Posts

Showing posts with the label Media Economics

No Love Lost?

Image
This is for my students who are learning to analyse and write film reviews. I came across an article in The Times of India online edition about box office collection of two films released on Independence Day - 'Satyamev Jayate and 'Gold'. I have copied a paragraph here for reference: John Abraham's film clashed at the box office with Akshay Kumar's 'Gold' but there is no love lost here . Speaking about the clash in a previous interview, John told PTI, "Akshay is an actor in 'Gold', and I am an actor in 'Satyamev Jayate'. It's a producer's decision on both sides. So I have no say in that at all. As far as competing with Akshay is concerned, I want to make it clear that he is my senior in the industry." Pay attention to 'but there is no love lost here'. I was surprised by the use of the idiom, because I haven't come across any article that show any animosity between John Abraham and Akshay Kumar, and no

From Consumers to Producers - The Indian Story - Part 5 - Social Media

Social Media When Facebook was launched in 2004, I had started teaching in the Department Communication and Journalism, at the University of Mumbai. I remember my first lecture. I was afraid that I would embarrass myself. I had never faced a bunch of 20 youngsters together in my life. But I suppose the lecture went off well, because the then Head of the Department, Dr. Sanjay Ranade, did ask me to continue! My students and I used to communicate with each other using Yahoo Groups, and Orkut. Remember Orkut? I am sure at least some of you do. It was fun, being on Orkut, creating groups, and interacting with so many friends. I know my students used to gossip a lot about the faculty. It was a lot of fun, and the first social media that we really used, apart from the Yahoo Groups, usually for exchange of notes and announcements. We were not used to blogging much. I did start a few blogs, but was never really consistent till I have started writing everyday on this blog for the last 2

From Consumers to Producers - The Indian Story - Part 4 - The Internet

Image
The Internet I remember, in 1996, in a meeting, a client showed me the Internet. We browsed through Yahoo, one of the most popular websites and search engines at that time. I was amazed that I could just search for any subject and get so much information. I immediately wanted get it on my computer at home, but the only service provider at that time was VSNL - Videsh Sanchar Nigam Limited and the cost was Rs.15000 for 100 hours! But very soon, on demand, the rates were brought down to an affordable Rs.1500 per 100 hours of browsing. There was, of course, a catch here. First, you needed to buy an external modem (about Rs.4000/-) and connect it to the phone line to connect to the Internet. There were no schemes or data packages other than the one mentioned. So if you did 100 hours of browsing, it translated to 200 phone calls, which in turn meant a whopping telephone bill. And I did get a bill of about Rs.4000/- which is like getting a bill of about Rs.30000/- now! (Image src:http

From Consumers to Producers - The Indian Story - Part 1

Image
I call myself a successful digital immigrant. Marc Prensky defined Digital Natives as the ones who have been born with digital technology, digital devices, for whom the digital devices is not a new phenomenon, today's young population. Digital Immigrants are those who saw digital technology developing and evolving and adapted to the digital world - people like me! I have been very lucky to have been not only a witness, but a participant in the evolution of the digital age. In this series, I am going to share the story(s) of how several technologies evolved over the last 35 years in India and across the world, slowly but surely turning us, passive consumers of media content, into active producers. How technology - both hardware and software, and skill-sets developed over the years, especially in India, and how it has affected the way we communicate, and hence the way we live and go about our lives. My students (at least the one's who have attended my New Media lectures) mig

Karlo Duniya Mutthi Mein - Part 3

Image
The Internet was launched in India in 1995. Interestingly, India's mobile services were also launched in the same year. When I got my first mobile phone in 1997, it was a heavy walkie-talkie like machine, which, had to be held in the hand, for the fear of tearing away my pocket.! The outgoing call rate, when I got my mobile was about Rs.12 outgoing and Rs.6 incoming! We had a second-to-second billing plan too. It used to be very funny, with people making as short a call as possible to avoid hefty phone bills. I remember, I had a client who would ask me if I was calling from my mobile, and if I answered yes, would immediately cut the line and call be back from his landline. It was convenient to own a mobile, and it was also a status symbol, but it was damned expensive. In 2003, Reliance launched its CDMA technology based mobile services, after laying out 80000 kms. of fibre cables across the length and breadth of the country. Everywhere you went, you could see the Reliance work

Karlo Duniya Mutthi Mein - Part 1

I was working for a pharmaceutical company and posted as Manager in Ahmedabad for two years - 1989 to 1991. Those days were quite turbulent, one, on my professional front, because I was trying to make inroads into a very tough pharmaceutical market, and second on the political front. Those days were of unrest, and riots during the time of Lalkrishna Advani's Ram Rath Yatra. I saw the horrors of mindless killing, and mob fury first-hand. During Diwali, rarely now, but I still wake up from deep sleep in the middle of the night thinking there is police firing going on somewhere. This was also a period of turmoil in the music industry. In July 1990, the film Aashiqui was released and became a super duper hit. But the credit for its success goes to its music, which was released in 1989 by Gulshan Kumar. This is a story in itself. Coming from a humble background, Gulshan Kumar began his career in the music industry by producing cheap cassettes of music of older hit films. With no cl

Media Economics

Recently, I came across a book on Media Economics. I was, and still am fascinated by the subject and have decided to include it in our curriculum. Though change in the syllabus will take some time, I have already started discussing the subject in the classroom. Most of the posts on this blog will deal with the subject of Media Economics for some time. Here are some facts and figures:   Media & Entertainment, 6th June 2009 Indian media and entertainment industry expected to clock a growth of about 19% by 2010 compared with a growth of 17% in year 2008. The turnover of India's Media and Entertainment sector expected to double to about $20 billion (Rs.100,000 crore) by 2011-12. Total turnover of the sector estimated at about $10 billion (Rs.50,000 crore) in 2008-09. The turnover (including both subscription and advertising revenue) of the television segment expected to reach at $10.4 billion (Rs.52,000 crore) in the next three years from the current level of about $4 billio