| Indiantelevision.com's
interview with Zee Telefilms director, special projects, Yogesh Radhakrishnan |
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"Movie
channels should stick to their core competency of delivering
movies rather than trying to deliver something else"
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| Posted
on 26 June 2004 |
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Very
often, an office speaks a lot about the person occupying it. One
look at the pearl white walls and the chic steel furnishing, one
knows that the occupant is a no-nonsense business man. Yet a small
"Sri Yantra" vying for attention alongside a laptop reveals
the traditional side of the man. That's Yogesh Radhakrishnan for
you.
"I
am an entrepreneur and not an executive," he offers. True enough,
being 20 years in the media business, one thing that has made him
rise above the rest is his entrepreneurial skills.
Surprisingly,
in an industry known to take its toll rather too soon, Radhkrishnan
doesn't show any signs of slowing down. In fact, we hear that in
addition to the seven channels, and numerous other businesses both
in India and overseas he is piped to preside over another important
portfolio soon. "It might be a business for some, career for
others, but it is a passion for me me," he offers.
Excerpts
from an interview Radhkrishnan gave to
Trupti Ghag:
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How would you chart Zee Cinema's growth in the last year? What is
the target that you have set for this year?
Fantastic, to say the least! It has been an amazing journey
from where we began in 2002-2003. Zee Cinema has grown leaps and
bounds in the past two years. It has been the dark horse in the
Zee stable. It has outperformed its competitors in the last one-and-a-half
years.
We
are aiming for 50 per cent growth in our business for the year 2004-2005.
It is a very steep target to achieve, not only in terms of revenue
targets, but also in terms of the projected GRP targets and brand
image.
We
want to move ahead from a scale and kind of hype that we generated
last year. Be it having achieved the highest amount of TVRs a movie
could achieve on a movie channel, or the success of the Sholay
campaign. It is something for us to look back and feel happy about.
But it doesn't end here. As an entertainment business, the race
against time to better ourselves is never ending.
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The latest on the Zee Cinema front is the revamp. How did the idea
for a revamp come about (it happens on 2 July)?
We are not looking at too many changes, really. We are looking at
changing the packaging and the graphics. They have been the same
since the introductory phase in 1996. So, we decided to give it
a more contemporary touch, a modern new look. What we have done
is to polish an already existing diamond.
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Is
there a new tagline for the revamp? What about the logo? Are you
continuing with the colour schemes or are you opting for softer
colours like mauves and lilacs?
We are continuing with the 'Movie, Masti, Magic' tagline. We don't
intend to change it because we believe that it has worked very well
for the channel. Contrary
to popular belief, changing the tagline has not gone a long way
into really improving the channels rating or people wanting to see
it.
Neither
are we planning to do any changes to the logo but yes, we are planning
to make it a tad sharper, give it that extra finesse. Also we are
not contemplating any mauves and lilacs, we are working on the same
colours because we believe that green, yellow and blue - the existing
colours - have delivered very well.
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What is the current brand positioning of Zee Cinema?
Zee Cinema has a distinct advantage over its competitors simply
because it was the first movie channel available to the Indian consumer
- a first mover's advantage, so to speak. In the Indian cinema genre,
it does have good recall.
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You
have been keeping yourselves busy with festivals and new bands?
How have the new bands like 'Rok Sako Toh Rok Lo' and 'Premier'
really fared? Why is it necessary to create such festivals, is it
just for the advertisers' sake?
Once there is a brand recall to a channel, then the next part
is to hold on to the audience, keep them enthused.
Zee
Cinema has a large number of properties that are constantly developed
and infused with innovation. Not merely for the advertisers, but
also for the viewers' sake.
In
the high clutter of the movie and the general entertainment channels,
the real trick is to get the viewers to remember the movie and the
time it is going to be aired. Creating properties is to get the
viewer to remind him, to fix up his appointment with that particular
movie on that channel at that particular time.
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Which are the most prominent brands on the channel?
I don't think there is any brand that is not available on Zee
Cinema. Among the movie channels, the highest number of advertisers
is with Zee Cinema.
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How is Zee Cinema positioned with the media planners and buyers?
I think it is positioned somewhere in between a high frequency-cum-reach
channel. Why, because the delivery and the CPRP that Zee Cinema
offers is probably amongst the cheapest and the best value for money
that any media planner would get in terms of costing.
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"The
delivery and the CPRP that Zee Cinema offers is probably amongst
the cheapest and the best value for money that any media planner
would get"
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In
the media business, the channels have to constantly look out for
varied properties... sort of broaden the horizon. Zee Cinema hasn't
really branched out into anything else. It is just concentrating
on movies. Why?
The
thing is, a cinema channel ought to be a cinema channel. We do have
some shows on the channel, the traditionally film based ones and
we are in process of launching a couple more. In fact, we would
be launching a bunch of shows on both Music and Cinema simultaneous.
But yes, the thrust will always be movies.
I
would like to reiterate again that the movie channels should be
in the business of airing movies. They should stick to their core
competency of delivering movies rather than trying to deliver something
else, which people are already getting to watch elsewhere.
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What
is the percentage that Zee Cinema contributes to the Zee bouquet
in terms of revenue?
I
wouldn't like to give something in terms of percentage. But yes,
it demands a high loyalty within the Zee-Turner bouquet. Every distributor
and cable operator has always insisted on having Zee Cinema as a
part of its bouquet.
It
is a dark horse in Zee-Turner stable and would emerge stronger,
this year, with its new look.
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Why
do you keep calling it a 'dark horse'?
I think it was an underrated channel, right from the time it was
launched. Always under the shadow of Zee, be it in terms of its
deliveries, reach, or numbers. But the moment the Zee network started
separating each into individual channel sales, every brand was harnessed
to its true potential. It was then that Zee Cinema showed its true
colours and really delivered very well.
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Do cinema channels enjoy appointment viewing?
Appointment viewing is something that general entertainment
channel deliver. Movie channels do have loyal viewers and the idea
to create 10-1-5 appointment packages, which we did last year, were
a success. I think the festivals that we conducted to promote a
time band really helped us. We are slowly moving towards appointment.
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How is the day part divided?
The day part is divided into six bands. We air a movie at 9:30,
then at 12:30, followed by a noon band at 3:30, then a movie at
tea-time at 5:30 and night movie at 8:30. We also have a mid-night
movie at 12:30 am.
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Correct me if I am wrong, the effort that goes into planning or
creating festival special campaigns for Cinema is more than the
that for general entertainment, especially logistically?
Media
planning is a very difficult job, whether you have to plan for general
entertainment channel or niche channel. But yes, I do agree that,
in the case of appointment viewership, it is very easy for some
channels to pin point and prove their top three shows. They can
easily bet that their GRP levels can't go beyond certain numbers.
I do agree that planning for a movie channel is not an easy job
but I think people have managed to work it.
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"Creating
properties is to get the viewer to remind him, to fix up his
appointment with that particular movie on that channel at
that particular time"
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What about budgets for marketing and promotions?
We do have a large amount now. It works out to about 15-18 per
cent of the channel's revenues. It used to be a negligible amount
earlier.
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What are the new acquisitions for the season?
We have a bunch of acquisitions, but we are still in the process
of finalising it so I can't really tell you now.
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What
about crossover movies and Diaspora movies? You had indicated earlier
that you were planning to acquire a few and create a dedicated time
slot?
It is not that the crossover movies are being produced in large
numbers. They were at one point of time. But because they are not
doing too well, you see lesser amount of movies released this year.
The audience preferences become quite clear at the box office.
By
and large, one knows that the movies that perform well in the box
office also perform well on TV as well. But, yes that's not the
case always. Recent examples have shown that the movies that didn't
do quite well at the box office delivered fantastic ratings.
But
it is usually a safe bet that the movies that have done well at
box office definitely do well on the small screen.
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What
is the kind of money that goes into acquisition of movies?
Acquisition is a huge process. As a group, Zee is getting into
a lot of movies, not only in terms of distribution but also acquisition
in country and oversees. Nitin Keni is heading that unit. This year
we are looking in investing a huge amount of monies in acquisition
of movies and it obviously runs into 100s of crores (billions of
rupees).
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What
about Hollywood movies? The latest trend seems to be dubbed movies.
I wouldn't like to read too much into that. Titanic and
Jurassic Park are not the ideal examples one would give for
all dubbed movies that work well in Hindi. If it was true then all
that had to be done was to collaborate with an English movie channel
and dub each and every movie!
Indian
audiences will not accept everything that is on English movies because
Indians prefer fiction. By and large, movies which have done well
on TV have incidentally done well on theatres in India.
There is no real theory in saying that all dubbed movies will do
well or all Kung-Fu movies will do well. It all depends on how well
strategies work around the movie brand. I think our competition
worked around it and they have succeeded.
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It
was early last month that you set up a separate distribution arm
for Zee Music and Zee Cinema. What was the need?
Distribution does play a key role as far as placements of channels
are concerned. With my experience in the distribution side of the
business in the last 20 years, I have seen the necessity for a channel
to be well distributed. It is largely because of the very unique
way our market is structured.
Our
market consists of 40-45 per cent black and white TV sets, so obviously
a channel that is not highly placed gets completely shunted out
of these households. So to create a kind of a bridge between us
as a channel and various cable operators and MSOs, we decided to
have a small distribution arm. It was set up to facilitate and keep
informing MSO's and cable ops on the various programming efforts.
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"With
etc and Zee Music, we have more than 50 per cent of the music
channel market share with us"
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How is Zee Music now positioned now after the recent revamp?
Zee Music has come up in a very unique fashion. It was a brand
that had lost a lot of its credibility in the past with various
re-launches. The last launch therefore was a difficult task. So
we decided to take a route called "Sound of India". What
we basically did was to give the channel a face-lift, and change
the brand image. I must say that we have started attracting a lot
of brands recently.
The idea, behind the revamp, was to use the strength of the Zee
library into Zee Music. We have copyrights for more than 5000-6000
songs and we are working on a few other software deals. In addition
to that we are have a full song concept, where we exclusively air
complete songs of the movies with us.
We
also went along the VJ hunt path because we thought that the music
channel did require a particular image, in our case a strong Indian
music channel one. We needed to get into minds of people and create
that recall. The hunt was really necessary and we have been fairly
successful. I think 2004-2005 we are going to be strongly placed.
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Besides the strong Punjab- Northern states market, which is the
strong market that you are looking at for Zee Music?
It
is definitely an all India product for me. Plus it is a free-to-air
product, unlike other music products that are on a pay mode.
It
has helped us to penetrate into markets to a large extent. In the
last six months, we have emerged as serious players. Earlier, we
were pretty much discounted in the markets.
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If so much of an effort has already gone in then why is the channel
still not in the reckoning?
Running a channel business in not akin to waving a magic wand! It
takes time build a brand, achieve penetration, build an image. We
have fought very hard. We have structured the channel, have really
tried to give an image that a music channel requires. It has not
been a very easy turf.
Zee
Music's core audience belongs to the 15-34 demo bracket. To get
into the audience mind, we had to ward off the competition provided
by the bigger brands that have been around.
I am
not really discounting etc though. I also head etc and now I have
responsibility of handling both. Yet I have managed to keep both
the channels separate.
We
continue to see etc as the trade channel, rather that hard core
music channel. But with etc and Zee Music, we have more than 50
per cent of the music channel market share with us. That makes heartening
news for us. It might not make our competitors happy; after all
they do claim to be bigger brands.
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"There
is no media planner for films in the country, who can escape
without advertising with etc. It is a compulsory buy for
them as a brand"
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What
is the positioning of etc versus Zee Music?
etc is on different route altogether. It's more of Bollywood,
information, music. I think it has more of information based entertainment.
etc
can proudly claim to be the number one music channel, in terms of
reach, nos, GRPs, top shows. It has delivered well in the last five
years and it continues to do well. There is no media planner for
films in the country, who can escape without advertising with etc.
It is a compulsory buy for them as a brand.
It has been a very strong trade channel for the exhibitors, distributors,
and retailers both of audiotapes and films. It has got a huge penetration
as it is a free-to-air channel.
Whereas
Zee Music will follow the path of the other music channels, get
into their market shares.
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It is common knowledge that if a media planner can't see it, he
won't believe it and he certainly won't buy it. How is it then that
you have managed to convince your buyers?
I admit that there has been some distribution problems that we are
tackling but it is not as if the channel is not seen at all.
If
that was the case then we wouldn't be able to deliver the numbers
that we claim we have. Or else you would start doubting numbers.
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Reality shows help fillip ratings and so do ground events. Are the
other reality shows planned? What are the promotions and ground
activities that you have planned?
We have some thing very big ones coming up. Something that the television
audience in India hasn't seen so far. But I can't talk about it
as yet. You will have to wait and watch....
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We hear that Zee will soon be launching a South Indian channel.
If it is true, then where are you positioning it?
Nothing at the moment for Zee, but yes we are planning a music channel
from etc group. We are calling it "etc box" and we would
be making an announcement within a month's time.
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What are the plans for next Zee Cine Awards? Will they also be held
abroad next year?
We have something definitely bigger planned for it this year. After
all it did generate great TRPs for us. And yes, they will be held
abroad, we are not too sure where though. But ideally we would like
to organise it in the markets where Zee has a strong hold like the
UK, the US, South Africa or Europe.
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There was a lot of chaos on the ground event. It was something that
was talked about a lot in media. Would you like to comment on it?
It is all a learning process. Yes, there were a few problems, but
then again something of this magnitude had never been attempted
before.
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You recently launched the three niche dish movie channels on cable
- Premiere, Action and Classic channels. What I am really interested
in knowing is where is the content? Are you looking at shows as
well?
Believe me, movies have a huge repeat value and yes we do have a
large library. But we are not looking at any programming. It is
too soon to talk about it.
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