GECs
Ad revenues to sustain despite of hike in excise rates
The ad industry seems to have no qualms about the recent budget. Industry professionals believe that the recent excise hike that the budget imposed on several categories of goods, among which figure FMCGs, automotive and consumer durables, is unlikely to prove a dampener to advertising fortunes in the coming year.
In the past a rapid rampup of prices courtesy government levies has led to slow offtake of goods which in turn has led to a reduction in ad spend by advertisers. Ad agencies have in the process seen their billings dry up.
Industry professionals however don’t think the scenario will be replicated this time around. Says Saatchi & Saatchi media head T.V. Shivkumar: “The hike in excise rates won’t in anyway have an effect on the ad spend of companies. There is no blanket increase in the price of commodities. The ad spend has got more to do with the bottomline of the company, whether it is able to keep its commitment with its shareholders.”
Euro RSCG’s Gautam echoed the same sentiments: “The ad budget of a company depends more on the state of the economy as a whole. Price rise is a common feature. I don’t think there should be any change in the ad spends.”
The excise rates, which have gone up to 16%, seem to have raised noalarms as far as the advertising and promotional expenditure of the companies is concerned. If at all, ad pros maintain that this may go up so as to cheer the slackening markets.
What needs to be seen is whether consumers will react similarly to the situation. Will they cut back or postpone consumption like they did in the early nineties which led to reduced ad expenditures? If they do react negatively, the ad industry will be caught unawares like in the nineties when they overstaffed and overcommitted resources in the hope of good economic growth.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
