rotary club metro city "business of media- opportunities & challenges" saturday, 15th...
TRANSCRIPT
Rotary Club Metro City "BUSINESS OF MEDIA- Opportunities & Challenges"
Saturday, 15th Nov 2014 at Crystal Room, Calcutta Club
India : Media & Entert.(Rs./’000 Cr.)
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Type 2008 2012 2013* 2017*
TV 24.1 37.0 41.9 84.8
Radio 0.8 1.3 1.4 2.7
Print 17.2 22.4 24.1 34.0
Film 10.4 11.2 12.2 19.3
Digital Ad 0.6 2.2 2.8 8.7
Others 4.8 7.9 91.5 16.5
Total 58.0 82.1 91.7 16.6
Source: FICCI-KPMG Report - 2013
PRASAR BHARATI : Profile
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DD (TV) AIR(Radio)
Total
Stations 67 414 481
Transmitters 1416 589 2005
Satellite Channels 33 22 55
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Strengthened Democratic Discourse: At Grassroots Level: 814 Mn Voters
Open, Fearless, Critical: Even under Threats & Strain
Warded off Censorship & Won Few Exceptions: They are now History!
Forced Govt’s Attention on Issues
SUCCESS of Print Media-I
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From 1980s, Newspapers Went After Scams:
SUCCESS of Print Media II
‘87 : Bofors
‘92 : Harshad Mehta ‘96 : Telecom
‘96 : Fodder ‘96 : Hawala Diaries
‘01 : Ketan Parekh & Stocks ‘03 : Telgi Stamp Paper
‘09 : Satyam ‘09 : Hasan Ali et al....
‘81 : Antulay Trust
First 25 yrs: Parliament was the Watchdog
Feroze Gandhi, PAC, Sahujain, Mundhra, Telco
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SUCCESS of State TV
EPIC RUN
Ramayan & Mahabharat ‘Re-told’ on Sundays
Brings Entire Nation To A Halt
TV Reaches Every Corner, Covers All
DEBUT OF FAMILY DRAMA
2 Family Dramas Captivate Viewers
Themes Of ‘Partition’ & Middle-Class Aspirations
Certainly Not ‘Soap-operas’
GEC: Peoples’ Popular Entertainment :
Popular Entertainment: is ‘Bolly-Packed’
Standardization of Indian Bolly-Culture!
NEWS: Competitive Sensationalism :
Blood Thirsty: ‘Trial by Media’ &
Soaps & Serials Reality Shows
Competitions Songs & Films
Tehelka (2001) 2G Spectrum (2008)
Adarsh Housing (2010) CWG (2010)
‘Heads Must Roll’.
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SUCCESS of Private TV
Worrisome Trend !
1400 cases tracked in last 4 years
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* Election Commission of India estimate
Watchdog body ‘ineffective’
No strict laws in place : Leveson?
‘Biggest Threat to Fair Polls’
$10 million ‘Industry’ *
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Cross-Media Ownership
Editor in $18 Mn Blackmail Case
News Channels as ‘Leverage’ ?
Undue Influence In Politics & Business
Right or Wrong ?
Television ‘sting operations’
Who Decides ?
4th PILLAR IS ALSO BREAKING
Media MonopoliesMedia Monopolies
CorruptionCorruption
PoliticsPolitics
Witch-huntsWitch-hunts
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Corporate Control Driving Agenda ?
Rise of Social Media
Transparency Views Governance As
Democracy Maturing, At Crossroads
Public Disenchantment
Media: Crisis of Credibility
Huge Reach + Impact :
Feudal,
Aggregates
Cronyistic, Corrupt, Slothful
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Need Proper Regulatory Regime:
Where Does India Go From Here?
Green Shoots Visible : 1st Wins
SEBI, CIC, CAG, TRAI......
Public Frustration : Out in Open
Thriving Social Media Heat,
Demanding & Forcing :
(Lokpal) Slashing Corruption
Better Governance
Earning ‘Democracy’
Not Light