Disney Star Set to Rake in Over ₹1,600 Crore from ICC Men's T20 World Cup Ad Sales

2024-09-09

Disney Star Set to Rake in Over ₹1,600 Crore from ICC Men's T20 World Cup Ad Sales

New Delhi: The ICC Men's T20 World Cup is gearing up to be a lucrative affair for Disney Star, the official media rights holder, with ad revenues expected to soar to unprecedented heights.



Anticipated Revenue Surge

Industry experts project that Disney Star could pocket between ₹1,600 to ₹1,800 crore in advertising revenue from the upcoming cricket extravaganza, mirroring the earnings from the previous tournament held in Australia. Despite an increase in the number of matches and participating teams, the revenue forecast remains consistent, primarily due to logistical challenges in capturing Indian audiences during early morning matches.



Advertising Landscape

The broadcaster is poised to attract a diverse array of advertisers, with FMCG, fintech, gaming brands, and others leading the charge. Ajit Varghese, Executive Vice President of Advertisement Sales for Disney Star, highlighted the growing interest in sectors like gaming and finance, underscoring the evolving dynamics of cricket advertising.



Key Matches and Sponsorship Opportunities

The tournament's marquee clash between arch-rivals India and Pakistan on June 9 promises to be a highlight, drawing immense attention from viewers across the globe. With India facing off against several formidable opponents in the initial rounds, the broadcaster anticipates a surge in advertiser count compared to previous editions.



Digital Frontier

While the timing of matches may pose challenges for linear TV viewership in India, Disney Star is strategically leveraging its digital platforms to maximize reach and engagement. The OTT platform Disney+ Hotstar is offering advertisers lucrative sponsorship opportunities, tapping into the growing trend of digital consumption among cricket enthusiasts.



Ad Pricing Dynamics

Ad rates for T20 tournaments typically command a premium over one-day internationals, reflecting the high demand and limited inventory. However, negotiations this year may see adjustments owing to the mix of promising and less prominent matches featuring lower-ranked teams.



Innovative Advertising Solutions

Disney Star is rolling out innovative advertising options, including addressable TV advertising, to enhance brand engagement and targeting capabilities. Partnerships with Tata Play and Star Sports aim to deliver personalized ad experiences to high-income viewers in metro cities.



Opportunities Amid Challenges

Despite logistical hurdles and stiff competition for advertising dollars, Disney Star remains bullish on the potential of the T20 World Cup to drive top-line growth. The broadcaster's proactive approach to adapting to digital trends and offering customized advertising solutions underscores its commitment to delivering value to advertisers and viewers alike.



Conclusion

As anticipation builds for the ICC Men's T20 World Cup, Disney Star stands poised to capitalize on the cricketing fervor with a robust advertising strategy. With a stellar lineup of matches, innovative ad solutions, and a burgeoning digital audience, the tournament presents a golden opportunity for advertisers to connect with millions of cricket enthusiasts worldwide.

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