MICA’S MEDIA AND ENTERTAINMENT MANAGEMENT AREA TO HEAVILY FOCUS ON NEW AGE OTT, CONTENT, CONSUMER & TECHNOLOGY

MICA’S MEM TO FOCUS ON NEW AGE OTT CONTENT CONSUMER & TECHNOLOGY

As the pandemic has fueled demand in specific sectors and upended our consumption patterns, MICA Ahmedabad will now heavily focus on the new age Over-The-Top (OTT) content consumption and  understanding the changes in business practices.

MICA's Media and Entertainment Management (MEM) area will emphasize content, consumer, technology  transformation, and OTT disruption to the traditional media business.

MICA's MEM area has introduced three new courses focusing on transformative practices to catch the industry  changes, OTT-driven content, platform, consumer business, and business practices changes.  These courses will help the second-year students to understand the business of content and platforms,  technology, data, consumer experience, managing OTT business, and integration of media labs.

Some of the courses are developed and delivered in collaboration with leaders from the industry like Ms. Swati  Mohan, EX-CMO, Netflix, Ms. Pooja Verma, Head, the Brand Lab, Hotstar, Mr. Tarun Katial, Ex-CEO, Zee 5,  Ms. Natanshi Lodha, Marketing Manager, DocuBay and EPIC channel, Mr. Anand Chakravarthy, Ex-MD,  Essence and many others.

Dr. Shailendra Raj Mehta, President & Director, MICA, said, “As the world took a giant pause in 2020, a lot of  upheavals occurred in media consumption patterns. The flourishing OTT segment was one of the outcome of  the pandemic. The wave has already begun and is only going to move upwards from here. Considering this, we  have crafted the curriculum to stay relevant to the needs of the sector.

MICA's media lab is now equipped with IRS, BARC, comScore, Meltwater, and Frrole to ensure industry  immersive experiences.

Speaking about the same, Prof. Santosh K. Patra, Head, MEM at MICA, said, "M&E management is one of the core focus areas of MICA, and we always strive to live the needs of the transformation of the  industry. The industry is witnessing a tectonic shift, so as the consumers. Considering this, we have crafted the curriculum to stay relevant to the needs of the sector.

The new curriculum of the MEM will focus on the three 'C' of the business: Content, Consumer, and Commerce  driven by technology like the much talked OTT and others. The change is a collaborative effort of academic and  industry leaders to create required talents to manage the new age M&E business. All programmes in the MEM  areas will reflect these changes.

INDUSTRY SPEAK:

Mentor of the MEM area at MICA and Group President of Republic TV, Mr.Bhaskar Das, said, "We can't offer  present or future business solutions with past experiences. We must work towards a future backward strategy,  and M&E is one sector that needs to travel much faster than the change itself. Considering the transformation in  mind at MICA, we have taken the bold step to revise the MEM curriculum.

Ms. Swati Mohan, Ex-CMO, Netflix, said, “We are at a time where technology has evolved consumer habits and  choices to unlock business opportunities and models that never existed till a few years ago. This evolution is  only going to continue with greater momentum, insisting on a new breed of professionals that are focused on  building for the future and are able to marry analytics, creativity and instinct to defend and scale businesses.  Hence it is imperative that B-Schools evolve curriculums to cater to this essential need of the industry. In my  association with the M&E team at MICA, I have been extremely impressed with their focus and care in creating  a curriculum that focuses on building the M&E leaders of tomorrow.

Ms. Nitanshi Lodha, Marketing Manager, DocuBay and EPIC channel, said, "Like traditional television, OTT is  one of the most effective platforms for driving brand metrics. Modern content strategies, regional language  choices, granular content categories, and personalized experiences will continue to open new opportunities in  advertising on OTT platforms. Contributing to MICA's course development is an overwhelming experience.

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