MAM
Comedy Central to push for revenue growth
MUMBAI: Comedy Central has roped in 30 advertisers after three months of launch and is looking at developing other revenue streams including on-ground events and licensing & merchandising.
The on-ground events will kick off from the second half of the year. “Comedy goes beyond standup act routines. The events will be a combination of small scale and larger properties. We are exploring ideas. The challenge lies in their execution and doing them in a way that makes economic sense,” says Viacom18 Media senior VP, GM English entertainment Ferzad Palia.
On the L&M front, Comedy Central will hope to capitalise from MTV and Nick, its two sister channels that have run longer in the Indian market. The channel will launch merchandise products for its show South Park in a couple of months.
Says Palia, “This will cover a range of products. Because of Comedy Central‘s TG (15-34 years), avenues for purchase may be different from what has been seen. Depending on how this works we could launch merchandise that pushes the Comedy Central brand.”
Comedy Central‘s first advertiser was Volkswagen. Now it has a roster of advertisers that include Jaguar, Nivea, Idea and Vodafone. “We are looking at doing innovations on TV and also outside it. This could take the shape of advertiser funded properties,” says Palia.
The focus in the first year will be to get the sales strategy right. “There have been times when we have refused business as we felt that we were not getting a fair rate. Advertisers are getting more receptive towards this genre,” avers Palia.
Content costs are a challenge with costs doubling in the last 18 months. “80 per cent of our content is acquired. 60 per cent of our content is old which is fine as comedy is evergreen. The balance 40 per cent is new content. We have managed to create a new genre,” says Palia.
Comedy Central is exploring the possibility of starting local productions. “The challenge though will be to find content that lives up to the international standards,” concludes Palia.
MAM
Ad veteran Amitabha Lahiri passes away; led MASH Advertising as CEO
Industry remembers seasoned leader who shaped brands across top agencies
NEW DELHI: Amitabha Lahiri, a seasoned name in India’s advertising industry and chief executive officer of MASH Advertising, has passed away, according to media reports.
Lahiri brought with him over three decades of experience across some of the country’s most prominent agencies, carving a reputation for building brands and businesses with equal ease. At MASH Advertising, a unit of Percept Ltd, he played a key role in shaping the agency’s direction and growth since its inception.
He joined the Percept group in 2007 as senior vice president at Hakuhodo Percept and was later elevated to chief operating officer. He eventually went on to lead MASH India as chief executive, steering the agency through its formative years and positioning it as a creative and strategic player in the market.
Before his stint with Percept, Lahiri held leadership roles across leading global networks. He served as vice president at Dentsu Marcom and JWT, and earlier as vice president and branch head at Everest Brand Solutions in Delhi. His career also included significant tenures at McCann Worldgroup, Lowe Lintas and Leo Burnett, where he honed his expertise in account management and brand strategy.
Colleagues and industry peers remember Lahiri as a steady hand in a fast-changing business, someone who combined creative instinct with sharp commercial understanding. His journey from early roles in Mumbai’s advertising scene to leading agencies in Delhi reflects the evolution of India’s ad industry itself.
His passing marks the loss of a veteran who helped shape campaigns, teams and agencies across decades. As the industry continues to evolve, Lahiri’s legacy will endure in the many brands he influenced and the professionals he mentored along the way.
