Sportsvertising! From T20 World Cup to the IPL – let the Hunger Games begin….
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They say the 3Cs – Cinema, Cricket and Crime are what have captured the hearts and minds of Indian consumers. Needless to say, cricket is a word synonymous with excitement, despair, horror, elation and frustration for Indians. With the Indian Premier League and ICC Men’s T20 World Cup set to be held between March and July respectively, it is expected that Indian audiences will have once again something to cheer for. As a result, brands too have begun to chalk out plans to cash in on the two large marquee events. Experts believe ad revenue and ad sales, especially in the IPL, are set to grow due to it being televised on two different platforms; JioCinema and Star Network. However, sports advertising overall would struggle.
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Parliament panel expresses concern over TV channel price hikes
The Parliamentary standing committee on communications and information technology has expressed concern over a significant increase in television channel pricing by broadcasters and recommended more freedom of choice to consumers for selecting individual TV channels.
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Stayin Alive! How short format videos have become viewers’ as well as advertisers’ delight??
Short videos have changed our lives and the way we view content forever, as a result, terms such as ‘mindless scrolling’ and it is seriously mindless as viewers often fail to distinguish the difference between ads and content, have become a rage.? “We are going nano. The story gets micronised. And that’s the art science and philosophy here,” Harish Bijoor, business and brand-strategy specialist said. And all this is thanks to ByteDance owned short video platform TikTok, which is now banned in India, however, its exit gave birth to other platforms such as Instagram Reels, YouTube Shorts, and Moj, among others.? As per business intelligence platform Statista, during the pandemic, the short-form video segment saw an increase in active users between 2019 and 2021, with the user base amounting to 290 million during the latter. Furthermore, global spending on short-form video ads increased twentyfold in the last five years and is estimated to grow by $11 billion annually, reaching $145.8 billion by 2028.
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Hotstar subscribers up amid Disney-Reliance merger talks
Disney+ Hotstar, the video streaming service owned by the Walt Disney Company in India and a few other Asian markets, reported an increase of 2% sequentially in its paid subscribers to 38.3 million for the October-December period, the first since losing the digital streaming rights of the Indian Premier League (IPL) last year.
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BrandWagon AdTalk with Airtel Payments Bank’s Shilpi Kapoor
The pandemic has brought about notable shifts across industries, and the case has been no different for marketing. Today, digital marketing has become a crucial aspect in order to acquire new customers and retain existing ones. In our weekly BrandWagon Ad Talk series, industry experts highlight what has changed over the past two years and more importantly, are these changes here to stay. Shilpi Kapoor, chief marketing officer, Airtel Payments Bank, talks to BrandWagon Online, about the dos and don’ts of digital marketing, best marketing campaigns, and more.
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Indian advertising industry grew 8.6% over 2022 to hold a market size of Rs 93,166 crore, reveals dentsu’s digital report 2024
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