Television

Nimbus Sport targets Rs 11 billion sales for 2006-2007

MUMBAI: Nimbus Sport, the sports marketing arm of Nimbus Communications Limited on Saturday announced its plans to target over Rs 11 billion ($ 250 million) in sales from sports activity in 2006 and 2007.

This figure is spread across various sports properties including Friday's deal for Pakistan Cricket Board sponsorship and signage rights for five series across three years. Also, Nimbus Sport has been signed on for a five-year television production and sponsorship marketing contract of Indian football by Zee Sports.

Commenting on this announcement, Nimbus Sports CEO Digvijay Singh said, "We are delighted to win the PCB multi-year contract as that extends our business footprint in cricket to virtually every major test playing nation. We are also in talks for three major international rights management and television production contracts this year."

Amongst Nimbus Sport's prominent on going multi-year contracts are the management of commercial rights of ICC cricket events - Champions Trophy '06 and the Cricket World Cup '07 (mandated by GCC), the A1 Grand Prix World Cup of Motor Sport (mandated by Team India), the Afro Asia Cup cricket '06 and '07(mandated by ACC), Kingfisher Challenger Series '05, Mumbai Cricket Festival 05-06 and several other regional sports properties.

Nimbus Sports president Satish Menon said, "The football contract from Zee is a fantastic opportunity for us to bring to bear our global best practices to take Indian football to a strong no. 2 sport position in India. As demonstrated by our monetisation and globalisation of the Kingfisher Challenger series cricket, the rights management can take India's domestic sport to a global level."

Queried over how Nimbus had arrived at these projections, Menon admitted that the bulk of the revenues were expected to come in from the World Cup (to be held in the West Indies) and secondly from next year's Champions Trophy (India hosting).

Menon said the sales targets from existing sponsorship and TV rights for the World Cup were $100 million and for the Champions it was $35 million. On air sales from both tourneys were projected to garner $55 million, Menon stated.

Expectations from some of the other tourneys break down as follows:

    Next year's Afro-Asia Cup, which India is likely to host - $8.2 to 10 million.

    A-1 year one - $4 million; year two - $6 -7 million,

    Football - $ 6-7 million

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/23/Aaj-tak-sabse.jpg?itok=y5SUyDvL
Aaj Tak regains number one position in Hindi News genre

MUMBAI: Zee News made way for the entry of News24 in the top five channels' list in the Hindi News Rural genre in this week's BARC India data. In the Hindi News Urban space, ABP showed up in the top five list pushing out News Nation.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/23/zee%20%281%29.jpg?itok=G2vJCfG-
Zee's 'Khwaabon Ke Darmiyaan' emerges as top-ranking TV show in UAE

Zee Middle East’s second, locally produced fiction series Khwaabon Ke Darmiyaan which follows the storyline of a UAE based real estate tycoon, has emerged as the top-ranking TV show among south Asians in the UAE for two consecutive months.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/23/Discovery%20%281%29.jpg?itok=rcV4zr8O
Star World dominates English Entertainment, Discovery regains no.1 spot

Star World dominated the English Entertainment genre followed by Zee Cafe. Players in the space witnessed a significant hike in the ratings this week.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/23/Times-Internet%20%281%29.jpg?itok=Ih3sQCAj
Times Internet appoints Rattan Chugh & Vivek Pandey in leadership roles

Looking to further consolidate its position as India's leading digital product company, Times Internet, today, announced the addition of two experienced and proven corporate leaders to their senior management team. Rattan Chugh comes in as the new chief people's officer from Standard Chartered,...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/23/Sundaram%20%281%29.jpg?itok=verTtP_F
Times Now ex-CFO Sundaram joins Republic

MUMBAI: Former Times Now CFO S Sundaram has joined Republic, Arnab Goswami’s media entity, as the group CFO for the TV and digital venture.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/22/karan-bajaj%20%281%29.jpg?itok=PEGordMk
DSport bags rights of Chinese League, IPL on cards

Discovery’s newest offering in the sports industry, DSport, has acquired the rights of the Chinese Super League (CSL). The tournament will be aired from 11 March.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/23/vidyut%20%281%29.jpg?itok=aSVPkrQT
Movies Now brings Vidyut Jamwal to promote 'Knockouts @ 7'

Movies Now has associated with an upcoming action film Commando 2 for its flagship property Knockouts @ 7. The property airs action packed movies like Quantum Of Solace, Spiderman 2, The Chronicles Of Narnia: Prince Caspian, Snake On A Plane and many more every Monday–Friday at 7 pm.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/22/pramod%20%281%29.jpg?itok=X3UbSddA
Pramod Chandorkar is IRAA awards director

The Indian Recording Arts Academy has announced Pramod Chandorkar as the Awards Director. Pramod has been working as a Sound Engineer since 1995. He has worked on numerous mega hit albums and films as Chief Sound Engineer. He is one of the few audio engineers who have excelled in all branches of...

Television TV Shows Awards
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/22/Kalanithi-Maran.jpg?itok=byGkIFgE
Sun TV to benefit greatly from DAS III & IV: Centrum Broking

MUMBAI: Stockbroking firm Centrum Broking’s research team is relatively bullish on the Sun TV Network. In its latest report, Centrum has stated that Sun TV has said that recent developments bode well for the Kalanithi Maran promoted southern TV network. “We draw comfort from the court’s recent...

Television TV Channels Regional

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories