• Lifestyle International reports 12% revenue growth to Rs 8,467 crore for FY 18-19

    Retail fashion brand conglomerate Lifestyle International Private Limited has reported its revenues for the financial year 2018-19 as Rs 8,467 crore, a 12 per cent jump since the last financial year. The company further reported a net profit of Rs 426 crore during the same fiscal. This is a 5 per cent increase from the last financial year. The company’s total expenses for the fiscal were reported as Rs 7,827 crore as per financial data accessed by business intelligence platform Tofler.

    In response to exchange4media’s query, Srinivas Rao, Senior Vice President-Marketing, Lifestyle, attributed the growth to the brand’s focus on strong execution and their customer-centric approach. Rao also shared that the brand will be expanding the offline footprint, targeting to reach the 100-store milestone in two years.

  • DTH ops divided on introduction of 15% cap on broadcaster bouquets

    MUMBAI: The direct to home (DTH) operators have presented their views on broadcast tariff-related matters in their submissions to the Telecom Regulatory Authority of India’s (TRAI) consultation paper ‘Tariff related for broadcasting and cable services’.

    Dish TV submitted that the uptake of a-la-carte channels has been minimal even after eight months of the new regime coming into force. The DTH operator further stated that there is no linkage between the prices of the bouquets and its constituent channels due to non-implementation of the 15% bouquet discount cap.

    The DTH operator suggested that one of the remedial measures to prevent broadcasters from pushing bouquets is to lay down a linkage between the bouquet and the ala carte prices of the channel. This will result in the broadcasters declaring a reasonable rate so that bouquet prices are competitive and enable consumers to choose a la carte also. “In fact, in the absence of the linkage, the regulation has not been tested in its complete format.”

  • AIDCF tells TRAI to reduce price cap to Rs 10, mandate bouquets based on channel rates

    MUMBAI: The All India Digital Cable Federation (AIDCF), the apex body of leading multi system operators (MSOs), has urged the Telecom Regulatory Authority of India (TRAI) to cap the a la carte price of channels at Rs 10.

    In its submission to the TRAI‘s consultation paper ‘Tariff related for broadcasting and cable services’, the AIDCF has further stated that the TRAI should consider introducing bouquets based on a la carte pricing. It has also stated that the broadcasters should not be allowed to form bouquets beyond 20% of the total number of channels distributed by them.

    The federation has also stated that the TRAI should introduce twin conditions to ensure that the prices of the a-la-carte Channels have a direct correlation with the price of the Bouquets being offered by the broadcasters.

  • Onam week witnesses 65% rise in FCT on Malayalam channels: BARC

    MUMBAI: Broadcasters always witness growth in the viewership during festive season which leads to growth of advertising volume and revenue on the channel. Hindi GECs have the lion’s share with regards to viewership but the contribution from regional channel is also growing these days. One of the regional genre -Malayalam witnessed highest World Television Premiere (WTP) on the channels while the channels also saw 65 per cent increase in the commercial time in the Onam week compared to 2016’s Onam week.
  • Broadcasters want mandatory DD channels to be part of NCF base pack

    MUMBAI: Prasar Bharati and other private broadcasters want the 25 DD mandatory channels to be part of 100 FTA channels permitted in the Network Capacity Fee of Rs 130. The public broadcaster is of the view that the channels notified by the central government should be made available to subscribers without any additional monetary burden on the subscribers
    The public broadcaster has shared its comments only related to the question
  • Zee Kannada unveils caller tune of Jothe Jotheyali title track on leading Mobile Networks

    Bengaluru: Zee Kannada has launched the Caller tune for the title track of its new fiction show ‘Jothey Jotheyali’ that is based on an unconventional love story of a couple belonging to different generations.

    Jothe Jotheyali title track caller tune is out for subscription on Airtel, Vodafone, Idea, and BSNL on popular demand by the fans of the show. This popular tune will also be released on OTT platforms soon.

    The show stands as a witness to the love that surpasses materialistic limits of age, status, and lifestyle, to prove the purity in love between two individuals. Jothe Jotheyali has garnered a total of 171% of growth in the first week of its launch.

    Fans have expressed their love for the show and its extraordinary storyline on the channel’s social media pages. The title track of the show went extremely viral on the Zee Kannada’s digital platform.

  • Broadcasters misusing discount flexibility: DPOs in reaction to TRAI consultation paper

    The considerations by TRAI to reintroduce the 15% discount cap on channel bouquets has been opposed by broadcasters but the suggestion by the regulatory body has found support from some Distribution Platform Operators (DPOs).

    DEN Networks has said that the flexibility available to broadcasters to give discounts on the sum of a-la-carte channels forming part of bouquets has been misused and accordingly there is a need to revisit the proviso to Clause 3(3) of Tariff Order 2017 that has not been enforced by TRAI till date.

    The proviso to clause 3(3) of the Tariff Order reads: “Provided further that the maximum retail price per month of such bouquet of pay channels shall not be less than 85 per cent of the sum of maximum retail prices per month of the a-la-carte pay channels forming part of that bouquet.” The non-implementation of the said proviso has permitted broadcasters to offer bouquets at a discount as high as 80-90 per cent of the sum of a-la-carte channels forming part of such bouquets.

  • SPNI looks to massify its niche sports properties through smart marketing

    MUMBAI: Sony Pictures Networks India (SPNI) is looking to massify its niche sports portfolio. While it has mass properties like Cricket, WWE, and the FIFA World Cup the network aims to grow the audience for UFC, UEFA Champions League, NBA, and other football properties besides non-India and Test cricket. Having built a sizable base for these properties, the network believes that the time is ripe to take them to the next level.

    The NBA is expected to get a big boost from the pre-season games that will take place in the city early next month. The focus rests on smart marketing initiatives like getting in celebrities who are passionate about sport, having more focussed programming initiatives and sometimes starting a push well in advance. An example of this is the Olympics where SPNI released an anthem for the event a year ahead of the 2020 Tokyo edition.

  • IBF rebuts TRAI on multiple tariff-related issues including bouquet discount

    MUMBAI: The Indian Broadcasting Foundation (IBF) has refuted Telecom Regulatory Authority of India’s (TRAI) criticism that broadcasters are resorting to heavy discounting to push bouquets.

    In its submission to the TRAI on the consultation paper ‘Tariff related issues for Broadcasting and Cable services’, the IBF submitted that only 1 bouquet out of the 331 bouquets offered by top five broadcasters has a discount higher than 65%. It further stated that 15% of bouquets have a discount that is less than 35%, and 66% have a discount that is 50% or less.

    The IBF also pointed out that higher discounts ultimately benefit the consumer, as it delivers better value for money.

  • Dangal: Ruling The Heartland

    To an entertainment loving Indian, the word ‘dangal’ is most freely associated with the Aamir Khan blockbuster about wrestling champions from rural India. The word is Hindi for wrestling, after all. In the world of Indian television, though, there’s another Dangal, that’s fuelled – in part, not wholly – by rural Indian audiences: free-to-air (FTA) Hindi general entertainment channel (GEC) Dangal from Enterr10 Television Network. It’s the object of our attention this fortnight because the channel has been topping the viewership charts almost every week since March 2019. Last week (Week 35), as per data by the Broadcast Audience Research Council (BARC) India, Dangal, with 905.52 million impressions, was the No.1 channel across genres, leaving behind contenders like Sun TV (871.63 million impressions) and Star Plus (795.44 million impressions).