Fedders Lloyd’s non-payment of dues may cause problems for JVC marketing in India
The Fedders Lloyd Corporation is facing problems due to default of payment of dues of Rs 1.62 crore to its former advertising agency Dentsu, and also non-payment to other industry organisations. Consequently, it is sorting out issues at the Allahabad High Court and also with industry bodies such as the IBF, AAAI and the INS. Until now, Fedders has not cleared its dues to anyone, and it would appear that this could create problems for JVC’s marketing in India, given the Fedders-JVC partnership here.

The situation between Dentsu and one of its earlier clients, Fedders Lloyd Corporation, which led to the agency filing a winding up petition against Fedders Lloyd at the Allahabad High Court on account of default in payment of Rs 1.62 crore, might result in creating problems for JVC’s marketing in India. Not only is Fedders Lloyd sorting out the case in court, but highly placed sources close to the development informed that the company had also been banned by industry bodies such as the Indian Broadcasting Foundation (IBF), Advertising Agencies Association of India (AAAI) and the Indian Newspapers Society (INS).
As is known, Dentsu’s winding up petition was first heard on February 8, 2008, and the next hearing on the notice took place on February 28. Even as official comments were not available on this, it is understood that Fedders Lloyd has been given four weeks’ time to resolve the issue.
On being questioned on the matter of being banned by the industry bodies, Sanjeev Wadhwa, Vice-President, Sales and Marketing, Fedders Lloyd Corporation, informed, “This was a disputed matter and has been sorted out now with the IBF.” However, sources informed that Fedders had only met IBF on the issue to promise that it would clear the dues that it owed to the IBF members and that the issue had not progressed further from there until now.
A source familiar with the situation, on condition of anonymity, explained that Fedders Lloyd’s partnership with JVC wouldn’t help the organisation in circumventing the problem that former was facing in the industry, and that even as a new agency had been appointed for the JVC business in India, Fedders Lloyd still needed to take quick and active steps to clear its payments to various industry organisations, including film production houses, suppliers, processors and so on.
Fedders had engaged Dentsu for the advertising campaign for its air-conditioners, LCD TVs, microwaves, DVDs and so on during March 2007 to October 2007. Fedders Lloyd defaulted in making payments to Dentsu towards advertising activity carried out in the print and electronic media. A notice from the IBF at that time quoted, “One of the clients of Dentsu Marcom, M/s Fedders Lloyd is consistently defaulting. The client owes around Rs 3.12 crore to IBF members. The client was even called for a meeting in August 2007, and has not fulfilled the commitment. In the IBF sub-committee meeting held on October 26, 2007, it has been decided to advise all IBF members not to accept the activity of the Fedders Lloyd w.e.f. November 1, 2007. Even the existing ROs for activity beyond October 31, 2007 should not be run on your channels.”
Fedders Lloyd had tied up with JVC of Japan in December 2007 for the marketing and sale of its consumer electronic products like video cameras, audio and LCD TVs in the Indian market.
Also read:
JVC assigns creative duties to PerceptH, Allied Media to handle media duties; account size Rs 20 cr
Fedders Lloyd to market JVC audio and video brands in India
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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