Staff Reporters
Oct 15, 2010

Jiangsu and other local TV networks to 'live auction' advertising slots

BEIJING - At least three local TV networks in China - Anhui, Jiangsu and Hunan – are believed to have plans to live auction their advertising time slots this year, following the example of CCTV’s famous annual bidding.

Jiangsu and other local TV networks to 'live auction' advertising slots

This year, the base price for sponsoring the a popular TV dating show from Jiangsu TV station 'If you are the one' (fei cheng wu rao — pictured) is set at US$5.9 million (RMB40 million) for a season. The total base price for TV and online advertising slots and sponsorship for the whole year of 2011 is US$59 million (RMB400 million), making it the most expensive show for advertisers.

Sponsorship fee for Hunan TV's decade-old show 'Joyful Base Camp' (kuai le da ben ying) for six months is set at US$5.6 million (RMB38 million).

Anhui TV station will hold the bidding on 20 November, while Jiangsu and Hunan's auctions are to be held on 5 and 10 November respectively — all ahead of CCTV's upfront ads sales.

Source:
Campaign China

Related Articles

Just Published

7 hours ago

Delicia Tan adds Singapore to remit in Edelman ...

Tan takes on an expanded role as CEO of Edelman Singapore, while retaining her leadership of Hong Kong and Taiwan, following Julia Wei's upcoming departure. In other Edelman news, Vorasit Turongsomboon has been appointed MD for Thailand.

8 hours ago

Selfie-obsessed humans can now match with shelter dogs

Cheil Worldwide's latest campaign uses AI to match humans with shelter dogs based on looks and personality. Ad Nut is baffled and judging you.

8 hours ago

'The holding company model has been broken for a ...

EXCLUSIVE: Fresh off two major acquisitions in 2024, Jamie Posnanski unpacks why the traditional agency-supplier model needs an overhaul, combating transformation fatigue, and why so few clients believe their agency models are fit for purpose.

8 hours ago

Advertisers of the month in Malaysia: Watsons, ...

The three brands led advertising awareness gains in Malaysia during the month of January, with Watsons’ Chinese New Year campaign achieving the highest visibility.