Wednesday, January 25, 2012

IS TODAY’S FILM CRITIC MORE MARKETER THAN INTERPRETER?

In an age of crass consumerism, has the Film Critic sold off his soul to market forces or does he still bring a special, enriching perspective to the table? 4Ps B&M’s Consulting Editor Monojit Lahiri probes this delicate terrain with some articulate individuals

It started with a casual conversation regarding the forthcoming International Film Festival of India (IFFI) to be held in Goa, on the 23rd (November 2011). Created to showcase the best of engaging & interesting Indian – and global – cinema, film festivals have always attracted the true-blue cognoscenti and cinema buff of the discerning kind, desperate to sample a life beyond Bollywood! Where there are film fests, can film critics be far behind? In today’s world – especially with Bollywood booming and blitzing all over the place in all-consuming fashion – can a real committed, dedicated film critic ever hope to survive? Should he, under the circumstances, review and re-invent his role to be part-marketer, part-interpreter?

Respected, veteran Film Critic Saibal Chatterjee is first off the block with a zinger. “I don’t think it’s a question anymore, but a solid factual statement!” he says. In fact, he is of the firm belief that this breed – film critics – is slowly getting marginalised and residing mostly in the world of blogs or little magazines. “What you got today are mostly reviewers who dole out opinions that are reader-friendly, touching the surface areas of the film in a glamorous way. It is completely in keeping with the mood of the times where cinema is perceived as a product to be consumed by the largest volume of consumers, possible. So, marketing, branding, advertising and promotion skills take precedence over knowledge, scholarship or insight. Pitching it right to a dumbed-down readership is the name of the game. In this scheme of things, where does the poor film critic feature?!” Chatterjee tells 4Ps B&M.

Communication specialist Bikram Ohri begs to differ. He believes that we live in nano-second times where reverence and sanctity to anything out in the public domain needs to be reviewed. “Boss, movies in India are entertainment products. Can we please stop worshipping them, wait breathlessly for that magical ‘Eureka moment’ and cut to the chase?! The critics mandate today is clear: Blend commentary in a cutting-edge way that entertains as it enlightens. Also, please go easy on the heavies! As the great Hollywood Director Billy Wilder once said If you are lookin’ for art, hell, go buy a Picasso. If you’re lookin’ to have fun and be entertained, hey, welcome aboard!” says Ohri. Joining the party is a noted film critic who refuses to formally participate or divulge her name for professional reasons. “It’s all very well to talk about art, sensibilities and values but with the corporates entering the scene with their deep pockets, the equation within the system and industry has dramatically changed. Film criticism, an intrinsic part of this universe, has been impacted as well. There are no two ways about it,” she tells 4Ps B&M.

Film Critic Mayank Shekhar brings his own spin to the table. “Some very novel things have happened in the last few years in the industry that has certainly impacted the role of the film critic. For one, there is this new entity called Trade Analyst. It is a vague term but this person seems to grab a lot of space in the electronic and mass media. It presupposes some kind of academic/scholastic background but it really is about ringing up distributors from all centers to get box office collections! Does that answer the definition of a film critic? Then there is the smart, sharp and subtle co-opting of some members of the fourth estate by Bollywood to ensure popular reviews and feel-good notices in the media,” says Shekhar. He explains that all this is a byproduct of the huge budgets powering big-ticket Bollywood projects. Therefore the marketing machinery has to go full steam to reach, persuade and seduce the audience into seeing the film. “However all is not lost, but yes, it is a tricky and challenging calling!” he adds.

For more articles, Click on IIPM Article

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

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Tuesday, July 19, 2011

HCL Launches Console

HCL has become the first Indian company to launch handheld consoles. It is set to take on international gaming giants like Sony & Nintendo. According to industry estimates, there are about 300,000 handheld consoles in India and the segment is witnessing a year-on-year growth of around 35 percent. HCL ME-converged devices comprise multimedia options like imaging, voice recording and recording TV programmes on the consoles. But while HCL is going after the usual gamers with this new surprise, Nintendo and Sony have already made their mark in the Indian and global markets. Moreover, they are now coming up with a new 3DS handheld that enables 3D gaming. It’s a strategic move for HCL, but with competition on its heels, ‘tough times ahead’ is an understatement.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM Proves Its Mettle Once Again.....
IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Monday, June 13, 2011

LG's introduces new all-in-one touchscreen PC

Korean giant LG Electronics has unveiled an all-in-one touchscreen PC developed in partnership with Intel at the ongoing Computex technology exhibition in Taipei. Called LG V300, the PC will feature Film-type Patterned Retarder (FPR) display which is presently used in LG's Cinema 3D TVs.

According to LG, the TV will include second-generation Intel Core processors, 3D FPR display, a triple camera system for multi-touch capability and In Plane Switch (IPS) screen technology that creates a 178-degree viewing angle. Featuring a 23-inch full HD LED LCD display, the all-in-one LG V300 packs two sets of light weight polarised glasses for the 3D experience. At mere 44.65mm thickness, the PC's connectivity options include 802.11 b/g/n Wi-Fi and choice of either DVD drive or a Blu-ray drive.

As for the OS, the PC will come with Windows 7 Home Basic or Windows Home Premium. The users will have an option to choose from Intel's Core i3, i5 or i7 processors. For memory, the PC packs 8GB RAM and up to 750GB hard drive. The PC will also include full support for Digital Living Network Alliance (DLNA) to enable data sharing between devices. It will also support Intel's Wireless Display (Wi-Di) to wirelessly stream content to TV.

LG V300 is expected to launch in Korea in July followed by markets in Europe, Middle East and Asia.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

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domain-b.com : IIPM ranked ahead of IIMs
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Saturday, January 22, 2011

Cover Story - B-SCHOOL SPECIAL

The European Venture Capital Association data says that while US and UK had the “broadest and most developed PE markets in the world (ranked at number 1 and 2),” such investments had also led to dramatic innovation and stunning economic growth too! Let’s view India’s situation. The Economist Intelligence Unit’s 2005-06 worldwide survey shows that India is “second from bottom” in promoting environment for private equity. Apax Partners add in their Future Trends in Private Equity Investment Worldwide report, “India has the second worst environment for private equity,” as India is globally last in terms of ‘Market Opportunities’ (for Private Equity).

Says Nathan Kievman, Founder & CEO of DemingHill, a US based corporate social media consulting & marketing firm, “In my opinion, business schools should have entrepreneurship as a subject. In my MBA experience, I had a great deal of traditional book work coupled with hands on business plan development. Though I found a great deal of value from this later as I started my own firms, the experience left a huge void in practical knowledge of what really matters in a business.”

Indian B-schools definitely need to have a national economic view on entrepreneurship encouragement than a myopic view about simply being management educators. Newer programmes need to be introduced that are not rated as traditional MBA courses, but purely as entrepreneurship programmes – similar to how Babson College is rated globally. When Indian B-schools learn to do that, would be the time when India will truly have educators who are transformational rather than just being inspirational. Till then, the B in the B-schools will connote much more than the grade.

Amir Moin
For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
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IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
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Rajita Chaudhuri
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