10
Apr

Interesting Research

   Posted by: gargi   in Films, India, Media, TV

For the last 4 weeks or so we have been hard at work on our business plan. After 4 years of running our own business, it is time to get some cash infusion to do bigger and better things… Part of putting any business plan together is looking at shitloads of industry specific research as back ups for your own projections. Normally, in stuff like this you quote industry body reports on growth, returns, expectations etal… And normally one tends to use one of the two reports that are put out by the industry FICCI Frames or the Confederation of Indian Industries reports…..

However, this year the number of flaws and errors in the FICCI Frames report makes it virtually unusable. The TV portion is vague .. their content market figures estimated at 9 billion INR (900 crores) seems grossly underestimated, especially given that last year's hours of original content was pegged at 32,000 hours+ hours of programming. On an average a large General Entertainment Channel (GEC) spends about 250 to 300 + crore rupees on content. This doesn't include regional, niche and other channels including news. With news one can take the stance that the costs don't really come into content but into personnel and infrastructure, and even if you discount news the figure is a lot higher than 900 crores. More likely to be INR 1500+ crores ( we did a back of the envelope calculation, and once it is validated I will post that). But, their figure can be defended.

But, what cant' be defended and what is a truly glaring piece of erroneous research is the following :

 

(source : page 107 of the FICCI Frames: Indian Entertainment & Media Industry Report, 2008

My serious suggestion is click on the JPEG to see the figures it will show the following gems :

Andaman & Nicobar and Arunachal Pradesh (we won't even go into the logic of this clubbing) has 1546 Cinema  screens.

Tamil Nadu has 6 Cinema  screens

Uttar Pradesh has 3  Cinema  screens

And the rest are equally ridiculous. Maharashtra (excluding Vidarbha) , according to the report has  95 Cinema  screens. (aside - i wouldn't be surprised if the Mumbai suburbs has 95 cinema screens

I can only surmise that the reason that China wants to take over Arunachal Pradesh and the reason why Andaman and Nicobar is sinking and the reason why Uttar Pradesh has so much crime is because of the number of cinema screens. With this kind of data, we are going to end up with equally wonky causality :) 

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This entry was posted on Thursday, April 10th, 2008 at 11:25 am and is filed under Films, India, Media, TV. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

8 comments so far

 1 

as a software engineer i couldn’t help but notice the obvious bug in that spreadsheet! it appears as if someone sorted the states column alphabetically, but failed to see that the numbers don’t move with the names (they probably used Excel) :D

April 10th, 2008 at 9:31 pm
 2 

Hi pseudoku
welcome to this blog
yes, its happened to all of us at some point of time or the other… undo usually does the trick…
but, imagine putting this out as the industry report…

April 10th, 2008 at 11:20 pm
 3 

Do you think these are typos in the ficci report? How else can they make such huge errors?

April 11th, 2008 at 9:40 am
 4 

i would think that they are typos… possibly oversight… otherwise they are quite reliable…

April 11th, 2008 at 9:45 am
Manish
 5 

Hi,

Can you please help me to get the FICCI FRAMES 2008 report free of cost:-)

April 11th, 2008 at 11:43 am
 6 

Hi manish
contact Ficci frames here:
http://www.ficci-frames.com/ficci-entertainment/contact_us.html

April 11th, 2008 at 12:21 pm
 7 

Blame it on the proof-reader ;).

I am a pretty regular reader but laid back commenter.

I really like your blog, especially the odd pictures that you put out.

April 11th, 2008 at 8:45 pm
 8 

lol…. in my earlier organisation someone would have lost their job if they put out stuff like this…. and the report has been signed off by the whose who of the consultants, and FICCI … it is not just bad proof reading… it is possibly no proof reading…

thank you… :)

April 12th, 2008 at 12:26 am

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