MAM
India among top 10 contributors to ad spend growth: Zenith Ad-Ex Forecast
MUMBAI: Publicis Media Company Zenith has just released its new Advertising Expenditure Forecasts in which it predicts that global ad expenditure will grow 4.4 per cent in both 2016 and 2017, reaching USD 566 billion by the end of 2017. Zenith predicts that ad expenditure growth for India in 2017 stands at Rs. 54,344 crore (Rs 543.4 billion or USD 8 billion), up by 11.2 per cent over 2016.
Digital remains one of the fastest growing mediums in India registering a 30 per cent growth rate. Television will register an 11 per cent growth rate in 2017, print (newspapers) will grow at 7.6 per cent and all other media between 7-12 per cent.
Zenith India group CEO Tanmay Mohanty added, “India remains one of the few bright spot economies in the world. Ad spending in India is on a steady growth curve and likely to stay that way in 2017, buoyed by the State Elections in Uttar Pradesh and Punjab, the upcoming Champions Trophy and continued expansion and growth of regional newspapers and television. In November, the central government introduced reform in the form of Demonetisation which is leading to some contraction in ad spends. We expect the demand for goods and services to pick up and this shortfall to be temporary. Demonetisation is expected to augur well for the economy long-term. In fact, we expect 2017 to see increased ad spending by categories such as Mobile Wallets, Telecom 4G, BFSI, Mobile Handsets, Fast Moving Consumer Goods and Consumer Durables.”
India is among the top ten contributors to ad spend growth, along with others such as USA, China, Indonesia, UK, Philippines, Japan, Germany.
However the global figures for 2017 forecast is down by 0.1 percentage point from the forecasts published in September after small downgrades in Asia Pacific, which nevertheless remains one of the fastest growing regions for ad expenditure.
This is a strong performance, given that the unexpected results of the UK’s referendum on EU membership and the US presidential election have increased political uncertainty and raised the risks of restrictions to international trade. 2017 also faces a tough comparison with the quadrennial year of 2016, when spend was buoyed by the US elections, the Summer Olympics, and the European football championships, as it is every four years.
After 2017 continued steady growth in global ad spend is expected, of another 4.4% growth in 2018 and 4.1 per cent in 2019. Global ad spend growth has been remarkably stable since 2010, growing at between four and five per cent a year, generally at or below the growth rate of global GDP. Before the financial crisis, advertising would typically exaggerate the wider economy, growing faster in times of expansion and shrinking faster during recessions, with frequent changes in year-on-year growth rates. More recently the global ad market appears to have entered a phase of more stable growth.
Over all, television remains the dominant advertising medium, attracting 36 per cent of total global spends in 2016. The internet is expected to overtake television to become the largest medium in 2017.
MAM
Talking heads: TV9’s chief takes the host’s chair with style — but could do with a laugh
Barun Das has swapped the boardroom for the studio and is pulling off a polished interview show — mostly
MUMBAI: There is something quietly audacious about a media chief who decides that running a television empire is not quite enough and plants himself in front of the camera for a good chinwag with the great and the good. Barun Das, chief executive of TV9 Network, has done precisely that, and for the most part, he carries it off with considerable aplomb.
Duologue with Barun Das, now in its fourth season on JioHotstar, is exactly what it says on the tin: two people, two chairs, no frills. In the earlier seasons, Das has sat across from a rather stellar roster, Sri Sri Ravi Shankar, Aparna Sen, Viswanathan Anand, Kiran Rao, among many other renowned names. And in the fourth instalment he has had guests of the likes of Aamir Khan, Sourav Ganguly, Bianca Balti (Italian super model and cancer survivor), Lothar Matthäus (German football World Cup-winning captain). Throughout, he has coaxed from them nuggets that their publicists would probably rather keep under wraps. Cricket, relationships, spirituality, acting, health, behind-the-scenes machinations that plague politics, intellect, nepotism, nothing is entirely off the table.
Das’s greatest asset is his manner. Unhurried, well-dressed and disarmingly calm, he has the rare gift of making his guests feel so thoroughly at ease that they occasionally forget they are being filmed for television. The questions arrive softly, like a spinner tossing up a googly rather than a fast bowler hurling bouncers, and more often than not, they draw out a telling answer. He has no cue cards or teleprompter to help him along, which is probably a rarity for a host. Some credit must go to the research team operating quietly in the wings, who evidently do their homework so that Das does not have to fumble for his.
Where Duologue stumbles, however, is in its almost determined refusal to lighten up. Each 45-minute episode carries the solemn weight of a budget speech. A dash of wit, a moment of mischief, the odd belly laugh, none of it makes an appearance. Serious conversation has its place, but even the most earnest of interviewers, think David Frost at his best, knew when to let the air out of the room.
Das has built something worth watching. He simply needs to remind himself, and his guests, that a smile never hurt anyone.
Rating: 4.25 out of 5.
Available on JioHotstar.
