While one might look at mobile screens and laptops as competition for the television news, trends show advertising on TV is not suffering at the hands of digital media. Discussions at the second day of Ficci Frames centered around how monetising can be drawn from multiple screens and how each can compliment the other rather than compete.
While all the industry stalwarts agreed that growth of digital media (social media websites and mobile internet) was much higher than that of traditional news media such as television and print, they believed the major shift in advertising revenues is sometime away.
Bhaskar Das, chief executive officer, Zee Media, said, "Advertising money has not yet moved away from television and print to digital media. However, over the next three-five years, this big shift will happen".
While regional print media has done very well in the year gone by, experts believe non-English content would drive growth of digital media in India. With deeper penetration of mobile internet into Tier-II territories, localisation in terms of language has become very important.
Chetan Krishnaswamy, head, public policy and government relations, Google India, said, "With four million users coming online every month, almost all of them on mobiles, the mobile is now the real tool of empowerment. Future users would largely be from the non-English speaking populace. Already, language websites are growing faster than English websites. The Internet has great power and it can only make democracy a better social catalyst."
The good news is that the three mediums namely print, television and digital media need not necessarily compete with each other. They can in fact work together exploring opportunities for sharing content across all the mediums. For instance, a television news channel can carry important social media web pages to highlight a news trend and vice-versa.
The digital medium can also act as a director towards the other screens. We see this happening in the form of ticketing apps for cinema on the mobile and interactive apps and advertising on mobile for television and print.
However, some did take a more conservative view on the existence of multiple screens and felt that one could be a threat to the other.
Ashok Venkataramani, CEO, MCCS India, believes that in addition to the growing popularity of digital media, television news channels also have to deal with another key challenge.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)