|
|
|
| Indiantelevision.com's
interview with India TV CEO Chintamani Rao |
| |
|
'News
channels don't sell themselves correctly'
|
|
|
| Posted
on 20 September 2005 |
| |
|
He
can be called an outsider to the broadcasting world, but he claims
to have seen the media from both sides. Having spent close to 30
in the world of advertising where he did everything, except the
creatives, hes now getting to know things from the other side
having joined a broadcasting company. India TVs newly-appointed
CEO Chintamani Rao can be said to be in an enviable position.
However,
it would not be an easy job for him to establish the India TV brand
further in the market --- his primary aim --- as competition is
cut-throat and the market is so fragmented that sometimes even angels
fear to tread here.
Rao,
who has been associated with Universal McCann, was responsible for
all the non-advertising businesses of the group including Result
McCann (direct marketing and event management). In his advertising
career, he has also been associated with other brand names such
as O&M and Lintas and done stints in India and abroad.
In
this interview with Indiantelevision.com
at
the companys studio facility in Noida, on the outskirts of
Delhi, which is his first brush with the news media after joining
the Rajat Sharma-promoted India TV, Rao gives sneak preview of things
to come and what hed be trying to do, while maintaining that
hes still in the learning process.
Excerpts:
|
| |
|
Do you see yourself as an outsider in the broadcasting industry?
Let
me put it this way - I am still in the learning mode. Still, this
business has comforting similarities to what I was doing earlier.
The difference here is what I was looking for.
|
| |
|
What
is the difference that has spurred you on to join a news broadcast
company?
Lot of people were surprised when I announced my decision to
join India TV. They said, 'after being in the advertising industry
for so long, you are changing track.' Thats exactly the point
--- so long. In my 31 years in advertising, I think, Ive gone
through the whole range from media planning, buying, outdoor
At the cost of sounding immodest, I can claim that I have done almost
everything that had to be done in the advertising industry; except,
of course, the creative part.
In
this very road, I see no new mountains to climb, at least none that
beckon me. Television is full of action, and the news space is growing
rapidly. I look forward to a great deal to learn and do here. I
am certainly not in the retiring mode.
|
| |
 |
'The
Hindi news space is brimming with activity and India TV has
got a strong brand in Rajat Sharma'
|
|
| |
|
In this quest for new challenges, how did India TV happen?
I
cant say that I was actually looking for India TV or to join
this particular organisation. My career took its own course and
circumstances brought us (Rajat Sharma and Rao) together.
But
after having joined India TV, I find this place interesting and
stimulating. Especially as India TV is in the Hindi news space,
which is brimming with activity, and the fact that this organisation
has got such a strong brand in Rajat that it would be challenging
to exploit the brand value for further benefit of the company.
(When
Sharma was asked the reason for getting a CEO and that too an advertising
professional, he had this to say: "As we have grown and been
expanding, on this road of growth we will be facing many more challenges.
India TV indeed would need an experienced and rich hand to advance
the further growth of the channel." Rao, according to Sharma,
is the best professional amongst the many the company
was searching for and his understanding of the media business would
be an asset. Especially from the marketing point of view.)
|
| |
|
What do you find exciting and challenging in the broadcast business
now that you are in the thick of it?
Television
is an intellectual property. So, what makes one TV channel different
from the other? Its content. And, I have been managing content
all my life. Just before joining India TV, I was running an agency
that was into media buying. Now here, I have to sell the media.
Whats challenging for me is that I bring that perspective
of buying and selling as also managing content. I have never been
in the creative business and here also I leave that to others like
Rajat, except, of course, giving my feedback to the content creation
team.
|
| |
|
What
would be your main agenda at India TV?
Without doubt, it would be to build the India TV brand further
so that the brand extension translates into viewers, advertisers
and help the distribution team. Its a symbiotic relationship
amongst all these functions and I hope to further facilitate that.
Then, one will have to identify the target audience and whether
that audience is being served properly. Its very important
to also properly identify the target, otherwise even ad sales initiatives
might not bear fruit.
|
| |
|
'Whats
challenging for me is that I bring the perspective of buying
and selling as also managing content here'
|
|
|
| |
|
How do you plan to do brand extension for India TV?
I
ask myself the question: 'Whats unique that India TV has?'
The answer is Rajat Sharma. Lets face the fact, hes
the only star in the Hindi news space. As a marketing professional,
my job is to leverage the asset of India TV and that is Rajat Sharma.
|
| |
Do you seriously feel that India TVs biggest asset hasnt
been properly exploited till now, which might be a reason for the
news channel to languish behind others?
I would not like to comment on the latter half of the question
as I have just joined and am still learning the tricks of the trade
and India TV is fairly young in the business. But the answer to the
first part of your question, is, of course, the asset hasnt
been properly exploited. |
| |
|
Would we see more of Rajat Sharma in marketing and advertising initiatives?
I cannot divulge the plans immediately. So, continue watching
this space.
|
| |
|
What is your opinion of the news market in India?
Its not an easy business to be in. Let us not have any
illusion on that. Like others, I also go by Tam data, which indicates
that the news market is about six per cent of the total TV audience
market. Out of that, three to four per cent is made up of Hindi
news. On one side, the audience and the market that news channels
are targeting is very small, compared to the entertainment space,
for example. This also means that the news market can go nowhere,
but up with the cable penetration increasing in the country. The
positive aspect is that Hindi news corners the maximum share of
the news market and it is in this space that India TV is operating.
Keeping
these facts in mind, it would be safe to say that all news channels
in India start off with the same base, depending on happenings and
events out there in society and in the country and the world. So
within this limitation its a function of being different and
being able to get into a viewers repertoire of what he/she
typically watches.
|
| |
|
As the CEO of India TV, do you have an idea what does a typical
viewer of news channels typically watches?
There are viewership data available, but no diagnostic research
done in this field. So, I would not be able to tell you what is
typically watched. What I understand, however, is news content is
not driven by marketing decisions.
|
| |
|
Do you feel that a certain limitation in understanding the news
business, has goaded the TV news channels, especially Indian ones,
to mindlessly dub almost every event an exclusive and every happening
an a breaking news?
What little I have learnt and observed till now that in the
news business reaction time is very less. You see, or tend to see,
what the competition is doing and how things can be done differently.
I hope
to bring a fresh perspective to the business, a perspective of a
non-journalist. If something is irritating, itd be rejected.
Thats what I have learnt in the advertising industry, which
is a two-way response street. You do something and youll get
a response. Thats how things should be.
|
|
|
 |
'The
advertising pie, has not being growing as fast as the number
of news channels. My understanding is that news channels dont
sell themselves correctly'
|
|
| |
|
With India TV poised to make forays into the regional news market,
do you feel itd be a financially sound move?
As I said earlier, one has to first decide who the customer
is. After having done that, then one must go ahead designing the
product accordingly. There is a fairly large market of local advertisers,
but then one would have to identify the target audience before making
such forays.
On
the other hand, the regional market does offer certain prospects.
If at a marginal extra cost, one can open up market, then why not?
The Gujarati news market is big enough, I think and at a little
incremental cost that market could be targeted by India TV.
|
| |
Has
the total ad pie being keeping pace with the growth in the number
of news channels in India?
The answer is no. The advertising pie, as you are referring to,
has not being growing as fast as the number of news channels. My understanding
is that news channels dont sell themselves correctly.
Ill
reiterate, one should decide who the customer is. Theres no
point if I compete with, say, Star Plus in trying to attract the type
of advertisers or all of them, which get on to entertainment channels.
Itd be foolish for me to do so. As a news channel, I should
know my strength, and my target audience. This knowledge would help
me in selling my product better. |
| |
|
Do
you really feel that there is severe misunderstanding of the selling
aspect when some news channels are doing extremely doing well in
terms of ad revenue?
From years of being on the other side of the table I can say
that media sellers by and large dont know how media planners
plan or how buyers buy. Of course there are exceptions, there always
are, and they are the ones who are successful.
If
you are selling a news channel - in fact any so-called niche channel,
or what I prefer to call unique content channels - you must be clear
about the role of your channel in the media plan. Essentially, to
whom you are relevant and why.
In
my experience, media typically dont have an answer to that
question, much less the question of what is the competitive advantage
of their channel.
|
| |
|
What's
the time frame for India TV to be in the top three brackets from
where it is now?
I dont want to speculate on that. We are a serious player
in this business and the faster we get to the top, the better. We
would not be satisfied being a marginal player.
(Photos
by SANJAY SHARMA/Indiapix Network)
|
| |
| |
| Click
for Executive Dossier Archives |
|
|
|
|
|