The network hopes the upcoming cricket series, despite Indian captain Virat Kohli's absence in the second half, will bring in 20-25 percent higher viewership than the 2018/19 one
Tim Paine of Australia and Virat Kohli of India talk before the coin toss as Archie Shiller from the Make A Wish foundation who will be co-captain on Boxing Day looks on during day one of the Third Test match in the series between Australia and India at Melbourne Cricket Ground on December 26, 2018 in Melbourne, Australia.
Image: Scott Barbour - CA/Cricket Australia via Getty Images/Getty Images
As India commences its first international outing in the new normal, in a series against Australia beginning November 27, broadcasters Sony Pictures Sports Network (SPSN) is confident that viewer and advertiser interest will match up to the high-octane billing of the action on the field.
Even the absence of Virat Kohli, on paternity leave during the last three of the four Test matches to be played in the second half of the tour, will not dampen the spirits, says Rajesh Kaul, the chief revenue officer, distribution, and head for sports for Sony Pictures Networks India. The network has gone on a marketing overdrive and has already sold 75-80 percent of its ad inventory.
“We know how big the series is and we are going all out as a network to make it that big,” Kaul tells Forbes India in an interview. Edited excerpts:
Q. How has the pandemic impacted ad revenues? What are your expectations for FY21?
Revenues for sports channels depend on the specific content you have, unlike other channels where the content is fairly similar. Some years, you’ll have three or four big events compared to others. Some of our events this year, like the Euro and the Olympics, have been postponed due to Covid-19, so that will have an impact, and we’ll get bigger numbers for these next year. But apart from that, our overall numbers are far, far better than what we had forecast in April and May.