News Broadcasting
News channels – shifting gears, positions
And charging down the back straight is Star News, snapping at the heels of leader Aaj Tak but still not quite there yet. Early pacemaker NDTV India, meanwhile, seems to have run out of steam and has dropped two places down to fourth behind steady stallion Zee News…
It’s been a topsy-turvy nine months in the Hindi news space as TV channels tried different programming innovations to woo audiences and advertisers and gain market share. What has clearly been demonstrated is that improvements being shown by some news channels and the addition of fresh blood makes the news channel ratings race a roller-coaster one. Media observers term this period of upheaval as a time when the rules of the game are being cast and recast.
That this upheaval has been more for the positive is indicated by the fact that the news broadcast industry, which two or three years ago was worth just Rs 1 billion, has grown into a Rs 5 billion market with the potential of growing further. However, as a media analyst points out, a shakeout is bound to happen through consolidation. But till that happens, these “frequent ups and downs in the ratings charts will continue” to take place through the ways events are covered or, maybe, just on innovative presentation.
Revenues in this sector grew 13 per cent, which is about even with the growth rate of the Indian TV industry as a whole, according to the TAM Media Research. Is there room for further growth? It would appear so. A recent study conducted by Synovate, the market research arm of Aegis Group, indicates that a majority of Indians (78 per cent) trust a lot of the news stories they see or hear. It is that trust and appetite for news that the current players and the upcoming wannabes are banking on to sustain growth going forward.
Entering the last quarter of calendar 2005, it has clearly shaped up into a two-horse race for the numero uno position between long time leader Aaj Tak and the year’s biggest gainer by a mile Star News. A sea change from 2004 when it was NDTV India that was doing all the running to catch up with Aaj Tak.
According to TAM, the Hindi news segment witnessed a spike with respect to certain channels in viewership during the calamity that hit Mumbai on 26 July and in its aftermath. And if there is one single event that really gave the Mumbai-headquartered Star News its critical forward thrust, it was the manner in which it managed its coverage of the catastrophic Mumbai deluge. Conversely, NDTV India’s dip in channel share is also partly linked to its coverage of the Mumbai floods and serves to highlight that things are still in the evolution phase as far as channel rankings go.
Consulting firm KPMG’s associate director Anindya Roychowdhury offers what can be taken as both a cautionary note and one of hope to those who have seen a downswing in their fortunes in the recent past. Says Roychowdhury, “Although there has been a shift in (channel) positions, nonetheless it needs noting that news channels have sticky eyeballs, which is unlike entertainment channels.” Roychowdhury’s point is that because news channels extract more loyalty, if a channel manages to get its act together again, viewers that have been long hooked to its offerings earlier would like as not return (or if the rival channel loses some of its sheen on the content and presentation front).
Adding to what Roychowdhury said, another financial analyst states that the channel which has a grip on robust content will survive in the long run.
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.
