Media Review 09: Farokh Balsara on forces reshaping the Indian media industry
Prior to the leaders from the media services industry speaking on the various mediums and the issues faced by the Indian media industry at the ‘Media Review 2009’, held in Mumbai on July 17, Ernst & Young’s Farokh Balsara spoke on the year that was and the most impactful forces that reshaped India’s media and entertainment industry.

The Media Review 2009, held in Mumbai on July 17, kicked off with Ernst & Young’s Farokh Balsara speaking on the year that was and the most impactful forces that reshaped the country’s media and entertainment industry. Balsara set the stage for the evening, where media services industry leaders took stock of the digital, OOH, print, radio and television mediums in the year gone by, and the issues faced by the Indian media industry.
For Balsara, the year 2008 was very clearly a watershed year. He took the audience through some of the points that, according to him, stood out in the last year and had impacted the industry in a significant way. Quoting a recent E&Y report, ‘The Dhoni Effect’, he explained that there was minimal impact of the slowdown on small town consumers. “In fact, consumption in small towns is growing and regional markets are set to grow even further, which is a reason why we are seeing many corporates and media companies investing and making their presence felt in these markets.”
Balsara noted that while print had seen a bad start in 2009, and for the first time, print companies reported losses, the year saw them make a return. He observed, “In the beginning of the year, newspapers really didn’t know when to cut down on the number of pages they were printing and newsprint prices at the time was not helping them either. But print was the turnaround story, where they recorded a 40 per cent quarter-on-quarter growth and continued to occupy a lion’s share of the market by the year-end.”
For him, content innovation challenged the status quo in television. Changing consumer preferences and the emergence of newer formats and growth in the English business genre were some of the highlights of the television industry in the year.
Balsara also spoke on the transforming distribution landscape, where Pay TV revenues were finally growing. In the current state, even as subscription revenues are more than advertising revenues, broadcasters have not been benefitting from it.
However, this is changing now, and dependence on advertising revenues for some players has already reduced.
In the same vein, he spoke on the growth of the direct-to-home (DTH) industry. Balsara pointed out that with three new players in the DTH industry and one more in the pipeline, India would be one of the few countries that had six DTH operators. Most international markets had just two or three players, he noted.
Balsara took the audience through alliances and partnerships in the media and entertainment space, and India’s role as an outsourcing hub in the entertainment industry. Mobile marketing gaining increasing importance in the communication plans of the future, and the growth in the share of online media spends from 0.8 per cent to 2.8 per cent were some of the other points that he highlighted.
He also touched on the growing sports domain and the how the Indian Premier League had played a key role in sports getting a new innings. Though only in its second year, IPL is already the fifth most valuable sports brand globally with over Rs 400 crore of advertising revenues, and the overall property valued at Rs 10,000 crore.
Before concluding his views on the year gone, Balsara also spoke on the Indian entertainment industry and the collaboration between international markets like the US and India on that front.
Visit exchange4media.com on July 20, 2009 for a detailed session-by-session coverage of the Media Review 2009.
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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
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'
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 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
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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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
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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