Haq's Musings: Jang Group's Geo TV Suffering Heavy Financial Losses
Geo TV has lost 80% of its viewers and billions of rupees in advertising revenue since it accused Pakistan's ISI of attempting to assassinate its anchor Hamid Mir last April, according to credible reports in the mainstream media.
Pakistan's once most-watched cable-satellite television channel Geo, with the country's largest newsgathering network, has lost more than 80% of its viewers in less than a month, according to the BBC. In addition to Geo News channel, major cable operators across the country have blocked transmission of all other channels of the group, including Geo Super, Geo Tez, Geo Kahani and Geo Entertainment.
Among the biggest advertisers, the mobile phone companies accounting for 20% of media spend on Geo group, have pulled their marketing campaigns from Geo Network, including Geo News, Geo Kahani, Geo Super and Geo Entertainment, according to ProPakistan.pk website which covers telecommunications news.
Pakistan's Top 20 TV Cable-Satellite Channels. Source: Gallup Pakistan
Geo News ranks number 2 and Geo Entertainment ranks 6th among cable-satellite channels in terms of viewers in Pakistan, according to Gallup Pakistan TV ratings data for 2013. Gallup report shows that India's Star Plus tops the list with an average daily viewership of around 12 million Cable and Satellite Viewers during the time period Jan- to date (2013). It's followed by PTV Home and Geo News with approximately 8 million average daily Cable and Satellite Viewers.
Overall TV Ratings 2010. Source: Audiencescapes.org
Terrestrial channels operated by PTV and ATV continue dominate the overall television viewing in the country. 2010 data from Audiencescapes.org shows PTV Home garnering the highest market share at 46% of all viewers.
Jang Media Group which owns Geo TV channels has been the biggest beneficiary of the 2002 media deregulation ordered by former President Pervez Musharraf. The Jang group is also credited with bringing down the Musharraf government with its heavy coverage of the lawyers movement to restore the former Chief Justice Iftikhar Mohammad Chaudhry. Mr. Munir Malik, one of Mr. Chaudhry's key allies, said in an interview recently that the lawyers movement could not have succeeded without the backing of Geo TV and other media outlets and civil society which grew up during Musharraf years. Jang Group has been facing rising criticism for what the critics call "sensationalism" and "irresponsible" journalism.
Haq's Musings: Jang Group's Geo TV Suffering Heavy Financial Losses
Geo TV has lost 80% of its viewers and billions of rupees in advertising revenue since it accused Pakistan's ISI of attempting to assassinate its anchor Hamid Mir last April, according to credible reports in the mainstream media.
Pakistan's once most-watched cable-satellite television channel Geo, with the country's largest newsgathering network, has lost more than 80% of its viewers in less than a month, according to the BBC. In addition to Geo News channel, major cable operators across the country have blocked transmission of all other channels of the group, including Geo Super, Geo Tez, Geo Kahani and Geo Entertainment.
Among the biggest advertisers, the mobile phone companies accounting for 20% of media spend on Geo group, have pulled their marketing campaigns from Geo Network, including Geo News, Geo Kahani, Geo Super and Geo Entertainment, according to ProPakistan.pk website which covers telecommunications news.
Pakistan's Top 20 TV Cable-Satellite Channels. Source: Gallup Pakistan
Geo News ranks number 2 and Geo Entertainment ranks 6th among cable-satellite channels in terms of viewers in Pakistan, according to Gallup Pakistan TV ratings data for 2013. Gallup report shows that India's Star Plus tops the list with an average daily viewership of around 12 million Cable and Satellite Viewers during the time period Jan- to date (2013). It's followed by PTV Home and Geo News with approximately 8 million average daily Cable and Satellite Viewers.
Overall TV Ratings 2010. Source: Audiencescapes.org
Terrestrial channels operated by PTV and ATV continue dominate the overall television viewing in the country. 2010 data from Audiencescapes.org shows PTV Home garnering the highest market share at 46% of all viewers.
Jang Media Group which owns Geo TV channels has been the biggest beneficiary of the 2002 media deregulation ordered by former President Pervez Musharraf. The Jang group is also credited with bringing down the Musharraf government with its heavy coverage of the lawyers movement to restore the former Chief Justice Iftikhar Mohammad Chaudhry. Mr. Munir Malik, one of Mr. Chaudhry's key allies, said in an interview recently that the lawyers movement could not have succeeded without the backing of Geo TV and other media outlets and civil society which grew up during Musharraf years. Jang Group has been facing rising criticism for what the critics call "sensationalism" and "irresponsible" journalism.
Haq's Musings: Jang Group's Geo TV Suffering Heavy Financial Losses