Any , today is all set to enter the Golden Era.Currently one of the largest markets in the world the industry is growing andis said to be raking in multi billions in another couple of years. The Industryas of date has an estimated size of US$ 7.72 billion and is expected to reachUS$ 18.32 billion by 2010 with maximum growth expected in television and filmsegments. There are more then 300 national and regional television channels andclose to 1000 films made every year.
In 2007 the Indian media and entertainment industry grew 17per cent over the previous year, touching the US$ 11.92 billion mark, accordingto a joint report by industry body the Federation of Indian Chambers ofCommerce and Industry (Ficci) and audit firm PricewaterhouseCoopers. Moreoverif you are into another business not necessarily entertainment, exposing it tothe media will get you publicity which in turn may prove useful to gatheringgood revenue.
The biggest boom in the entertainment sector in India over the last decade has come through theIndian Film Industry. The Indian film industry, with over 3 billion admissionsper annum, is the largest in the world, in terms of number of films producedper year. The opening of the film industry to foreign investment coupled withthe granting of industry status to this segment has had a favorable impact,leading to many global production units entering the country. For example, WaltDisney has partnered with Yash Raj Films to make animated movies, the WarnerGroup is funding the Sippys' film projects, Viacom has joint-ventured with theTV 18 group to form Viacom-18, and Sony Pictures Entertainment has co-producedSaawariya with SLB Films (Sanjay Leela Bansali FIlms). Simultaneously rise inincome of individuals and advancement of technology & change in consumptionpatterns have completely altered the style of functioning of the industry.Right from the production, distribution, exhibition to marketing the entirelookout has gone hi-tech. One primary change has been the rapid growth ofmultiplexes, which meets consumer demand for quality entertainment and has alsohelped boost production of niche films targeted at niche audiences.
Coming to the media part good and attractive media helpsyour company look professional & ensure that your customers buy from you.They can be your individual buyers or business to business customers. A good advertisingcampaign for your business could do it a world of good by convincing thegeneral people the top of mind awareness for your company or product. Analong with a does play an important role in entertainment media. When you use entertainmentmedia make the campaign look extremely professional, fresh and tight, make itfunny so that people can relate to it and most importantly avoid vulgarity.Entertainment media production is a powerful tool in helping generate revenueand if used as accurately as possible could propel your business to a differentlevel altogether.