Thursday, 29 August 2013

Times Television to launch new channel Romedy Now

The Times Group is all set to broaden its horizons with its latest venture in the English entertainment category- ROMEDY NOW. Catering to all urban, up-scale audiences, ROMEDY NOWis a one of a kind English entertainment channel with a unique blend of ‘Love & Laughter’. The channel is set for launch within the next 15 days.
Sunil Lulla, Managing Director & Chief Executive Officer, Times Television Network, said, “We at Times Television Network, are excited to strengthen our footprint in the English entertainment category with the launch of ROMEDY NOW. The success of MOVIES NOW highlights the tremendous opportunity that the category presents, with both viewers and advertisers. ROMEDY NOW addresses that section of the urban audience that boasts of high propensity to spend and who will welcome new and rejuvenated entertainment.” 
The English Entertainment category in Indian Television Broadcasting has clocked an astounding TV growth of 98%; with exponential growth in both Reach & Time spent. The English Entertainment Category reaches out to over 150 million television viewers on a monthly basis, which is why it is referred to as ‘Urban Mass’ *(Source: TAM). However the English Entertainment Category continues to be highly under-valued & under-monetised in terms of both advertising revenue & subscription revenue, which is set to change, with more consumers accessing phenomenal content.
Ajay Trigunayat, CEO, English Entertainment Channels, Times Television Network, said, “We changed the game in the English Movie Category by challenging the status quo with the launch of MOVIES NOW in 2010. Extensive research has revealed, the audience is seeking highly differentiated and personalised content; and the identification of this ground breaking shift of genres and the significant gap between behaviors vs. need, has led to the conception of ROMEDY NOW. This is in congruence with the global trend of growing viewer preference for light-hearted entertainment and thereby we are proud to offer a unique entertainment destination dedicated to ‘Love &Laughter’.”
ROMEDY NOW is the only channel in the world to bring about a marriage of ’Love & Laughter’in a seamless manner. Its Best in Class content, sourced from across the world, will showcase both movies & series to distinctively entertain its urbane audiences. This will include premium new content, yet to be launched worldwide. Its impressive HD quality movies & series content, is sure to be an attractive magnet for MSOs & DTH operators seeking to provide world class content to their growing digital household base. ROMEDY NOW will make women & men laugh & hold-hands, with content that is fresh, original and exciting.
Harsh Sheth, Associate Business Head, ROMEDY NOW, added, “ROMEDY NOW is the go-to destination for the ‘time-pressed’ urban masseswho neglect the most important aspects of life -‘Love & Laughter’.Therefore,the essence of the brand, ROMEDY NOW, is crystallised in three words -‘LOVE.LAUGH.LIVE.’ brought to life in ‘Warm Golden Yellow’.”


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