Tag: Shashi Sinha

  • 12-member Master Jury for Creative Abby announced

    By A Correspondent

     

    Last year, Abby Awards 2019 had announced a Master Jury that would judge all the entries in the Creative Abby. The move was hailed as an attempt to raise the level of the adjudication. This year too, the Advertising Club has announced that master jury for juding entries for the 2019 edition.

     

    Prasoon Joshi

    The master jury comprises: Prasoon Joshi, Chairman Asia Pacific, CEO & Chief Creative Officer India, McCann World Group; Arun Iyer, former Chairman & CCO, Lowe Lintas; Agnello Dias, Chief Creative Officer & Co-Founder, Taproot Dentsu; Abhijit Avasthi, Founder, Sideways Consulting; Bobby Pawar, Chairman & CCO, Havas; KV Sridhar, Founder & CCO, HyperCollective; Manish Bhatt, Scarecrow M&C Saatchi, Founder Director; Rajdeepak Das, Chief Creative Officer & Managing Director South Asia, Leo Burnett; Raj Kamble, Founder & CCO, Famous Innovations; Swati Bhattacharya, Chief Creative Officer, FCB Ulka; Prashant Godbole, Founder, ideas@work; Sandipan Bhattacharya, Chief Creative Officer, Grey Group; and Santosh Padhi, Chief Creative Officer & Co-Founder, Taproot Dentsu.

     

    Shashi Sinha

    Said Shashi Sinha, Chair of the Awards Governing Council, Abby Awards 2019 said: “We have always believed that awards are as credible as the jury. We have hence curated a master jury constituting of the best creative minds and thought leaders from the industry, each of who have been icons in their area of work. The versatile and visionary jury will ensure that only the most deserving, ground breaking and effective campaigns emerge victorious.  With such veterans at the jury panel, we are all set for an inspiring and ingenious edition of the Abby Awards 2019.”

     

     

  • India Today’s ‘So Sorry’ series now a mobile game

    By A Correspondent

    The India Today group unveiled its gaming app titled So Sorry Gully Cricket’, featuring politoons in the lineup of players. The app was launched at FICCI Frames last week by former cricketer Sunil Gavaskar alongside Sam Balsara and Shashi Sinha.

    Said Kalli Purie, Vice-Chairperson, India Today Group, “We are really excited to announce the launch of the new game ‘So Sorry Gully Cricket’ at Frames in the presence of such a distinguished audience. ‘So Sorry Gully Cricket’ is a unique game that portrays life and politics in a way that is interactive, real and interesting.  With India heading for Parliamentary elections the timing could not be more perfect. It’s a super example of an integrated use of technology n content.”

    Added Alok Kejriwal, Founder and CEO of Games2win India, the company which devised the app: “Cricket is potentially a religion. We had a perfect ingredient in So Sorry characters and the fusion of the two will work for sure,”. “You will recognise all the characters and sounds. It’s a treat to the ears as well.”

  • Awards Governing Council for ABBY Awards 2019 announced

    By A Correspondent

     

    The Advertising Club and Advertising Agencies Association of India have announced the Awards Governing Council for the Abby Awards. The fourteenth edition of Goafest 2019 is being held from April 11 to 13 this year.

     

    The  committee includes: Shashi Sinha: Chairman of the Awards Governing Council, ABBY Awards 2019, Secretary – The Advertising Club and CEO, IPG Mediabrands India; Vikram Sakhuja: President, The Advertising Club & Group CEO – Madison Media & OOH – ‎Madison World; Ajay Kakar: Chief Marketing Officer, Aditya Birla Capital; Ajay Chandwani: Director, Percept Ltd; Aditya Swamy: Head – Agency Partnerships , Google and Sapangeet Rajawat: Head – Marketing, Hindi Mass Entertainment.

     

    The Awards Governing Council  on behalf of AAAI comprises Nakul Chopra; Chairman – Goafest 2019; Ashish Bhasin: Chairman & CEO South Asia Dentsu Aegis Network – ‎Aegis Group plc; Anupriya Acharya: CEO, Publicis Media India; Rohit Ohri: Group Chairman and CEO, FCB India and Jaydeep Gandhi: Chairman & Director, Jaya Advertising.

     

    Speaking on the focus of the AGC  for the upcoming edition, Sinha, said: The newly appointed Awards Governing Council is committed to ensuring that the awards are inclusive and have multi sectoral  representation. The combined experience  and the expertise of the council is sure to ensure that  all aspects of the awards from jury selection  to jury deliberation and review and  winner announcement thereafter is conducted with the highest standards of due diligence.”

     

    Added Bhasin: “Abby Awards have always been  the highlight of the festival and a key plaform for  the young minds from the industry to showcase the pioneering work done by them through the year . The awards governing council council formed to conduct this marquee awards includes industry thought leaders and media mavens who will come together to deliver another inclusive, highly represented  and  successful  year of the Abby.”

     

    Speaking about the AGC appointment, Sakhuja said: “Winning an Abby has always been a careed defining moment  for and the awards have year on year ensured that only the best in class campaigns that have showcased effectiveness and creativity are lauded. The newly appointed Awards Governing Counicl will ensure that the Abby continue to live up to its repute of being the ultimate industry awards that celebrate meritorious campaigns.”

     

    Said Nakul Chopra, Chairman – Goafest 2019: “Every year, Abbys have  not just recognized the best in best work done by the industry but also encouraged individuals from the industry to innovate and push boundaries to deliver the best creative campaigns.  We are sure that this year too will see  a lot of innovative work entered that will be judged by a renowned  jury panel curated by the eminent Awards Governing Council.”

     

     

  • Republic Bharat claims 73million reach in Week 1

    By A Correspondent

    It’s a ratings-dark period for the media and public at least as only subscribers are privy to viewership data from measurement joint industry body BARCIndia. In the light of this, the launch of Republic Bharat, as noted by MxMIndia in an earlier report, would be impacted given the transition of subscribing viewers.

    Arnab Goswami in a Republic Bharat ad

    According to a communique received from Republic Bharat, in Week 1 the channel has achieved a reach of 73million. Notes the release: “In just seven days, Republic Bharat has made tremendous inroads and onboarded audiences that some established brands have taken many years to reach,” adding: “Coming on the back of storming into English news with Republic TV in May 2017, Arnab Goswami’s Hindi news brand’s Week 1 reach is unprecedented when compared to other launches within the Hindi Genre. The Highest reach genre which is Hindi Movies has seen two launches in last three years i.e. Rishtey Cineplex and Sony Wah and both the channels launched with a reach of 5 cr in its opening week and have grown today 3x of their entry reach numbers… Bharat’s extensive focus on big stories within its first week of broadcast creative massive impact with #MamtaBlocksCBI  and #ShardaStings which not only delivered blockbuster impressions on social media but have also got Republic Bharat the #2 position in West Bengal.”

    It may be noted that the above information (73mn reach) has not been verified by MxMIndia with BARC. However, according to the information we have received, that the 73mn reach – given all the distribution issues — would have been higher if the distribution systems weren’t disrupted. As would the numbers of some other channels. Also, we have learnt that with 73mn reach, Republic Bharat is not in the Top 5 Hindi channels bracket, in terms of reach. Though it’s early days still..

    Said Arnab Goswami, Editor-In-Chief and Managing Director, Republic Media Network: “This is a brilliant start. Republic Bharat has beaten six channels and has a reach of seven crore plus in week one. No Hindi channel has had such a start and it’s a matter of time before we hit no 1 now “

    Vikas Khanchandani

    Added Vikas Khanchandani, CEO Republic Network: “We are extremely happy that Republic Bharat has opened the charts with a massive 73 Mn reach in its maiden week. Our distribution and content teams have worked very hard to give us this fantastic start within the mass reach genre. The reach garnered is the highest that any new hindi channel launch has delivered in its opening week in the last 3 years. I am extremely confident that with this magnificent start the channel will move into the top slot much faster than I anticipated. I am extremely grateful to our audiences and partners that have helped us with their support and acceptance within the Hindi news category.”

    Said Shashi Sinha CEO, IPG Mediabrands: “The Republic team has worked hard to deliver a reach of 73 million in its week of launch. They have given a repeat performance on their launch strategy by delivering big/ breaking stories and delivering massive reach. It’s a very good start and will give them an opportunity to build reach and market share in the coming weeks as the news genre sampling is very high in the run up to Elections. The Hindi genre is seeing an entry of another strong brand after a long gap of six years.”

     

  • Goafest 2019 on April 11-13

    By A Correspondent

     

    Goafest, the Indian advertising industry’s annual convention cum awards, will be held on April 11, 12 and 13, 2019. This year’s edition – the 14th – will see Viacom18 as presenting sponsor.

     

    Speaking about this year’s Goafest, Ashish Bhasin, President of Advertising Agencies Association of India (AAAI) said: “Goafest is the Indian advertising industry’s largest and most representative event . It is not just a festival but an ode to the industry and  the pioneering work done through the year. This year too we will bring to fore an immersive event that will bring together the  industry’s most creatively curious, transformational and inspiring thoughtleaders and innovators from across agencies, brands and media houses.”

     

    Added Vikram Sakhuja, President, The Advertising Club: “Abbys are the gold standard in creative awards and has always recognised agencies and talent that push boundaries and challenge status quo.  Our endeavour with the festival and the awards this year is to ensure exceptional speakers, inclusive participation and thereby gain a headstart on decoding transformational global advertising and communication trends.”

     

    Speaking about partnering with Goafest 2019, Sudhanshu Vats – Group CEO & MD at Viacom18 said: “Goafest has, over the years, cemented its reputation as the country’s foremost amalgamation of the best and brightest of the creative and marketing minds of the Indian business. Our association with them is an extension of our belief that knowledge sharing leads to knowledge enhancement thereby benefitting the entire industry.”

     

    Said Nakul Chopra, Chairman – Goafest 2019: “Goafest is all geared up for an inclusive and engaging 2019 edition. Our endeavour this year is to ensure that multi-category representation and participation, interactivity and thought leadership is at the forefront of all our initiatives. This year too the apex industry event will continue to establish its eminence as a leading knowledge sharing and networking platform and we are happy to have partnered with Viacom18 in building this to further scale.”

     

    Added Shashi Sinha, Awards Governing Council Chair and Secretary, The Advertising Club: “We are all set for the Abbys and are hoping to see some pioneering and clutter-breaking work being entered this year. Abby is the ultimate national benchmark for effective creative communication.   Winning an Abby holds a place of pride in the career lifecyle of every advertising and media professional.  We sincerely hope that  the awards continue to inspire the best minds in the industry to present their best foot forward.”

     

     

  • BARC bags accolades at CII Awards 2018

    By A Correspondent

     

    BARC India bagged the ‘Most Innovative Company in Service – Medium Enterprise Category’ at the CII Industrial Innovations 2018 awards. In addition, BARC also been recognised as one of the ‘Top 25 Most Innovative Companies in India’. The announcement was made at the fifth CII Industrial Innovation Awards 2018 held in New Delhi on December 3..

     

    The Industrial Innovation Awards identify and celebrate innovative Indian enterprises across various sectors. The award has been instituted by the Confederation of Indian Industry (CII), and is one of the most coveted innovation awards in India.

     

    Said Shashi Sinha, BARC India Technical Committee Chairman and CEO, IPG Mediabrands:  “BARC India was set up with the aim to give the industry a measurement system that it deserved, and this could not have happened without having a strong technology backbone. The team at BARC India has been able to give the industry a technology marvel which is capable of providing the industry a representative data that helps them take better business decisions. The CII Industrial Innovation Award is proof of the great work done by the team.”

     

    Added BARC Chairman Nakul Chopra: “BARC India has been a key change agent in the viewership measurement space, and its initiatives have already started to redefine the industry. Since its inception, BARC India has tackled several challenges. But, considering we work in a dynamic industry, these challenges are never-ending. The key to success is to constantly keep innovating and be the change-maker. BARC India has been successful in doing so. We are now looking at implementing some key future projects such as Unified Video Measurement and Return Path Data, which will bring another paradigm shift in the industry.”

     

    Said Partho Dasgupta, CEO, BARC India: “In future, technology will disrupt every single business, be it Cement, Retail, Telecomm, E-Comm or Media. It is therefore important to keep pace with the changing technology. As is said, in tomorrow’s world, the big fish will not eat the small fish, but a fast fish will eat the slow one. We at BARC India firmly believe that innovation is imperative and not a choice. We also believe that it is important to be the fearless first to inspire change and not be a mere follower. I am delighted to see that our efforts have been recognized by CII. We shall continue to empower the industry with our robust measurement,”

     

     

  • Magna Global too forecasts Achche Din: 15.4% adspend growth in 2019

     

    India faced headwinds from two successive regulatory distractions in the form of de-monetization (Nov 2016) and Goods & Service Tax (July 2017). This held back the economic growth to 6.7% in 2017 (8.2% in 2015 and 7.1% in 2016) and its lingering effects continued in the early parts of 2018. With the negative impact fading, the economy is on the recovery mode and IMF has forecast a growth of 7.3% in 2018 and a consistent 7+% growth till 2023 in its October 2018 report. Advertising expenditure per capita continues to grow from ₹ 515.3 in 2018 to ₹ 586.7 in 2019.

     

    Said Shashi Sinha, CEO, IPG Mediabrands: “India is the only market in the world where Print continues to be dominant and is growing in all aspects – circulation, readership and geography. The medium is growing strongly on the back of language which has led to the growth in the number of language newspapers. Secondly, print is growing because of the credibility it offers in this era of fake news. There is no denying that there are platforms causing strain on Print but the attributes of well researched, in-depth content and authenticity can only be endorsed by Print and that makes the medium more credible and hence relevant for advertisers. In 2019 print will further emerge as a dominant force because of all the state elections and the general election and we expect the growth rate to be higher than 2018.

     

    2018:+14%

    Good monsoon backed by minimum support price for crops boosted consumption in rural markets. Consumers got the benefit of lower tax incidence post GST. Digital access got easier and device penetration made a significant positive impact on sectors like e-commerce, auto etc. This growing consumption is attracting the attention of the marketers. Measurement of rural media consumption by BARC and IRS is encouraging advertisers to invest. With economic activity resuming full throttle, overall industry is brimming with positivity and all sectors including Media and Entertainment has shown buoyancy and growth.

     

    Marquee events like IPL was a major revenue spinner despite aggressive acquisition cost. Extended festive period helped advertisers justify higher marketing investments. Magna estimates the ad market in 2018 to accelerate further compared to previous estimates and exit with a +14% growth (+1.5% higher than June 2018) notwithstanding the restraint caused by the natural calamity in southern part of India

     

    2019:+15.4%

    Digital is stimulating overall growth.  High-speed broadband and online video is driving elementary changes.  Though it is still a duopoly of Google and Facebook attracting >70% of the revenue, this will change the balance as OTT and E-commerce ad platforms are gaining scale and are increasingly attracting advertising monies. Advertiser’s confidence in the medium is very strong despite Face Book’s strategy to declutter ads on news feed followed by a rate increase and YouTube doubling rates for their premium assets. The market share of Digital will go up from 21% to 24% of total advertising spends with revenues touching ₹188 Bn in 2019.

     

    Added S Venkatesh, SVP, Magna India: “Digital is leading with +32.8% growth in 2019. Massive expansion in smartphone usage is shifting the consumption from collective to discrete. Streaming video will be the biggest gainer in terms of format and is estimated to double its revenue in 2019. Total revenues will grow from INR 687.75 Bn to INR 793.1 Bn.

     

    Television has immense headroom to grow with 34% of the homes still being Non-TV as per BARC. While organic growth is absolute, cyclical events like ICC World Cup and National elections will generate strong advertising demand. Healthy distribution realisation with digitization gaining momentum will reduce dependence on advertising and aid broadcasters demand better yield. Despite digital growth, TV continues to be dominant as it enjoys unmatched tor of audiences. With 40% allocation of advertising spends, TV will expand+15.4% in 2019 and will continue to grow CAGR +12.5% till 2023

     

    Print: Physical news delivery compared to global trend of negative growth has grown CAGR +1.9% in the last 5 years till 2017 as per ABC. Also the fact that readership has grown across age groups establishes print’s dominance, relevance and growth. English newspapers are facing stiff competition from Digital platforms and this drop in readers is offset by the growth in languages. Publishers are also gearing up to move beyond pure-play print revenue stream.  Print will attract a larger pie of the political campaigning and Government spends because of elections. Real Estate and Education advertising reaching its earlier peak will help achieve growth of +6.2% in 2019.

     

    “Lot of investment is going on Print digital properties including Google’s product Navlekha. The digital edition measurement from IRS when reaches scale will help publishers monetize both forms of readership”, added Venkatesh.

     

    Radio segment is facing surplus inventory because new station launches, in addition, music streaming apps have become easy to access because of fall in data prices. Fearing drop in listenership base, radio stations have cut down advertising load to increase engagement.  While some of the networks have been able to increase rates, this approach is affecting topline growth with advertising revenue witnessing a jump of +12% in 2019. Automobile, finance, real-estate and E-commerce are primary contributors to growth with Government and political spends increasing during the election window

     

    For OOH it will be a promising year with major contributions from OTT and Mobile Apps along with Telecom and E-commerce. Government’s promotion of welfare schemes and Election spending will sustain this momentum. Estimated to recover with a +11.4% growth the category continues to be data scarce and shall hold 4-5% share of total spending.

     

    Key Figures:

  • Nakul Chopra to chair Goafest 2019, Shashi Sinha will helm Awards Governing Council

    By A Correspondent

     

    The Advertising Agencies Association of India and The Advertising Club have started getting set for the 2019 edition of Goafest. The three-day event will be held in Goa in the summer of 2019.

     

    For starters, both organisations have announced the leaders for the coveted posts of Goafest Organising Committee and the Awards Governing Council. Nakul Chopra, Chairman Broadcast Audience Research Council (Barc) India, and Immediate Past President of Advertising Agencies Association of India (AAAI) who has been elected as the Chairman of Goafest 2019 organizing Committee. Shashi Sinha, CEO – IPG Mediabrands and Secretary, The Advertising Club has been elected Chairman of the Awards Governing Council for Abby 2019.

     

    Speaking about the 14th edition of the Goafeset, Ashish Bhasin, President of Advertising Agencies Association of India (AAAI) said: “Goafest has continuously been championing the category’s growth agenda. Our continued endeavour through the festival is to facilitate an enriched festival experience that is immersive, transformational and allows us to contribute to the learning enrichment of the Advertising, Media and Entertainment industry,” adding: “Nakul is an industry veteran and we are sure that his past experience with Goafest and his vision for the industry is sure to translate into an engaging and inclusive festival experience for all.”

     

    On being elected Chairman for the festival, Chopra said: “Goafest is a premiere representation of the Indian Advertising and Media industry. Year on year we have focused on increasing scale, driving inclusivity and ensuring that the festival emerges as a leading knowledge platform.  This year too our focus at Goafest will be to curate a great panel of thought leaders and provide a world view of the evolving Adverting and Media industry trends.”

     

    Speaking about the focus of the 2019 edition of Vikram Sakhuja, President, The Advertising Club said: “Goafest is an idea exchange forum that over the years has emerged into an opportunity where the entire media and advertising fraternity comes together to engage, innovate and share their best work. We are already geared up to bring another immersive edition of this landmark event, promising to up the ante even higher,” adding: “Abby has always been recognised as a gold standard in creative awards and we are sure that Shashi with his deep understanding of the industry and global view will ensure that the awards follow highest standards of due diligence and hold a place of eminence in the advertising, media and entertainment industry.”

     

    Speaking on being elected as Chairman of the AGC, Sinha said “Receiving an Abby has always been a career milestone and held a pace of pride in the life of every advertising and media professional. We will continue to ensure that Abby, that stands for creative excellence, continues to inspire game changing brand campaigns, scale in eminence and emerge as a beacon of inspiration for the new generation of marketers of and brand custodians.”

     

     

  • Initiative wins media mandate for Dish TV

    By A Correspondent

     

    Initiative, the global full-service media agency network of IPG Mediabrands, has been awarded the media mandate of Dish TV India Limited. Dish TV India has two brands under its umbrella, Dish TV and Videocon d2h and Initiative will handle the entire media portfolio of both brands including digital.

     

    Speaking on the partnership, Anil Dua, Group CEO, Dish TV India, said: “The growth of the media and entertainment industry in India is dishing out new and exciting opportunities for us. Our strategic partnership with Initiative would enable widespread reach of our communication effectively to every part of the country. With Initiative’s overall media strategy especially in the digital ecosystem, we look forward to reach our current and potential customers with relevant messaging in the best manner possible.”

     

    Added Shashi Sinha, CEO, IPG Medibrands: “We are very excited to have Dish TV India with us. The Direct-to-Home industry is growing at a good pace in India especially because of the government’s digitisation mandate. As the largest player in the industry with their strong brands like DishTV, d2h and Zing along with several new initiatives that they have planned. DishTV is poised for a great future and we are delighted to partner them in this phase of the journey.”

     

     

  • Ajay Piramal, Sam Balsara recognised at IAA Leadership Awards

     

    By A Correspondent

     

    The International Advertising Association’s (IAA) India Chapter presented the winners for the sixth edition of the coveted Leadership Awards at St Regis Hotel, Mumbai.

     

     

    Key highlights of the panel discussion:

    Prathyusha Agarwal, CMO- ZEEL: “TV has been the source of entertainment for every Indian household for decades and continues to be so. As the entertainment powerhouse of the country we believe only when we come together across platforms, extraordinary happens. Hence, we are here to provide the best solution to the advertisers. We are also witnessing huge growth in the regional markets and connecting with people in their own language is invaluable. Fundamentally, TV is and will always be relevant, but it is also a glorious time for marketers with digital and working together to effectively reach out to consumers”

     

    Sanjay Behl, CEO- Raymond Ltd: “Properties that are being watched in India right now are at an all-time high beating world numbers. Fundamentally, there are two questions in context of media, first being brand position and second which medium helps me build my brand. I feel brands are working towards influencing immediate purchase rather than analysing which medium helps in the long run. No doubt, that the reach of TV is high, it is also quick as product life cycles are short and TV gives you a wide reach within a 30 second Ad duration. It is also intense as TV as a broadcast medium builds passive engagement vs Digital disengagement. I also feel quality innovations have been happening in consumption of the media as TV remains the second highest return on investment after paid research. I truly believe TV is a and will remain a powerhouse medium in our country.”

     

    Shashi Sinha, CEO- IPG Media Brands India: “In the media agency ecosystem, there is a lot of discussion on ratings. I appeal that we must look at first impressions to make actual comparison and what comes easily to traditional advertisers may not appeal to the youth today. I feel TV has a long way to go and is a under nourished medium. However, for people to build brands, India still has a long way to go so one needs to advertise using TV as a medium.”

     

    Partho Das Gupta, CEO – BARC India: “TV today reaches 836 mn individuals across India, we as Indians still are TV fanatics. People are spending 4 hrs on TV in the South of India. Almost 12 hours of advertising gets telecasted in India. Hindi content is still ruling, 688 mn viewers are watching GEC serials while at a similar number 680mn are watching movies which is a higher number than people who watch movies in the theatre. Sports as a genre is also going up. Overall, I would say TV is the biggest dominant medium today and will continue to grow.”

     

    Said IAA India President Ramesh Narayan: “A unique power-packed event, we have with us advertisers, media, corporates all assembled to salute excellence in leadership. This is very inspirational.India chapter has been leading from the front to name a few initiatives #WorktoLivetoWork , IAA Mentorship for Women, IndIAA Regional Awards, Reigniting the Artist and Storyteller in you, IAA Olive Crown Awards, IndIAA national awards and for the first time in 80 years we have IAA World Congress  being hosted in Kochi in February 2019.”

     

    Before the awards were presented, a panel discussion was moderated by Partho Dasgupta, BARC India with eminent panellists –Sanjay Behl, CEO, Raymond, Shashi Sinha, CEO of IPG MediaBrands and Prathyusha Agarwal, CMO, ZEEL on television medium being a strong influencer (See box alongside).

     

    The highlight of the evening saw IAA India inducting veteran industryperson Sam Balsara into the IAA Hall of Fame for doing so much more than just founding and building a great communication company.

     

    Ajay Piramal, Chairman, Piramal Group was recognised as the IAA Business Leader of the Year. Sharing his learnings from the Bhagwad Gita he mentioned it has the philosophy that can be used to practice on a day to day basis. ” Some of the lessons I have learned are to 1. Have courage – keep fighting 2. Be fearless – take the path less travelled  3. Focus on action – results follow actions 4. Be equanimous”.

     

    The event was sponsored by Zee. Lokmat group was Associate Partner. Said Rishi Darda, Joint Managing Director and Editorial Director, Lokmat on the association: “At Lokmat as Maharahstra’s No 1 Newspaper we have always focussed on recognising individuals for their exemplary contribution across various areas. #IAALeadershipAwards  partnership compliments our organisational focus in identifying deserving marketers of today and providing a platform to create awareness on their outstanding work in their relevant area. The stellar jury also adds to the credibility of the event. The attendance of stalwarts in media, the hall of fame induction of Sam Balsara  and the motivation towards mentoring youngsters of tomorrow; all of which is focussed towards nurturing and developing the marketing fraternity. We thank industry for supporting us all through and IRS 2017 not only affirms our Maharashtra leadership but confirmed our leadership in Pune market.”

     

    Here’s a list of the prizewinners:

    Winner List – Leadership Awards 2018

     

     

  • IPG Mediabrands names Vaishali Verma CEO of Initiative

    By A Correspondent​

     

    ​Leading media agency Initiative, part of the Interpublic Group’s media management network IPG Mediabrands​, ​has announced ​the elevation of Vaishali Verma​ ​​as Chief Executive Officer of the agency. Verma will report to Shashi Sinha, CEO, IPG Mediabrands India and will oversee India operations.

     

    ​Said ​Will Anstee, Regional President, Initiative – APAC​:​ “I couldn’t be more excited to have Vaishali steer and deliver on our Initiative proposition in India. Her passion for the craft, her consistent high performance and the conscientious way she approaches every task, make her the natural choice for the role.”

     

    Talking about the appointment, Shashi Sinha, CEO, IPG Mediabrands India, said​:​ “What makes this truly special is that Vaishali is an insider and has grown from strength to strength in the Group, over the last twenty years. I am hugely proud to have such superlative talent from within steering the ship. She embodies IPG’s culture and values and is an inspiring leader. I couldn’t have found a better person to lead Initiative Media.”

     

    ​Added ​Verma​:​ “The advertising business is going through the most interesting times and it has never been more difficult than now to get consumer attention. Fortunately there is a better way of building audience relationship by being as relevant as possible and at Initiative we use Culture as the bridge to stay relevant. Culture forms the canvas and the fabric of how we lead our lives. We help brands grow through culture by distributing ideas, content and conversation. At Initiative, we have the best of the global and local clients, the finest talent in the industry and cutting edge media tools. I think we have an opportunity to help shape the future of how brands engage with consumers. To be a part of this opportunity, to shape it with some of the sharpest minds in the business, is what excites me.”

     

    A MICA alumn​us​, Verma started her career in advertising as a media planner with Mudra Communications in 1995 charting media strategies of brands like McDonalds, Samsung and Nestle. She then moved to Universal McCann in 1997 as a senior media planner and worked with brands like General Motors, Reckitt Benckiser, Gillette, Madura Garments and ICI Paints. She joined Lodestar UM as ​General ​Manager and handled brands like Wipro Consumer Care, Intel, ING group, Madura Garments. In 2014, Verma was named the COO of Initiative and she has been overseeing the agency’s entire business in Southern India with the likes of Amazon Seller Service, MRF, Jockey, 3M etc. leading a team of 100+ strong media professionals.

     

     

  • Rejoice! IRS2017 is out!

     

    By A Correspondent

     

    There has been much sense of anticipation about IRS2017 since a few months when the finishing touches and validations were being conducted. And when the toplines were unveiled finally in the presence of around 250+ media professionals and over 10,000 others over a live webcast facilitated by MxMIndia and 24FramesDigital, there was a deep sense of relief.

     

    There were some who were dismay as they didn’t do very well in the basic data that was revealed, there were some others who were wondering why the MRUC and RSCI weren’t rolling out the bubbly.

     

    So first let’s read the official press release that we were given post the unveiling:

    The Readership Studies Council of India (RSCI) and Media Research Users Council (MRUC) are pleased to announce that the Indian Readership Survey (IRS) 2017 Report has now been released.

     

    For the record, the IRS 2017 Report covered a full year sample of 320,000 households – the highest ever in the history of any readership study in the world. The large sample size was backed by a meticulously designed methodology, which saw the use of 100% Dual Screen CAPI followed by a tighter scrutiny process via continuous backchecks, accompaniments, use of audio recordings, and third-party field audits. These enhanced levels of Quality Control deployed by the IRS TechCom has ensured veracity of data capture for all quarters. The robustness of capture of media consumption across all media has been significantly enhanced due to the increased sample size and better representation across all pop strata.

     

    All key stakeholders had been actively engaged by RSCI and MRUC all through the fieldwork period to keep them updated and aligned on the progress.

     

    Some exciting new features have been included in this round of the IRS.

     

    Reach analysis across all media types has now been brought to a common platform with the introduction of 1-month penetration numbers for all media types. This will now enable an apples to apples comparison across media types.

     

    The IRS 2017 Report also offers new readership metrics. Apart from the standard and well-established Average Issue Readership metric, one can now look at data from the perspective of Total Readership (TR), and Readership of publications by time frames of Last 7 days and Last 3 days.  These new metrics have been introduced to provide a true representation of the changing consumption habits among Newspaper readers.

     

    Another interesting development has been the capture and reporting of readership for the Main issue of Newspapers versus their Variants. Each of them are now reported separately in IRS 2017.

     

    Commenting on the release of IRS 2017 Report, Ashish Bhasin, Chairman, MRUC and Chairman and CEO – South Asia, Dentsu Aegis Networks, said: “According to the findings of the Report, 39% of Indians (12+ years) read newspapers, and 20% of all newspaper readers in 50 Lakh plus population towns read newspapers online. These numbers most definitely tell us that there is a bright future waiting for the Print industry. I’m also hoping that we will now begin to see advertisers and media agencies taking Print more seriously. Increased readership numbers for newspapers and magazines will pave the way for publishers to increase their revenues, which would in turn help increase the size of Print as a medium.”

     

    Bhasin further said: “The support we have received from across constituencies for bringing out this Report was phenomenal and it was very pleasing to see the key stakeholders contributing in many ways to improve the study that has been in existence since more than two decades.”

     

    Noted Shashi Sinha, RSCI Managing Committee Chairman, and CEO, IPG Mediabrands: “I’m delighted to share that the findings of the IRS 2017 Report mirrors the market reality in terms of media reach and the performance of individual media channels be it newspapers, magazines and broadcasters.  The methodology deployed to capture data quarter-on-quarter was the very best for a study of this scale and kind, and the sheer focus on Quality Control makes this Report a reliable one and a real stand out.”

     

    Said NP Sathyamurthy, Chairman – RSCI Technical Committee and Executive Director, DDB Mudra Group: “The IRS 2017 Report is the outcome of great minds from different streams working together toward a common and shared goal to come out with a research that sets the highest standards globally. Absence of readership data for four years meant that we had to work that much harder and smarter to bring the study back in action and in line with the market truths and expectations.”

     

    Sathyamurthy further noted: “From 2016, when we began the fieldwork, up till last month when we completed the validations for all four quarters, the journey wasn’t easy, and had its own special twists and turns. Furthermore, we have strengthened the Report with additions such as TR, readership numbers for 7 days and 3 days and the separate reporting of newspaper variants. IRS 2017 marks a new innings for this trusted Industry study.”

     

    There were murmurs against the return of Total Readership (TR) as a currency. At least two publishers and a former member of the thinktank rubbished the decision of using TR and alleged that it has been done at the behest of some powerful newspapers who want to project a healthy picture for the industry. When a senior functionary associated with IRS2017, he/she retorted that it was the Board’s decision to use TR, and not the whim of an individual.

     

    Another senior media agency professional told MxMIndia, that there is a crying need for an apples-to-apples comparison being thrown by audience measurement studies.The professional told us about how in the case of television audience measurement too, the metric deployed in public is impressions. Similarly, he/she told us that there is merit in a metric that will help planners make more informed decisions will help the agency fraternity considerably. Meanwhile, an advertiser who MxMIndia spoke with, underscored the need for a realisation that there is need for a good, solid currency for all media. “It’s time media owners realise that we will only put money, when we can be sure of performance… We are not in the business of charity.”

     

    Indeed.

     

    Meanwhile, the data is set to roll from the second half of today. However, it will be downloadable only if users agree to a Code of Conduct/Usage. What this Code contains, the heads of RSCI and MRUC didn’t tell us at the launch on Wednesday, but there are indicators that the Code could make it difficult for publishers to fool around much with the way they slice and showcase data.

     

    IRS 2017 Launch toplines