Companies

In big-title clashes, in-theatre advertising wins

Bindu D Menon Mumbai | Updated on January 16, 2018 Published on October 31, 2016

Big releases Ae Dil Hai Mushkil and Shivaay... cinema advertisers have grown from 60 in 2010 to over 2,500

Demand for inventory peaks either due to festivals or long weekends

Clash of big titles at box office is auguring well for in-theatre advertisers. Multiplexes and brand specialists note that their inventory gets full especially when a big film and festival come hand-in-hand.

Last week, Aei Dil Hai Mushkil and Shivaay were slugging it out at the box-office. Brands say that the trend is only set to grow as both Bollywood and regional films are strengthening their pipeline of films.

“Advertisers are chasing big banner releases. Our demand for inventory peaks during big-bang clashes and we see our inventory being booked at least six months in advance. Going forward, we see more such clashes happening which in turn benefit the industry,” said Siddharth Bhardwaj, CMO, Head of Enterprise Sales, UFO Moviez, a digital cinema distribution and in-cinema advertising platform.

He said the company witnesses at least 15-20 weeks in a year where demand for inventory peaks either due to festivals or even long weekends.

Bhardwaj said captive audience, customised content and audited display are attracting a growing number of in-cinema advertisers wishing for better recall amongst audience.

He said close to 2,500 advertisers are advertising through UFO.

Multiplex chain Inox said that it has registered 11 per cent growth in ad revenue for Q2 YoY backed by a healthy pipeline of films.

Deepak Asher, Director and Group Head (Corporate Finance), INOX Group of Companies, said: “With addition of new screens and a strong pipeline of quality content, we expect to further strengthen our brand”.

Advertising at movie theatres is one of the last few preferences for media planners.

Growing numbers

According to GroupM Forecast 2016, cinema advertising would continue to see an upswing, led by brand investments in this medium. While cinema advertising is small, contributing to less than one per cent of total advertising in India, its rate of growth is second to digital at 25 per cent.

Last year, the rate of growth of cinema advertising was 20 per cent.

Brand specialists note that in-cinema advertisers have grown from 60 in 2010 to over 2,500 backed by growth in multiplexes. Most multiplexes have 15 minutes of ad inventory. Most theatres play seven minutes before the film and seven during the interval.

The spot rate varies from ₹3,000-₹45,000 per 30 seconds.

Buzz index

Recently, Interactive Television, a unit of WPP, launched Buzz index -- a measuring tool for helping advertisers to make informed decisions for cinema advertising. Cinema in India is considered as second religion but cinema advertising still accounts for a negligible one per cent of the the total AD Ex.

Buzz Index identifies, captures and quantifies the buzz around a particular film across all social media platforms and arrives at a ‘buzz score’.

Ajay Mehta, CEO, Interactive Television, says: “We want to change the way cinema advertising is bought and sold in the country.

“Currently, cinema advertising peaks around 10-12 blockbuster movies and in the absence of any measure of a film's buzz, advertisers miss out on movies which are being talked about by their consumers.

“Buzz Index aims to change that so that even a small movie which is creating buzz and has a possibility of opening well should come up on the radar of the advertiser.”

Published on October 31, 2016

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.