FM Phase II bidding: Adlabs, South Asia FM win 15 frequencies each in Eastern Zone
The third round of bidding for the Phase II expansion of FM Radio focused on the Eastern region, which saw Adlabs and South Asia FM standing neck to neck, with both grabbing 15 frequencies each out of the 66 frequencies up for bid in 17 cities. A total of 59 bids were received out of which 48 bids got qualified.
The third round of bidding for the Phase II expansion of FM Radio focused on the Eastern region, which saw Adlabs and South Asia FM standing neck to neck, with both grabbing 15 frequencies each out of the 66 frequencies up for bid in 17 cities. A total of 59 bids were received out of which 48 bids got qualified.
The government is expected to mop up revenues of over Rs 20.70 crore by way of One Time Entry Fee (OTEF) from Friday’s bidding. With this, a total of 165 frequencies have been allotted against 206 available frequencies.
Continuing its winning spree, Reliance-owned Adlabs bid in all the 17 cities, acquiring all except Patna and Siliguri. Not to be left behind, Sun-promoted South Asia FM also acquired 15 frequencies except Patna and Ranchi.
Bidding for Patna took a peculiar turn when ENIL (Radio Mirchi) outbid all other contestants with its bid of Rs 5.13 crore. Thus, the other four bidders in the fray, whose bids varied from Rs 36.5 lakh to Rs 1,26 crore, got disqualified as their bids didn’t amount to ‘one-fourth of the highest bidder’ provision, the minimum amount necessary for qualification in any city. ENIL did not bid in any city other than Patna, and is set to be a monopoly in the city.
However, informed sources said that this monopoly might not last for long as the government had definitive plans to invite tenders again in the cities where some frequencies remained vacant within three months of the end of the bidding process.
Speaking on the outcome of Friday’s bidding, Reliance Entertainment President, Rajesh Sawhney, said, “We won 15 frequencies for just Rs 4 crore. Our strategy has always been value-bidding. We have been bidding consistently according to the market potential and we are very happy with the results.”
Adlabs has been gung-ho about all parts of the country and at the end would keep only the high-potential maximum number of frequencies permitted. Adlabs has already won 41 frequencies in the first three rounds of bidding and is fast approaching the permitted ‘15 per cent of the total frequencies’ limit.
Without revealing whether Adlabs would be going for all the cities in the remaining two rounds of bidding in West and South zones, Sawhney said, “Even if we exceed the number of permitted frequencies, we are ready to keep it if the government allows it, or else we will make a choice.”
Among the other prominent names in Friday’s bidding process, New Delhi-based Positive Radio won four frequencies. BAG Infotainment, Bhubaneswar-based Eastern Media, Prabhat Khabar promoted Neutral Publishing, Jalpaiguri-based PCM Cement and Kolkata-based Chinar Circuit won two frequencies each.
The process for the remaining 132 frequencies in 40 B, C and D category cities in West and South regions of India would continue on January 27 and February 3, 2006.
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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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