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A bleak future awaits print media?

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NEW DELHI: The print industry, which already had been dealing with a tumultuous time given the influx of digital, has found itself in deeper troubling waters with the ongoing COVID-19 scare. And if the industry insiders are to be believed, the medium will take another two quarters to get back on its feet even after the situation commences to normal. 

During a virtual roundtable hosted by Indiantelevision.com recently, Future Retail CMO-FBB Prachi Mohapatra stated: “I see a temporary disruption in print being a (media) investment. When I say temporary, I don’t mean a month or two. It is the case that the pie for print will shrink for eight to nine months.”

But she remained hopeful that once the whole economy picks up momentum, the medium will emerge stronger. However, other panellists felt that it might be a lost territory for print even in the coming future if it does not reinvent itself now. 

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Dentsu One India president Harjot Singh Narang explained, “You will have to look at it from the perspective of the role that print plays and will that role stay relevant. Print used to be, and for a lot of clients continue to be, a favourite of the trade more than a favourite of the consumers. You will see OOH and digital nibbling away that role at this stage and it is just one of the many roles its plays. The nimbleness required for the print to survive is going to be a problem from the marketing point of view.”

Timex Group India head marketing Ajay Dhyani noted that for the past few years, the print was playing a role to communicate with dealers or to make big announcements but digital is eating away that role. “Secondly, the newspaper space is so cluttered that there is no space for smaller brands,” he quipped. 

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Dhyani further noted, “Over the past few months, we are seeing a shift happening in the minds of our retailers and trade partners where social media and influencer marketing are playing an important role. If you take an influencer or celebrity on board and make them talk about your product, then reaching out to trade partners makes them feel more connected to the brand.” 

Duroflex Mattresses India VP-marketing Smita Murarka added, “I think over the period of last two to three years, brands that are consumer-first are understanding where the consumption is happening and they have already reduced the role of print. For us, the print was anyway not a big part of our marketing strategy, irrespective of COVID-19 and now it has reduced much more. I guess that the case would be the same for many other categories.” 

She added, “But there would be opportunities for print to reinvent and that’s for them to think whether they are really (just) a news medium or some source of knowledge or maybe a book. It’s really their survival instinct that should come into play now.”

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MAM

Lessons from global media markets on building enduring content franchises

Rose Audio Visuals COO and CFO Mitesh Patel.

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MUMBAI: The global media landscape has undergone a fundamental shift. Success today is no longer defined by a single hit show. It is defined by the ability to build intellectual property (IP) that travels, evolves, and compounds over time.

At Rose Audio Visuals, this shift is central to how we think about content pitching and creation. We are no longer in the business of just making shows. We are in the business of building IP ecosystems.

From Hits to Franchises

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Globally, the most successful content is designed to extend beyond its first outing. It travels across: Seasons, Platforms (TV → OTT → Digital), Formats (series → spin-offs) Shows like Stranger Things and Money Heist are not just successful series they are multi-layered franchises with global recall, fan engagement, and long-term monetisation. The key learning is simple: If content cannot scale beyond one season or one platform, it remains a project not a franchise.

Local Stories, Global Impact

One of the most powerful global trends is the rise of culturally rooted storytelling. Platforms today reward local authenticity combined with universal emotion. Stories that are deeply regional are no longer limited by geography they are amplified by it. Consider the global impact of Squid Game or India’s own Sacred Games. The takeaway is clear: The more authentic the story, the greater its potential to travel if the emotion resonates universally.

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Monetisation Begins After the First Window

A critical global learning is that the true value of content is not realised at launch, it is realised over time.

Strong franchises unlock multiple revenue streams: Licensing, International remakes, Brand integrations, Digital extensions , Events and immersive experiences

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Global players like The Walt Disney Company have mastered this approach, turning content into long-term ecosystems that extend far beyond the screen.

The first window is just the beginning. The real value lies in what follows.

At Rose Audio Visuals, we increasingly evaluate projects not just on commissioning value, but on their long-term franchise potential.

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The Rise of Creator-Led Franchises

An important global shift is the emergence of creator-led IP ecosystems.

Creators today are not just content producers they are building full-scale franchises across platforms, formats, and businesses.

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A powerful example is MrBeast. What started as YouTube videos has evolved into: Multiple content formats, Global audience scale , Brand extensions and businesses, High-impact experiential content This is a fundamentally different model digital-first, audience-owned, and infinitely scalable.

This model is still in its early stages in Indian but it represents a massive opportunity.

The next wave of Indian content franchises may not come from traditional studios alone but from creators who think like media companies.

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Balancing Data with Creative Instinct

Streaming platforms today are deeply data-driven. Data helps Identify emerging genres, Predict audience behaviour , Inform commissioning decisions However, global experience shows that data alone does not create hits. Data informs scale, but storytelling creates impact.

Talent is the Foundation of Franchises
Enduring franchises are rarely accidental they are built through long-term creative partnerships. Globally, there is a clear focus on nurturing Actors, Writter, Show runner and director. Franchises are not built on scripts alone they are built on creators. This is an area where we continue to invest deeply building long-term relationships with talent rather than project-based collaborations.

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Multi-Platform Thinking from Day One
Content consumption today is inherently multi-platform. A successful show must be designed not just for its primary platform, but for: Short-form extensions, Social media amplification, Digital-first engagement. Every show today needs a second life beyond its original format.

India: A Market at an Inflection Point

India today stands at a unique moment in its content journey.

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We are seeing significant opportunity in Regional markets (Telugu, Tamil, Marathi and others) Emerging formats such as micro-dramas, Scalable, franchise-driven fiction IP

India does not lack stories. What we have historically lacked is structured franchise thinking something that is now beginning to evolve.

The Way Forward

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The biggest lesson from global markets is this: The future belongs to companies that do not chase hits, but systematically build franchises. Because while hits may deliver immediate success, franchises create long-term value, recall, and compounding growth.

At Rose Audio Visuals, this belief shapes how we develop, greenlight, and scale content across platforms.

For content companies today, the question is no longer “Will this show work?” It is: “Can this become a franchise?”

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A Personal Note

Having worked across content, business, and strategy, one thing has become increasingly clear to me, the most valuable companies in our industry will not be those that create the most content, but those that create content that endures.

Building a franchise requires patience, conviction, and a long-term lens something that the industry is only now beginning to fully embrace.As we continue this journey at Rose Audio Visuals, our focus remains simple: to move from volume-driven creation to value-driven storytelling. Because in the end, stories may start conversations but franchises build legacies.

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