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Business

Week at a glance: Spotlight on Indian M&E industry; 2019 LS polls; HT exits

by TLN Team March 17, 2019March 18, 2019
written by TLN Team March 17, 2019March 18, 2019

2019 Elections: Dissecting the political battles online and offline

With the dates for the 2019 Lok Sabha Elections being declared, campaigning by all political parties has gathered momentum. These elections are crucial for the ruling BJP Government as it looks for another term with Narendra Modi in the lead; on the other hand, the opposition parties are looking to oust the BJP from the Centre and are busy forming strategic alliances and communication.

Indian M&E industry is now worth Rs 1.67 tn: FICCI Frames 2019 report
The Indian Media and Entertainment (M&E) sector reached Rs 1.67 trillion ($23.9 billion) in 2018, a growth of ~13.4 per cent over 2017, states the EY-FICCI report – ‘A billion screens of opportunity’. The report was launched today at the FICCI Frames 2019 in Mumbai.

India has emerged as the world’s biggest media battleground: Uday Shankar
Delivering the opening address at FICCI Frames 2019, Uday Shankar, President, 21st Century Fox, and Vice-President, FICCI, spoke about how far the media & entertainment industry had progressed in the two decades since the platform was created. He also highlighted the opportunities and scope offered by India’s media & entertainment industry.

Regional is a giant that has already awakened, but are content providers ready?
Regional television channels are on a high growth trajectory in India, with regional news television witnessing exceptional growth is. Viewership is soaring in the category and so are advertisers’ revenues.

Tata Motors ramps up association with IPL; gives Harrier a massive launch platform
Tata Motors has continued their association with Vivo IPL for the second consecutive year. The newly launched Harrier has been designated as the Official Partner of the Vivo Indian Premier League for the 2019 season.

Offbeat: Prasenjit Roy – embodiment of Parampara, Pratishtha, Anushasan
Adgully’s special feature section – ‘Offbeat’ – seeks to give a peek into the lesser known facets of our very well-known industry leaders. We present, in the industry leaders’ own words, an interesting read on areas that are not usually highlighted in regular media coverage.

Ashu Phakey steps down as COO of HT Media
Ashu Phakey, who was Chief Operating Officer at HT Media, has moved on from the organisation. He was with HT Media for six years and had joined the organisation as part of the leadership team and went on to head key businesses in the company.

Debabrata Mukherjee and Rajiv Bansal move on from HT Media
Debabrata Mukherjee, Executive Director, HT Media, and Rajiv Bansal, CEO, HT Digital Streams and Chief Digital Officer, HT Media, have decided to move on from the organisation. According to industry sources, Debabrata Mukherjee is joining Diageo India.

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