CASBAA 07: We will be neck and neck with foreign broadcasters: Peter Mukerjea

Peter Mukerjea, Chief Strategy Officer, INX Media, says that GEC will be the thrust area for INX. Considering that it is also the most competitive segment, he says “we will have to be better and not just different”. He also emphasised that women are the key drivers to viewership in India, and any content, to be successful, has to fit the parameters of family values.

e4m by exchange4media Staff
Published: Nov 5, 2007 6:52 AM  | 3 min read
CASBAA 07: We will be neck and neck with foreign broadcasters: Peter Mukerjea

HONG KONG: Day 3, the concluding day at CASBAA 07, was mainly about the Indian broadcast explosion. Kicking it off was Peter Mukerjea, Chief Strategy Officer, INX Media, in conversation with Damian Grammaticas, BBC’s South Asia Correspondent. So, how did it feel to have a war-chest of $300-400 million to launch your channels? Not one to be taken by surprise easily, Mukerjea shot back, “Actually it is a shade less.”

Elaborating on the strategic thinking at INX Media, Mukerjea said, “GEC is our thrust area. That is where the growth is, but it is also the most competitive. And we know that we have to be better and not just different. That is the philosophy behind our plans so far as content is concerned.” He added that in India, the woman wais the key driver behind viewership – the family revolved round the woman of the house, and she had an influence on the viewership in terms of what was viewed.

Elaborating further, Mukerjea said, “In India, family values are still very important. Any content, to be successful, has to fit the parameters of family values. And we at INX Media are going in for home-grown content as of now. This is not to say that we are not looking at relevant content from other sources – we have been scouting events like Mipcom, etc., for programmes.”

Without naming STAR, Mukerjea then delivered a punchline, “I can assure you that we will be neck and neck with foreign broadcasters.”

Taking the cue, Grammaticas tried his best to get something out of Mukerjea regarding his former employers whom he had left with a touch of controversy. Refusing to bite the bait, Mukerjea deftly sidestepped his interviewer, saying, “I learnt a lot from my long association with STAR. They have the ability to reel in top talent from all over the world. So, at INX Media too, we have brought in some excellent talent from international markets.”

There was a bit of jostling to get Mukerjea to spill the timeline to break even. At the end of it, all that Mukerjea was ready to divulge was, “The investors in INX Media are not short-term players. We have a five-year window to break even.”

But isn’t that a tall ask task in a market that already has close to a phenomenal 390-odd channels? Commented Mukerjea, “The Indian market can accommodate another 200 channels. Let us not forget that there are at least 16 languages spoken in India. If you break down the demographics, you will find that there aren’t that many channels in each of the languages. Not everything is in English or Hindi. The regional markets provide a huge scope for growth.”

The proof of the pudding lies in the eating: it is a matter of a few weeks now for the launch of the INX channels. The wait won’t be that long to see whether the golden touch that Mukerjea showed at STAR will be replicated with the INX channels.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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