MSM ropes in Vodafone and Karbonn as presenting sponsors

Rohit Gupta, president, MSM informs that response to IPL has been enthusiastic as ever

Urvi Malvania Mumbai
Last Updated : Apr 15 2014 | 6:52 PM IST

As the seventh edition of the IndianPremier League kicks off today, broadcaster Multi Screen Media issitting pretty with 10 sponsors on board and nearly 70% ofits spot advertising inventory sold off. The broadcaster will beairing the tournament on its channels SET Max, Sony Six and Sony SixHD.

Rohit Gupta, president, MSM informs that the response to the IPL has been enthusiastic as ever. Thebroadcaster has managed to maintain the number of sponsors from lastyear with two presenting sponsors - Vodafone and Karbonn Mobile andeight associate sponsors - Havells, Amazon, Perfetti Van Melle,Marico, Cadbury and TVS Motors. The remaining two will be announcedby tonight reveals Gupta.

A media planner who was involved in thenegotiations for one of the associate sponsors said, "Once thevenue and timings were decided, the brands' confidence in thetournament was restored. The IPL promises entertainment and reachwhich is what matters to the advertisers."

While Vodafone, Cadbury, Havells andKarbonn are returning as on-air sponsors, brands like Marico andPerfetti Van Melle have been consistent on-air spot buyers for theprevious seasons of the tournament. This is also the first year thata two wheeler brand - TVS Motors has signed up for associatesponsorship during the IPL.

"The reduction in the number ofmatches has actually worked well for us. Firstly, there will be lessviewer fatigue and second, more importantly, there will be fewerafternoon matches and thus we expect the viewership to increase thistime," informs Gupta.

The broadcaster has increased thesponsorship rates by 15% from last year. Sponsorship ratesfor each 10-second spot are around Rs 4 lakh, said media planners whoare part of the negotiations for advertisers. Spot buyers would haveto pay nearly Rs 1 lakh more, with rates pegged at Rs 4.75-5 lakh for10 seconds.

The tournament has showing steadyincrease in reach over the past six seasons. It increased from 165million in IPL 5 to 210 million in IPL 6 and the trend is expected tocontinue. The broadcaster is targeting a revenue of Rs 900 crore thisseason as compared to Rs 800 - Rs 850 crore last year.

*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: Apr 15 2014 | 6:48 PM IST

Next Story