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| Program portfolio management in any
multimedia company or a television channel company is akin to the
concept of product portfolio management followed by any other product
manufacturing company, or in fact similar to the financial portfolio
management followed by any investment professional.
The program portfolio management is a concept that has only recently emerged in the Indian entertainment industry owing to the fact that, before the advent of international channels in the Indian scenario, the Indian television industry was monopolized by the national television channel and therefore had no requirement for any channel or program management as the audience gulped down whatever was offered to them through the only channel of entertainment in the country. However, the things stand changed today, when almost 100 channels compete to retain the viewers’ attention in the Indian television scenario. It has become imperative for the channel to spend time in carefully deciding the mix of programs that are to be aired on the channel and also to analyze and decide the best time for airing the programs. This program portfolio management
requires the decision makers to study the tastes and habits of the
consumers carefully through the TAM results in order to analyze and
decide upon the viewer ship patterns across the different time bands. Also in the case of program portfolio
management, it is important to remember that past performance is not a
guarantee of future results. Constantly changing parameters, dynamic
working conditions, evolving marketing strategies from competition make
sure that the fate of the program changes with them.
~ Category editor Sakina Kadiwala. copyright data indianchild.com
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