Television

Goldmines Telefilms' Manish Shah denies hanky-panky deals with Sony India

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/01/23/so.jpg?itok=IalZvAL1

MUMBAI: It seemed to be a day no different than any other for Goldmines Telefilms director Manish Shah as he got ready to go to his office in a rather non-descript building in the suburb of Goregaon west in Mumbai. At around 9 am, the film syndication specialist got a call from someone he knew that he had been mentioned in a newspaper report about alleged business malpractices at Sony India's MSM network. It intrigued him but not enough to pull him away from his daily schedule of placing calls to clients and to broadcasters about the films he had acquired and wanted to pitch to them.

Then he got a call from us at Indiantelevision.com requesting to meet him. He agreed but wanted an hour and a half to himself before speaking to us. He ordered a few copies of the newspaper and spent time reading the Bloomberg report over and over again until we arrived. The Bloomberg report stated that Sony Corp was investigating possible irregularities in business dealings following an anonymous email to Sony Pictures Television world wide networks president Andy Kaplan. The letter, which reached Kaplan on 6 October, stated that “the head of MSM’s motion-pictures unit was colluding with an agent to raise the cost of movies that Sony bought to air on TV by as much as 35 per cent in return for kickbacks.”

And that agent was Manish Shah, who was once a television producer of both Gujarati and Marathi shows for channels such as Alpha Marathi (part of the Zee group), ETV Gujarati and Hungama before finding his mettle in buying and selling film rights to broadcasters and building a business in excess of Rs 100 crore. He hit jackpot with the regional films he acquired and dubbed them in Hindi, paying attention to creative detail.

Shah welcomed us in offered us a cup of coffee and then began speaking his mind, pooh-poohing the allegations made against him. Said he, “The allegations are absolute crap. There is no question about us being favoured or dealing in kickbacks. Rajani was an extremely tough negotiator; in fact she would hammer down my prices when I started doing business with Sony in 2004. So what are they talking about me being offered inflated prices in exchange for kickbacks? I meet Sneha only rarely; there was a time when I met her more often. But I meet the folks at Star India more for the film titles I own.”

Shah pointed out that Sony Entertainment – though a good client – is not amongst his biggest. “Last year Sony bought Rs 10 crore worth movies from me, UTV bought Rs 14 crore movies, while Star bought Rs 16 crore of movies. So what are you talking about? Last year Sony bought just three movies from me.”

He added, “I don’t know where this has all come from. Sony is investigating the matter, let them do that. I can only say that if any broadcaster has to look at the return on investment, my movies give the maximum ROI. Whether it is for Star, or UTV or Sony.”

Shah furnished tables and charts, which showed that close to 50 per cent of the FPC on Max was occupied by Goldmines syndicated films for about five days each week. “But it is these movies that are working for the channel and the network, giving them a good return on their investment. I know what works and the regional language films, which have a lot of action, humour and entertainment work. And I have given a substantial number of films to Sony, but my prices have been hammered by the acquisition people,” he said.

For Shah it is a clear business model. “I buy the movie, which gets the rating or is successful and then offer it to broadcasters for satellite rights whether it is Zee, Star, Colors or Sony. Whoever gives me the best deal, I offer the movie to them,” he proffered.

His company has been working with Sony and Zee since 2004, with Doordarshan since 2005 and with Star since 2006. “Once I have the rights, I am the owner of the movie and so I decide who will get it based on price,” he said. “But this process does not involve kickbacks at all so how can I get kickbacks? Broadcasters today are smart and they know which movie will work for them and they want it at the best price. I totally deny any of allegations that have been made against me.”

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/BARC_1%20%281%29.jpg?itok=4rZPuncb
Star Plus & Sony Pal continue to dominate GEC market

In week 11 of Broadcast Audience Research Council (BARC) India data, Star Plus continued to led both the market Urban and (U+R). Sony Pal maintained its leadership position.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/25/SWAMI.jpg?itok=RVOfsNYz
Depute law officer to probe NDTV tax case, Swamy urges FM

Rajya Sabha MP Subramanian Swamy has recommended through his Twitter handle that the finance ministry should field a Law Officer with the integrity to challenge NDTV's income tax case of Rs.525 cr failing which it would have to face protest by him (Swamy.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/Shots-Fired%20%281%29_0.jpg?itok=Mdip66Cr
'Shots Fired' starring Hunt to debut on Star World Premiere HD

Star World Premiere HD turns up the drama this month with the gripping limited TV series ‘ Shots Fired’ that will exclusively air on the channel every Saturday, 10pm starting 25 March.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/master%20%281%29.jpg?itok=G0-nG5vY
Barbie reaffirms ‘You can be anything’ with MasterChef on Star World

Barbie’s message of You Can Be Anything is going to spread far and wide, reaching out to moms and kids, with Barbie’s latest association as the presenting sponsor for popular TV series – MasterChef U.S. Junior season 5 that will air every Sunday at 9pm on Star World and Star World HD.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/ndtv%20%281%29.jpg?itok=_sClALIX
NDTV back with 'Get The Look' with Ambika Anand

One of India’s premier lifestyle channel, NDTV Good Times, is back with its fashion makeover series ‘Get The Look’ with Ambika Anand. The longest running fashion makeover show on Indian television is donning a whole new avatar this season, as it celebrates Cutting Edge Indian Style by exploring...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/roy%20%281%29.jpg?itok=__3FJj_i
NDTV India ban reversal: Centre wants apology, counsel seeks time from SC

The Central Government on Friday told the Supreme Court that the one-day blackout order against New Delhi Television Ltd (NDTV) India will be reversed only when the channel offers an apology for its coverage of the Pathankot militant attack on 2 January last year.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/raghav-bahl%20%281%29.jpg?itok=5kSEgS_c
Raghav Bahl favours 'reverse mentoring' in media, awaits licence to start channel

Senior media professional Raghav Bahl believes senior editors need to encourage the thoughts of young journalists as "their perspective towards news is different and connected to the new-age digital readers."

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/Sidhu%20and%20Prasana%20Krishnan.jpg?itok=Fa3HzH4E
IPL: Sony will have Telugu, Tamil & Bengali feeds, non-committal on Sidhu

MUMBAI: Sony Pictures Networks India is planning to inject adrenaline into the 10th season of the annual cricket fever beginning 5 April. Having over 361 million viewers glued to the screens during the last season, Sony network will continue to have Telugu feed for this year’s edition as well. The...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/24/greenhouse-key_0.jpg?itok=_tVCfSqC
Keshet & Ananey bring teen & kids series to India

NEW DELHI: Global production and distribution powerhouse Keshet International (KI) and Ananey Communications Group have partnered to bring teens', tweens’ and kids’ series to the global market in KI’s first foray into the genre.

Television TV Channels Kids

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories