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| Indiantelevision.com's
interview with India TV chairman Rajat Sharma |
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'The
attempt and game plan is to have anchor-led shows and an anchor-driven
channel'
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| Posted
on 15 February 2005 |
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He
has seen the downside of life. Portrayed himself in a Hindi potboiler
film after becoming a successful media personality. At one time,
he had even announced a proposal to pen a biography of former Prime
Minister Atal B. Vajpayee. But today, Rajat Sharma doesn't have
time to think of those things; he's too busy putting in place, along
with his team, the plans to take India TV, a Hindi language news
channel, forward.
Six
months after the launch of India TV, Sharma discusses the ups and
downs of running and managing a news channel in a conversation with
Indiantelevision.com's
Anjan Mitra.
The Sunday tete-a-tete was peppered with some frank admission on
carriage fee, how market leaders had messed up the cable distribution
market and why India TV chooses to be different.
Excerpts:
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It has been over six months that India TV went on air. How would
you assess this time?
It's
over seven months to be frank. But these months have been exciting
and part of a learning curve where not only I, but my team also
has learnt a lot of things about the business of broadcasting. When
you run your own venture, the logistics look different. Even a seemingly
small expense would need to be scrutinized and has to be justified.
Still, the joy of producing a decent product, if not a brilliant
one, is there. It would also be our continuous endeavour to better
ourselves and actually serve the needs of the people and not only
our ours. I have said it in the past that this is like a mission
to me and I'll reiterate it again today.
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During
the time that India TV has been on air, it has faced resistance
from the cable operators and distributors, unlike some other news
channels, which hampered its visibility. What's your take on this
issue now?
If you are talking about distribution, then it's true that there
were initial problems. And, that problem, we quickly realised, could
have a lasting impact on our growth prospect. Distribution became
a problem that we had not envisaged. Especially when more than (investments
in) content, other issues dictate the rules of the game. We have
managed to address the problem to a large extent and we are also
happy that whatever initiative we undertook in this regard has been
bearing fruit. We are on prime band in almost all major networks
in the country and our reach too has phenomenally increased over
the last few months.
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Did India TV actually give in to the demands of the cable industry
and pay a fee to cable ops for carrying and positioning the channel
favourable?
We
had no option, but to pay carriage fee. At a time when the market
leaders (in the news segment space) have been paying carriage fees,
the cable ops don't shy away from asking the same from all of us
too. We initially thought good content would drive demand for the
channel, but it was not happening. We too paid carriage fee, which
are in the form of annual contracts I am told.
Subsequent
to this game plan, our visibility has definitely increased, which
is indicative from the type and number of responses that we are
getting for our programmes. It's not a healthy practise, but in
this cut-throat world we have to play the game according to the
rules already set. But, I think somebody --- either the government
or the regulator --- should look into this aspect seriously.
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Now that partly the distribution problem has been solved, what's
the strategy forward?
We
have introduced a change in programming line up in the evenings,
which is basically aimed at providing viewers with fare that they
would like to see at a time when other channels are not showing
them. Take, for example, a late evening slot of 11 pm. Around this
time, most news channels have crime shows going on, on India TV
we have Speed News. This is aimed at corporate executives and people
of the upper class who have come in late home and want to watch
news and not some current affairs show. The speed news segment gives
the news without any frills and packing in as much as possible.
Fast and zippy when there's no time to blink
Similarly,
at 22 hours India Live with Sudhir Chaudhary looks at the big news
of the day, analyzing them with the sector-specific editor and correspondents
across the country. For example, if the Sensex has touched dizzy
heights, then after the Mumbai correspondent has filled in with
his day's reports detailing the nittie-gritties, the business editor
discusses with the anchor the issue and its various aspects. If
it's a sports item, then the sports editor of India TV comes in
with his expert views. At 21.30, when other news channels are getting
onto their band of prime time bulletins, we have Showtime India,
India TV's party go-around show.
This
half-hourly programming line up has really helped us gain viewership
from various segments.
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It
seems the attempt is to play up anchor driven shows on India TV.
Is this a conscious decision?
If people are noticing that there are known faces on India TV
hosting shows, then it's a good sign. The attempt and game plan
is to have anchor-led shows and an anchor-driven channel. Worldwide,
the trend is that news channels are anchor driven. A majority of
people come on to CNBC, for example, to see a Jay Leno. It's only
in India that the trend is to be news driven and most channels,
except NDTV 24x7, don't believe in propping up their anchors, hosts
or known faces.
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'At
a time when the market leaders have been paying carriage fees,
the cable ops don't shy away from asking the same from all
of us too'
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Do you feel that news channel managers are afraid of investing in
people who will become too big for their boots?
Only
a secure person can nurture and try build sub-brands. I can bet
that the name and fame that some of the anchors of NDTV 24x7 have
today, would not have been possible if Prannoy Roy had not been
benevolent and secure enough to nurture them.
At
India TV, it is a conscious decision to build sub-brands, apart
from the likes of Sudhir, Maneka Gandhi (host of an environment
based show), Suhaib Ilyasi and Rajat Sharma. We want to be anchor-driven,
rather than news driven. That's why our shows too have been designed
in a way to suit this plan.
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How does India TV go about nurturing and building talents?
From the time a youngster joins us, he/she is made to go through
a routine to spot the talent. Then there are stylists, speech and
diction trainers and senior media professionals who put the youngsters
through their paces. Ritu (Rajat's wife and business partner) and
I too some time chip in with advise. After this, the effort is to
give youngsters full chance to blossom. I am quite proud in saying
that we have a bunch of youngsters who can be stars of tomorrow. People
like Faraz Shere, host of Kal Ka India on Sundays, Speed News co-anchor
Ranjini and even the Box Office India host are young people who have
the verve and zest to make it successful and they will be. |
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What about your earlier stated plans to take India TV to foreign
shores?
Negotiations are underway at the moment for the US market. We
are also available in the Middle East where the feedback shows us
we are not doing very badly.
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A sizeable viewership for India TV comes from Muslim-dominated areas
in India and that's because of the popularity of Al Jazeera. Would
there be any change in the relationship if the owners of the Arabic
channel sell off their shareholding?
I don't think so anything of that sort would happen and even
if there is some change in the ownership pattern, our relationship
is that of content exchange. That can certainly continue. But Al
Jazeera certainly has perked up our viewership in smaller Muslim-dominated
towns.
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What about going pay?
Not at least for two years.
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Is the company looking at raising more money from the market through
an initial public offer?
In principle the decision has been taken that we would tap the
capital market. In principle, yes an IPO is in the offing. But if
you ask me for a time frame, I'd be unable to say. These are things
that have been left to our financial advisors.
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Does the company need money for expansion?
Actually, we don't need funds at the moment. We had envisaged
a total expenditure of Rs. 100 crore and raised Rs. 700 million
initially. We are comfortable as advertising has started generating
some revenue.
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