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Paul Fournier, Head of Business Development and Digital


As a head of business development and digital at CH Media, what are the day-today responsibilities?
CH Media is divided into two main business units. One is news publishing; the other is entertainment. We have approximately 10 radio stations, five regional TV channels, eight national TV channels, and a streaming platform for our entertainment. We also have four regional news platforms that combine online radio with TV to bring the best of news to the top producers. I am in-charge of leading the digital platforms for our digital initiatives, and also head the business development unit. Through our business development wing, we make meaningful partnerships to earn revenue. We partner with telecom providers to bundle our platform’s subscriptions and offer them as packages to their users. It is my responsibility to look over these partnerships. What are some of the trends that you’re seeing in the industry? Can you provide a good industry snapshot from your perspective? In recent years many big studios have started offering their video-on-demand (VOD) apps. They plan to release teasers of new content on these apps, analyse the audience hype around it and then release the full content in theatres. Looking at the popularity of VOD apps and the diverse content they offer, consumers are spending more on these app subscriptions than they are on a telecom provider. But different platforms have different content. However, these trends vary depending on locations. For instance, the U.S. audience has an average of three or more subscriptions, whereas, in the Nordics and Europe, the number is generally below three. Following this trend, I believe it is hard for individual platforms to survive right now. There are a few ways for them to survive; the easiest is to come up with great content. For example, if a studio has good content, it can profit by licensing those titles instead of keeping them on any platform. Another way is to aggregate more services into one platform or merge with another to get more customer base. That is exactly what happened when Discovery+ and HBO Max merged. Discovery didn’t have a big library, which led them to merge with HBO Max.We are working in an industry that is fast-paced and competing with the likes of Netflix. One has to ensure if one can’t match the scale of a popular streaming brand, it needs to take advantage of its small and agile streaming platform the best way possible.