iWorld
Why new age-media is the focal point for content publishers?
Mumbai: Let’s start with some simple math: Newspapers used to have an average engagement of one hour in the 1990s. This has fallen to two to three minutes today, which is 1/20th or 1/30th of what it used to be. Even if we imagine ad density has remained the same (it has actually increased as papers have become thinner), then ad CPMs for newspapers today are 20-30 times of what they used to be.
TV and radio stats tell a similar story. Additionally, due to the non-targeted nature of newspaper, TV and radio ad outcomes are poor. That is why advertisers have been shifting dollars to the new age/digital. Obviously, as ad revenue largely drives the media industry, there is a large amount of focus and interest in digital. For that part of traditional media that is trying to shift away from its reliance on advertising, the path forward is still through digital subscription revenues.
The important question is not why new age media needs to be a focal point for content publishers, but how to execute it successfully. Let’s take a brief look at how the content publishing landscape has evolved.
Newspapers have existed since the 17th century, radio since the early 20th century, and TV since the mid-20th century. With the introductions of each of these forms of media, the richness of media evolved, from text to audio to video. But the fundamental delivery of media did not change – it remained one too many.
Early internet and digital media mimicked non-digital media in this aspect – websites continued to be static, one to many deliveries of content to all audiences. Editorial teams within traditional media companies doing digital still manage static line-ups on pages delivered to their audiences manually. They try to cram as much information as they can on their home page because of the low hit rate on what they provide vis-a-vis their audiences and interests. This constrains the usability of digital websites run by traditional media organisations.
Additionally, traditional media companies tend to be insular, and do not create a conducive work environment for critical skillsets for building great digital consumer products – engineers, designers, product managers, and social/digital marketers. This causes traditional media-created end consumer websites and apps to be several steps behind other digital consumer products.
This has continued to remain true even as the rest of the internet itself has evolved across phases of consumption – from desktops using static bulletin boards and directory services; to a combination of desktops and laptops in search-driven interfaces; and finally to what we see today – mobile consumption driven by discovery and personalisation. As a result of this evolution, audiences today expect their content to be provided to them in a personalised, easy to consume fashion and delivered via a functionally and emotionally satisfying product.
This difference in what traditional media organisations provide vs consumer expectation is why there is a massive gap in the user engagement (as measured by the number of visits and on the length of sessions within those visits) on traditional media- run digital websites vs other digital content providers such as social media. Traditional media companies urgently need to transform in order to bridge this gap.
As a media CEO, I’m not going to sugarcoat how tough the journey is that lies ahead. This journey is hard, both in its initiation and in its sustenance. I have seen this personally in leading the transformation at one of India’s largest media brands as its digital CEO and the group and chief digital officer. In my role as CEO, I had to build a strong, growing, profitable digital business to form the future core of the company. In my role as the CDO, I had to help the rest of the group transform and become digital-first. This portfolio included India’s largest network of radio stations, some of the biggest and well-known newspapers in the country, and a sprawling education portfolio.
We overcame resistance to change and other challenges to build one of only two profitable digital media businesses in the country. We put the larger group on a solid transformational path, divesting from non-core areas with a poor organisational fit and investing into areas of growth, particularly in digital. A lot of talent entered the company in areas such as technology, digital content leadership, product and user experience design. This team ended up creating one of the world’s fastest-growing traditional media websites.
Today, the digital business is the media house’s crown jewel. But much of the talent that needed to spearhead its growth has scattered and overall transformation has stalled. The journey was well begun but has been hard to sustain.
(Rajiv Bansal is the founder and CEO of OPOYI.com. The views expressed in the column are personal and Indiantelevision.com may not subscribe to them)
iWorld
Amazon MX Player launches free micro-drama destination Fatafat
New platform offers serialized short-form stories with Munawar Faruqui campaign.
MUMBAI: Amazon MX Player just made micro-dramas free because the only thing shorter than the episodes is now the price tag (zero). Amazon MX Player has launched Fatafat, India’s first completely free premium micro-drama destination, giving mobile-first audiences access to fast-paced, serialized short-form stories without any paywall. Designed for quick viewing bursts, Fatafat features a growing catalogue of romance, drama, thriller and youth-led narratives in bite-sized episodes that are instantly bingeable. Unlike most micro-drama platforms that charge for access, Fatafat removes the barrier entirely, expanding the format’s reach across India.
The launch is supported by a humorous digital campaign fronted by comedian-actor Munawar Faruqui. The spots playfully highlight how small spends on paid micro-drama apps could be better used elsewhere, positioning Fatafat as the smarter, no-cost choice for engaging entertainment.
Amazon MX Player head Karan Bedi said, “Our vision has always been to make premium entertainment accessible to everyone, free of cost. With Fatafat, we are extending that promise to the rapidly growing micro-drama category quick, engaging and mobile-first while remaining completely free for viewers across India.”
Amazon MX Player head of content Amogh Dusad added, “Micro-dramas open up exciting creative possibilities for storytelling. With Fatafat, we are building a diverse slate of serialized stories across genres while keeping the experience fast, engaging and accessible to viewers everywhere.”
Munawar Faruqui said, “Today’s entertainment landscape is defined by content that is fast, engaging, and instantly accessible. Shooting for the campaign was a thoroughly enjoyable experience, especially as the scenarios felt incredibly authentic and relatable.”
Fatafat will continue to expand its library with several new titles in the coming months. The destination is available to stream for free on the Amazon MX Player mobile app.
In a country where attention spans are shrinking faster than episode lengths, Amazon MX Player isn’t just joining the micro-drama party,it’s throwing the doors wide open and telling everyone the snacks (and stories) are on the house.
