Latest addition in the cluttered general entertainment channel space is Colors. It is the 50:50 joint venture between Viacom Inc and the Network 18 Group. With the launch of Colors, Viacom 18 will complete its bouquet in the Indian market after its slew of niche channels such as MTV, Vh1 and Nick. Colors will reach out to a wider audience which normally comes from the general entertainment channel genre.
Colors: Ensuring Success
The programming in the cluttered general entertainment channel space is the key to its success. There is stiff competition in the space and key to success is differentiated and disruptive in our battle for eyeballs.
Positioning the channel in the cluttered space is not an easy task. The Viacom 18 management knows positioning has to be different and disruptive to make its presence felt. No wonder Viacom 18 has an innovative positioning strategy – disruptive positioning. It has chosen Bangkok as the backdrop and roped in Akshay Kumar to launch its flagship show – definitely innovative and disruptive move.
The launch vehicle, Akshay Kumar is the anchor of its reality show Fear Factor – Khatron Ke Khiladi. Akshay Kumarhas been roped in to build excitement among viewers and capture the required eyeballs. Apart from Khatron Ke Khiladi, with Akshay Kumar and 13 Bollywood actresses, Colors has announced its initial flagship shows – Mohe Rang De, a love story set against the backdrop of the Quit India Movement Azaadi Ke Rang or Bollywood ke Range. These programming has been linked to the emotions of Indian people. These programs also depict the name of the channel Colors. The name Colors is also reflective of the country’s myriad emotions.
Impact on the general entertainment channel
The stalwarts in the general entertainment channel space, like Zee, Sony and Star, remain unruffled by the entry of new players. The new entrants in the general entertainment channel space viz. 9X, NDTV Imagine, will be able to survive purely on the merit of their content. The success of any general entertainment channel channel will depend on how well it differentiates itself from the rest. In the current market scenario when soaps and reality shows are dominating the general entertainment channel channels, differentiation will be tough.
Currently, general entertainment channel advertising revenues are estimated at Rs 2,000 crore with Star and Zee bagging the maximum share in this space. Color, piggyback on strong brand equity of Viacom 18 and patronage of its other channels would ensure faster penetration for a general entertainment channel space.
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