Breaking: Advertisements & sponsorships rise by 70% for Olympics 2024

SBI and JSW Group are the co-presenting sponsors, Thums Up and Herbalife have joined as associate sponsors, other brand partners include AMFI,MRF, Bacardi Martini, Punjab National Bank for Paris Olympics 2024 which will be broadcasted on Sports18 and streamed on JioCinema.

By  Imran FazalJul 26, 2024 5:25 PM
Breaking: Advertisements & sponsorships rise by 70% for Olympics 2024
JioCinema will be streaming 20 concurrent feeds which includes 17 sports-wise feeds and 3 exclusively curated feeds dedicated to the Indian Contingent in Paris, Global Action, and a special focus on Women Athletes

With Paris Olympics kickstarting from Friday, experts claimed that there is a rise in 70 percent of brand advertisements and sponsorships as compared to last Olympics. Viacom18 Sports has the media rights for both TV and Digital platforms. Majority of the brands have chosen to advertise on both platforms.

SBI and JSW Group are the co-presenting sponsors, Thums Up and Herbalife have joined as associate sponsors, Other brand partners include AMFI,MRF, Bacardi Martini, Punjab National Bank. Aditya Birla Capital is the highlights partner, Reliance Foundation is also the partner for Viacom18 Sports during Paris Olympics 2024.

JioCinema will be streaming 20 concurrent feeds which includes 17 sports-wise feeds and 3 exclusively curated feeds dedicated to the Indian Contingent in Paris, Global Action, and a special focus on Women Athletes

Siddharth Sharma, Head of Content, Viacom18 Sports said, “The response from the advertisers have been great. We have seen an increase by 70% for advertisements and sponsors as compared to last Olympics. This is a good sign that IOA has closed more sponsors this year as compared to last Olympics.”

Viewers opting for the India feed can immerse themselves in the Olympic Games in English, Hindi, Tamil, and Telugu, following the Indian contingent’s performances.

First Published on Jul 25, 2024 5:10 PM

More from Storyboard18

How it Works

Marico’s ad spends in India surge 35% in Q4, fueling growth amid inflation headwinds

Marico’s ad spends in India surge 35% in Q4, fueling growth amid inflation headwinds

How it Works

LinkedIn to share ad revenue with creators in bid to lure video advertisers

LinkedIn to share ad revenue with creators in bid to lure video advertisers

Advertising

Amazon ad revenue jumps 19% to $13.92 billion

Amazon ad revenue jumps 19% to $13.92 billion

Brand Marketing

How social media became the centrepiece of film marketing in India

How social media became the centrepiece of film marketing in India

How it Works

AI is advertising’s most profound revolution yet: WPP's Mark Read

AI is advertising’s most profound revolution yet: WPP's Mark Read

Advertising

Microsoft's news ad revenue sees 18% rise, revenue up 16% in Q1 2025

Microsoft's news ad revenue sees 18% rise, revenue up 16% in Q1 2025

Advertising

Zomato's ad expenses up by 63% to Rs 634 crore, profit declines to Rs 39 crore in Q4 FY25

Zomato's ad expenses up by 63% to Rs 634 crore, profit declines to Rs 39 crore in Q4 FY25

How it Works

Sundar Pichai to testify in Google search antitrust trial

Sundar Pichai to testify in Google search antitrust trial