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/2017/10/20/natgeo-dd.jpg?itok=8e3wWIqm
Discovery-like Doordarshan channel recommended to environment ministry

MUMBAI: Doordarshan’s experiments with specialised channels aimed at various sectors did not see the outcome on expected lines. It may, however, come up with a 24×7 channel dedicated to an issue. The third National Wildlife Action Plan (NWAP), effective till 2031, has recommended setting up 'DD...

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/19/Sunita_Uchil_0.jpg?itok=xmMsZu2i
Zee Content Hub originals slate for DISCOP SA: First Indian-African drama, lifestyle and factual programmes offered

MUMBAI: Global Content Hub by Zee – the syndication division of Zee Entertainment Enterprises Limited (ZEEL) -- announced its new, original programmes for licensing at the upcoming DISCOP market, in Johannesburg on 25-27 October. Highlights of this year’s portfolio include the new Indian/African...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/kids.jpg?itok=NRJKgGmR
Kids channels ensure strong lineup for Diwali season

Kids channels will hope to grab more eyeballs during Diwali, which also happens to be vacation time for most schools.

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/leela.jpg?itok=A8io70Ro
Sony Yay! associates with 'Animals Matter To Me' to make this Diwali ‘Pawesome’

Animals play an integral role in our lives, always showering us with love no matter what. However, in return we humans rarely reciprocate their love.

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/purie.jpg?itok=FVJ9-hkm
India Today's Purie says new vice chairperson Kalli has ability to straddle edit and biz functions

India Today Group, which runs news channels -- India Today and Aaj Tak, on Tuesday, named Kalli Purie as the vice chairperson.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/zarbi.jpg?itok=nnbWTo_-
How to build wealth, invest safely: BTVI Conclave telecast tonight

BTVI, an English business news channel, hosted an on-ground version of their successful investment knowledge show Call BTVI. The on-ground ‘Call BTVI Conclave 2017’ saw eminent personalities coming together to articulate their views on the Indian financial market. Tune into BTVI to catch the Call...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/aparna.jpg?itok=z2yDrydV
Sony Pictures Television signs first output feature film pay TV deal with ZEEL

Zee Entertainment Enterprises and Sony Pictures Television (SPT) have announced that the duo has entered into the first pay features deal.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/chef.jpg?itok=F2eQz2Ax
Living Foodz biz head Nair: 'Utsav - Thalis of India' celebrates regional cuisine

Get into the festive spirit and celebrate Indian food, it’s history, culture and diverse flavours this October with Chef Kunal Kapur on ‘Utsav: Thalis of India’. The show will take viewers on a journey across 18 cities and offer a peek into India’s rich culinary heritage.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/taj-mahal.jpg?itok=LHQdFz_h
Taj Mahal, Eiffel etc: ‘Monumental Challenge’ on Sony BBC Earth starts on 23 Oct

Towering over cities and landscapes, six unofficial national symbols get a makeover. Watch as Big Ben, Sydney Harbour Bridge, the Eiffel Tower, the Santiago de Compostela, the Bund and the Taj Mahal are restored to their full splendour in this series, Monumental Challenge on Sony BBC Earth starting...

Television TV Channels Factual & Documentary

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories