Sun TV Network, the leading broadcaster in the south, has announced hikes in advertisement rates for its Telugu, Malayalam and Kannada channels. The increased ad rates will come into force from January 2010.
The move follows Sun TV Network's announcement last month regarding hikes in advertisement rates for its flagship Tamil channel, Sun TV, and other Tamil channels such as KTV, Sun Music, Sun News, Chutti and Adhitya.
The broadcaster is eying an annual revenue growth of 15-20 per cent with ad rate hikes across its network.
The broadcaster has announced a hike ranging between 6 -16 per cent for its Telugu channel, Gemini TV. The hike in advertisement rates for its Kannada channel, Udaya TV, is up to 10 per cent. At the same time, in the case of its Malayalam offering, Surya TV, the increase in advertisement rates is up to 5 per cent, applicable on selective programmes.
Vidyasagar informs that the hike in ad rates for Telugu, Malayalam and Kannada channels has been announced after keeping all stakeholders in mind, after a fair degree of dialogue to decide the percentage of increase in the rates.
For its Tamil channels, the hike was in the range of 3-33 per cent. Like last time, the Sun TV Network is set to increase the slot fees (broadcast fees) received by it from content producers.