Vivid: Gaza cauldron simmers while the world watches, media outraged

The international community mustn't allow the conflict to escalate. In the absence of any Arab initiative, Israel's western backers must use their leverage to nudge Israel to lessen tension & stop the attacks, says exchange4media's Annurag Batra

e4m by Annurag Batra
Published: Jul 21, 2014 8:18 AM  | 6 min read
Vivid: Gaza cauldron simmers while the world watches, media outraged

It almost seems that a helpless world can only seethe in anger as Israel continues its onslaught on Palestinians for the second week, while the global media flashes images of death and destruction.  Already 200 Palestinians have been killed in the latest flashpoint between the Palestinians and Israel, 89 per cent of whom are civilians; 20 per cent, children.

Hundreds of Palestinians, their children crying, have fled their homes in Gaza City  as the world’s fourth largest military might intensified its airstrikes. The raids are supposedly intended to target Hamas militants but more often than not find civilians in the crosshairs.

Israel’s fury against the hapless in Gaza has already inflicted heavy civilian casualties and rained devastation on the long besieged and impoverished Gaza Strip. For 1.7 million Palestinians, living in 365 square kilometres – a little less than three times the size of Chandigarh -- bounded by a wall and the sea, there is no place to run.

This is the third time in six years that the people of Gaza have had to endure such an attack.

Experts say the aggressive attack was prompted by a national revulsion in Israel after the seminary students’ death. It may be noted that there is huge popular support in Israel for the military action.  "This is a wake-up call," Shlomo Avineri, one of Israel's most respected political scientists, told the New York Times. "A line has been crossed ... this is absolute evil."

The international response to the escalating Israel-Gaza tensions has been at best mixed. While the West and its media have emphasised Israel's right to defend itself, regional powers have called the attacks on Gaza 'savage'.

Even though White House reiterates its support to Israel’s right to defend itself, but one wonders why US plays the ostrich. The European Union, like the US, condemned the “indiscriminate” rocket fire from the Gaza Strip into Israel but also focused on the growing number of civilian casualties caused by Israel’s retaliation. But just the call for both sides to exercise restraint to re-establish calm is quite soft.

As has happened in the past, what is being reported – particularly in the West – about Palestinians and Israelis fighting each another on a level battle field, under same conditions and on a level playing field. It’s certainly no more Muslims versus Jews, not just about Palestinian “terrorists”  inviting retaliation by a country’s Army. Some years ago, in similar Israeli attacks in Jerusalem many Palestinian Christians suffered as much as their Muslim neighbours. Few remain but as Israeli bombs rain on West Bank inhabitants, there’s no sensor yet made to make detection of man, woman, child, Christian, non-Christian possible.

And the media in the West, surprisingly continues to be silent about these deeper issues and continue to give the conflict merely Israeli-Palestinian colour. Back in 2001, the media largely ignored the conditions of the occupation and continue to do so. Inaccuracies too continue on reporting human rights issues in the region.

But not all have been so much at ease with all this. According to Guardian columnist Seumas Milen “The idea that Israel is defending itself against unprovoked attacks from outside its borders is an absurdity. Despite Israel’s withdrawal of settlements and bases in 2005, Gaza remains occupied both in reality and international law, its border, coastal waters, resources, airspace and power supply controlled by Israel”.

According to Mint Press News founding editor-in-chief Mnar Muhawesh, "The deaths of Israeli teens Naftali Fraenkel, Gilad Shaer and Eyal Yifrah represent a tragedy- one that no family should have to face. Violence touches communities deeply and does not spare race, creed or intellect. What I grapple with, is the reaction to their deaths — Israeli lawmakers calling for a genocide and vengeance against Arabs, the torture and murder of 17-year-old Muhammad Abu Khdair by Israeli settlers, Israeli settlers’ continued kidnapping and abuse of Palestinian children, and now the Israeli military operation and violent assault against Gaza that is collectively punishing 1.7 million people who are already living in poverty. Gaza has been described by human rights groups as an open air prison with no where to escape. It has to end."

What is also surprising this time is that while the sufferings of Palestinian people prompted spurts of anger and condemnation across the world, little action is seen in the Arab world. Official Arab responses have been fairly muted, partly because of the hostility of Saudi Arabia and Egypt towards Hamas, analysts say.

Jordan called the attack as “barbaric aggression” against Gaza, but, it is unlikely to jeopardise its peace treaty with Israel. Turkey was reported to have warned Israel that the Gaza Strip escalation could lead to “chaos in our region”, while  Iran lambasted “savage aggression by the Zionists”.

For decades Palestine was the touchstone of pan-Arab solidarity but since the 1973 war, that has meant little more than posturing. Experts say all 21 members of the Arab League have formally endorsed a 2002 Saudi plan for peace – based on Israel’s withdrawal to the 1967 borders. The split between the PLO and Hamas in 2006 weakened the Palestinians, but wider divisions since the start of the Arab spring uprisings in 2011 have damaged the cause even further, as pointed out by global media.

With the entire region in turmoil, it is unlikely that the world will see an early solution to the West Bank conflict. Even Egypt, which use to mediate in earlier conflicts, is not showing any interest this time.

However, the international community must not allow  the conflict to escalate. In the absence of any Arab initiative, Israel's western backers, must use their leverage to nudge Israel to lessen tension, and stop the attack. UN also must intervene to end the conflict. Otherwise, gory images of death and destruction will continue to flow in our drawing rooms.

Interestingly, though as in other events, social media witnessed outrage against the Israel attack. It has becomes the latest battleground in Middle East aggression and become a minefield of propaganda and misinformation, as per The Guardian.

Graphic violent images of civilians under fire were posted in large numbers, suggesting that news organisations were turning a blind eye to the attacks. “The media are not reporting anything,” was the hashtag’s catch line. From #prayforgaza hashtags to 'bomb shelter selfies', millions in Israel took to social media to share their experiences of the ongoing Gaza crisis, according to media reports.

Contrary to its traditional stand of firmly standing with the Palestinians, the new government in India took an `equivalence’ stand this time. An  External Affairs spokesperson  while expressing deep concern  at the steep escalation of violence said that India is also alarmed at the “cross-border provocations resulting from rocket attacks against targets in parts of Israel.”

The Indian stand has left West Asian rivals disappointed, says Suhasini Haidar Strategic and Diplomatic Affairs Editor, The Hindu, adding that “India seems to have pleased neither the Israeli nor the Palestinian side with its stand of ‘equivalence’ over the conflict in Gaza”.
 

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HT Media posts Consolidated Total Revenue of Rs 580 crore in Q2

Chairperson and Editorial Director Shobhana Bhartia says due to lower commodity prices and control on costs there has been an improvement in operating profit

e4m by exchange4media Staff
Published: Nov 5, 2019 7:28 AM  | 1 min read
HT Media

HT Media has posted a Consolidated Total Revenue for Q2, 2020 at Rs 580 crore.

As per a statement released by the company, EBITDA for Q2’20 increased by 139%, and margins at 14% vis-à-vis 6% in previous year. This has been driven by softening of newsprint prices and continued focus on cost.

The Net Cash position at a consolidated level continues to be strong.

The Print ad revenue has declined due to sluggish volumes, even as yields have improved. National advertising continues to be soft, although local advertising witnessed growth.

Savings in raw material costs have driven improvement in EBITDA margins.

Chairperson and Editorial Director Shobhana Bhartia said, “Slowing economic growth has hit advertising spends in key categories, putting pressure on revenues across the media industry. As a result, our Print and Radio (on like to like basis) businesses saw revenues dip as compared to a year-ago. However, thanks to lower commodity prices and a tight control on costs, we saw an improvement in our operating profit. On the digital front, Shine, our online recruitment portal has shown good progress and continues to grow. Our outlook for the coming quarter remains cautious, given overall economic sentiment and macroeconomic trends. Cost-control and falling commodity prices should help protect our margins.”

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ABP Group posts Rs 15.70 crore as net profit in Q1 FY20

The group’s total operating income stands at Rs 365.55 crore

e4m by exchange4media Staff
Published: Nov 4, 2019 5:41 PM  | 1 min read
ABP

ABP Group has posted a net profit of Rs 15.70 crore in the first quarter of FY20, as per media reports.

The group’s total operating income stands at Rs 365.55 crore.

It’s net profit for the fiscal ended March 31, 2019, was down 68% to Rs 31.90 crore compared to the previous fiscal.

The Profit Before Interest Lease Depreciation and Tax (PBILDT) has also dropped 53.52% to Rs 107.12 crore.

The group has six news channels - ABP News (Hindi), ABP Ananda (Bengali) ABP Majha (Marathi) and ABP Asmita (Gujarati), ABP Sanjha (Punjabi) and ABP Ganga (Hindi).

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Zee Media posts consolidated revenue of Rs 137.03 crore for Q2 FY20

ZMCL has recorded 4.4% growth in operating revenue for first half of FY20

e4m by exchange4media Staff
Published: Oct 24, 2019 9:19 AM  | 1 min read
ZMCL

Zee Media Corporation Ltd (ZMCL) has posted a 4.4 per cent growth in operating revenue to Rs 337.6 crore in the first half of FY20, as per media reports.

It has reported a consolidated revenue of Rs 137.03 crore for Q2 FY20.

In a statement, ZMCL has said: “During the quarter, the network expanded its footprint s into Southern India through the launch of Zee Hindustan in Tamil and Telugu languages. This is intended to make the network's content accessible to wider audience.”

The operating expenditure in Q2FY20 has dropped by 21.7 per cent.

The statement further said: “EBITDA for HlFY20 improved by 34.1 per cent to Rs 1,029 million from Rs 767.5 million EBITDA for H1FY19, while the same declined by 9.4 per cent to Rs 370.2 million from Rs 408.7 million for the corresponding period last financial year. EBITDA Margin grew from 23.7 per cent in H1FY19 to 30.5 per cent in HlFY20, while growing from 24.2 per cent in Q2FY19 to 27 per cent in Q2FY20.”

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No slowdown here: In-cinema ad rates up by at least 50% for 3 big Diwali releases

Housefull 4, Made In China and Saand Ki Aankh ready to hit the silver screen this week, with the hopes of giving brands the eyeballs they look for in theatres

e4m by Moumita Bhattacharjee
Published: Oct 24, 2019 8:41 AM  | 4 min read
DiwaliFilms

It’s that time of the year again when theatres gear up to pocket maximum gains. Diwali is here and there are three films ready to hit the silver screen this week--Housefull 4, Made In China and Saand Ki Aankh. The festive period brings much joy to exhibitors, distributors and theatre owners because it ensures footfalls, giving brands the eyeballs they look for. In fact, industry experts don’t feel that economic slowdown this year has impacted in-cinema advertising. While they are concerned about three movies clashing during Diwali, they predict 50-100 per cent rise in ad rates during this period. 

Advertising moolah

Mohan Umrotkar, CEO, Carnival Cinemas, is expecting 60-70 per cent surge in advertisement topline compared to last year. “Going by the buzz and advance booking for these three releases, market is bullish. Advertisers have blocked most of the advt-slots during the festival period. Housefull 4, Made In China and Saand Ki Aankh all combined together should generate around Rs 350 crore topline at the box office during the festival week. We are expecting 60-70 per cent surge in the advertisement topline from last year. Also, this year we have added around 14 per cent new advertisers, and 4 per cent of them are first-time cinema advertisers,” he says.

But according to Siddharth Bhardwaj, Chief Marketing Officer - Head of Enterprise Sales, UFO Moviez, things have changed a lot in the last couple of years. “Since some films have not really lived up to their expectation, advertisers are spreading the spends all through the year. They are picking up far more number of titles in the year rather than focusing only on Diwali or Eid.”

“It is good for the industry because you can monetise the inventories beyond just big weeks. A lot of content- driven films have come up which has given us the opportunity to monetise more markets. It has put lesser pressure on Diwali. Most of the cinemas are sold out for Diwali. It becomes difficult to accommodate everything,” Bharadwaj opines. He also reveals that for this week, the inventories are already full.

Diwali ad rates

Experts reveal that ad rates differ from property to property and depends on location as well. But Diwali surely sees a massive hike in rates. This year, theatre owners are expecting 100 per cent rise in ad rates. While Umrotkar revealed that for Diwali, they are charging 100 per cent higher than the regular card rates, Girish Johar, trade analyst and film producer, shared that even the rates for putting up kiosks of brands go up during festivals like Diwali.

“It’s based on property. On a ballpark, ad rates double up. So if you are putting up a kiosk, they charge say Rs 50,000-25,000 for a month. During Diwali, they charge almost double because of the kind of footfalls theatres witness,” Johar revealed.

Economic slowdown? Not for Cinema!

This year, brands have been pulling back their spends on other mediums due to economic slowdown, but cinema seems unaffected. Calling entertainment business recession-proof, Johar explains, “If you see the other side, box office is up by 15-20 per cent. Yes, it is a bit subdued because the brands are in a wait-and- watch scenario. They are increasing their focus around consumption rather than awareness.”

Bharadwaj too seconded it by saying, “These are challenging times but our medium is very efficient. If you see economy has slowed down, but the cinema has grown instead.”

Clash cover

Three movies are clashing this Diwali which means shared screens and box office gains.

“It’s never good for us when two or more big-ticket films release together. If they would have come on different dates, there are chances that more advertisers will take advt. inventory in those weeks separately instead of that one particular week,” shares Umrotkar.

 

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INOX Leisure Ltd sees 42% growth in total revenue

Profit After Tax up 327% to Rs 51 crore

e4m by exchange4media Staff
Published: Oct 23, 2019 6:06 PM  | 1 min read
INOX

INOX Leisure Ltd (INOX) has reported financials for the second quarter ending September 2019.

Its total revenue has risen to Rs 524 crore with a 42% growth from Rs 369 crore in the corresponding quarter in FY19. Its EBITDA has more than doubled to Rs 107 crore with a 121% growth, while the PAT stood at an impressive Rs 51 crore, up 327% from previous year’s second quarter.

Siddharth Jain, Director, INOX Group, said: “At INOX, setting new benchmarks is now a routine, thanks to our consistently sharp focus on luxury, service and technology and our uncompromised desire to offer our patrons, nothing but the latest and the best! We are delighted with our remarkable consistency on all parameters, and we are sure about maintaining the momentum and focus on innovativeness. Content once again proved that why we term it as the ‘hero’. Thanks to the creators of such spellbinding movies, which keep inviting our guests to our properties, and allowing us to pamper them with our signature hospitality. With the launch of Megaplex, we are delighted to further our endeavor of developing experience-driven cinema destinations of global standards, and we will continue to do so. On behalf of Team INOX, I assure all our stakeholders that we will continue to break barriers and exceed all expectations.”

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Hathway Cable & Datacom reports 100% subscription collection efficiency in Q2

The broadband subscriber base has increased from the previous quarter’s 840,000 to 860,000

e4m by exchange4media Staff
Published: Oct 18, 2019 11:17 AM  | 1 min read
Hathway

Hathway Cable and Datacom has reported subscription collection efficiency at 100%, and the broadband subscriber base has increased from previous quarter’s 840,000 to 860,000 in quarter ending September, as per media reports.

It has narrowed its consolidated net loss by 74% and the operating EBITDA has been reported 15% up to Rs 107.5 crore compared to Rs 93.1 crore a quarter ago.

The total income has dropped 2%, while the expenditure is down 6%.

In the financial results, the company has said the FTTH markets are leading growth in customer acquisition.

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ZEEL posts 7.4% YoY growth in total revenue for Q2 FY20

ZEEL's domestic advertising revenue has grown 1.4% YoY in Q2FY20

e4m by exchange4media Staff
Published: Oct 18, 2019 7:51 AM  | 2 min read
ZEEL

Zee Entertainment Enterprises Limited (ZEEL) has reported a consolidated revenue of Rs 2,122 crore for the second quarter of FY20, recording a growth of 7.4% on YoY basis.

The Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) was recorded as Rs 692.9 crore with an EBITDA margin of 32.7%. PAT for the quarter was Rs 413.2 crore. The Profit After Tax (PAT) for the quarter was Rs 413.2 million, with a growth of 6.9% YoY.

During the second quarter, ZEEL’s consolidated advertising revenue grew by 1.2% YoY to Rs 1,224.7 crore. The domestic advertising revenues grew by 1.4% YoY to Rs 1169 crore.

ZEEL has posted 26.8% YoY growth in Q2FY20 domestic subscription revenue. ZEEL’s consolidated subscription revenue grew by 19.0% to Rs 723.5 crore during the quarter.

ZEEL’s total expenditure in Q2FY20 stood at Rs 1429.1 crore, higher by 9.9% YoY compared to Q2FY19.

While ZEE5 recorded a peak DAU (Daily Active User) base of 8.9 million in September 2019, ZEE5 users watched an average of 120 minutes of content on the platform in the same month.
During Q2 FY20, the television network had an all-India viewership share of 18.4%.

During the quarter, ZEEL’s international business revenue was Rs 208.2 crore. The advertising and subscription revenues for international business declined by 4.0% YoY and 21.5% YoY, respectively.

Zee Music Company has registered 7.1 billion views on YouTube in Q2.

Punit Goenka, Managing Director and CEO, ZEEL, said, “I am pleased with the performance we have exhibited during the quarter. Our entertainment portfolio continues to grow from strength to strength across all formats and maintained its leading position. Our television network has emerged stronger post the implementation of tariff order on the back of a strong customer connect and brand pull of its channels. ZEE5 continued to gain traction across audience segments and markets, driven by its compelling content library and expanding list of partnerships across the digital eco-system. This strong operating performance allowed us to deliver industry leading growth in both advertising and subscription despite the tough macro-economic environment. Domestic subscription growth of 27% has reaffirmed the value proposition our television network has built over the years. The impact of tariff order has now largely settled down and has brought increased transparency along with improved monetization. Our domestic advertising revenue growth, though significantly lower than historical trend, is higher than the industry growth. We have witnessed an improvement in ad spends through the quarter and we believe that the onset of festive season along with measures taken by the government will help revive the consumption growth.”

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