Star twinkles as India shines

27 Feb,2015

 

By Ravi Teja Sharma & Ratna Bhushan

 

Star India, official broadcaster of the ongoing cricket World Cup, has lost no time in hiking ad rates for the tournament even further, riding on the two big wins India recorded and all-time high television viewership of the India-Pakistan match. Rates have shot up by almost 25-30% over the past two days, and are in the range of Rs 18 lakh to Rs 20 lakh for a 10-second ad spot, up from close to Rs 12 lakh, said two media buyers requesting anonymity.

 

Sam Balsara, chairman and managing director at media buying group Madison World said it was usual for broadcasters to up rates on highly watched shows. “India’s performance has been unexpectedly good so far. So its natural to hike rates for any broadcaster,” he said. Media planners say rates may peak that of the last World Cup which India won.

 

Anita Nayyar

“The India show gives India more muscle to stick to its rates. Even if advertisers think the rates are too steep, they don’t have a choice,” said a marketing head of a top foods firm. “When the World Cup started, there was scepticism. In the last two matches India has done phenomenally well giving a lot of philip to the tournament. With viewership increasing, Star is increasing rates,” said Anita Nayyar, CEO of Havas Media, India and South Asia. She said there are clients who are waiting for quarters, semi-finals and finals to advertise as they know that people will watch these games irrespective of the Indian cricket team’s presence in the stages.

 

Media buying firms say now even unconventional advertisers are looking to buy one-off spots, even at a premium, with India almost certain to reach the final league stages. Without specifying the rates, a Star India spokesperson said: “The pricing for the remaining matches is dynamic and depends on the inventory left. Most brands are interested in buying spots for a group of matches, therefore single game spots are sold at a premium.”

 

Star claims it has over 100 advertisers on the tournament. “The final stage matches will definitely get Star a higher rate. With India doing well, they will get their desired rates for these few matches,” says Vinit Karnik, national director, sports and live events, at GroupM ESP.

 

The India-Pakistan World Cup thriller on February 15 was watched by 288 million people in India – the most watched event in the country since the last World Cup final, according to data provided by World Cup Star India. In comparison, on the opening day of the World Cup, the Australia-England match was viewed by over 100 million people. The match, which India won convincingly by 76 runs, got a rating of 14.8 TVR among male viewers.

 

With Star launching commentary on its regional channels, about 76% of the total viewership during the match came from regional and Hindi while the rest came from English, said Star. The India-Pakistan match had also created history on the digital front with Star India’s digital platforms garnering over 25 million views, the highest in the world for a single game.

 

Source:The Economic Times

Copyright © 2015, Bennett, Coleman & Co. Ltd.

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