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IMI
may take promos off three Zee channels
Krishna
Gopalan in Mumbai
In a significant development, the Indian Music Industry (IMI),
the association of which most Indian music majors are members,
is likely to take its promos off three Zee network channels
from January 13. This was confirmed by senior officials from
the music industry to The Financial Express.
Officials at IMI as well as the Zee Network were unavailable
for comment.
The promos are primarily aired on Zee TV,
Zee Music and Zee Cinema. “We have not managed to reach a
consensus with Zee over the issue of advertisement rates and
may have have to stop airing promos on these channels,” said
an industry official. The IMI, at this stage, comprises prominent
Indian music companies such as Saregama, Sony Music, Universal,
Magnasound, Venus and BMG Crescendo.
The promos being aired by the music companies comprise largely
new album releases. Sources have indicated that this is the
first time that the IMI has decided to withdraw promos from
a network. “While there have been issues in the past relating
to advertisement rates, this is the first time that such a
decision has been taken,” they added.
Interestingly, a large percentage of the IMI spend is across
the Zee network and this decision may therefore have larger
implications for the three Zee channels. The officials explained
that the IMI was in negotiations with almost every television
channel on ad rates, in the wake of the turbulent phase that
the Indian music industry was going through.
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