Asks to stop reporting viewership numbers
New Delhi, June 17th, 2013:
Bloomberg TV India, the nation’s premier English business news channel today announced that they have terminated the services of TAM with immediate effect. The channel has also asked TAM to stop reporting its viewership numbers.
Sriram Kilambi, President – Bloomberg TV India speaking about the termination said, “There are quite a few reasons that have led to this decision. One of the key issues is that all people meters that map the viewership trends are placed in the residences of viewers whereas the primary viewership of a business news channel like Bloomberg TV India is during working hours i.e. from the office. Furthermore our analysis of TAM numbers indicate that sample size of people viewing business news is too small to be insightful. Therefore, the data that is generated by TAM does not represent the facts. It is better that they do not report data at all rather than report data that is insufficient and incomplete.”
Last year, Bloomberg TV India had carried out a weekly analysis via viewer graphics (TAM’s software) to understand the core audience sample size for Business News Channels. The analysis brought to light the following which has not seen any significant change till date.
1. Having no measurement of behavior in offices, a key constituency of business news channels makes the research far from ideal for the genre
2. The fate of the entire genre as well as that of individual channels therein is being measured using insufficient sample respondents
3. The situation gets worse when one tries to understand the viewing behavior for select Metros, for instance Mumbai and Delhi among the relevant population were being measured through an average sample of 12 and 14 people respectively.
Over the last one year Bloomberg TV India has raised concern over the methodology adopted by TAM with respect to publishing the data pertaining to the viewership of the channel. Despite repeated email and personal meetings with the TAM management, neither has TAM reverted with anything concrete nor has any resolution been proposed. Thus the channel has written to TAM to terminate its services with immediate effect.
About Bloomberg TV India
Bloomberg TV India, nation’s premier business news channel with unique access to newsmakers and research-based data, illuminates stories that affect companies and industries. Bloomberg TV India provides immediate perspective on critical business news as it happens, from where it happens. Backed by an enviable squad of Indian journalists, global network of 150 bureaus and 2500 professionals, we deliver actionable insights to our viewers.
Bloomberg TV India’s focus on delivering breaking news and key insights aligns with Bloomberg's overall goal of being the world's most influential news organization. The core of the channel’s viewership is formed by influential leaders, business executives, and affluent professionals.