Television

Chandra top media baron among 5 on 'BS' billionaire list

MUMBAI: Five media barons who have been raking ip the billions in the year gone by have made it to The Billionaire Club - pink paper Business Standards' annual rich list.

So what is different this year? Well, what's striking is that the heads of the media companies who have regularly featured in The Billionaire Club have moved down in rankings terms from the positions they held in 2003.

Media baron Subhash Chandra of Zee Telefilms, worth Rs 28.49 billion, who classically tops the list amongst the media barons, is ninth in the overall rankings for 2004. However, he has slipped down a place from eight, which is the position he held last year.

Nonetheless, and rather remarkably, the pioneer of the Indian television media space ranks third amongst the Power Billionaires' list of five (after Mukesh Ambani and Sunil Mittal). The criteria of selection delved upon the notion as to which business magnate can influence policy decisions the most.

The Power Billionaires list also highlights the point that Chandra offered only one media interview throughout 2004.

As for the other notables on the list, TV Today promoter Aroon Purie, worth Rs 3500 million, slipped to 82 from 64. Subrato Roy, the czar of Sahara Media, is pegged at 86, down from 61 in 2003.

NTDV promoter Prannoy Roy, worth Rs 2330 million, is at 97 today, down from 86 last year while Balaji Telefilms' Jeetandra Kapoor, worth Rs 1980 million, also slipped form 95 to 127.

The listing also accentuates the pay packages of the best paid executives in the Top Earners. Crest Communications (rechristened as Crest Animination) CEO AK Madhavan earned Rs 13.1 crore while TV Today CEO G Krishnan received Rs 12.7 crore.

Balaji Telefilms' managing director and CEO Shobha Kapoor and creative director Ekta Kapoor took home Rs 11.3 million each.

As the ranking list scrolls down, the only new entrant from the media frat is Adlabs Films' Manmohan Shetty and Vasanji A Mamania, worth Rs 1060 million.

According to the methodology adopted by The Billionaire Club, media promoters are all listed companies, and the wealth has been estimated on the basis of the market value of their direct holding companies. The survey has eliminated cross-holdings in their stakes.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/pritam.jpg?itok=tVS2_5SL
Prime Focus joins hands with Pritam and Kwan to create JAM8

Integrated media services company Prime Focus Ltd has announced its collaboration with Jam8, a musical platform founded by Indian music composer/director Pritam, and KWAN, a talent management company to serve as a 360-degree creative solution provider for the M&E industry.

Television Production House Film Production
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/star.jpg?itok=Xao8ACOH
Star Movies Kids is the new kid on the block

A few years ago Star India decided to hive off some bits of its repertoire and focus exclusively on its main GEC Star Plus and the emerging sports scenario. Surprisingly, the channel is now taking a new turn by targeting the youngest viewers. As per industry sources, the Uday Shankar-led network is...

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/cn.jpg?itok=BRpRY0Oq
Zapak and Cartoon Network India partner to launch ‘Ben 10 - Alien Run’ mobile game

Anil D. Ambani led Reliance Entertainment’s Zapak, India’s leading Gaming Destination, in association with Cartoon Network India, rings in the New Year with an epic launch for fans and gamers alike, with Ben 10 - Alien Run Mobile Game.

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/makarskratni.jpg?itok=GEQT4q5A
Sony Entertainment Television makes Makarsankranti memorable for the commuters of Western Railway

The local trains in Mumbai are known to give a unique glimpse into the lives of Mumbaikars.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/atul.jpg?itok=WTNlgJrH
ZEE announces offer on Zee Family Packs, now at Rs. 39* per month

With the new tariff/pricing regime all set to come into effect from February 01, 2019 ZEE, the No. 1 television network of the country, announces attractive launch offers for its consumers. Zee family packs will be available for Rs. 39* only. This special launch offer has been devised for consumers...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/chopra.jpg?itok=7oVlfmU9
Viacom18 introduces VIACUBS - a day care facility for employees' children

In continuation of its gender inclusive policies such as a 36-weeks maternity leave and flexible work arrangement, Viacom18 today announces the launch of Viacubs – a child day-care service for Viacom18 employees. Viacubs is a part of Viacom18’s WAVE initiative which focusses on safety, wellness,...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/shaurya-mehta.jpg?itok=Kyr3wOqF
Privé Unscripted to offer thought-provoking content from BBC

ZEEL’s premium English movie channel - &PrivéHD - is all set to telecast its new offering from the BBC library- Privé Unscripted. It brings not just movies inspired by real life but life itself showcased in all its raw and unscripted glory. The content from ZEEL’s association with BBC Studios,...

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/palia.jpg?itok=N9_9Ii3e
MTV to up its game in 2019 with new format shows

After claiming to have doubled its viewership in 2018, MTV is all set to up its game by launching the eighth season of MTV Unplugged, a singing show, on 26 January, 8 pm onwards. Royal Stag Barrel Select and MTV have collaborated to present the program.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/graph.jpg?itok=xdrIJAzs
Hindi Movies most benefited genre in Chrome DM week 2

With a growth of 0.93 per cent as compared to last week (1), the Hindi movies genre marked the highest opportunity to see (OTS) among all categories in week 2 of Chrome Data Analytics & Media. In the Hindi ovies genre, Rishtey Cineplex gained the highest OTS with 95.1 per cent in HSM excluding...

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories