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MUMBAI: Recession is hitting kids channels and advertising growth will be under
pressure, says Turner International India vice president and deputy general manager
- entertainment networks, South Asia Monica Tata. Turner,
however, hopes to maintain the 11 per cent ad growth in 2009 from its two channels
Cartoon Network and Pogo, which dominate the kids TV space, with a thrust on brand
value propositions to advertisers. Turner
will also focus on upping licensing and merchandising revenues which accounted
for 10 per cent of the kitty in 2008. "We
posted a 11 per cent ad growth in 2008 from our kids channels. Our efforts will
be to grow at the same speed in 2009. We are also looking at exploiting our products
through licensing and merchandising. We see an opportunity particularly in promotional
licensing, says Tata. The
kids TV market is pegged at Rs 1.5 billion, a major chunk of which is parcelled
out to Cartoon Network and Pogo. Walt Disney Company, which acquired local channel
Hungama to shore up its market share, is the next biggest revenue earner, followed
by a resurgent Nick. The
global economic meltdown has made clients and advertisers cautious about their
ad spend. "We are countering this through our marketing initiatives and are
adding value to our clients and their products," says Tata. Kids
channels are already under pressure to move to quarterly deals with big advertisers.
Admits Tata, Many of our clients, who earlier were open to signing annual
deals with us, are now looking at quarterly agreements. Hence, we are looking
at creating brand value for our advertisers and marrying them with our products
for various marketing initiatives. Turner
is also planning to expand in the areas of localised animated content, film production,
and syndication exploitation. For Cartoon Network, the
focus will be to increase Indian animation content. Says
Tata, We have 20 Indian animation shows/features playing on CN and they
have really worked well for us. Our 2009 focus will be to expand on Indian animation
content for CN.
Pogos focal point will be to expand their original production. Pogo
has approximately 200 hours of original content. We aim to scale that up,
says Tata. |