News Broadcasting
NDTV’s dual-role strategy to double the ‘Profit’
MUMBAI: Since last few years, the eight-year old business channel from the NDTV group, NDTV Profit grappled to make decent business. While the noise about it going under a revamp started mid-last year, it has come to shape now. From March 17, the biz channel will adopt a dual role – that of NDTV Profit during the market hours and NDTV Prime airing infotainment and lifestyle programmes post 5 pm. The logo will also change accordingly.
NDTV Group CEO Vikram Chandra while professing the loss that the group was incurring because of the channel, remarks, “For several years, the bulk of our losses were coming from Profit. In the last few months, Hindi channel has picked up well but the question was whether to sell, shut or restructure the business channel. We didn’t want either of the first two options. So we have innovated and adopted a cost rationalisation method, to be followed by the dual channel strategy.”
Now, everything seems to be falling in place for the channel as it has already managed 80 per cent sponsors for the year, while discussions to get more are on. According to sources some of the sponsors associated with the channel are Micromax, Chroma and MRF Tyres.
“It is not a secret that we don’t believe in television audience measurement (TAM) anymore. We have adopted a sponsorship approach across the network with an idea to get sponsors interested in the programmes before they even go on air,” says Chandra.
The time slots for different programmes have been decided. Education shows would be aired between 6:30 to 7 pm; 7 to 8 pm is for real estate and property; tech and auto programmes will be telecast from 8 to 9 pm; while 9 to 11 pm has been kept for entertainment shows, the details of wish Chandra doesn’t wish to disclose at the time being.
The shows have been produced in-house as well as outsourced. Weekends will have repeat telecast of weekday shows for the first few months. Not sounding too boastful, Chandra remarks, “We are looking to double the ad revenue once Prime begins because this is going to be an exciting channel.”
The annual loss of the channel has come down from Rs 40 crore to Rs 19 crore. “The benefits of cost rationalisation in NDTV Profit will be seen now. Two-three years ago we were losing about Rs 3 crore a month which has now come down to about Rs 1.5 crore a month even with the Prime incubation costs. Once NDTV Prime goes on air, we are confident that every band on the channel will be individually profitable,” he optimistically remarks.
As India enters its last phases of digitisation, Profit/Prime sees itself benefitting. “With digitization, appointment viewing has gone up. Before this, viewers would flip through several channels but now they like to remember fixed times. We will now have fixed bands for tech and auto in which we are market leaders, together with bands for entertainment and property,” adds Chandra.
Another cost-cutting measure taken by the channel has been by shifting its main office from Mumbai to Delhi where besides sharing space, equipments could be shared with others too.
With little over a month left for the revamp, announcement will begin this week. Only time will tell how the arrangement works!
News Broadcasting
Senior media executive Madhu Soman exits Zee Media
Former Reuters and Bloomberg leader says he leaves with “no regrets” after brief stint at WION and Zee Business
NOIDA: Madhu Soman, a veteran of global newsrooms and media sales floors, has stepped away from Zee Media Corporation after a short stint steering business strategy for WION and Zee Business.
In a reflective LinkedIn note marking his departure, Soman said his time within the network’s corridors was always likely to be brief. “Some chapters close faster than expected,” he wrote, signalling the end of a nearly two-year spell in which he oversaw both editorial partnerships and commercial strategy.
Soman joined Zee Media in 2022 after more than a decade abroad with Reuters and Bloomberg, returning to India to take on the role of chief business officer for WION and Zee Business. His mandate was ambitious: bridge the newsroom and the revenue desk while expanding digital and broadcast reach.
During the stint, Zee Business reached break-even for the first time since its launch in 2005, while WION refreshed programming and strengthened its digital footprint across platforms such as YouTube and Facebook.
But Soman suggested the cultural fit proved uneasy. Describing himself as a “cultural misfit”, he hinted at deeper tensions between editorial instincts shaped in global newsrooms and the realities of India’s television news ecosystem.
Before joining Zee, Soman spent more than seven years at Bloomberg in Hong Kong as head of broadcast sales for Asia-Pacific, expanding the company’s news syndication business across several markets. Earlier, he held senior editorial roles at Reuters, overseeing online strategy in India and managing Reuters Video Services from London.
His career began in television and wire reporting, including a stint with ANI during the 1999 Kargil conflict, before moving into digital publishing as India’s internet media landscape took shape.
Now, after nearly three decades in broadcast and digital media, Soman is leaving Delhi NCR and returning to his hometown, Trivandrum.
Exhausted, he admits. But unbowed. And with one quiet line that sums up the journey: he didn’t sell his soul — because some things, after all, are not for sale.
