ASIA TV FORUM
Asia’s millennial generation will pave the digital roadmap
SINGAPORE: After DJ Lee set the tone for the day’s proceedings, it was Maker Studio’s René Rechtman’s turn to elaborate on the ‘Development and Expansion in Asia’s Digital Marketplace’ at the 16th Asia TV Forum & Market.
Sharing some interesting market shifts and trends in the digital ecosystem in Asia, Rechtman also touched upon the background growth story of Maker Studios in the region, sharing new initiatives about the product, programming and distribution categories within the Asian contingent.
Entertainment is changing. Millennials are living a mobile, social, on-demand life. Specialising in short-form video reaching this diverse, tech-savvy group, Maker Studios attracts more than 10 billion views on YouTube every month with over 650 million subscribers.
“Digital is growing exponentially, be it for content creation or consumption, there is no end to it. We have looked at a few research studies and it’s amazing to see a 247 per cent year on year growth at the consumption end of the spectrum. And it’s the millennial generation that is setting the pace for it,” Rechtman shared.
With 55,000 independent creator partners from more than 100 countries, Maker Studios is home to top digital stars, channels, and content.
Rechtman further added that 50 per cent of the population that’s consuming content digitally is from the age group of 13-34 years; and the same group was four times more active socially. “Most of the content consumption is in the way of watching videos and engaging on social media,” he said.
“YouTubers are major influencers in today’s age for millennials to even select their brands. Audience is now the creator and the creator is also the audience; that’s how the cycle of digital content creation functions,” he added.
According to a study, 84 per cent of millennials don’t trust traditional advertising; whereas they prefer brands promoted by YouTubers almost 1.8 times.
Rechtman also stated that the duration of short form videos have reduced over the last two years, and it’s an important aspect to keep in mind for newer and seasoned content creators who wish to gain more eyeballs. The time duration, which was at around 5.1 minutes back in September, 2013 is now down to 3.8 minutes in September this year.
Speaking from Maker’s perspective, Rechtman said that data analytics plays an important role for their strategy and the company always looks for partners who dare to act local, while thinking global.
ASIA TV FORUM
ATF’s first Animation Pitch announces winners
MUMBAI: The Asia TV Forum (ATF) is drawing to a close amid much fanfare. The event saw several activities such as an exciting round of on-stage pitches wherein producers from all over Asia presented their ideas. The winners of the inaugural Asia TV Forum & Market (ATF) Animation Pitch were also anounced and the unveiling of the second ATF Formats Pitch took place on 30 November 2017.
Reed Exhibitions and global partner Green Gold Animation announced studio2 Animation Lab as the winner of the first-ever ATF Animation Pitch. The animation concept, titled “The Western Journey of Pigsy”, wowed the on-stage jury for its creativity and strong appeal to children. The line-up of judges, which comprises some of the biggest names in kids’ animation and entertainment, also saw strong potential for the concept to be exported and extended to a series.
Targeted at creators and producers of innovative concepts for new and original kids’ animation, ATF Animation Pitch is aimed at facilitating the exchange of ideas and talent between leading international television, distribution and Asian-based producers. In total, 61 entries were received from all over Asia.
“I am thrilled and excited to be named the winner of the inaugural ATF Animation Pitch. We had a unique concept and we felt that it allows viewers to experience the journey in the west story in a contemporary way. Moving forward, we will work towards developing the script for the concept,” said studio2 Animation Lab director Chiu Li Wei.
Chiu Li Wei and Grace Chuang from studio2 Animation Lab received a $19,000 prize from GreenGold Animation. This includes a $2,500 cash award, and a consultancy package worth $16,500 that is tailor-made for them to further develop the winning animation, making it ready to pitch to broadcasters.
After a closely contested fight between five finalists, leading independent distributor all3media International and ATF announced that Gamaliel Paulus (Gammy) from Indonesia, came out on top, winning $3,500 in cash and a $16,500 (both Singapore dollars) consultancy package tailor-made to develop the format, making it pitch-ready for broadcasters.
ATF Formats Pitch is the premier Asian pitching competition designed to discover innovative concepts for new and original non-scripted entertainment formats from the pan-Asian region. This platform showcases the best of Asia, and exposes ideas for export and development within and even outside of the region.
In its second year, the competition received more than 50 entries from 13 countries and only five finalists were selected to pitch their concept during the live on-stage judging session which concluded earlier today. Formats were evaluated based on creativity, originality and capacity to return for multiple series. The winning concept must also have the capability to resonate with audiences globally.
Portraying all these qualities was the winning format, Ranking. It is a game show where participants have to guess the correct order of a ranking in return for prizes. Besides the excitement value that comes with game shows, it also serves to dish fun facts and information to viewers. The judges loved the simplicity of the idea and felt that it had great potential for further development.
“As many people are familiar with rankings, I believe my format will appeal to any country. Also, I have not seen it in the form of a game show concept. As a producer myself, I understood that for a format to do well, it has to be simple. I am very thankful for the win, I didn’t expect it at all,” said Gamaliel Paulus (Gammy).
To further develop the format and make it ready for pitching to broadcasters, Gamaliel Paulus (Gammy) will work closely with all3media International. This follows the success of “Hit It” from XTREME Media, which won at the inaugural ATF Formats Pitch last year, and has received its first local commission for a debut in February 2018.
Aside from the ATF Animation Pitch and ATF Formats Pitch, ATF and ScreenSingapore is also home to another pitching competition, the Southeast Asian Film Financing Project Market.
ASIA TV FORUM
Indian OTTs to be in focus on day 2 of ATF
MUMBAI: Singapore-based Reed Exhibitions’ Asia TV Forum (ATF) will commence today with 60 countries taking part. The first day will see sessions based on content, advertising and the evolution of storytelling and digital traditions and innovation Ninety thought leaders will deliver fresh insights in over 24 sessions from 28 November to 1 December 2017, discussing present-day issues such as big data, movement in the over-the-top (OTT) scene, new monetisation strategies, unscripted entertainment formats and kids’ content.
The Indian sessions will start from the second day. The first one will be ‘Bollywood & Beyond: Fresh content from India’. The speakers present for the session will be Epic TV network head content syndication Adita Jain, Greengold Animation VP content sales Bharath Laxmipati, One Life Studios founder Siddharth Kumar Tewary, Rajshri Entertainment MD Neha Barjatya, and Toonz Animation India senior manager- content syndication and distribution Viju Thomas. The session will be moderated by Indiantelevision.com group founder, CEO and editor-in-chief Anil Wanvari.
Wanvari has been working on developing opportunities for India’s animation and live action sector – whether for TV or OTT – over the past three years at ATF as its representative for India, Pakistan, Sri Lanka and Bangladesh.
India’s OTT ecosystem has been exploding with newer apps popping up ever so quickly. At last count, close to 42 OTT services were operational in India. The second Indian session will be about the needs and wants of Indian OTT buyers. The panellists for the discussion will be Pittie Group/Epic TV CEO and MD Aditya Pittie, Viacom18 Digital ventures COO Gaurav Gandhi, producer, entrepreneur and storyteller Sidharth Jain, Spuul founder and global CEO Subin Subaiah, and GoQuest Media Ventures MD Vivek Lath. This panel discussion will also be moderated by Wanvari.
ATF will also focus on virtual reality (VR) sessions, which will delve into the discourse that takes place among ecosystem partners, from content concept, creation and circulation. Real Vision VR filmmaker, speaker and published author Clyde Desouza will moderate the panel. Desouza is working with Times Now for its VR immersive journalism.
On day three, listen to GreenGold Animation founder and CEO Rajiv Chilaka talk about how to provide 360-degree experience to kids. Chilaka has created and built one of the India’s largest animation brands Chhota Bheem, which currently has a viewership of over 40 million across platforms. He will also talk about nurturing localised IPs and stories and priming them to go global.
The major Indian satellite TV networks Sony Pictures Networks India, Star India, Indiacast-Viacom18, and Zee Telefilms have their syndication and licensing teams exhibiting at the Marina Bay Sands venue. Other noteworthy exhibitors include: format and content syndication company GoQuest, Swastik Productions’ One Life Studios that is hawking its mega-budget Porus and homegrown formats, One Take Media, which is selling its kids animation and cookery shows, film and digital content creator and distributor Rajshri Entertainment, infotainment channel Epic TV, and kids’ content pioneer GreenGold.
ASIA TV FORUM
ATF 2017 attracts Indian content studios, both big and small
MUMBAI: Singapore-based Reed Exhibitions’ Asia TV Forum (ATF) is round the corner and the buzz around the event only seems to be ramping up. This year, the forum will see around 60 countries from all over the globe. From 28 November to 1 December 2017, more than 90 thought leaders will deliver fresh insights at over 24 ATF conference sessions, discussing present-day issues such as big data, movement in the over-the-top (OTT) scene, new monetisation strategies, unscripted entertainment formats and kids content.
Indiantelevision.com founder Anil Wanvari has been working on developing opportunities for India’s animation and live action sector – whether for TV or OTT – over the past three years at ATF as its representative for the regions of India, Pakistan, Sri Lanka and Bangladesh.
“We have seen the presence from south Asia grow from a small 20-30 to around 140 this year since I was given the task of working closely with the region’s content creators, buyers and distributors,” says Wanvari. “I and the team which works with me have been happy to help catalyse their presence on Asian and global stages. ATF has a strong presence of smaller buyers, producers, distributors from the region apart from the big name players from Europe and the US. It has become a must visit event for the content executive.”
The major Indian satellite TV networks Sony Pictures Networks India, Star India, Indiacast-Viacom18, and Zee Telefilms have their syndication and licensing teams exhibiting in the Marina Bay Sands venue. Other noteworthy exhibitors include: format and content syndication company GoQuest, Swastik Productions’ One Life Studios which is hawking its mega budget Porus and homegrown formats, One Take Media which is selling its kids animation and cookery shows, film and digital content creator and distributor Rajshri Entertainment, infotainment channel EPIC TV, kids content pioneer Green Gold.
“This is probably the highest exhibitor strength India has managed at ATF ever,” says Wanvari. “The country’s content selling industry has come a long way despite the oft repeated statement that our TV shows are not good enough to cut the international grade.”
Among the initiatives that Wanvari and Reed Exhibitions have supported is the building up of delegations from India and south Asia. The first of these has been the one which has been growing under the umbrella of the Media & Entertainment Association of India (MEAI). The association’s secretary Ankur Bhasin has cobbled together a delegation of 11 small and medium enterprises (SMEs) consisting of 13 delegates in the content creation and distribution spaces.
Says Bhasin, “Fueled by improved connectivity and mobile explosion, Asia-Pacific is experiencing the fastest growth worldwide in terms of growth of time spent consuming media online – about 6.7 per cent consistently year on year compared to global average of 2.9 per cent. Although the average consumption of three plus hours per day for the Indian audience and about six hours per day for Chinese viewers is still relatively low compared to western countries, with over 60 per cent of the world population concentrated here, that is a substantial change on how media is being consumed. It is no surprise that this explosion is resulting in a growing demand for content in the APAC market.”
Wanvari points out there are many commonalities in culture that India shares with east Asian countries like Singapore, Malaysia, Indonesia, Vietnam, Japan, south Korea, Sri Lanka, Pakistan and Bangladesh. “We all share Asian sensibilities and values,” he says. “Hence, we can relate to each other’s content.”
Bhasin believes ATF is a very important market to target Asian buyers as well as to look for co-production opportunities. “Increasingly, there has been demand from MEAI members to focus on markets in the east and this has resulted in a growing delegation to ATF from MEAI. MEAI hopes this will materialize into a pavilion next year to give a fixed presence to the delegation being put together by the association with the support of Anil and his team,” Bhasin adds.
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