DD set to cross Games revenue target

Image
Sharmistha Mukherjee New Delhi
Last Updated : Jan 21 2013 | 5:24 AM IST

The huge viewership of Commonwealth Games has put to rest the doubts many had raised about Doordarshan, the national broadcaster, being able to meet its target of advertising revenue of Rs 100 crore during the 12-day event. It may not only achieve the target but even cross it as companies have lined up to buy ad spots for the closing ceremony.

“Many companies have expressed interest in booking air time on Doordarshan, and it is not only for the closing ceremony but also for the various events. We are definitely going to meet our target. Chances are that we will exceed it,” said Doordarshan Director General Aruna Sharma. Some observers said that Doordarshan may exceed the target by over 20 per cent.

Sharma, however, declined to divulge the names of the new advertisers and said the list is still in the process of being finalised. ITC, Dabur, Lloyd, Punjab National Bank and NTPC were amongst the companies that advertised during the opening ceremony.

The interest expressed by viewers in the opening ceremony has, in the meantime, encouraged Doordarshan to raise rates for airtime on the channel almost three times. While 10-second ad slots on Doordarshan were sold for Rs 90,000 for the opening ceremony, these have now become dearer at Rs 2.5 lakh for the closing day.

With the money it makes during the Commonwealth Games, Doordarshan is all set to cross the Rs 1,000-crore mark in advertising revenues for the first time since inception. This will make Doordarshan inch closer to the third-largest broadcaster in the general entertainment space, Zee Entertainment Enterprises which rustled Rs 1,068 crore from ad revenues in 2009-10. The total ad revenue of the television sector was around Rs 9,000 crore in 2009-10.

However, the money from advertising in the 12-day event appears modest when compared to cricket. For instance, the T-20 World Cup had fetched over Rs 250 crore in ad revenues, while SET Max made around Rs 700 crore from the Indian Premier League, a 45-day affair. “The response we are receiving from viewers as well as advertisers indicates that people have started to think beyond cricket. This would be positive for the development of other sports in the country,” Sharma said. Doordarshan is telecasting the Games in both standard definition and high definition formats on five channels — DD National, DD Sports, DD India, DD Urdu and DD Bharati.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 10 2010 | 12:09 AM IST

Next Story