Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Broadcasters unfazed by IPL might

Apr 11 2014, 16:37 IST
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SummaryBogged by the immense popularity of the $3.2-billion Indian Premier League (IPL), many broadcasters, in the past, specially the general entertainment channels

Bogged by the immense popularity of the $3.2-billion Indian Premier League (IPL), many broadcasters, in the past, specially the general entertainment channels (GEC), have desisted from launching new shows and also slowed the story tracks because their loyal viewers, incuding women, move away to watch the games. Not this time, though.

The shifting of the first half of the IPL matches to the UAE and the general election have given broadcasters the confidence that viewers will not be entirely hooked to the IPL. Hindi GEC space that accounts for maximum viewership of 30% across genres has, therefore, decided to put its best foot forward.

For instance, Star Plus, the genre leader and the flagship GEC from the STAR India stable, has decided to launch a new show titled Ek Hasina Thi on April 14, just prior to the launch of IPL on 16 April. The story — set in the eastern megapolis of Kolkata — will feed the channel’s 8 pm slot. The show is being produced by production house Cinevistaas. Siddharth Malhotra, creative producer, Cinevistaas, said, “While the IPL does impact Hindi GEC viewership, luckily it is not being played in India this time. Therefore, the dip in the show ratings should not be more than 10-15%.”

He further adds, “The TVR of a show is dependent on two factors — reach and time spent. While the reach of a show is driven by a channel’s programming strategy, the time spent is all about content stickiness. And we are working hard to deliver on that stickiness.”

Interestingly, Sony Entertainment Television, the flagship GEC from the Multi Screen Media — the official broadcaster for the IPL — is also launching a new show called Encounter on April 11. It will air tri-weekly from Friday through Sunday at 9 pm. The broadcasters it intends to ride IPL’s popularity and shepherd all eyeballs from IPL to the new show. Rohit Gupta, president, MSM, said, “You cannot get a bigger launch platform than the IPL. The IPL is a big platform for the promotion of our shows. So, we do keep a part of our inventory to promote the launch of our new shows as well as the existing ones.”

Meanwhile, Zee TV, too, is launching Kumkum Bhagya on April 15 at 9 pm, replacing Pavitra Rishta, which moves to 6.30 pm. The show is based on the novel Sense and Sensibility by Jane

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