Showing posts with label Dhawal Gusain. Show all posts
Showing posts with label Dhawal Gusain. Show all posts

Key players of The Viral Fever resign

A still from Panchayat
Uncertainty reigns at India's leading digital content creation company after the exodus of key members; newly-appointed president asserts 14 projects on floors, including second seasons of Panchayat, Kota Factory
Mohar Basu (MID-DAY; August 12, 2020)

The Viral Fever (TVF) had a glorious run last year, with the success of Kota Factory, Tripling, Hostel Daze and the recent Panchayat (above) proving that they were the undisputed masters of quirky desi shows. However, the dream run came to an abrupt halt last week as the key players — Biswapati Sarkar, Nidhi Bisht, Amit Golani, Sameer Saxena, Dhawal Gusain, Karan Chaudhry and Saurabh Khanna — bowed out of the picture over alleged differences on the company's business approach.

KoshySo, where does TVF — the true embodiment of homegrown digital entertainment in India — stand post the exodus, without its founders to steer it ahead? The exit of Saxena, head of TVF original content, has fuelled rumours that OTT bigwigs have lost faith in the company. After all, he had helmed the sophomore season of Tripling and the much loved Yeh Meri Family, and also served as the executive producer of Panchayat, the company's biggest hit this year. Insiders say that the upcoming seasons of the stable's popular series could be in limbo without his creative guidance. mid-day reached out to Saxena, who declined to comment.

Even as uncertainty looms large in the corridors of the company, Vijay Koshy (left; above) – who returned to TVF in July after a brief stint in Arre – has been appointed president. This is the second change of gears since 2017 when Arunabh Kumar stepped down as the CEO, following a series of sexual harassment charges, paving the way for Gusain to take charge.

A still from Kota FactoryDespite the recent turn of events, Koshy asserts that 14 shows are set to go on floors. "Several OTT platforms are in talks with us for new shows. Some senior-level stupendous talent have moved on to pursue their own interests. But the writers and directors of Panchayat, Kota Factory (right), Permanent Roommates and Humorously Yours are still with us. The entire core team is still here. Besides Arunabh, Shreyansh Pandey [assistant vice president, content strategy & creative producer] and Akansh Gaur [content strategy head] are people who have been behind the scenes all along and will now shoulder larger responsibility. The second seasons of Panchayat, Hostel Daze and Kota Factory are in development. The same holds true for Flames season 3, Girls Hostel season 2 and Gullak season 2," he says, without refuting rumours of a brewing pandemonium within their workforce.

Quiz him on the future of the shows that were created by Saxena, and he explains, "Considering Yeh Hai Meri Family is a show based in the '90s, we are discussing whether we will take it forward. A story has yet to be locked for the third season of Tripling. When we get the right story, we will assign a director and take it ahead."

Mid-day reached out to Bisht, who declined to comment.

Sameer Saxena and Biswapati Sarkar
Sameer Saxena and Biswapati Sarkar

Investor ire, huge losses force Arunabh Kumar out of The Viral Fever?


Kumar, who quit as CEO yesterday over sexual harassment charges, had been asked by Tiger Global to stay away in March
Sanyukta Iyer (MUMBAI MIRROR; June 17, 2017)

Arunabh Kumar, CEO of The Viral Fever (TVF), stepped down from his post and resigned from the company’s board of directors yesterday. Kumar, who is facing allegations of sexual harassment, founded TVF four years ago with fellow IITian and partner Biswapati Sarkar and Amit Golani. According to industry observers, sustained pressure from the company’s investors and its recent poor financial performance played a significant role in his decision.

In an open letter published on his Twitter account, which has been inactive since March 12, Kumar said, “A lot has happened in the last three months which has mentally and emotionally drained me. Through this all it has become clearer to me that, what was and will always continue to be most important is – TVF. I started my entrepreneurial journey with a passion to entertain people with great stories and my dream was to make an Indian content company to match up to the likes of Disney and HBO. In the wake of the recent personal attacks, what really breaks me is the blemish on the brand’s true promise. I have therefore taken the decision to step down as the CEO of TVF.”

While Kumar wrote that he will continue to mentor the content team at TVF, a highly placed company executive, speaking on the condition of anonymity, said that Arunabh has not visited TVF’s Mumbai office since March 14, and has been asked to stay away from all matters concerning the company.

The decision to keep Kumar away from TVF was taken after a senior official from hedge fund Tiger Global Management, which owns a 25% stake in the company and invested Rs 70 crore in the company in February 2016, assessed its losses, both financial and in terms of brand perception, after the sexual harassment charges surfaced.

“TVF has faced Rs 8-9 crore in losses since April. Our last digital release, Bisht, Please, which was expected to revamp our image, highlighting aspects such as women empowerment, safety for women at work and pay equality, tanked miserably with less than 20, 000 hits per episode in a five-episode series. The online traction used to be double that for earlier shows, Pitchers and Permanent Roommates,” the senior TVF official told Mirror.

Another senior executive told Mirror that Kumar could make a comeback once the “matter had cooled down”. “TVF is launching Pitchers Season 2 by year-end, in which Arunabh is expected to return as his character of Yogi,” he said. But industry observers think that it is unlikely that Kumar will get back into the firm. Drawing a parallel to Uber CEO Travis Kalanick, who recently announced a ‘leave of absence’ from his company, the venture capital industry expert said, “This is a common practice in the start-up eco-system. Investors step in and put their own man in charge at their portfolio companies once they sense it is in trouble. This decision, though, seems to have been motivated more by the company’s financial performance rather than anything else. If they were indeed serious about dealing with the sexual harassment charges, they should have asked him to quit three months ago.”

In his letter, Kumar said that he is “handing over the reins to Dhawal Gusain, who will take on the mantle as the CEO of TVF”. Dhawal, a Stanford alumnus and former Hindustan Lever exec, joined TVF’s top management last year and was made CEO over TVF’s director Jikku Abraham. Sources told Mirror that Gusain is Tiger Global’s man, and his brief is to first salvage and then rebuild the company’s image. Gusain did not respond to repeated text messages and calls from this newspaper.

Two more shows are in the TVF pipeline. Office v/s Office will be launched on TVF’s sister channel Screenpatti, which is now being developed as a means to get more revenue through brands and Family Matters, which will release on TVF Play, the company’s channel within the next 10 days.

The sexual harassment charges against Kumar first surfaced in March this year. It all started with an anonymous blog post on the New York-based open site Medium accusing Kumar of molesting the writer of the post multiple times over two years while she was with TVF. The woman, who chose to go by the name of Indian Fowler (the name references Susan Fowler who was behind the unmasking of the toxic work culture at Uber) had said that Kumar had told her that they should engage in role-play. The post was taken down, after Kumar made headlines. Over the next week, nine women shared their stories of harassment at TVF. Two of them filed FIRs against Kumar.

TVF initially responded to the viral Medium blog post saying they would “leave no stone unturned” to track down the anonymous writer and “bring them to severe justice”.

It termed the accusations “ludicrous, defamatory and unverified”. In an internal inquiry, which was said to have been initiated, the company stood by their stance and Kumar’s colleagues vouched for his innocence on social media.

On March 31, Mirror reported that there was an entire movement being virtually run through anonymous sources to bring down Kumar. There were two key figures in this fight – one, a Twitter personality called @Corporate-Kumar_, who was the first to send out the blog post by Indian Fowler to the media, and described himself as a “Corporate and Government insider”, and an Indian businesswoman (again, anonymous), who was one among 100 to bag the Women Achiever Award instituted by the Ministry of Women and Child Development in 2016. The lady claimed to be in touch with all 11victims who accused the TVF founder of sexual harassment.