After the unveiling of the logo of ET Now, the new business channel by Bennett, Coleman & Co. to be launched by March 2009, speculations are rife about the impact the new channel would have on existing business news channels.
The biggest strength with ET Now is that it has the strength and backing of the brand ‘The Economic Times’, the largest read business daily in India as such high expectations are natural.
The new channel has been widely pegged as a convergence product, however it has to do more than just bring the ET newspaper on to the TV screen.
It also needs to position itself as not-just-a-stock-market-channel but one with a wider spectrum of business world. ET Now also would be better placed if it forge a tie-up with international player for content and analysis.
It may be possible that the launch of ET Now will make it difficult for low ranked business channels such as NDTV Profit and UTVi, however the market leader CNBC-TV18 would continue to remain the leader.