financetom
Business
financetom
/
Business
/
TV networks turn to mythology shows as lockdown hampers new content production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TV networks turn to mythology shows as lockdown hampers new content production
May 29, 2020 12:21 PM

Faced with lack of original content, television networks across India have resorted to deploying mythology shows and are continuing to increase the share of such content even as viewership for it is receding.

The Broadcast Audience Research Council (BARC) on Friday said the overall viewership continued its southward journey despite the lockdown continuing in large parts of the country, but it is still up compared to the pre-COVID levels.

National broadcaster Doordarshan had adopted a strategy to telecast Hindu-mythology based shows like Ramayana and Mahabharata in the early days of the lockdown which paid handsomely by catapulting the channel to the top of the rating chart.

The lockdown has stopped all the production activities, hitting new content generation.

In data for the week ended May 22, the BARC said the total mythology-based programming stood at 1,671 hrs for the week, which is more than double that of the 777 hrs before the lockdown began.

The fastest growth was in the Hindi category which rose to 765 hrs from 293 hrs, while the east market showed the slowest growth to 443 hrs from the 249 hrs before the lockdown, it said.

Interestingly, the diminishing marginal returns seems to be playing out on the strategy as viewership for such content has declined lately. However, the programming hours keep rising despite that.

At the start of the lockdown, the viewership for mythology-based content stood at 25.7 billion minutes for a week, which hit a high of 119.1 billion minutes within three weeks and has steadily declined from there to be at 75.7 billion minutes for the week ended May 22, the body said.

The overall TV viewing continued its declining journey and stood at 1,018 billion viewing minutes as against the 1,069 billion minutes in the week ago period, BARC said, adding that it was higher when compared to the pre-COVID's 887 billion minutes.

The biggest hit has been to the primetime band, which is the most rewarding from a commercial perspective, where viewership is 13 per cent lower than the pre-COVID-19 levels, BARC said, attributing the same to lack of new content.

From an advertising perspective, there have been some gains in the last fortnight but the overall volumes continue to be down 23 per cent as compared to the pre-COVID levels, it said.

There was a 3 per cent rise in the number of advertisers in the week to May 22 as compared to the previous reporting week, it said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
NVR Q2 Earnings Decline on Flat Revenue
NVR Q2 Earnings Decline on Flat Revenue
Jul 23, 2025
09:17 AM EDT, 07/23/2025 (MT Newswires) -- NVR (NVR) reported Q2 earnings Wednesday of $108.54 per share, down from $120.69 a year earlier. Analysts polled by FactSet expected $106.2 per share. Consolidated revenue for the quarter ended June 30 was $2.55 billion, compared to $2.55 billion a year ago. Analysts surveyed by FactSet expected $2.5 billion. ...
Matador Technologies Secures US$100 Million Financing Facility to Accelerate Bitcoin Treasury Growth
Matador Technologies Secures US$100 Million Financing Facility to Accelerate Bitcoin Treasury Growth
Jul 23, 2025
09:18 AM EDT, 07/23/2025 (MT Newswires) -- Matador Technologies ( MATAF ) , a bitcoin ecosystem company that saw its shares drop 6.5% on Tuesday, signed an arm's length agreement for a secured convertible note facility with ATW Partners that allows the company to issue up to US$100 million in convertible notes. According to a statement released on Wednesday, the...
Gatekeeper Systems Raises $11.5 Million Via Bought Deal Private Placement of Share Units
Gatekeeper Systems Raises $11.5 Million Via Bought Deal Private Placement of Share Units
Jul 23, 2025
09:19 AM EDT, 07/23/2025 (MT Newswires) -- Gatekeeper Systems ( GKPRF ) on Wednesday said it closed its previously announced brokered private placement for proceeds of $11.5 million. The offering consisted of the issuance of 9.6 million common shares, including 1.3 sold pursuant to the underwriters' option, at $1.20 apiece. Proceeds will be used for working capital and general corporate...
Copyright 2023-2026 - www.financetom.com All Rights Reserved