Television

Ficci Frames 2004 to undergo makeover

MUMBAI: The annual Frames convention, in its fourth year in 2004, will have some changes in its format.

This was announced at the third seminar in the Frames 2004 knowledge series on Saturday. The session dwelt on film finance. A session held last month had dealt with the broadcast sector.

Ficci's Sushil Jiwarkar said, " As the entertainment industry grows and matures, Frames also has to shift gears to reflect changing perspectives of the business. Hence we have initiated the process of pre consultations with industry members to collate their thoughts and viewpoints well in advance."

"Our aim is to make Frames 2004 more businesslike and result oriented. At Frames 2004, we have decided to limit the number of sessions to 15 or 16. There will be focussed workshops, company presentations, screening opportunities and the like. The seminar held for each industry segment will be vertically integrated to reflect continuity. We are given to understand that the UK Film Council, which had a major presence in Frames 2003, is negotiating five to six projects for co-production with our industry involving a total amount of 10 million pounds."

"We have received suggestions to hold structured financial sessions at Frames 2004. Through this, it is hoped that more such projects will be put in place. This will help new talent to give vent to their creativity."

Meanwhile, the Frames 2004 Knowledge Series is aimed at providing theoretical underpinnings of entertainment to an industry which has remained largely unstructured. One point that was raised on Saturday was that India could take advantage of the BPO side of the process of filmmaking. A cameraman here would cost much less than what is available overseas. This could be worth a few billion dollars. It was also suggested that the industry work with specialised sales offices in countries like Germany and UK.

This way, there could be some projections made about the amount of business one could expect to do in a certain market. This was a response to a complaint that was raised by an audience member who worked for a German film production and distribution company. The company has $30 million to invest in India but has so far not seen any project it feels confident enough to back because business projections are not present.

In its presentation, KPMG said that technology would unleash a whole new load of distribution streams for content. The industry is ready for a mindset change in terms of how it conducts its business a company representative said. "Aggregation of economies of scale are a crucial driver and this must be recognised by participants for revenue enhancement and cost reduction. Money will come in and the industry must move from an unorganised mechanism to an organised one. The nature of the business needs to be demystified."

"When we talk of aggregation, we will see media funds or media banks kind of concept start to happen. Cash entrapment will also happen. It will become easier to see how this business catches its cash. For instance digital distribution formats will change the way films are exhibited. This will allow banks to see how the money is flowing."

On the television front, KPMG noted that 82 million households were connected. While there are over 300 channels in operation, the proposed implementation of addressability has the entire industry in a tizzy. Therefore, the future outlook for the industry is uncertain. The forces that are driving change in the film industry included the entry of global players, technology driven piracy, the changing regulatory environment as well as increased interest from corporate fund managers.

KPMG also noted that the traditional sources for film finance had dried up due to the high number of flops in recent times as well as the exit of several private investors when the economic environment turned sour. The new sources of funding include debt and equity. Projects could seek venture capital as well as international private equity. One of the concerns for equity investors is the scalability of the business model as well as extent of corporatisation not just in form but also in spirit.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/star-maa.jpg?itok=ILnfHVFv
STAR Maa announces call for entries for a brand new reality show PelliChoopulu

In continuation to give its viewers a unique and entertaining show, Star Maa the most viewed Telugu entertainment channel has announced the call for entry for its upcoming reality show PelliChoopulu.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/zee.jpg?itok=hkFiTrEy
Zee Telugu announces auditions for all new season of its legendary dance reality show, Aata Juniors

Aata Juniors, one of Zee Telugu’s most sought-after reality shows is soon making a comeback to the channel and is looking for the final contestants via auditions.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/20/bahu.jpg?itok=oVI8-9Wk
Sony Max pushes its way to most watched Hindi channel across genres

Sony Pictures Network India (SPN) Hindi movies channel Sony Max was ranked second in Broadcast Audience Research Council of India (BARC) weekly list of top 10 channels across genres (across genres list) for week 28 of 2018 (Saturday, 7 July 2018 to Friday, 13 July 2018, week or period under review...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish_0.jpg?itok=cAX2IDtI
Dangal TV prepares to scale up ambition with new play

When it comes to general entertainment channels (GECs), hitting the sweet spot isn’t all that easy.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/fox.jpg?itok=qeI4K472
Comcast drops bid for 21st Century Fox assets, cedes prize to Disney

The fierce bidding war between Comcast and Disney has finally ended with the former dropping out of the race to gobble up the prized 21st Century Fox assets. Comcast will now shift its focus towards sealing the Sky deal.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/manish.jpg?itok=C8nj-8lv
ZEEL elevates Manish Aggarwal as business head of Zee5 India

In a recent development, Manish Aggarwal has been elevated as business head of Zee5 India, the OTT platform of Zee Entertainment Enterprise (ZEEL).

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/sun.jpg?itok=WiSZrCfI
Sun Life enters Tamil market in BARC week 28

Sun Life, the movie channel by Sun TV Network came as a new entrant this week after Broadcast Audience Research Council (BARC) released its ratings for week 28.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/colors.jpg?itok=MxJ0xDqt
Colors Gujarati to launch a dance reality show ‘Naach Maari Saathe’

Colors Gujarati is all set to bring a dance show named Naach Maari Saathe. The show which will hit the small screen from 23 July will have Hitu Kanodia, Vyoma Nandi and Neerav Bavlecha as the judges.

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/19/zee.jpg?itok=EWutot3J
Brahmagantu’s Gundamma to emerge on Zee Kannada’s DKD

Zee Kannada, creating the best entertainment programmes, has become a household name for quality entertainment.

Television TV Channels Regional

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories