Post by RitaLittlewood on Oct 14, 2008 18:14:22 GMT
From Media Guardian:
ITV to sell Coronation Street beer in range of soap spin-off merchandiseComments () Leigh Holmwood in Cannes guardian.co.uk, Tuesday October 14 2008 07.21 BST
ITV is to cash in on the popularity of Coronation Street by launching a range of spin-off products, such as Newton & Ridley beer and Rovers Return pub grub, that could make it millions of pounds.
The commercial broadcaster, which has announced it is to cut nearly 1,000 jobs because of the economic downturn, is developing a wide range of brand extensions of the popular soap in the runup to its 50th anniversary in 2010.
ITV has already trademarked Newton & Ridley, the fictional beer served in the Rovers Return pub, in preparation for its use on a range of products and also plans Corrie-themed restaurants, tea sets and clothing lines.
A range of underwear bearing the name of the Coronation Street factory, Underworld, is also in the pipeline.
ITV held talks with nearly 250 potential manufacturers at an industry licensing show at the beginning of the month, and the first products are expected in the shops in the middle of next year.
Brands also linked to Coronation Street products include Hovis and Marmite.
"This is a huge change for ITV, but it is not just about the money. It is about how you grow the brand over the long term," said Gustavo Antonioni, the commercial brands director at ITV Global Entertainment.
Speaking to MediaGuardian.co.uk at the Mipcom international programming market in Cannes, he added: "This isn't about going out there and licensing the heck out of things."
Spin-offs are also planned from ITV rural soap Emmerdale such as Woolpack-branded drinks, named after the show's pub, a gardening club and clothing ranges.
Antonioni, who previously worked for Warner Bros and Disney, said ITV had to see the soaps as commercials from which to make money.
"Our business is about creating a TV commercial that is aired a couple of times a week that people can engage with," he added.
ITV is also planning a series of events in the runup to Coronation Street's 50th anniversary in December 2010.
The broadcaster has even created a logo featuring the famous flying ducks that graced much-loved character Hilda Ogden's front room.
"There are going to be several events throughout the year to celebrate the anniversary," Antonioni said.
"These will include a combination of tapping into past talent as well as celebrations for viewers."
In addition to the launch of spin-off products, ITV is also planning to reopen the Coronation Street set in Manchester to the public with behind-the-scenes tours.
Antonioni said that ITV also had global plans for Coronation Street spin-offs.
"The UK is our biggest market right now, but we can take this [the range of spin-offs] wherever we sell the show," he added.
Meanwhile, ITV is to release a new 90-minute episode of the soap on DVD featuring characters Cilla and Les in South Africa.
The DVD special is due to hit shops in early December in time for the Christmas market.
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This isn't new. You could get Newton & Ridley's in the 90s. I've still got some unopened. You could get all sorts and even Betty's Hotpot was in the supermarket. Like sci-fi merchandise, there's a niche market. Except sci-fi has more fans so makes more money. They're onto a loser here otherwise they wouldn't have stopped making anything.
Patsy
ITV to sell Coronation Street beer in range of soap spin-off merchandiseComments () Leigh Holmwood in Cannes guardian.co.uk, Tuesday October 14 2008 07.21 BST
ITV is to cash in on the popularity of Coronation Street by launching a range of spin-off products, such as Newton & Ridley beer and Rovers Return pub grub, that could make it millions of pounds.
The commercial broadcaster, which has announced it is to cut nearly 1,000 jobs because of the economic downturn, is developing a wide range of brand extensions of the popular soap in the runup to its 50th anniversary in 2010.
ITV has already trademarked Newton & Ridley, the fictional beer served in the Rovers Return pub, in preparation for its use on a range of products and also plans Corrie-themed restaurants, tea sets and clothing lines.
A range of underwear bearing the name of the Coronation Street factory, Underworld, is also in the pipeline.
ITV held talks with nearly 250 potential manufacturers at an industry licensing show at the beginning of the month, and the first products are expected in the shops in the middle of next year.
Brands also linked to Coronation Street products include Hovis and Marmite.
"This is a huge change for ITV, but it is not just about the money. It is about how you grow the brand over the long term," said Gustavo Antonioni, the commercial brands director at ITV Global Entertainment.
Speaking to MediaGuardian.co.uk at the Mipcom international programming market in Cannes, he added: "This isn't about going out there and licensing the heck out of things."
Spin-offs are also planned from ITV rural soap Emmerdale such as Woolpack-branded drinks, named after the show's pub, a gardening club and clothing ranges.
Antonioni, who previously worked for Warner Bros and Disney, said ITV had to see the soaps as commercials from which to make money.
"Our business is about creating a TV commercial that is aired a couple of times a week that people can engage with," he added.
ITV is also planning a series of events in the runup to Coronation Street's 50th anniversary in December 2010.
The broadcaster has even created a logo featuring the famous flying ducks that graced much-loved character Hilda Ogden's front room.
"There are going to be several events throughout the year to celebrate the anniversary," Antonioni said.
"These will include a combination of tapping into past talent as well as celebrations for viewers."
In addition to the launch of spin-off products, ITV is also planning to reopen the Coronation Street set in Manchester to the public with behind-the-scenes tours.
Antonioni said that ITV also had global plans for Coronation Street spin-offs.
"The UK is our biggest market right now, but we can take this [the range of spin-offs] wherever we sell the show," he added.
Meanwhile, ITV is to release a new 90-minute episode of the soap on DVD featuring characters Cilla and Les in South Africa.
The DVD special is due to hit shops in early December in time for the Christmas market.
---------------------------------------------------------------------
This isn't new. You could get Newton & Ridley's in the 90s. I've still got some unopened. You could get all sorts and even Betty's Hotpot was in the supermarket. Like sci-fi merchandise, there's a niche market. Except sci-fi has more fans so makes more money. They're onto a loser here otherwise they wouldn't have stopped making anything.
Patsy