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It
will be recalled that in October 1997 the ad industry had
come together to form a Joint Industry Body (JIB) consisting
of ISA and AAAI who had after detailed evaluation signed an
agreement with AC Nielsen and IMRB jointly and thus was born
TAM.
The
absence of a formal structure for JIB led to it not being
in a position to strictly implement what it had set out to
do.
BARC
will try to provide accurate, up-to-date and relevant research
relating to television and other audio/video media, including
but not restricted to TV ratings, for TV programming and spot
ratings without fear or favour in a completely transparent
and objective manner and at a reasonable cost to users.
The
board of directors will also appoint a technical committee
which will be chaired by Vikram Sakhuja. Pradeep Guha representing
the IBF will be the first chairman of BARC. The chairmans
term will be two years.
The
founding directors of BARC representing the three associations
will be - Indian Society of Advertisers (ISA) - Bharat Patel,
Nitin Paranjape, Kurush Grant, J C Chopra; The Indian Broadcasting
Foundation (IBF) - Chintamani Rao, Paritosh Joshi, Pradeep
Guha, Rohit Gupta; Advertising Agencies Association Of India
(AAAI) - Madhukar Kamath, Sam Balsara, Shashi Sinha, Lynn
de Souza.
The
council will be a not-for-profit body registered as a section
25 company with a nominal share capital contributed equally
by Indian Society of Advertisers (ISA), Indian Broadcasting
Foundation (IBF) and Advertising Agencies Association of India
(AAAI).
The
company will have only 3 members which are the leading advertising
sector associations representing the 3 interest groups - advertisers,
media owners and advertising agencies.
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