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30
October 2001
Mumbai
ACNielsen, a VNU company, and Kantar Media Research (KMR)
and Indian Market Research Bureau (IMRB), both part of Kantar,
WPP's worldwide information and consultancy business, said
today that they have agreed to form a new joint venture that
will offer the most comprehensive measurement of TV audiences
and advertising expenditures in India. The transaction is
expected to close by the end of this year.
The new venture plans to combine local TV ratings data from
TAM Media Research, a 50-50 joint venture between ACNielsen
and KMR/IMRB, with data from ORG-MARG, a VNU company, in a
single service across India. The combined TV ratings service
will be one of the world's largest to use advanced people
meter technology.
Company officials said a combined service will benefit all
clients - broadcasters, agencies and advertisers - because
it will provide significant additional coverage of the Indian
television market. Coverage will be expanded to all major
states in India (15 states versus the current coverage of
nine) and virtually all major metropolitan areas, under a
plan that will be presented to the industry.
The new joint venture will also be the leading provider of
advertising expenditure information in India, covering more
than 90% of the country's TV and press advertising spending.
India is one of 24 major television markets monitored by ACNielsen
Media International, the leader in international media measurement
and analysis. Together with Nielsen Media Research, which
measures television audiences in the United States, the two
companies offer the most extensive coverage of the global
TV economy.
In addition to television audience measurement, ACNielsen
Media International offers advertising information services,
radio audience measurement, print readership services, and
customized media research.
ACNielsen Media International and Nielsen Media Research are
part of VNU Media Measurement & Information, the global
leader in must-have information for the media and entertainment
industries. Active in more than 40 major markets worldwide,
and powered by leading-edge technology and specialized expertise,
the group serves the information and marketing needs of television
and radio broadcasters, advertisers, ad agencies, media planners,
music companies, publishers, motion-picture studios, distributors
and exhibitors, and the Internet community.
Including India, KMR's global media research network provides
TV audience measurement services in 27 countries, directly
and through its partners. In addition, KMR's TGI network now
covers 37 countries and offers specialized software and custom
research services globally.
The Kantar Group is responsible for WPP's worldwide information
and consultancy interests. The Group is the world's third
largest market research organization. Each of the Group's
operating companies is a leader in its own area of expertise
or specialization. The Group has conducted research studies
in over 130 countries and retains a staff of over 5,000. The
Group encompasses 171 offices in 59 countries. KMR is an integrated
global research, information and software group. Directly
and through equity positions, it manages research operations
in over 30 countries worldwide, specializing in media and
survey research solutions, and analysis software systems.
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