCIS, CSI and many more.

     

    Adding to the dosage, weekends will witness the latest seasons of shows with fresh content airing closer to US dates. Sherlock S4, Supernatural S11, Orphan Black S3, Hannibal S3, Elementary S4, Voice S9 & S10, Madam Secretary S2, Extant S2, CSI: Cyber and Scorpion S3 being some of the best international TV series to watch out for.

     

    Saurabh Yagnik

    Commenting on the new programming strategy and the AXN HD launch, Saurabh Yagnik, Executive Vice-President and Business Head, Sony PIX and AXN said, “Digitisation has opened an interesting opportunity for the Category. For a start issues relating to Distribution and Availability have been addressed. Further, the category has now become more amenable to appointment based viewing. The audience is seeking two kinds of content. One, shows which are iconic and familiar and two, which are served fresh from the US. With strong content partnerships, AXN offers the widest variety of iconic shows in the most diverse genres like premium reality, crime, edgy drama and signature AXN shows. It is home to some of the most iconic characters from various shows. It also offers fresh from US shows on the weekend.”

     

  • Maximising on Bond way for life:Saurabh Yagnik

    By A Correspondent

     

    The world of movie channels have a peculiar problem. There are over half a dozen players, all waiting to break the clutter. And chasing the same audiences, showing similar fare. The challenge then is to look and feel different to viewers. And this is what Sony Pix from the Multi Screen Media stable has been trying to achieve in the last year-odd. That’s how we came up with this entire clutter-breaking packaging and communication, says Saurabh Yagnik, Saurabh Yagnik, Executive Vice-president and Business Head, Sony PIX & AXN India, in an interview, adding: “This got embodied in the words Stay Amazed!”

     

    “The desired response we want from our viewers is that its wow, cool and entertainment with a twist. Whenever we try to do something, we always try to pass through this muster,” says Mr Yagnik, highlighting the success of the ‘Pix School of Bonding’ campaign with tennis ace Sania Mirza.

     

    The challenge for the Bond franchise, says Mr Yagnik, was to “sustain the relevance of a 50-year iconic franchise for today’s youth”.  Bond films had changed hands across some three channels, and the challenge for the Pix thinktank was to create something different. “After our research, one thing we found consistent across Bond films was not the girls, gadgets and gizmos but his evergreen Bond attitude! That’s what we want to bring alive through this proposition. This attitude is relevant to a viewer from a 1962 Dr No right up to Skyfall.”

     

    Thus started the Sania Mirza campaign from November 22 and is scheduled for 12 weeks. Excerpts from a conversation with Saurabh Yagnik:

    It’s unusual to get a tennis star like Sania Mirza to promote a James Bond movie. Was it an easy task to get her onto this… was she your first choice?

    I think she was top of the notch. She was bang on, our first choice and when we presented this idea to her, she also liked it, because it was showing a very different aspect of her onscreen which people hadn’t seen before.

     

    Why this craze for Bond that all our movie channels have. Does Bond still have a pull?And do you think the current festival will help you get to the No 1 or No 2 which you lost recently?

    Absolutely, Bond movies rate very well on television. We want people to look at the Bond franchise in a very different manner. Ratings are cyclical, there are ups and downs, what is required is to have a consistent and a robust strategy based on a deep understanding of a viewer which we believe those pieces are in place for our business.

     

    Tell us about the Stay Amazed positioning. Has it worked for you?

    It’s worked very well. It has created a distinct differentiation for us, it brought us into the Top 2 and for many weeks we were No 1. When we look at all measures including brand tracks, ratings data etc, they both show us that things are very positive for the channel.

     

    But there’s competition from the various other Hollywood channels, from NVODs and DTH channels plus the premium HD channels which carry no ads.

    Competition is coming in more ways than one. Theatre is one competition, Digital, PPV model that DTH operators have, premium services that are being offered… When you talk about channels like ours, they are significantly lower priced compared to the pricing one has to pay for a PPV viewership of a movie or for a premium channel which is ad-free.

     

    What will eventually happen is that a new segment will get created with the right volume and the right mix which is the premium segment where affluent audiences will keep paying for better services. I don’t think we have come to a state where we have critical mass and the right mix to make a viable proposition out of a premium service, but it will evolve over a period of time. English movies in this country is still less than 1.5% of all television. So there’s a lot of headroom for growth.

     

    What’s coming up next on Pix after the 12 weeks of Bond?

    Raid 2, Amazing Spiderman 2, Hercules… We’ve also acquired the Star Wars franchise. Because of the width and depth of the Marvel franchise that we have, we’ll do something around that as well.

     

    Will any of these have promos like you’ve done with Sania Mirza?

    There’ll be differentiation. You can’t be predictable in what you do. It’s about how you create those twists. Everything won’t be in a similar template. Each of our campaigns have been very different in clutter breaking and that’s what our attempt will be.

     

    We had Rocky Pixathon when Mary Kom was happening, it was a great brand fit. We had Priyanka Chopra talking about Rocky as the hero… a hero across all times inspires generations. Watch Rocky Pixathon on Sony Pix and watch Mary Kom in theatres was the joint promotion that happened which beautifully brought out the essence of both Mary Kom and Rocky.

     

     A promotion like this costs top dollars. The brand ambassador, the media you’ve used… do the returns from revenues or sponsorships take care of the marketing monies or is it more of a long-term view for the channel?

    The objective is to ensure you get maximum out of the property itself and we’d like to break even within the property itself and we’re closer to that when we look at the way we’re spending versus the kind of monies we are making. The important thing is not to look at a standalone profitability of a property, but to see its impact in the overall brand.

     

  • Saurabh Yagnik elevated, to oversee English channels at MSM

    By a correspondent

     

    Saurabh Yagnik

    Multi-Screen Media Private Limited (MSM) has announced that Saurabh Yagnik’s responsibilities have been enhanced and he will now also oversee AXN, thus taking charge of the English language channels in the network, effective immediately. Sunil Punjabi, the current Business Head of AXN, will continue to manage AXN and will report into Saurabh.

     

    Saurabh Yagnik, who joined the MSM group just over two years ago, has over 17 years of varied consumer and television management experience, and has been instrumental in building and driving  the English movie channel PIX to attain market leadership.

     

     

    NP Singh

    N. P. Singh, CEO, MSM, said, “With Saurabh’s deep rooted understanding of the English Entertainment Genre, I am certain that he will chart a new and exciting journey for the English Entertainment channels at MSM. We wish him all the best.”

     

  • Sony Pix aims at rising with Skyfall

     

    By Fatema Rajkotwala

     

    Multi Screen Media’s English movie channel offering Sony Pix has announced a comprehensive brand repositioning to be unveiled to coincide with the premiere of the latest James Bond movie, Skyfall. Announcing the channel’s upcoming plans, Saurabh Yagnik, Executive Vice President and Business Head, Sony Pix spoke to MxMIndia on the new brand philosophy, the channel’s way forward and what viewers can expect in the months to come.

     

    Brand Makeover

    Players in the English movie channel category in India have admittedly been fighting it out for the top spot and market share. Since 2000, the space has expanded and seen new entrants, HD channel offerings and even niche channels in the Action or now romance-comedy genre. While the top players – Star Movies, HBO, Movies Now and Sony Pix – continue to claim up to 75 per cent of the market pie, Mr Yagnik pointed out that there is little brand association and differentiation to help viewers recall one channel’s movie properties from another. With most channels promising to be another version of a Hollywood movie destination, Sony Pix feels that there is a need for a fresh approach to branch out to its viewers.

     

    The channel’s market research has brought other key insights to the forefront, which has helped shape the brand’s new philosophy. The channel has observed an increase in time spent and consumption on the category post-digitization.

     

    Talking about Sony Pix’s new brand promise, Mr Yagnik said that the channel will aim to entertain and excite in the way Hollywood does with its new logo, on-air look and tagline, “Stay Amazed”. The new logo uses an adventurous colour theme of blue and the in-vogue ‘neon green’ to move away from conventional colours of the genre and make a fresh connection with the youth.  Big titles, innovative programming with a relevance to the youth, strengthened library tie-ups, cooler promos and a brand new look will be the key differentiators for Sony Pix in the months to come.

     

    The 1pm and 9pm slots on Sunday October 29 are marked for the showcasing of the Skyfall television premiere on the channel. Heavy marketing promotional efforts, across both traditional and new media, are underway to generate conversations and engagement among viewers. The high grossing Bond movie has been picked as a platform for the channel’s new branding launch by correlating the movie’s theme where Bond makes a comeback with a bang. Currently, three teaser promos are on air around Skyfall, to be revealed on the premiere day. The channel has also partnered with actor Hrithik Roshan for an integrated campaign with Krissh 3 to further promote the new brand identity.

     

    Said Mr Yagnik, “Ten channels pose a lot of clutter. We are constantly evaluating market opportunities. Unless we believe there is compelling differentiation, we do not want to offer something unless it is what we think the market requires based on our consumer understanding. Fundamentally, what is most important is if the consumer views one as different from the other.”

     

    Social Media to the fore

    Acknowledging the undeniable need for presence on social media to connect with viewers, Sony Pix is extending its efforts to stand out not only on-air but even on social media. The channel has announced an online avatar, Notty Pixy, a character that will represent the channel on online platforms and talk about Hollywood trivia to differentiate its Facebook and Twitter engagement. The character will also be given an on-air slot on Fridays in the month of November to integrate the platform across media.

     

    According to Sony Pix’s marketing head Neville Bastawala, the Facebook developed app will see viewers through three levels of ‘biggest secret mission’ contest at the end of which the winner will win a trip to the ‘Bond in Motion’ Ashton Martin exhibition in London. The channel’s social media campaign offering around Skyfall will also engage consumers through Twitter.

     

    In defence of contest-based efforts for engagement on social media, Mr Yagnik said that one of the focuses of the channel is to build a Hollywood eco-system to bring it closer for Indian audiences, “We are not looking at armchair engagement; we are aiming at active, differentiated engagement where we want people to come and talk. Even internationally you will find bursts of social media engagement or the other kind where the brand’s personality comes alive through social media. We cannot discount the power of social media because the conversations are a fertile ground for consumer insights. I see it as an extension of the brand’s personality. While there may be many ways of engagement, our social media focus is about differentiation, creating compelling property and encouraging interactivity.”

     

    Some may argue that English movie channels continue to bank on blockbusters and crowd favourites while considering franchise picks to add to their library. Since 2008, the top viewed movies on television have undoubtedly been Avatar, Amazing Spiderman, Men in Black 3, Iron Man etc. How long till we see unconventional movies on English movie channels as opposed to ‘popular’ or ‘blockbuster’ movies that present a lower risk and larger crowd pull, we asked Mr Yagnik. “We have plans to but there are two challenges involved, the first being that we are judged by relative share and in an advertising-based business model, where TVTs and market share are important. It is also to be remembered that for an English movie channel what also matters is the brand’s perception. We will consciously work on both and not just on viewership. We will not compromise perception just because of viewership. We believe in maintaining diversity of movie genres and an equitable genre skew as opposed to showing only action or male-centric movies. If you package a cult movie well, people will consume it if they get the feeling of ‘wow’ or ‘cool’.”

     

    In the upcoming months, viewers can expect to see Sony Pix’s new on-air look, Pixathons – movie marathons on various movie sequels, social media campaigns and contests and juicy gossip from Notty Pixy and PIX Premiere Night – exclusive red carpet screenings for viewers in four cities.

     

    While the English movie channel genre may be cluttered, clearly the Pix attempt is to break through the clutter and wow viewers with action on the telly. And elsewhere.

     

  • Neville Bastawalla joins ex-boss Saurabh Yagnik at Pix

    For Neville Bastawalla, the Saal Mubarak greeting on Parsi New Year day on Sunday had a special meaning. The following day was his first at Multi Screen Media as Marketing Head for Sony Pix.

     

    A marketing professional with over 14 years of multi-brand experience, Mr Bastawalla’s previous stint was with Star India where he joined in January 2011 as Marketing Head for its English channels and was most recently Head – Marketing for Star’s Hindi movies channels since February 2013.

     

    Saurabh Yagnik

    Announcing the appointment, Saurabh Yagnik, Executive Vice-President and Business Head – Sony Pix who was not too long ago Business Head of the English channels at Star India (and hence Mr Bastawalla reported to him there), said, “We are delighted to have Neville join the team and we are certain that his experience and understanding of the business and our audience will help us consolidate our position in the genre. We look forward to a long and fruitful working association with him.”

     

    Commenting on his appointment, Mr Bastawalla said, “I am delighted to begin my association with Sony Pix.  The channel has always uniquely positioned itself in the English movie genre, with a strong content library and innovative campaigns for its premieres and other properties.”

     

    Prior to joining Star, he was Head of Marketing at Mid-Day Infomedia where he spent about four years after a stint with Nickelodeon as Senior Marketing Manager. A management graduate in marketing, Mr Bastawalla has previously done stints with HSBC, Walt Disney Company, Contract Advertising and Mudra Communications.

     

  • Skyfall, Hobbit on Pix post deal with MGM

    By A Correspondent

     

    English movie channel Sony Pix has partnered with Metro Goldwyn Mayer (MGM) Studios, one of the leading studios of Hollywood. Under this arrangement, Sony Pix will premiere the studio’s new titles on television which includes Skyfall, The Hobbit and in future the remake of Robocop. In addition, the channel will also be home to all the Bond titles and popular movies from their stable such as the Rocky series, Terminator, Species, The Pink Panther and Conan the Destroyer to name a few.

     

    NP Singh
    Saurabh Yagnik

    N. P. Singh, COO Multi Screen Media, said, “We are pleased to announce the deal with MGM and this is another step in providing world class entertainment to our viewers.” Saurabh Yagnik, Business Head, Sony PIX said, “Sony PIX is on a strong growth path and has been consistently operating in the No.1/2 slot in the category. It is aggressively strengthening its library through investment in content. This association with MGM will significantly help the channel to operate in the top 2 slots in the genre.”

     

    The association is strategic and gives the channel access to some of the biggest premieres this year like Skyfall and The Hobbit. Sony Pix will also be airing the entire Bond series exclusively on the channel.

     

  • Saurabh Yagnik exits Star to enter Sony as Biz Head, Pix

    By A Correspondent

     

    Saurabh Yagnik

    PIX, the Hollywood movie channel from Multi Screen Media, has announced the appointment of Saurabh Yagnik as its new Business Head. He replaces Sunder Aaron who had resigned in August this year.

     

    Mr Yagnik brings with him a cumulative experience of over 17 years in varied fields. In his previous stint, he was Business Head, English channels at Star India.

     

    Mr Yagnik is a Chartered Accountant with qualifications in Cost Accounting and Company Secretaryship. He began his career as assistant manager at ITC in 1995. In 2000 he moved on to Hindustan Unilever as category finance manager. In 2007, Mr Yagnik joined Star India India as vice-president, Financial Planning & Treasury for the in India. He was appointed as SVP and business head, English channels cluster in 2010 and held the position for two years. He has also had long stints with brands like Hindustan Unilever Limited and ITC.

     

    “I am very excited to be a part of MSM and Pix in the current juncture of its journey. Pix is a youthful brand with unparalleled fan following. Over the years, it has created a definitive mark for itself and has become a leading English movie channel. I am looking forward to working with the team here and take the Channel to being No 1,” said Mr Yagnik.

     

    NP Singh

    N P Singh, Chief Operating Officer, Multi Screen Media said, “We are thrilled to have Saurabh joining us and we welcome him to the MSM family. The industry is at an important cusp and the English movie genre is seeing a lot of transformation. We have great confidence in Saurabh’s abilities and are privileged to have recruited someone of his caliber into the business. He comes in with tremendous knowledge and the channel is going to benefit multi-fold with him as Business Head. We are equally confident that Saurabh will lead PIX to newer highs.”