Tag: media company

  • Why Doordarshan Failed | Doordarshan Downfall Explained

    With the increase of technology and advancement in the broadcast industry, government funding channels such as Doordarshan need to be more outspoken. The Indian TV industry has grown massively, as of today, there are around 890 channels.

    Like every other household has a television in their houses, the demand for more variety in channels increased which resulted in India being the third-largest market across the world, right after China and the US. However, Doordarshan was not inclined toward this race. The channel lost a large proportion of viewers, mainly because of satellite TV.

    There was a time when Doordarshan reached over 90 percent of households in the country, but with such huge channel options, it is not preferred by most households.

    The triggering fact is, that this isn’t limited to Doordarshan only, almost every government-based organization such as BSNL and AIR, lost audiences and customers in a very large number.

    As private organizations are facing extreme difficulty in surviving in the market, competition has risen massively. Because of this, the government established a committee under Sam Pitroda to improve the marketing strategies and revenue styles in Prasar Bharati, under which Doordarshan is controlled. However, there is still a long run for Doordarshan to boost up its revenue source and face the growing competition in the market.

    Since private television channels were allowed in 1991, Doordarshan has seen a sharp drop in viewership. Despite generating substantial advertising revenue from mandatory broadcasts of major national events, such as cricket matches, there has been a proposal to introduce a television ownership license fee in India to support its funding.

    Now, this brings us to the main content of this article, that is, how Doordarshan was the biggest marketing channel, what went wrong, and why it failed. So, let’s get started!

    History of Doordarshan

    Doordarshan started as an experimental broadcaster in the year 1959, with a small transmitter along with a makeshift studio. It is the first-ever TV channel in India, also called the Free Dish as being a free entertainment platform.

    Within a few years, Doordarshan became a huge success in the broadcast industry and reached over 25 million households. It covered all fields such as information & news, education, entertainment, and others.

    The reason why Doordarshan was praised so much by the Indian audience was that it carried the interests of all the geographical, linguistic, and cultural groups. With time, Doordarshan grew into a large network of 36 satellite channels, which provided a free DTH service of 110 in its Bouquet.

    Leading Television Channels Across India in Week 14 of 2024, by Weekly Viewership
    Leading Television Channels Across India in Week 14 of 2024, by Weekly Viewership

    What Led to the Downfall of Doordarshan

    The Massive Decline in Doordarshan’s Ratings

    With the growing demand for commercialization, Doordarshan began auctioning slots to private broadcasters. This resulted in 80 channels, 24 DD, and around 25 private with auctioning every month. However, this didn’t turn out as expected as a large portion of Doordarshan’s audience base shifted massively towards the private broadcasters. This led to a massive decline in the ratings and revenue of DD.

    Disastrous Advertising Model

    The advertising model of Doordarshan was a bit of a disaster for it as it stipulated that the private channels would not share their revenue with the DD platform. So, earlier, the private channels paid INR 8 crore per annum to DD Free Dish for transmission, annually which generated INR 2,500 crore in its total revenue, and became zero after its new advertising model.

    This resulted in the fall of Doordarshan’s advertising revenue from INR 1,301 crore to INR 475.7 crore. And among this, around INR 318.06 crore entirely came from government ads so the final revenue that DD generated was INR 157.59 crores.

    Absence of Proper Marketing Division

    Another big flaw in the marketing strategy of Doordarshan is the lack of a proper and independent marketing division. And because of this, when the private channel charged INR 90,000 to INR 1.2 lakh for a 10-second slot, Doordarshan charged merely INR 65,000 for the same slot.

    They didn’t have any team for strategic planning, research, advertising, internet handling, product management, branding, or any other. This played a major role in the downfall of Doordarshan and gave major advantages to private channels.

    Conclusion

    In conclusion, we can say that there was a time when Doordarshan used to rule the broadcast industry in India. But to stand still in the market, one needs to adapt to the advancement in technology and marketing. And Doordarshan failed in both of these. Plus, as being funded by the Government it did not make enough profit and in fact, runs in a loss.

    The former Prasar Bharti chief Jawhar Sircar blamed the incompetence, poorly backed policies, and lack of ambition, for the failure of Doordarshan rather than the competition. The irony here is, that most of the famous shows preset on Doordarshan were created by private producers.

    When they found better opportunities, they grasped onto them. For now, the best strategic planning of Doordarshan is to take the BBC model to enhance its marketing planings and strategies. Stay tuned for more such content!


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    FAQ

    When Doordarshan started?

    Doordarshan was started on 15th September 1959.

    What is Doordarshan?

    Doordarshan is an Indian state-owned public television broadcaster founded by the Government of India.

    What caused the steep decline in Doordarshan viewership?

    As the private channels entered the market Doordarshan experienced a steep decline.

    How many viewers does Doordarshan have?

    In 2021, TV viewership was more than 6 Billion and the channels reached more than 680 million viewers in 2021.

    Is Doordarshan still active?

    Yes, Doordarshan is still active and has a network operating 34 satellite channels.

  • How To Start A Media Company In India

    Though there isn’t a textbook definition of a media company, it generally refers to platforms or entities that aggregate, package, and distribute content across mediums such as the internet, television, radio, etc. The successful brands we see today invest heavily in premium quality content to attract new customers and retain the existing ones. Media companies have a significant role to play in the prosperity of such brands.

    With the passage of time, people have gradually shifted from the traditional forms of media to the digital ones. Consequently, media and everything related to it has become more widespread and fragmented. Consumers are now entitled to limitless content on the device of their choice rather than relying on newspapers and television. Websites, blogs, apps, and social media have opened up unforeseen avenues. It’s safe to say that now is the best time to run a media company.

    At the same time, the quest for consumer’s attention has become brutal and requires new strategies and capabilities. Hence, starting a media company is no piece of cake and requires intensive preparation and planning. This StartupTalky post discusses everything you need to know about launching a media company of your own.

    The Indian Media Industry
    How To Start A Media Company
    Registration And Licensing
    Legal Procedure Before Launching
    Conlusion
    FAQs

    The Indian Media Industry

    Indian Media Industry
    Indian Media Industry

    The Indian media industry is an emanating sector for the economy and is making great strides. Backed by rising consumer demand and improved advertising earnings, the sector is at an all-time high. The growth in the media segment can be attributed to widespread digitization and increased internet usage over the last decade.

    The Indian advertising industry is estimated to be the second-fastest growing advertising market in Asia after China. At present, advertising revenue accounts for around 0.38 per cent of India’s GDP. Growing at a CAGR of 10.90 per cent since FY17-18, the media industry is projected to grow at a CAGR of 13.10 per cent and touch INR 2,660.20 billion (US$ 39.68 billion) by FY 2023. That’s a significant jump from its valuation at INR 1,436.00 billion (US$ 22.28 billion) in FY18.

    Consumption of media by India grew at a CAGR of 9 per cent during 2012-18, almost nine times that of the US and two times that of China. The industry provided employment to 3.5-4 million people (both direct and indirect employment considered) in the year 2017.

    Revenue through advertising is projected to reach INR 1,232.70 billion (US$ 18.39 billion) in FY23. It was INR 608.30 billion (US$ 9.44 billion) in FY18.

    How to start a media company

    How To Start A Media Company

    Media
    Media

    With so much content everywhere, it’s a cumbersome task to start a media company that stands out among the rest. There is a no dearth of creators and platforms. But the sunny side to the story is that content is worth so much more than it ever was, and the umpteen number of platforms add to the advantage. Here are some key points you need to be aware of if you plan to start a media company.

    • Recognize your audience. It’s crucial to know who are you focusing on and why. The passion of the crowd, its views on issues, the topics that bring out strong reactions…you need to know a bit of everything about them.
    • Understand your value. Figure out what makes you and your service unique. Convey that message to your audience. Your core values should be propagated through your services .
    • Be ambitious and let people know about it. Big projects grab attention. Staying in the news helps raise your stakes.
    • Offer a membership model. An audience which feels you speak for them ought to support you. Get them involved in the editorial policy or equity crowdfunding. Make them a part of your company by offering memberships.
    • Use third party services to bring high value adverts to your base. You now know about the products your audience likes and wants to buy. Collaborate with a third party native advertising company and have it create content for you while you get paid for hosting that content.
    • Leverage affiliate marketing. When you’re promoting someone’s product or service, be direct and tell your audience to buy it through a special “affiliate link”. Affiliate marketing is a great way to generate income.
    • Start a YouTube channel. Re-purpose your article into a video. Publicize your video content across video-sharing platforms like YouTube. You won’t immediately rake in money from YouTube; give it some time. As people discover your videos, you will gain popularity as well as monetary success.
    • Ensure your content is unambiguous and meaningful. Cringe content won’t take you far. Your audience will leave as soon as you start compromising on quality. Give the reader a reason to click on the next article of yours.

    Registration And Licensing

    1. Single-man firm with unlimited liabilities.

    The simplest way to start a business is to open a current bank account and have your service tax registration done. Sole proprietorship is preferred for startups with lower budgets.

    2. Partnership firm.

    At least two individuals are required to start a partnership firm. You need a registered partnership deed along with a current bank account and service tax registration. A partnership firm is appropriate when the partners have a common vision and are willing to share profits.

    3. Private limited company.

    A private limited company needs to at least two directors with a minimum investment of INR 1 lakh. It’s best for startups seeking funds from investors.

    4. Limited liability partnership.

    It is the combination of private limited company and partnership firm. You need at least 2 partners. A limited liability partnership has more agreement requirements when compared to an ordinary partnership firm. This setup is ideal when your budget is less than INR 10,000 and you want to enjoy the perks of setting up a company.

    5. One person company.

    It is similar to a private limited company but comprises only one person.


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    1. Register the domain name.
      Get a unique domain name for the media company by paying the registration fee. One needs to submit valid address and ID proofs for the registration process.
    2. Get the federal tax ID number.
      This process distinguishes your media company as a separate legal entity. You need to get a federal tax ID number from the Indian Revenue Services (IRS). IRS keeps a track of your business transactions using this ID.
    3. VAT/Service tax.
      A company must apply VAT to its products and pay taxes to the government for services.
    4. Memorandum of understanding with vendors/contractors.
      Be precise when drafting the ‘memorandum of understanding’ with your vendors/contractors so as to prevent forged services. The process may give rise to legal issues so you need to be careful while contracting. Add a disclaimer to your services/products to protect yourself from legal liabilities.
    5. Investment in cyber security.
      Invest in cyber security to safeguard your customers’ financial transactions. Failure to protect customers’ data can cost you up to INR 5 crores in penalty.
    6. Trade mark registration.
      Registration of trademark is important for web-based/online businesses.
    7. Website terms & conditions.
      Set up the website’s legal terms and conditions such as the privacy policy, disclaimer, and third party data-sharing rules.
    8. Vendor agreement.
      Draft an agreement by enlisting requirements such as payment policy, refund, and the taxes applied to the services/products from vendors.

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    Conlusion

    According to KPMG India’s 11th edition of its Media and Entertainment (M&E) report:

    • The media industry in India has marked a size of INR 1,63,100 crores in FY19.
    • It posted a growth of 13% as well as a stunning CAGR of 11.5% cent over the period FY15-FY19.
    • The media segment is expected to post a CAGR of 13.5% over FY19-FY24 to reach a size of INR 3,07,000 crores in FY24.

    The Indian media industry is on an impressive growth trajectory. It is expected to grow at a much faster rate than the global average rate. Now is the right time to leverage the prospects of the media segment and launch your media company.

    FAQs

    What are the top media companies in India?

    • Eros International Media.
    • PVR.
    • TV 18.
    • Balaji Telefilms Ltd.
    • HT Media.
    • Sun Tv Networks.
    • Sony Pictures Network
    • Zee Entertainment Enterprises

    Which is the largest media company in India?

    Zee Entertainment Enterprises is India’s leading media and entertainment company in terms of net sales.

    What do media companies do?

    Media companies advise to advertise, and to present a positive picture of themselves to the public. Their work include advertising, public relations and other forms of media management.

  • How Major Social media platforms are Rivaling Clubhouse

    Clubhouse has been in the limelight since its launch last year. The app has got 12 million downloads since its launch. It has been extremely popular and is growing rapidly.

    The popularity and the growth of social media app have led the other social media apps in the market to come up with rival apps or new features for the clubhouse. Here is the list of companies that will soon launch rivals for clubhouse.

    Twitter Spaces
    Facebook Clone
    Spotify
    Slack
    Linkedin
    Discord Stage Channels
    Telegram’s Voice Chats 2.0
    FAQ

    Twitter Spaces

    Twitter has launched a new feature on their platform which is called Twitter Spaces. This feature will let users have live audio conversations with their followers. The new feature is still in the beta stage. The social media platform has been collecting feedback from the selected people chosen for the testing.

    The Twitter users on both IOS and Android can now join and talk in the audio conversations which are called spaces. You won’t be able to host your own space unless you are one of the individuals who is selected for the testing stage.

    Facebook Clone

    Facebook is reported to be working on developing a clubhouse rival which is called Facebook Clone. The CEO of the company Mark Zuckerberg had hinted about it during a conversation on clubhouse. According to the New York Times, the work began after the executives of the company had asked their employees to work on developing something similar to Clubhouse. Facebook hasn’t yet released any details about the app.

    There was a recent tweet by the engineer of Facebook Alessandro Paluzzi about the mockups which was created by the engineers of Facebook. The leaked mockups show how the app may look like.

    Facebook Audio rooms
    Facebook Audio rooms 


    The mockups look similar to the rival app Clubhouse. The company has told that the leaked images won’t be the exact reflection of its finished product. The new app is expected to provide the features such as broadcast live, creating a video room with friends, start private rooms, etc.


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    Spotify

    Spotify had earlier announced that they were buying Betty Labs which is the creator of Locker Room. Locker Room is a social audio app that is focused on sports. The company has not disclosed the amount spent on acquiring but Spotify has said that it was planning to change the name of the app.

    The app is expected to have the features such as live broadcasts in certain categories like music and cultural programmes. They are also planning to host live discussions with celebrities.

    Slack

    Slack had started to experiment with the audio feature from the last year. They tried to mimic a feature on how workplace teams hold hallway conversations through impromptu. The CEO of Slack, Stewart Butterfield said that the company was taking a page from the clubhouse. He said that through the clubhouse app.

    The new audio feature will be an addition to the existing features and services of Slack.


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    Linkedin

    LinkedIn is also reportedly working on a rival app for clubhouse. However, the company claims that their app would be different from those developed by the other companies. They said instead of concentrating on social connections, the app is expected to focus more on its services that will host conversations which are professional.

    LinkedIn says that the audio feature which is being developed will be for the people who feel that they would want more ways to communicate with their connections.

    Discord Stage Channels

    Discord is a gaming chat app. It gained popularity with the game among us where people use Discord to converse with their teammates. Recently Discord has launched a new feature that is similar to Clubhouse. This feature lets users host audio group conversations.

    Discord Stage Channel
    Discord Stage Channel

    The new service is called Stage Channels. The new feature mainly focuses on the users to host reading clubs, interviews, or karaoke. Stage Channels also have a feature that lets the room moderator to select who speaks as well remove, add or block a particular participant.


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    Telegram’s Voice Chats 2.0

    Recently even the messaging app Telegram has updated its existing live talk service. The new service is called as Voice Chats 2.0 and it has a feature that is similar to clubhouse. The new update lets you host public chats for an unlimited number of people.

    It has a feature that is similar to clubhouse which lets the participant to click a button to raise their hand. This will provide an alert to the chat administers so that they can let you speak.

    FAQ

    What is clubhouse app used for?

    Clubhouse is a social networking app based on audio-chat. Users can listen in to conversations, interviews and discussions between interesting people on various topics.

    Who founded clubhouse?

    Paul Davison is the Co-founder and CEO of Clubhouse.

    Where is clubhouse based?

    Clubhouse is a San Francisco-based app run by the company Alpha Exploration Co.

    Conclusion

    These are some of the apps which have been working or already have launched apps similar to clubhouse. The popularity of clubhouse has let the industry to come up with similar mobile applications or added features to their existing apps.

  • List of Biggest Media Companies in the World

    The participation of mass media enterprises such as commercial, print publication, digital media, motion pictures and news, make media companies the most powerful. In the early 1980, over 90% of the media in America was run by almost 50 different companies. But in 1992 the number dropped to less than twenty-four, and in recent years, that same 90% lay fallen to a number of major conglomerates.

    Here is the list of the Top media giants that set a benchmark for other media enterprises throughout the world.

    Comcast
    The Walt Disney Company
    Time Warner
    CBS and Viacom
    Netflix
    Sony
    The New York Times Company
    YouTube
    Zee News
    FAQ

    Comcast

    Net Worth estimated at around $210 billion.

    Founded almost 58 years ago, Comcast is a massive multimedia conglomerate in the world by revenue. In 2014, Comcast reportedly made nearly $69 billion as reported by the Securities and Exchange Commission (SEC). In 2013, Comcast has owned 51% of NBC Universal from GE (General Electric).  Hence Comcast is the preeminent one, for its strong commitments and consistency.

    It is the single major cable TV operator and internet service provider in United States. However, the content is created through its subsidiaries like AT & T Broadband, DreamWorks Animation which is then aired over TV and the Internet through Comcast Xfinity. The leader company is headquartered in Philadelphia, Pennsylvania.

    Comcast vs Disney
    Comcast vs Disney

    The Walt Disney Company

    Net Worth is estimated at around $220 billion.

    The next largest mass media and entertainment conglomerate is The Walt Disney Company and its corporate headquarters are in Burbank, California. The company has ownership in pleasure grounds, film studios, and multiple television networks, such as the ABC, A&E and ESPN.

    They also have holdings in heritage companies like Marvel Entertainment and Lucasfilm of the Star Wars franchise. The mission is to entice and inspire people from all over, with recognized brands, entertaining sources and new innovations.

    Time Warner

    Net Worth is estimated at around $80 billion.

    Time Warner is an independent conglomerate, and is also recognized as the world’s biggest producers by revenue. By 1990, the company became the world’s most famous media company until Warner signed an unsuccessful amalgamation with Dot-Com Bubble that ultimately led to heavy fall of $98.7 billion alliance in 2002.

    The Dot-Com Bubble was one of the most major economic events in recent history that ultimately led to a stock market crash. The Dot-Com Bubble started in 1990s with a rapid wave of new internet companies. So like many other companies, Time Warner too suffered recession with the merger.

    But in 2009, Time Warner regained its leader position. As per 2017 reports, Warner is estimated to have raised $31.27 billion in approx. Since then, AOL and Time Inc., as well as Time Warner’s entire cable division have become separate companies.

    CBS and Viacom

    Net worth of Viacom CBS is estimated at around $17.5 billion.

    CBS and Viacom, being among the diversified multimedia conglomerate reportedly made about $14 to $15 billion in revenue each as per 2013 records. They used to be a single conglomerate administered by National Amusements, a movie theater chain.

    Viacom CBS
    Viacom CBS

    On 13 August 2019, it was officially announced that CBS and Viacom would merge into a new entity known as Viacom CBS after their separation from the first personification of Viacom in January 2006.

    Netflix

    Net Worth is estimated at around $234billion.

    Relatively a new comer to the Entertainment industry, Netflix is one of the top entertainment media that has expanded over time. In just 20-25 years, it has set the bar high making billions in annual revenue, and ranking 15th on the most innovative companies list. And is the 79th most relevant media in the world.

    Netflix Fact
    Netflix Fact

    The film and television joint i.e., Netflix both in annual revenue of approximately $7.15million. The company is headquartered in the town of Scotts Valley, California.

    Sony

    Net Worth is estimated at around $95billion.

    Sony is the biggest and most diverse conglomerate corporation, based in Japan that includes game and network services, music, pictures, and electronic products and solutions.

    The New York Times Company

    Net Worth is estimated at around $10 billion.

    Established in the year 1851, The New York Times Company is currently under the chairmanship of A.G. Sulzberger. The company aims in enhancing society by creating, collecting and distributing high quality news, and other media properties.

    It also produce iconic newspapers and is one of the most respected source of news. In 2019, it had a raise of $1.81 billion revenue. Along with YouTube, Facebook and Twitter, the company added new digital subscribers in the recent quarter.

    YouTube

    Net Worth is estimated at around $170 billion.

    Indeed YouTube is the pulsating sensation of the electronic community that has incited the video sector. From my reminiscence, VCR and then DVD player were the only source of medium to watch videos, and then we moved to cable networks and now its YouTube.

    YouTube fact
    YouTube fact

    But only about 30 years ago, streaming videos over the internet was pretty much the toughest science figment. The YouTube phenomena has been around for approximately 15 years and already it has definitely changed the world with its influence and it is truly over-whelming.

    Zee News

    Net Worth is estimated at around $93 billion.

    Owned by the Essel Group, Zee News is an exclusive news channel from India and World that research and streamline breaking news relating to business, glamour, economy, politics, sports, art and science. With a dedicated team of sincere and efficient employees, the company is predominantly focused on public awareness about all affairs.

    The journalists reach anywhere and everywhere to give eyes to the necessities, and with this they are able to spread cognizance about uncertainties and promote good for the better. In 2018, there was a raise in valuation from about 75 billion rupees.

    FAQ

    Is Google a media company?

    Richard Gingras, an American Internet executive and entrepreneur, argues that the company does not “produce media” that this is the reason Google does not describe itself as a media company.

    What is the richest entertainment company in the world?

    Comcast is the richest entertainment company in the world.

    Who is the biggest broadcaster in the world?

    Comcast Corp is the biggest broadcaster in the world.

    Conclusion

    Digital media companies are different from traditional companies as they tend to have more streams of revenue. Media industry is considered as the one of the most profitable industries in world. Many advertisers are more comfortable paying to reach consumers online.

  • How Indian media has Transformed over years [Case Study]

    Media as we know it has become an indispensable part of our lives. Without it, I think we’d barely sustain the economic and demographic environment lest having a path carved to move forward. The enormous sea of information that we have access to, is to the grace of this media.

    We have come decades ahead from telegrams and fax messages which were the primary mediums of passing sensitive information to the world of the internet and smartphones where nothing really is ever sensitive.

    The 24*7 media has taken us into the whirlpool of its headlines and breaking news and keeps us on our toes with the latest updates. Print media, Cinema, broadcasts, radio, and now the Gen Z favorite digital media are now the new improved, tech-savvy, and info-rich tools used to pass on information to the masses.

    History of Indian Media
    The Present of the Indian Media
    Growth of Indian channels, and media outlets
    How Indian media has changed the course of country’s politics and dynamics
    Future of Indian Media
    FAQ

    History of Indian Media

    Indian media is the largest and the oldest media that has seen itself unfold during the 18th century. The footfalls of pre-independence saw the birth of print media in 1780. Hicky’s Bengal Gazette was the first newspaper introduced under the British Raj.

    As the fate of India unfolded in the hands of the colonizers there were several other newspapers that steadily made their presence established. This print media later proved to become a powerful weapon at the hands of freedom fighters who spread the message of independence to the masses. The Madras Courier (1785) and the Bombay Herald (1789) were the ones that followed in the early 18th century.

    Pre-Independence

    Pre-Independence saw a multitude of print media founders support and aggregate the freedom struggle. Mirat-ul-Akbar ( a Persian Journal) by Raja Ram Mohan Roy, Rast Goftar by Dadabhai Naoroji, Kesari by Bal Gangadhar Tilak. The Indian Opinion by Mahatma Gandhi were some of the prominent newspapers that took responsibility to encourage masses to come forward for the freedom movement.

    After Independence

    Even after Independence, the print media was dominated by English newspapers. Firstly, because of the exalted position of the language and secondly because of the Morse code on typewriters which were difficult for vernacular languages. Steadily, Indian languages rose to the occasion and started printing their own press.

    Indian press witnessed its first-ever revolt when the (then) Prime Minister Indira Gandhi announced a nationwide emergency during 1975-1977. This has set a precedent for how nations should not be treating their press. This suspended basic civil liberties-press being among several others.

    The Draconian law

    The Draconian law under the government threatened and arrested anyone who reported against the tyranny. The 21 month period of emergency had the Indian media on its leash and the publications had to run their content through a Chief Press Advisor before publishing.

    Radio broadcasting was first initiated in 1927 but became a state-owned department in 1930. The ministry of broadcasting and information then held the apparatus including Doordarshan, the first Indian Television channel. It is one of two statutory bodies of the Indian Public Broadcaster Prasar Bharati.

    Doordarshan
    Doordarshan

    Indian Cinema

    The Indian Cinema dates back to 1913 when Dadasaheb Phalke, a scholar on Indian languages and culture, pioneered the motion picture industry by producing the first full-length motion picture “Raja Harishchandra”. Indian cinema has been tested in many waters to become Bollywood today. Today, India is the second-largest producer of movies in the world.

    Indian cinema with respect to its viewers has been very protective of the content and subject matter that is shown to the masses. India holds very dearly to its religious and social-political views. Indian audiences are still not very accepting of mature and sensitive topics such as same-sex relationships, casteism, and politics.

    There have been excellent filmmakers who have tried to carve out these subjects keeping in mind the sensitivity of the Indian audience. We are yet to reach the maturity mark as a collective audience when it comes to raw and unfiltered content.

    Indian media
    Indian media

    The Present of the Indian Media

    The media and entertainment industry has grown exponentially over the past few decades. Today, with more than 118000 registered publications for newspapers and periodicals and makes India the second-largest country in newspaper consumption.

    Television Media

    India has 850 TV channels across all spoken languages with 197 million households having television sets in use. Every language in the Indian subcontinent has its own set of channels of entertainment. Colors, Zee, Star are some of the leading networks spread pan India covering news and entertainment in all the main languages.

    India is currently witnessing the exit of single-screen theatres as major multiplex players like Cinepolis, INOX, PVR, and Carnival Cinemas have taken over the screenings. India has lost about 12% of single-screen theatres due to the novel corona Virus outbreak. These theatres are unlikely to return to business and may be taken over by multiplex chains.

    OTT Platforms in India

    The Over-the-top (OTT) platforms have been around since 2008. But their viewership rose significantly when we were forced into our homes for almost a year thanks to the pandemic. OTT platforms were devoid of censorship and operated pan India since the internet has no geographical barriers.

    Today OTT platforms in India have valued at a revenue of Rs 40,000 crore with 40 mainstream OTT platforms running under the Indian umbrella. Amazon Prime, Disney+ Hotstar, Netflix India, SonyLiv, Alt Balaji, Voot are some of the established OTT platforms which are giving the DTH industry a run for its money.

    Growth of Indian channels, and media outlets

    Currently, the country consumes media through platforms such as TV, OTT, Print, VFX, Radio broadcasts, Gaming, and digital advertisements. India’s Ad revenue is forecasted to expand at a CAGR of 4.3% between 2021-2024.

    Due to the rapid growth in the number of internet users, the digital avenues are looking at a projection to reach a CAGR of 26% by 2024 including print and TV platforms, making India the six-largest demographic with an industry revenue worth $2.9 Billion.

    Digital advertising revenue in India from financial year 2008 to 2020
    Digital advertising revenue in India from financial year 2010 to 2020

    How Indian media has changed the course of country’s politics and dynamics

    News Media

    With news giants like NDTV, CNBC, Aaj Tak, and ABP networks, India has around 892 news channels. These media houses have gained power over the course and have divided the Indian audiences into two wings.

    Some of the media houses are owned by the wings themselves. The politics and propaganda attribute to the success and TRPs of these media houses. A free press is becoming a serious worry in terms of authenticity and is lacking awareness.

    In recent times, journalism has cost a few passionate journalists their lives, and freedom of expression which one of the basic human rights in our constitution is ceasing to have much value. The political dominance over the free press is evident and intimidating.

    India’s Freedom status

    India’s status has been degraded from ‘Free” to “Partially Free” by the NGO Freedom House due to a “crackdown on expressions of dissent by the media, academics, civil society groups, and protesters”.

    According to the Freedom in the World report, 2020, India’s score has decked to 67 from 70 out of 100. This is extremely serious and unnerving as we are losing the democratic status that we’ve held on since our independence.

    “Under Modi, India appears to have abandoned its potential to serve as a global democratic leader, elevating narrow Hindu nationalist interests at the expense of its founding values of inclusion and equal rights for all,” the report said.

    The free reign enjoyed by the digital media became a recent target of the nationalist government when it introduced new Guidelines for Intermediaries and Digital Media Ethics Code) Rules 2021 (Rules) for the functioning of OTT platforms. The new code of ethics needs to classify the content based on the viewer’s age, theme, tone, and impact.

    Future of Indian Media

    “With India’s decline to Partly Free,” the report said, “less than 20 percent of the world’s population now lives in a Free country, the smallest proportion since 1995.” The current state of media and entertainment is a little gloomy and seems to be surrounded by the clouds of arbitrary laws and coercion.

    The growth in terms of numbers is truly exponential. With OTT and Social Media platforms, media is pushing itself towards its highest potential. Content is King: but what if this content is under constant surveillance and the freedom of expression is compromised.

    The future is blurry for Indian Media and entertainment with an arbitrary wave riding its proficiency. Will India go back to being “Free” again? Or will it succumb to the political propaganda and lose its free press. These are the questions that are doing rounds of discussions among the intellectuals of our country.

    FAQ

    Who owns print media?

    ThePrint is an Indian online newspaper. It is supported by Printline Media Pvt Ltd, a company headquartered in New Delhi.

    Who owns NDTV in India?

    New Delhi Television Ltd. is an Indian news media company that owns and operates the broadcast news channels of NDTV India and NDTV 24×7.

    Who is the first woman journalist in India?

    Homai Vyarawalla was India’s first woman photojournalist.

    Conclusion

    Indian media is a mess and we need to learn to distinguish between faux news and genuine journalism. As citizens, it is our responsibility to maintain the status of a democratic nation on the world front.

  • Tips To Start A Media Company Of Your Own

    The idea to start a media company is a bit different from opening up any other business companies. To start a media company, you need to stay with an association that makes and circulates data or diversion items by any of the large numbers of accessible media, including print, radio, communicated, link, web or web-based media, but is not restricted to only these.

    If you are willing to make content with proficient editors and authors, distribute it occasionally, it implies that you can start a media company. Generally, a proprietor of any newspaper and magazine can start a media company. They produce content, group it, and disseminate it. At times, they produce it in both for paper and for digital media.

    Not only this, if you plan to start a media company, you need to know media organizations is also liable for film and music creation, illustrations, craftsmanship, and any sort of media content. Thus, online media also acts as user-generated contents. They even try to make competitions with distributors for large scale recognition.

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    Works Done By Media Company

    Before you start a media company, you need to keep in mind what are the responsibilities and tasks of a media company. It is a bit different from starting a business because media company works entirely for the public interest. So let us discuss what a media company actually does in details. To start a media company, there you need a producer which will be providing information to the audience such as breaking news, investigations, surveys and other things that will be of the public interest.

    Some media is also liable to cover many points including legislative issues, business, financial aspects, well-being, and so on. However, there are also companies that only stay inclined to a specific niche for publication of their information. However, it is inevitable that every media organization desires to become an influencer and set up milestones that people will follow.

    media company business plan_startuptalky
    Media company business plan

    Clearly, other than print, the publishers can also publish their content on the digital platform. With the websites, this, in turn, will help them to engage more visitors. Other than text and photographs, media organizations make audio and video content. Along with these, they can also be to communicate with their crowd in extra manners through sites to YouTube, SoundCloud and so on.

    Basic Steps For Starting A Media Company

    Choose Your Preferred Criteria

    There are two things that you can choose from before you start a media company. You have to think if you would like the idea that involves making an appropriation and permitting organization where you pay for the contents produced by others and later disperse it with advertisements. In this case, you’d have to begin with huge funding and possibly discover your potential partners.

    The other option includes making your own distribution or video content and gets a chance to earn from sponsorship or ads. Provided that this is what you want, the best approach to begin the media organization is to begin making the content and get into promoting it. You won’t have the option to get any publications you have enough audience.

    Selecting The Niche

    There are a wide variety of niches that you can follow if you are planning to start a media company of your own. Select from the following niche.

    • Print Media
    • Broadcast Media
    • Video Games
    • Audio
    • Films
    • Digital media
    starting a media company 2020_startuptalky
    Starting a media company 2020

    Select between online or offline

    If you are willing to give your start online, as not much offline works are done nowadays except the print, music and film media. So, you can also choose to produce your platform online since digitization can reach up to a large number of audiences in less time and is very punctual. So you need to incorporate all the pros and cons of online and offline companies and in case, you are equipped with enough fund and resources you can plan doing in both online as well as offline.

    Let’s have a look into the exclusive parts where you will need to pay more attention to. Apart from the basic needs, there are certain things whose evaluation would be a bit different from other companies. So what are these things, let’s find out.

    Start a media company

    Your Target Audience

    The initial step is kind of similar for any start-up organization. You have to focus on a specific group of readers. In this way, you will get a few ideas about your content, and provide you with guidance on creating a website. You can decide the volume of your organization depending on the size of your potential readers.

    For instance let us consider if your niche is Bollywood and entertainment, you might need to push out a survey on what type of news people are interested to read. However, you can also aim at producing an over-all content which will let your website as well as offline content growth with a considerable number of audiences. You know your crowd’s interest, and what they need and consume. In light of this information, you can promptly fabricate your earning by working with promoters.

    Values And Benefits

    Similar to an e-commerce organization, if you want to start a media company, you have to distinguish the significant highlights of your media organization. They will shape your organization and produce reputation and core messages for your potential audience. Find out what distinguishes from your competitors. Make it clear for your audience. Highlight all the points they’ll get from your organization which are exceptional.

    Top 10 Methods to Make your Video Go Viral around Web
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    Producing Original Content

    Select the topics and categories that you will need to produce your content. Base your decision on the demand of the themes, search request, recent trends, and all the keywords. You can then make your marketing strategies which will depend on the niche to attract your audience in a better way.

    For the promotion of your website, you can utilize the following things.

    • Search engine optimization
    • Paid ads in search
    • Guest blogging
    • SMM
    • Partnering with other media

    Do You Investment Properly

    Any investment you spend on the company should not go waste; you need to ensure that first. Get business cards and postcard-sized leaflets printed out. These ought to again promote your image and the service that you are going to offer to your audience. After you are done with the above things, try creating contact with individuals who you would focus as customers. This way you’re doing your promotion yourself.

    media startups india_startuptalky
    Media startups in India

    When you will be able to get hold your first couple of customers you’ve set the ball rolling. At this point when individuals see the incentive that you are bringing on to the table, they will come flooding in.

    Determine Your Profit

    After you have successfully produced your content, you would obviously opt for earning a profit margin because that will bring more incentive to work more consistently. However, starting a media company offline might need some extra effort to add advertisements and make promotions for your company physically, but if you are considering things online, here are the few sites you can utilize to get an uninterrupted income, once your website becomes eligible for monetization.

    • Google AdSense
    • Third-party ad platforms such as Zedo
    • Crowd-funding
    • Work for paid content
    • YouTube
    • Partner Program

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    We have often heard that Content is King and content writer is a warrior ! Ifyou are a person who is updated in this world then you must be knowing thatcontent is one the scripted key aspect that can drive your marketing process.After all, in today’s era, 90% of the companies market themselves w…

    If you want to get in touch with the offline ad agencies that you are willing to work with, here are few options you can choose from

    • DBB Mudra
    • Creative Think Media
    • Madison World
    • Urja Communication
    • Purnima Advertising
    • Mad Influence

    Growth Of Media Company

    If we consider the growth of the media company then we must say that it has subsequently been increased through-out the decade. Media is devoured by the consumers across socio-economic and different formats, for instance, TV, films, out-of-home (OOH), radio, animation, and enhanced visualization (VFX), music, gaming, digital publicizing, and print.

    Media and entertainment industry statistics_startuptalky
    Media and entertainment industry statistics

    The Indian advertisement industry is extended to be the second-fastest developing and promoting market in Asia after China. At present, publicizing income represents around 0.38 per cent of India’s GDP. By 2021, Indian media and media outlet will arrive at Rs 2.35 trillion. So, keeping this in your mind, you can start a media company. There will be a lot of competitors, but you should not let your heart down and face all the obstacles with your head high.

  • Top 7 Media Agencies in India that can Help your Business Grow

    Wondering how to grow your business. Marketing and Advertising is an ongoing strategy that helps businesses flourish. Marketing is the most effective way to communicate your value to your customers in an interesting way. Several media agencies in India can help you promote your brand. Customer engagement is essential for a successful business. We have listed out Top media agencies in India that can help your Business Grow.

    Top 7 Media Agencies in India that can Help your Business Grow

    1. Wavemaker

    With an exceptional client portfolio consisting of Chanel, L’Oreal, Netflix, Paramount, Tiffany and many more wavemaker is one of top media agency in India. Wavemaker has recently started its operations in India.

    Wavemaker media agency
    Cadbury fight against online hate in India

    Wavemaker challenged Cadbury Dairy Milk to live its brand promise of goodness by leading the fight against online hate in India. Positive sentiment towards Cadbury Dairy Milk increased, with 89% of consumers saying they feel the brand is ‘relevant to me’.

    Media Agency Name Wavemaker
    Headquarter London, UK, New York
    Founder Eric Manlunas
    Founded 2017
    Industry Advertising & Marketing

    Awards

    • Best Agency Partner (second year in a row)
    • Gold for Media Idea under £250k for BA
    • Silver for Media Idea over £250k for Nationwide
    • Bronze for Collaboration under £250k with DCM for Counter-Terrorism
    • Silver for Best Collaboration over £250k for Nationwide
    • Gold with channel 4 – nationwide for media creativity
    • Bronze with Minute Media for best use of content over £250k for Right Guard Lie Detector

    2. Catalyst

    Catalyst are one of the leading Website Design Company in Mumbai, that offers end-to-end Web Designing, Web Development, WordPress, Mobile Application. Catalyst helps entrepreneurs, startups, brands and businesses achieve their business goals. With over 10 years of web design and mobile application development experience this is one of the leading website design company.

    Media Agency Name Catalyst
    Headquarter Mumbai
    Founder Zahir Wallani
    Founded August 2005
    Products Web designing, Web development
    Industry Advertising & Marketing

    With a client portfolio consisting of Standard Chartered, Vodafone, and times network it can be said they are a Creative Technology company that delivers everything related to website design. There portfolio is spread across various domains right from textile to entertainment.

    Want to boost your Business? Here’s our guide to How to use Medium to Boost your Business

    3. Sakshar Media

    Sakshar Media is a marketing firm that specializes in corporate events management, branding and design, public Relations, Publishing, and print media. With exceptional clients like Fortis, India’s book of records and Barbeque nation makes it one of the top media agencies in India.

    Media Agency Name Sakshar Media
    Headquarter Delhi
    Founder Puneet kumar kanojia
    Founded 2017
    Products Web designing, Web development
    Industry Public Relations and Communications


    How To Start A Media Company?
    A Media Company, can be defined as a group or institution, which holds theownership of businesses in various advertising for example TV, radio stations,publishing, movies, and also the Internet. Nowadays, all successful brands invest in premium quality content that performswell on multiple plat…


    4. Starcom Mediavest

    Starcom Mediavest is one of the leading businesses in the Advertising Agencies in India. It has a huge network and has its operations in over 20 countries. It is one of the top leading marketing and advertising agency in India that can promote your brand.

    Courier Name Aramex India Pvt Ltd
    Headquarter Chicago, Illinois, United States
    Founder Laura Desmond
    Founded 2000
    Products and Services Advertising, Marketing, Brand Marketing
    Industry Advertising & Marketing

    Awards

    • No. 1 Global Media Agency by Advertising Age (2010, 2011, 2013)
    • New Interactive Landscape by Forester
    • Most Effective Network” at the North American Effies

    5. Tea and Tonic

    With a client portfolio consisting of BABA’s Wood Cafe, Bakers Studio, The backyard and Anahata makes it one of the top media agencies that are acing the game. From fashion to wellness this media agency can promise to enhance your brand image. Whether it is for a simple media release to brochures or a full website this media agency can serve you get your message across the people.

    Media Agency Name Tea and Tonic
    Headquarter Porvorim, Goa
    Founder Anuradha Holst
    Founded 2012
    Products and Services PR & Consultancy, Media Relations, E Mail Marketing & Social Networking, Graphic Design
    Industry Public Relations and Communications


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    6. Trivium Media Group

    Trivium Media Group is an advertising and media agency that offers interactive solutions to elevate your business value and brand. Trivium Public Relations has an amazing 25 years of experience. With a client portfolio of top brands Forbes, GQ, Vogue, and many more. It is one of the largest and wide networked PR consultancy agency head stationed in Mumbai.

    Courier Name Trivium Media Group
    Headquarter Dubai, UAE
    Founded 2012
    Founder Ovez Khan
    Products and Services Brand Management, Public Relations, Media Production offering Creative Designing and Packaging, Content Marketing, Digital, Social Media and Communication Management, Web Design, Brand Activation
    Industry Marketing and Advertising

    7. UM India

    UM is one of the leading strategic media agency in India. UM India has an excellent client portfolio consisting of influential brands like Samsung, Johnson & Johnson, Coca-Cola, Amul, Tata Motors, Mahindra, Marico, Kansai Nerolac, Tourism Australia, The Hershey Company, Exxon Mobil, BMW, Sony, and several others. UM operates in over 100 countries. This makes it the Top 10 Best Media Agencies in India.

    Courier Name Lodestar UM
    Headquarter Mumbai, Maharashtra
    Founder Brian Kessman
    Founded 2008
    Products and Services Marketing, Advertising
    Industry Marketing and Advertising

    Marketing can help you expand your customer base. Also Finding the right agency to market your product is quite confusing, so we have listed out the top best media agencies in India that can help you grow your business. Social media posts and email campaigns are beneficial to engage customers and spread the word to new potential customers.