MxMIndia

Tag: viacom

  • The channel will launch on June 1 with eight premieres on 8 consecutive days

    Viacom18 to launch Colors Gujarati Cinema on June 1

    By A Correspondent

    Viacom18 has announced the launch of Colors Gujarati Cinema, the first 24-hour movies channel in Gujarati. With the tagline of Filmo Matrubhasha Ma, which translates into Movies in your mother-tongue, the channel will launch on June 1, 2019 as a pay channel. It will be a part of the network’s primary distribution ‘value pack’.

    Said Sudhanshu Vats, Group CEO & Managing Director, Viacom18: “Four years ago, we consolidated and rebranded our play in regional TV broadcast under the Colors umbrella. Since then not only have we added seven more channels but also entered new markets through our broadcast, digital and films businesses. Over the last two years our regional cluster has grown at a CAGR of 36.5% in viewership and 22% in revenue,” adding: “Gujarat presents a unique opportunity for us as we can leverage our regional GEC Colors Gujarati’s strong 43% market share position and capture a current whitespace in the market – movie broadcast.”

    Ravish Kumar, Head - Regional TV Network,and Sudhanshu Vats, Group CEO & Managing Director, Viacom18 at the announcement of COLORS Gujarati Cinema
    Ravish Kumar with Sudhanshu Vats

    Added Ravish Kumar, Head – Regional TV Network, Viacom18: ‘’Gujarati language has clocked the highest growth rate amongst all language TV viewership with an astounding 36% year-on-year growth. Movies as a TV genre enjoys 25% viewership in Gujarat, a state with an 87-year-old legacy of producing films and plays. With the absence of a premium television channel showcasing Gujarati movies, it was the perfect whitespace for us to capture. Not only does Colors Gujarati Cinema provide for a business case but also allows us to give the people of Gujarat a destination to enjoy movies in their mother-tongue. With Colors Gujarati Cinema, we aim to respond to the regional market’s appetite for high-quality content while retaining its socio-cultural identity through a rich library of 300+ films and plays.”

    The network is planning a 360-degree marketing campaign across pre-launch, launch and sustenance phases. The state will see major print and radio campaigns across all major publications and stations. Marketing campaign will be headlined by an industry-first RAP anthem which has been shot with popular Gujarati actor Jimit Trivedi to capture the pulse of the youth. An OOH campaign across 23 major towns of Gujarat and a television campaign across Colors Gujarati and the market’s top non-network channels will see an ad blitzkrieg with 1000 spots aired. In a marketing tie-up that brings unprecedented scale to the launch, Colors Gujarati Cinema will run an in-theatre campaign that will launch with Salman Khan’s upcoming Bharat.

  • The 1% stake buy indicates a USD 2 bn valuation for the Reliance-owned TV18 and Viacom joint venture

    So what does the Reliance controlling stake mean for Viacom18?

     

    By A Correspondent

     

    It was sure to happen. Reliance Industries is a serious player and investor in the TMT ecosystem, and more importantly, anything that fuels its telecom business.

     

    When it first chose to invest in Network18 in 2012, it had indicated that the investments in media would eventually help in building the content pipeline. There were many reservations expressed when the Mukesh Ambani-run Reliance Industries took complete charge of the news business of Network18 (and Television18) in July 2014. The reservations then may have been with reason given the fear that big business-controlled news business will bring in its own commercial and political interests into play. However, as has been seen, all these were proved incorrect. Editorially, the news offerings are objective, and decidedly a lot more than some of the rightwing channels.

     

    A CNN-IBN may have opted out of getting a bigname news anchor, but that has actually worked in its favour. Rahul Joshi as CEO of the news business and group editor-in-chief has elevated the overall standards. And from what we learn, there is an overall delight with the big(g) bosses at Reliance Industries headquarters.

     

    In fact it’s the pace with which Reliance work could significantly help Viacom18 change gears, say industry observers.

     

    There is also delight over the Viacom18 valuation of USD 2 billion. This was determined by the one percent stake buy by the Reliance Industries-owned TV18 at the value of USD 20 million or around Rs 127 crore. The transaction is likely to be completed in a month.

     

    Until the announcement happened, both Viacom and TV18 had an equal 50 per cent equity in the joint venture. Viacom18 started out with three channels and it has grown into a 44-channel multiple platform business including films, merchandise and live entertainment.

     

    Meanwhile, the brand and content licence between Viacom and TV18 has been extended by another decade which will ensure the continuance of channels like MTV, Nickelodeon, Comedy Central etc in the fold. Viacom18 has reported total revenues of Rs 30,407 million in financial year 2016-17, charting a 40x-plus growth in topline since inception.

     

    This is what key captains of the Network18, Viacom and Viacom18 said in a communique:

    Adil Zainulbhai, Chairman – Network18: “The transaction further enables our vision for Viacom18 to accentuate its focus on excellence and integration in the broadcast and digital space. The entertainment powerhouse continues to be bolstered by Viacom’s global expertise in content creation and curation, along with Network18 group and affiliates’ strength across the media & telecom value-chain”

     

    David Lynn, CEO – Viacom International Media Networks: “Viacom 18 is one of the fastest growing companies in India’s dynamic media and technology sector and, as a result of this transaction, we believe it will be even better-positioned for accelerated growth through closer integration and alignment with the Network 18 Group and its affiliates, including India’s fastest growing mobile network, Jio. Viacom remains strongly committed to our Viacom 18 joint venture with the Network 18 Group and we are retaining the vast majority of our ownership stake in the company. We’re delighted to extend our licensing deal with Viacom 18 and see clear potential to expand it in live events and recreation, in line with our growing global presence in these lines of business.”

     

    Sudhanshu Vats, Group CEO – Viacom18: “We turned 10 last year and our growth journey has been exciting to say the least. None of this would have been possible without the support and commitment of both our partners. This development will allow us to leverage deeper synergies with Jio as we enter our next growth phase. As India’s youngest full-play media organization, we remain committed to winning the hearts of our audiences across all our on-air, on-line, in-store, in-theatre and on-ground businesses- and enriching the digital life of every Indian.”

    The key factor in the development is doubtlessly TV18 taking operational control of Viacom18. Given Reliance Jio and a significant interest in the growing the media and entertainment landscape, it is expected that there will be greater synergies. Also, given the larger interests of Relaince Industries in sports, an entry into sports broadcast is not totally ruled out. Beyond the current baby steps that the group is taking with the tri-nation Nidahas Trophy next month.

     

    What remains to be seen is how the plans for Voot play out, given that Jio has its own platform plus there’s Alt-Balaji.

     

     

  • Viacom and TV18 reaffirm commitment to grow the joint venture

    TV18 to increase stake to 51% in Viacom18, the JV with Viacom Inc

    By A Correspondent

    TV18 Broadcast and Viacom Inc, joint-venture partners in Viacom18 Media Private Limited, have  that TV18 shall take operational control of Viacom18. TV18 shall raise its stake to 51% by acquiring 1% of Viacom18’s equity from Viacom Inc. for a cash consideration of US$ 20mn. The brands and content licence agreement between Viacom Inc. and Viacom18 also gets extended by 10 years.

    The partners believe that in the fast-evolving Media & Entertainment landscape in India, TV18 can drive value-addition and synergies across the multi-platform group comprising broadcast, digital, filmed and experiential entertainment and media businesses. Viacom continues to hold 49% in Viacom18, and shares TV18’s vision for scalability and enhanced efficiency at Viacom18.

    Said Adil Zainulbhai, Chairman – Network18: “The transaction further enables our vision for Viacom18 to accentuate its focus on excellence and integration in the broadcast and digital space. The entertainment powerhouse continues to be bolstered by Viacom’s global expertise in content creation and curation, along with Network18 group and affiliates’ strength across the media & telecom value-chain”

    Added David Lynn, CEO – Viacom International Media Networks: “Viacom 18 is one of the fastest growing companies in India’s dynamic media and technology sector and, as a result of this transaction, we believe it will be even better-positioned for accelerated growth through closer integration and alignment with the Network 18 Group and its affiliates, including India’s fastest growing mobile network, Jio. Viacom remains strongly committed to our Viacom 18 joint venture with the Network 18 Group and we are retaining the vast majority of our ownership stake in the company. We’re delighted to extend our licencing deal with Viacom 18 and see clear potential to expand it in live events and recreation, in line with our growing global presence in these lines of business.”

    Said Sudhanshu Vats, Group CEO – Viacom18: “We turned 10 last year and our growth journey has been exciting to say the least. None of this would have been possible without the support and commitment of both our partners. This development will allow us to leverage deeper synergies with Jio as we enter our next growth phase. As India’s youngest full-play media organization, we remain committed to winning the hearts of our audiences across all our on-air, on-line, in-store, in-theatre and on-ground businesses- and enriching the digital life of every Indian.”

    What started out as a broadcast business with 3 channels – MTV, Nickelodeon and Vh1 – in 2007, Viacom18 today has 44 television channels across 80 countries in six different languages. It has also diversified into 5 lines of business, spawning broadcast, digital, films, merchandise and live events. Viacom18 has reported total revenues of Rs. 30407 million in last financial year 2016-17, charting a >40X growth in topline since inception.

  • As the first of the five regional ETV entertainment channels adopt Colors on March 22, we speak with the Viacom18 Group CEO

    Building on Colors. Interview with Sudhanshu Vats

     

    It may have been more of a coincidence. A day before the first day of the festival of colours, Viacom18 announced its five regional entertainment channels would drop the ETV branding and adopt Colors. The ETV GECs, owned by Prism TV Private Limited and part of the Viacom18 networks, has operations in the Hindi entertainment, youth, children, English entertainment and regional clusters.

     

    Speaking to MxMIndia, hours after making the announcement, Viacom18 Group CEO Sudhanshu Vats said the exercise helps in building the Colors franchise. Colors, as a brand, has become the cultural touchstone for millions of Indians across the world, he said.

     

    Meanwhile, Colors Marathi will be relaunched on Sunday, March 22 starting 6:30 pm with MICTA awards (the Marathi film and theatre industry awards like the IIFA) and two new shows starting March 23 – Majhe Hoshil Ka and Sakhi. Colors Oriya will go live on April 1 while the Bangla channel will happen on April 12. Colors Kannada and Gujarati will go live on April 19.

     

    Excerpt from an interview.

     

    The rebranding of the entertainment bouquet with the Colors prefix may now appear to be a no-brainer. But for how long has this been in the works?

    Yes, Colors’ foray into other general entertainment spaces or language general entertainment is natural. From a strategic point of view, it expands the footprint of Colors as a brand. Particularly in general entertainment, we are a multi-brand media network. So, whether it is Nick in kids or MTV in youth and Colors in general entertainment, the natural extension of all our marquee brands into subsequent languages is a very natural strategic move. I think ETV as a brand enjoyed legacy, because it was the first regional brand, it had history and huge loyalty to some extent. But one of the things we noticed was that it had also aged a little and was not contemporary enough. If we juxtapose ETV with Colors, Colors, as a brand, stands out for its young, modern, urban, contemporary and innovative nature. Therefore, from a consumer angle as well as strategic point of view, it was almost natural that you move as we build it.

     

    So just as youth brands are under MTV and for kids, there’s Nick, couldn’t we have had separate brands for the regional and Hindi GECs?

    It all depends on how you look at it as a segment. If you look at the genre as general entertainment and within that regional and language segmentation, then may be one brand for general entertainment, which is indeed Colors, does make sense. And, therefore, it has the capacity to have that scale. While Hindi is of course predominant in India, without doubt, at this movement at least, in viewership too, regional is also catching up the fast. To be honest, the answer is yes one could have had a dedicated brand. At the same time, could you have extension of your GE brand into other GE spaces? The answer is yes again. To me from some scale and some brand halo and Synergy point of view, may be it makes more sense to sort of…

     

    The Colors as channel we know it is not going to be rechristened?Or suffixed Colors Hindi?

    No.

     

    Colors, the Hindi GEC brand, is bold, young, urban breaks barriers and, well, a lot of money is spent on its programming and marketing. The expectation will be the same from the language GECs? And if not fulfilled, it could have a slightly negative rub-off on the Hindi GEC?

    We will of course try and play out the same brand philosophy and brand mantra. That’s the thinking behind it.

     

    In terms of programming are you looking at a significant change from what’s there right now? Or will we see a significant leap in look, feel and content?

    I’ll answer this in two parts. TV18 expressed its interest to acquire ETV in 2011-2012. Basically, post-TV18’s acquisition of ETV, we’ve been associated with them from a synergy point of view. What we’ve done across these regional Prism channels is let the Prism team look at some of the things they can pick up. To give you some of the examples, we’ve already attempted Big Brother in Bangla and Kannada. In Kannada, the Prism team has looked at ‘Dancing with the stars’ which is ‘Jhalak Dikhla Jaa’. It is in its second season and has been very successful and is already the No 1 show this year. We’ve also looked at few shows that are about ideas from Viacom18. Let me give you an example of another show called ‘Indian’ we ran on ETV Kannada. It’s Roadies meets Bigg Boss! There are also programming shows like Balika Vadhu, which are remade, Madhubala, Uttaran, in regional forms. From a programming perspective, it’s a two-stage journey. Journey 1 is already on from synergies and it has helped uplift the viewership of these channels. And #2, as we launch with the rebranded Colors, you’ll see considerable change in programming.

     

    Will there be any change in the Hindi GEC?

    Colors continues its journey. We’re a strong No 2 as you know and we’ll continue to work on that. That’s a completely independent piece.

     

    The launch of &TV means some tough competition for Colors, right?

    Early days. We’ve It’s been positioned as an urban channel with some amount of social messaging, reasonably high decibel and expansive non-fiction. So, the zone you seem to see it is in Colors. The direct competition could be more with Colors. It makes a lot of sense if you step into Zee’s boots. Zee enjoys a huge legacy. They enjoy a tremendous first-mover advantage, clearly in distribution. I think they’ll be ahead of Star, in sheer distribution. Because of that, I can say that they are slightly less urban.

     

    Would you at any time look at a mid-market GEC?

    We keep evaluating from time to time. There are two ways of looking at it. One is that may be there is more room for more GECs in India and that could be a hypothesis. The second is that people have tried and not many have succeeded. You had others, headed by people who had reasonable experience. Off late also, Zee’s Zindagi made a very different attempt. Sony Pal, which is almost like a full-fledged GEC, wasn’t very successful. We’ll see what comes there. There is one school of thought that there are four or five GECs which have established themselves and may be as a GEC there is room for just about this much. The second school of thought is that there is more room. To answer your question, yes we are looking at it, evaluating. We don’t have anything firm at this moment.

     

    Surely, more is in the offing. We hear about an English GEC. Any indicators of the directions you are looking at?

    My answer on this one is also similar. I don’t want to say something we’re not yet firm at. Basically, you’ll be seeing more offerings. I can’t share them convincingly till I don’t know them well. But, yes, we’ll continue to deepen and strengthen our presence in the genres we’re playing in.

     

  • The idea of getting Ashvini Yardi (who had earned her stars as programming head at Zee) was a great one. But could CEO Rajesh Kamat and she be able to match the maharathis and former Star India CEOs Peter and Sameer?

    Mediaah!: How underdog Colors won the great GEC battle

    By Pradyuman Maheshwari

     

    Having tracked the journey of both Television 18 and Viacom from their early days (in India in the case of Viacom), there was much desire to see both groups succeed.

     

    But I thought they were being too ambitious to launch a Hindi GEC in 2008. The market was already very crowded and with the whizkids of broadcasting Peter Mukerjea and Sameer Nair also in the fray, the sentiment then was that it was going to be well-nigh impossible for any new channel to be a success.

     

    I was sure the Network 18 team wouldn’t get it right. They had had success with CNN-IBN but entertainment wasn’t like news. Good content doesn’t necessarily maketh a GEC.

     

    The idea of getting Ashvini Yardi (who had earned her stars as programming head at Zee) was a great one. But could CEO Rajesh Kamat and she be able to match the maharathis and former Star India CEOs Peter and Sameer?

     

    I think what changed my outlook to the channel’s launch was the news that Akshay Kumar was signed to do a Fear Factor. The folks meant business and Akshay was then the reigning king of Bollywood. Plus the team was young, friendlier (than the others) and indulged us in the media.

     

    A week before the launch, most of us had wanted Colors to succeed. Even advertisers and media agencies longed for a worthy alternative to the existing slew of channels. And after the ratings for the first two weeks came in, we were sure the channel was a winner.

     

    Even then there were naysayers telling us that the magic would fade away. Regrettably for them, it didn’t. Soon Colors dethroned Star Plus as the numero uno Hindi GEC.

     

    I remember writing then that it was complacency that had seen Star Plus go down, a comment that didn’t work very well with some people internally and of course the biggies in the business. But a year-odd later, when I spoke to Star India CEO Uday Shankar, he admitted that the channel getting complacent. I asked him just to let people know that my earlier statement was based on some digging in, and not speculation.

     

    **

     

    My first major interaction with Rajesh Kamat happened only when I had this interview on the first anniversary of the channel in Impact magazine. It was an extra-long 6000-word interview. Rajesh had then told me how it helped being an underdog. “It made us focus on our own efforts. Also what happens is when you’ re an underdog, you push yourself to give 200%.” He mentioned how he learnt several tricks of the trade from Sameer Nair, and knowing that the former Star India CEO would’ve tracked the rise and rise of the channels, we invited him to do an appraisal for this fifth anniv package.  The Impact interview isn’t on the Net, but I found a Word version on my Gmail archives. Inbox me if you want a copy.

     

    ***

     

    In many ways, the launch of Colors also marks a little over five years I have spent in the M&E media. I can’t claim the same kind of success that the channel has achieved, but, yes, the ability and desire to try and do stuff that has not been done before is there.

     

    Here’s to many, many more colourful years for Raj Nayak and Team Colors (and the folks at Network/TV 18, Viacom and Viacom 18)!

     

  • Anuj Gandhi, CEO of IndiaCast and the yet unnamed proposed jv of IndiaCast and DisneyUTV on what the new entity means for the business

    Jaldi 5 with Anuj Gandhi, CEO, IndiaCast: No dramatic, but fundamental change

     

    Anuj Gandhi, CEO of IndiaCast and the yet unnamed proposed jv of IndiaCast and DisneyUTV and a veteran in the distribution space, on what the new entity means for the broadcast business

     

    Anuj Gandhi

    01.         IndiaCast was already distributing Disney channels in India though UTV wasn’t being distributed by you… so there will be no dramatic change on the ground. Right?

    No dramatic but fundamental change in the way we are perceived in the market.

    02.         As someone who has been a participant and watcher of the Indian broadcast space, would you see any more consolidation in the space?

    Some small pieces are still to be sorted but no major change at the national level – next phase may focus in the regional space

    Will IndiaCast be ‘game’ for more partners from independent clusters of channels?

    We will look for quality rather than quantity and also brands/products which add value to the overall bouquet

    03.         Much done, yet Mediapro with 70+ channels is still far ahead of IndiaCast. What will narrow the gap in the weeks/months/years to come?

    I don’t think we need to narrow any gaps – will like to focus on what we have and how to ensure that we get our fair share in the market.

    With distribution companies such as IndiaCast playing a critical role for monetization of channels in a digitized world, do you see such a consolidation move helping achieve that?

    Yes, it does. Also, it gives us a much wider reach and helps in better negotiations.

    04.         Your international and new media distribution and syndication will not be part of the jv. Would you see independent JVs/consolidation happening towards that too?

    These streams are still growing for us and traditionally there hasn’t been much consolidation, so not sure. We would like to build on what we have rather than aggregation.

    05.         It’s interesting that the world’s largest media conglomerate (Disney) ties up with a jv of the fourth-largest media conglomerate (Viacom) for distribution. Was it just the ground realities in India that brought you’ll together or was it a lot more?

    I think it is the way distribution business in India works where aggregation happens at the content level. So, it is just ground realities in this market.

     

  • Deepak Lamba's rise to President of Bennett, Coleman and Company Limited is phenomenal and inspirational to young media professionals

    The Rise and Rise of Deepak Lamba

    By A Correspondent

     

    When MxMIndia broke the story of Deepak Lamba joining Bennett, Coleman and Company Limited as President, the news spread like wildfire (see link http://www.mxmindia.com/2012/06/first-on-mxm-deepak-lamba-joins-bccl-as-president/). As it spread amongst media circles, it was decidedly the most read story on MxMIndia over the weekend.

     

    Mr Lamba is one of the youngest professionals in Indian media to occupy the position of President of a large Indian media conglomerate like The Times of India group.

     

    Until end-April, Mr Lamba was with Bloomberg UTV as business head. He made a sudden exit with no indicator of his next port of call. Except that it was to be with a leading media corporation with diverse interests.

     

    Although Mr Lamba was not available for comment and nor was it officially announced at BCCL until Friday evening, MxMIndia learns that did join the company on June 1. There is no word on his portfolio except that he is likely to be heading a few new ventures that the group proposes to enter. MxMIndia also learns that the proposed venture may not be in television, the business he has been working with at Bloomberg UTV and MTV, though there may be some linkages.

     

    Mr Lamba’s rise and rise has been phenomenal and is in fact inspirational to those without any godfathers in the business and/or no Ivy League education. A student of Pune’s premier St Bishop’s School later the Wadia College, he did his MBA from the Pune University thereafter. He was business head of Bloomberg UTV from January 2010 to April 2012 and prior to that was Director – Viacom Brand Solutions and worked with MTV India for five years.

     

  • Former Bloomberg UTV business head Deepak Lamba joins The Times of India group as President

    First on MxM! Deepak Lamba joins BCCL as President

    By A Correspondent

     

    Deepak Lamba who had moved on from Bloomberg UTV as business head in end-April has joined Bennett, Coleman and Company Limited as President.

     

    Although Mr Lamba was not available for comment and nor has it officially been announced at BCCL, MxMIndia learns that he has joined BCCL today. He is likely to be heading a few new ventures that the group proposes to enter.

     

    Mr Lamba was business head of Bloomberg UTV from January 2010 to April 2012 and prior to that was Director – Viacom Brand Solutions and worked with MTV India for five years.

     

  • Bloomberg UTV business head Deepak Lamba is moving on. Destination and his replacement are not known.

    Fm y’day: Deepak Lamba quits Bloomberg UTV

    By A Correspondent (updated)

     

    Bloomberg UTV business head Deepak Lamba has put in his papers. Mr Lamba is reported to be serving notice and he will be at the channel till end-April, sources close to the development informed MxMIndia.

     

    Mr Lamba, has been business head of the channel since January 2010, and earlier reported to Mr M K Anand and more recently to the Board said to be comprising two representatives from Reliance, one from UTV and a fourth from Bloomberg.

     

    MxMIndia has learnt that a replacement for Mr Lamba has not been named. Before joining Bloomberg UTV, he was Director – Viacom Brand Solutions and worked with MTV India for five years.

     

    Mr Lamba is reported to be moving to a larger role in a larger conglomerate, sources tell us.