News Broadcasting
News channels under lockdown burden
MUMBAI: The extension of nation-wide lockdown has affected the business of news broadcasters which are burdened with increased operating costs and less advertisement revenues.
The government has put the news channels under the essential services category. Going forward, the news channels will face the daunting task of sustaining operations with little or reduced ad revenue. The operating costs are the expenses for the maintenance and administration of business on a day-to-day basis.
Asianet News Network chief operating officer Abhinav Khare is of the view that the extension of lockdown may impact the news channels’ business adversely. “From 30-45 days earlier, the network now is running on exceptional 90-day working capital due to this unprecedented virus situation.”
“Revenue collection has become a massive issue for news channels and they are likely to face cash crunch issues sooner or later”, Khare says. “The advertisers are not able to pay news broadcasters immediately as their businesses are not operational due to the lockdown.”
The lockdown, in a way, has come as a blessing in disguise for the news channels as they have been able to cut down on the operating costs of news channels. “Reporters don’t have to go out for reporting like they used to do before; they do stories digitally. Guests are joining shows virtually. Transport costs have also come down as employees have been asked to work from home,” a source from a leading Hindi news channel says.
“Operating costs are currently manageable and measures to curb it will only be decided once this extended lockdown ends,” says Mathrubhumi News chief executive officer Mohan Nair. “With Kerala likely to be re-opened partially from Monday, there are chances that the situation may get back to normal.”
Nair believes that it would be too early to predict anything about the future course of action with respect to the network’s business. “This is indeed true that we are unable to get advertisers on board, but expect that operating costs would normalise with the situation returning to normal.”
Concerned about high operating costs amid the lockdown, News Broadcasters Association president Rajat Sharma has written to the central government either to reduce, remove or bring the goods and services tax in line with the print media industry. GST on advertising for the broadcasting industry is at 18 per cent and for print media it is at five per cent.
ABP News Network chief executive officer Avinash Pandey says: “In terms of COVID-19-related programming, we have taken numerous initiatives and introduced innovative line-ups on all our news channels. These specially curated shows have garnered tremendous viewership and we have roped in sponsors for our channels.”
Pandey, however, indicated that there won’t be any retrenchment or salary cut in order to reduce the operating costs. He believes that once the crisis is over, the network will be able to come back stronger with its strong content and programming line-up.
Brand and agency experts believe that despite high viewership, news channels are unable to attract maximum advertisers due to the substantial reduction in overall ad spend. They have been re-working their advertising strategy due to the COVID-19 situation.
News Broadcasting
GenNext takes charge as Network18 reshuffles leadership
With Avinash Kaul bowing out, Network18 hands reins to younger leaders, streamlines operations, and pushes data-driven growth across TV, digital and regional markets
MUMBAI: Network18 is redrawing its leadership map just as a long-time lieutenant bows out. Avinash Kaul, a central figure in the broadcaster’s rise since 2014, is leaving after 12 years to pursue “professional and personal goals”, triggering a broad-based reshuffle that puts a younger cohort directly under the top brass.
Kaul joined at a pivotal moment during the company’s transition and went on to scale the television business, combining strategic nous with data-led decision-making and a sharp read of the news landscape. “Avinash has been an integral part of the Network18 story,” the company said, thanking him for his leadership of the broadcast business and wishing him the best for the future.
In his wake, Network18 is betting on what it calls a “young and restless” leadership bench. “The team has taken charge and proved its mettle in quite adverse circumstances,” the note said, adding that “GenNext has seamlessly stepped in as we continue to outperform our peers.”
Operationally, the structure is being flattened. Smriti Mehra, S Shivakumar and Mitul Sangani will work directly with the top leadership, as they did in the fourth quarter. Ganesh Iyer and Abhinay Chauhan continue in their existing roles, while younger executives are being handed wider mandates across social, digital, connected TV and linear.
The reporting lines are being tightened to drive revenue and product momentum. Prabhat Chatterjee, business head–Forbes, and Arun Thapar, president–content and communication for AETN-18, will report to Smriti Mehra, alongside Mallika Nath Handa, who will lead special projects spanning new shows and non-linear properties. Jayesh Gokalgandhi, CFO for AETN-18, will report to Ramesh Damani.
Mitul Sangani will oversee expansion in Hindi and regional markets, with Sidharth Newatia, CRO–ILC, focusing on reach and revenue growth, particularly in tier-II and III markets. Pankaj Soni, head of marketing–ILC, will also report to Sangani while working functionally with Ganesh Iyer.
The group is also consolidating its branded content play. Moneycontrol’s branded content business will be folded into News18 Studio, with Don Zarrar moving to work with Shivakumar while continuing to lead existing studio and Focus teams.
International and platform growth are being bundled together. Pranav Bakshi takes on additional charge of the international business alongside connected TV and social platforms, with Naveen Mathur, who leads revenue management for the international unit, reporting to him. Bakshi continues to report to Puneet Singhvi.
On the technology and operations side, Rajesh Sharma, head of broadcast technology and IT; Rahul Singh, head of events and technical operations; and Bhupender Bhardwaj, head of IT security, will now report to Singhvi. Darshil Parekh, head of sales strategy, planning and operations, will work directly with Ramesh Damani and the top leadership, with Stanley Cyril, who manages digital sales operations, reporting to him.
Data is being pushed to the centre of decision-making. Jitamitra Mohanty, who leads research and analytics, will now work with Santosh Menon to turn audience data into “actionable insights that drive content strategy, product innovation and sustainable viewership growth”.
The message is clear: fewer layers, faster calls, sharper bets. With Kaul’s exit closing one chapter, Network18 is handing the wheel to a younger crew and doubling down on scale across screens. The race, it signals, will be run at full tilt.
