Adspend to glitter World Cup, KBC-III
RATNA BHUSHAN
TIMES NEWS NETWORK[ WEDNESDAY, DECEMBER 27, 2006 01:45:34 AM>
NEW DELHI: The first four months of the New Year are expected to mop up a combined ad spend of Rs 350-400 crore from World Cup and Kaun Banega Crorepati (KBC) 3 - the two of Indian television's biggest events in 2007.
Media sources say both these events could record the highest combined outlays in terms of ad spends and set the tone for the rest of the year. With STAR's ShahRukh Khan-hosted KBC-3 going on air in January and World Cup commencing two months later on SET Max, the respective broadcasting channels are leveraging scale to strike rich hauls.
"It's going to be the most exciting phase for Indian advertisers and could change the sagging fortunes of channels. Zee TV, for example, would be worried," said Sundar Raman, MD, north & east, Mindshare India. SET Max, which has already sold up to 80% inventory through non-terminable contracts and bulk deals, is hoping to gather Rs 220-250 crore from World Cup, say media buyers.
While Nokia and Reliance have tied up with Max as the tournament's co-presenters, associate sponsors include LG, Pepsi, Hero Honda, Videocon, ITC Foods, Maruti and the Aditya Birla group. "A large part of the channel's commercial interests have already been taken care of," said Kajal Malik, regional director, OMS.
SET, which did combined buys for ICC Champions Trophy (held earlier this year) and World Cup, is likely to generate Rs 400-450 crore from both cricketing events put together. Said Rohit Gupta, SET's EVP, ad sales and revenue management, "With a base of 65 million C&S households and assuming even an 80% reach, we will cut across to about 250 million people."
On average, for bulk deals inclusive of all matches, the going rate per 10-second spot is Rs 1.1-1.3 lakh now, against Rs 80,000 per 10 seconds in World Cup 2003. For Indo-Pak matches, rates could swell up to Rs 3 lakh per 10 sec.
STAR, on its part, is likely to mop up Rs 110-125 crore from KBC-3, with spot rates averaging at Rs 2.75 lakh to Rs 3 lakh per 10 seconds, say sources.
The channel is close to tying up with 10 associate sponsors for KBC-3, including Hyundai, UTI Mutual Funds and Videocon. Deals are being sealed for anywhere between Rs 7-10 crore per associate sponsor.
In addition to telecom partner and title sponsor Airtel, other brands SRK endorses like Pepsi, ICICI, Compaq, Emami, and ITC's Sunfeast, are likely to come on board through sponsorships or spot sales. "We will either sign sponsorship deals or buy spots on KBC - it's a platform we cannot miss out on," said Aditya Agarwal, director, Emami Group.
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