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| ESPN on Its Way to Bank after Bagging T-20 WC Deal |
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| Pitched By Cricket360 Reporter | |||||||
| Wednesday, 29 April 2009 | |||||||
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With twenty-20 ushering into the scene heavily, it seems that the days of soggy soap operas are numbered. Cricket has always been the blue eyed boy of Indian television; the tremendous success of Indian Premier League has reaffirmed its commercial value. If Set Max bagged the IPL, its rival ESPN is all set to make it big through Twenty-20 World Cup in June. Here is what the broadcast right for the June event means for the STAR owned sports channel!
Comes June and world’s top twelve cricket teams will be seen vying for the topper’s crown in the shortest format of cricket. Last time it was in South Africa, this year it is England which is going to host the second edition of T-20 world championship. While world’s fiercest cricket teams will hit the pitch from June 5 to 21 to prove their excellence in the rock and roll version of cricket, the action packed drama will be directly brought to your television screen by ESPN STAR Sports. While audience catches up yet another twenty-20 drama unfolding on their television screen, ESPN runs all the way to bank after hoarding up huge profits from the ad revenues. Here is what it has already gained by selling airtime at 45% premium - a whopping Rs 225 crore and that is also for 90% of its on-air advertising inventory. The revenues for rest ten percent are yet to be assessed. This year, the channel is charging some Rs 3.25 lakh for10-second slots, which is straight 45% jump from previous year’s price. Meanwhile, the competitor, Sony SET MAX is busy making profits in South Africa. While IPL is a 36 day affair, the June event is going to last for just sixteen days. But last year, it managed to draw some 90 million viewers to ESPN STAR Sports channel for watching the clashes over twenty-20 world title. This year, the broadcaster has already signed 10 heavyweight advertisers that include the brands like Hero Honda, Maruti, Pepsi, Nokia, Hewlett Packard, Perfetti and Visa. While there will be three co-presenting on-air sponsors, seven will feature as associate sponsors. The fact that India is the defending champion of the Twenty20 World Cup makes it easier for the sports channel to lure the advertisers with the promise of a larger Indian audience for this year’s show. “The inaugural edition of the ICC T20 World Cup caught the imagination of cricket fans across the globe. We expect the second edition to do even better and the advertiser response has been very positive till date,” an ESPN STAR Sports spokesperson was quoted saying. As confirms Anita Nayyar, CEO, Havas Media, advertisers today are very keen on putting stakes on Twenty-20 version of cricket. However, they are also apprehensive of the unpredictability of English weather and the time gap between two countries that may affect the telecast time back in India. As per Indian timing, most of the matches will begin at 10 pm. If the Indian side can make it up to final, then it will play a maximum of seven matches. And anything less than final means a minimum of five matches. The two group matches of India are however scheduled for June 6 and June 10. The eight teams are divided into four groups and India is in ‘Group A’ with Bangladesh and Ireland. Two toppers in each group- that is total six teams- will move to the second stage of the tournament. These will pick up the top four, which will meet at the semi finals. The Lord’s will host the final match on June 21.
3.25 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."Newer news items:
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