Chief executive of TAM Media LV Krishnan and and CEO, aMap, Amit Varma, share their concerns on the business of TV ratings in an interview with Ashish Sinha.
A curb on advertising budgets for television by the large companies and economic slowdown have managed to bring down the prime-time (8 pm-11 pm) ad-spot rates of general entertainment channels (GECs) like Star Plus, Zee TV, Sony TV to the levels of 2005-06.
In what is being termed as the biggest hit of 2008, based on its first 10-days box office collection, Shah Rukh Khan starrer Rab Ne Bana Di Jodi has managed to collect about Rs 60 crore so far, of which nearly half has come from the overseas markets.
Bajaj family members are in the final stages of reaching a peace formula to their six-year-old dispute over the division of group companies and assets. Sources familiar with the developments said an announcement can be expected in the next 10 days, but did not want to divulge details.
Korean car maker Hyundai Motors India Ltd said it will have to lay off 2,000 temporary workers, about one-fourth of its labour force, to tide over a decline in car sales. The company employs over 8,400 workers, of which around 3,300 are temporary.
Matter to come before copyright board on January 28.
The cable industry, which reaches over 80 million out of India's 130 million TV-owning homes, is getting ready to strongly oppose the government's move to raise the foreign direct investment limit for direct-to-home service providers from 49 to 74 per cent without doing the same for cable companies.
Nowhere in the world have television viewers been spoilt with so much choice as in India -- there are over 360 television channels on air in the country and applications for another 160 await the government's nod.
This is the second project in the country in which a metro rail project is being undertaken through a PPP model after the 71-kilometre Hyderabad metro project was won by Maytas Infrastructure. According to industry sources, infrastructure major Larsen & Toubro had also initially shown interest for the project, but backed out finally.
This is the first time Hill & Knowlton, part of the WPP group that has several joint ventures in advertising, is venturing into India in this area. The Hong Kong-based company has presence in more than 41 countries across the globe. The PR business has been attracting the attention of international agencies and many have already set up JVs or signed partnerships with Indian players.
Both lifestyle and technical publications are allowed up to 100 per cent foreign investments, according to the norms laid out by the Ministry of Information and Broadcasting. The Al-Abbas group of the UAE, through its publishing arm, Twenty First Century Publishing, will be the 50:50 joint venture partner of Bangalore-based Connoisseur Publishing.
'There are no formal guidelines for security. The Commonwealth Games Federation, London, oversees the preparations. The idea is to ensure that the games go on smoothly. It should not be a fortress,' says A Vasudevan, additional director general, Commonwealth Games Organising Committee.
This means the consumers will have to pay an additional monthly subscription to get these HD channels. Currently, the popular DTH bouquets (80-120 channels) are available at Rs 150-300 a month across most DTH platforms.
The Hindi news channels have recorded a four-fold jump in their ratings for November 27, beating even those recorded by the English news channels, as millions of anxious viewers remained glued on to their television sets watching every moment of the real-time gunbattle taking place in south Mumbai.
If Bollywood's three forthcoming films starring Aamir Khan, Salman Khan and Shah Rukh Khan in Ghajini, Yuvvraaj, and Rab Ne Bana Di Jodi, respectively, become commercially hit then 2008 may prove to be a good year for the Hindi film industry, especially at the time of the economic slowdown.
The FWICE says its 35,000 members will resume work immediately if their pay is raised. Of course, there are several other related demands such as a timebound payment of the shift wage, restricting shifts to 8 hours rather than the current 10-12 hours among others, says a senior FWICE executive. Meanwhile, channels are showing re-runs of old episodes. This has resulted in a drop of upto 55 per cent in their prime time viewership ratings, affecting ad revenue.
Days after NTT DoCoMo of Japan announced that it will buy 26 per cent in Tata Teleservices for $2.7 billion, NRI businessman C Sivasankaran has decided to put on the block his eight per cent stake in the company.
After 11 years of hanging like a sword on PepsiCo India Holdings Ltd, the government's condition that the company must dilute its equity in fully-owned downstream ventures is close to being waived.
The Foreign Investment Promotion Board (FIPB) has rejected a proposal by Tata Investment Corporation (TIC) to issue zero coupon convertible bonds (ZCCBs) with detachable warrants to its shareholders.
The government and Reserve Bank of India are working on measures that include relaxing norms for Non-Performing Assets (sticky loans) and prudential lending to kick-start key infrastructure projects.
